Money Tips Network

Side Hustle Profit and Loss July 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency, I've been reporting both on my income and my expenses this year.

My day job has been subsidizing my side hustles, which kind of play out as a time-consuming hobby.

My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

I'm still kind of in the course-buying mode, looking for insights that will pay off or techniques that will help me to develop and sell products and services. With this in mind, I'm going to need to turn things around in a big way to be profitable for the year.

Which sources I'm reporting and which I'm not

Since I'm not posting anonymously, my W-2 income and my main investments won't be reported.

Side Hustle Profit and Loss June 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency, I've been reporting both on my income and my expenses this year.

My day job has been subsidizing my side hustles, which kind of play out as a time-consuming hobby.

My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

I'm still kind of in the course-buying mode, looking for insights that will pay off or techniques that will help me to develop and sell products and services. With this in mind, I'm going to need to turn things around in a big way to be profitable for the year.

Which sources I'm reporting and which I'm not

Since I'm not posting anonymously, my W-2 income and my main investments won't be reported.

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Side Hustle Profit and Loss May 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency and accountability, I'll be reporting both on my income and my expenses this year.

I haven't been profitable for a while now. My day job has been subsidizing my side hustles, which kind of play out as a time-consuming hobby.

My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

I'm still kind of in the course-buying mode, looking for insights that will pay off or techniques that will help me to develop and sell products and services. With this in mind, I'm going to need to turn things around in a big way to be profitable for the year.

Make Your Finances Pinch Less, Now

Two ways to fix a pinchy bank balance (I do both)

“I can't be out of money! I still have checks!”

~Some old person who knows what checks are

Everywhere, prices are creeping up.

It's rare that I can shop at Walmart for under $50 anymore, and I don't buy crap.

What's worse, our pay stubs are just barely keeping up with rising prices over the past couple of years, so no help there. And tariffs haven't even hit badly in the US as of now (June 2025).

Being around break-even isn't much fun, is it?

I bet you've seen this equation before

Income minus expenses equals surplus (or deficit)

Income is the money that comes in. Expenses go out.

If income is more than expenses, there's a surplus. Otherwise, there's a deficit.

Easy peasy.

If the surplus is small, or if there's a deficit, we want to fix that.

Is having an extra car worth it?

The short answer: It Depends!

(Updated 11/4/2017, and again in 6/10/2025.)

At various times in our marriage, we've had more cars than drivers.

Sometimes it's been a headache, and other times it's been a blessing.

Our extra cars back in 2007

Back in 2007, my wife and I had three cars between us.

Two of the cars had more than 160k miles each: a 1997 Oldsmobile Achieva and a 1997 Chrysler Town and Country.

The third one was a 2004 Toyota Corolla that we had just bought because the Achieva was starting to let us down.

We had about $1,000 in exhaust repairs on the Achieva at the time. These needed to get done because we hadn't bought the Corolla yet.

All three cars were running fine; my wife used the van and I commuted with the Corolla.

Looking back, keeping those aging cars on the road required a mix of persistence, regular maintenance, and a little bit of luck.

Loyalty Programs: Free Stuff or Just More Spending?

Customer loyalty programs are everywhere these days.

Fast food restaurants, gas stations, and even state lotteries.

On the surface, they offer something we all love: free stuff. But what’s the real cost of those rewards?

Why Customers Love Them

For customers, it feels like a win: spend money like you normally would, and eventually get something for free.

  • A free burrito after a few Chipotle runs
  • A free coffee from Starbucks after racking up stars
  • A free sub from Jersey Mike’s with Shore Points

You’re spending money, but at least there’s a little something on the back end. Occasionally, that feels like a treat, even though it’s just a planned reward.

How I Saved 84% On My Exercise App Subscription

I rediscovered an old trick a bit by accident

I signed up for a “chair workout” app last year called Muscle Booster to ease myself back into exercising.

There was a $22 for three months trial and then it went up to $66 per three months.

And then the app stayed closed most of the time.

Now it was nothing more than a leak in my bank account.

The road to hell and all that

I decided to cancel the app because I had RGI (Really Good Intentions), but only used it a handful of times during those three months.

(Somehow I managed to decide this the day before it was set to renew. Lucky me!)

Like a lot of things, I was hoping that the fact that I was paying for it would rouse me into action. That wasn't the case.

So I did catch it before it renewed and I went through the cancelation process.

Side Hustle Profit and Loss April 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency and accountability, I'll be reporting both on my income and my expenses this year.

I haven't been profitable for a while now. My day job has been subsidizing my side hustles, which kind of play out as a time-consuming hobby.

My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

Which sources I'm reporting and which I'm not

Since I'm not posting anonymously, my W-2 income and my main investments won't be reported. I'll report everything else, though!

I'll report on income as I receive it, not when I earn it. In other words, I report on it when it hits my bank account.

Buying silver coins vs. hunting for them

A friend of mine some time ago was bitten by the coin-collecting bug.

Like another couple of people I know, he's withdrawn substantial amounts of coins from the bank and searches them for treasures, like older coins, errors, and coins with precious metals.

To date he's already found a number of silver dimes and half dollars (around ten I think). That's more than I've run across with my searching, so good on him.

Three Wolf Moon: Snark Worth Millions

Businesses and website owners typically discourage snarky comments.

