Money August 2017

Swagbucks $200 Million Spin And Win

The digital rewards site Swagbucks has hit $200,000,000 in cash and gift cards given back to it members. Since 2008, they’ve rewarded members for things we all do online, like shopping, watching videos, discovering deals, answering surveys, and searching the web.

$200,000,000 is a huge number, and to celebrate they’ve been holding a “Swago” promotion for the past week! If you’ve been playing, you’ve also been getting spins on their Spin & Win wheel. Starting at 9am PT/12pm ET today, you can start cashing in on those spins! The wheel will close at 9AM PT/12PM ET on Thursday, September 21st.

Every spin on the wheel results in either SB earned, entries into an Exclusive Limited Time Swagstakes or an exclusive Swag Up. Click here right now to start spinning!

**The SB options on the wheel will credit immediately. Please note, the SB you earn from the wheel will not count towards your Daily Goal meter. The Swag Ups will be live for a couple of weeks and will expire 15 days from the time they are applied to your account so there will be different expiration dates. Shop Swag Up Bonus: Make a qualifying purchase before October 1st and earn a 500 SB Bonus when your Shop & Earn SB Credits! Manual crediting of SB will not count. SB Local Swag Up: Earn SB from SB Local before October 1st and earn an additional 200 SB Bonus! Manual crediting of SB will not count. Must earn atleast 25 SB from your SB Local purcchase. to qualify for the additional 200 SB bonus. **All Swag Up and Double Search and Survey SB will credit back as Bonus SB which means they will not go towards your Daily Goal Meter

Money August 2017

$200 Million Swagbucks By The Numbers

The digital rewards Swagbucks just hit a major milestone – they have given their members over $200 million in cash and free gift cards since 2008! I use Swagbucks all the time to get free gift cards doing stuff I already do online, like shopping, answering surveys, watching videos, discovering great deals, and searching the web. To demonstrate how big a number 200 million really is, here are some fun facts:
Displaying Swagbucks $200 Million Fun Facts InfoGraphic.jpg
The previous was a sponsored post.
Money August 2017

Swagbucks Celebrating $200 Million With Swago


The digital rewards site Swagbucks is nearing $200,000,000 in cash and gift cards given back to it members. Since 2008, they’ve rewarded members for things we all do online, like shopping, watching videos, discovering deals, answering surveys, and searching the web.

Please note that this is a sponsored post. 

$200,000,000 is a huge number, and to celebrate they’re holding a “Swago” promotion starting Monday, September 11th at 9am PDT!

Swago is just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it. Here are a few tips:

  • Each square on your Swago Board will contain an action item to complete. They can be anything from getting a search win, completing a survey, or just visiting one of our popular stores!
  • Once you complete the action item in a particular square the square will change color signifying the action item is complete.
  • You have until 12pm PT/3pm ET on Tuesday, September 19th to mark off as many squares as possible so use your time wisely.
  • Be mindful of the patterns and their corresponding bonuses located on the right of your Swago Board. The patterns will vary in difficulty and bonus value. Once you’ve achieved a pattern, the corresponding “Submit” button will light up. You can have multiple patterns available for submission, however, you can only submit ONE pattern so choose wisely.
  • Each activity you successfully complete on your Swago Board will give you anywhere from 1-20 spins on the Spin & Win Wheel. PLUS, when you submit your board for a bonus you’ll get additional spins. The number of spins will depend on the pattern you complete. The wheel has all sorts of great prizes that you can win, and each spin is a winner!

The Spin & Win Wheel will not be available to use until 9AM PT/12PM ET on Tuesday, September 19th and will end at 9AM PT/12PM ET on Thursday, September 21st.

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus! That’s enough for a $5 gift card in their Rewards Store to the retailer of your choice.

Click here right now and click “Join” to get started! If you don’t already have a Swagbucks account, you’ll be able to quickly sign up; PLUS, if 300 SB before the first of next month, you’ll get a bonus 300 SB!

