Paying off debt effectively is not just about being tight fisted; sometimes it’s about making the extra effort and earning more money. Sometimes one job will not do. As you all know I have a lodger, who stays a couple of nights a week to save him a huge commute and I earn £30 a week from that, which in turn pays for my travel costs. Anyone can have a lodger without paying tax by letting out a room, which makes it a simple transaction without paperwork.
I also tutor four students a week and after tax I earn £88 a week, which I receive after a twelve week block of tutoring. I will be paid in another ‘block’ at the end of June and I will transfer that straight into one of my debts. Teachers need to make the most of the scheme that enables schools to fund extra help for students as I am sure this funding will have to be cut as it really is an expensive luxury that the DCSF (dept of education) may not have the money for in the future.
I’m also marking English exams for the AQA exam board and will mark a small amount this year of 400 (2 essays per candidate!) and I will be paid at the end of July. I am exhausted and wish I didn’t need to do this but I’m well trained and well qualified which means I can find plenty of extra work and earn plenty of extra money.
I’ve also lined up some work for the school holiday. So far I am signed up with a dog sitting agency to provide lodgings, care and company for dogs. I also hope to get some weekly caravan cleaning to fill every spare day I have with working and money making. I also believe if you don’t take any time off then you can’t spend any money and in this economy, we really don’t know where the next pound is coming from. In short, if there’s work…..then take it.
I get all the rest and relaxation I need in my own home, all the fun I need in my own garden and out and about with my dogs and there truly is nothing that I need. I’m gritting my teeth, I’m set, I’m focused and I have to keep reminding myself that I got myself into this mess and only I can dig myself out of it.