An image of a family home to show how you can make an income from a spare room in your house
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

How To Make A Lucrative Income From A Spare Room

Making a lucrative income from a spare room in your house is not as hard as it may seem. There is currently a spare room rental boom due to the lack of affordable accommodation, the taxman is on your side and it’s not exclusive to homeowners either! You can currently earn up to to £7,500 from renting out your room…

An image of a wireless router to emphasise the extra cost when you are in a broadband rolling contract
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

Your Broadband Rolling Contract Is Costing You Hundreds

If you’re on a broadband rolling contract it’s costing you and many other Brits around £1.5 billion a year in wasted subscription charges you could be getting much cheaper. Out of contract broadband prices have steadily increased by 38% since 2011 for copper connections and 19% for fibre connections. In direct contrast, in-contract prices have pretty much remained steady over the same…

How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

5 Ways To Cope When Flu Season Costs You Wages

Flu season is well and truly in full swing and sometimes through no fault of our own, we cannot make it into work and it ends up costing us our wages. The problem these days is many employers don’t pay wages for any kind of sickness, meaning employees try and brave it and come to work coughing, spluttering, stuff growing…

An image to show a family protected by a watching hand to describe the need for a life insurance policy
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

Why You Need A Life Insurance Policy And What They Mean

I’ve just become an uncle for the second time so it’s time to adjust my life insurance policy again. PK and I have no plans to have our own children, both of us are more than happy with being great uncles! However, it’s important to us that we leave the two littlens something when we’ve popped our clogs and have become…

An image showing a heart cloud to depict Valentine's Day
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

6 Reasons I Hate Valentine’s Day (And You Should Too!)

The slushy, mushy, lovey dovey, puke fest that is Valentine’s Day is almost upon us. If you haven’t already guessed, I’m not a massive fan, neither myself, nor PK have a single romantic bone in our bodies. It embarrasses us and generally makes us feel a little sick – sorry to you romantic souls out there but you can’t please…

An image showing a skimming stone across a lake to depict skimming your bank account.
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

Skimming Your Bank Account: The Easiest Way To Save Money

Start skimming your bank account regularly and you’ll be amazed with how much you have saved in just a few months! OK, first of all, when i talk about skimming your bank account I’m not suggesting you take part in anything illegal! But, if you’ve been keeping up with me this week, you’ll have noticed I’ve been banging on about…

The image is a picture of a receipt highlighting why you should never throw them away until you have maximized their potential using various mobile apps
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

What Is Receipt Hog And Why Should You Use It?

I’m always looking at ways to cut the cost of my outgoings and this year I’m making it my mission to pay for as many birthday and Christmas presents with vouchers as possible through a variety of apps, including Receipt Hog. I’ve been looking at ways I can maximise my shopping spend and Receipt Hog is an app that stood…

An image of a penny to depict the Penny Challenge.
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

DJT’s 365 Day Penny Challenge

You will probably have come across lots of saving challenges, especially at this time of year, but I have adapted the Penny Challenge to suit me and my saving aspirations. In normal circumstances the Penny Challenge works by adding an extra penny to your total per day, for e.g. 1p, 2p, 3p right the way up until you put £3.65…

What saving challenges are there? Do saving challenges work? What are the best saving challenges? How successful are saving challenges?
How To Make A Lucrative Income From A Spare Room | Thinking Thrifty

Two Saving Challenges I Will Complete This Year

Ever since I started this blog around a year ago I like to set myself saving challenges for the year. Last year I just had set standing orders topping up various accounts, however this year I want to go a step further, living off no more than 50% of my wages. I tried and failed this last year, but still…

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