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

Personally, I prefer money back credit cards travel benefits since I find that the points system on a lot of travel rewards cards to be confusing. But many people enjoy being able to earn points on travel rewards cards. If thats the case for you, see this page to see an updated listing of the best travel rewards credit cards. .

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Charge card companies arent the only ones that are willing to pay you to open an account. Some banks will give 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 customers).

If you want to put your money to work but youre not comfortable picking and managing the investments , a robo advisor might be a good match for you. You will find a growing number of companies offering those services. Youll enter some information linked to your age, goals, and risk tolerance, and they'll handle the rest.

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Blooom is a robo adviser that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to see Bloooms recommendations. If you choose to use their support 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 can direct you through personalized planning based on your personal situation, and then it will make 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 is to automate the procedure. Acorns is an app which can invest your spare change automatically. 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 in case youd prefer to grow your account quicker. .

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

There are a few different companies out there that match up advertisers with see page 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 for you.

Some of the largest companies in this industry are:.

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One way to make some money without a lot of effort is to rent your stuff out to other men and women. There are a lot of possibilities here, 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 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. If you've got a cupboard full of nice clothing this can be a nice, simple side hustle for you.

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BabyQuip At BabyQuip you can rent all kinds of baby items out of cribs to toys to security gates. This can be an perfect side business, particularly if youre located in a area which attracts a great deal of tourists and vacationers that may not have the ability to bring everything from house.

Getaround and Turo These two sites enable you to record your car for rent. People can rent out of you rather than going to one of the significant chains, and you can make a few thousand dollars per year doing this.

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

Boatsetter and GetMyBoat In case you have a ship which you dont use very often, list it for rent on one of those websites.

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If you have a spare bedroom in your home you may make some money without too much effort by allowing someone to rent the space. It might be a local school 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 websites such as:.

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