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How To Get To Prague With Miles And Five Great Things To Do Once There

How to get to Prague with miles and five things to do when there!
How To Get To Prague–It’s Actually Pretty Easy

 

Disclaimer: This site contains affiliate and referral links. Should you choose to sign up with these links, I may be compensated. I appreciate any support you choose to give.  Late last year, I discussed how I’d snagged some great (and cheap) tickets to Europe for this summer thanks to frequent flyer miles.  My main goal was to take my wife to Prague, Czech Republic. I’m now going to discuss how to get to Prague and then give five recommendations for sites to visit once there.

Prague is one of my all-time favorite cities, and there was quite a bit of availability on United Airlines for this summer when I booked the flight in October. The link above gives the general process I used to book the flight (and a trip to Lisbon with lengthy layovers in Munich and Geneva).

How To Get To Prague With Miles

To make a long story short, I used the 100,000 point signup bonus from my wife’s Chase Sapphire Reserve card along with some Ultimate Rewards points that I already had to book two one-way tickets from Cleveland to Prague and then two one-way tickets from Lisbon to Cleveland. I purchased a flight for cash on CSA Czech Airlines to get from Prague to Lisbon.

In addition to the two main cities, we had an 11-hour daytime layover scheduled for Munich, and a 15-hour overnight layover scheduled for Geneva, Switzerland. The layover in Munich actually turned into an overnight stay after Lufthansa canceled our flight.

Credit Card Signup Options

The big 100,000 signup bonus for the Sapphire Reserve is no longer available. You can still get 50,000 Ultimate Rewards points for signing up and meeting the minimum spending requirement. This minimum spend is currently $4,000 over three months, but there’s a hefty $450 annual fee.

If you’re looking for other options, the Chase Sapphire Preferred comes with less bells and whistles. It does, however, come with the same signup bonus for the same minimum spend. The $95 annual fee is actually waived the first year, so this might be a bit more palatable for those who want to avoid the fee. You can sign up for the Chase Sapphire Preferred here.

The signup bonus for each of these cards will come close to allowing you to snag a round trip ticket on United. It will totally get a low-level round trip ticket via Flying Blue. This program is a venture of Air France and KLM. Using Flying Blue, you’d only need 50,000 miles. This latter program is a partner of Delta. Both United’s Mileage Plus Program and Air France/KLM Flying Blue are transfer partners for Chase. You’ll get one point per mile that you transfer to these frequent flyer programs.

These are just a couple of the options that are available when thinking about how to get to Prague on miles. You might also look at co-branded cards for the airline you’d like to fly, as well as American Express cards that offer Membership Rewards.

Five Things To Do Once In Prague

Now that  you’ve figured out how to get to Prague, you might wonder about the great sites and activities the city has to offer. If you’re into traditional European architecture, you’re in for a treat. If you’re into history, Prague has you covered. I cannot stress that I really enjoy spending time in Prague. Here are five things you might want to check out on a visit.

1. The Astronomical Clock/Old Town Square

Prague has the oldest astronomical clock that’s still in operation. It’s located on the facade of the Old Town Hall building. Unfortunately, on my most recent trip, this was about the only part of the facade that was visible. The city had the rest of it covered up while they performed renovations.

The Astronomical Clock chimes every hour, and there are doors that open while the Twelve Apostles (or at least an artist’s rendition of them) rotate through the open doors for visitors to see. There is also a skeleton, representing Death, who rings a bell while this presentation goes on.

Additionally, there are museums and art galleries to visit in the Old Town Square, as well as a monument to Jan Hus, one of the biggest heroes in the history of the Czech Republic. The Church of Our Lady before Tyn is also a prominent feature of the Old Town Square.

The astronomical clock on the facade of the Old Town Hall in Prague

 

The Church of Our Lady before Tyn

 

2. Take a Walk Over the Charles Bridge

The Charles Bridge is one of the more iconic sites in Prague. There can be hundreds of people walking it at any given time. The Bridge is the site for many street vendors and artists. It provides great views of the Prague Castle, as well as of the Vlatava River.

On the Old Town side of the Bridge, there is a Museum of Medieval Torture that is quite interesting.  This museum has lots of instruments of torture, as well as woodcuts that depict exactly how they were used, sometimes in graphic detail. Those bringing kids along should be forewarned.

