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As I mentioned in the introduction of this article, 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 job for you. However, some kinds of businesses expect a good deal less work than others, and you might not need to put in more than just a few 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 effort. Youll download their app to your smartphone and theyll access some browsing data, which they use for research 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 a few 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 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 next page which has a price match guarantee Paribus will search for a lower cost, and if it finds one it can help you to get a refund for the difference.
When 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 get around 12 percent returns and are paid each month. I havent personally invested with AHP, but that I did some research and found many men and women who had favorable experiences with the investment. Its currently closed for new investors, however there's a wait list 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, which are often used by those who dont have bank accounts. That might not useful link be of interest to you. However, a side benefit is that in the event you have a prepaid card card you can also set up an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have several accounts, apparently up to 6 to $6,000 total. For a far more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, decide on a couple that look like a good match 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 is easy to get, even in the event that you don't have money to invest. .