Adding It Up – February

It’s time for a monthly update of my Additional Income Challenge where I record any extra cash that crosses my path during the year.

So far during February I’ve made £47.88 in extra income. £18.48 is from Amazon Marketplace sales, and £29.40 is from selling a couple of things on eBay. Unless more of the second hand books I have listed on Amazon sell, that will probably be it for the month. That brings the running total for 2013 to £89.09. Not a bad start.

I worked out that if I take the net pay I receive each month from my salary and divide it by 30, the rough number of days in a month, I get about £54 per day. So for each month that I hit the £50 mark I could in theory take a (unpaid) day off, having made that money elsewhere. Effectively earning myself spare time.

What would I do with that time? Write. Read some of the books in my ‘to read’ pile. Play Xbox. Watch films and TV series. I’m not sure really, but the point is I’d be free to do whatever I wanted. Which is the ideal scenario when it comes to earning money, surely?

Does anyone else do this, earning income on the side to indulge themselves in their passions? How do you do it? What do you do with the money?