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Supplementing Your Income with Side Hustles - $15,000 US a year
#73

Supplementing Your Income with Side Hustles - ,000 US a year

New hustle for 2014: found a great arbitrage opportunity that ends up netting around 4% in cash back. Use a 5% cashback card, buy Vanilla reload cards at drugstores and supermarkets for a 1% fee and then pay off the initial credit card fee with the money. Looking to cycle around $15k-$20k a month which hopefully should net around $800 profit monthly. Doubly nice because cash-back is considered a "discount" as opposed to taxable income so the $800 is more like $1000 if you took into account the 25% tax haircut.

Again, this isn't life changing money, but an easy way to supplement an already fun lifestyle.
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