Friday, July 1, 2016

June side hustles 2016

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.  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.

Welcome to July,
As usual, the month of June just seemed to blow past us.  Time is so precious and it definitely motivates us to work hard to save and invest for our future.  We enjoy our jobs, but we definitely don’t want to be working forever.

The big news of the month is that our son turned 1 year old! It’s amazing how fast he’s growing.  Every week or two he hits a new milestone or has a new development in his motor and verbal skills.

Here’s our monthly summary of side income that we have generated in the previous month of June.

Award Travel
On 6.1, we redeemed 327,250 KrisFlyer miles and paid $169.26 for two round trip Business Class flights!  This saves us a conservative amount of $1,524 after taxes and fees. 
On 6.10, I redeemed 15,000 Chase Ultimate Rewards points and paid $15.50 for a free flight for my father to join us in Tokyo when we go for vacation next year.  This saves us $336.50 after taxes and fees.

Cash back
On 6.26, I received a $25 statement credit on my AMEX Blue card from AMEX Offers (spend $100 at Staples and get $25 back)
On 6.26, I received a $25 statement credit on my AMEX SimplyCash Business card from AMEX Offers (spend $100 at Staples and get $25 back)

Search and Win
On 6.8, I discovered that both of our Swagbucks accounts were deactivated!  I’ve read that sometimes Swagbucks decides to deactivate accounts when they deem that the customer is not profitable enough.  They were probably mad that we kept earning free Amazon gift cards for minimal work.  Oh well, we have better things to do with our time.  It was good while it lasted.  If you have unredeemed points, I suggest cashing them out whenever you have enough for gift card credit.

Paid surveys
On 6.5, I received $5 Amazon gift card from Pinecone Research.

Side Job
On 6.20, I received a check for $275 for teaching at the local university

Rental Income
On 6.4, we received a net profit of $430 from our rental property.
On 6.1, I received a check for $600 from our temporary housemate.

Miscellaneous Income
On 6.2, I received checks totaling $77.12 for disputing my property value for calculating property tax.

Monthly Totals:
Our side hustles continued to bring in extra income for us in June.
We saved a conservative estimate of $1860.50 on airfare due to using points to pay for our flights
We received $50 worth of cash back
I earned $5 worth of Amazon gift cards from Pinecone Research
I earned $275 for teaching at the local university
We earned $1,030 from rental income
We earned $77.12 for disputing our property value for a reduction in taxes

All of this totals $3,297.62 from our side hustles for the month of June. Not a bad month!  It’s getting harder to find more time for these hustles, especially while trying to make time to spend with the family.  Every hustle counts. 

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