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As I mentioned in the introduction of 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 just a couple of hours each 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 access your 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 little while now and Ive earned several gift cards up to now. .
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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 to their job. As an investor, you can make money passively in 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 which has a price match guarantee Paribus will search for a lesser cost, and if it finds one it can 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 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 I did some research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, however there's a wait list readily available for their next fund.
I signed up to the read this wait list and plan to invest a small amount when it becomes available again. .
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Netspend offers pre-paid debit cards, which go to this site are often used by those who dont have bank accounts. That might not be of much interest to you. However, a side benefit is that if you've got a prepaid card card you can also set up an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently around 6 to $6,000 complete. For a far more detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a few that look like a good match for you. The sooner blog here you get started 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 is not difficult to get, even in the event that you don't have money to invest. .