The school summer holidays can be a trying time for anyone with a family as a routine is flung out of the window, the kids need entertaining, and many families are away on holiday. All of this ultimately leads to more expense and less time for any “side hustles” to help cover the costs.
However, for those of us with a job in education like myself, a summer off work gives me a lot more time to work at making some extra cash. This is why I decided to set myself a challenge to earn an extra £500 in the 6-week break between 20th July and 3rd September. I’m pleased to say I managed to smash this target with a total of £516.33! Read on to see exactly how.
eBay = £197.58
You might be slightly disappointed, as I was when I began my own money making journey, eBay seemed to feature so heavily in blogs as a way of making some decent cash. Like most of us I had dabbled in it in the past but became disheartened when my items (mainly clothing) fetched so little money, and then I had a couple of non-payment issues which put me off altogether.
However, I decided to give it another go earlier this year after reading so many success stories for the UK Money blogger community. When I had a clearout of items such as computer games and old electricals that I might as well try and sell them. I did so well and began to enjoy it again that I now use it to try and bring in a steady stream of cash each month. I even try and source items from car boot sales and charity shops.
Some of my best sales over the summer holidays were all things I owned in the 90s and found in various corners of the house!
Olympus Mju II 35mm film camera – £100.00
Sony PlayStation 1 game – £30.00
Beastie Boys t-shirt, so old it was relegated to wearing around the house – £24.99
A couple of years ago I would never have considered any of these things to be worth anything, and they were all just lying around my house unused! I’m thankful now they didn’t end up in the bin.
Matched Betting = £83.13
Again, Matched Betting is something you have probably read about on a multitude of money blogs – but there is a good reason for this – it works! That is not to say it is easy. Not only do you need a pot of money to start you off (risk-free) but it takes dedicated time and effort daily to make the most money. The reason I have not made more with Matched Betting over this period is just that I didn’t have a bigger pot for my liability, which limited me to doing a couple of offers a week while I waited for the money to clear and reuse. My ultimate aim is to build up my Matched Betting pot to around £500.
Quidco = £70.00
Now obviously this money has not been made over the six week period, but I have been saving it for a rainy day, and it was needed over the summer. The biggest amount of cash back I have made was £46 – which was 10% of an outdoor playhouse for my daughter. I always make sure I check for cashback when considering a big purchase such as this.
Virtual assistant = £125.00
I run the social media account for a friend’s business with over 28k followers on Twitter. I am required to make between 10 and 15 tweets a day which I schedule in advance, as well as 2 or 3 facebook posts a day. This was something that they approached me about, but there are plenty of Virtual Assistant roles out there. If I had more time currently (I am either working three days a week or looking after my 3-year-old), it would be the next avenue I would look into as an additional income stream.
The rest = £41.18
I made £20.00 from collaborative posts on my blog and £21.18 on survey sites. (QuickThoughts £11, Populous Live £8, Curious Cat £1.18) This could have been more, but I found I did not have much time or motivation for surveys. I will continue to use surveys when the mood takes me, but they are often minimal payout for a lot of time. Every little adds up though!
If you are thinking of trying to make some extra cash, I hope I have inspired you to try out something new – with a bit of time and effort there is no reason why any one of these different side hustles can’t work for you too!
Today’s guest post is courtesy of the lovely Melissa Shaw at Skinny Spending. Please give her a visit.