Money August 2017

How I Made Money Online In August 2017


In addition to the monthly post where I review my passive dividend income, my favorite post is the one where I look back and total up the money I made through online activities for the previous month. I love both of these posts. They might look back, but they are important building blocks for the future. I love that I made money online, because I can do so in my pajamas. Some (but not even the majority at this point) of my income is affiliate income that I earn when people sign up for programs that I promote on this site. I appreciate any help that my readers choose to give me. 

I have a day job, but my budget would be pretty tight without some extra money coming my way. This is where my online earnings come into play.

How I made money online in August 2017
How I made money online in August 2017

I first started looking into making money online after my kids started coming and my wife quit full-time work to stay home with them. My day job brought in less than $25,000 at the time, and I was working on a master’s degree. I then started a doctoral program and gave up the day job. It was a big, no a HUGE, risk, but the fact that I made money online helped me avoid some of the debt that I would have otherwise accumulated.

My first money-making site was CashCrate, then I moved to HubPages and Swagbucks, and the money-making opportunities just increased from there. From HubPages, I learned about Textbroker through a review, and this helped me earn even more.

Before I started this process, I’d never really made money online. I’d heard of people doing so, but I had no clue. Therefore, I started these reviews up again so that I can help any readers achieve some financial goals.

I can’t believe how many ways that I’ve made money online over the past few years. This process has added thousands of dollars to my income that I would not have otherwise made.

How I Made Money Online In August 2017

I found out a new option for making money online in August thanks to a like on a Twitter post I made. I also got some passive income from some writing I did several years ago. My nice earnings from Swagbucks continued. Here are the ways that I made money online in August 2017:

Swagbucks: $100.00
Earnably: $1.00 This was a new option for earning money online that I found in August. You can cash out on Earnably for BitCoin.
GiftHulk: $10.00 This gets more lucrative with bonuses the more you make.
CashCrate: $26.86
HubPages:$50.71 This is residual income I made from writing a few years ago. I get paid about once a year–passive income
EarnHoney.com: $5.00
Ibotta: $20.00 (Sign up with the link to the left and get your first $10 after making a qualifying purchase within a week.
Freelance Writing: $188.09

TOTAL ONLINE EARNINGS FOR AUGUST 2017: $401.66

I made money online from eight different streams. None of these were massive rivers of money, but they added up to more than $400! That’s pretty awesome. If I could put all of this into my IRA each month, I would be able to save nearly $5,000 over the course of a year, which would probably increase the passive dividend income that I can bring in by somewhere between $100 and $300.

This $400+ was better than the $327.19 that I earned in July. I’m not sure what I’ll make in September, but I know that I’ve already cashed out a bit with Swagbucks.

Set Up A Blog To Earn Some Income Online

One of the ways that I’m able to make a little bit of money each month is through this blog. While the money is not huge, it’s grown over the past year. It’s much easier to make money through a self-hosted blog than it is through a free platform. I had a couple of blogs before this one that did not make much money at all (it can take a while to build up $100 in Adsense income).

I recommend using WordPress, and WordPress recommends BlueHost for new bloggers. You can start to set up a blog with BlueHost via this link. While you’ll probably not make a huge amount at first , you can start to build up an income over time.

Reviews Of Money-Making Sites

Here are a couple of reviews that might help you decide which sites might work for you:

Earn Cash and Rewards with Swagbucks
Swagbucks is my favorite site to use to earn money. If nothing else, you can make money from searching the web.

Earning Money In Pajamas With GiftHulk

My Ibotta App Review
I use this when I go shopping. You can earn $10 for signing up with my link and getting your first rebate within a week. With cashouts starting at $20, you’d be more than halfway to redeeming for some PayPal cash!

How did you earn extra money online during August? Do you have any other options that worked? Let me know in the comments. I’d love to check them out!