They're distracting and usually subtract from the message the business wants to convey.

Except when they completely blow up the Internet. Then they're great …

A fake review with a real impact

Amazon showed Brian Govern the Three Wolf Moon t-shirt from The Mountain, a clothing manufacturer in New Hampshire.

He was not impressed and a bit confused, so he fabricated a review absolutely dripping with snark. Not a bit of it true, and not a bit based on actual experience with the product.

Don’t Leave This Easy Blog Money on the Table

I slammed the door on it for a long time. Not anymore.

On the scale of “how hard is this money” this is fairly easy.

Not quite as easy as collecting an AdSense payment or an affiliate payment, but not as hard as writing the articles essentially for free and waiting for residual income to come in.

And like I mentioned, it's showing up at your door. You may just not know it.

“Would you like to share this resource?”

If you've been around the blogosphere as long as I have (my blog will be twenty this month!) you*'ll get plenty of requests to “share a resource that may be of interest to your readers.”

This request usually comes from a website owner or an SEO (search engine optimization) company hired by them.

So many eBay sellers lose money from this one mistake.

And it's so easy to fix.

Sellers dream of a bidding war.

Two people going at it, outbidding each other, not wanting to lose.

At some point, they don't even realize how high the price has become, and the winner — if you can call them that — severely overpays for the item.

Great for the seller, though!

Some items are prime for a bidding war

An original Jackson Pollock. Superman comic issue #1. Babe Ruth's rookie card.

Get the right investors and collectors in the room, and these will be bid up to a small fortune.

For these, it doesn't matter where the price starts. It could start at a dollar. It won't stay there.

Most items won't spark a bidding war

This is where the problem for sellers can lie.

The more commodity the item, the less likely it is to trigger a bidding frenzy.

Niche Down, They Said. It’ll Be Fun, They Said.

What if there's another way to succeed as a creator? How would I pull it off?

I have a bit of a hoarding problem with my side hustles.

I have accumulated a lot of different kinds of online assets, and relationships with clients:

You Don’t Have to Pay for a Store to Sell Risk-Free on eBay

Setting up a store on eBay carries a monthly expense. But you can start selling very easily and without any upfront cost.

You get 250 free listings per month without an eBay store package.

This means you can list items either auction-style or good 'til canceled (GTC) and pay fees only if the item sells.

Your only cost is time

This is a good low-risk strategy for starting out.

If you have some things you want to sell, you don't have any upfront costs except your time.

I've been listing dollar bills with cool serial numbers on eBay. (Here they are.).

As I write this, I have 81 active listings, which isn't anywhere close to using up my 250 zero-insertion-fee listings.

Side Hustle Profit and Loss March 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency with this goal, I'll be reporting both on my income and my expenses this year.

I haven't been profitable for a number of years now. My day job has been subsidizing my side hustles.

My goal this year is to turn this around. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

Which sources I'm reporting and which I'm not

Since I'm not posting anonymously, my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!

I'll report on income as I receive it, not when I earn it. In other words, I report on it when it hits my bank account.

Money Moves Smart People Make to Keep More of Their Hard-Earned Cash

Managing money wisely isn’t just about being frugal, it’s about being strategic. Smart people know how to stretch their dollars further by taking advantage of the right tools and offers that protect wealth and fuel its growth.

Here are some savvy financial moves you can make today to keep more of what you earn — and even make a little extra.

1. Make Your Insurance Company Compete

Most drivers stick with the same car insurance year after year… and that’s just what the insurance companies are hoping for. Smart savers explore auto insurance quotes annually to find better rates for the same (or even better) coverage. And, it’s actually much faster and easier to do than you might think.

Side Hustle Profit and Loss February 2025

For 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable.

To maintain transparency with this goal, I'll be reporting on both income and expenses this year.

I haven't been profitable for years. My day job has been subsidizing my side hustles.

My goal this year is to stop that cycle. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

Which sources I'm reporting and which I'm not

Since I'm not posting anonymously, my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!

I'll report on income as I receive it.

Side Hustle Profit and Loss January 2025

Striving to end 2025 in the black

For all of 2024 I published my side hustle income report each month to maintain accountability.

This year, my main goal is to be profitable. To maintain transparency with this goal, I'll be reporting on both income and expenses this year.

I haven't been profitable for quite some time. My day job has been subsidizing my side hustles.

My goal this year is to stop that cycle. Working at my business regularly helps me to sleep better at night, but without profit it eventually will just be added stress.

Which sources I'm reporting and which I'm not

I'm not posting anonymously so my main job income, my part-time job income, and my main investments won't be reported. I'll report everything else, though!

I'll report on income as I receive it.

6 Ways to Love Leftovers

These tricks led me to see the light and become BFFs with leftovers

If thinking about leftovers cues up scary music, you're not alone.

My wife and I used to play “leftover chicken” — that fun game where we let leftovers stay in the refrigerator until one of us suggests that the other consume it before it spoils.

All this ended up doing is making us despise leftovers more. It wasn't doing us favors to toss food out.

Leftovers help you sleep better at night.

Wait, what?!

There's a lot going on in the world today. Maybe you're embracing the chaos perfectly, and I salute you.

For me, I've caught myself checking out the news more these days, and rarely does it make things calmer.