#181: Learn the profitable side hustle of turning everyday deals into a reliable income stream. Chris and Kai explore an unconventional approach to maximize savings, leveraging brokerage bonuses, meal kits, cell phones, buying groups and gift cards. They also share tips to find the best freebies and discounts.
In 2023, Kai earned over $36,000 and 2.4 million points turning deals into profits. He shares his churning journey every month on the his podcast.
Link to Full Show Notes: https://allthehacks.com/profitable-deals-into-side-hustle
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Resources Mentioned
Kai's Podcast
All the Hacks:
Doctor Of Credit: Best Bank Account Bonuses | Brokerage Bonuses
Freebies and Discounts
Brokerage Accounts
Meal Kits
Cell Phone Plans
Buying Groups
Gift Cards: Pepper
Miles Earn and Burn
Full Show Notes
(00:00) Introduction
(02:43) Quick Overview of “Profitable Deals”
(08:20) Leveraging Bank Bonuses
(10:58) Opening a Bank Account: Average Requirements and Returns
(14:40) Why You Should Prioritize Brokerages to Make Profit
(17:14) Brokerage Accounts
(24:10) Getting the Best Deals off Meal Kits
(25:46) Kai's Favorite Meal Kits
(28:04) How to Save on a New Phone or Cell Phone Plan
(31:30) Big Cell Phone Carriers vs. MVNO
(32:27) Number Porting for Cell Phone Plans
(36:14) Best Sources for Discounts and Freebies
(39:15) How to Filter Out the Best Deals
(41:10) Kai's Approach to the Credit Card Game
(44:59) Misconceptions Around Opening Credit Cards
(46:30) Paying Taxes with Your Credit Card
(49:20) How Buying Groups and Reselling Works
(56:07) Making Profits on Gift Card Deals
(57:31) Bank Funding: Profiting with Zero Costs
(59:44) Why You Should Have a Player 2 for Better Deals
(1:02:23) Insane Referral Bonuses
(1:04:01) Player 2 Hacks
(1:06:20) Using Your Business as a Player
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All the Hacks with Chris Hutchins