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I also have other credit cards that earn high percentages of money back for certain functions. Both the Chase Freedom card and also the Discover It card will earn 5% cash back on purchases in specific classes that rotate every month. I really like being able to stand up 5 percent cash back for things I need to purchase anyway, like 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 love being able to earn points on travel rewards cards. If thats the case for you, visit this page to see an updated listing of the best travel rewards credit cards. .
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Charge card companies arent the only ones who 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's an easy way to produce a little additional money with no work involved. .
Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new clients ).
If you want to put your money to work but youre not comfortable picking and managing the investments , a robo adviser could be a good fit for you. You will find a growing number of companies offering those 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 find 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, adjusted amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisers. Betterment will direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The cost is 0.25% off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to perform the job for you.
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One way to invest and earn money passively would be to automate the process. Acorns is an program which will invest your spare change automatically. 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 youd prefer 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 meet original site up advertisers with automobile owners that want to generate a little additional money. It could be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your vehicle, and theyll really install it for you.
Some of the biggest 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 websites that allow you to list your items for rent, and make it easy for renters to find you. .
Fat Lama At Fat Lama you can rent just about anything from electronics, to sporting goods, to baby things.
Style Lend At Style Lend you can rent womens fashion items, like clothing and accessories. If you have a cupboard full of nice clothing this can be a nice, easy side hustle for you.
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BabyQuip At BabyQuip you can rent all kinds of baby items from cribs to toys to safety gates. This can be an ideal side business, especially if youre situated in a region which attracts a great deal of tourists and vacationers that might not be able to bring everything out of house.
Getaround and Turo These two sites enable you to record your vehicle for rent. Folks can rent out of you rather than going to one of the major chains, and you can make a few thousand dollars per year doing this.
RVshare RVshare allows click resources you to set an RV for rent, which can be a potentially rewarding side hustle.
Boatsetter and GetMyBoat If you've got a ship that you dont use very often, set it for rent on one of these sites.
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If you have a spare bedroom in your home you could make some money without too much effort by allowing someone to rent the room. 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 is to use sites like:.