Passive Income In New Zealand - Passive Income Ideas for Beginners

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As I mentioned in the introduction of this guide, 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. However, 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 basically no attempt. Youll download their app to your smartphone and theyll get access to your browsing data, 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 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 work. As an investor, you can earn money passively in the investment.

Paribus is a free app that will automatically search for refunds that are owed to you. When you make a purchase from a store/website that has a price match guarantee Paribus will seek out a lesser price, and if it finds one it will help you to have a refund for the difference.

If the shipments are late, Paribus will allow you to get compensation for it. .

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AHP buys desperate 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 men and women who had favorable experiences with the investment. Its currently closed for new investors, but 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 accessible again. .

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Netspend offers prepaid debit cards, which are often employed by those who dont have bank accounts. Which may not be of much interest to you. But a side benefit is that in the event you've got a pre-paid card you can also install an FDIC-insured savings account article with Netspend that pays 5% interest.

You can have several accounts, apparently up to 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. .

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After reading through this list, pick a few that look like a fantastic match for you. The internet 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 not difficult to get, even in the event that you don't have money to invest. .

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