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As I mentioned in the introduction of this guide, 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 lot 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 rich, but it can easily get you an extra $50 per year with essentially no attempt. Youll download their app to your smartphone and theyll get access to some browsing data, which they use for study 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 make money passively in 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 that has a price match guarantee Paribus will search for a lesser price, and if it finds one it can allow you to get a refund for the difference.
When the shipments are late, Paribus can help you to get compensation for it. .
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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive up to 12% returns and are paid each month. I havent personally invested with AHP, but that I did a little research and found many people who had positive experiences with the investment. Its currently closed for new investors, however there is 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 delivers pre-paid debit cards, which are often used by people who dont have bank click this link accounts. That might not be of interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also set up an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently around 6 to $6,000 total. For a much more detailed look at this, please see How Im Getting 5% Interest Learn More Here on FDIC-Insured Savings Accounts. .
After reading through this listing, decide on a couple that seem like a fantastic match for you. The sooner you begin with passive income that the sooner youll be making money, and youll have to re-invest. There's definitely some low-hanging fruit on this list that is not difficult to get, even if you don't have money to invest. .