Keep Up With My Progress

If you’d like to follow my progress each month, be sure to go to the top of the page and sign up for updates. You can also follow me on Twitter.  

Also, if you could share this latest update below via Twitter, Facebook, or any other social media platform, it would be much appreciated. I want to inspire others to improve their finances and show them some easy ways that they can do so. Just click on the “Share This” link at the bottom of this post!

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.

 

Money August 2017

Passive Dividend Income–August 2017

The month of August is not quite over, but the number of companies paying me passive dividend income is. One of my favorite options for earning passive income is dividends.

Of course, I have to work for the capital to invest, but the dividends come without any additional work on my part. They also provide more capital. I can then invest that additional capital to get even more passive dividend income. It’s a great cycle to say the least.

Passive Dividend Income Builds Up Slowly But Surely
My dividends continue to build slowly, but surely.

I started this blog with the title “Earn Money In Pajamas” because I wanted to earn money from home in my recliner. Dividends are the ultimate option for earning money in pajamas. The companies I own make money 24/7/365. Most of them pay me on a quarterly basis from the profits that they make. That’s an awesome concept that I really dig.

July was a low month when it came to dividend income, but August was much better. Two of my biggest payers provide me with income in the second month of each quarter. Without making you wait any longer, here it is:

My Passive Dividend Income For August 2017

Traditional IRA

AT & T (T)                                                                                  $24.50
Realty Income Corp. (O)                                                       $5.29
Omega Healthcare Investors (OHI)                              $32.00

401k

JP Morgan Equity Income R5 (OIERX)                           $3.41

TOTAL DIVIDENDS FOR August 2017:                          $65.20

This was just short of my record divided income in one month, which was set last December. This $65.20 was an increase of more than $21 in just three short months. This effectively is a whole hour of freedom when compared with my income from May. As I’ve noted before, I figure that I need $20 an hour to replace the benefit of an hour of my working income.

My first dividend report came exactly two years ago. In August 2015, I earned a whopping $0.64. I just made more than 100 times that two years later. While $65 and some change is not a huge sum, it’s way bigger than literally just some change. In 2015, my passive dividend income couldn’t have even paid for a pack of gum. Now I could eat out two or three times, depending on where I decide to eat.

My dividend income for August now brings my annual total up to $287.17, which is more than I earned all of last year. And I still have four months to go. I’ve updated my monthly passive dividend income page to reflect this new income.

Passive Dividend Income And Freedom

One of the things that I like the best about dividend income is the freedom that it could eventually provide. Should I ever get to the point that I could live off of dividend income, I’d officially have financial independence. I’m a long way away from that, but it’s a goal that I can shoot for.

With all of my purchases from August added in, my passive dividend income for the next 12 months should come in at $461.82. This would provide me with slightly more than 23 hours of freedom on an annual basis, which is slightly less than 2 hours a month.

This $461.82 should come in without any additional purchases and without any dividend raises. This is a very unlikely scenario. A dividend cut would actually be more likely even though I have companies that I believe will be around and making money for the long haul.

My dividend income for the month of August 2016 was only $13.29; therefore, I increased that total by more than $50 in just a year. While is not likely to continue over the long haul, it’s setting the foundation for where 10 percent increases will be more than the $50 year-over-year increase I just experienced. That’s pretty exciting to think about.

How did you passive dividend income measure up in August? Let me know in the comments.

If you’d like to keep up with my progress, be sure to sign up for updates in the email signup box near the top of the page or via the popup that asks you to sign up. You can also follow me on Twitter.

Disclaimer: I am not a professional financial advisor. I intend this information for informational and educational purposes only. Perform due diligence before investing in any equities. See my disclosures page for more information. I’m long O, T, OHI and OIERX.

