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In addition, I have other credit cards that earn high percentages of cash back for certain purposes. The Chase Freedom card and also the Discover It card may earn 5 percent cash back on purchases in specific categories that rotate each month. I love being able to rack up 5 percent cash back to things I need to buy anyway, such as groceries and gasoline. .
Personally, I prefer cash back credit cards travel benefits because I find that the points system on a lot of travel rewards cards to be confusing. But many men and women enjoy being able to earn points on travel rewards cards. If thats the case for you, see 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 who are willing to pay you to open an account. Some banks will give 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 is an easy method to produce a small amount of extra money with no work involved. .
If you want to put your money to operate but youre not comfortable picking and managing the investments yourself, 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 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 get a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their service it can cost you $10 a month, fixed amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisors. Betterment will lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The price is directory 0.25% off your balance, annually.
In terms of 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 is to automate the process. Acorns is an program that can invest your spare change automatically. When you make a purchase it'll round up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd prefer to grow your account faster. .
If youre page looking for a passive side hustle, just about allowing your car to be Utilized as an advertisement
There are some different companies out there which meet up advertisers with car owners who want to make some extra money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your car, and theyll really install it for you.
Some of the largest companies in this industry are:.
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One approach to earn some money without much effort is to rent out your stuff to other men and women. 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 sites that enable 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 things out of cribs to toys to safety gates. This can be an ideal side business, particularly if youre situated in a region which attracts a great deal of tourists and vacationers who might not be able to bring everything from home.
Getaround and Turo These two sites enable you to record your vehicle for rent. Folks can rent out of you rather than going to one of the major chains, and you can make a couple thousand dollars per year doing this.
RVshare RVshare allows you to list an RV for rent, which can be a potentially rewarding side hustle.
Boatsetter and GetMyBoat In case you've got a ship which you dont use very often, list it for rent on one of those sites.
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If you've got a spare bedroom in your home you could 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 could rent it out nightly. A popular side hustle would be to use websites such as:.