Hi @KristineS5
Thanks for all your suggestions. We are retired and do not have active income to increase. BUT I have been able to devise a number of passive income or expense reduction techniques. I want to share them with the group.
• I have been using cash reward credit cards responsibly and profitably. This means that I have opened and received Welcome Bonuses to the tune of $100 to $200 dollars EACH. We have good credit scores in the 800's so companies have welcomed us. In addition, we receive cash rewards regularly.
• We have a budget and do our best to stick to it. I have a bookkeeping checks and balances system that includes three elements: my checkbook and online bank account, a manual monthly spreadsheet system, a digital monthly bookkeeping system.
• We just cut our Cable TV to their 'Broadcast Basic' cheapest package. We will be saving almost $80/month.
We were able to purchase a new Smart TV interest-free with 4 of 6 monthly payments already made. In addition, the educational documentaries and entertainment shows, series, and movies are far superior to what our Cable company offered.
• I review my bookkeeping daily to make sure I am on budget.
• Last but not least, I write about everything I have learned to share with others. My blog posts can be found at The Alison D. Gilbert Blog. I have also written four eBooks about how we have survived for the last 10 years going from Middle Class to One Day from Homeless.
• Our entire mission has been to survive, to find meaning in life beyond materialism and to share our experience and successes with others so that they may benefit as well.
