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As I mentioned in the introduction to this guide, 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 job 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 a few hours each week.

MobileXpression certainly is not going to make you rich, but it can easily get you an extra $50 per year with essentially no effort. Youll download their app to your smartphone and theyll get access to some browsing information, which they use for research 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 so far. .

Indicators on Passive Income Ideas In New Zealand You Need To

Royalty Exchange is a marketplace 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 from the investment.

Paribus is a free app 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 search for a lesser price, and if it finds one it can allow you to have a refund for the difference.

If the shipments are late, Paribus will allow you to find compensation for this. .

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive around 12% 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 positive experiences with the investment. Its currently closed for new investors, but 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, that are often used by those who dont have bank accounts. That may not be of much interest to you. But a side benefit is that in the news event you've got a pre-paid card you can also install an FDIC-insured savings account with Netspend that pays 5% interest.

You can have multiple accounts, apparently around 6 to $6,000 complete. For a much more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

After reading through this list, pick a few anonymous that look like a good fit for you. The sooner 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's not difficult to get, even in the event that you don't have money to invest. .