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In addition, I have other credit cards that earn higher percentages of money back for certain functions. The Chase Freedom card and also the Discover It card will earn 5% cash back on purchases in specific categories that rotate every month. I love being able to rack up 5% cash back to things I need to buy anyway, like groceries and gasoline. .

Personally, I prefer money back credit cards travel rewards because 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 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 account or savings account. Again, this isnt something that youre going to do all of the time, but it's an easy 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 , a robo advisor might be a great match for you. You will find 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 see Bloooms recommendations. If you decide to use their service it will cost you $10 a month, adjusted amount rather than a percentage of your investments.

Betterment is one of the hottest 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 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 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 develop your account quicker. .

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

There are a few different companies out there which match up advertisers with car owners who want to generate a little extra money. It might be a back window advertisement, panel, or full wrap. The ad will be removable, will not harm your vehicle, and theyll really install it to you.

Some of the biggest companies in this industry are:.

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One way to earn some money without much effort is to rent your stuff out to other people. There are a lot of possibilities here, and it really depends on what you have, 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 effortless for renters to find you. .

Fat Lama In Fat Lama you can rent just about anything from electronics, to sporting goods, to infant items.

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Style Lend At Style Lend you can rent womens fashion items, like clothing and accessories. If you've got a closet full of nice clothes 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 from cribs to toys to security gates. This can be an ideal side business, particularly if youre situated in a area which attracts a lot of tourists and vacationers that might not be able to bring everything from house.

Getaround and Turo These two sites allow you to list your vehicle for rent. People can rent out of you rather than going to one of the major chains, and you can produce a few thousand dollars per year doing this.

RVshare RVshare permits you to set navigate to these guys an RV for rent, which can be a potentially lucrative side hustle.

Boatsetter and GetMyBoat If you've got a boat which you dont use very often, set it for rent on one of those sites.

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If you have a spare bedroom in your house you could make some money without too much effort 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 is to use websites such as:.

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