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 March. Did everyone enjoy the short month of
February? This month sort of just flew
passed us. Time really flies and we
don’t want to work for the rest of our lives.
As usual, we spent the
month hanging out with friends and trying to find fun activities for our son. He’s growing so fast and it’s so easy to miss
out on his childhood. We’ve also spent a
lot of the month organizing things around the home. We’ve been selling, donating or discarding
any unused items that have been cluttering our home.
One big event for many
couples in the month of February was Valentine’s Day. It’s estimated
that people will spend around $140 for their significant other in 2017. When I was less educated about my finances, I
would feel pressure to spend money towards an elaborate display of affection
for my significant other. Nowadays, my
wife and I treat Valentine’s Day as just another normal day. There’s no point in spending money on each
other if we both share the same bank account.
We buy what we want, when we want, and celebrate our relationship on a
daily basis. The best Valentine’s Day
gift you can give your significant other is freedom from the stress of feeling
forced to spend money for this consumer holiday.
Here’s our monthly summary of side income that
we have generated in the previous month of February.
Cash back
On 2.26, my wife received a $300 statement credit on her Chase Sapphire Reserve credit card. This was to offset a purchase she made for the unlimited JR Pass, a railway pass we will be using throughout Japan on our upcoming trip. I love how the Chase travel credit activates automatically and is immediately credited to your account after your travel related purchase clears.
On 2.13, I received a $400 bonus deposited into my Citibank checking account (open new Citibank checking account and deposit $15,000). My wife received $400 last month from the same deal.
Paid surveys
On 2.6, I received $3 PayPal deposit from Pinecone Research
On 2.24, I received $6 PayPal deposit from Pinecone Research
On 2.27, I received $3 PayPal deposit from Pinecone Research
Rental Income
On 1.1, I received a
check for $700 from our temporary
housemate.
On 1.4, we received a net profit of $430 from our rental property.
On 1.4, we received a net profit of $430 from our rental property.
Miscellaneous Income
On 2.19, I sold an old
snowboard to someone in the neighborhood on Nextdoor
for $25.
On 2.26, we sold an
unused table on Nextdoor for $50.
Less stuff and more money, woo hoo!
Monthly Totals:
We earned $700 cash
back
I earned $12 from paid surveys
We earned $1,130
from rental income
We earned $75 miscellaneous income
All of this totals $1,917
from our side hustles for the month of February. Combining
increased income and less spending (due to pursuing a more minimalistic
lifestyle) is really going to supercharge our savings rate this year. Keep on saving consistently my friends!
