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As I mentioned in the introduction of 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. However, some kinds of businesses expect a lot less work than others, and you might not need to put in more than a few hours each 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 your browsing data, which they use for research purposes. Every 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 market 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 from the investment.
Paribus is a free app that will automatically hunt 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 lesser cost, and if it finds one it can allow you to have a refund for the difference.
When the shipments are late, Paribus will help you to get compensation for this. .
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AHP buys distressed mortgages to prevent foreclosure, using investor money. additional reading Investors get up to 12% returns and are paid every month. I havent personally invested with AHP, but I did some research and found many people who had favorable experiences with the investment. Its currently closed for new investors, but there's a wait list readily available for their next fund.
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Netspend delivers prepaid debit cards, that are often employed by those who dont have bank accounts. Which may not be of interest to you. But a side benefit is that in the event you've got 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 up to 6 for $6,000 total. For a much more detailed look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .