Saturday, July 1, 2017

Side hustles June 2017

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.

Once a month (usually on the 1st), I like to post a short summary of our financial and personal situation for the previous month

Welcome to July, did everyone have a prosperous June? 

On June 6th, our son turned 2 years old!  He is growing so fast and is quite the rascal now.  We celebrated our son’s second birthday by taking the day off and enjoying a family visit to the Long Beach Aquarium of the Pacific.  Our son absolutely loved to run around and see all of the sea creatures.  
He was especially excited to see “Dory” the blue tang (from Finding Nemo and Finding Dory movies).  
The price of admission for 2 adults after discount through work came out to be $43.96.  It was great visiting the aquarium on a weekday because it wasn’t very crowded.     

In other exciting news, we just found out that my wife is pregnant with our second child!  
Baby number 2 is expected to join us this upcoming December 2017.  Three years ago, I wrote a post about my initial feelings about having a child.  I just re-read it and I still feel a similar amount of excitement and anxiety.  Having raised one child, I definitely feel much more confidant about raising another one. 

Since we don’t have family living close by, we will have to raise our kids by ourselves.  My wife will aim to take about 5-6 months off work if possible.  I will take the first month off work as well to help raise our second child.  Our son Benjamin really enjoys his daycare.  He’s been there since he was 6 months old, and now his brother or sister will be joining him.    

Here’s our monthly summary of side income that we have generated in the previous month of June.
Side Job
On 6.26, I received a check for $325 for teaching at the local university.

Rental Income
On 6.4, we received a net profit of $430 from our rental property.

Monthly Totals:
I earned $325 from my side job teaching at the local university
We earned $430 from rental income

All of this totals $755 from our side hustles for the month of June.  While we didn’t bring in as much side hustle income over this past month as we have in the past, an extra $755 is still nice to have.  My side job teaching continues to be very enjoyable and rewarding for me.  I usually set aside 4 hours once or twice a month to teach at the local university. 

We continue to save and invest much of our income as we strive to reach financial freedom.  With a second child on the way, we'll be ramping up the savings even more.  Every dollar counts.  

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