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I also have other credit cards that earn high percentages of money back for certain functions. Both the Chase Freedom card and the Discover It card may earn 5% cash back on purchases in particular categories that rotate each month. I really like being able to stand up 5 percent cash back for things I need to buy anyway, like groceries and gas. .

Personally, I prefer cash back credit cards to travel rewards because I find that the points system on a lot of travel rewards cards to be confusing. But many men and women enjoy being able to earn points on travel rewards cards. If thats the case for you, see this page to find an updated list of the best travel rewards credit cards. .

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Credit 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 is an effortless method to produce a little extra 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 work but youre not comfortable picking and managing the investments , a robo adviser might be a good fit for you. You will find a growing number of companies offering these solutions. 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 advisor that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their support it will cost you $10 a month, fixed amount rather than a percentage of your investments.

Betterment is one of the most popular 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 job for you.

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One way to invest and make money passively is to automate the procedure. Acorns is an program which can invest your spare change . When you make a purchase it will round up to the next dollar and invest the difference. You can even set up automatic recurring investments if youd prefer to develop your account faster. .

If youre looking for a passive side hustle, just about allowing your car to be Utilized as an advertisement

There are some different companies out there which meet up advertisers with automobile owners that want to generate a little additional money. It could be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your vehicle, 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 people. There are a whole lot of possibilities here, and it really depends on what you've got, and what you dont mind other people 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 At Fat Lama you can rent nearly anything from electronics, to sporting goods, to baby items.

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Style Lend At Style Lend you can rent womens fashion products, like clothes and accessories. In case you have a cupboard full of nice clothes 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 from cribs to toys to security gates. This can be an ideal side business, especially if youre situated in a region that click over here attracts a lot of tourists and vacationers who may not have the ability to bring everything from house.

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

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

Boatsetter and GetMyBoat In case you have a ship that you dont use very often, set it for rent on one of those sites.

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If you've got 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 call home, or you could rent it out nightly. A favorite side hustle would be to use websites such as:.

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