Some Ideas on Passive Income In New Zealand You Should Know

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. Normally, that means hiring people to do the job for you. However, some kinds of businesses require a lot less work than others, and you may 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 additional $50 per year with essentially no attempt. Youll download their program to your smartphone and theyll access your browsing information, 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. .

The Ultimate Guide To Passive Income In New Zealand

Royalty Exchange is a marketplace 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 from 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 that has a price match guarantee Paribus will seek out a lesser price, and if it finds one it will allow you to get a refund for the difference.

When the shipments are late, Paribus will allow you to find compensation for this. .

Passive Income Ideas In New Zealand for Dummies

AHP buys distressed mortgages to prevent foreclosure, using investor money. Investors get up to 12% returns and are paid each month. I havent personally invested with AHP, but that I did some research and found many people who had favorable experiences with the investment. Its currently closed for new investors, however there's a wait list available for their next fund.

I signed up to the wait list and plan to invest a small amount pop over here when it becomes available again. .

6 Easy Facts About Passive Income In New Zealand - Passive Income Ideas Described

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

You can have several accounts, apparently around 6 for $6,000 complete. For a far more detailed look at this, please see my review here How Im Getting 5% Interest on FDIC-Insured Savings Accounts. .

After reading through this list, decide on a few that look like a fantastic fit 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 easy to get, even in the event that you don't have money to invest. .