Today poses a problem.  How to I characterize the earnings of gift cards?  I wrote a few days ago about how awesome a deal buying gift cards with Swag Bucks is.

Today my question is, if $10.00 at can buy a $20.00 gift certificate at a local restaurant…how do I report this income?  Is it $10.00 earned or is it the value of what I buy with the $10.00 earned?

I’m going to report it as $10.00 because I’m not counting capital gains as earnings on this blog (but maybe I should).


October 31st, 2014 - $10.00 in Earned
I bought this at Swagbuckss for 200 SB’s!

October 31st, 2014 - $10.00 in Credit Earned October 31st, 2014 - $10.00 in Credit Earned

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