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I also have other credit cards that earn higher percentages of cash back for certain purposes. The Chase Freedom card and also the Discover It card will earn 5 percent cash back on purchases in specific categories that rotate each month. I really like being able to stand up 5% cash back to things I need to purchase anyway, such as groceries and gas. .

Personally, I prefer cash back credit cards to travel benefits because 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, visit 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 provide 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 effortless method 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 customers).

If you want to place your money to work but youre not comfortable picking and managing the investments yourself, a robo advisor might be a great fit for you. There are a growing number of companies offering these services. 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 view Bloooms recommendations. In the event 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 advisors. Betterment will direct you through personalized planning based on your personal situation, and then it company website will make a diversified portfolio and 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 perform the job for you.

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One way to invest and make money passively would be to automate the procedure. Acorns is an program which can invest your spare change . When you make a purchase it'll round up to the next dollar and invest the difference. You can even set up automatic recurring investments in case 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 a few different companies out there that meet up advertisers with car owners that want to make a little extra money. It could be a rear window advertisement, panel, or full wrap. The ad will be removable, will not damage your car, and theyll really install it to you.

Some of the largest companies in this industry are:.

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One approach to make some money without much effort would be 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 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 baby things.

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

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BabyQuip At Learn More BabyQuip you can rent all kinds of baby items out of cribs to toys to security gates. This can be an ideal side business, especially if youre located in a area that attracts a lot of tourists and vacationers who might not have the ability to bring everything from home.

Getaround and Turo These two sites allow you to list your car for rent. People 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 permits you to set an RV for rent, which can be a potentially lucrative side hustle.

Boatsetter and GetMyBoat If you've got a boat that you dont use very often, set it for rent on one of these websites.

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When 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 could be a local school student, a single person looking for a cheap place to live, or you might rent it out nightly. A favorite side hustle would be to use sites like:.

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