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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 particular categories that rotate each 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 to travel benefits since I find 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 find an updated list of the best travel rewards credit cards. .
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Credit card companies arent the only ones who are willing to pay you to open an account. Some banks will provide 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 is an easy way to make a small amount of additional money with no work involved. .
If you want to put your money to operate but youre not comfortable picking and managing the investments yourself, a robo adviser might be a good fit for you. You will find a growing number of companies offering those solutions. Youll enter some information related to your age, goals, and risk tolerance, and they will 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. If you decide to use their service it can cost you $10 a month, fixed 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 automatically 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 job for you.
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One way to invest and make money passively is to automate the process. Acorns is an program that can invest your spare change . 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 prefer to grow your account faster. .
If youre looking for a passive side hustle, how about Recommended Site allowing your car to be used as an advertisement
There are a few different companies out there which meet up advertisers with automobile owners who want to generate some extra money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll actually install it to you.
Some of the biggest companies in this industry are:.
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One way to earn some money without much effort is to rent your stuff out to other men and women. 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 a number of sites 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 nearly anything from electronics, to sporting goods, to baby items.
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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to security gates. This can be an ideal side business, especially if youre situated in a area 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 record 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 this.
RVshare RVshare allows you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat If you've got a boat which you dont use very often, list it for rent on one of these websites.
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If you've got a spare bedroom in your home you could make some money without too much effort by allowing someone to rent the space. It could be a local college student, a single person looking for a cheap place to live, or you might rent it out nightly. A popular side hustle is to use websites like:.