How to Make an Extra $3000/mo by Hacking Deals

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. Click "More" to see the Advertiser Disclosure.

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.

Resources Mentioned

Doctor Of Credit

Freebies and Discounts

Brokerage Accounts

Bonus Info

Meal Kits
HelloFresh
Green Chef
Marley Spoon
CookUnity
Dinnerly
Referral codes
Cell Phone Plans
Mint Mobile: $15/mo for unlimited wireless on the nation's largest 5G network
Buying Groups

Full Show Notes
(00:00) Introduction
(01:14) Quick Overview of “Profitable Deals”
(07:37) Leveraging Bank Bonuses
(10:44) Opening a Bank Account: Average Requirements and Returns
(14:52) Why You Should Prioritize Brokerages to Make Profit
(17:34) Brokerage Accounts
(22:20) Getting the Best Deals off Meal Kits
(21:50) Kai's Favorite Meal Kits
(26:35) How to Save on a New Phone or Cell Phone Plan
(30:16) Big Cell Phone Carriers vs. MVNO
(31:18) Number Porting for Cell Phone Plans
(32:26) Best Sources for Discounts and Freebies
(36:16) How to Filter Out the Best Deals
(38:30) Kai's Approach to the Credit Card Game
(42:38) Misconceptions Around Opening Credit Cards
(44:20) Paying Taxes with Your Credit Card
(47:20) How Buying Groups and Reselling Works
(54:51) Making Profits on Gift Card Deals
(56:20) Bank Funding: Profiting with Zero Costs
(58:45) Why You Should Have a Player 2 for Better Deals
(01:01:33) Insane Referral Bonuses
(01:03:18) Player 2 Tips
(01:05:48) Using Your Business as a Player

Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

[Hrothgar]

Great episode! Love Kai's podcast, so good to put a face to the voice, lol. Can't wait to hear the follow up episodes.

[mikell.]

Unfortunately, you get better returns investing and learning how to invest in the stock/ real estate market or even building your own company. I spent 5 years doing these tricks and made about a grand extra a year (sometimes more) from my 25 k savings, when I could have made much more investing and learning how to invest. Also you can use this time to go to school, increase your skills etc. doing this sparingly is great but not more than that.

[ShawnyB]

I run a full time reselling business as well. These kinda deals and credit cards points go crazy. I haven’t paid out of pocket for vacations in years. All inventory purchases, supplies and shipping labels go on the CCs

[prudeylou]

I have watched this episode a few times now! I already work a full time job with so much overtime. I'm not much of a consumer at all, but love to travel. I was lamenting to my boyfriend the other day about how I just wish I could make enough to be able to get a first class ticket and not feel bad about spending my W2 money (when I do book I always buy the cheapest ticket). I love the buyer's group idea. I just tried it and made $4 worth of points on my Chase card in only a few minutes of work. Really motivates me to try and push it a little more ;) Plus, I really just love the game of it all ! Appreciate you guys and all of your content !!

[Martin-Savage]

This channel will blow up to 100k soon.

[danibryant]

Excellent content, I was looking for a part time job and you guys have opened the door for me, can't wait to get started learning Thank you both

[MrJohnnyak]

Like I have $30, 000 to put in a bank to get $1000

[MyNameJim]

Kai be like “fuck the Chase 5/24 rule” 😂

[SmartWealthEducation]

Great information 👍 👌 Thank you so much ☺️

[wobbles]

But how do you clean up all the mess, unwanted accounts. Sorry if that's answered at the end.

[davinci]

I've thought about doing the whole bank thing, but there goes your automatic payments, or is he considering the time of changing everything over every time he switches bank?

[bloodnthuner]

Sounds like you'd have to have enough funds to be able to transfer around and let sit in all these banks. And then juggling everything around? Im sure people are doing it but doesn't sound very practical.

[amillionskies]

Great to hear a shout out to Doctor of Credit. Chuck and William do one hell of a job on their website. They are indeed the bible of Bank Bonuses! 😍

[georgetaylor]

Paypal has decided to lower the 2% on our spend starting in August 2024. They will begin giving us 1.5% in the future -- am on the hunt for a new card. I pay as much of my bills along with my groceries and gasoline on the card and am currently receiving around $75/monthly bonus -- any ideas?

[leslieh]

Kai you are spot on with usage on Verizon - 20+ years and went to Mint for $15 a month!

[randomaccount]

What about paying by taxes on the bonus you receive? That hurts

[bignamehusband]

I have a business and I had no idea about this. Would this be contingent on having great personal credit, or does the personal not factor? I would love to get started

[JAEHAUGEN]

Thank god for the 2X times speed for slow talkers

[Zef]

whats the episode you talk about getting deals on iPhones?

[jackreston]

You're soooo californian with your au pair and pony tail...