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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 the Discover It card will earn 5 percent cash back on purchases in specific categories that rotate each month. I really like being able to rack up 5% cash back for things I need to purchase anyway, such as groceries and gasoline. .

Personally, I prefer cash back credit cards to travel benefits 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, 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 that are willing to pay you to open an account. Some banks will provide you a bonus simply for opening a checking 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 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 place your money to work but youre not comfortable picking and managing the investments yourself, a robo advisor might be a great fit for you. There are a growing number of companies offering these solutions. 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 support it will cost you $10 a month, fixed amount rather than a percentage of your investments.

Betterment is one of the most popular robo advisers. Betterment will direct you through personalized planning based on your personal situation, and then it will make a diversified portfolio and automatically rebalance it. The price is 0.25% off your pop over to this web-site 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 would be to automate the process. Acorns is an program which will 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 in case youd prefer to develop 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 car owners that want to generate some extra money. It might be a back window advertisement, panel, or full wrap. The ad 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 make some money without much effort is to rent your stuff out to other men and women. There are a whole lot of possibilities , and it really depends on what you have, and what you dont mind other people using. Fortunately, there are also several websites that enable you to record your items for rent, and web link make it effortless 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 clothing and accessories. If 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 items from cribs to toys to security gates. This can be an perfect side business, particularly if youre situated in a area that attracts a great deal of tourists and vacationers who might not have the ability to bring everything out of house.

Getaround and Turo These two sites enable you to list your vehicle for rent. Folks can rent out of you rather than going go to one of the major chains, and you can make a few thousand dollars per year doing this.

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

Boatsetter and GetMyBoat In case you've got 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 house you could 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 popular side hustle would be to use sites like:.

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