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In addition, I have other credit cards that earn high percentages of cash back for certain functions. Both the Chase Freedom card and the Discover It card will earn 5 percent cash back on purchases in particular classes that rotate every month. I love being able to rack up 5 percent cash back for things I need to buy anyway, like groceries and gas. .

Personally, I prefer money back credit cards travel benefits since I find that 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 see 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 simply for opening a checking account or savings account. Again, this isnt something that youre going to do all the time, but it's an effortless method to produce 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 customers).

If you want to place your money to work but youre not comfortable picking and managing the investments , a robo advisor could be a great match for you. There are a growing number of companies offering those services. Youll enter some information linked to your age, goals, and risk tolerance, and they will handle the rest.

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Blooom is a robo adviser that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to see Bloooms recommendations. In the event you choose to use their service it can cost you $10 per month, fixed amount rather than a percentage of your investments.

Betterment is one of the most popular robo advisors. Betterment can lead you through personalized planning based on your personal situation, and then it will create a diversified portfolio and rebalance it. The price is 0.25% 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 is to automate the procedure. Acorns is an app that will 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 if youd prefer to develop your account faster. .

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 match up advertisers with automobile owners that want to make some extra money. It could be a back window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your vehicle, and theyll really install it to you.

Some of the largest companies in this site web industry are:.

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One way to earn some money without much effort is to rent out your stuff to other people. There are a lot of possibilities , and it really depends on what you've got, and what you dont mind other people 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 At Fat Lama you can rent nearly anything from electronics, to sporting goods, to baby 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 out of cribs to toys to safety gates. This can be an ideal side business, particularly if youre situated in a area which attracts a lot of tourists and vacationers who might not have the ability to bring everything from house.

Getaround and Turo These two sites allow you to list your car for rent. Folks can rent out of you rather than going to one of the significant chains, and you can make a few thousand dollars per year doing it.

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

Boatsetter and GetMyBoat If you have a boat which you dont use very often, list it for rent on one of these sites.

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If you have a spare bedroom in your home you could 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 is to use sites like:.

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