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A look at my 2013 income

December 27th, 2013 at 04:26 pm

In my last post, I looked at the details of my 2013 expenses, which totaled $37,807.

Now I'll look at my income.

The grand total is much higher than I thought it would be, but after working no less than three contract jobs, one part-time job, doing my freelance work and all the smaller miscellaneous money-makers, it was hard to keep track of.

My total gross income was: $48,761 and my net after taxes, which is what I actually lived on, was about $40,000.

Net wages from the five jobs mentioned above, plus partial unemployment when I worked part-time, came out to about $35,000, while the rest of my income was earned from many and varied sources, including:

Credit card rewards: $1324 (This doesn't include another $94 in earned in credit card gift cards).

Focus groups, product testing: $340

Manufacturers' rebates, promos: $191

Online surveys and forums: $117 (This doesn't include $519 in mostly Amazon gift cards I earned throughout the year.)

Garage sale: $101

We the Savers blog contest: $100 (I got paid for this today, but the blog won't post til next month, I'm told.)

Housecleaning chores done for family and friends: $384

So, all told, looks like I saved about $2,665 for the year. Not bad, considering I worked full-time for only 3.5 months of the year.

So of my net $40,000, about $5,500 of that was non-wage, unconventional income. So when I think about how hard it would have been to live on $34,500 without that extra $5,500, it helps motivate me to keep up all of the little diddly things I did to earn a hundred here or $50 there. At a higher income in the 70s or 80s, that little bit of extra money probably wouldn't matter so much, but at this income level it made a huge difference in livability and comfort.

The credit card rewards, I can clearly see, were the most lucrative among these things and took very little work, other than tracking my spending. Each time I think I've pretty much gotten to the end of bonus reward credit cards I can exploit, I come across a new one.

5 Responses to “A look at my 2013 income”

  1. rob62521 Says:

    You did well, especially since you said you only worked full-time for only 3.5 months...your planning and diligence paid off.

  2. Carol Says:

    All your hard work paid off! Congratulations!

  3. creditcardfree Says:

    You did great this year and the hard work paid off!

  4. snafu Says:

    Kudos for doing so well you surprised yourself. Do you anticipate continuing the 'snowflakes' like CC offerings or surveys in spite of full time work? Do you see yourself researching housing options or selling your house in 2014?

  5. CB in the City Says:

    I realize you did a lot of scrambling, but your income is greater than mine as a full-time professional. (Of course, I have other benefits, like medical insurance, which make a big difference.) Anyway, what I'm saying is, GREAT JOB!

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