While I have discovered that by simply minimizing my spending habits have delivered the wonderful opportunity of paying down my debts, I have also discovered little techniques to increase my income. None of these are extreme income earners, but if every dollar earned has the potential to get me to my goal that much sooner then they are worth my time spent doing them.
We have a program here in Oregon called Bottle Drop. For each bottle or can that I deliver to the nearest facility I earn ten cents. I know it doesn’t sound like a lot of money but I don’t know anyone who spots a dime lying on the sidewalk doesn’t stop and pick it up. Each Saturday I deliver a bag or two of bottles and cans to the facility and the dimes are added to my account. After that I simply forget about them and wait until the end of the year to cash out. This is the first year I started doing this so come the end of this year I will cash out the account and deposit the amount into my savings account.
I have a Bank of America credit card which I use to make purchases when I need to and earn points that turn into cash. I usually wait until the points add up to 100.00 dollars then have a check sent to my house and deposit this amount into my savings account. As I make purchases with my credit card I am also strict about paying the credit card bill off each month in full as to not incur any interest. So last year I made a few hundred dollars as we made a few large purchases for airfare and hotel costs on trips that we had to make.
With just these small tasks I figure that over the span of 10 years it can quickly add up to a few thousand dollars and who couldn’t use a few thousand dollars, especially when you are working to pay down debt.
I know that in the world of frugality there are many others who have discovered ways to add a little Bonus Income to there lives and I would love to here about them all.