 An old gate on the Charles Bridge

3. Visit The Prague Castle

A visit to Prague would not be complete without a trip to the castle. There are several sites within the walls of the castle that are worth viewing. The first image in this article at the top of the page depicts the front of St. Vitus Cathedral, which dominates the hill that sits opposite Old Town.

In addition to visiting St. Vitus, there is another church that’s open for viewing. This is the Basilica of St. George. One of the more interesting parts of this church is a reliquary that holds actual bones.

The Basilica of St. George in Prague

 

 A reliquary with human remains at the Basilica of St. George, Prague

 

In addition to these churches, one of the more interesting things to visit within the Prague Castle is the Golden Lane. I had not visited this on my previous trip to Prague, but I’m glad I got to this time. There’s a hall with quite a bit of medieval armor and some weaponry. I was even able to try my hand at shooting a medieval crossbow and hit the bullseye on two of three shots. This was a well-spent $2 or so.

If you’ve not already visited the Museum of Medieval Torture at the Charles Bridge, you can check out some instruments of torture on the Golden Lane. There’s a torture chamber set up, as well as a dungeon. One of the more interesting parts of the Golden Lane was the apartments and businesses that are set up for viewing as they were in the nineteenth century. They are really, really small. Some of the rooms on the Golden Lane are pretty hard to access from spiral staircases made of stone. Some of the steps are really narrow.

Medieval weapons from the Golden Lane in Prague

 

 A tavern on the Golden Lane–All of it!

 

4. The Jewish Quarter

There was, as there was in many European cities, a Jewish Ghetto in Prague. This is definitely a spot most will want to visit. There are multiple synagogues that are open to the public. One has the name of each of those lost during the Holocaust painted onto the wall. One of the buildings has an interesting display that describes Jewish funeral practices.

These funeral practices would likely end with a burial in the Jewish cemetery. This portion of the ghetto was the only place that Jews could bury their dead for centuries, and the oldest grave goes back to the 15th century. This portion of Prague gives some understanding of how European Jews lived.

 

5. The Museum Of Communism

This particular attraction was a bit difficult to find. What I’d read before arriving said that this museum was above the McDonald’s just a few meters from the Mustek Metro station off of Wenceslas Square. It turns out that there were two McDonald’s within a few meters of the Mustek station.

We went to the wrong one first.

Then we found the right McDonald’s and promptly learned that the museum had moved that very day. It was a 10-minute walk from the old site to the new address at Republiky Square , but it was worth the trek. 

One of the darkest periods in Czech history was the Communist era. The Museum of Communism seeks to commemorate this chapter in the history of the Czech people. There are displays in both Czech and English, as well as subtitled videos of those who went through the Communist period, that describe the horrors that people endured.

Vaclav Havel, the playwright turned dissident turned first democratically elected Czech president is given a prominent place toward the end of this exhibition. For those interested in history, it is definitely well worth the visit.

Vaclav Havel commemorated at the Museum of Communism, Prague

 

There you have it: tips on how to get to Prague using frequent flyer miles and some spots that you might want to visit once you’ve arrived. The city is amazing, so much so that this was my second trip. If you have any questions, be sure to let me know in the comments. I’d love to answer any that I can.

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.

 

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Get Excited About Pennies

It's time to get excited about pennies!
Pennies add up to build dollars, and dollars add up to build wealth

My kids get excited about pennies. If they find one on the ground, they are sure to pick it up. I think that most kids are like this. I know that I was when I was their age.

As we get older, however, that excitement tends to fade. A penny by itself will buy pretty much nothing. Most adults tend to think of pennies as being pretty worthless. They are anything but. I’ll admit that pennies still excite me!

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.

Pennies are important building blocks. Five of them make a nickel. Ten make a dime. 100 make a dollar. When we get to dollars, we’re talking real money. Each and every penny that we find and pick up or earn in some manner is building block towards a better financial state of being. That’s why it’s important to get excited about pennies.

Think Of Pennies As Stepping Stones

I’ve already noted that pennies are building blocks. They can be important stepping stones to getting where you want to be. A while back, I read an article that got me thinking in this direction. Rather than pennies, it stated that millionaires are made $10 at a time.

Sometimes, we can make lots of pennies really quickly. This happens when we’re at work. When I started working, minimum wage was $4.25. I had it figured out that I made about 7 cents a minute at that rate. This meant that I earned a penny about every 9 seconds. I’d annoy some of my co-workers by stating things like, “I just made $0.21” after three minutes on the clock.

