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In addition, I have other credit cards that earn high percentages of money back for certain functions. 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% cash back for things I need to purchase anyway, such as groceries and gas. .
Personally, I prefer cash back credit cards travel rewards since I find the points system on a great deal of travel rewards cards to be confusing. But many people 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 simply for opening a checking or savings account. Again, this isnt something that youre going to do all the time, but it is 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 good match 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 will handle the rest.
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Blooom is a robo advisor that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their service it can cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the hottest robo advisers. 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 dig this 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 can invest your spare change . When you make a purchase it will 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 quicker. .
If youre looking for a passive click here for info side hustle, how about allowing your car to be Utilized as an advertisement
There are a few different companies out there that match up advertisers with automobile owners who want to make a little additional money. It might be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll really 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 is to rent out your stuff to other men and women. There are a lot of possibilities , and it really depends on what you have, and what you dont mind others using. Fortunately, there are also a number of websites that enable you to record 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 things.
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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 perfect side business, especially if youre located in a region that attracts a lot of tourists and vacationers who may not have the ability to bring everything from house.
Getaround and Turo These two sites enable you to list your vehicle for rent. People can rent out of you rather than going to one of the major chains, and you can produce a couple thousand dollars per year doing this.
RVshare RVshare permits you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat In case you have a boat which Extra resources you dont use very often, set it for rent on one of those websites.
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If you've got 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 would be to use sites such as:.