Do you want to make some extra money this month? Today I’m sharing three super easy ways that could earn you at least £50 by the end of this month…
Do you know that if you could make an extra £50 every month between now and Christmas then you’d have £450 in time for Christmas? Or even an extra £200 in time for your Summer holidays?
I thought I’d start a new monthly series on here where I’ll share three ideas each month that will help you to make some extra money that month. If you just choose one each month then you should be £50 better off by the end of the month!
Before you start though, I’d definitely recommend setting up a separate bank account to transfer your extra money to when you get it – one that you can transfer money into super quickly before you spend it on something else. I find that being able to use my own bank’s mobile banking to transfer money into a separate savings account really works well for me as it’s super quick and easy to transfer money so I do it in the moment wherever I am before I change my mind about saving it. 😉
Some ideas will be easy, some will need more effort but whichever you pick, you’ll be glad you did when you see your savings start to mount up…
Have a car boot sale
It’s a great time of year to have a car boot sale and I’ll be honest, the chances are that you’ll make more than £50 if you decided to do this – and that’s taking into account your entry fee and the random stuff you won’t be able to resist buying from the stalls near where yours is. 😉
I’ve written about how to make money at a car boot sale before so I won’t give you the full-on version here but I would say that I’ve never made less than £100 at a car boot sale so £50 is totally achievable. I’m planning one myself this month if I can persuade someone to come along with me and help.
I’d avoid taking your big ticket items (bikes, electronics etc) along to a car boot sale though as there are better ways to sell them where you’ll get better returns.
Switch your energy supplier
This is actually the reason I started thinking about this post as I shared my refer a friend link for Bulb energy a couple of weeks ago and quite a few of you signed up meaning that you’ll all be getting an extra £50 in your pocket for switching (disclosure – the refer a friend link gives me a credit too).
Bulb has worked out cheaper for me than my previous supplier and I much prefer their super easy online management and renewable energy pledge so it’s a no-brainer for me and I genuinely recommend them to you whether you use my refer a friend link or you get in touch with them directly. But if this checker doesn’t show that they’ll save you money every month then even taking into account the £50 switching credit then it’s not for you.
If that’s the case though, you can still make £50 by switching using a cashback site to make the switch. I’m a fan of Top Cashback who currently have some pretty good cashback offers on switching:
The offers change regularly so I won’t share how much you can get from each of the above but as of today, they’re all the companies who are offering £50+ to switch to them (other than Spark which is currently £47.25 so just under the £50).
Just remember to transfer the saving across to your savings account when you get it – even the Bulb cashback which is shown as a credit on your bill. Just move money from your normal account because it’s now money you won’t need to pay – hope that makes sense.
Reduce your food shopping budget
Most people’s food shopping budgets can easily be reduced with a bit of careful planning so my last option to make an extra £50 this month is an easy one that involves very little effort.
If you know roughly how much you spend on your food shopping every week then for this month, reduce that by £50. That’s just £12.50 a week which is easily do-able but if you need some ideas, here’s a few ways you can reduce your shopping spend:
- Make sure you’re meal planning and choosing budget-friendly meals based on what you have in your cupboards, fridge and freezer already.
- Batch cook and freeze leftovers where possible so you have meals in the freezer ready to go – I could probably do a week’s worth of meals for my family right now based on the meals I have in the freezer.
There’s more ideas on how to save money on your food shopping here and if you want to see how much people really spend on their food shopping then have a look here.
You might want to transfer the money across to your savings account each week to make it easier – the smaller amounts that you’re saving weekly might easily be absorbed into your bank balance if you don’t.
So, hopefully, one of this month’s ideas will help you to top up your savings by at least £50.
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