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As I mentioned in the introduction to this article, 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. However, some types of businesses expect a lot less work than others, and you might not need to put in more than just a couple of hours each week.
MobileXpression certainly is not going to make you wealthy, but it can easily get you an additional $50 per year with essentially 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 get a bonus when you first sign up. Ive been using it for a while now and Ive earned several 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 for their work. As an investor, you can earn money passively from 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 store/website which has a price match guarantee Paribus will search for a lower cost, and if it finds one it can help you to have a refund for the difference.
When the shipments are overdue, Paribus can allow you to get compensation for it. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors receive 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's a wait list readily available for their next fund.
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Netspend delivers pre-paid debit cards, that are often used by those who dont have bank accounts. That might not be of much interest to you. But a side benefit is that if try these out you've got a prepaid card card you can also install an FDIC-insured savings account with Netspend that pays 5% interest.
You can have several accounts, apparently around 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. .