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Passive Income

November 3rd, 2009 at 06:29 am

I have created a new category. I am going to see how much passive income I can make in the next 12 - 14 months, starting with now (November 09).

I will be opening a new checking/savings account somewhere where I can get a sign-up bonus.

It is kind of like the $20 challenge, except this will not be from using coupons to save money on everyday expenses like groceries and such, but any actual monies that come into my hands that I can actually deposit into a seperate account. (i.e., rebates, sign-up bonuses, cashbaq.com money, ebay and craigslist sales, etc.)

Oooh, I wonder how much I can make. This will be a fun challenge.

4 Responses to “Passive Income”

  1. creditcardfree Says:

    Good luck! And an excellent goal.

  2. pjmama Says:

    I'm doing a similar thing Smile

  3. Ima saver Says:

    Great idea!

  4. Jerry Says:

    There are all kinds of ideas for passive income, and the nice thing is that even if they don't lead to a lot of money individually, they are PASSIVE, so you don't really have to think about them once they are in place! In that regard, if you get enough of them running, then you have insurance for a chunk of change that wouldn't exist otherwise. Good luck with yours!
    Jerry

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