Welcome to No More Spending; how we manage our budget as we attempt to pay off our mortgage early, move abroad, and reach Financial Freedom by 2020. You can read more about this site here and subscribe to get all the latest updates sent to you by email or RSS feed here.  Thank you for visiting!

22 February 2008

How I make extra money to pay off my debt

I get off my butt and get pro-active. My debt will not get paid off quickly if I do nothing.

We have the ability to increase our income in lots of ways, all of which have been blogged about numerous times. In an ideal world I would have all kinds of passive income streams, dividends, rental income, however I don't currently live in an ideal world so I need to get creative and get alternative income streams.

I eBay anything and everything, I sell on Amazon, I do car boot sales (similar to yard sales), I mystery shop, I click through cashback sites for 40 minutes a day (!), I blog, I live frugally and I work hard at the day job to achieve bonuses.

I set myself a target of making an extra £200 a month throughout the year and so far I'm achieving it. I'm getting rid of the debt while laying the foundations for the future, a future which will include passive income streams.

Anyone want to buy some old blinds?

Further Reading:
Earning Extra Money Challenge

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