Tuesday, May 1, 2018

Side hustles April 2018


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 personal and financial situation for the previous month.  Here I’ll share some of what’s been going on with our lives and our side hustles. 

Welcome to May!  Did everyone have a good month of April?  It’s been a busy and exciting month for us. 
The biggest thing that happened to me was that I decided it was finally time to get refractive surgery.  I have a high amount of myopia (nearsightedness) with my glasses Rx around -10.00 for my right eye and -11.00 for my left eye.  With 2 kids at home, I just got more and more tired of depending on my glasses and contact lenses to see well.  I’ve also become paranoid about the risks of not seeing well in the event of an emergency (such as an earthquake here in Southern California).  
One last picture of me in my thick glasses before surgery!
I decided to undergo a newer laser vision correction procedure called SMILE.  This surgery is slightly different from traditional LASIK in that there is no flap created.  Also, visual recovery from SMILE is much slower than LASIK, from a few weeks up until 3 months.  
I just had surgery last week and while my eyes feel slightly dry and irritated, my eyesight without glasses is fantastic.  It’s an amazing feeling to be able to wake up in the morning and not worry about where my glasses or contact lenses are.      
Our daughter is now 4 months old!  We are thankful that she is now sleeping well through the night.  Some nights she can stay asleep for up to 8 hours!  We are sad that my wife is going back to work this month.  It bothers me thinking about how most working individuals dedicate 5 out of 7 days of the week towards work, while only having 2 days to themselves.  This gives us more motivation to strive towards reaching financial freedom as fast as possible.
Our son will be turning 3 in a few months and it’s been such a joy watching him grow.  He’s accepted his younger sister as part of the family and has not shown any signs of jealousy.  He’s slowly learning how to communicate with us.  He loves books, Legos, music, and the outdoors.  His new favorite toy is a big brown box!  We have gone for walks almost every day this month.  He still loves playing with pinecones, ants, pill bugs, and flowers.

Here’s our monthly summary of side income that we have generated in the previous month of April.
Cash Back
On 4.9, I received $10.23 deposit in my Discover Cashback Checking account.  This is a 1% cash back on my mortgage payment for our rental property mortgage, which allows us to make payments with a debit card.

Rental Income
On 4.5, we received a net profit of $430 from our rental property.

Side Job
On 4.2, I received a check for $162.50 for teaching at the local university. 

Miscellaneous Income
On 4.14, I received a $5 Amazon gift card from MyPoints.  I continue to earn points from MyPoints just by clicking through email advertisements.   
Website Income
On 4.20, I received a direct deposit of $300 from Commission Junction.  Thank you all for your continued support of this website.  What started off as a hobby to track our financial progress is generating a fair amount of income. 

Monthly Totals:
We earned $10.23 from cash back
We earned $430 from rental income
I earned $162.50 from my side job teaching
We earned $5 from miscellaneous income
We earned $300 from website income

All of this totals $907.73 from our side hustles for the month of April.  It’s been a light month of side hustles for us.  I have some projects in the works that I hope will pay off soon.  In the meanwhile, we continue to earn, save and invest towards our financial freedom. 
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