Geoff’s diary

geoff80uk

Money Making Megastar!
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Jan 3, 2017
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Hi folks,

So I thought it might be worth writing a little diary on here so that I can share how I am making a little extra money which is, to be fair, blimmin’ useful! I am very lucky that I am not in any substantial debt (I pay for a car but keep up to date with my payments) so I take the view that what I earn goes towards that.

There is though a slightly more personal reason why I want to make more money. A few years ago, I had £10k arrive into my bank account, but over the course of time, I managed to spend a lot of it. Combine this with going through a difficult time personally over recent years and now I am determined to make it back. If and when I have £10,000 in my bank account, then that will be a job done.

I keep a record of the extra money I am earning. I did well in September, with £465 earned extra, although generally I do earn a bit less than this. I also have a full-time job which is pretty demanding, but I get a great sense of achievement when I earn a bit of extra money.

Since I started doing this, I have made roughly £3,500 (I keep extra earnings in a separate bank account). That’s since July last year, so it’s working out on average at £250 per month.

Here are the things I have been doing since then:

Matched betting - I was doing this fairly aggressively for a year or so and still occasionally dabble. However, lots of gubbings, not qualifying for free bets, and general increasing stress of it all meant that I have really dialled down on this - it wasn’t good for my mental health, especially the casino offers, which yes I know make money in the long term, but in the short term you can lose.

Surveys - I do these, but not so much as I used to. Many sites pay pretty poorly; that is if you get paid at all, and don’t get screened out. However, I think the PopulusLive, ProlificAcademic and Pinecone websites are good. I get fairly regular stuff from them and had several payouts. ProlificAcademic is probably my favourite - enjoyable research surveys which can pay pretty decently.

Mystery Shops - Roamler is my top choice on this one. BeMyEye is OK, but I have less confidence my submissions will be approved and some of their missions aren’t that easy to complete. There are other apps too which also are OK. I’d say I make a fair chunk of my extra income from these: some of the ones I’ve done have paid £20+ and there are quite a few locally that I do.

Focus Groups - extremely profitable if you can get them. I’ve done a few in recent months, plus there is a local organisation which does them - you get paid £10 a time, which can be exchanged for vouchers for high street shops (which is fine). You are often in and out in about ten minutes, trying new food products.

Receipt scans - don’t overlook these; you might as well do it since it’s free and you get paid cash - I’m just about to withdraw £10 from Storewards. Takes ages to build up but worth it as it’s a quick two second job!

Anyway, my aim for October is to make £250 - anything extra is a bonus.

As for my longer term plan to get to £10k, we are looking at a couple of years for this; basically I want to make another £6,500, which at £250 per month would take 26 months. So by Christmas 2023, I will have hit the milestone - but obviously, earning more will get me there quicker.

One final thing. I am tempted by doing something on sites like Fiverr (is that what it is?). I thought of the idea of creating special occasion messages - tailored to what the client wants but recorded professionally (I have experience and access to equipment). I’m just rummaging the idea around my head but thought maybe that’s a little money spinner somehow? Perhaps with added visuals? One to think about I think, not sure if it’s something that would work but just a vague idea in my head.

Anyway I will keep a diary on here to keep me somewhat accountable! It’s been good to post!
 
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rninja

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@geoff80uk, your Fiverr idea sounds good. Look at similar gigs for inspiration, then put your own unique spin on your idea. Consider working for a lower rate to get clients and feedback ratings. Then slowly increase your rates (and factor in Fiverr's 20% cut). Good luck!
 
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geoff80uk

Money Making Megastar!
Joined
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Bury St. Edmunds, Suffolk
@geoff80uk, your Fiverr idea sounds good. Look at similar gigs for inspiration, then put your own unique spin on your idea. Consider working for a lower rate to get clients and feedback ratings. Then slowly increase your rates (and factor in Fiverr's 20% cut). Good luck!
Thanks! I shall investigate! But something that I reckon I could do
 
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geoff80uk

Money Making Megastar!
Joined
Jan 3, 2017
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Age
42
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Bury St. Edmunds, Suffolk
Haven't written in my diary for a while, and going to make more of a habit of this in 2022 (there's a new year resolution right there).

As we approach 2022, I have been evaluating my goals, including my financial ones. Looking at my side hustle income over recent months, I've been doing OK really, I've had some good months (approaching £500 in my best month last year) and more often somewhere between £200 and £300 per month.

Focus groups have been good for me, I've earned quite a bit in vouchers, and in cash too, I'm doing one right now in fact that will pay £125 in January.

I'm pretty much finished with matched betting, although I might return to it in the future. I've lost a lot of accounts which makes it a lot harder.

Next year, I would like to continue to earn £250 per month extra in a combination of vouchers and cash - meaning that I'm aiming for £3,000 extra in December. I think that's doable - and will cover the cost of my monthly car payments + mobile phone bill + extra sundry payments.

If I can get something going on Fiverr, then hopefully I'll get more!
 

unicornrider

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All sounds good, it's nice to here about the different ideas. Keep on it!
 
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