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I also have other credit cards that earn higher percentages of money back for certain functions. The Chase Freedom card and also the Discover It card may earn 5 percent cash back on purchases in particular classes that rotate every month. I really like being able to stand up 5 percent cash back to things I need to purchase anyway, such as groceries and gas. .
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 people 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 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's an easy way to produce a small amount of extra money with no work involved. .
Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new customers).
If you want to put your money to operate but youre not comfortable picking and managing the investments , a robo advisor might be a great fit for you. You will find a growing number of companies offering these 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 adviser that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to view Bloooms recommendations. If you decide to use their service it can cost you $10 per month, adjusted 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 create a diversified portfolio and automatically rebalance it. The price is 0.25percent off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to perform the work for you.
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One way to invest and earn money passively is to automate the process. Acorns is an program which will invest your spare change . When you make a purchase it'll round up to the next dollar and invest the difference. You can also set up website here automatic recurring click to find out more investments if youd prefer to develop your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be used as an advertisement
There are a few different companies out there that meet up advertisers with automobile owners that want to make a little extra money. It could be a rear window advertisement, panel, or full wrap. The ad will be removable, will not damage your car, and theyll really install it for you.
Some of the biggest companies in this industry are:.
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One approach to make some money without much effort is to rent your stuff out to other people. There are a lot of possibilities , and it really click to find out more depends on what you have, and what you dont mind other people 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 In Fat Lama you can rent just about anything from electronics, to sporting goods, to infant items.
Style Lend At Style Lend you can rent womens fashion products, like clothes and accessories. In case you've got a cupboard full of nice clothes this can be a nice, easy side hustle for you.
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BabyQuip In BabyQuip you can rent all kinds of baby items out of 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 be able to bring everything from home.
Getaround and Turo These two sites allow you to record your vehicle for rent. Folks can rent from you rather than going to one of the major chains, and you can make a few thousand dollars per year doing this.
RVshare RVshare allows you to list an RV for rent, which can be a potentially rewarding 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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When you have a spare bedroom in your house you may make some money without too much effort by allowing someone to rent the room. 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 such as:.