Tuesday, September 1, 2020

Side hustles August 2020

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.  While I don’t often post articles, I am committed to documenting all of my side hustle income.  Here I’ll share some of what’s been going on with our lives and our side hustles. 

 

Welcome to September! Did you have a good August?  With all the fun venues like zoos, aquariums and playgrounds still closed, we are doing the best we can to keep our kids entertained.  Inside the house they are building forts with the couch cushions and are also enjoying hide and seek.  The kids are drawing with crayons and painting with watercolors.  We continue to check out a ton of books from the library for free. 

Our son got his first real Lego set and is quickly learning to follow directions and build his own creations.  He loves building something and then immediately having us help him take apart all of the pieces so that he can build something else.

It’s been pretty hot all month so we haven’t been able to go for family walks or spend too much time outdoors.  Looking forward to getting the kids outside more once the weather cools down.

Here’s our monthly summary of side income that we have generated in the previous month of May.

Cash Back

On 8.6, I received a $10.47 PayPal deposit from Mr. Rebates cash back shopping portal.
On 8.14, my wife received a $5 statement credit on her AMEX Gold card from AMEX Offers.  This was a deal for $5 cash back on purchases of $10 or more at local small businesses. 

On 8.16, I received a $0.64 statement credit on my AMEX SimplyCash business card from AMEX Offers.  This was a deal for 10% cash back on purchases made at Staples.  I needed some pens.
On 8.21, I received a $0.83 statement credit on my AMEX SimplyCash business card from my monthly cash back distribution.
On 8.22, my wife received a $5 statement credit on her AMEX Gold card from AMEX Offers.  This was a deal for $5 cash back on purchases of $10 or more at local small businesses. 
On 8.26, I received a $2.54 statement credit on my AMEX SimplyCash business card from AMEX Offers.  This was a deal for 10% cash back on purchases made at Staples.  I shipped a package through UPS from the Staples shipping department.

 

Rental Income

On 8.5, we received a net profit of $550 from our rental property.  Our tenants income situation has improved and they were able to make a full rental payment this month.

Survey Income

On 8.4, my wife received a $20 Amazon gift card from Amazon Preview for watching a movie and completing a survey about it.

On 8.21, I received a check for $30 from M3 Global Research for completing a medical survey
On 8.21, I received a check for $35 from E-Rewards Medical for completing a medical survey. 
On 8.26, my wife received a $3 Amazon gift card for finishing a review with Amazon Preview.


Miscellaneous Income
On 8.24, I received a check for $1,000 for consultation work that I do on the side.

 

Monthly Totals:

We earned $24.48 from cash back income

We earned $550 from rental income

We earned $88 for completing online surveys
I earned $1,000 of miscellaneous income

 

All of this totals $1,662.48 from our side hustles for the month of August!  How are your finances holding up?  I hope you have been able to continue saving and investing.  This stock market recovery has been nothing short of amazing.  We have already recovered from all of our stock market losses from the crash in March 2020 and are close to hitting new financial milestones.

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