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I also have other credit cards that earn higher percentages of money back for certain purposes. Both the Chase Freedom card and the Discover It card may earn 5 percent cash back on purchases in specific categories that rotate each month. I love being able to stand up 5 percent cash back for things I need to buy anyway, like groceries and gasoline. .
Personally, I prefer cash back credit cards travel benefits since I find that the points system on a lot 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 give 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's an easy method to produce a small amount of additional money with no work involved. .
If you want to place your money to work but youre not comfortable picking and managing the investments , a robo adviser might be a great fit for you. There are a growing number of companies offering those services. Youll enter some information related 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 view Bloooms recommendations. In the event you choose to use their support it will cost you $10 a month, fixed 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 automatically 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 job for you.
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One way to invest and make money passively is to automate the procedure. Acorns is an program which 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 develop your account quicker. .
If youre looking for a passive side hustle, just about allowing your car to be use this link Utilized as an advertisement
There are a few different companies out there which match up advertisers with automobile owners that want to make a little additional money. It could be a back 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 approach YOURURL.com to earn some money without much effort would be to rent out your stuff 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 sites that enable you to record 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 items.
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BabyQuip At BabyQuip you can rent all kinds of baby items from cribs to toys to safety gates. This can be check out this site an ideal side business, particularly if youre located in a area which attracts a great deal of tourists and vacationers who may not be able to bring everything out of home.
Getaround and Turo These two sites enable you to record your vehicle for rent. Folks can rent out of you rather than going to one of the major chains, and you can make a few 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've got a boat which you dont use very often, set it for rent on one of these sites.
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If you have a spare bedroom in your house you could make some money without too much effort by allowing someone to rent the space. It might be a local college student, a single person looking for a cheap place to call home, or you could rent it out nightly. A favorite side hustle is to use sites such as:.