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In addition, I have other credit cards that earn higher percentages of cash back for certain purposes. Both the Chase Freedom card and the Discover It card may earn 5% cash back on purchases in specific categories that rotate every month. I love being able to rack up 5% cash back for things I need to buy anyway, like groceries and gas. .
Personally, I prefer money back credit cards travel rewards since I find that the points system on a great deal 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, see 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 provide you a bonus only for opening a checking account or savings account. Again, this isnt something that youre going to do all of the time, but it is an easy way to produce a small amount of extra 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 operate but youre not comfortable picking and managing the investments yourself, a robo advisor might be a good match for you. You will find a growing number of companies offering these solutions. Youll enter some information linked to your age, goals, and risk tolerance, and they'll handle the rest.
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Blooom is a robo adviser that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see 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 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 price is 0.25% off your balance, annually.
In relation to 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 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 prefer to develop your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be used as an advertisement
There are a few different companies out there that match up advertisers with automobile owners who want to generate some additional money. It might be a rear window advertisement, panel, or full wrap. The ad will be removable, will not damage your vehicle, and theyll actually install it to you.
Some of the largest companies in this industry are:.
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One way to make some money without much effort would be to rent your original site 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 others using. Fortunately, there are also a number of sites that enable 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 infant things.
Style Lend At Style Lend you can rent womens fashion products, like clothing and accessories. If you've got a cupboard full of nice clothes this can be a nice, simple side hustle for you.
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BabyQuip In BabyQuip you read here can rent all kinds of baby things from cribs to toys to security gates. This can be an ideal side business, especially if youre located in a area that attracts a lot of tourists and vacationers that might not have the ability to bring everything from house.
Getaround and Turo These two sites enable you to list your car for rent. Folks can rent out of you rather than going to one of the major chains, and you can produce a few thousand dollars per year doing it.
RVshare RVshare allows 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 that 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 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 popular side hustle is to use websites such address as:.