Adding It Up – Additional Income

What with it being a new year and all (OK, I know almost a month has passed since New Year. What are you, the Time Police? Is that a stun gun? Aaaaggghhhhh) I thought I’d keep track of how much money I make in addition to my salary, to see how much I have by the end of December 2013.

Put simply, I’m going to record any extra income that comes my way that isn’t pay from my full time job or a gift. Anything else, it goes on the spreadsheet. I’m not planning to include coins found in the street unless this turns out to be a larger source of ‘magic money’ than I thought it would.

Sources of extra income are likely to be things such as;

Ebay
Amazon Marketplace
Kindle sales from Unfamiliar Country (yeah right!)
Cashback from online purchases

To keep the maths simple I’m going to ignore the cost deductions involved in Ebay and Amazon Marketplace – ie posting the sold items etc – and just include the money that comes into my account.

The money is being sent to a separate online bank account, dramatically referred to as my ‘slush fund’, to keep it separate from the sinkhole that is both my current and household accounts. What I’ll do with the money is another question. Probably something boring or practical.

So, for January I have made £41.21. This is made up of £21.21 from the proceeds of selling some old junk on Amazon Marketplace – an old PC game, a DVD, and a couple of books. All of which were casualties of my recent anti-clutter sweep.

Another £20 was made from cashback for opening a Netflix account. Technically I made £55 from cashback this month, but £35 of it was for a car insurance policy my wife paid for, so I’m transferred that to her.

Not a bad start to the year. I’ll update the blog each time some funds find their way into my grubby mitts.