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In addition, I have other credit cards that earn higher percentages of money back for certain functions. Both the Chase Freedom card and the Discover It card may 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 for things I need to buy anyway, such as groceries and gasoline. .
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 men and women love 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 account or savings account. Again, this isnt something that youre going to do all the time, but it's an easy method to produce a little additional 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 place your money to work but youre not comfortable picking and managing the investments yourself, a robo adviser could be a great 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'll 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 view Bloooms recommendations. In the event you choose to use their service it will cost you $10 a month, adjusted amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisors. Betterment will lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The cost is 0.25percent off your balance, annually.
In terms of being passive, it doesnt get much more passive than allowing technology to do the work 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 like to develop your account quicker. .
If my latest blog post youre looking for a passive side hustle, just about allowing your car to be used as an advertisement
There are a few different companies out there which meet up advertisers with car owners who want to make some extra money. It could be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll actually install it for you.
Some of the largest companies in this industry are:.
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One way to earn some money without a lot of effort would be to rent out your stuff to other men and women. 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 websites 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 baby items.
Style Lend At Style Lend you can rent womens fashion items, like clothes and accessories. If 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 from cribs to toys to security gates. This can be an perfect side business, especially if youre located in a region which attracts a great deal of tourists and vacationers who might not have check this the ability to bring everything from home.
Getaround and Turo These two sites allow you to list your vehicle for rent. People 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 permits you to list an RV for rent, which can be a potentially lucrative side hustle.
Boatsetter and GetMyBoat If you've got a ship which you dont use very often, list it for rent on one of these sites.
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When 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 could be a local school student, a single person looking for a cheap place to live, or you could rent it out nightly. A popular side hustle is to use websites such as:.