While $0.21 is not much to get excited about, the addition of many $0.21s over time started to build up. So much so that I had about $7,000 in the bank after a couple of years of working at a minimum wage job. In the interest of full disclosure, I’ll admit that I was in college and living at home. Still 7 grand for working part-time for minimum wage at McDonald’s wasn’t bad.

Many of my coworkers complained about the poor pay, and it was poor. However, I looked at my income in an optimistic manner. It gave me some freedom to do the things I wanted to do. It did’t take much for me to get excited about pennies.

The more pennies we make, but more pennies we can save. It was Ben Franklin who said that a penny saved is a penny earned. While pennies were worth more in Franklin’s day, the basic premise still holds true.

Get Excited About Pennies: They Help Build Passive Income

I’ve stated many times that my favorite type of income is passive income. I think this is the case because passive income comes to me whether I put in any effort or not. It’s just keeps rolling in.

Passive income trickles in whether I’m sleeping or working hard. My passive income from dividends started out at $0.02 a day when I first started tracking it. Rather than get frustrated that I only made $0.64 in a month, I looked at the $0.02 a day that I made as the start of something great.

Now, I’m making much more in terms of passive income, even a dollar or two a day in most months. It takes time and, yes, pennies, to build this passive income. My passive income growth is documented by my monthly dividend income posts. It’s been growing at a good clip.

Dividends are usually stated in pennies. With the exception of companies with really high stock prices, most quarterly dividends come in at less than $1 a share. As an example, I own some shares of AT & T. These pay me $0.49 a quarter. That’s 49 pennies, quarter in and quarter out.. The dividends from one share won’t pay for much, but if reinvested, these pennies can start to build momentum into something pretty amazing.

Those who own as few as 180 shares of AT & T could pretty much pay for the lowest priced cell phone plan from Cricket Wireless (owned by AT & T), which is $30 a month. That’s a pretty awesome concept, if you ask me. This would effectively constitute free cell phone service, all from a buildup of pennies.

Over time, enough pennies could actually fund your entire lifestyle. That’s really something exciting.

How To Make A Few Extra Pennies

Now that you’ve read up on how pennies are important stepping stones to the life that you want, you might wonder how you can make even more. There are pretty easy ways that you can make a few extra pennies online in your spare time if you don’t want to get a part-time job flipping burgers.

I’ve written several articles for the online freelance site Textbroker. For most of these articles, I’ve earned 1.4 cents a word. These pennies have added up to several thousand bucks over the past five years or so. Many times, I can average more than $20 an hour if I find jobs that I can complete easily.

Not everyone can write coherently though. I also have recommendations for these folks. There are many ways that you can make money online. Two of my favorites are Swagbucks and EarnHoney. I can earn by searching the web and answering some easy surveys on Swagbucks and by letting videos play passively with EarnHoney. It’s a few pennies here and there, but I cash out some of these pennies each and every month.

With the money I’m bringing in from letting videos play, I’m buying shares in stocks like AT & T that pay me even more pennies. I’ve also put this money toward paying off debt in a more accelerated fashion. This is what allows me to get excited about pennies. I’m improving my financial situation with each and every penny I get.

I’d urge you to get started looking for ways to pick up a few dollars worth of pennies each month. How much could an additional $25, $50, or even $100 each month help you out? It takes a new mindset to think of pennies as worth the trouble. Get excited about pennies!

Be Sure To Follow My Updates

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.

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Splitting Funds For Paying Debt And Making Investments

I’ve frequently argued that passive income is the best income. I’ve attempted to build it up extensively over the past couple of years. One of the best methods for building up passive income, in my opinion, is through dividend-paying stocks. However, when building up passive income, paying debt aggressively can take a back seat.

Disclaimer: This site uses affiliate links. Should you sign up for many of the programs promoted, I may receive compensation. 

I had some debts that built up from graduate school, and I’ve made quite a bit of progress over the past four years or so. Most of these debts arose from basic living expenses. I really hate this debt, even though many people argue that it’s “good” debt. There is no doubt that these debts allowed me to increase my earnings capability, and my income has gone up.

However, I still don’t like these debts. I’ve consolidated the debts into 0% interest credit cards, finally getting down to one. Until the last month, I’ve been paying slightly more than the minimum each month after having the debt drop to about $8,600. This is not a huge debt when compared to the debt that other people have, but it’s still an annoyance.

Paying debt needs to be a priority!
Erasing debt is a goal.

