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I also have other credit cards that earn high percentages of money back for certain purposes. Both the Chase Freedom card and also the Discover It card may earn 5% cash back on purchases in particular categories that rotate every month. I love being able to rack up 5 percent cash back for things I need to purchase anyway, such as groceries and gas. .
Personally, I prefer cash back credit cards travel rewards because I find that the points system on a lot of travel rewards cards to be confusing. But many people love being able to earn points on travel rewards cards. If thats the case for you, visit this page to see an updated list of the best travel rewards credit cards. .
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Charge card companies arent the only ones that are willing to pay you to open an account. Some banks will give you a bonus simply for opening a checking account or savings account. Again, this isnt something that youre going to do all of the time, but it's an easy method to produce a little extra money with no work involved. .
If you want to place your money to work but youre not comfortable picking and managing the investments , a robo advisor might be a great fit for you. You will find a growing number of companies offering these solutions. Youll enter some information related to your age, goals, and risk tolerance, and they'll handle the rest.
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Blooom is a robo advisor that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to see Bloooms recommendations. If you decide to use their service it can cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisors. Betterment can direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The price is 0.25percent off your balance, annually.
In relation to being passive, it doesnt get much more passive than allowing technology to perform the job for you.
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One way to invest and earn money passively would be to automate the process. Acorns is an app that will invest your spare change . When you make a purchase it will round up to the next dollar and invest the difference. You can even set up automatic recurring investments in case youd prefer to develop your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be Utilized as an advertisement
There are some different companies out there that meet up advertisers with automobile owners that want to generate a little extra money. It could be a back window advertisement, panel, or full wrap. click here for more info The advertisement will be removable, will not harm your vehicle, and theyll really install it for you.
Some of Get the facts the largest companies in this industry are:.
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One approach to make some money without a lot of effort is to rent your stuff out to other men and women. There are a whole lot of possibilities , and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also several websites that enable you to record your items for rent, and make it effortless for renters to find you. .
Fat Lama At Fat Lama you can rent just about anything from electronics, to sporting goods, important link to baby items.
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BabyQuip In BabyQuip you can rent all kinds of baby items out of cribs to toys to safety gates. This can be an perfect side business, especially if youre situated in a area which attracts a lot of tourists and vacationers that might not have the ability to bring everything out of house.
Getaround and Turo These two sites allow you to list your car for rent. Folks can rent from you rather than going to one of the major chains, and you can make a couple thousand dollars per year doing it.
RVshare RVshare permits you to set an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you've got a boat which you dont use very often, list it for rent on one of those websites.
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When you have a spare bedroom in your house you may make some money without too much effort by allowing someone to rent the space. It might be a local school student, a single person looking for a cheap place to live, or you could rent it out nightly. A favorite side hustle would be to use sites like:.