Side job/side hustle ideas/recommendations to supplement income
- Thread starter ScottyP
- Start date
If you can find the right farmer, they probably have things you can do nearly year round. I know most guys are paying in that 20 to low 20s for part time hourly work. I honestly would hire you for things if you were NC Iowa, I know I have help popping up in a couple years but could use some in the mean time.
That's after all true expenses are figured up? Was always curious about these gig jobs and what the take-home pay was
Can not overstate the value of this concept. If you can knock $500 of expense off the monthly budget, that's same as bringing in ~$800 gross. Coupons, cheaper coffee, hyvee sale ad = what's for dinner this week, etc.
And a beater car... no payment, $50 annual registration, cheap insurance... its the most valuable worthless thing you will ever own LOL.
I had a math tutor in high school that was just an engineer at a local company. We met in the library before school. Could be an option for her.
Been awhile since I saw that movie and had forgotten about it, thankfully until now. It was bad.
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Always own a 4WD pick-up truck. Haul for $.
Mow lawns in summer.
Cut/sell firewood in fall.
Plow in winter.
Live life of voluntary simplicity if it suits you. Will keep costs down.
Steadily invest in equities.
Over the longer term, be sure - esp. if you are a DIY type - to take advantage of the fed tax code that makes any gain of up to $250k ($500k for couples) on sale of home you've lived in for at least 2 of past 5 years tax free. Keep rolling those gains.
Many years ago, I was looking to buy a hard-to-find Toyota FJ60 LandCruiser that I coveted. Ran an ad in papers seeking to purchase. Guy calls me up, says he'd just purchased one for $5k, would sell it to me for $6.5k. I drove to his beautiful mansion outside Baltimore to see it. Bought it, and he had a little trailer thing he could use to deliver it to me in DC area where I lived. I drove it for years and sold it for $8.1k to a guy who was going to flip it to Africa, where LandCruisers are highly sought after. Anyhoo, this guy in Baltimore was a retired college professor. His wife had a high paying job. So he quit that and spent his time flipping vehicles and their homes - they'd move every several years, each time into a nicer home using gains they rolled forward....
Mow lawns in summer.
Cut/sell firewood in fall.
Plow in winter.
Live life of voluntary simplicity if it suits you. Will keep costs down.
Steadily invest in equities.
Over the longer term, be sure - esp. if you are a DIY type - to take advantage of the fed tax code that makes any gain of up to $250k ($500k for couples) on sale of home you've lived in for at least 2 of past 5 years tax free. Keep rolling those gains.
Many years ago, I was looking to buy a hard-to-find Toyota FJ60 LandCruiser that I coveted. Ran an ad in papers seeking to purchase. Guy calls me up, says he'd just purchased one for $5k, would sell it to me for $6.5k. I drove to his beautiful mansion outside Baltimore to see it. Bought it, and he had a little trailer thing he could use to deliver it to me in DC area where I lived. I drove it for years and sold it for $8.1k to a guy who was going to flip it to Africa, where LandCruisers are highly sought after. Anyhoo, this guy in Baltimore was a retired college professor. His wife had a high paying job. So he quit that and spent his time flipping vehicles and their homes - they'd move every several years, each time into a nicer home using gains they rolled forward....
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Not sure if it has been mentioned here yet, but you should look at setting up a Dependent Care FSA if you don't already have one. Funds are withdrawn from your paycheck and deposited into the account before taxes are deducted. You can then use the funds from the account to pay for daycare. Many employers offer this, but I think you can also set up an individual account. We paid for our kids' braces and daycare entirely with untaxed income.
Day care is exorbitant. When we got to a certain number of kids and we’re going through chicken pox and having to constantly take off work for weeks (older boys were prevaccine), that’s when I just gave up and stayed home with them.
Are you set up to dog sit? If you have experience with dogs and a fenced back yard, we use the Rover app especially when going to football games. Our dog is still in the puppy phase and just doesn’t do well that long. You can pick the days and hours that work for you.
Are you set up to dog sit? If you have experience with dogs and a fenced back yard, we use the Rover app especially when going to football games. Our dog is still in the puppy phase and just doesn’t do well that long. You can pick the days and hours that work for you.
For me it is. Typically use no more than a 1/4 tank of gas an evening, and I know ‘my value’ and only accept orders that pay roughly $2-3/mile. Also the area i work in DSM is loaded with places using DD, so most trips are quick and easy.
Mind you my $100/evening statement is from going out on weekends, not weekdays.
The biggest perk to myself is that i can dash when my schedule allows.
Someone guesstimated your location, and I have to say, if your wife is making less than 40K as a sub, she should really think about a career change. For starters, childcare centers in the metro are DESPERATE for staff. Check out the Bright Horizons affiliated centers, like Mercy Child Development. I know they were recruiting hard for staff, and that employees get a discount for childcare. The added benefit (no pun intended) is that because it's a corporate chain, other benefits are built in that smaller places just can't afford. I also know that Casey's Corporate was looking for childcare workers for their in-house daycare recently. More than anything, though, DO NOT let your wife get sucked into MLM. I know it's tempting for women, but I know so many folks who have done it trying to make extra cash, and it invariably ends up costing them not only money but personal relationships.
yeah I caution against those. The value of your time + wear/use of vehicle doesn't make these as lucrative as they look.
What's scary is when you ask them what they make, considering fuel costs, vehicle depreciation, accelerated maintenance costs, etc few have actually sat down and done the math. For most, if/when you do, you probably make less than you would if you worked at McDs (unless one consistently makes good tip money).
Bright Horizons will also (at least ours) subsidize further education costs of their teachers.
It only works if you have a higher mileage but reliable/low-cost vehicle, to where the depreciation and costs aren't as accelerated. If you also work an area where the tips are consistently there it can definitely be worht the while, but it's hit or miss with the people I know who've done it.
