October 2021 Free Cash Earnings Report £512 Free Money
Bank Rewards & Interests: £18
- Barclays Blue Rewards: £8
- Co-op: £1
- RBS My Rewards: £3
- Natwest My Rewards: £3
- Santander Lite Bank Account: £3
Interests over Savings: £42
- Moneybox General Investment Account £2,000 Emergency Fund: £42
- Broadband switch: £50
- Casual purchases: £14
- Cancelled broadband contract refund: £10
Bank Account Switch Promos: £225
- Nationwide Account Switch: £125
- Club Lloyds Account Switch: £100
eBay Sales: £153
- Levi’s Jeans: £22
- Galaxy Tablet: £30
- Pair of trainers: £23
- Oak Shelves: £26
- Digital phones x2: £50
- Car Magazine: £2
October Total: £512 (+£428 above £84 monthly target);
£1,964 above year target.
|Bank Rewards||Interest on Savings||Cashback||Freebies||Promotions||Sales||Total|
|Month||Free Cash Earnings||+/- to Monthly Target (£84)||Accumulative||to Year End Objective (£1,000)|
£512 Free Money earnings in October. Just brilliant. Best month ever since I re-started my Cash4Nothing Venture apart from the June Tax Return. In addition, I recorded earnings in all areas (I am struggling to recall such an occurrence in my all time Free Money activities). It is £2,964 Free Money from January until now meaning that I am £36 away from my revised £3,000 target for the year. By contrast, the current Fund Value is £3,088. Not blowing any trumpets but I am not shy to share that the number feels great.
Back to steady state in the Bank Rewards department after the instability of the last three months as a result of having to cancel and setup direct debits. I am collecting £18 per month and all I need to do is log in as of when to check on my earnings. Passive income really.
I keep £2,000 as an Emergency Fund in my Moneybox General Investment Account. It bounced back from £2,042 to £2,084. I am back in the green having gained £42 in interest from the previous month. Ups and downs but there is clearly an uptrend in the long run. I am enjoying the short-term moment.
Having upgraded my broadband service to Fibre Optic (see A £110 Cashback Reward for my New Broadband Contract) and cancelled my previous contract in the process, I received a £10 refund from my old broadband supplier as it seems that I had overpaid by the time the contract was due. Completely unexpected which in my world automatically qualifies as a Freebie. Thanks a lot.
On a no so positive note, I have experienced a nightmare with my new broadband supplier. I will elaborate fully in a future post. Dreadful, appalling service which left me no choice but to go for an alternative supplier. From a Free Money perspective, I will not be collecting a £110 Cashback Reward but a £50 one instead. The good news is that it was paid out within a week of registering as a new customer. Another £14 in Cashback from casual purchases and courier services were paid on top. Overall, a £64 addition into the Pot. £52 came from Topcashback and £12 from Quidco. £241 Cashback Earnings so far. I just need £9 more to hit my £250 target. As it stands, I have approximately £15 worth of tracked cashback waiting to mature. Question is whether or not it will be confirmed as payable over the next two months. I am confident that it will so that I can green up the Cashback Box.
Bank Switch Promotions. Absolute nought for nine months and then I completed two in October. Puzzling but true. I had to take it as it came and took it I did. I collected £125 from Nationwide (see Nationwide Bank Account Switch £125 Cash Reward) and £100 from Lloyds (I will elaborate on a future post). £225 looks like a beautiful number to me. I can now put Promotions to rest for this year (should I wish to) since I surpassed my £200 target. Excellent news.
£153 Free Money Profits from unwanted items sold on eBay. Seven sales translate into an average of £22 per item. This number is relevant to me because it gives me an indication of my time/reward ratio. Three items per hour are currently paid at a £66 rate and there are no sourcing costs involved. 100% worth my while. I sold a mix of clothing, furniture, electronics and magazines. Diversification works. See my post £153 Profits from eBay Sales in October 2021 for more details.
I have good reasons to feel upbeat. I have met all my objectives for the year except for cashback (just £9 short) and I am £3,000 better off. Still two months to go and I am curious where I will end up earnings wise. Anything is possible.