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.
Award Travel
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.
Cash Back
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
Paid surveys
On 7.16, I received a $3 PayPal deposit from PineCone
Research
On 7.21, I received a $3 PayPal deposit from PineCone
Research
We haven’t spent much time on Opinion Outpost, i-Say,
or
Survey Savvy lately
Side Job
On 7.12, I received a $275 check from the local
university. This side job has been
extremely fun and fulfilling.
Rental Income
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.
Misc. Income
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
Monthly Totals:
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.
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