Investments Can Pay More, But…

One of the reasons I was paying so little each month was the fact that investments generally pay more than 0% in dividends. Therefore, I thought that paying debt down aggressively would keep me from increasing my passive income. I was right. However, watching this debt go down by a whopping $100 a month did not seem like much progress to me.

Additionally, there’s a 3% to 5% balance transfer charge every time that I make a transfer (about once a year). This is effectively a once yearly interest payment that would add between $30 and $50 per $1,000 to the balance each and every year.

At this rate, I figured that I’d have the debt paid off in somewhere between 8 and 10 years, and the balance transfer fee would actually add back 2 or 3 months of payments that I’d already made in the earlier years of the process. I really hate having this debt, even though I’m really happy with the progress I’ve made thus far.

Paying Debt Is A Priority

I believe that cash flow is even better than cash, and debt takes part of my cash flow every month without giving me anything in return. Because there is some opportunity cost in paying debt, I’ve decided to take a hybrid approach. Whereas I was putting more money toward investments each month, now I’m splitting up some of my side hustle income into both the investing bucket and the paying debt bucket.

I figure that if I can put an additional $50, $100, or $200 a month into paying off my debt, I’ll pay it off in less than one-half the time that it would take by paying a minimal amount. Then, my cash flow will increase by the amount that I was putting toward paying it off. This is exciting.

If you’d like more advice on how to accelerate debt payments, I’d refer you to Dave Ramsey’s Total Money Makeover. You can purchase this great resource by clicking the image of the book below.

So Is Investing

I still want to build up my investments, however. Therefore, I’m splitting up the side hustle income that does not go toward bills between paying debt and investing for the future. This allows me to build passive income while also cutting the interest that I’ll pay. Additionally, I’ll improve my cash flow more quickly.

I can invest my side hustle income and get dividend income that will probably yield between 2 and 5 percent. I can also pay down my debt and get a “dividend” of between 3 and 5 percent. The dividend that I get from paying down the debt is the interest that I will not have to pay.

While this strategy is not going to maximize my success in either the area of passive income or debt repayment, it will hopefully allow me to make some solid progress in both areas. I’m happy to live with this compromise.

In the first month of this strategy, I was able to double up the credit card payment that I’d made for the past few months. My debt dropped from $8,600 to $8,400 in the first month as a result.  I made a few smaller payments rather than one big payment to see the progress come more quickly. I hope to keep this up in the months to come so that I can aggressively cut down the debt.

The closer I get to paying the debt completely off, I’ll be more likely to become more aggressive in paying it off as opposed to saving. I realize that paying debt is a good investment for the future. However, I still want to see some passive income and take advantage of the power of compounding.

What strategies have you used for paying down debt?

Other Posts That Might Help

Earn Money From Home To Pay Off Debt
Ways To Make Money Online Without Spending A Penny

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.

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Earn Bonuses On Swagbucks With July Swago


Swagbucks is holding their Swago promotion starting Monday, July 24th 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! I generally choose the PayPal cash, which I transfer to my bank account to use for just about anything that I want, including investing.

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 our 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!

I’ve earned more than $1,700 via this great site for doing things that I’d generally do anyway. It’s a great way to supplement your income in your spare time, and I highly recommend it!

The preceding was a sponsored post.

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Online Income For June 2017

Every month, I put in some effort to earn money online. This online income helps me balance my budget and do things that I would otherwise be unable to do. As I’ve noted before, I started looking for ways to make money online after my first child entered the world. I did not want to spend countless hours at a fast food joint or at Wal-Mar or some other such retail establishment.. Maybe I could’ve been able to make ends meet, but I’d miss many hours that I could have been with my kids.

I had Internet access, and I started to research. Some of the options that I came across over a few months and years of looking were blogging, surveys, and freelance writing. I’ve utilized many of these options, and I’ve even reviewed some here. I continue this process each and every month. My goal is to pay myself first. Other goals relate to paying off debt and making up shortfalls that might arise in any given month.

Hopefully, if I can continue to earn money each month and build it up, I’ll be able to have a solid retirement in a few years. I also track my passive income on this site so that I can keep myself accountable and encourage others.

Why Track Online Income

When the Internet first became popular, I heard about people making money. I figured that these people had computer engineering degrees and lots of skill. My experience with computers included failing to get my programs to print to the print server in my one and only computer class. I did not have any interest in learning about these cantankerous machines that did not work when I wanted them to.

