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I also have other credit cards that earn high percentages of money back for certain purposes. Both the Chase Freedom card and also the Discover It card will earn 5% cash back on purchases in specific classes that rotate each month. I really like being able to stand up 5% cash back for things I need to buy anyway, like groceries and gasoline. .
Personally, I prefer money back credit cards travel rewards since I find the points system on a great deal of travel rewards cards to be confusing. But many people love being able to earn points on travel rewards cards. If thats the case for you, see this page to see 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 provide you a bonus simply for opening a checking account or savings account. Again, this isnt something that youre going to do all the time, but it is an easy method to produce 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 yourself, a robo adviser 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'll 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 see Bloooms recommendations. If you choose to use their support it can cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisers. 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 0.25% off your balance, annually.
In relation to being passive, it doesnt get much more passive than allowing technology to perform the work for you.
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One way to invest and earn money passively would be to automate the process. Acorns is an program that 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 if pop over to these guys youd prefer to develop your account faster. .
If youre looking for a passive side hustle, just about allowing your car to be Utilized as an advertisement
There are a few different companies out there that meet up advertisers with automobile owners who want to make a little additional money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll actually install it to you.
Some of the biggest companies in this industry are:.
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One way to earn some money without a lot of effort is to rent out your stuff to other men and women. There are a lot of possibilities here, and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also several 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 baby items.
Style Lend At Style Lend you can rent womens fashion items, 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 perfect side my blog business, particularly if youre situated in a region which attracts a lot of tourists and vacationers who might not have the ability to bring everything from house.
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 allows you to list an RV for rent, which can be a potentially rewarding side hustle.
Boatsetter and GetMyBoat In case you've got a boat that you dont use very often, set it for rent on one of those sites.
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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 might rent it out nightly. A favorite side hustle would be to use sites like:.