Snowflakes are a spinoff of the snowball method that is used to pay down your debt faster; they are the little bits of money that you make, extra to your snowball, that speed up your debt free day; if you are debt free then you can also use any snowflakes to increase your saving rate.
My challenge for September is to make an extra £300/$460 in snowflake income. Every Wednesday I will be blogging my progress....let's hope there is some! :-)
So where am I going to make an extra £300? At the moment I'm banking on selling some books on Amazon, some stuff on eBay and some clutter at a local car boot sale. I'm de-cluttering and purging {again} in earnest.
I often wonder where I find all this stuff, but somehow it accumulates...I'm sure the children bring it in :D
The lovely Serendipity from Serendipity's Guide to Saving is joining me in the challenge, which is open to everyone, and I wish her luck in reaching her target.
Further reading:
- Extra Income Challenge at No More Spending.net
- Snowflaking - A Primer at Paid Twice
- 52 Ways to Make Extra Money at PT Money
This is an ideal time of year to make a little extra money, with Christmas coming, so why not join me and attempt your own snowflake challenge.
{photo source}

4 comments:
Hi and thank you for visiting No More Spending.