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I also have other credit cards that earn high percentages of cash back for certain functions. The Chase Freedom card and the Discover It card may earn 5% cash back on purchases in specific categories that rotate each month. I really like being able to rack 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 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 listing of the best travel rewards credit cards. .
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Credit card companies arent the only ones who are willing to pay you to open an account. Some banks will provide you a bonus only 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 way to produce a little extra money with no work involved. .
If you want to put your money to work but youre not comfortable picking and managing the investments , a robo advisor might be a great fit 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 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 view Bloooms recommendations. If you choose to use their support it will cost you $10 per month, fixed amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisors. Betterment can 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 0.25% off your balance, annually.
In relation to 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 procedure. Acorns is an program that will 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 develop your account faster. .
If youre looking for a discover this passive side hustle, just about allowing your car to be used 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 back 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 much 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 other people using. Fortunately, there are also several sites that allow you to record your items for rent, and make it easy for renters to find you. .
Fat Lama In 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 items out of cribs to toys to security gates. This can be an ideal side business, especially if youre located in a region which attracts a anchor great deal of tourists and vacationers who might not be able to bring everything out of home.
Getaround and Turo These two sites allow you to list your vehicle for rent. Folks can rent from you rather than going to one of the significant chains, and you can produce a few thousand dollars per year doing it.
RVshare RVshare permits you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you have a ship which you dont use very often, list it for rent on one of those websites.
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When you have a spare bedroom in your home you may make some money without too much effort by allowing someone to rent the space. It might be a local college student, page a single person looking for a cheap place to call home, or you might rent it out nightly. A favorite side hustle is to use websites such as:.