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In addition, I have other credit cards that earn high percentages of money back for certain functions. Both the Chase Freedom card and also the Discover It card may earn 5 percent cash back on purchases in specific categories that rotate every month. I really like being able to stand up 5% cash back to things I need to purchase anyway, like 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 enjoy 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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Charge card companies arent the only ones who 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 the time, but it's an easy method to make a little additional 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 good match for you. There are a growing number of companies offering those 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 find a free analysis of your 401(k) to see Bloooms recommendations. In the event you decide 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 hottest robo advisors. Betterment will lead you through personalized planning based on your personal situation, and then it will make a diversified portfolio and rebalance it. The cost is 0.25% 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 is to automate the procedure. Acorns is an app which will 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 in case youd like to develop your account faster. .
If youre looking for a passive side hustle, just about allowing your car to be used as an advertisement
There are some different companies out there that meet up advertisers with automobile owners who want to make a little extra money. It could be a back window advertisement, panel, or full wrap. The ad will be removable, will not harm your vehicle, 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 much effort is to rent out your stuff to other people. There are a 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 easy for renters to find you. .
Fat Lama In Fat Lama you can rent nearly anything from electronics, to sporting goods, to infant items.
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BabyQuip In BabyQuip you can rent all kinds of baby things 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 enable you to record your vehicle for rent. People can rent out of you rather than going to one of the major chains, and you can produce a few thousand dollars per year doing it.
RVshare RVshare allows you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you have a boat that you dont use very often, list it for rent on one of those sites.
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When you've got check this 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 call home, or you might rent it out nightly. A popular side hustle would be to use sites such as:.