Passive Income Ideas In New Zealand - Questions

As I mentioned in the introduction to this guide, just about any business can be a passive source of income when youre not putting much time into it. Normally, that means hiring people to do the work for you. But some types of businesses expect 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 additional $50 per year with basically no effort. Youll download their app to your smartphone and theyll access your browsing data, which they use for study purposes. Each 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. .

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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 work. As an investor, you can make 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 price, and if it finds one it will allow you try here to get a refund for the difference.

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

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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive around 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did some research and found many people who had favorable 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 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 are often used by those who dont have bank accounts. Which may not be of interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.

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

After reading through this list, pick a few that look like a good match for you. The sooner you begin with passive income that the sooner youll be making money, and youll have to re-invest. There's 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. .