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As I mentioned in the introduction to this guide, 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 job for you. But some types of businesses expect a good deal 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 wealthy, but it can easily get you an extra $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 research purposes. Every 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 several 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 job. As an investor, you can make money passively in 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 allow you to have a refund for the difference.
When the shipments are overdue, Paribus can allow you to find compensation for it. .
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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive around 12% returns and are paid every month. I havent personally click site invested with AHP, but that I did some research and found many people who had positive experiences with the investment. Its currently closed for new investors, however there is a wait list available for their next fund.
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Netspend delivers prepaid debit cards, that are often used by those who dont have bank accounts. That may not be of much interest to you. However, a side benefit is that in the event you have a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.
You can have multiple accounts, apparently around 6 to $6,000 total. For a far more detailed look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .