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As I mentioned in the introduction of this article, 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 work for you. However, some kinds of businesses expect a lot less work than others, and you may not need to put in more than just a couple of hours per 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 access your browsing information, which they use for research purposes. Every week youll earn 5 credits.
Youll also receive a bonus when you first sign up. Ive been using it for a while now and Ive earned several 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 for their job. As an investor, you can earn money passively in 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 cost, and if it finds one it can her latest blog allow you to have a refund for the difference.
When the shipments are late, Paribus will help you to find compensation for it. .
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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors get up to 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did some research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, however there's a wait list 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, that are often employed by people who dont have bank accounts. Which might not be of interest to you. But a side benefit is that if you have a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have several accounts, apparently around 6 to $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 listing, pick a few that seem like a good fit for you. The sooner you begin with passive income the sooner youll be making money, and youll have more 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. .