£40 in the Bank. Progress!

You know, I never really expected to make this post. But here we are; I’ve made my first £40 from completing surveys, cashed out and safely in the bank. It’s not much in the long run, but it’s certainly more than I expected to get from it. For reference, I have probably spent a combined 10 hours over the past month on surveys to get to this point, with that time split across Panelbase, Y-Live and Opinium.

The vast majority of that came from a market research Zoom interview I took part in following the completion of a Panelbase survey (this took about 45 minutes). They reached out, I picked a suitable time and this landed me a comfortable £30 without a lot of effort. I would recommend taking these offers up when they come around; I’m certainly happy with the outcome.

Now then, what’s next? Despite the temptation of a smooth, chilled pint of ale, this money will be reinvested. I have been hurt by crypto and the stock market before, so it’s definitely not getting traded (see: gambled) away. Fool me once!

I’m a techy by trade, so my first thought was to work out whether I could use this to finance my next software idea. Who knows. Maybe I could be the next Bill Gates. Aside from the… recently revealed questionable connections, of course.

In case you are curious, £40 in 2023 would let you run a small software side hustle for about 7 months. £10 for a .com domain, and the remaining £30 for a virtual machine, hosted in the cloud (at about £5 per month). If you think about it, that’s really quite impressive. We are now firmly in an era where you can, with a bit of elbow grease, get your idea out on the ‘net for less than a restaurant meal for two.

I’m not quite ready to reveal my idea yet (mainly because I’m still formulating it) but when I am, you’ll be the first to know.

Keep well.

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