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In addition, I have other credit cards that earn higher percentages of money back for certain purposes. Both the Chase Freedom card and the Discover It card may earn 5 percent cash back on purchases in specific classes that rotate every month. I love being able to stand up 5% cash back for things I need to purchase anyway, such as groceries and gas. .

Personally, I prefer money back credit cards travel rewards since I find the points system on a great deal 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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Credit card companies arent the only ones who 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 the time, but it is an effortless way 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 place your money to operate but youre not comfortable picking and managing the investments , a robo adviser could be a great match for you. There are 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 decide to use their service it can cost you $10 per month, adjusted amount rather than a percentage of your investments.

Betterment is one of the hottest robo advisers. Betterment can lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and automatically rebalance it. The price is 0.25percent 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 make money passively would be to automate the process. Acorns is an app that will invest your spare change . When you make a purchase it'll round up to the next dollar and invest see this website the difference. You can even set up automatic recurring investments in case youd like to grow your account faster. .

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

There are some different companies out there that match up advertisers with car owners that want to generate a little additional money. It might be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your car, and theyll actually install it to 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 would be to rent your stuff out to other men and women. There are a whole lot of possibilities here, and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also a number of websites that allow 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 cupboard full of nice clothes 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 out of cribs to toys to security gates. This can website link be an perfect side business, particularly if youre situated in a area that attracts a lot of tourists and vacationers who might not be able to bring everything from home.

Getaround and Turo These two sites enable you to list your car 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 per year doing it.

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

Boatsetter and GetMyBoat If you have a boat that 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 house you may make some money without too much effort by allowing someone to rent the space. It could be a local school student, a single person looking for a cheap place to live, or you could rent it out nightly. A favorite side hustle would be to use websites such as:.

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