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In addition, I have other credit cards that earn higher percentages of money back for certain functions. The Chase Freedom card and also the Discover It card may earn 5 percent cash back on purchases in particular classes that rotate each month. I love being able to stand up 5 percent cash back for things I need to purchase anyway, such as groceries and gasoline. .
Personally, I prefer cash back credit cards to travel rewards because I find that the points system on a great deal 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, visit this page to find an updated listing 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 provide 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 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 adviser might be a good match 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'll 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 decide to use their service it can cost you $10 per month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisers. Betterment will lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The cost is 0.25% off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to perform the work for you.
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One way to invest and make money passively would be to automate the procedure. Acorns is an app which can invest your spare change . 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 in helpful hints 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 some different companies out there that match up advertisers with automobile owners that want to generate some additional money. It could be a back window advertisement, panel, or full wrap. The ad will be removable, will not damage your vehicle, and theyll really install it to you.
Some of the biggest companies in this industry are:.
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One way to earn some money without a lot of effort is to rent your stuff out to other people. There are a whole lot of possibilities , and it really depends on what you have, and what you dont mind others using. Fortunately, there are also a number of sites that allow you to list 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, to baby things.
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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to security gates. This can be an perfect side business, particularly if youre situated in a area which attracts a lot of tourists and vacationers that may not be able to bring everything from house.
Getaround and Turo These two sites allow you to record your car for rent. Folks can rent out of you rather than going to one of the significant chains, and you can produce a few thousand dollars per year doing it.
RVshare RVshare allows 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, set it for rent on one of those websites.
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If you've got a spare bedroom in your house you could make some money without too much effort by allowing someone to rent the room. It could be a local school student, a single person looking for a cheap place to live, or you might rent it out nightly. A popular side hustle is to use websites like:.