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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 also 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, such as groceries and gas. .
Personally, I prefer money back credit cards travel benefits since I find 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, see 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 account or savings account. Again, this isnt something that youre going to do all of the time, but it's an effortless method to make a little extra 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 good fit for you. You will find a growing number of companies offering those 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 find a free analysis of your 401(k) to view Bloooms recommendations. In the event you decide to use their service it will cost you $10 per month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisors. Betterment can direct 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 do the job for you.
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One way to invest and earn money passively is to automate the procedure. Acorns is an program which will 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 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 some different companies out there which match up advertisers with automobile owners that want to make some extra money. It might be a back window advertisement, panel, or full this content 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 way to make some money without much effort is to rent out your stuff to other people. There are a whole lot of possibilities , and it really depends on what you've got, and what you dont mind others using. Fortunately, there are also several websites that enable you to list 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 baby things.
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BabyQuip In BabyQuip you can rent all kinds of baby items from cribs to toys to security gates. This can be an ideal side business, particularly if youre located in a area that attracts a lot of tourists and vacationers that may not be able to bring everything from home.
Getaround and Turo These two sites allow you to list your car for rent. Folks 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 list an RV for rent, which can be a potentially rewarding side hustle.
Boatsetter and GetMyBoat In case investigate this site you've got a boat which you dont use very often, list it for rent on one of these sites.
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If you have a spare bedroom in your home 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 live, or you could rent it out nightly. A favorite side hustle would be to use sites like:.