Keep in mind, this was in the days of MS-DOS. One mistake in a long line of code totally destroyed anything that you hoped to accomplish. It totally frustrated me and made me hate computers.

Online income can help you fill up a suitcase full of money
I didn’t make a suitcase full of money, but I did make some.

As the Internet gained in popularity, and I found myself in need of more cash, I started searching. My first attempt to earn money was a blog. It did not make much in the way of money. In fact, it took more than 5 long years to get paid from my ad network. I quickly looked to other options.

However, that first blog was a great learning experience. I figured out the fact that you do not need to have a great deal of computer knowledge to start a blog. This blog, Earn Money In Pajamas started about 3 years later, and I started making a bit of money almost immediately.

I track my online income for two reasons, and they are much like the reasons I track my dividend income.

  1. It keeps me accountable and moving toward the goals I have.
  2. It might benefit others by showing them how to do the same, as many of the options are not zero-sum games where you earn and I lose. You can earn while I earn, and vice-versa.

Online Income For June 2017

I had several different income streams during June. Many of these were the same methods I used to earn money online in May.

The grand total of my online income for June came in at $312.94, which was just below the $355.22 that I earned in May. I’m still happy with this total, though. It allowed me to put away some into a retirement account. Some of the income also went toward paying down my mortgage, although I’m going to change that strategy a bit going forward as I’l elaborate below.

Notes On Online Income For June 2017

My earnings from Swagbucks were a bit skewed this month. I intended to save up for a large gift card for Southwest Airlines for a vacation. Therefore, I did not cash out as much as I could have. July’s total will be the biggest so far from Swagbucks because of this.

I decided that I should probably just cash out my Swagbucks earnings with PayPal so that I could earn some interest after transferring the funds to my bank. Future months should be more like normal. Swagbucks is my favorite site to use. I earn through my own work. I’ve also earned from referrals, and you can too.

If you’d like to start a blog to start building up referral and affiliate income, it’s pretty easy to do so. I’d recommend your using a self-hosted blog, which will take a bit of money to start and maintain. Free blogging software generally will not allow you to market as easily, though. I make a few bucks a month from referrals, and it’s grown over time. One of the best deals if you’d like to start your own self-hosted blog is through BlueHost. BlueHost has a great reputation, and the sites are among the most affordable to operate (only $3.95 a month for new users). If you’d like to start a blog with BlueHost, be sure to click the banner below to get started (affiliate link):

More Notes On Online Income

Another note that I’d like to point out on the earnings for the month is the fact that I just started using EarnHoney toward the end of the month. This site allows you to earn passively by just letting videos play, even while totally muted. This is something that’s pretty unique, and I anticipate earning some money from the site each month going forward.

Finally, I’m loving Ibotta. I cashed out again in June, and I paid the $25.75 as an accelerated mortgage payment. I’m looking to put it toward some debt from grad school from now on, and some additional income toward debt will hopefully help me pay it off faster and faster. I really recommend this app, because everyone has to buy groceries. Ibotta basically gives you a rebate on these purchases. Score! You can sign up for Ibotta with my link here.

My New Strategy For Online Income

Most of my online income has gone toward investments in the past couple of years. I’m still going to pay some of it to my future self, but now, I’m planning to use some of the excess income I bring in toward paying off debt other than my house. My mortgage is the only debt that I can hold that gives a tax break. Therefore, it benefits me more to pay off other debts first.

I still owe a bit on my education. If I kept up the current payment rate that’s just above the minimum, I’d take about 8 or 9 years to pay it off. I’d like to pay it off in a fraction of that time. Therefore, the early mortgage payments will stop. The investments will slow down. I’ll keep up with how much extra I put toward debt as a result of my online income from here on out . I already put $25 extra toward it in June. 

Some Reviews You Might Find Helpful

  1. EarnHoney Review
  2. Swagbucks Review
  3. GiftHulk Review
  4. CashCrate Review

How did you earn extra money online during June? Do you have any other options that worked? Let me know in the comments.

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.

 

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Dividends: Passive Income From June 2017

The month of June 2017 is over. The summer is about half over. That’s not cool, but what is cool is the passive income that I get from dividends each and every month.

The end of the month is a great time to look back and assess where I am. I look at my dividends and where they stand in relation to the same month last quarter and the same month last year. This gives me a good idea if I’m making progress toward my goal of building up passive income. As I’ve noted many times, passive income is the best income.

