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

Personally, I prefer money 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 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 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 easy way 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 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 adviser that specializes in 401(k) accounts. You can get a free analysis of your 401(k) to view 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 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 price home is 0.25percent off your balance, annually.

In relation to 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 process. Acorns is an program that can invest your spare change automatically. 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 like to develop your account quicker. .

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

There are some different companies out there which match up advertisers with car owners that want to make some additional money. It could be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not harm your vehicle, and theyll actually install it for 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 of possibilities here, and it really depends on what you've got, and what you dont mind others using. Fortunately, there are also several websites that allow you to list your items for rent, and make it easy for renters to find you. you can check here .

Fat Lama In Fat Lama you can rent nearly 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 clothes and accessories. If you have a closet full of nice clothes this can be a nice, easy 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 safety gates. This can be an ideal side business, particularly if youre situated in a region that attracts a lot of tourists and vacationers that may not have the ability to bring everything out of house.

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

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

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

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If you've got a spare bedroom in your house you may 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 could rent it out nightly. A favorite side hustle is to use sites such as:.

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