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

Personally, I prefer money back credit cards to travel rewards since I find the points system on a great deal of travel rewards cards to be confusing. But many people love 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 only for opening a checking or savings account. Again, this isnt something that youre going to do all of the time, but it's an effortless way to make a little additional 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 put your money to operate but youre not comfortable picking and managing the investments yourself, a robo adviser might be a great 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'll 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 view Bloooms recommendations. In the event you decide to use their service it will cost you $10 per month, fixed amount rather than a percentage of your investments.

Betterment is one of the most popular robo advisers. Betterment can direct you through personalized planning based on your personal situation, and then it will create a diversified portfolio and automatically rebalance it. The cost is 0.25percent off your balance, annually.

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

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One way to invest and make money passively would be to automate the process. Acorns is an app which will invest your spare change . When you make a purchase it will round up to the next dollar and invest the difference. You can also set up automatic recurring investments in case youd like to grow your account quicker. .

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

There are some different companies out there that meet up advertisers with car owners who want to make a little extra money. It could be a back window advertisement, panel, or full wrap. The ad will be removable, will not harm your car, and theyll really install it to you.

Some of the biggest companies in this industry are:.

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One approach to make some money without a lot of effort is to rent your stuff out 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 others using. Fortunately, there are also several sites that enable you to list 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. Home Page In case you have a closet full of nice clothes this can be a nice, simple side hustle for you.

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BabyQuip In BabyQuip you can rent all kinds of baby items out of cribs to toys to safety gates. This can be an ideal side business, particularly if youre located in a area which attracts a lot of tourists and vacationers that might not be able to bring everything out of 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 major chains, and you can make a couple thousand dollars per year doing it.

RVshare RVshare permits you to set 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, set it for rent on one of these websites.

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If you've got a spare bedroom in your home 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 favorite side hustle would be to use websites such as:.

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