Passive Income In New Zealand for Beginners
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. Normally, 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 may not need to put in more than just a couple of hours each week.
MobileXpression certainly is not going to make you rich, 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. Each 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 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 to their work. As an investor, you can make money passively from the investment.
Paribus is a free app that will automatically search for refunds which are owed to you. When you make a purchase from a store/website that has a price match guarantee Paribus will seek out a lesser cost, and if it finds one it can help you to get a refund for the difference.
If the shipments are late, Paribus will help you to get compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive up to 12 percent returns and are paid each 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, however there is a wait list available for their next fund.
The Ultimate Guide To Passive Income Ideas In New Zealand
Netspend offers pre-paid debit cards, which are often employed 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 with Netspend that pays 5% interest.
You have a peek at this website can have multiple accounts, apparently up to 6 for $6,000 total. For a much more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .