Residual Income Business Opportunities
How many of you do your 9-5 job with ardor and devotion? Even if you do, won't it be nice if I say there are many ways to earn some residual income? This residual income would take care of some of the bills, every month. Of late, people are interested in discovering ways to earn some extra bugs by putting in minimal efforts. To put it, I would say, this residual income is some excellent ways to earn extra money on a regular basis. You do this when you are out of your normal working hours. Come on, let find out some awesome ways to earn quick money that would fetch you income even when you sleep! Invest your brain, not money! 1. ATM Business: In the USA, there are lots of ATM machines, even in the places you think wouldn't be one there. You can see lots of them in the nearest malls or even in storefronts. There are 4,25,000 machines and even surprising is, more than banks, private individuals own most of them! Even you or I can own one. So, what are you waiting for? It is a lucrative way to earn regular money with the very less initial investment. Choose a prime location where people flock, and where they are in dire need of a cash machine! 2. Peer to peer lending: If you have some extra bucks, why don't you lend it to someone needy? There are many P2P lending platforms that help you to earn passive income with small investment and at least risk. If you look at the growth rate of these lending platforms, they have earned an income of 3.8 billion dollars, last year. Even though they are unsecured loans, the delinquency rate is very low. There are many safety measures like loans backed by luxury items to reduce the delinquency rate. Of late, there are so many P2P websites like Upstart, Funding circle, lending club, prosper marketplace, circle back lending, that help the people to stay financially fit. 3. High yield savings account: Are you bored of the peanuts the banks pay as interest? Then, I have a piece of good news for you! The same brick and mortar banks have come up with an awesome high yield savings account. This will fetch you more than normal returns on your savings account! These are accounts that the Federal Deposit Insurance Corporation or NCUA ensure the amount you deposit. The difference why the same lousy nickel has started yielding high returns is the compounding effect of the returns. The interest starts to earn extra interest which can be termed as a snowballing effect, thus earning a better income 5 to 10 years down the line. This is a secure way of earning some quick money! 4. Get paid for your photo earn some money: This is an awesome way to earn some passive income. If you are adept in taking snapshots, send some of them to the providers of high-quality images like Shutterstock. If they approve your photos, you can earn some license money sitting at home! 5. Buy a laundry facility: You can buy some existing laundry facility and let someone handle the business for you. Never think of starting a new one. It is pretty risky and expensive! These are some of the awesome safe ways to earn some extra money fast!