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As I mentioned in the introduction of this article, any business can be a passive source of income if youre not putting much time into it. Normally, that means hiring people to do the work for you. But some kinds of businesses expect a lot less work than others, and you might not need to put in more than a couple of hours per week.
MobileXpression certainly is not going to make you wealthy, but it can easily get you an extra $50 per year with essentially no effort. Youll download their program to your smartphone and theyll get access to some browsing information, which they use for research purposes. Every week youll earn 5 credits.
Youll also get a bonus when you first sign up. Ive been using it for a little while now and Ive earned a few gift cards up to now. .
The 3-Minute Rule for Passive Income In New Zealand
Royalty Exchange is a market where you can invest in royalties. Artists and musicians can raise money by selling the royalties to their job. As an investor, you can make money passively in the investment.
Paribus is a free program that will automatically search for refunds which are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will search for a lesser cost, and if it finds one it can help you to have a refund for the difference.
When the shipments are late, Paribus will help you to get compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, my latest blog post using investor money. Investors get up to 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did a little research and found many people who had positive experiences with the investment. Its currently closed for new investors, however there is a wait list available for their next fund.
I signed up to the wait list and plan to invest a small click to read more amount when it becomes available again. .
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Netspend offers pre-paid debit cards, that are often employed by those who dont have bank accounts. Which may not be of interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.
You can have multiple accounts, apparently up to 6 to $6,000 over at this website complete. For a far more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a few that look like a fantastic fit for you. The sooner you begin with passive income the sooner youll be making money, and youll have more to re-invest. There's definitely some low-hanging fruit on this list that's easy to get, even if you don't have money to invest. .