If you've kept up with me over the last few years, you know I like to take up frugal challenges. This season I have created a new challenge for myself. I'm attempting to pay for Christmas without using my family's reliable income. Everything from presents to Christmas decor and festivities! I have been actively working at it for a couple of months now (I wish I would have started a lot sooner) and so far I have pulled in over $300! By the way, though my family has been downsizing and selling things, none of that is included in the $300 I've made. Some of the extra money came from me actually having to work for it, but a lot of it came from passive income. That is, I made money when I was not actively working for it!
1) Receipt paying apps
There are also apps that pay for grocery receipts. The two I use are Ibotta and Checkout51. I have already gotten paid $10 through Ibotta and have almost $5 sitting in my account. I have over $7 sitting in my Checkout51 account.
Total made in receipt apps to date: In the last three months that I have downloaded and used all 4 of these receipt apps, I have made about $27. All I had to do was take pictures of my receipts!
2) Perk Points
Total Perk Points to date: I have redeemed $35 of perk points in Amazon gift cards thus far.
Total made in Ebates to date: I have shopped 2 more times online through Ebates since The Children's Place and booked a hotel for $120, redeeming $12 back. Between the shopping, hotel booking, and Target gift card, I have made $26.
4) Cash Crate
(Note: The earnings posted on the banner above are my actual earnings to date!)
5) Credit card (and debit card!) churning
This one was NOT for me when I opened my first credit card account 8 years ago! My husband and I have made some bad financial decisions in the past that we are still paying for, including getting our first credit card in order to buy our basic necessities when we were unsure of our financial future. In other words, my husband and I did not fully trust the Lord to provide for our basic needs when we were first married and have paid the price with credit card debt.
Since then, we have successfully paid off thousands of dollars in cc debt and have gone from being abused by the system to using it to our advantage. We now have a credit card that rewards us cash back for all purchases we make. I use it to pay for pretty much everything, including bills (as long as the biller does not charge a fee for cc usage) and pay it off immediately. I have earned $75 for successfully doing this since August. I also just opened a new checking account in order to redeem a $100 bonus offer (plus they pay 10 cents per transaction!). I plan on using this account for all purchases of $20 or less. I have another cc that I keep and rarely ever use that gave me $20 just for activating my card and using it for one purchase.
This is the easiest way by far to earn extra money, as long as you are financially responsible and do the math before deciding to sign up for offers and purchase things. If you feel you are responsible enough and want to get into cc churning, I highly recommend this article from Mr. Money Mustache. I also refer to nerdwallet.com for details of the current and better cc offers available.
Total made to date from credit card churning: Since August, I have made $195 between rewards on purchases and credit card/ debit card bonus offers.