 

Money August 2017

August Swago From Swagbucks


Swagbucks is holding their Swago promotion starting Monday, August 28th at 9am PDT! It’s just like bingo, but in this case you’re filling out squares as you earn points on their site for doing things you already do online. If you’re thinking of trying Swagbucks, this is a great chance to learn all about how the site works and earn bonus points while doing it.

The best part is that the points you get can be used to get free gift cards to places like Amazon, or PayPal cash!

Fill up your board and then submit your pattern to get even more points – if you can fill in the whole board, you get a 500 SB bonus! That’s enough for a $5 gift card in their Rewards Store.

Click here to sign up and get started! If you sign up through my link and earn 300 SB before the first of next month, you’ll get a bonus 300 SB!

The previous was a sponsored post.

Money August 2017

Get Up To $25 For Trying Hulu This Weekend (Through 8/27)


If you’re a TV lover, Hulu is running a special on their offer through Swagbucks this weekend only: You’ll get $30 (paid in the form of points called SB) for trying Hulu for a month. That will cost you $7.99, so you’re making $22 on the deal!

Hulu has tons of current and classic programming, movies, brilliant original series, and more. Here’s how you do it:

1. Click this link. You need to be a Swagbucks member to take advantage of this offer, and if you don’t have an account you can create on here, which takes 30 seconds.
2. Click “Continue” and sign up for Hulu
3. Enjoy Hulu! You should have your points within 30 minutes. You must be a first time Hulu member to receive SB for this offer.

Haven’t tried Swagbucks yet? They’re a site where you earn points (called SB) for doing things like online shopping, watching videos, taking surveys, and discovering deals and services you might like to try (like Hulu!). You then take those points and turn them into free gift cards to places like Amazon, Starbucks, Walmart, Target, or PayPal cash.

This is a great time to join because when you sign up through the link above and get your 3000 SB, you’ll get a bonus 300 SB at the beginning of September. So that’s $30 (3000 SB) for trying Hulu plus your $3 (300 SB) bouns, which gets you 3300 SB, which means you make $25 total for trying Hulu!

The previous was a sponsored post.

Money August 2017

Earn Free Money: Ibotta App Review

Just today, I redeemed another $20 through Ibotta (This is a referral link. I may be compensated). This is the third time that I’ve been able to redeem through the Ibotta app, and I’ve earned more than $65 overall in about three months. While I’ve not gotten rich by any means, getting $65 for doing pretty much what I’d do anyway is pretty cool. This review of Ibotta will hopefully show you how you can make money with the app.

If you sign up for Ibotta through my referral link, you can get a free $10 after making your first purchase (excluding “Any Item” rebates). You can literally buy a pack of gum, get a $0.25 rebate on it, and earn $10 for the trouble as long as the first purchase takes place within 7 days of your signing up. You’ll then be a little more than halfway to redeeming your rebates for some money.

The Ibotta app pays off.
Here’s the basic concept for Ibotta.

What Is The Ibotta App?

Simply put, the Ibotta app is a shopping app that offers users rebates for making purchases. I signed up via another blogger’s referral link, and started by buying strawberry milk mix for my kids. This purchase gave me a $1 rebate and then triggered the $10 sing-up bonus. Here are the steps you’ll need to take to start redeeming on the app:

  1. Sign up for the Ibotta program and set up your account
  2. Download the Ibotta app from the Google or Apple app store
  3. Sign in with the account information (email and password) that you gave for Step 1
  4. Look for rebates at your favorite brick-and-mortar or online retailers (you might have to watch a short video or answer a survey question to do so). Once the rebate shows a green check mark, you’re good to go.
  5. Make the purchase on your next trip to Wal-Mart or another retailer
  6. Scan your receipt. The Ibotta app itself will take a picture of your entire receipt or a QR code that’s found at the bottom of the receipt in the case of Wal-Mart. You can also link your loyalty cards for some retailers and skip this process.
  7. Scan the UPC code for most of the items you’ll want to redeem. You don’t have to do this step for the any item rebates.
  8. Wait for the app to verify the purchase. The rebate will  show up in your account within a day or so (usually quicker).
  9. Cash out with PayPal or Venmo when you reach $20 (or redeem for a gift card to leading retailers or restaurants).


