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I also have other credit cards that earn higher percentages of cash back for certain purposes. Both the Chase Freedom card and 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 to things I need to purchase anyway, such as groceries and gasoline. .
Personally, I prefer money back credit cards travel benefits because 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 see an updated listing 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 or savings account. Again, this isnt something that youre going to do all the time, but it is an effortless method to make 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 customers).
If you want to put your money to operate but youre not comfortable picking and managing the investments yourself, a robo advisor could be a great match for you. There are a growing number of companies offering those 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 advisor that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see Bloooms recommendations. If you decide to use their support it will cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisers. 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 terms of 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 program that 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 even set up automatic recurring investments if youd like to grow your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be used as an advertisement
There are some different companies out there that match up advertisers with car owners who want try this web-site to make some extra money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your vehicle, and theyll actually install it to you.
Some of the biggest companies in this industry are:.
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One way to make some money without a lot of effort is to rent your stuff out to other people. There are a lot of possibilities , and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also several websites that allow you to record your items for rent, and make it easy for renters to find you. .
Fat Lama In Fat Lama you can rent just about anything from electronics, to sporting goods, to baby items.
Style Lend At Style Lend you can rent womens fashion products, like clothing and accessories. If you have a closet 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 from cribs to toys to security gates. This can be an perfect side business, particularly if youre located in a region which attracts a lot of tourists and vacationers that may not have the ability to bring everything out of home.
Getaround and Turo These two sites enable you to list your car for rent. People can rent from you rather than going to one of the significant chains, and you can produce a couple thousand dollars per year doing it.
RVshare RVshare permits you to set an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you have a ship which you dont use very often, list it for rent on one of those sites.
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If you've got a spare bedroom in your home you may make some money without too much effort by allowing someone to rent the room. It could be a local college student, a single person looking for a cheap place to live, or you could rent it out nightly. A favorite side hustle would be to use sites such as:.