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As I mentioned in the introduction to this article, any business can be a passive source of income when youre not putting much time into it. Normally, that means hiring people to do the work for you. However, some kinds of businesses require a lot less work than others, and you may not need to put in more than just a few hours each week.
MobileXpression certainly is not going to make you rich, but it can easily get you an extra $50 per year with essentially no effort. Youll download their app to your smartphone and theyll get access to some browsing information, which they use for study purposes. Every week youll earn 5 credits.
Youll also receive a bonus when you first sign up. Ive been using it for a while now and Ive earned a few gift cards so far. .
The 30-Second Trick For Passive Income In New Zealand - Passive Income Ideas
Royalty Exchange is a marketplace where you can invest in royalties. Artists and musicians can raise money by selling the royalties for their job. As an investor, you can make money passively in the investment.
Paribus is a free app that will automatically search for refunds that are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will search for a lower cost, and if it finds one it will allow you to get a refund for the difference.
When the shipments are overdue, Paribus will allow you to find compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive around 12% returns and are paid every month. I havent personally invested with AHP, but that I did a little research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, but there is a wait list readily available for their next fund.
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Netspend delivers prepaid debit cards, that are often used by people who dont have bank accounts. That might not be of interest to you. However, a side benefit is that if you have a pre-paid card you can also install an FDIC-insured savings account with Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 to $6,000 total. For a far more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .