Last chance to enter!
I’d like to thank everyone who participated in the initial Debt Snowflake Giveaway, and congratulations to the nine winners (one person was randomly picked twice for different entries). Overall the reactions were positive and most felt that this giveaway would be worthwhile on an ongoing basis. With that in mind, we will continue with this twice a month through the end of the year at a minimum, and further if there is still interest from that point. Thus, we have another contest with ten prizes of $5 each to give away.
For those that aren’t familiar with snowflaking, it’s a concept that was created to compliment the debt snowball (it’s a way to arrange debt repayment to better your success with five common ways to do so depending on which works for your particular situation). Snowflaking was a concept created to add money to the debt snowball by earning small amounts of money in your spare time. Snowflaking doesn’t have to be exclusive to debt reduction, but also can be a great way to create an emergency fund or increase the funds in a bank account. The only limit that you have to snowflaking is your own imagination, and entering the above giveaway contest would be one simple way to do so.
One of the fun things about snowflaking is that it can end up being kind of weird the way you eventually settle into making money on a regular basis in your spare time. For example, for some reason, I’m good at finding coins (plus I tend to walk a lot more than most people) and thus add over $100 each year to my bank account from the dropped money I find.
I also lived in Japan for a number of years and became sort of an unofficial expert on pre WW2 antiques (I liked to rummage through the flea markets when I lived there) which has proven quite valuable back here in the US. Whenever I see a garage sale, I’ll stop to see if there are any hidden treasures, and I usually can count on several hundred dollars in profit each year from the finds that I make.
I have friends that make money gathering seaglass at the ocean while another who fashions soda cans into jewelry to make a little extra on the side. The options really are limited only by your creativity, and the extra money made can really add up over time. While entering this contest (and ones like this) is one way to snowflake, you should be able to come up with plenty that you enjoy to do when you have a bit of spare time.
If you are a blogger and would like to see your blog as one of the entries like those above in future giveaways, you can learn more here. It’s a great way to spread the word about snowflaking and give your readers a chance to win a little money.
Jeffrey strain is a freelance author, his work has appeared at The Street.com and seekingalpha.com. In addition to having authored thousands of articles, Jeffrey is a former resident of Japan, former owner of Savingadvice.com and a professional digital nomad.
I could use this.
We are a change finding family, but typically that goes into a bucket that we use toward vacations. Our debt payments thusfar are from budgeted monies and any extra work I pick up.
We save all our change and each month wrap it and pay the total amount on debt.
I use swagbucks (if you are interested I’d love you to use my referral link: http://www.swagbucks.com/refer/thundercrafts) to make Amazon cash each month. I play videos on my cell phone and use it to search for things to earn points towards Amazon gift cards. Then I use those gift cards to buy pet food and supplies so I can put the budgeted dog money toward debt.
The last time i entered into the snowflake giveaway, my comment didn’t even appear!
Well, hopefully, my comment makes it this time around and win!
If that ever happens, contact me — definitely want to know when those issues arise.
I use my cashback that i get from using sites like topcashback.com or from ebates toward my debt.
I sell items on ebay and craigslist. I save it in Paypal (or cash) and then do a lump payment towards credit cards whenever I can. We’ve also “flipped” cars for profit a few times. I also use Swagbucks and Superpoints to get Amazon gift cards!
When I travel, we are given a certain amount of money by the state for meals each day. I bring cans of ravioli and bread for making peanut butter sandwiches along with fruit for lunch. Doing this I am able to save about $35 per day which can go to attack debt!
I definitely could use this. :} Thanks for the giveaway!
I shop at garage sales and then sell items on ebay. Every little bit helps. Thanks for the chance to win
I would love to win. Every little bit helps!!!
Keep blogging – you are inspiring!
Swagbucks is huge for me and I am trying to resell old clothes of my kids.
Would be so great to win. Thanks for offering the give away.
I do small tasks on amazon mechanical turk and put any money I make toward debt. We save our change and I coupon as well!
Lot’s of great snowflaking tips here in the post and in the comments! I like to get old junk for free (either left by the roadside or given to me) then fix it up and re-sell on Craigslist. My BF and I have done a couple old bikes and some furniture, it’s a fun hobby and it makes money!
We collect all of our change in a jar and when it fills up – we put it towards the debt we are working on at that time.
sell a bit on ebay
Ebay
We save all of our change and use coupons! 🙂
I use GPT websites and coupons and just simply saving my money helps!
We have a huge change jars – we never use change when we pay for things, so we put every bit of change we get back/find, etc. in that jar, as well as small refund checks, etc (cash first, but money goes in jar), when our vacation time comes, we take it to the coin machine and easily have $500. One year we had $780!
Really, $100 a year from dropped coins? Wow! lol I walk a lot too, and recently found a quarter and became a bit (ridiculously) excited. I must walk in the wrong areas. hehe But, it’s so true that seemingly insignificant amounts of money can quickly add up to something substantial.
Take care,
Christina
i sell things on craiglist that we no longer need/use
Really great giveaway. I love the idea of collecting sea glass, how cool!
I sell things on the Facebook garage sale sites that I’m a member of, so easy to make a few dollars on things we aren’t using anymore!
I sell family members stuff on Craigslist and Ebay for them and take a percentage.