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In addition, I have other credit cards that earn high percentages of cash back for certain functions. The Chase Freedom card and the Discover It card will earn 5 percent cash back on purchases in specific classes that rotate each month. I really like being able to stand up 5% cash back to things I need to purchase anyway, such as groceries and gasoline. .
Personally, I prefer money back credit cards to travel rewards because I find the points system on a lot 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, see 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 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 the time, but it's an effortless method to make a little additional 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 advisor might be a great 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 will handle the rest.
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Blooom is a robo adviser that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to view Bloooms recommendations. If you decide 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 will lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and automatically 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 make money passively would be to automate the procedure. Acorns is an program that can invest your spare change . When you make a purchase it'll round up to the next dollar and invest the difference. You can even set up automatic recurring investments if youd like to grow your account check out here 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 which meet up advertisers with automobile owners that want to generate some additional money. It might be a back window advertisement, panel, or full wrap. The ad will be removable, will not harm your vehicle, and theyll actually install it for you.
Some of the from this source biggest companies in this industry are:.
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One way to earn some money without a lot of effort would be 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 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 baby things.
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BabyQuip In BabyQuip you can rent all kinds of baby items from cribs to toys to security gates. This can be an ideal side business, especially if youre located in a area that attracts a great deal of tourists and vacationers that might not be able to bring everything out of home.
Getaround and Turo These two sites enable 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 this.
RVshare RVshare allows you to set an RV for rent, which can be a potentially additional reading rewarding side hustle.
Boatsetter and GetMyBoat If you've got a ship which you dont use very often, list it for rent on one of these websites.
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When you've got a spare bedroom in your house you may make some money without too much effort by allowing someone to rent the room. 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 favorite side hustle is to use sites such as:.