Happy New Year! Welcome to January 2020! On New Years Eve, I had dinner and hung out at a friend’s house, then came home to fall asleep before 10:30pm. I’m sure parents with young kids can relate – sleeping early is a luxury. Did you have a good December?
It’s
been quite a busy month for us and I expect that we will continue to spend more
time doing family activities. December
has been such a joyous month. We had
plenty of holiday parties with friends, office coworkers, and family. Our kids are finally starting to play nicely
with each other. It’s been fun watching
the two of them entertain each other and come up with activities to do
together.
We
visited the Aquarium of the Pacific in Long Beach 3 times this month. Our kids love exploring the different sea
life exhibits and playing with the toys in the gift shop.
No
December is complete without making gingerbread houses!
It’s
been a bit cold and we’ve had a few rainy days.
Whenever possible, we still try to get our kids outside to explore our
neighborhood and visit the playground.
My
in laws had to change their holiday plans to visit us this Christmas last
minute. Credit card points allowed my
wife and son to fly and visit for nearly free.
I could not leave my office due to short notice and so I spent 5 days
bonding with my daughter.
We
had a great time visiting the Children’s Museum at La Habra. Since we have passes here, we probably visit at least once a month.
I
took my daughter to visit Petco to see all the fish, turtles, reptiles, guinea
pigs and birds. It’s like a free visit
to the zoo!
I
also took my daughter to the Natural History Museum
of Los Angeles. Admission is free
for California teachers (I teach part time as one of my side hustles) and
children under 2, so we both got in for free!
This museum has a ton of taxidermy animal exhibits, gemstones as well as
dinosaur bones on display. My daughter
loved it!
Next
to the Natural History Museum is the California Science Center,
another fantastic place to visit.
Admission is free (because exposure to science should be free for
everyone), but they do accept donations.
My daughter wanted to hang around the kelp forest and sea life exhibits on this visit.
I
am looking forward to brining my wife and son to the Natural History Museum and
California Science Center this month!
Here’s
our monthly summary of side income that we have generated in the previous month
of December.
Cash Back
On 12.3, I received a $7 statement credit on my Chase Freedom card from Chase
Offers. This promotion was for 10% back
on purchases made at Petsmart.
On 12.9, my wife received a $10 statement credit on her AMEX Gold card from AMEX
Offers. This was for $10 back after
spending $25 or more at Yardhouse.
Rental Income
On 12.5, we received a net profit of $450 from our rental property.
Survey Income
On 12.3, I received a $70 check from My Impact Network for completing a medical survey.
On 12.23, I received a $20 check from E-Rewards Medical for completing a medical survey.
On 12.28, I received a $25 check from My Impact Network for completing a medical survey.
Miscellaneous Income
On 12.4, I received a $5 Amazon gift card from MyPoints.
On 12.4, I received a $5 Amazon gift card from MyPoints.
On 12.7, my wife sold a piece of unused
furniture to a coworker for $25 cash.
On 12.12, my wife received a $3 Amazon gift card from the Amazon
Early Reviewer Program.
Monthly Totals:
We earned $17
from cash back
We earned $450 from rental income
I earned $115
for completing online surveys
We earned $33 of miscellaneous income.
We earned $33 of miscellaneous income.
All of this totals $615 from our
side hustles for the month of December!
Our total side hustle income for 2019 was $14,181.54!
Side hustle totals:
This is now the 6th
year that we have been tracking our side hustle income. Here are the numbers:
In 2019, we earned $14,181.54
In 2018, we earned $14,802.47
In 2017, we earned $15,307.76
In 2016, we earned $24,195.44
In 2015, we earned $19,178.54
In 2015, we earned $19,178.54
In 2014, we earned $28,633.42
In the past, one of
our biggest income producing side hustles was renting out our extra rooms to
local students. That extra income helped
us save up enough money to purchase our rental property and aggressively invest
in stock market index funds. When our
kids get older, we may consider house hacking again.
This has been a big
year for our family on our journey towards financial freedom. This past year, our
investments surpassed 500K! Whether
the market continues to soar or whether we hit a recession, we will stay
invested in the market. We are getting
closer and closer to financial freedom.
When 2019 started, I
wanted to focus more on being in the moment and practicing more gratitude. I try to remind myself daily not to let a
wandering mind reduce my happiness. This
past year we have spent so much time doing fun activities with the family. We’ve put much more value on experiences than
material things. My wife has been
proficient at purchasing used clothes from Facebook Marketplace and other used
clothing apps (such as OfferUp and 5Miles).
Our kids are growing so fast it doesn’t make sense to buy them fancy
brand name clothing.
As our children get
older, spending time with them has become a much more important priority than
hustling for more income. I’m glad that
we were able to invest aggressively prior to having kids.
I am looking forward
to seeing what 2020 will bring. I’ve
been blogging for 8 years and it has helped us track our journey towards
financial freedom. This year I want to
focus more on reading for pleasure. It’s
so easy to waste a bunch of time on the Internet browsing sites such as Reddit. I want to take advantage of my library card
and put it to good use.
Let’s make 2020
another fantastic year!
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