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

Personally, I prefer money back credit cards to travel benefits since I find the points system on a great deal 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 find 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 give you a bonus simply 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 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 put your money to work but youre not comfortable picking and managing the investments , a robo advisor might be a great match for you. You will find a growing number of companies offering these services. 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. In the event you choose to use their service it will cost you $10 per month, adjusted amount rather than a percentage of your investments.

Betterment is one of the most popular robo advisors. Betterment will 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 earn money passively is to automate the procedure. 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 if youd prefer 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 that meet up advertisers with car owners that want to generate a little additional money. It could be a back 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 more tips here the biggest companies in this industry are:.

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One way to earn some money without a lot of 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 a number of 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 just about 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. In case you have 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 items from cribs to toys to safety gates. This can be an perfect side business, particularly if youre situated in a region which attracts a lot of tourists and vacationers that read this might not have the ability to bring everything out of home.

Getaround and Turo These two sites 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 make a couple thousand dollars per year doing it.

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

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

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When 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 might rent it out nightly. A popular side hustle is to use sites such as:.

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