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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 work for you. However, some types of businesses expect a lot less work than others, and you might not need to put in more than 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 essentially no attempt. Youll download their app to your smartphone and theyll access your 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 market where you can invest in royalties. Artists and musicians can raise money by selling the royalties for their work. As an investor, you can earn money passively in the investment.
Paribus is a free program 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 search for a lesser price, and if it finds one it will help you to have a refund for the difference.
When the shipments are late, Paribus will help you to find compensation for this. .
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AHP buys desperate 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 positive experiences with the investment. Its currently closed for new investors, however 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. That may not be of much interest to you. However, a side benefit is that in the event you've got a prepaid card card you can also set up an FDIC-insured savings account with Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 for $6,000 total. For a much more thorough look at Read More Here this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, decide on a few that seem 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 easy to get, even in the event that you don't have money to invest. .