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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 job for you. However, some types of businesses require a good deal less work than others, and you may not need to put in more than a few hours each week.
MobileXpression certainly is not going to make you wealthy, but it can easily get you an extra $50 per year with essentially no attempt. Youll download their app to your smartphone and theyll get access to 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 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 earn money passively in the investment.
Paribus is a free program that will automatically hunt for refunds that are owed to you. When you make a purchase from a store/website that has a price match guarantee Paribus will search for a lower cost, and if it finds one it will help you to get a refund for the difference.
When the shipments are late, Paribus can help you to find compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get up to 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did a little research and found many people who had favorable 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 accessible again. .
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Netspend delivers prepaid debit cards, that are often employed by people who dont have bank accounts. That may not be of much interest to you. But 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 several accounts, apparently up to 6 for $6,000 total. For a much more thorough look at this contact form this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a few that seem like a fantastic fit for you. The sooner you begin with passive income that the sooner youll be making money, and youll have more to re-invest. There's definitely some low-hanging fruit on this list that's easy to get, even if you don't have money to invest. .