All About Passive Income 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 job for you. But some types 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 extra $50 per year with essentially no attempt. Youll download their app to your smartphone and theyll get access to your browsing data, which they use for research purposes. Each 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 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 make 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 which has a price match guarantee Paribus will seek out a lesser cost, 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. click this link .



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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 that I did a little research and found many people who had favorable experiences with the investment. Its currently closed for new investors, however there is 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 pre-paid debit cards, which are often used by people who dont have bank accounts. That might not be of interest to you. However, a side benefit is that if you've got a pre-paid card you can also set up an FDIC-insured savings account with Netspend that pays 5 percent interest.

You can have several accounts, apparently around 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 listing, pick a couple that seem like a good match for you. The sooner you get started 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 is not difficult to get, even in the event that you don't have money to invest. .

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