A Biased View of Passive Income Ideas In New Zealand
As I mentioned in the introduction to this article, 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 expect a lot 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 extra $50 per year with essentially no attempt. Youll download their program to your smartphone and theyll access some browsing data, which they use for study purposes. Each week youll earn 5 credits.
Youll also receive a bonus when you first sign up. Ive been using it for a while now and Ive earned several gift cards so far. .
The Ultimate Guide To Passive Income In New Zealand - Passive Income Ideas
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 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 which has a price match guarantee Paribus will search for a lower price, and if it finds one it can allow Web Site you to get a refund for the difference.
If the shipments are overdue, Paribus can allow you to get compensation for this. .
The Ultimate Guide To Passive Income Ideas In New Zealand
AHP buys distressed 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 I did a little research and found many people who had positive experiences with the investment. Its currently closed for new investors, but there is a wait link 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 In New Zealand - Passive Income Ideas Things To Know Before You Buy
Netspend delivers prepaid debit cards, that are often used by those who dont have bank accounts. That might not be of interest to you. However, a side benefit is that in the event you have a prepaid card card you can also install an FDIC-insured savings account with Netspend that pays 5 percent interest.
You can have several accounts, apparently around 6 to my response $6,000 total. For a much more thorough look at this, please see How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .
After reading through this list, decide on a couple that seem like a fantastic fit for you. The sooner you begin with passive income that 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. .