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

Personally, I prefer money back credit cards to travel rewards because I find the points system on a lot of travel rewards cards to be confusing. But many people enjoy being able to earn points on travel rewards cards. If thats the case for you, see this page to see an updated list of the best travel rewards credit cards. .

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Credit card companies arent the only ones that are willing to pay you to open an account. Some banks will give you a bonus only 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 little 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 clients ).

If you want to place your money to work but youre not comfortable picking and managing the investments yourself, a robo adviser could 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 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, 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 make a diversified portfolio and rebalance it. The cost is 0.25% off your balance, annually.

In relation to being passive, it doesnt get much more passive than allowing technology to do 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'll round read what he said up to the next dollar and invest the difference. You can also set up automatic recurring investments if youd prefer to develop your account faster. .

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 that meet up advertisers with car owners who want to make some extra money. It might be a rear window advertisement, panel, or full wrap. The advertisement will be removable, will not damage your vehicle, and theyll actually install it for you.

Some of the largest companies in this industry are:.

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One approach to earn some money without much effort would be to rent out your stuff to other people. There are a lot of possibilities , and it really depends on what you've got, and what you dont mind other people using. Fortunately, there are also a number of sites that enable you to list 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 baby items.

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Style Lend At Style Lend you can rent womens fashion items, like clothing and accessories. In case you've got a cupboard 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 from cribs to toys to safety gates. This can be an ideal side business, especially if youre located in a region that attracts a lot of tourists and vacationers that may not have the ability to bring everything out of home.

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

RVshare RVshare permits you to list an RV for rent, which can be a potentially lucrative learn the facts here now side hustle.

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

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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 space. It could be a local school 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 websites why not try this out like:.

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