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As I mentioned in the introduction to this article, just about any business can be a passive source of income if youre not putting much time into it. Normally, that means hiring people to do the job for you. However, some types of businesses expect a good deal less work than others, and you may not need to put in more than a couple of hours each week.
MobileXpression certainly is not going to make you wealthy, but it can easily get you an extra $50 per year with essentially no attempt. Youll download their program to your smartphone and theyll get access to 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 little 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 to their work. As an investor, you can earn money passively from the investment.
Paribus is a free app 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 lesser price, and if it finds one it can help you to get a refund for the difference.
When the shipments are late, Paribus will help you to get compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get up to 12% returns and are paid each month. I havent personally invested with AHP, but I did a little research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, but 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, that are often used by those who dont have bank accounts. Which may not be of much interest to you. But a side benefit is that in the event you've got a prepaid card card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have several accounts, apparently around 6 for $6,000 total. For a far more detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, pick a couple that look like a good try this website match for you. The sooner you get started with passive income that the sooner youll be making money, and youll have to re-invest. There is 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. .