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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. 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 couple of hours each week.
MobileXpression certainly is not going to make you rich, but it can easily get you an additional $50 per year with basically no attempt. Youll download their app to your smartphone and theyll access your 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 little while now and Ive earned a few 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 earn money passively from the investment.
Paribus is a free app that will automatically hunt 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 lower price, and if it finds one it can allow you to get a refund for the difference.
If the shipments are overdue, Paribus can help you to find compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive around 12 percent returns and are paid each month. I find out 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 is a wait list available for their next fund.
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Netspend delivers pre-paid debit cards, which are often employed by those who dont have bank accounts. Which may not be of much interest to you. However, a side benefit is that if you've got a prepaid card card you can also install an FDIC-insured savings account with navigate to these guys Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 for $6,000 total. For a far more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .