All about Passive Income In New Zealand - Passive Income Ideas

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 work for you. However, some types of businesses require a good deal less work than others, and you might not need to put in more than just a couple of hours each 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 program to your smartphone and theyll get access to some 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 little while now and Ive earned several gift cards so far. .

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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 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 that are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will search for a lower cost, and if it finds one it can help you to get a refund for the difference.

When the shipments are late, Paribus will allow you to find compensation for it. .

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors get up to 12% returns and are paid every month. I havent personally invested with AHP, but 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 you can try here 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 those who dont browse this site have bank accounts. That may not be of interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.

You can have several 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 like a fantastic fit for you. The sooner you begin with passive income the sooner youll be making money, and youll have to re-invest. There's definitely some low-hanging fruit on this list that is easy to get, even if you don't have money to invest. .