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As I mentioned in the introduction of this article, just about 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 work for you. However, some kinds of businesses expect a good deal less work than others, and you might not need to put in more than just a few hours per week.
MobileXpression certainly is not going to make you rich, 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 data, 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 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 to their job. As an investor, you can make money passively in the investment.
Paribus is a free program 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 search for a lower price, and if it finds one it will help you to get a refund for the difference.
If the shipments are late, Paribus will help you to find compensation for this. .
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AHP buys desperate 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 that I did some research and found many men Source and women who had favorable experiences with the investment. Its currently closed for new investors, but there's these details 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 accessible again. .
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Netspend delivers pre-paid debit cards, which are often used by people who dont have bank accounts. Which might not be of much interest to you. However, a side benefit is that in the event you have a prepaid card card you can also install an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently up to 6 to $6,000 total. For a much more thorough 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 fit for you. The sooner you begin with passive income the sooner youll be making money, and youll have to re-invest. There's 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. .