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As I mentioned in the introduction to this guide, 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 job for you. But some types of businesses require a good deal 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 effort. Youll download their app to your smartphone and theyll access your browsing information, 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 a few 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 for their work. As an investor, you can earn money passively in 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 seek out a lesser price, and if it finds one it can allow discover this you to get a refund for the difference.
When the shipments are overdue, Paribus can help you to find compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get up to 12 percent returns and are paid every month. I havent personally invested with AHP, but that I did some research and found many people who had favorable experiences with the investment. Its currently closed for new investors, but there's a wait list available for their next fund.
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Netspend offers prepaid debit cards, which are often used by those who dont have bank accounts. Which may not be of interest to you. But a side benefit is that if you've got a prepaid card card you can also set up an FDIC-insured savings account together with Netspend that pays 5 percent interest.
You can have multiple accounts, apparently up to 6 for $6,000 complete. For a much more detailed look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .