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As I mentioned in the introduction of this article, 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 lot 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 essentially no effort. Youll download their program to your smartphone and theyll get access to some browsing data, 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 up to now. .
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Royalty Exchange is a market where you can invest in royalties. Artists and musicians can raise money by selling the royalties to their job. 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 seek out a lower 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 get compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive up to 12% returns and are paid every month. I havent personally invested with AHP, but I did a little research and found many people who had positive he has a good point 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 see this website 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 those who dont have bank accounts. That might not be of much interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5% interest.
You can have several accounts, apparently around 6 for $6,000 total. 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 couple that seem site link like a good 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 in the event that you don't have money to invest. .