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In addition, I have other credit cards that earn high percentages of cash back for certain functions. The Chase Freedom card and the Discover It card will earn 5 percent cash back on purchases in specific classes that rotate each month. I love being able to rack up 5 percent cash back to things I need to buy anyway, like groceries and gasoline. .
Personally, I prefer cash back credit cards to travel benefits since I find the points system on a great deal 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 find 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 give 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's an effortless way to make a little additional 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 adviser might be a great match for you. There are a growing number of companies offering these services. 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 get a free analysis of your 401(k) to see Bloooms recommendations. If you choose to use their service it will cost you $10 per month, fixed amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisors. Betterment will direct you through personalized planning based on your personal situation, and then it will make a diversified portfolio and automatically 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 do the job 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 . 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 in case 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 some different companies out Get More Information there which meet up advertisers with automobile owners that want to make some extra money. It might be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your vehicle, and theyll actually install it for 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 lot of possibilities here, and it really depends on what you've got, and what you dont mind others using. this link 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 just about anything from electronics, to sporting goods, to baby items.
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BabyQuip At BabyQuip you can rent all kinds of baby things out of cribs to toys to safety gates. This can be an ideal side business, especially if youre located in a region which attracts a great deal of tourists and vacationers that may not have the ability to bring everything from home.
Getaround and Turo These two sites allow you to list your car 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 allows you to list an RV for rent, which can be a potentially rewarding side hustle.
Boatsetter and GetMyBoat If you have a ship that you dont use very often, set it for rent on one of those sites.
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If you have a spare bedroom in your home you may 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 click here for more info for a cheap place to call home, or you could rent it out nightly. A favorite side hustle is to use websites like:.