Welcome to The MapleMoney Show, the podcast that helps Canadians improve their personal finances to create lasting financial freedom. I’m your host, Tom Drake, the founder of MapleMoney, where I’ve been writing about all things related to personal finance since 2009.
Are the raises you’re getting at work keeping up with inflation? My guest this week is Robb Engen, from Boomer and Echo. Robb explains how he uses side hustles to increase his income, including selling items he no longer needs, and maximizing his credit card rewards for travel.
Whether you work in the public or private sector, it can be difficult to get ahead, With the cost of living constantly rising, a one or two percent annual raise definitely won’t do the trick.
The good news is that today there are more ways than ever to make extra money. Traditional jobs are giving way to online-based income opportunities, from driving an Uber in your spare time, to renting out that extra room in your house through Air BnB.
Robb and I discuss one of his favourite ways to make extra money, through maximizing credit card travel rewards. This side hustle earns his family thousands of dollars each year, and allows them to travel to incredible destinations, even as his 9-5 income remains stagnant. It’s an episode you don’t want to miss.
Our sponsor, Borrowell, helps you find personalized product recommendations, from mortgages to credit cards from trusted partners, in addition to providing you with a free credit score. Head on over to Borrowell to get your free credit score today.
- Are your annual raises keeping up with inflation?
- Nowadays, there are so many ways to make money online.
- How to make money by selling your unwanted items.
- Take stock of all of the stuff you’re holding on to.
- Using credit card rewards to make money.
- Take advantage of credit card sign up bonuses.
- Cash back credit cards can help to supplement your income.