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In addition, I have other credit cards that earn higher percentages of cash back for certain purposes. The Chase Freedom card and the Discover It card will earn 5 percent cash back on purchases in particular classes that rotate every month. I love being able to stand up 5 percent cash back for things I need to purchase anyway, such as groceries and gas. .
Personally, I prefer money back credit cards to travel benefits since I find 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 that are willing to pay you to open an account. Some banks will give you a bonus only for opening a checking account or savings account. Again, this isnt something that youre going to do all the time, but it is an effortless method to make a small amount of additional money with no work involved. .
Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new customers).
If you want to put your money to work but youre not comfortable picking and managing the investments , a robo advisor could be a good fit for you. There are a growing number of companies offering these 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. 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 direct you through personalized planning based on your personal situation, and then it will make a diversified portfolio and automatically rebalance it. The price is 0.25percent off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to do the work 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 . 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 grow your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be Utilized as an advertisement
There are a few different companies out there which match up click here to find out more advertisers with automobile owners who want to generate 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 really install it to you.
Some of the biggest 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 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 things.
Style read the full info here Lend At Style Lend you can rent womens fashion products, like clothing and accessories. In case you've got a cupboard full of nice clothing this can be a nice, simple side hustle for you.
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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 region which attracts a lot of tourists and vacationers who may not have the ability to bring everything out of home.
Getaround and Turo These two sites allow you to record your vehicle for rent. Folks can rent from you rather than going to one of the major chains, and you can make a few thousand dollars per year doing it.
RVshare RVshare permits you to set an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat If you've got a ship that you dont use very often, set it for rent on one of those sites.
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When you have a spare bedroom in your house you could make some money without too much effort by allowing someone to rent the space. 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 would be to use sites such as:.