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As I mentioned in the introduction of this guide, just about 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 job for you. But some types of businesses require a lot 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 basically no attempt. Youll download their app to your smartphone and theyll access some browsing information, which they use for research purposes. Each week youll earn 5 credits.
Youll also get a bonus when you first sign up. Ive been using it for a 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 for their job. As an investor, you can make money passively in the investment.
Paribus is a free program that will automatically search for refunds which 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 can help you to find compensation for it. .
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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 I did a little research and found many people 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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Netspend delivers pre-paid debit cards, that are often employed by those who dont have bank accounts. Which may not be of interest to you. However, a side benefit is that in the event you have a pre-paid card you can also install an FDIC-insured click this link savings account with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently around 6 to $6,000 complete. For a far more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .