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I also have other credit cards that earn high percentages of cash back for certain functions. The Chase Freedom card and also the Discover It card may earn 5 percent cash back on purchases in specific categories that rotate every month. I really like 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 travel rewards since I find 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, visit this page to find 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 give you a bonus simply 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 effortless method to produce a little 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 place your money to work but youre not comfortable picking and managing the investments yourself, a robo advisor could be a good fit for you. There are a growing number of companies offering these solutions. Youll enter some information linked to your age, goals, and risk tolerance, and they will 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 view Bloooms recommendations. If you decide to use their support it will cost you $10 per month, fixed amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisers. Betterment can lead 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 perform the work for you.
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One way to invest and make money passively is to automate the process. Acorns is an app that can invest your spare change automatically. When you make a purchase it will round up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd prefer to develop your account quicker. .
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 which next page meet up advertisers with automobile owners who want to make some additional money. It might be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll really install it to you.
Some of the largest companies in this industry are:.
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One approach to make some money without much effort would be to rent your stuff out to other people. 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 several websites that allow you to list your items for rent, and make it effortless 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 clothes and accessories. If you have a cupboard full of nice clothing this can be a nice, simple side hustle for you.
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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to security gates. This can be an perfect side business, particularly if youre located in a area that attracts a lot of tourists and vacationers who might not be able Bonuses to bring everything from home.
Getaround and Turo These two sites allow you to record your car for rent. People can rent from you rather than going to one of the major chains, and you can produce 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 If you have a boat which you dont use very often, set it for rent on one of these websites.
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When you have a spare bedroom in your house you may make some money without too much effort by allowing someone view 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 would be to use websites like:.