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

Personally, I prefer cash back credit cards to travel rewards because I find that the points system on a great deal 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 only for opening a checking account or savings account. Again, this isnt something that youre going to do all of the time, but it's an effortless method to produce a small amount of 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 customers).

If you want to place your money to operate but youre not comfortable picking and managing the investments , a robo advisor could be a great match 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 will handle the rest.

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

Betterment is one of the most popular robo advisors. Betterment can 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 relation to 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 earn money passively would be to automate the procedure. Acorns is an program that 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 in case youd like to develop your account faster. .

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

There are some different companies out there that match up advertisers with car 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 damage your car, and theyll actually install it to you.

Some of the biggest 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 he has a good point stuff to other men and women. 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 sites that allow you to list your items for rent, and make it easy 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 items, like clothing 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 In BabyQuip you can rent all kinds of baby things from cribs to toys to safety gates. This can be an ideal side business, particularly if youre situated in a area which attracts a lot of tourists and vacationers that might not have the ability to bring everything from click now house.

Getaround and Turo These two sites allow you to record your car 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 have a ship that you dont use very often, set it for rent on one of those sites.

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

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