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As I mentioned in the introduction of this guide, just about any business can be a passive source of income if youre not putting much time into it. Normally, that means hiring people to do the work for you. But some kinds of businesses require a lot less work than others, and you might not need to put in more than a few hours each week.
MobileXpression certainly is not going to make you wealthy, but it can easily get you an extra $50 per year with basically no attempt. Youll download their app 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 receive a bonus when you first sign up. Ive been using it for a little while now and Ive earned several gift cards up to now. .
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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 work. As an investor, you can make money passively in the investment.
Paribus is a free program that will automatically search for refunds which are owed to you. When you make a purchase from a store/website which has a price match guarantee Paribus will search for a lesser cost, and if it finds one it can help you to get a refund for the difference.
When the shipments are late, Paribus will help you to find compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors straight from the source receive up to 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did a little research and found many people who had positive experiences with the investment. Its currently closed for new investors, however there's a anchor wait list available for their next fund.
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Netspend offers pre-paid debit cards, that are often employed by find people who dont have bank accounts. Which might not be of much interest to you. But a side benefit is that if you have a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently up to 6 to $6,000 total. For a much more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .