The answer to this question is different than you think. Just to be clear, you can make any money by doing nothing, you can’t make passive income by doing nothing. Even if you have dividend paying stocks, which is very passive, you must check you your stocks to make sure that company is going good, there is no way to make money by doing nothing. But what if there was a way to make some money by doing the same thing you do every day?
Is there a way to get money back from pumping gas or gas food for home, is there a way to make money doing those things? Is there something that I can place my money and that money will make more money? In this post I will go over the apps that I use to get cash back from stores that I go anyway, how to get cash back from pumping gas and I have a new app to get stocks from buy groceries and gas.
I have a lot to tell you but below this post I have my affiliate links to everything I will be talking about and with those links I may receive an affiliate commission but at no cost to you if fact using those links may give you a bonus.
One of the best way to make passive income by doing nothing really is to use cashback apps. Cash back apps will be on your phone and will you have to do is to link your debit card or credit card to the app and use it your cards like you would normally. Going to pump gas, get food for your house, I am getting paid to shop and I am not going out of my way to spend the money.
These apps were not around 10 years ago and right now it’s the best time to make some money. In this blog post, I will go over ways to make money that is easy and what to build to make money while you sleep.
Cashback app to have:
The first cashback that everyone needs to have is called the get up side gas app. All you have to do is use there gas station that they partner up with, go to that gas station and use your debit card or credit card to pay for gas. You cannot use cash to pay for gas. Once you are done, make sure you get a receipt and you need to scan your receipt though the app itself. After you upload your receipt and after a day or so you should be getting some money back in the app. One tip is to keep your receipt until you get your cash back just in case the receipt didn’t go through all the way but 97% percent of the time for me it’s works. I also get my wife gas for her so I scan her receipt as well so the money comes faster.
As of right now I have over $100 bucks from this app and with pumping and scan my wife and my car and it took me 8 months to get that much money back. Now you may make more or less than that. I know if you are a Uber driver this app this app is a must have and if were to go to the app or play store use my invite code to get an extra .15 cent on your first use. Use this code here: 864AK
We all must buy gas anyway so why not get some money back for doing that. Now the next app is just like the get up side gas app and that app is called the trunow app. This app works just the get up side gas app where you will be scanning your gas receipt though the app itself. You don’t get as much money back with this app but the key is to use both apps at the same time. Since the get up side gas app pays more I would make sure whatever gas station you pick is on both apps.
The trunow app has more gas station to pick from and for me most of the time whatever I pick is on this app so to double dip scan your gas receipt though the get up side gas app and then scan though trunow app. Both apps can make you money so I have both apps on my phone at all times. Go to the play or app store and download the trunow app and use my code to get 1 dollar when you sign up: 8VMSVG. This is the time to get money back for gas.
The Dosh and Pei app:
Dosh and Pei are cash back apps that gives you cash back on things that you buy anyway. Stores like Walgreen’s, Dunkin donuts, and sams club are on these apps so when you link your debit card or credit card, when you shop at these places you will get cash back. I love these two apps cause you can use both apps on one store so you are getting cash two times. Go to the app or play store, type in dosh and and download it and then type in Pei and then download that app. Use my code when signing up with these apps to get a bonus. The dosh app: TYRONE5
The Pei App: yd2ubf
Dividend paying stocks:
I have been looking up other ways to make passive income I found dividend paying stocks. When I was growing up I or no one I knew talked about stocks. The only thing I knew was you buy low and sell high. Well till I didn’t know that some stocks pay a dividend. A dividend is a payment made by a corporation to its shareholders, usually as a distribution of profits. Some stocks pay a monthly, and most pay quarterly you will receive payment for owning the stock. It may be .50 cent or .10 cents per stocks and that’ not a lot of money but it’s is super passive and if you buy a lot of stocks, you could get 50 bucks per month.
It takes a lot of money but this can be done over time. A stock is a asset that makes money. Over time the stock price may go up which at that time you can sell the stock for more money that you paid for. Plus the dividend payment may go up as well and you own the stock forever as long as the company stays afloat.
We have to make money while we sleep so this is just one way of doing that. When you buy the stock, that’s it, there nothing more to do just sit back and wait for the money to roll in. Now I would do some homework on the companies that you pick to make sure that anything is going well. Think about it this way, right now I have 30 stocks and some ETF that I have on my list to buy.
These stocks pay a dividend monthly so the goal for me is to get each stock or EFT to $1 dollar per month. So that’s 30 dollars per month passive income without doing anything. And then I can raise each stock to pay $2 bucks per stock so that would be $60 dollars per month passive without doing much of anything.
I use the robin hood app to buy stocks and if you want to get robin hood you can click here to get started: https://share.robinhood.com/tyronek53
Don’t think that you need a lot of money. Right now every 2 weeks I use $50 to $100 dollars per month on stocks. I am not like these other people and dropping $4000 to $5000 of cash on stocks. This is a long term deal for me so I like to take my time and invest my money other places as well and that leads up to the last app I want to talk about.
The Worthy Bond App:
Not only I invest into stocks, I also invest into bonds as well. But getting into bonds is hard so I use worthy bonds. Worthy bonds allows you to buy $10 bonds that help out local business that need the money. The best thing I like about worthy bonds is that the interest rate is a flat 5%. You can get that rate in a high yield saving account and 5% is a good return on money money.
I treat this like a high yield saving account and you can pull the money out whenever you want to without any fees and there is no fees for using this app. If you want to check out worthy bonds you can click here or look below this blog post for all the links. By the way the interest you get on your money hits your account weekly not monthly so you can track your money.
What is the easiest ways to make passive income by doing nothing?
These are just some of the ways to make money in the easiest way. Investing your money on assets that make you money is just one way. Just pick which one you want to do and go from there. I say do all these things cause it all passive and will not take that much time to set up and start making your money work for you.
worthy bond: https://worthybonds.com/?r=gfrhU
https://www.acorns.com/invite/BU6YRD
Get up side gas app: 864AK
The trunow app: 8VMSVG
robin hood app: https://share.robinhood.com/tyronek53
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