That’s it. It’s a pretty simple process that probably takes less than an hour overall to cash out for $20 or more.

Why Should You Get The Ibotta App?

Well, in one word, the answer would be…money! Everybody has to eat, and unless you starred on Duck Dynasty, you’re probably going to go to Wal-Mart or some local grocery store. Dollar General, Love’s Travel Center, and Casey’s are also retailers that you can use to redeem rebates. Since you have to eat or get gas, you might as well get some money back for the trouble.

Additionally, you can actually stack your Ibotta rebates with manufacturer’s or store coupons. This allows you to basically double dip and stack rebates when using the Ibotta app. You can effectively multiply your savings this way.

Additionally, there are some rebates that come just from buying literally anything. I’ve redeemed several $0.25 rebates for “Any Item.” Additionally, there will sometimes be rebates for any brand of white milk, bananas, and other staples. Keep in mind that these rebates will not qualify you for the $10 signup bonus that I noted above. You have to buy an item from a specified manufacturer for this bonus.

The Final Verdict

While you’re probably not going to get rich with it, the Ibotta app is definitely worth it! You can earn money in pajamas (because I’ve seen people shopping in their pajamas in public–although I don’t do it, nor do I really recommend it).

Again, you can sign up for Ibotta here. I’ve already earned $65 by shopping and watching out for bonuses that you can earn through Ibotta. I even have friends who have redeemed more than $200. They are on my “team”, and there are some team bonuses that can kick in and supercharge your earnings.

If you’d like to find some other ways to make money online, you can check some out on my page that gives several ways to make money online without spending a penny.

Be Sure To Follow And Share

If you’d like to follow my progress and my reviews each month, be sure to go to the top of the page and sign up for updates. You can also follow me on Twitter.  I’m now above 300 followers, and I’d like to get more than 400 by the end of summer. You can help!

Also, if you could share this latest update below via Twitter, Facebook, or any other social media platform, it would be much appreciated. I want to inspire others to improve their finances and show them some easy ways that they can do so. Just click on the “Share This” link at the bottom of this post!

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.

Money August 2017

Do Small Investments Add Up? A Johnson & Johnson Case Study

One of the concerns that many people have when it comes to investing is the concern that they don’t have enough to build up any amount that’s worth the hassle. Why would anyone want to invest $50 or $100 a year? Is that even worth it? Do small investments add up?

The answer to this question would be, yes! It is worth it. While you’re probably not going to get wealthy by investing $100 a year, you can start to build up a nice holding if you choose a solid company. You could even do better if you pick out the next Amazon (AMZN) or Apple (AAPL).

To show some steady growth that’s around 11 percent per year when accounting for dividend reinvestment, this case study will look at how a small investment in Johnson & Johnson (JNJ) would have paid off over a 20-year period.

Methodology

This case study, as noted, will focus on a small investment in Johnson & Johnson. Our hypothetical investor, let’s call him Bob, purchased one share of JNJ stock on the first trading day of the year starting back in 1997. He then proceeded to purchase exactly one share of JNJ on the first trading day of the year in every year since.

To get the purchase price of each share, I went to the Johnson & Johnson investor relations page. I then looked for the highest price on the first trading day of the year. Therefore, Bob was pretty unlucky in the regard that he invested at the worst time of the day. I did not account for any transaction charges in this analysis. That would undoubtedly add some cost unless Bob chose to work with a direct purchase agency like Computershare, but even direct purchases would have some minimal expenses.

This means that Bob made 21 separate transactions over a 20-year period, counting 2017. Johnson & Johnson stock split back in June 2001, so he, in effect, bought two shares for the first five years.

