Passive Income In New Zealand Things To Know Before You Get This

As I mentioned in the introduction to this article, any business can be a passive source of income when youre not putting much time into it. Usually, 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 may 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 basically no effort. Youll download their program to your smartphone and theyll get access to your 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 several 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 to their work. As an investor, you can make money passively in 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 price, and if it finds one it can allow you to have a refund for the difference.

If the shipments are late, Paribus will help official website you to find 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 every 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 available for their next fund.

I signed up to the wait list and plan to invest a small amount when it becomes accessible again. .

Passive Income Ideas In New Zealand Things To Know Before You Get This

Netspend offers prepaid debit cards, that are often employed by those who dont have bank accounts. Which may not be of much interest to you. However, a side benefit is that if you have a prepaid card card you can also install an FDIC-insured savings account together with Netspend that pays 5 percent interest.

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

After reading through this list, pick a couple that seem like a good fit for you. The sooner you begin with passive income the sooner youll be making money, and youll have more to re-invest. There's definitely some low-hanging fruit on this list that's easy to get, even if you don't have money to invest. .