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

Personally, I prefer cash back credit cards to travel benefits since I find that the points system on a lot of travel rewards cards to be confusing. But many people love 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 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 the time, but it is an effortless way to produce 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 clients ).

If you want to put your money to work but youre not comfortable picking and managing the investments , a robo adviser might be a good fit for you. You will find a growing number of companies offering these 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 view Bloooms recommendations. If you decide to use their support it will cost you $10 per month, fixed amount rather than a percentage of your investments.

Betterment is one of the hottest robo advisors. Betterment can lead you through personalized planning based on your personal situation, and then it will make a diversified portfolio and rebalance it. The price is 0.25percent off your balance, annually.

In terms have a peek at this website of being passive, it doesnt get much more passive than allowing technology to perform the work for you.

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One way to invest and earn money passively would be to automate the procedure. Acorns is an app that will invest your spare change . When you Continue make a purchase it will round up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd like to grow your account faster. .

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

There are a few different companies out there that match up advertisers with car owners who want to make some extra money. It could be a rear window advertisement, panel, or full wrap. The ad will be removable, will not harm your car, and theyll actually install it for you.

Some of the biggest companies in this industry are:.

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One approach to make some money without much effort would be to rent out your stuff to other people. There are a whole 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 record your items for rent, and make it easy for renters to find you. .

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 products, like clothes and accessories. If you've got a closet full of nice clothing this can be a nice, simple side hustle for you.

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BabyQuip At BabyQuip you can rent all kinds of baby things from cribs to toys to safety gates. This can be an ideal side business, especially if youre located in a region which attracts a great deal of tourists and vacationers that may not have the ability to bring everything out of house.

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

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

Boatsetter and GetMyBoat In case you have a boat that you dont use very often, list it for rent on one of those websites.

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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 room. It might 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 is to use websites like:.

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