This time of year, a lot of people are looking for ways to make a little extra money. The site Moolanomy recently shared an incredible extra income guide, which breaks down the various types of income, how to earn it, etc.

After many unsuccessful, or at least less-lucrative, attempts at side hustles, I’m glad I finally settled on blogging. It was slow going the first year or so, but the great thing about blogging is it is sort of a passive/active hybrid business.

Posts that I wrote months, or even years, ago still bring traffic to the site for which I make a small bit of advertising revenue. Of course, you still have to feed that stream with a steady dose of new content, but once things get going, it is much easier to maintain.

I’d love to hear from others out there hustling for a side income? What are you up to?

The Frugal Roundup

• Frugal Trader shares how they paid off their mortgage in three years. How exciting to know we could be mortgage-debt free three years from today by using a similar strategy.

• The great thing about these 35 gifts your children will never forget – they don’t cost a dime.

• Ron put together 9 ways to improve your home for less than $100. We’re gearing up to do a little painting ourselves. I actually like to paint, it’s the prep and clean-up I hate.

• Wondering what to get the kids’ teacher for Christmas? Maria shares several great Christmas gifts for teachers at WiseBread.

• I like Trent’s idea of creating a five year sketch, rather than a five year plan, which doesn’t sound nearly as fun! My end result will be part sketch, part detailed plan, part pie-in-the-sky dream.

• Steve wonders if working for a salary is a bad deal. My problem with working for a salary is efforts are rarely rewarded quickly enough. If you bust your butt on a project in March, you may not see a boost in salary until the next January. On the other hand, if you close on a big sale and get a commission, or land a new client and see new revenue to your own bottom line, instant reward.

• Along those same lines, this piece asks the all-important question regarding income – do you want a predictable income, or are you willing to take some risk? I’d like a little of both.

Best of the Rest

• When You May Want to File an Optional Tax Return
• The Best Cash Back Debit Cards
• The Cash Flow Statement: Where Your Income Meets Your Outgo
• Using Negative Publicity to Generate Buzz: A Cautionary Tale
• The Basics of a Budget
• Buying an Expensive Television – and Dealing With a Moral Dilemma

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