Last week at this time, I was about half way through an 83-mile ride with 4000 feet of elevation climb. Anyone who says Iowa is flat has clearly never ridden a bicycle through the southern sections… I didn’t post an Ask the Readers last week, focusing instead on staying upright on the half-mile-long climb that I believe is second only to Mt. Everest in steepness. However, the week before, I asked about your side hustle. What do you do to make money on the side?
Jake at Common Cents Wealth made money flipping sporting event tickets. I love this idea, because he made several thousand dollars doing almost nothing. He planned ahead, sold tickets to people who did not, and profited. Nice job, Jake!
CJ at The Great JollyHoombah actually gets paid to teach people music. One gig he does online, and the other he does at the community college. While this is awesome for him, I would make zero money on this, owing to my complete lack of musical talent.
Nick at ayoungpro.com gave me an answer that makes my heart beat just a little bit faster. He flips things he finds at garage sales. I could do that! I love garage sales, and any excuse to go to them is welcome!!! Now, the trick is to find things that other people want, too. I did just sell our baby bike seat for $30 that I bought at a garage sale for $20. Nice money on a flip, plus I was able to use it two or three times before the baby got too big.
Mrs. PoP from Planting our Pennies has a great side hustle – rental property. They own a duplex, and for most of the year the property requires very little work. I was so intrigued by this, that I asked her if she would write a guest-post that details her experiences with the rental. Be sure to check in tomorrow to hear her thoughts on owning rental property.
OK, so now for this week’s question, do you ever leave a penny? Last week, while on RAGBRAI, I made several purchases that resulted in coins being returned to me. I was wearing a bike jersey at the time, which has only 3 small pockets in the back. Bike shorts have no pockets, so I would put my change into the Leave-a-Penny, Take-a-Penny cup. Being
cheap frugal, this is difficult for me to do. I almost never utilize this particular cup, because I feel that if I don’t leave one from time to time, I shouldn’t take one either.
A penny isn’t worth much, but it adds up. I keep a jar for change by the washing machine, so when I am emptying pockets to do laundry, I just toss the change I find into the jar. When it fills up, I either take it to the bank (when I can find one with a change machine) or to Coinstar (if you choose to receive a gift card rather than cash, you don’t pay the 10% surcharge and Amazon.com is a gift card choice).
So, do you ever Leave-a-Penny? Do you take from the cup without depositing periodically?
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