Thursday, April 16, 2015

Free Postcode Lottery

I have just joined the free postcode lottery website. Just register by entering your postcode and email address and visit the site each day to see whether you have won. You have to go to the site to check and claim your prize or else your prize is rolled over to the next day. You get a 1p bonus every day that you visit the site which will be added to your winnings if you do win a prize. The current prize is £100 a day and their are extra prizes too. It is free as the prizes are subsidised by the advertising on the site and you may have to answer a question to reveal the winning postcode. It is well worth a look and Money Saving Expert have recommended it so it must be genuine!

Tuesday, April 07, 2015

New Beginnings

I always feel like the new tax year is like a new beginning for me. I have an opportunity to earn a nice chunk of money during the year. March is always a high earner for me, I think because people want to spend money at the end of the tax year and also because I am spurred on to get my yearly profits up. I also have a long month as I always include my earnings up until the end of the 5th April in March so that it makes doing my end of year accounts easier. I did those this morning, so I know that I had an unimpressive year earnings wise although I did contribute something and spent quite a bit of time giving the children extra schooling so that was certainly worthwhile. I have plans to buckle down with some hard work once they are back at school until the summer holidays when I will be schooling them again.

I have discovered that I can write articles and then sell them on digital point forums. It does not earn me as much money as when customers request articles but fills in the time between jobs and is quick to do as I can write about whatever I wish. I have one customer that is putting a lot more work my way and with the NASCAR season starting again I write about that for one customer too. Now the weather is better, I also feel more inspired to get fitter so I hope to do more walking as well, which will hopefully give me thinking time to inspire me to write. I must take a note book with me though!

Lastly I will be working hard on cutting unnecessary spending. I have already started using the tumble dryer less and switched our gas and electric supplier to save money. I need to cut down spending on things like magnetic sports bracelets so that I can really work hard on making sure I get my goal of £9,000 paid off the mortgage by the end of the year. It should be doable but I will need to be careful, focussed and work hard. Hopefully I may even be able to pay off more. The aim is to get as much saved up to pay it off as possible, before interest rates go up. With the uncertainty of the election it is hard to predict what might happen especially if a new party get elected and they decide to set the rates instead of leaving the decision with the Bank of England.

Best get working.....!

March Earnings

Writing - £224.81

Article Writing - £185.43

Digital Point Forum Article Sales - £39.38

Book Sales - £80.23

Amazon Book Sales - £80.23

Other - £243.04

Quidco - £61.14

Waterproof memo board sales - £118.54

Search Lotto - £0.16

YouGov - £50.00

Clixsense - £13.20

Making a Grand Total of £548.08

Thursday, April 02, 2015

Tax Year End

Well it is almost the end of the tax year so I will be getting all of my accounts in order in a few days time ready for when I am sent my self assessment tax return. My income is very much lower this year, partly due to a lacking of work but also because I purposely kept my workload lower so that I could spend more time with the family. This was well worth it and I plan on continuing to do this.

I realise that I am very fortunate, in that my husband does a job which pays well so we are easily able to afford treats and things such as a gibson historic without it making us short of money. I also look after the finances very well, making sure that we do not buy unnecessary things and that we keep our bills low by being efficient with our water, gas and electricity use. Our low mortgage also helps but we do invest a big chunk of money ready to pay off the amount owed. We still have ten years left to pay it off and are not too far from having the total sum. However, handing over all that money and eliminating our financial buffer is a scary thought. We will probably not do it immediately unless interest rates rise too high anyway. just so that we are secure.

Monday, March 02, 2015

Mortgage Calculation

I have been looking at how much I still owe on my mortgage and how close I am to being able to pay it off. At the moment I am outstanding £94,497.03. I borrowed £100,000 back in 2001 and have put some money in the associated savings account which is why the balance has come down. As it is an interest only mortgage, I have not been paying money off regularly, especially with interest rates so low now, but have been saving money elsewhere.

