6 Months of Snowflakes = $800 Bonus Car Payment
photo credit: wvsMan, snowflakes can really pile up fast if you’re not paying attention! When I started squirreling money away from surveys, “found money”, and side income, I didn’t think it would ever amount to much - and that’s why snowflaking is so successful. Little by little, your snowflakes grow into a full-blown snowstorm to freeze away your debt.
Snowflakes don’t have to start as much. By definition, many snowflakes will be just a few dollars, but the size of the snowflakes isn’t what matters - it’s their impact on your debt over time.
Since January, here are the snowflakes I’ve tallied up so far:
- Side Business - $500
- Ad Revenue - $180
- Surveys - $82.93
- Selling Stuff on Amazon - $53.54
- ING Direct Referrals - $40
- Product Rebate - $29.95
- ING Direct Sign-Up Bonus - $25
- Product Referrals - $15.34
In all, I’ve earned $926.76 extra so far this year that will go to paying down debt.
Just late last week, my wife sent off an extra car payment of $800 (taken from the snowflake money) which will be followed soon by the “regular” car payment of $300. By the end of the month, we should owe less than $3,000 on the car loan and by the end of the year it should be paid off entirely! Next, we’ll work on knocking out the student loan debt as my snowflakes grow through overtime at work and more side business and ad revenue.
What snowflake sources have you found? I’m curious to hear some other snowflake success stories.
July 21st, 2008 at 10:14 pm
Great job! I find inspiration from posts like this one to keep moving on. Thanks!