Passive Income Ideas In New Zealand for Beginners

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As I mentioned in the introduction of this article, 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. But some kinds of businesses require a good deal less work than others, and you might not need to put in more than a couple of hours each week.

MobileXpression certainly is not going to make you rich, but it can easily get you an extra $50 per year with basically no attempt. Youll download their program to your smartphone and theyll get access to some browsing data, which they use for study 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 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 to their job. As an investor, you can make money passively in the investment.

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

When the shipments are overdue, Paribus can allow you to get compensation for it. .

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AHP buys desperate mortgages to prevent foreclosure, using investor money. Investors receive 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, but there is a wait list readily 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 delivers pre-paid debit cards, which are often employed by those who dont have bank accounts. Which might not be of interest to you. However, a side benefit is that if you have a pre-paid card you can also set up an FDIC-insured savings account together with Netspend that pays 5 percent interest.

You can have several accounts, apparently up to 6 to $6,000 total. For a much more thorough look at this, please visit How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

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After reading through this list, pick a couple that seem like a fantastic fit for you. The sooner you get started 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. .

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