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I also have other credit cards that earn higher percentages of cash back for certain functions. The Chase Freedom card and the Discover It card may earn 5% cash back on purchases in particular classes that rotate every month. I really like being able to stand 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 that 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, visit 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 or savings account. Again, this isnt something that youre going to do all of the time, but it is an effortless method to make a little extra money with no work involved. .
If you want to put your money to work 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 choose to use their service it can cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisors. Betterment can lead you through personalized planning based on your personal situation, and then it will make a diversified portfolio and 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 which can invest your spare this page change automatically. When you make a purchase it'll round up to the next dollar and invest the difference. You can even set up automatic recurring investments in case youd like to grow 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 match up advertisers with automobile owners who want to generate a little extra money. It could 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 biggest companies in this industry are:.
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One approach to make some money without a lot of effort is to rent your stuff out to other people. There are a 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 enable you to record your items for rent, and make it effortless for renters to find you. .
Fat Lama At 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 things out of cribs to toys to security gates. This can be an perfect side business, especially if youre situated in a region that attracts a lot of tourists and vacationers who may not have the ability to bring everything out of home.
Getaround and Turo These two sites allow you to list your vehicle for rent. Folks can rent out of you rather than going to one of the significant chains, and you can produce a few thousand dollars per year doing it.
RVshare RVshare permits you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you have a boat which you dont use very often, list it for rent on one of these sites.
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When 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 college 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 such as:.