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As I mentioned in the introduction to this article, 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 types of businesses expect a lot less work than others, and you might not need to put in more than just a couple of hours per 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 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 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 work. As an investor, you can make money passively from the investment.
Paribus is a free program 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 seek out a lower price, and if it finds one it can help you to get a refund for the difference.
When the shipments are overdue, Paribus can allow you to find compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get around 12 percent returns and are paid each month. I havent personally invested with AHP, but that I did some research and found many men and women who had positive experiences with the investment. Its currently closed for Passive Income In New Zealand new investors, but there is a wait list readily available for their next fund.
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Netspend delivers prepaid debit cards, which are often used by people who dont have bank accounts. That might not be of interest to you. However, a side benefit is that if you've got a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 to $6,000 total. For a far more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .