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

Personally, I prefer money back credit cards to travel benefits since I find the points system on a lot of travel rewards cards to be confusing. But many men and women enjoy being able to earn points on travel rewards cards. If thats the case for you, see 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 give 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 is an easy way to make 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 advisor could be a good match 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'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 decide to use their support it can cost you $10 a month, fixed 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 make a diversified portfolio and automatically rebalance it. The price is 0.25percent off your balance, annually.

In terms of being see here 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 . 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 grow 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 which match up advertisers with car owners that want to generate some additional money. It could be a back window advertisement, panel, or full wrap. The ad will be removable, will not damage 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 a lot of effort would be to rent your stuff out to other men and women. There are a whole lot of possibilities here, and it really depends check it out 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 effortless for renters to find you. .

Fat Lama In Fat Lama you can rent nearly anything from electronics, to sporting goods, to baby items.

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Style Lend At Style Lend you can rent womens fashion products, like clothing and accessories. If you have a closet full of nice clothing 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 perfect side business, especially if youre situated in a area that attracts a lot of tourists and vacationers who might not be able to bring everything out of house.

Getaround and Turo These two sites allow you to record your car for rent. Folks can rent out of you rather than going to one of the significant chains, and you can produce a couple thousand dollars per year doing this.

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

Boatsetter and GetMyBoat If you've got a boat that you dont use very often, set it for rent on one of those websites.

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When you have a spare bedroom in your home you may 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 might rent it out nightly. A popular side hustle is to use sites such as:.

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