Extra Income Report – August 2017

Our extra income report for August 2017. Read on for what we've done to generate extra income outside of our jobs.

Extra income report – August 2017.

August has roared by and brought some amazing developments.

Our two years of DIY is mostly up, and our house is on the market. We’ve been spending our time wondering where to move to and working out how to make the most cost-effective choices for our situation: after all, buying a house is a big deal! With all of that going on, side hustles have been the last thing on my mind. So what have we done?

 

Read on for details of our extra income!

 

  • Interest – £10.85
  • Cashback – £4.85
  • Online Earnings – £6
  • Coupons – £12.56

Total: £34.26



 

Rules for calculating extra income.

What goes in?

Cashback, interest, bonuses, competition wins, discounts earned through loyalty points, voucher codes or special activity, found money (substantial amounts), gifts, tax refunds that would otherwise be unclaimed, earnings from online or offline sales, as well as earnings from surveys, apps and freelance writing work.

What doesn’t go in?

Our salaries, regular sale refunds (as in buying something and then returning it), discounts on items in store or online that are available to all, general estimates of what we could have spent but didn’t – as in, reducing bills and calculating what the difference would be.

 

 Here’s our income in detail:

Cashback

£4.85 came from using my Pockit card in B&Q when we bought these curtains.

It was a really good buy as we got some money off through discount vouchers (you can read about when we bought them here) and getting money back for picking the right card to spend on is so simple.

 

Interest

I like that we can get a tenner back in interest despite making next to no effort. Right now we’re not too focused on building interest on savings as we want to withdraw a chunk of our money soon to buy a house, so it’ll likely drop… oh, for the days when we were pulling in over £50 a month in interest alone!

Well, we could do that because we’d saved up a substantial deposit for our house, and now we’ve got it, so the pot has to be built up yet again.

 

Online Earnings

Oh man, I remember when I used to do surveys all over the place – I’d never have any time for the blogging I’m doing now, and even though the short-term income has dropped as a result of stopping them, I’m glad to say I’ll never go back to that level of involvement. I did two Pinecone surveys in August, and I’m happy to leave it at that level!

 

Coupons

I am so glad that I started to count up the value of my coupon gathering – my Asda price guarantee coupons have done well for me this month!

The £12.56 we put towards our food shopping came entirely from saving or wombling those APG coupons.

 

Read about Lee's extra income in August 2017! Click To Tweet

 

I’ve been wondering how it looks, posting relatively low extra income amounts… but I’m happy keeping it real here.

The truth is that I’m not motivated by money for its own sake, when I haven’t got a financial goal to meet, and right now, our main financial goal is to sell our house and buy another. All of our energy has been directed towards getting the house finished and on the market, and making money is a longer-term project as I’m setting up my art business, creating a course and writing like crazy.

I’m so happy to be able to see a long-term plan ahead and know that our frugal habits are helping to push me there!

 

So, over to you.

 

What do you think of my extra income for August? What have you tried to make some extra income? Let me know in the comments below!

Read last month’s extra income.

How did this year compare to last year?

Read last August’s extra income from 2016.

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