Extra income report – December 2017.
My first post of 2018 just happens to be a recap of the last month of 2017. It’s the second year of income reports that I’ve written, and it’s been a very helpful way of working out what side income streams work for me and what don’t. It’s also been a great way of keeping a journal, as my upcoming annual income report will show!
Read on for details of our extra income!
- Interest – £150.49
- Online earnings – £9
- Blogs – £283.69
- Cashback – £75.35
Total: £518.53
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:
Interest
Well, I kept on saying that a big chunk of our savings was in a regular savings account that was maturing at the end of the year, and here it is!
We got £135.41 from one 5% regular saver account with Nationwide. Regular savers are a great way of snowballing your savings and I firmly believe in them, especially keeping as much as possible in a high-interest current account and drip-feeding monthly into the regular saver.
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Cashback
On top of £3.48 for using my TSB credit card for 1% cashback, we had a £10.22 payout from Top Cashback as well as being able to withdraw our CheckoutSmart balances. What’s more, we received £17.81 cashback for using Lord Balders’ Nationwide Select credit card throughout the year. Brilliant result for doing nothing but our regular spending!
Blogs
Fanfare please! I’m very happy to be able to show some results from my hard work on my blogs. It has been – I kid you not – hard work. Not quite the same as working another job as an employee, but it’s been the kind of mental work that cares not for the concept of office hours and follows you around wherever you go.
In 2017, blog acquisition syndrome struck me hard, and I’ve ended up with four websites I’m actively managing. It has been challenging, but extremely addictive. And even though I can’t foresee all eventualities, I’m confident that the time I’ve put into gathering the skills and applying them to my own little online publishing emporium will have been well spent.
This month’s income has made Lord Balders take this enterprise a lot more seriously as well, which helps tremendously!
In conclusion…
I’m so pleased to have ended this year with my largest amount; it feels nicely rounded off. Make sure you check out the annual income report I’ll be putting together in a few days’ time to see how everything has worked together.
Over to you.
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?
