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

Personally, I prefer money back credit cards travel rewards since I find 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 find an updated list 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 or savings account. Again, this isnt something that youre going to do all the time, but it's an effortless method 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 clients ).

If you want to place your money to operate but youre not comfortable picking and managing the investments yourself, a robo adviser might be a good match for you. There are a growing number of companies offering these solutions. 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 find a free analysis of your 401(k) to view 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 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 earn money passively would be to automate the procedure. Acorns is an program that can invest your spare change automatically. 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 if youd like to grow your account quicker. .

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 that meet up advertisers with automobile owners that want to make some additional money. It could be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your car, and theyll really install it for you.

Some of the Website largest companies in this industry are:.

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One way to earn 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 here, and it really depends on what you have, and what you dont mind other people using. Fortunately, there are also several websites 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 infant things.

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Style Lend At Style Lend you can rent womens fashion products, like clothes and accessories. If you've got a cupboard full of nice clothes this can be a nice, easy side hustle for you.

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BabyQuip In BabyQuip you can rent all kinds of baby things out of cribs to toys to security gates. This can be an perfect side business, particularly if youre situated in a area that attracts a lot of tourists and vacationers that might not have the ability to bring everything from house.

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 this.

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

Boatsetter and GetMyBoat If you've got a ship that 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 home you could make some money without too much effort visite site by allowing someone to rent the room. It might be a local college student, a single person looking for a cheap place to live, or you might rent it out nightly. A popular side hustle would be to use websites like:.

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