7 Simple Techniques For Passive Income Ideas In New Zealand

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 expect a good deal less work than others, and you might not need to put in more than just a few 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 program to your smartphone and theyll access your browsing data, which they use for research purposes. Each 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 several gift cards up to now. .

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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 to their job. As an investor, you can earn money passively from 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 which has a price match guarantee Paribus will search for a lesser cost, and if it finds one it will help you to get a refund for the difference.

If the shipments are late, Paribus will allow you to find compensation for it. .

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive around 12 percent returns and are paid each month. I havent personally invested with AHP, but I did some research and found many men and women who had favorable experiences with the investment. Its currently closed for new investors, but there is a wait list readily available for their next fund.

I signed up to the wait list and plan to invest a small amount when it becomes available again. .

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Netspend delivers pre-paid debit cards, which are often employed by people who dont have bank accounts. Which might not be of much interest to you. However, a side benefit is that in the event see page you have a prepaid card 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 detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

After reading through this list, pick a couple that look like a fantastic match for you. The sooner you get started with passive income that the sooner youll be making money, and youll have to re-invest. There is definitely some low-hanging fruit on this list that is easy to get, even if you don't check out here have money to invest. .