How I Plan to Make an Extra £500

I have been thinking a lot lately about redecorating my house. It has been about 7 years since it was last done and its starting to look like it needs a freshen up. Rather than just think, it will be too expensive and I can’t afford it, I decided to find ways to be able to afford it and make an extra £500.

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The first thing I want to do, is get two of the three bedrooms plastered. My kids have taken it upon themselves to start removing the wallpaper in their room so I don’t wan’t to just re-wallpaper as they will probably just do it again! I haven’t had a quote for how much this will cost just yet, but I decided to save up £500 and that will at least get me started.

These are the ways I am going to earn an extra £500. I’m not giving myself a deadline but obviously, the sooner I earn the money, the sooner I can get decorating.

Matched betting

I’ve really been focusing on matched betting lately. Last month was my best month with my highest earnings from it. I did spend a lot of time doing it which I may not be able to keep up with but I want to do as much as I can so I can make as much income as possible from this.  Part of matched betting is free spins on casino slots. I really enjoy these and have got lucky a few times.They only take a minute or so to do and I have made £20 a time on this sometimes. Quick and easy money when this happens.

Mystery shopping

One of my favourite side hustles is mystery shopping. I mainly only do dining assignments which means free lunch. For each one I do, I normally make around £3, it may not sound a lot but I have also had a free lunch for two people. Sometimes it even stretches to free kids meals too. The £3 for each assignment will soon add up if I can book on to a couple each week. The company I use most is MarketForce, they always seem to have quite a few assignments in my area.

Overtime at work

I only work part time at the moment, I work every weekend which works really well for me with young kids. It also means I have time in the week to do some overtime. There isn’t always a lot going but when it is, I make sure I do it. I’m hoping to get a couple of extra shifts this month which will be a big boost towards my £500 goal.

I know this isn’t always an option for everyone, especially if you already work full time. But even if you can squeeze in an extra couple of hours, it will all help towards your savings goal.

Online surveys

I haven’t done many of these for a while. I am going to focus on the sites that pay out in cash rather than vouchers. That way I can transfer the money straight to my account once I have reached the cashout amount. The main survey site I use that pays out in cash is Prolific Academic. I like this site as it doesn’t screen you out of any surveys so you are not wasting your time completing them.

Selling my stuff

I have been having a good sort out lately. Especially as I want to redecorate, I don’t want to be hoarding things I don’t want or need. I had a good sort out of the kids toys so will list all of these on eBay or Facebook selling pages. I am also going to clear out my wardrobe as I have a lot of clothes I don’t wear anymore. These can be sold and put the profit towards my target.

Hopefully these things will help me get to £500 quickly. If you have any other ideas for me to try, let me know and I’ll give it a go!

Watch this space to see how I get on.

I’m taking part in the Monday Money linky with Lynn from Mrs Mummy PennyFaith from Much More With Less and Emma from EmmaDrew.Info

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10 Comments on How I Plan to Make an Extra £500

  1. Lauren
    April 25, 2018 at 12:50 pm (1 year ago)

    Some great ideas here, I’m a big fan of doing surveys and I’m trying to become confident enough to complete my first mystery shopper task! Great content, good luck in reaching your goal!

    • Alison
      April 25, 2018 at 6:54 pm (1 year ago)

      It can be hard getting the confidence to do your first mystery shop. I was so nervous the first few I did bit you soon get used to it. I’ve been sussed out a couple of times but you just get even better service! Lol

    • Alison
      April 25, 2018 at 7:36 pm (1 year ago)

      Thank you! And I definitely will do 😁

  2. Tuppenny
    April 25, 2018 at 5:03 pm (1 year ago)

    This is a great way to focus on earning some extra money – having a goal.

    I had some plastering work done recently and it was £420 for a days work and one room (kitchen)! No difficult bits as there was no kitchen, just bare walls. Going rate seems to be £200 a day each plus £20 for materials. I think I need to re-train as a plasterer!

    • Alison
      April 25, 2018 at 7:37 pm (1 year ago)

      I know, I don’t think it will be cheap but so worth it in the end 🙂

  3. Emma Drew
    April 28, 2018 at 3:07 pm (1 year ago)

    These are great ideas! Once I set myself a goal it is much easier to stay on track with making extra money! Good luck

    • Alison
      April 30, 2018 at 11:34 pm (1 year ago)

      Thank you 🙂

  4. Angela Webster
    May 4, 2018 at 3:45 pm (1 year ago)

    Good luck with your goals ! Have you tried Tern for mystery shopping they are quick paying and reliable.

    • Alison
      May 5, 2018 at 12:08 pm (1 year ago)

      Thank you. I haven’t tried them yet, will definitely look into it and give them a go 😀


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