Is it possible to make £500 a month

shabbadoof13

Just to give the original posted some hope

I am up to £850 so far this month. Hoping to make it to
£950 before the month ends which is a bit below what I earned last month which was £1100

All earned online...

haybel19

Just a thought from me we are a family of 3- two adults and 19 month old daughter our COMBINED gas and electric is only 68 per month so yours does seem quite high at combined 135?


Have you thought about earning extra writing reviews on CIAO - wont make you rich up every little bit helps. I quite like writing reviews and nice way to get a little bit extra. Also have you tried My Survey? They seem to have quite a few surveys at the moment?


Also Bzz agent often get freebies in exchange for spreading the word- this month I have had toffee crisp cereal, hair dye and 5 boxes of herbal teas in various flavours.


QMEE? Pays you to click links when searching online generally 5-7p per link but as most people do searches on google/amazon/ebay etc everyday may as well have.

ammiLy

mennie wrote: »

Thanks for all the replies
I know you are all right about the gym, haircuts, sky, etc I would like to keep them and make the extra money any way possible. If I can then I will ditch them. I will not allow myself to go into debt for any of these things so please don't worry.
...
I have cut things back a bit and decided I need to make a further £450 a month to sustain this lifestyle.

I wonder what do you mean by `this lifestyle`? All the insurance and bills are a necessity so no problems there. In regards to the gym, sky etc ask yourself if these are something you need for yourself or it's an image you're creating for others? I am sure many people who have been frugal for years will tell you that you can create that certain image for a fraction of the price! After all if you care about being seen using fancy gym more than you care about saving money for your family's benefit, you either not that badly off or you need to reassess you priorities asap i.e. before you get into difficulties. I believe that you would put yourself in a better position if you could not spend money instead of trying to earn extra money to cover the unnecessary expenses. Surely you would appreciate either more time with the family or spending the extra earnings on something more meaningful? Even if you put this away for a rainy day or your child's education.
I'm glad you're taking action and wish you all the best! :T

mattcanary

I can't see why everyone else hasn;t commented upon the best saving OP can make.


And that is to pay off the credit card debt in one go. Judging by the savings she has, that is entirely possible.
It gets rid of all her debts (apart from the mortgage) and saves £25.00 per month.
I'm sure that £25.00 per month is only paying the minimum repayments on that debt too (albeit the credit-card debt is at 0% interest).


Gym cost is only £27.00 per month. If she paid off the credit-card she could still go to the gym and be saving £25.00 (almost the whole cost of the gym membership). The £25.00 per month repayments on the credit-card is dead money - at least she gets something out of the £27.00 pe rmonth gym membership.
A no-brainer, I'd have thought.

thissavvystudent

I really don't mean to be rude here, but aren't these calculations you should have done prior to starting a family? You wondered how the government could expect a family of 3 to live on such a small amount, well, it's because the government expect people to be financially stable enough to start a family.

I do hope that you manage to meet your target as I would never wish financial issues on anyone, especially now there is a child involved. However, I would seriously reconsider going back to work as it sounds pretty stressful to be relying on entirely unreliable websites to help you pay your bills. Even the websites that others have suggested that make £500-£900 per month are ultimately unreliable, as the internet is never guaranteed, things go wrong online all the time. At least a job has a contract and you have rights.

mattcanary

thissavvystudent wrote: »

I really don't mean to be rude here, but aren't these calculations you should have done prior to starting a family? You wondered how the government could expect a family of 3 to live on such a small amount, well, it's because the government expect people to be financially stable enough to start a family.

I do hope that you manage to meet your target as I would never wish financial issues on anyone, especially now there is a child involved. However, I would seriously reconsider going back to work as it sounds pretty stressful to be relying on entirely unreliable websites to help you pay your bills. Even the websites that others have suggested that make £500-£900 per month are ultimately unreliable, as the internet is never guaranteed, things go wrong online all the time. At least a job has a contract and you have rights.

Or maybe at least one of them was earning more in the past, only to be made redundant from their previous job, after the children were born?


The point is how to deal with her family's situation as of now.
Not to pass judgement on her life history

thissavvystudent

mattcanary wrote: »

Or maybe at least one of them was earning more in the past, only to be made redundant from their previous job, after the children were born?


The point is how to deal with her family's situation as of now.
Not to pass judgement on her life history

Maybe so, but with such a small amount of savings to fall back on, I personally think it's risky to introduce a child into the situation.

Either way, I wish the op well and I do hope that she can meet her target. Hence why I recommended she reconsider taking on a job rather than doing things online.

Another option would be to take on a job, but start a blog about family life/saving money etc, you can monetize the blog and eventually make a decent amount doing that, but it takes a lot of time to make your blog worth reading and build up a following of people that will continue to read your posts. It's worth a shot, especially when you consider that if your blog/website becomes successful, you can leave the part time job.

ammiLy

As stated by the OP, the child is adopted so on this point I agree with thisissavvystudent - things should be planned in advance. And it is not as much a criticism of the OP as a warning to anyone else reading the thread trying to find ways to earn money. You have to plan for the future! And if things get tough do something about it. And children are expensive with potential to be very expensive.
As said before I feel respect for the OP for trying to find ways to earn that extra money and staying open to option to go back to work.

BillJones

HappyMJ wrote: »

£500 per month....£16.50 per day...easy. I make about £100 per day doing matched betting although you'll need a float of about £3,000 to be able to back and lay most of the offers. You can start small and work your way up.

You're making £36,000 per year from matched betting, plus what you earn from your day job?

mrkidd85

Agree that matched betting can be fantastic, but it's limited in that you can only sign up once and most bookies' bonuses end there.

Are you good at writing? Textbroker is a good site for you to write articles for people looking for web content.

People Per Hour is also good if you have decent office based skills. I'm an internet marketer, and if I work non-stop, can easily eclipse my wage from the internet.

Affiliate marketing is also good, as well as blogging. Review local establishments as a blog and you'll soon see advertising revenue come your way - or even better, start a photo or video blog of your child. Give advice to new parents and get your blog out there, you'll soon see money coming in in the form of advertising.