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As I mentioned in the introduction to this guide, 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 work for you. But some kinds of businesses expect a good deal 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 program to your smartphone and theyll get access to some 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 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 make money passively in the investment.
Paribus is a free app that will automatically hunt for refunds which are owed to you. When you make a purchase from a store/website that has a price match guarantee Paribus will seek out a lesser cost, and if it finds one it will help you to get a refund for the difference.
When the shipments are overdue, Paribus will help you to find compensation for this. .
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AHP buys desperate mortgages Check Out Your URL to prevent foreclosure, using investor money. Investors get around 12% 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 favorable experiences with the investment. Its currently closed for new investors, site but there is a wait list 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 those who dont have bank accounts. That might not be of much interest to you. But a side benefit is that in the event you have a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 for $6,000 total. For a far more detailed look at this, please visit How Im Our site Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a few that look like a good fit 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 in the event that you don't have money to invest. .