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

Personally, I prefer money back credit cards travel rewards since I find that 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 give you a bonus only for opening a checking account or savings account. Again, this isnt something that youre going to do all the time, but it is an effortless method to produce a small amount of 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 put your money to work but youre not comfortable picking and managing the investments , a robo adviser could be a great fit for you. There are a growing number of companies offering those solutions. 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 see Bloooms recommendations. If 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 most popular robo advisors. Betterment can lead you through personalized planning based on your personal situation, and then it will make a diversified portfolio and automatically 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 earn money passively is to automate the process. Acorns is an app which can invest your spare change . When you make a purchase it will round up to the next dollar and invest the difference. You can even set up automatic recurring investments if youd prefer to grow your account faster. .

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

There are a few different companies out there which meet 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 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 others using. Fortunately, there are also a number of sites that allow you to list your items for rent, and make it easy for renters to find you. .

Fat Lama In Fat Lama you can rent just about 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 clothing and accessories. In case you have a cupboard full of nice clothes this can be a nice, simple 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 ideal side business, particularly if click for info youre situated click to investigate in a region which attracts a great deal of tourists and vacationers who might not have the ability to bring everything from home.

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

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

Boatsetter and GetMyBoat If you've got a boat that 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 house you could make some money without too much effort by allowing someone to rent the space. It could be a local college student, a single person looking for a cheap place to call home, or you could rent it out nightly. A favorite side hustle would be to use sites such as:.

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