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In addition, I have other credit cards that earn higher percentages of cash back for certain purposes. The Chase Freedom card and also the Discover It card may earn 5% cash back on purchases in particular classes that rotate each month. I really like being able to rack up 5% cash back to things I need to purchase anyway, like groceries and gasoline. .

Personally, I prefer money back credit cards travel rewards because I find the points system on a lot 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, visit this page to find an updated listing 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 simply for opening a checking account or savings account. Again, this isnt something that youre going to do all of the time, but it is an effortless method to make a little 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 clients ).

If you want to place your money to work but youre not comfortable picking and managing the investments , a robo adviser could be a good match for you. There are a growing number of companies offering those services. 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 find a free analysis of your 401(k) to view Bloooms recommendations. In the event you decide to use their service it will cost you $10 a month, adjusted amount rather than a percentage of your investments.

Betterment is one of the hottest robo advisors. Betterment will direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The price is 0.25percent off your balance, annually.

In terms of being passive, it doesnt get much more passive than allowing technology to perform the job for you.

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One way to invest and earn money passively is to automate the procedure. Acorns is an app which can invest your spare change . When you make a purchase it'll round up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd prefer 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 meet up advertisers with automobile owners who want to generate some additional money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your vehicle, 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 would be to rent out your stuff to other men and women. There are a whole lot of possibilities , and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also a number of sites that allow you to record your items for rent, and make it effortless for renters to find you. .

Fat Lama In Fat Lama you can rent nearly anything from electronics, to sporting goods, to baby things.

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Style Lend At Style Lend you can rent womens fashion items, like clothing and accessories. In case you have a closet try here full of nice clothing this can be a nice, easy side hustle for you.

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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to safety gates. This can be an ideal side business, especially if youre located in a region which attracts a great deal of tourists and vacationers who might not have the ability to bring everything out of house.

Getaround and Turo These two sites allow you to record your car for rent. Folks my response can rent out of you rather than going to one of the significant chains, and you can make a couple thousand dollars per year doing it.

RVshare RVshare permits you to list an RV for rent, which can be a potentially rewarding side hustle.

Boatsetter and GetMyBoat If you've got a ship which you dont use very often, list it for rent on one of those websites.

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When you have a spare bedroom in your house you may make some money without too much effort by allowing someone to rent the room. It could be a local college student, a single person looking for a cheap place to live, or you could rent it out nightly. A popular side hustle is to use sites like:.

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