Pound to £5k Challenge

Week Nine

BEFORE WE GET STARTED…

I would greatly appreciate your help with something please!

If I have ever helped you save money, make money, or you just enjoy what I do, could I please ask you to vote me for “Money Influencer of the Year” at the link below?

It’s a tough competition but if you would be so kind, I would be exceptionally grateful! To vote for me, you just need to enter the following:

• Name: Thomas, The Bank Engine

• Handle: thebankengine

• Rating: whatever you feel!

• Reason: completely up to you!

• There are some other optional questions too!

WIN £10 CASH

With February coming to a close, don’t forget that you can be in with a chance to win £10 cash for sharing an update on your progress with me

This month, that could either be sharing a story and tagging @thebankengine in it or simply dropping me a message on Instagram letting me know how you’re doing so far!

WEEK NINE

I’m hoping that you are starting to get the feel for things by now, and are seeing your bank balance increase at least a little!

If there is anything that you are stuck on or have questions on, please email me (hello@thebankengine.com) or drop me a message on Instagram as many of you have already

I’m always happy and keen to help as your wins are my wins!

SIGN-UP OFFERS

You know that I love sign-up offers as it’s money for doing almost nothing and this week is no different, with a few new offers but also some BOOSTED ones that are well worth of taking advantage of!

£5 FOR OPENING A MONZO ACCOUNT

Monzo is a challenger bank with over 7 million customers and they want more so offer a referral scheme where you can bag £5 easily:

1. Open a Monzo account through my link & opt for a free account

2. Order the card (free if choosing a free account)

3. Use the card (physical or virtual) to spend (topping up Amazon works)

4. Receive £5 pretty much instantly

This bank account could then be used as your “switching account” to start bagging bonuses from other banks!

AIRTIME REWARDS: INCREASED BONUS

Airtime Rewards is a cashback app that we covered back in the early weeks of the Challenge and until the end of Sunday, if you sign up as a new customer you can get £4 easily:

1. Download the Airtime Rewards app before Sunday evening and use the code “AUWX6FFC” when signing up

2. Link your card(s) and spend at any of their retailers within 5 days (it’s easier than you think with how many are on there!)

3. Receive a £4 bonus!

DON’T LEAVE MONEY ON THE TABLE!!!

I know it’s easy to lose tabs on all the offers you’ve started or where things are amongst the chaos of life but please don’t forget to finish off the process as many offers have an expiry period where you then will lose your bonus (which we definitely don’t want you to do!)

The two main ones where this applies are:

• Trading212 (complete process within 10 days of signing up)

• Cheddar (buy a gift card within 15 days of signing up)

If you’re part way through either of those, there’s some easy cash as you’re already halfway there and it will take minutes to earn!

Want a refresher on these offers? They are super easy!

HOW TO KEEP TRACK!

As we progress through this Challenge, I know lots of you will be struggling to keep up with where your money is and where it’s coming from!

I designed the Pound to £5k Challenge spreadsheet (see below) to help you keep track of all your income streams and I know that lots of you are using this religiously but, for those that aren’t, here are my top tips:

• Mark aside 5 minutes a week at a time and day you have some peace and quiet where you can flick through this and note down your earnings on the sheet

• Open a separate savings pot so you can transfer any side hustle cash into it to keep it easier (I do this to slowly build up holiday funds from side hustle earnings!)

• Hold yourself accountable - tell yourself how much you want to earn each week and make a note of it, then flick through these emails and find the best ways to reach your goal and do them!

I appreciate this week’s email is a little light on offers but I don’t want to push offers I don’t believe in just to pad out the email, all of the ones above are tried, tested, and trusted!

I have an inkling that we will have some brilliant free money offers coming in hot throughout March so lets keep our fingers crossed!

COMING NEXT WEEK:

An exclusive look at my income so far this year and how I manage to achieve this whilst working full-time and trying to build an online business at the same time!

The best and latest free money offers!