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In addition, I have other credit cards that earn high percentages of money back for certain purposes. Both the Chase Freedom card and the Discover It card may earn 5 percent cash back on purchases in particular categories that rotate every month. I really like being able to stand up 5 percent cash back to things I need to buy 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 men and women love being able to earn points on travel rewards cards. If thats the case for you, visit this page to find an updated listing 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 provide you a bonus simply for opening a checking or savings account. Again, this isnt something that youre going to do all of the time, but it's an effortless way to produce a little extra money with no work involved. .
If you want to put your money to operate but youre not comfortable picking and managing the investments , a robo adviser could be a great fit for you. There are a growing number of companies offering those services. Youll enter some information linked to your age, goals, and risk tolerance, and they will handle the rest.
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Blooom is a robo advisor that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their support it will cost you $10 per month, adjusted amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisers. Betterment will lead you through personalized planning based on your personal situation, and then it will make a diversified portfolio and automatically rebalance it. The price is 0.25percent off your balance, annually.
In relation to being passive, it doesnt get much more passive than browse around this site allowing technology to perform the work for you.
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One way to invest and earn money passively is to automate the procedure. Acorns is an app which can invest your spare change automatically. When you make a purchase it will round up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd like to grow your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be used as an advertisement
There are a few different companies out there which match up advertisers with car owners who want to make a little additional money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your car, and theyll actually install it to you.
Some of the largest companies in this industry are:.
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One way to make some money without a lot of effort is to rent your stuff out to other people. There are a lot of possibilities here, and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also several sites that allow you to list your items for rent, and make it effortless for renters to find you. .
Fat Lama In Fat Lama you can rent just about anything from electronics, to sporting goods, to infant items.
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BabyQuip At BabyQuip you can rent all kinds of baby items out of cribs to toys to safety gates. This can be an ideal side business, especially if youre located in a area that attracts a great deal of tourists and vacationers who might not be able to bring everything from home.
Getaround and Turo These two sites allow you to record your car for click resources rent. People can rent from you rather than going to one of the major chains, and you can make a few thousand dollars per year doing this.
RVshare RVshare permits you to set an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat If you've got a boat which you dont use very often, set it for Your Domain Name rent on one of these websites.
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When you've got a spare bedroom in your home you could make some money without too much effort by allowing someone to rent the room. It might be a local college student, a single person looking for a cheap place to live, or you could rent it out nightly. A favorite side hustle is to use sites like:.