September 2022 Free Cash Earnings Report £256 Free Money

Cash4Nothing September 2022 Free Money Earnings

Bank Rewards & Interests: £24

  • Santander Lite Bank Account: £5
  • Halifax Reward Account 1: £5
  • Halifax Reward Account 2: £5
  • Barclays Blue Rewards: £3
  • RBS My Rewards: £3
  • Natwest My Rewards: £3

eBay Sales: £232

  • Women’s boots: £17
  • Apple iPhone 6: £22
  • Kids trainers: £9
  • Lenovo PC: £137
  • Nokia 6 Smartphone: £61
  • Kids glasses return: -£14

September 2022 Total: £256 (+£156 over £100 monthly target);

£171 above £1,200 year target.

Bank RewardsDeclutteringTotal
MonthFree Cash Earnings+/- Monthly Target (£100)Accumulativeto Year End Objective (£1,200)
January £132+£32£132£1,068
2022 Monthly Free Money Earnings Bar Chart

£256 Free Money Earnings in September 2022. After a couple of underperforming months, I feel that this figure is definitely much more like it. Two streams contributed into the pot: bank perks and decluttering sales.

Bank Rewards. As long as I keep making money deposits, maintaining direct debits and making card payments as required from all my reward bank accounts, there is no change as to the amount I can rake in on a monthy basis. All things remaining unchanged, I find this figure steady and tailing off towards the £24 mark. My system operates automatically by transferring money via standing order from one account to the next in decreasing value but always over the minimum required to collect the reward. The difference in between what comes in and what comes out of each account is the money I need to leave behind in order to cover for direct debits and card payments. I log in every now and then to make sure there are no issues, but other than that, this free money collection process works on auto-pilot and feels like passive income.

Decluttering sales. I made a commitment to apply myself to the task of listing more redundant items and it has paid off handsomely. I had a backlog of stuff waiting for me to find the motivation to list on eBay and Facebook Marketplace. Well, September was the month I finally cracked the whip. I have listed no less than 20 pieces of clutter and I was lucky enough to produce some decent sales straight away. I flogged 5 items for a £246 profit after postage and fees. That is a ratio of £51 per item and a rate of £204/hour (15 minutes spent per item). As a performance measure, I have never had it that high. Encouraging re-start of my decluttering activities, however, I had an item returned to me setting me back £14. Not pleased about it, but still happy with £232 for the month. As it is always the case, I will elaborate on my sales in a future post.

So let’s recap as there are a few highlights. The most important one is that I have met and surpassed my £1,200 Free Money Objective for 2022. I have made £1,371 up to this moment in time. Hooray!

As for individual streams, I have met my £250 objective from cashback and I will meet my £250 objective from bank perks by the end of the year just by keeping the £24 coming in. On the flip side, I will need £44 more from decluttering sales to hit the £500 mark and I will also need to complete another promotion for a minimum of £75 to deliver the £200 objective (see Free Money Tracker). Pretty do-able I must admit but it will not happen unless I take some action. I have no intention of remaining idle. Momentum is with me and I have 3 more months to go. I am just curious to find out what number I can deliver. Bear with me.

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