The great thing about doing side hustles to generate extra income is that you can hustle on your own terms. The more hard work, time, and creative effort you put in, the more extra money you can make. You can hustle as little or as much as you want, whenever you want. It’s your extra money, and you can choose how you want to spend it.
Welcome to August, the start of another brand new month. Are you meeting your financial goals? Are you swimming in the deep end of debt? Are you barely making ends meet, living paycheck to paycheck? Or are you on the fast track to reach financial freedom?
Earning on the side is a great way to pay off debt, earn more income, and save more money to invest.
Not all of the following side hustles may be applicable to you. Instead of focusing on what ideas don’t apply to you, try focusing on different side hustle ideas that you can implement to work for your situation.
Here’s our monthly summary of side income that we’ve generated in the month of July. It’s been a big month.
On 7.20, I redeemed 50,000 American Airlines miles and $10 for $1444 worth of travel. I wrote about it here. I used Kayak.com to conservatively estimate the value of our award flight redemption. After paying $10 in fees, we saved $1434 towards free travel. Because we have American Airlines credit cards, we earned 5,000 miles refunded back (10% bonus deposit of miles).
On 7.27, I redeemed 60,000 United Airlines miles (converted from Chase Ultimate Rewards points) and $71.40 for $651 worth of travel. I wrote about it here. I used Kayak.com to conservatively estimate the value of our award flight redemption. After paying $71.40 in fees, we saved $579.60 towards free travel.
On 7.8, I received $25 cash back at Costco from American Express offers after buying a Costco gift card.
On 7.13, I received $20 cash back at Amazon .com from American Express offers after buying an Amazon e-gift card.
On 7.30, I received a $200 statement credit and 100,000 American Airlines bonus miles for signing up for the Citibank American Airlines Executive credit card
On 7.31, my wife received a $100 cash back statement credit on her Barclaycard Arrival Plus World Elite MasterCard
Search and Win
On 7.2, my wife received a $5 Amazon gift card from Swagbucks
On 7.4, I received a $5 Amazon gift card from Swagbucks
On 7.18, I received a $5 Amazon gift card from Swagbucks
On 7.28, I received a $5 Amazon gift card from Swagbucks
On 7.5, I received a $5 Amazon gift card from Bing Rewards
On 7.17, I received a $5 Amazon gift card from Bing Rewards
On 7.18, my wife received a $5 Amazon gift card from Bing Rewards
On 7.28, I received a $5 Amazon gift card from Bing Rewards
On 7.16, I received a $3 PayPal deposit from PineCone Research
On 7.21, I received a $3 PayPal deposit from PineCone Research
Survey Savvy lately
On 7.12, I received a $275 check from the local university. This side job has been extremely fun and fulfilling.
On 7.1, I received a $550 check from our one housemate who is leaving in a few weeks. We have 2 new housemates joining us later this month so the rental income will continue.
On 7.2, I received a $14.29 check from a Naked Juice Settlement
On 7.15, I received a bonus for productivity at the office of $1663.80
July was yet another pretty productive side hustle month.
We earned $345 credit card cash back, plus earned a 100,000 American Airlines mile bonus.
We earned $40 worth of Amazon gift certificates from Search and Win sites Swagbucks and Bing. While this isn’t a huge amount of money, it’s great for buying necessities like dog food and toiletries from Amazon.
We earned $6 in cash from paid surveys.
I earned $275 from my side job teaching
We earned $550 from rental income from our one housemate
We earned $14.29 of miscellaneous income from a settlement claim
I earned a $1663.80 bonus for office productivity
We saved $2013.60 (after fees) in vacation travel by using up 45,000 American Airlines miles (50,000 - 5,000 mile refund) and 60,000 United Airlines miles.
All of this totals $4,907.69 from our side hustles for the month of July, our new best month documented to date!
We’re already looking forward to another month of more side hustles.