The Greatest Guide To Passive Income In New Zealand

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As I mentioned in the introduction to this guide, 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 expect 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 wealthy, but it can easily get you an additional $50 per year with basically no attempt. Youll download their app to your smartphone and theyll access some browsing data, which they use for research purposes. Each week youll earn 5 credits.

Youll also get 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 job. As an investor, you can earn money passively from 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 that 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.

If the shipments are late, Paribus can allow you to get compensation for this. .

 

 

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors get around 12 percent returns and are paid every month. I havent personally invested with AHP, but 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 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 look at more info of interest to you. But a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.

You can have several accounts, apparently up to 6 to $6,000 complete. For a far more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

 

 

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After reading through this list, decide on a couple 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 to re-invest. There's definitely some low-hanging fruit on this list that is not difficult to get, even if you don't have money to invest. .

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