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As I mentioned in the introduction of this guide, 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. But some kinds 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 per week.

MobileXpression certainly is not going to make you rich, but it can easily get you an extra $50 per year with essentially no effort. Youll download their program to your smartphone and theyll get access to some browsing data, which they use for study purposes. Each 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 a few 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 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 which has a price match guarantee Paribus will search for a lesser price, and if it finds one it can allow you to get a refund for the difference.

When the shipments are late, Paribus can allow you find out here to find compensation for it. .

 

 

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AHP get redirected here buys distressed mortgages to prevent foreclosure, using investor money. Investors receive around 12 percent returns and are paid every month. I havent personally invested with AHP, but I did some 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, which are often employed by people who dont have bank accounts. Which might not be of interest to you. However, a side benefit is Website 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 can have several accounts, apparently up to 6 for $6,000 total. For a far more detailed 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 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 to re-invest. There is definitely some low-hanging fruit on this list that's easy to get, even if you don't have money to invest. .

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