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As I mentioned in the introduction of this guide, just about any business can be a passive source of income when 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 may 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 attempt. Youll download their program to your smartphone and theyll access your browsing data, 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 little while now and Ive earned a few 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 work. As an investor, you can make money passively in the investment.
Paribus is a free app that will automatically search for refunds which are owed to you. When you make a purchase from a store/website that has a price match guarantee Paribus will search for a lesser cost, and if it finds one it can allow you to have a refund for the difference.
When the shipments are overdue, Paribus can allow you to find compensation for it. .
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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors get up to 12% returns and are paid each month. I havent visit homepage personally invested with AHP, but I did a little research and found many people who had favorable experiences with the investment. Its currently closed for new investors, however there's a wait list available for their next fund.
I signed up to the wait list his response and plan to invest a small amount when it becomes available again. .
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Netspend delivers prepaid debit cards, that are often used by those who dont have bank official site accounts. That may not be of much interest to you. But a side benefit is that if you have a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have several accounts, apparently up to 6 for $6,000 total. For a far more detailed look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, decide on a couple that seem like a good fit for you. The sooner you begin with passive income that the sooner youll be making money, and youll have more to re-invest. There is definitely some low-hanging fruit on this list that is not difficult to get, even in the event that you don't have money to invest. .