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I also have other credit cards that earn higher percentages of cash back for certain functions. Both the Chase Freedom card and the Discover It card may earn 5% cash back on purchases in specific categories that rotate each month. I love 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 rewards since 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, visit this page to see 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 provide 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's an easy way 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 yourself, a robo advisor might be a great fit for you. You will find a growing number of companies offering these services. 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 choose 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 advisers. Betterment can direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and automatically rebalance it. The cost is 0.25percent 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 have a peek at this website automate the process. Acorns is an program which will invest your spare change . 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 a few different companies out there which meet up advertisers with automobile owners who want to make some additional money. It could be a rear window advertisement, panel, or full wrap. The ad 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 earn some money without much effort is to rent your stuff out to other men and women. There are a lot of possibilities here, and it really depends on what you have, and what you dont mind other people using. Fortunately, there are also several sites that enable 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 baby items.
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BabyQuip In BabyQuip you can rent all kinds of baby items from cribs to toys to safety gates. This can be an perfect side business, particularly if youre situated in a area that attracts a lot of tourists and vacationers who might not have the ability to bring everything out of house.
Getaround and Turo These two sites enable you to list your car for rent. People 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 rewarding side hustle.
Boatsetter and GetMyBoat In case you've got a ship 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 may make some money without too much effort by allowing someone to rent the space. It might be a local school student, a single person looking for a cheap place to call home, or you could rent it out nightly. A popular side hustle is to use sites like:.