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In addition, I have other credit cards that earn higher percentages of money back for certain functions. Both the Chase Freedom card and the Discover It card will earn 5 percent cash back on purchases in specific classes that rotate every month. I love being able to stand up 5% cash back for things I need to purchase anyway, such as groceries and gas. .
Personally, I prefer money back credit cards to travel benefits because I find the points system on a great deal 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 list of the best travel rewards credit cards. .
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Credit 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 the time, but it's an easy method to make a small amount of additional money with no work involved. .
Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new clients ).
If you want to place your money to work but youre not comfortable picking and managing the investments yourself, a robo adviser might be a great fit for you. There are a growing number of companies offering those solutions. 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 view Bloooms recommendations. In the event you choose to use their service it will cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisors. Betterment will direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The price is 0.25% off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to do the job for you.
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One way to invest and earn money passively would be to automate the process. pop over here Acorns is an app that can 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 like to grow your account quicker. .
If youre looking for a passive side hustle, just about allowing your car to be Utilized as an advertisement
There are a few different companies out there that meet up advertisers with car owners who want to generate a little additional money. It could be a rear window advertisement, panel, or full wrap. The ad will be removable, will not harm your car, and theyll actually install it to you.
Some of the biggest 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 people. There are a whole 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 a number of websites that enable you to list your items for rent, and make it easy for renters to find you. .
Fat Lama At Fat Lama you can rent nearly anything from electronics, to sporting goods, to infant things.
Style Lend At Style Lend you can rent womens fashion products, like clothing and accessories. If you've got a closet full of nice clothing this can be a nice, easy side hustle for you.
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BabyQuip In BabyQuip you can rent all kinds of baby things out of cribs to toys to security gates. This can be an perfect side business, especially if youre located in a area that attracts a lot of tourists and vacationers that may not have the ability to bring everything out of house.
Getaround and Turo These two sites allow you to list your car for rent. People can rent from you rather than going to one of the major chains, and you can make a couple 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 have a boat that you dont use very often, set it for rent on one of these sites.
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If 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 college student, a single person looking for a cheap place to live, or you might rent it out nightly. A favorite side hustle is to use sites like:.