I like dividends because they come in whether I’m at home or at work. They come in whether I’m awake or asleep, which means I can really earn money in pajamas. At home or on the road? It doesn’t matter. This passive aspect of dividend income is one that I really like.

I own some great companies, and these companies sell goods or serve clients around the world on a daily basis. I can take Christmas completely off, and I’ll still have dividends rolling in from these companies. In June, I earned from several companies and a couple of funds. Here are the dividends that I earned during the month of June.

Dividends For June 2017

Here are the specific companies and funds that paid me a dividend during the month of June 2017:

Kroger Co. (KR)                                                                                                 $2.40
Southern Company (SO)                                                                            $17.40
Johnson & Johnson (JNJ)                                                                              $8.40
Realty Income Corp. (O)                                                                                $5.28

Total Dividend Income From IRA                                                            $33.48

JP Morgan Equity Income R5 (OIERX)                                                   $1.96
Cohen and Steers Realty Shares (CSRSX)                                          $21.79

Total Dividend Income from 401k                                                          $23.75

Total Dividend Income for June 2017:                                            $57.23

This dividend income is the highest that I’ve earned thus far this calendar year, and I must say that I’m pretty happy with it. Of course, this much passive income would not go far, but it is another step in the right direction.

Year-To-Year Comparison

I like to look at my monthly dividend income and then compare it with the amount that I had a year previously. Again, this is a great way to show me if I’m on the right track.

In June 2016, the companies that I owned at the time paid me $18.82. It’s pretty evident from a comparison that I more than trebled my dividend income over the past year. I’m thrilled any time that I see such large increases on a year-over-year basis.

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

The companies and funds that I own have now paid me $206.64 for the year. This compares with the $61.60 that I had earned at this point last year. My passive income has increased by more than 200 percent in just a year.

Furthermore, I’m now on track to earn $454.05 over the next 12 months in my traditional IRA account. This would buy me about 22 hours and 45 minutes of freedom over the next year without taking into account the dividends I earn from my 401k funds. I track this based upon having to replace $20/hour. I’m getting up close to the two hours a month level.

I can’t believe how far this has come from the $0.64 I received from Apple back in August 2015. This was the first of the dividends that companies have paid me, and the amount has only gone up from there. How was your dividend income last month? I’ve updated my monthly dividend record to reflect my dividends from June 2017 if you want to check out my progress.

Disclaimers And The Like

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 KR, O, SO, JNJ, CSRSX, and OIERX.

 

African Spurred Tortoise Edited

EarnHoney Review: Can You Earn Money In Pajamas?

Back when I started working on Earn Money In Pajamas, one of the things that I was really interested in was making money online. Millions of Americans live paycheck to paycheck. This makes extra money a must. Side hustles are a great way to make some additional spending (or saving) cash. I’ve reviewed several websites that allow users to earn money without leaving home. Here is one of the newer sites that I’ve found. Read on for my EarnHoney review. Please note that some of the links on this page are affiliate links, so I may be compensated should you sign up using them.

EarnHoney is, in some ways, much like many of the other sites that allow you to earn money online. In other ways, it’s different.

Signing Up For EarnHoney

What EarnHoney review would not discuss the ease (or lack thereof) of signing up for the site. Getting an account on EarnHoney is quite easy. Basically, you need an email address and a password. A username/account number are auto-generated by EarnHoney. There was no request up front for an address or birthday, so theoretically, a 10-year-old could sign up. Once you put in this information, you’ll be able to get started earning money in pajamas. There is a “survey” that you have to fill out before getting access to other surveys. I’ve yet to do it, and I’ve already cashed out.

Please note that only residents of the US can actually earn money on EarnHoney right now. People from other nations can sign up, but they will not have any offers available to them. Since I’m a resident of the US, I’m good to go here.

How Can You Earn Money On EarnHoney?

There are several options when it comes to earning money with EarnHoney. You’re not actually earning cold, hard cash, but rather a digital currency known as HoneyDollar$. You can use these to get cash, but I’ll go into that in a bit.

EarnHoney review of HoneyDollar$ earned
Here is the HoneyDollar$ page that shows how much you’ve earned

This is the earnings page, and it’s an important part of this EarnHoney review. If you’ll notice, it shows how many HoneyDollar$, also known as HD$, I started today with. It then goes into how many additional HoneyDollar$ I’ve earned today with a breakdown of how I earned those HoneyDollar$.

