7 Simple Techniques For Passive Income In New Zealand

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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 work for you. But some kinds 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 per week.

MobileXpression certainly is not going to make you rich, but it can easily get you an additional $50 per year with essentially no attempt. Youll download their program to your smartphone and theyll get access to your browsing data, which they use for study 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 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 make money passively in the investment.

Paribus is a free app that will automatically search for refunds that are owed to you. When you make a purchase from a he said store/website which has a price match guarantee Paribus will seek out a lower cost, and if it finds one it will allow you to have 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 desperate mortgages to prevent foreclosure, using investor money. Investors get up to 12 percent returns and are paid each 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 wait list readily available for their next fund.

 

 

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I signed up to the wait list and plan to invest a small amount when it becomes accessible again. .

 

 

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Netspend delivers pre-paid debit cards, that are often used by those who dont have bank accounts. Which might not be of much interest to you. However, a side benefit is that if 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 complete. For a much more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

 

 

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After reading through this list, pick a couple that look like a good match for you. The sooner you get started with passive income that the sooner youll be making money, and youll have more to re-invest. There's definitely some low-hanging fruit on this list that's not difficult to get, even if you don't have money to invest. .

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