Passive Income Ideas In New Zealand Things To Know Before You Buy

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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 work for you. But 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 per week.

MobileXpression certainly is not going to make you wealthy, but it can easily get you an additional $50 per year with essentially no attempt. Youll download their app to your smartphone and theyll get access to some browsing information, which they use for study purposes. Each week youll earn 5 credits.

Youll also receive a bonus when you first sign up. Ive been using it for a little while now and Ive earned several 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 for their job. As an investor, you can earn money passively in the investment.

Paribus is a free program that will automatically hunt for refunds which are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will seek out a lesser price, and if it finds one it will help you to get a refund for the difference.

If the shipments are late, Paribus will allow you to find compensation for this. .

 

 

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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get around 12% returns and are paid each month. I havent personally invested with AHP, but I did some research and found many men and women who had favorable experiences with the investment. Its currently closed for new investors, but there is a wait list available for their next fund.

 

 

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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 prepaid debit cards, that are often used by people who dont have bank accounts. That may not be of interest to you. But a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account with you can try this out Netspend that pays 5 percent interest.

You can have multiple accounts, apparently around 6 for $6,000 complete. For a far more detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

 

 

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After reading through this list, pick a few that look like a good match for you. The sooner you get started with passive income that 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 in the event that you don't have money to invest. .

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