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