How about getting free $1000( Approximately) per year. There may be different ways to get free money ( taking surveys) but I felt this would be an easier way.
Cash Back Credit Cards : If you know how to manage your credit card, then you would be getting free money as a cash back and to sweeten the deal bank even gives you free 30 days interest free cash.
As long as you pay the full balance every month you will not be paying additional payments to the bank.
How about generating more form the cash back??
The best way is to earn even more on the cash back is to invest. As you get the cash back, move the money to your investing account and invest.
Over a period of time this would be generating even more money than you originally had.
Some people will be against using Credit card ( like Dave Ramsey) , but I felt if you have the discipline to pay off each month the full balance you are in better shape financially.
This is one of the easiest ways to build your net income.
Some of the credit cards which I like
1. Bank of America Cash Rewards – This card has three tiers
a.3% cash back ( choose one) - gas, online shopping, dining, travel, drug stores, or home improvement/furnishings.
b.2% cash back at grocery stores and wholesale clubs.
c.Unlimited 1% cash back.
2. Chase Freedom - This card has two tiers
a. 5% cash back based upon the cash back calendar.
b.1% cash back on everything.
If you use the card as per your purchase, you can even earn more in the cash back.
I hope this quick tip would add value to your financial progress.