The Only Guide for Passive Income In New Zealand - Passive Income Ideas

As I mentioned in the introduction to this guide, just about any business can be a passive source of income if youre not putting much time into it. Normally, that means hiring people to do the work for you. However, some kinds of businesses require a lot less work than others, and you might not need to put in more than just a couple of 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 effort. Youll download their app to your smartphone and theyll access some 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 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 to their work. As an investor, you can earn money passively from the investment.

Paribus is a free program that will automatically search 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 cost, and if it finds one it will allow you to get a refund for the difference.

When the shipments are overdue, Paribus will allow you to find compensation for it. .

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive up to 12 percent returns and are paid every month. I havent personally invested with AHP, but I did some research and found many men and women who had positive experiences with the investment. Its currently closed for new investors, however there is 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. .

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Netspend delivers prepaid debit cards, which are often employed by people who dont have bank accounts. That may not be of interest to you. But a side benefit is that in the event you have a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5% interest.

You can have multiple accounts, apparently around 6 to $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, pick a couple that seem find more info like a fantastic match for you. The sooner you begin 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 not difficult to get, even if you don't have money to invest. .