Earn money while you sleep

Here are the 5 websites where you earn money 💰💰 in dollars by sleeping

1. Invest in the Stock Market

When you start investing money in stocks that are considered safe (no stock is 100% guaranteed to make you money), you typically end up with a profit for doing nothing but letting the asset increase in value. That’s why the stock market is one of the best investment for young adults. You can buy stocks with a brokerage geared toward beginners like Plynk.

1. Open a High-Yield Savings Account

Another way to make money you already have work for you is by putting it in a high-yield savings account or certificate of deposit (CD). A standard savings account offers an interest rate of around 0.01%. Meanwhile, high-yield checking and savings accounts can have interest rates exceeding 1% (meaning they’re about 100 times better at building interest than a typical savings account).

However, recent economic developments have pushed many of these accounts below the 1% threshold for the time being.

3 Step Banking

Step, made popular by its unique “hybrid” Step Visa Card, has expanded its offerings to include a powerful high-yield savings tool.

Users earn 5% annually—compounded and paid monthly—on up to $250,000 saved in their Savings Goals, calculated using the average daily balance in your Savings Goals. Like with your average savings account, Step’s savings yield can change depending on movements in the Federal Funds Rate, but if that happens, Step will give you 30 days’ notice before it happens.

To qualify, the user must have a direct deposit of at least $500 per month, and the benefit extends for as long as the direct deposits continue. (Other perks of making qualifying direct deposits? Bonus points on dining, food delivery, charitable donations, specific merchants—and you can get paid up to two days early.)

And remember: When you sign up with Step, you also get their Step Visa Card—a spending card that functions like a debit card, but also boasts some of the features of a Visa credit card—including the ability to build your (or your child’s) credit history. You can’t spend money you don’t have, eliminating the fear of overdrafting. The card can be used to withdraw money fee-free at more than 30,000 ATMs, and it’s protected by Visa’s Fraud Protection and Zero Liability guarantee.

Users age 13 and older can also buy and sell stocks, ETFs, and Bitcoin. Sign up for high-yield savings with Step today.