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Income tax refund.

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In fact, the average tax refund is around $3,200 per household, according to theIRS.

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But your initial funding could be a few weeks away with your tax refund.

If you want to invest for income, dividend-paying stocks will send you money just for holding them.

But there are ways to invest in real estate without a huge sum of money.

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Platforms like Arrived allow you to invest directly into properties and collect money income from rents paid.

While these are long-term investments, you’re free to generatetruly passive incomeimmediately by investing.

And some accounts are paying up to 4% annual interest right now.

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