Now for how exactly you can earn some ducats on EarnHoney. If you’ll look at the left edge of the picture above, you’ll see “Earn” with five options below it. The offers are much like some of those available on other similar sites like Swagbucks (my personal favorite). Think in terms of Peanut Labs if you’re familiar with Swagbucks. To be quite honest, I have not yet gotten to the “Give Opinion” part of the equation, as I’ve not yet given the information necessary to access more surveys.

Review of Ways to Earn Money Watching Videos On EarnHoney

What I have used to earn money on EarnHoney is the Buzz TV, Watch, and Play Games options. There is only one game. It’s an addictive 2048 game that requires you to move tiles around a grid to try and multiply the numbers up to 2048. I’ve not been successful at getting to 2048, but I have earned money from it. The money comes from ads that show while your playing the game.

The Buzz TV and Watch links basically allow you to watch videos with ads at the beginning of them. Advertisers pay EarnHoney for showing ads to the site’s users. EarnHoney then returns some of this income to those who watch.

Earn passive income with Buzz TV
Buzz TV is a way to earn passively.

I’ve been letting the auto videos play to make most of my HoneyDollar$ thus far. You click the link, and then get sent to a page with a video that gives instructions of where to go. If you want to skip the instructional video, you can just clink on the “Go There Now” link. This will take you to either a Facebook page with a link to “Watch Videos, which is pretty explanatory, or a Google search results page. You can literally click on any of the links on the Google page and the videos will start playing.

The coolest things about these videos is the fact that they have an autoplay feature that will keep on keeping on as long as the box is ticked. It’s been ticked automatically each time that I’ve gone in, so I don’t think you’ll have to do anything to get the videos to continue playing.

This is cool because you literally have to do nothing after clicking on a link to watch the videos. They will theoretically play and continue to pay until you hit the daily limit. Then you could start on another of the Buzz TV options. This is about as close as you can come to passive income on the web, and as I’ve noted before, passive income is the best income. This is my favorite part of this EarnHoney review.

How Much Can You Realistically Earn With EarnHoney?

This EarnHoney review would be nowhere near complete without explaining how much you can actually earn on the site. The site claims that you can make between $2 and $6 a day. The earning goes slow, I’ll be the first to admit. You’ll usually get between 0.2 and 0.5 HoneyDollar$ per video or game. One HD$ basically equals a cent. Immediately after signing up for EarnHoney, you’ll get an option to watch an instructional video that pays 30 HD$. It’s all of a minute in length.

However, keep in mind that you’ll earn from the Buzz TV videos without doing anything. I’ve actually earned about $0.10 an hour while taking a nap and taking the kids to the pool. I’ve earned the same watching Mountain Men on The History Channel while letting EarnHoney do its thing.

Admittedly, this is pretty low, but it’s pretty much completely passive. I don’t do anything other than click a link. You could use this money to save up for Christmas presents. It’s also possible that you could use it to pay down debt more quickly. Finally, you could add your EarnHoney earnings to your investment account to allow the passive income to make even more passive income. Remember the power of a dollar and how just an hour a day can add up to some serious money over time.

If you’re worried about the cost of the electricity for your computer, it costs about $8 a year to charge a laptop. A tablet would take even less. You’ll come out ahead of the game using EarnHoney for passive income.

What Can You Get With Your HoneyDollar$?

This section of my EarnHoney review will look at what you can actually get with your HD$. There are basically four options. When you get up to 200 HoneyDollar$, you can get a $2 Amazon e-gift card. This is available only on the first redemption. Afterward, Amazon gift cards come in $5, $10, and $25 denominations. You’ll get a 1% discount by redeeming with Amazon.

Secondly, you can use your HD$ to get a Visa Debit card. These come in the same denominations as the Amazon gift cards, plus $50 and $100 options. You’ll also get a 3% discount when you redeem for the Visa Debit cards.

Third, you can donate your HD$ to charity. I’m not likely to do this, but it is an option. You can only donate 500 HD$ at a time, and you have the option of giving to well-known charities like the United Way, World Wildlife Fund, and the Salvation Army.

Finally,  you can use EarnHoney to get PayPal cash. I utilized the Amazon $2 option for my first redemption to see if it would actually work. It did. EarnHoney pays out twice a week, Monday and Friday. I redeemed on Monday, and got my e-gift card on Thursday evening. It was Friday somewhere, I’m sure! I plan to use the PayPal option from here on out, as I can easily put the money in an emergency fund or an investment account from there after transferring the cash to my bank account. $5 and $25 options are possible with PayPal.

