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As I mentioned in the introduction to 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 types 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 attempt. Youll download their app to your smartphone and theyll access your browsing data, 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 little while now and Ive earned a few 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 to their work. 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 lower cost, and if it finds one it can allow you to get a refund for the difference.
If the shipments are overdue, Paribus will help you to find compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive around 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 readily available for their next fund.
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Netspend offers pre-paid debit cards, which are often employed by those who dont have bank accounts. Which might not be of much interest to you. But a side benefit is that if you've got a prepaid card card you can also install an FDIC-insured savings account with see this Netspend that pays 5 percent interest.
You can have several accounts, apparently around 6 to $6,000 complete. For a much more detailed look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .