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.
Cash Back
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)
MyPoints
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)
Side Job
On 12.7, I received a
check for $412.50 from the local
university where I teach part time.
Rental Income
On 12.1, we received a
net profit of $430 from our rental
property
Miscellaneous Income
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.
Monthly Totals:
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.
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