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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 the Discover It card will earn 5% cash back on purchases in particular categories that rotate each month. I really like being able to rack up 5% cash back to things I need to buy anyway, such as groceries and gasoline. .

Personally, I prefer cash back credit cards to travel benefits because I find the points system on a lot of travel rewards cards to be confusing. But many people 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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Credit card companies arent the only ones that 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 of the time, but it's an easy method to produce a little 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 yourself, a robo advisor might be a great 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'll handle the rest.

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Blooom is a robo advisor that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see Bloooms recommendations. If you choose to use their support it will cost you $10 per month, fixed amount rather than a percentage of your investments.

Betterment is one of the hottest robo advisors. 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 cost is 0.25percent 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 would be to automate the process. Acorns is an app which will invest your spare change automatically. When you make a purchase it'll This Site 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 side hustle, just about allowing your car to be Utilized as an advertisement

There are a few different companies out there which match up advertisers find this 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 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 make some money without much effort is to rent your stuff out 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 allow 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 infant items.

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Style Lend At Style Lend you can rent womens fashion products, like clothes and accessories. If you've got a cupboard full 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 items out of cribs to toys to safety gates. This can be an ideal side business, especially if youre situated in a region that attracts a lot of tourists and vacationers that may not be able to bring everything out of house.

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 few thousand dollars per year doing it.

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

Boatsetter and GetMyBoat If 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've got a spare bedroom in your home you may make some money without too much effort by allowing someone to rent the room. It could be a local school student, a single person looking for a cheap place to call home, or you might rent it out nightly. A popular side hustle would be to use sites like:.

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