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I also have other credit cards that earn higher percentages of money back for certain purposes. The Chase Freedom card and also the Discover It card may earn 5% cash back on purchases in particular classes that rotate every month. I really like being able to stand up 5% cash back to things I need to purchase anyway, such as groceries and gasoline. .
Personally, I prefer money back credit cards travel benefits because I find that 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, see this page to find 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 give you a bonus simply 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. .
Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new clients ).
If you want to place your money to work but youre not comfortable picking and managing the investments , a robo adviser could be a good fit for you. There are a growing number of companies offering these solutions. 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 advisor that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to see Bloooms recommendations. If you choose to use their service it will cost you $10 per month, fixed amount rather than a percentage of your investments.
Betterment is one of the most popular robo advisors. Betterment will direct you through personalized planning based on your personal situation, and then it will make a diversified portfolio and rebalance it. The cost is 0.25% off your balance, annually.
In relation to 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 make money passively is to automate the procedure. Acorns is an app 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 develop your account faster. .
If youre looking for a passive side hustle, how about allowing your car to be Utilized as an advertisement
There are a few different companies out there which meet up advertisers with car owners who want to make a little extra money. It might be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your vehicle, and theyll really install it for you.
Some of the largest companies in this industry are:.
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One way to make some money without a lot of effort is to rent out your stuff to other people. There are a whole 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 allow you to record your items for rent, and make it effortless for renters to find you. .
Fat Lama At Fat Lama you can rent just about anything from electronics, to sporting goods, to baby things.
Style Lend At Style Lend you can rent womens fashion products, like clothing and accessories. If you've got a closet full visit site of nice clothing this can be a nice, easy side hustle for you.
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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to safety gates. This can be an perfect side business, particularly if youre situated in a region that attracts a great deal of tourists and vacationers who might not have 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 significant chains, and you can make a couple thousand dollars per year doing it.
RVshare RVshare permits you to set an RV for rent, which can be a more info here potentially rewarding side hustle.
Boatsetter and GetMyBoat If you've got a ship that you dont use very often, set it for rent on one of these websites.
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When you have a spare bedroom in your home you Check Out Your URL could make some money without too much effort by allowing someone to rent the space. It might 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 sites such as:.