Passive Income In New Zealand - Passive Income Ideas for Dummies
As I mentioned in the introduction of this article, just about 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 job for you. But some types 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 basically no attempt. Youll download their app to your smartphone and theyll access some browsing information, which they use for study purposes. Every week youll earn 5 credits.
Youll also get a bonus when you first sign up. Ive been using it for a while now and Ive earned several gift cards so far. .
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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 earn money passively in the investment.
Paribus is a free program that will automatically hunt for refunds which are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will seek out a lower cost, and if it finds one it can allow you to have a refund for the difference.
When the shipments are overdue, Paribus can help you to get compensation for it. .
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AHP buys distressed mortgages to prevent Get More Information foreclosure, using investor money. Investors get around 12 percent returns and are paid every month. I havent personally invested with AHP, but I did a little research and found many people who had positive experiences with the investment. Its currently closed for new investors, however there's a wait list available for their next fund.
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Netspend delivers prepaid debit cards, which are often used by those who dont have bank accounts. That might not be of interest to you. But a side benefit is that if you have a prepaid card card you can also install an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have several accounts, apparently around 6 to $6,000 total. For a much more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .