All about Passive Income In New Zealand

As I mentioned in the introduction to this guide, any business can be a passive source of income if youre not putting much time into it. Usually, that means hiring people to do the work for you. However, some types of businesses require a good deal less work than others, and you may not need to put in more than just 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 attempt. Youll download their app to your smartphone and theyll access your browsing information, 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 little 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 job. As an investor, you can earn money passively from the investment.

Paribus is a free app that will automatically search 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 lesser price, and if it finds one it can help you to my explanation get a refund for the difference.

If the shipments are overdue, Paribus will help 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 percent returns and are paid each month. I havent personally invested with AHP, but that I Get More Information 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 additional reading signed up to the wait list and plan to invest a small amount when it becomes accessible again. .

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Netspend offers prepaid debit cards, which are often used by those who dont have bank accounts. Which might not be of much interest to you. However, a side benefit is that if you have a prepaid card card you can also set up an FDIC-insured savings account with Netspend that pays 5% interest.

You can have multiple accounts, apparently up to 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. .

After reading through this listing, pick a few that seem like a fantastic fit for you. The sooner you get started with passive income the sooner youll be making money, and youll have more to re-invest. There is definitely some low-hanging fruit on this list that's easy to get, even if you don't have money to invest. .