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As I mentioned in the introduction to 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 job for you. However, some kinds of businesses expect a lot less work than others, and you might 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 additional $50 per year with essentially no effort. Youll download their app to your smartphone and theyll get access to your 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 so far. .
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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 work. As an investor, you can make money passively from 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 cost, and if it finds one it can help you to get a refund for the difference.
If the shipments are overdue, Paribus can help you to find compensation for it. .
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AHP buys distressed 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 is 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 accessible again. .
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Netspend delivers prepaid debit cards, which 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 original site the event you've got a pre-paid card you can also install an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have several accounts, apparently up to 6 to $6,000 complete. For a far more detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, decide on a few that seem like a fantastic fit for you. The sooner you begin with passive income 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 not difficult to get, even if you don't have money to invest. .