All About Passive Income In New Zealand

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As I mentioned in the introduction to 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. However, some kinds of businesses require a lot less work than others, and you may not need to put in more than just a couple of hours per week.

MobileXpression certainly is not going to make you wealthy, but it can easily get you an extra $50 per year with essentially no attempt. Youll download their program to your smartphone and theyll access some 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 while now and Ive earned a few gift cards so far. .



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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 earn money passively in the investment.

Paribus is a free app that will automatically search for refunds that are owed to you. When why not try these out you make a purchase from a store/website that has a price match guarantee Paribus will seek out a lesser price, and if it finds one it will allow you to get a refund for the difference.

If the shipments are overdue, Paribus can allow you to get 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 each month. I havent personally invested with AHP, but that I did some research and found many men and women who had favorable experiences with the investment. Its currently closed for new investors, but there is a wait list 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 available again. .



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Netspend offers prepaid debit cards, that are often used by people who dont have bank accounts. That may not be of much interest to you. But a side benefit is that in the event you've got a pre-paid card you can also set up an FDIC-insured savings account with Netspend that pays 5 percent interest.

You can have several accounts, apparently around 6 to $6,000 total. For a much more detailed look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .



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

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