Wednesday, August 1, 2018

Side hustles July 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 August!  How was your July?  This was one of our busiest months.  We spent almost every weekend getting together with friends to explore, eat food, and celebrate birthday parties.  
We took our son to the local children's museum where he got a chance to explore and play
Bounce houses are a great way to burn off energy!
Our so still loves running around every chance he gets.  When it's not too hot, we go for walks regularly.  He has been having a lot of fun at our local playground and jungle gym.  
It’s been quite hot here in Southern California.  We are lucky to have access to our community pool (since we pay homeowner’s association dues).  Our son loves splashing around in the water.  Our friend also invited us over to their home to go swimming.  
As soon as life settles down a bit with our baby, we will get swimming lessons for our son.    
One of our big wins this past month was that my wife was able to snag a free Pottery Barn teepee off one of her mommy Facebook groups.  
Our son loves his new little teepee!  This saved us $179, not that we would be spending this amount of money on him though!
It’s been a joy watching our children grown.  Our daughter just turned 7 months old.  It’s amazing how fast time flies.  She can sit up, eat solid foods, and burp on her own.  Abby has warmed up to our daughter.  
I love seeing our kids play with each other!  There are times when things get very hectic and crazy at home, but it keeps our lives exciting.
Here’s our monthly summary of side income that we have generated in the previous month of July.
Cash Back
On 7.2, 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 for debit card purchases.
On 7.23, I received a $20 statement credit in my AMEX SimplyCash business credit card.  The 10% cash back on purchases made at Staples is still going on (up to $100 in total statement credits until 11.30.2018).  I used my credit card to buy $200 worth of Amazon gift cards.
On 7.25, I received a $24.50 statement credit in my AMEX SimplyCash business credit card for cash back earned with normal purchases. 
On 7.29, I received another $20 statement credit in my AMEX SimplyCash business credit card.  I used my credit card to buy $200 worth of Amazon gift cards, earning 10% back.  We mostly use Amazon to purchase everyday items, saving us a trip to the store. 

Survey Income
On 7.2, I received a $50 Amazon gift card for doing a medical survey from GLG. 
On 7.12, my wife received a $30 Amazon gift card for doing a Amazon Preview survey.
Rental Income
On 7.5, we received a net profit of $430 from our rental property.

Side Jobs
On 7.9, I received a check for $325 for teaching at the local university. 

Miscellaneous Income
On 7.4, I received a $5 Amazon gift card from MyPoints.
On 7.12, I received a check for $674.44 from consultation income.

Monthly Totals:
We earned $74.73 from cash back
My wife earned $80 from survey income
We earned $430 from rental income
I earned $325 from my side job
I earned $679.44 of miscellaneous income

All of this totals $1,589.17 from our side hustles for the month of July.  It’s great to bring in this extra income while having a fun and busy month.  I don’t see our lives getting more relaxed any time soon, especially as our kids get older.  I'm constantly on the lookout for other opportunities to boost our income.

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