Bonus Income

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.

About SimpleLivingOver50

At 53 years old I am starting to realize how life changes both physically and emotionally. I strive for a life of simplicity. I am winning the battle with type II diabetes, created a plan to have all debt paid off in 4 years including the house, taking advantage of every opportunity to live life to it's fullest through adventures in nature, hiking, biking, loving and learning.
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10 Responses to Bonus Income

  1. Herb & Kathy says:

    We have already taken the plunge, retired, and travel full time while workamping across the country. I admire your dedication to your goal. We find ourselves conserving wherever we can, and it’s actually become kind of a game to see how little we can spend over the next week or so. We don’t do it always, but as you say, every little bit helps. Keep up the good work.

  2. kkeevins says:

    😂 I can’t believe you posted this! I drink a LOT of of bottled water — a lot. I place my empties into the recycling can at the side of my house. Every Thursday night, I bring it out to the curb, as Friday is my recycling day. I think I’m doing a good thing for the planet! Last week, while parking my car in the lot of the supermarket, I noticed two people going into the “bottle area” of the store with black garbage bags filled to the brim with empty bottles. “What a waste of time,” I said out loud. Today, after reading your post, I said — “You’re a genius, Kathy. Not only are you wasting time filling the recycling bin, you’re wasting $$$.

    Ok Bill. I give up 😂 I’m saving my cans and bottles and depositing them where both the planet and my wallet will benefit. As usual — thanks for the tip!
    –Kathy from:
    Diaryofadedicateddiabetic.wordpress.com

    • Awesome Kathy! Yea, like you I had been putting my bottles and cans at the curbside for the last several years. Not anymore. If for anything else it will make a good Christmas Club type of savings plan for the end of the year.

  3. I had never seen a bottle/can return store until today. I’m visiting Boston and we drove by one. What a great idea. We did this when I was a kid; collect bottles and get 3 cents per at the corner store. I’m glad this is still happening.

  4. Brewski says:

    G’day from Australia!

    I live in South Australia where for years we have a state run scheme for bottle and can recycling. I have been using this as a small supplementary income, my kids even keep an eye out for cans and bottles.

  5. Thats a strategic smart way of saving up a bit more. Very interesting post.

  6. Canuck Carl says:

    In my part of Canada we are given 10 cents for every beer can or bottle and 20 cents for a liquor bottle. I don’t drink, but in the spring after the snow melts, there are a lot of empty cans and bottles to be found along the roadside. Make me wonder how many of these empties are from people drinking and driving.

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