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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 work for you. However, some types 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 rich, but it can easily get you an extra $50 per year with basically no effort. Youll download their app to your smartphone and theyll get access to some browsing information, which they use for study purposes. Each 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 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 job. As an investor, you can earn 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 that has a price try this website match guarantee Paribus will seek out a lesser cost, and if it finds one it can allow you to get a refund for the difference.
If the shipments are late, Paribus will help you to get compensation for it. .
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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 my company I did a little research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, but there's 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 accessible again. .
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Netspend delivers pre-paid debit cards, that are often employed by those who dont have bank accounts. Which may not be of interest to you. However, a side benefit is that if you've got a pre-paid why not try this out card you can also set up an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently around 6 to $6,000 total. For a much more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a couple that look like a good match for you. The sooner you begin with passive income the sooner youll be making money, and youll have 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. .