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I also have other credit cards that earn higher percentages of cash back for certain functions. Both the Chase Freedom card and also the Discover It card will earn 5% cash back on purchases in specific categories that rotate each month. I really like being able to rack up 5 percent cash back to things I need to buy anyway, such as groceries and gasoline. .

Personally, I prefer cash back credit cards to travel rewards since I find the points system on a lot 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 see an updated listing of the best travel rewards credit cards. .

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Charge card companies arent the only ones that 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 the time, but it is an effortless way to produce a small amount of additional money with no work involved. .

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Capital One is currently offering a $25 bonus for opening a checking account or savings account (for new clients ).

If you want to put your money to operate but youre not comfortable picking and managing the investments , a robo advisor could be a great fit for you. You will find a growing number of companies offering these 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 see Bloooms recommendations. In the event you decide to use their support it can 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 lead 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 terms of being passive, it doesnt get much more passive than allowing technology to do the job for you.

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One way to invest and make money passively would be to automate the process. Acorns is an app which will invest your spare change automatically. 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 if youd prefer to develop your account quicker. .

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 match up advertisers with automobile owners who want to make visit this site right here some additional money. It might be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not damage 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 is to rent out your stuff to other men and women. There are a whole lot of possibilities here, and it really depends on what you have, and what you dont mind others using. Fortunately, there are also a number of sites that enable you to list 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 things.

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Style Lend At Style Lend you can rent womens fashion items, like clothes and accessories. In case you've got a cupboard full of nice clothing this can be a nice, simple side hustle for you.

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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, particularly if youre situated in a region that attracts a lot of tourists and vacationers that may not be able to bring everything from house.

Getaround and Turo These two sites allow you to record your vehicle for rent. People can rent out of you rather than going to one of the significant chains, and you can produce a couple thousand dollars per year doing it.

RVshare RVshare allows you to set an RV for rent, which can be a potentially lucrative side hustle.

Boatsetter and GetMyBoat In case you've got a ship which you dont use very often, set it for rent on one of those websites.

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If you have 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 live, or you could rent it out nightly. A favorite side hustle is to use sites like:.

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