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In addition, I have other credit cards that earn high percentages of money back for certain purposes. Both the Chase Freedom card and also the Discover It card may earn 5% cash back on purchases in particular categories that rotate every month. I really like being able to rack up 5 percent cash back for things I need to buy anyway, like groceries and gas. .

Personally, I prefer cash back credit cards to travel rewards since I find that 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 see an updated list of the best travel rewards credit cards. .

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Credit card companies arent the only ones that are willing to pay you to open an account. Some banks will give you a bonus only 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 way to make a small amount of 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 customers).

If you want to place your money to operate but youre not comfortable picking and managing the investments , a robo adviser might be a great fit for you. You will find a growing number of companies offering those solutions. 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 advisor that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their support it will cost you $10 a month, fixed amount rather than a percentage of your investments.

Betterment is one of the most popular 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 0.25% off your balance, annually.

In relation to being passive, it doesnt get much more passive than allowing technology to do the job for you.

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One way to invest and earn money passively would be to automate the process. Acorns is an program that will invest your spare change . When you make a purchase it will round up to the next dollar and invest the difference. You can even set up automatic recurring investments in case youd prefer to grow your account faster. .

If youre looking for a passive side hustle, how about allowing your car to be Utilized as an advertisement

There are some different companies out there which meet up advertisers with car owners that want to make some additional money. It might be a rear window advertisement, panel, or full wrap. The ad will be removable, will not damage your car, and theyll really install it to you.

Some of the largest companies in this industry are:.

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One approach to make some money without much effort is to rent your stuff out to other people. There are a whole lot of possibilities , and it really depends on what you have, and what you dont mind other people using. Fortunately, there are also several websites that enable you to record your items for rent, and make it easy for renters to find you. .

Fat Lama At Fat Lama you can rent nearly anything from electronics, to sporting goods, to infant items.

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Style Lend At Style Lend you can rent womens fashion products, like clothes and accessories. In case you have a closet 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 items from cribs to toys to security gates. This can be an perfect side business, especially if youre located in a area that attracts a great deal of tourists and vacationers that may not have the ability to bring everything out of house.

Getaround and Turo These two sites enable you to record your vehicle for rent. Folks can rent out of you rather than going to one of the significant chains, and you can produce a couple thousand dollars important site per year doing this.

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

Boatsetter and GetMyBoat In case you've got a ship which you dont use very often, list it for rent on one of these sites.

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If you've got a spare bedroom in your house you could make some money without too much effort by allowing someone to rent the space. It could be a local college student, a single person looking for a cheap place to call home, or you could rent it out nightly. A favorite side hustle would be to use sites like:.

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