The Only Guide for Passive Income Ideas In New Zealand

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As I mentioned in the introduction to this guide, just about 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 types of businesses require a good deal less work than others, and you might not need to put in more than just a few hours per 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 get access to some browsing information, which they use for study purposes. Every 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 a few gift cards up to now. .

 

 

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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 job. As an investor, you can earn money passively in the investment.

Paribus is a free app that will automatically hunt 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 lower price, and if it finds one it will help you to get a refund for the difference.

If the shipments are late, 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 around 12% returns and are paid each month. I havent personally invested with AHP, but I did a little research and found many people who had favorable 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 delivers pre-paid debit cards, which are often used by those who dont have bank accounts. That might not be of much interest to you. However, a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account with Netspend that pays 5% interest.

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

 

 

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After reading through this list, pick a few that look like a good fit for you. The sooner you get started with passive income that 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. .

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