3 Simple Techniques For Passive Income In New Zealand

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 work for you. But some kinds of businesses require a good deal less work than others, and you may not need to put in more than a couple of hours per week.

MobileXpression certainly is not going to make you rich, but it can easily get you an additional $50 per year with basically no effort. Youll download their program to your smartphone and theyll get access to your browsing information, which they use for research purposes. Every week youll earn 5 credits.

Youll also receive 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 make money passively from 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 which has a price match guarantee Paribus will search for a lower price, and if it finds one it will allow 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 distressed mortgages to prevent foreclosure, using investor money. Investors receive 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 people who had favorable experiences with the investment. Its currently closed for new investors, but there's 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 offers pre-paid debit cards, anchor which are often used by those who dont have bank accounts. That might not be of interest to you. However, a side benefit is that if you have a prepaid card card you can also install an view FDIC-insured savings account with Netspend that pays 5% interest.

You can have several accounts, apparently around 6 for $6,000 total. For a far more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

After reading through this listing, decide on a couple that look like a good fit for you. The sooner you get started with passive income the sooner youll be making money, and youll have more to re-invest. There is definitely some low-hanging fruit on this list that's not difficult to get, even if you don't have money to invest. .