EarnHoney Review Conclusion

So, in the final analysis, what EarnHoney review would be complete without a recommendation or lack thereof? You can definitely redeem your HD$ and get what you’ve ordered. I got my $2 Amazon e-gift card when the site said I would. Therefore, it does not appear that EarnHoney is a scam.

The earning is slow going, as most of the online survey and GPT options are. However, this site is unique among those that I’ve used because it allows you to earn pretty much passively. I can let videos play with ads while I’m cooking lunch or sleeping. This truly is one of the best options for earning money in pajamas. You can sign up for EarnHoney here if you’d like to start earning passively.

Other Reviews For Earning Money In Pajamas:

Earn Cash And Rewards With Swagbucks (I just passed $1,700 in lifetime earnings with Swagbucks)

Earn Money With CashCrate (I’ve earned more than $1,000 with CashCrate)

Earning Money In Pajamas With GiftHulk

If you’ve found this review helpful and would like to get further updates, be sure to sign up to follow the site. You can also follow me on Twitter. I truly appreciate your support.

African Spurred Tortoise Edited

Online Earnings For May 2017


I’ve been pretty busy over the past ten days. A trip out of town for some work slowed down my monthly post that tabulates my online earnings for the previous month. I was also out of town for a week in May, but I was able to make some nice money over the course of the month.

Some of this money went toward savings. Some of it went into a rollover IRA. Still more of it went toward paying down my mortgage just a little more quickly than the amortization schedule. Regardless of where the money went, my online earnings helped me toward a stronger financial standing for the long run.

Online earnings can help you fill up a suitcase full of money
I didn’t make a suitcase full of money in May, but I did make some that helped.

 

As I noted before, I started looking for ways to make money online when my wife gave up full-time work. I’ve found several options that have worked over the years, and I’m always looking for more opportunities that can help me get a little bit further ahead than I was a month before.

The best thing about earning money online is the fact that there is a pretty low barrier to entry. Whether you’re looking to take a couple of surveys a day or write up a couple of articles for a bit of extra income, there are options that can work for just about anyone with a pulse. All you have to do is look and take some initiative. I’ve done some surveys and online writing. And then some.

Online Earnings for May

Back in April, my online earnings did not come in as high as they have in some months. They were still a solid $273.02, and they helped me improve my overall finances. May was not much different, but I earned even more. Here are some of the ways that I was able to earn money in pajamas during May 2017:

Freelance Writing:                                                                                               $244.97
Swagbucks:                                                                                                                  $75.00
GiftHulk:                                                                                                                          $5.00
Ibotta:                                                                                                                             $20.25
Clixsense:                                                                                                                    $10.00

Total online earnings, May 2017:                                                                  $355.22

I’ve listed most of these ways of earning money online before, but Ibotta is one that I had not used until last month. I signed up because of a link on another website that promised $10 in my account if I signed up and redeemed one of the digital rebates before a certain date. I did, and the $10 posted pretty much immediately along with the other discounts.

Sign Up For Ibotta And Get An Easy $10

The best way that I can describe Ibotta would be a sort of digital coupon/rebate site. You download an app, and the app takes a picture of your receipt (and sometimes the UPC code) from various retailers like Wal-Mart or Kroger that just about anyone can access.

With the $10 bonus, I was able to actually hit the cash out mark in May pretty easily, even though I signed up toward the end of the month, hence the $20.25 listed above. The cash out hit PayPal pretty much instantly. I then put it directly toward paying down my mortgage.

You can get the same $10 bonus if you sign up with Ibotta with my link,  download the app, and make a purchase and upload it via the app. This would get you more than halfway to the $20 that’s necessary to cash out with PayPal. It’s pretty simple, and there are some rebates for buying literally anything (although you can’t use the any brand rebates to get the $10 bonus–it has to be a purchase of a specific brand).

I recommend using methods that earn you money for doing what you’d already do anyway. For example, you can use Swagbucks to earn money for searching the web or letting videos play. It’s likely that you have to shop somewhere for food and various and sundry other items. You might as well get rebates from a site like Ibotta.

The rebates from Ibotta can stack with coupons and a cashback credit card like the Chase Freedom. You can even get a $150 bonus for using the Chase Freedom to make $500 in purchases in the first three months after opening the account. Just don’t forget to pay the balance in full each month. You can sign up for the Chase Freedom with this link, if you have good credit, that is.

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.

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.