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I also have other credit cards that earn higher percentages of money back for certain functions. Both the Chase Freedom card and the Discover It card will earn 5% cash back on purchases in particular classes that rotate each month. I really like being able to rack up 5% cash back for things I need to buy anyway, like groceries and gas. .

Personally, I prefer cash back credit cards to travel rewards because I find that the points system on a great deal of travel rewards cards to be confusing. But many men and women love being able to earn points on travel rewards cards. If thats the case for you, see this page to see an updated list of the best travel rewards credit cards. .

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Charge 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 account or savings account. Again, this isnt something that youre going to do all of the time, but it is 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 customers).

If you want to place your money to work but youre not comfortable picking and managing the investments yourself, a robo advisor could be a great fit for you. There are a growing number of companies offering these solutions. 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 adviser that specializes in 401(k) accounts. You can find a free analysis of your 401(k) to view Bloooms recommendations. If you choose to use their support 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 direct you through personalized planning based on your personal situation, and then it will make a diversified portfolio and rebalance it. The cost is 0.25% off your balance, annually.

In relation to 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 program that can invest your spare change automatically. 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 develop your account quicker. .

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 which match up advertisers with automobile owners who want to generate some extra money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your vehicle, and theyll actually install it to you.

Some of the largest 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 men and women. There are a lot try this web-site 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 allow you to record your items for rent, and make it effortless for renters to find you. .

Fat Lama At 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 items, like clothing 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 At BabyQuip you can rent all kinds of baby things from cribs to toys to security gates. This can be an perfect side business, especially if youre located in a region that attracts a great deal of tourists and vacationers who may not be able to bring everything out of home.

Getaround and Turo These two sites enable you to record your car for rent. Folks can rent from you rather than going to one of the significant chains, and you can produce a few thousand dollars per year doing this.

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

Boatsetter and GetMyBoat In case you've got a ship that you dont use very often, list it for rent on one of those websites.

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When you've got a spare bedroom in your home you could make some money without too much effort by allowing someone to rent the space. 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 sites such as:.

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