The 7-Minute Rule for Passive Income Ideas In New Zealand

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As I mentioned in the introduction of this guide, 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 job for you. However, some types of businesses expect a good deal less work than others, and you might not need to put in more than a few 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 effort. Youll download their app to your smartphone and theyll get access to your 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 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 for their work. As an investor, you can earn money passively from the investment.

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

If the shipments are late, Paribus will help you to get compensation for this. .

 

 

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive up to 12% returns and are paid every month. I havent personally invested with AHP, but I did a little research and found many men and women who had favorable experiences with the investment. Its currently closed for new investors, however there is a wait list readily 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 accessible again. .

 

 

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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 much interest to you. But a side benefit is that if you've got a prepaid card card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.

You can have multiple accounts, apparently up to 6 for $6,000 total. For a much 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 listing, pick a couple that look like a good match for you. The sooner you begin 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 not difficult to get, even in the event that you don't have money to invest. .

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