Last week was the best week I’ve had since I started tracking my beer money income. I earned over $150 dollars. I did this with a bit of luck on the timing of my payouts and by combining every beer money method I’ve learned up until now. This past week I worked on survey and task sites, got paid a few dividends, used reverse stock split arbitrage, and I earned $101 dollars from churning!
When it comes to finance, churning typically has a negative connotation. A subreddit, r/churning, has turned it into something positive. Their tagline is: A place to learn and talk about credit card rewards. But it could also be used to refer to bank account as well as brokerage sign up and deposit bonuses. Essentially, a bank will give you a sign on bonus for opening an account and depositing money. The best site I’ve found that aggregates these offers is Doctor Of Credit.
I waded through the offers listed on Doctor Of Credit and crunched the numbers to see which would apply to me and how to maximize my income. I believe I’ll be able to get about $1000 dollars before the end of this year just by moving money around and keeping track of the requirements. There’s a decent payout with limited effort.
I am glad I took the time research more opportunities because even though I didn’t hit my income goals these past few weeks, I have tripled my income this week and more than made up for it.