Happy New Year and welcome to 2016! This past year has flown by so quickly for us, what about you? Did you do anything fun last night? For the first time in a long while, we stayed in and slept early. When you have a newborn at home, going out to party doesn’t sound very appealing.
This has been such a big year for our family. We picked up our first rental property and became new landlords. My wife gave birth to our son and we became new parents. We’ve already started investing in our son’s college education and saving money on childcare costs with a Dependent Care FSA. We’ve redeemed credit card miles and points towards free flights to Portland, San Francisco, Vancouver, Canada and even paid for my father to visit from Taipei, Taiwan with points. On the investing side, I hit a major milestone by reaching 100K invested in my 401K, and that balance continues to grow.
While 2015 has been a pretty flat year for the stock market, we continue to invest regularly with a long term outlook.
Here’s our monthly summary of side income that we have generated in the previous month of December.
On 12.1, I received a $50.20 PayPal deposit from Mr. Rebates cash back shopping portal
On 12.3, I received a $9.36 PayPal deposit from Giving Assistant cash back shopping portal
On 12.3, I received a $15 statement credit on my Chase Freedom credit card from a Visa Checkout promotion (spend $15, get $15 back)
On 12.13, I received a $10 statement credit from AMEX Offers on my American Express Premier Rewards Gold card (spend $50 at Diapers.com, get $10 back)
On 12.14, I received a $10 statement credit from AMEX Offers on my American Express Blue Cash card (spend $50 on cable internet services, get $10 back) Even though my bill is less than $50, I overpaid the bill up to $50 to earn the cash back.
On 12.16, I received a $15 statement credit from AMEX Offers on my American Express Blue Cash card (spend $35 at Walmart.com, get $15 back)
On 12.18, I received a $60 direct deposit in my checking account from cash back earned on my Citibank Double Cash card, which effectively earns 2% cash back on every purchase.
On 12.11, I received a $5 Amazon gift card from Swagbucks (500 points = $5 Amazon gift card)
On 12.30, I received a $3 Amazon gift card from Swagbucks (300 points = $3 Amazon gift card)
On 12.30, I received a $10 Amazon gift card from MyPoints (1,700 points = $10 Amazon gift card)
On 12.7, I received a check for $412.50 from the local university where I teach part time.
On 12.1, we received a net profit of $430 from our rental property
On 12.21, I received a $50 Visa gift card from Ford for a test drive promotion
On 12.22, my wife received the same $50 Visa gift card from Ford for a test drive promotion
On 12.24, I received a $300 statement deposit from Discover Online banking for their new Discover Cashback Checking account sign up bonus.
Our side hustles increased slightly in November.
We earned $169.56
We earned $18 worth of Amazon gift certificates from Search and Win sites
I earned $412.50 from my side job teaching at the local university
We earned $430 from rental income
I earned $400 from miscellaneous income
All of this totals $1,430.06 from our side hustles for the month of December. Are you doing any hustling on the side for extra income?
2015 Side Hustles Totals:
This is the second year now that I’ve been documenting our side hustle income. For 2014, we earned a total of $28,663.42 on the side. For 2015, we earned a total of $19,178.54! We didn’t earn as much on the side in 2015 as we did in 2014, but I think we still earned a respectable amount. Despite living frugally, side hustle money continues to help us live a rich life.
I hope you had a good 2015. May 2016 be abundant and prosperous for you in health, wealth, and happiness.