At the moment I have the money that I have saved up in premium bonds. I have tried putting money in shares in the past and lost quite a bit so that scared me and I did not want to gamble with my mortgage money. Therefore, I have put the money into Premium Bonds, split between two accounts in my and my husbands names. At the moment we have £35,325 in one account and £30,500 in the other. This means that we still have £33,976.24 left to find before we have enough to put by to pay off the mortgage.

We save £750 a month which means that we will have enough to pay the mortgage off in under four years. This is great news, but I am concerned that rates may start to rise sooner than that and that we should try our best to get it paid off more quickly if we can. My husband has been promised a bonus in May and October, which could help, but it depends on whether he decides to treat himself to something instead. I have also got quite a large outstanding water bill (due to them not billing me as I have a leak) and I will need to pay that off once the leak is fixed so that will take a chunk of money. I had saved it up, but as it looks like the leak may not be fixed for a long time (complicated story!) I spent the money I saved on a holiday, knowing that I will be able to pay the bill from money from the Premium Bonds if I do not have it anywhere else.

My short term goals are to get my earning up so that I can contribute more to the income and therefore we can save more towards the mortgage and in the long term hopefully pay it off before rates rise to a significant level.

February Earnings

Writing - £83.57

Article Writing - £83.57

Other - £36.20

Quidco - £4.14

sponsored posts - £12.60

waterproof memo board - £19.11

Search Lotto - £0.35

Making a Grand Total of £119.77

Thursday, February 19, 2015

Top 5 Benefits of LED Lighting in a Commercial Space

Many companies are now turning to LED lighting, even small companies, but what are the reasons that they are doing it and are these benefits worth it for you?

1. The top benefit is the cost saving. The LED lights are cheaper on electricity than standard lighting and over the years this can add up to a big saving. It may be expensive to swap over the lights to start with but those savings will keep adding up and energy prices keep going up so savings here could really add up. You could always make a slow change over doing a few at a time so that you do not have to pay out for the whole exchange in one go.If you are looking for cost effective lighting for your business, why not have a look at commercial LED lights?.

2. Environmental benefits are also great. Although this will have no immediate impact on your business it can give you several benefits. You will feel better knowing that you are doing your bit to help the environment. It will also make your employees feel better, that they are working for a company that cares. There are many green LED light suppliers out there to choose from.

3. The look of the lights can also be a benefit to you. The more modern look will help your office to keep up with the times. You may not worry too much about that but your employees want an atmosphere to work in where they feel comfortable and if they are happy then their productivity should go up and that means more profit for you at the end of the day.

4. The LED bulbs should last a lot longer than standard ones. This means that you will not have to get maintenance in to repair them so often and also employees will not have to put up with working under  dim light while waiting for the repair to take place.

5. LED bulbs are less easy to break. This means that when you store your spare bulbs, they should remain in better condition and you are less likely to take one out of the box to find that it has broken.

As you can see, there are many advantages of buying LED lights for your business premises. It is therefore worth taking a look at different suppliers to see what would fit in to yours.

Monday, February 02, 2015

January Earnings

Writing - £184.05

Article Writing - £184.05

Book Sales - £130.45

Amazon - £69.49

Smashwords - £60.96

Other - £82.62

Quidco - £20.08

sponsored links - £42.55

waterproof memo board - £19.99

Making a Grand Total of £397.12

Thursday, January 22, 2015

January Spending

I know that some people are really struggling financially this month. January is a tough time for many people. Obviously the Christmas spending is the big problem but also being paid early in December and getting in to the habit of buying this may not help either.

It is therefore probably best to be very careful with spending in January. I would recommend reading a lot of reviews of items before you buy them such as these Scarlett 18i20 reviews as it will not only delay your spending but also ensure that it is the best way to spend your money. It is also good to set a budget so that you make sure that you are not spending more than you can afford It is worth remembering that after this month things will be easier and so it could be wise to put off some spending until next month.

Recent Earnings

My earnings have been down for a while, but I was surprised that in January they picked up. I was actually thinking that I may have to think of something else to in order to earn money because things were not turning out too well. Then suddenly a selection of old customers asked me to do more work for them. Some of them have already given me the work and others will be giving it to me soon. This makes it look like I will still be able to earn some money with my writing work and so at the moment I plan to continue with it.