I then looked at the dividends that JNJ paid out over the past 20 years. Counting the dividend that’s anticipated in September 2017, Bob would have received a cumulative $34.36 in dividend income on the first share of stock that he bought. This would obviously go down on each subsequent share, as the length of time that he was invested in the later shares was less.

Finally, I looked at the value of each share if Bob decided to reinvest his dividends into more shares. The DRIP value came from the calculator that’s available at Don’t Quit Your Day Job. Here are the totals that my calculations came up with.

Case Study Results: Small Investments Add Up

If Bob had bought only one share a year between January 1997 and January 2017, he would now have 26 shares because of the split in 2001. The annualized dividends per share on his original purchase would have grown from $0.425 per share to the current level of $3.36 per share.

The 26 shares that he would now hold without dividend reinvestment would throw off $87.36 in income each year without accounting for any additional dividend growth going forward. This is more income than the share price he would have paid in all but seven of the years in which he bought shares, and it would be more than his average annual investment of $74.56.

Bob’s investment of $1,565.76 in Johnson & Johnson would now be worth $3,466.40, which is a nice return in and of itself. If he had decided to roll over all of his dividends into more shares, he would now hold 36.3255 shares. This means that he would have added more than 10 shares of a great company by doing nothing more than choosing not to spend his dividend income.

Dividend Reinvestment Ramps Up Returns on Small Investments

The value of his holdings in JNJ would be up to $4,842.55. This would effectively mean that his investments would have cumulatively tripled over time. Additionally, his holdings under the DRIP scenario would now throw off $122.05 in annual income.

The total return with dividend reinvestment included shows an 11.01 percent CAGR based upon the calculations from the Don’t Quit Your Day Job calculator. This is important to realize in light of the fact that the cost of a share of JNJ went up by just above 10 percent between January 2002 and January 2012.

In spite of this nearly sideways trading range for a decade, the long-term return on JNJ is still quite good over a 20-year period.

What About A Big Initial Investment?

This case study focused upon how much a single share a year would have added up to. What if Bob had instead had $1565.76 to invest back in 1997 and reinvested dividends? He would now have an investment that would be worth $13,479.25. This would equal to 100.9833 shares of stock which would now be providing $339.30 in dividend income each year based upon the current payout of $3.36 a share.

This is without any additional investments throughout the 20-year period, which shows that buying early and then reinvesting allows for a much greater level of compounding

Conclusion

You might think that an investment in one share each year is pretty pointless. These are small investments, but hopefully, this case study shows that this is not the case. A little more than $3,400 is not a huge sum of money, but it’s more than double what Bob actually invested. It’s definitely more than he would have had had he not decided to invest at all.

Also, it’s important to note that you could multiply this by any number you want to include. You could multiply the total by 5 if you to look at 5 shares a year, or 10 if you wanted to look at 10 shares a year. The numbers show that a small investment in a boring large-cap company can build up over time (when I was growing up, JNJ was known for Band-Aids and baby powder–pretty boring stuff).

The study also shows the importance of starting early, as a bigger investment early on allowed for much higher returns, even if no additional investments were made in subsequent years. Also, it’s important to note that there are no “typical” investments. If Bob had invested all of his money in Enron, he’d have nothing to show for his efforts. Therefore, it’s important to diversify and choose companies with solid long-term growth in revenue and income.  Then, even small investments will add up over time.

Be Sure To Follow And Share

If you’d like to follow my progress each month, be sure to go to the top of the page and sign up for updates. You can also follow me on Twitter.  I’m now above 300 followers, and I’d like to get more than 400 by the end of summer. You can help!

Also, if you could share this latest update below via Twitter, Facebook, or any other social media platform, it would be much appreciated. I want to inspire others to improve their finances and show them some easy ways that they can do so. Just click on the “Share This” link at the bottom of this post!

Disclaimer: This site has affiliate links. If you decide to sign up with one of these affiliate links, I may be compensated. I appreciate any support you might provide.