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Everything is more expensive these days.
From the cost of housing, utilities, groceries and more, were all feeling the pinch.
Earning passive income means earning money with little to no effort.
This summer, there are many different ways you could start earningpassive incometo boost your financial standing.
The beauty of renting out extra space in your house on platforms like these is that its flexible.
Open a High-Yield Savings Account
Opening an interest bearing high-yield savings account is a no brainer.
These savings accounts pay interest rates that are well above average compared with those at traditional brick-and-mortar banks.
BuyShares of Dividend-Yielding Stocks
When you buy a stock, youre buying a share of a company.
Some companies pay shareholders regulardividendsjust for owning shares.
Consider buying a home, apartment or an entire building as an investment.
Youll earn money for each day that someone rents your vehicle, which will earn you a passive income.
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