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As I mentioned in the introduction of 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 work for you. But some kinds of businesses require a good deal less work than others, and you may not need to put in more than a few hours each week.
MobileXpression certainly is not going to make you rich, but it can easily get you an additional $50 per year with basically no effort. Youll download their program 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 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 marketplace where you can invest in royalties. Artists and musicians can raise money by selling the royalties to their job. As an investor, you can earn 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 seek out a lower price, and if it finds one it will help you to get a refund for the difference.
When the shipments are overdue, Paribus can allow you to get compensation for it. .
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AHP buys distressed 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 some research and found many people who had positive experiences with the investment. Its currently closed for new investors, but 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 available again. .
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Netspend delivers pre-paid debit cards, which are often used by people who dont have bank accounts. That may not be of much interest to you. However, a side benefit is that if you've got a prepaid card card you can also install an FDIC-insured savings account 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. .
After reading through this list, pick a couple that look learn the facts here now like a good match for you. The sooner you begin with passive income that the sooner youll be making money, and youll have 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. .