How We Made $2,704 in a Month With the 2020 Money Challenge

How can you make more money in the last few months of 2020?

Last month, we posted about the goal to make an extra $2,020 by the end of the year and how you can do it.

This month truly surprised us as so many things happened out of the blue – both money-making opportunities and savings.

Disclosure, this post may contain affiliate links.

Bank Bonuses – $30

Numerous banks offer sign-up bonuses when you open an account with them. This month we did two small online ones with Up Bank (now $15) and Ubank (now $30). ING has $100 for new customers.

Investing – $20

Small referrals from friends to investing platforms I use earned me this $20.

Online Surveys – $245

Surprisingly, this month, online surveys picked up. We hadn’t looked at them for a while but Octopus Group (the highest paying online survey site) had quite a few.

They pay over $16 per hour with the amount based on how long the survey takes.

Some surveys are 2 minutes, others 30 minutes and you get paid accordingly. This is where we made the most.

Check out my review and feedback from other readers here.

Swagbucks, PrizeRebel, MarketAgent and a few others are good too.

Check out this post on the best online survey sites for Aussies where most readers earn $2,000 to $5,000 per year.

Image of woman holding phone to text while standing in front of the computer at a desk. Text reads How I made $2,704 extra on the side last month.

Airtasker – $665 in 8 days + $325pw Ongoing

Having not used Airtasker for years, we jumped on and within a few days had already completed some tasks while locking in others.

We were surprised how easy it was, how quick some of the gigs were but be aware, there are a lot of low offers.

Check out this guide for how to make money with Airtasker.

In the 8 days we used it, we made $665 plus secured 3 ongoing marketing gigs invoiced from me directly instead of Airtasker.

Our gigs included some cleaning, gardening, fixing a business listing, buying and delivering Panadol, cooking a BBQ for an AFL event and marketing.

Cash Back – $50

If you haven’t signed up for cashback programs yet, you are leaving money on the table.

They are all free to join and every time you shop you can get cashback.

We made a few purchases this month due to setting up our house so cashed out more.

Use cashback apps such as Shopback and Honey.

Freelance Marketing and Writing – $1,699

We get asked a lot about this as people look for more remote gigs.

Freelancing any services can be great.

Check out how to become a freelance writer here, how to become a virtual assistant and these remote gigs we have done.

The last 18 months we did more travel-focused writing for magazines etc but took time off the rest of the marketing and services until this month.

Image of red-headed woman holding bag. Text reads How I made $2,704 extra on the side last month.

What Else can you do to Make Money in 2020?

Despite how the world is right now, there are things you can do to make more money, depending on the conditions where you live.

Rent Space e.g a Room or Garage

Check out this guide on how to make money with Airbnb and read this on renting a room to boarders.

As for renting out the garage, I did it privately a couple of times and through Spacer. I have more on how to rent out space in this article.

Rent Out Your Car

List your care on UberCarShare and let others drive it for a fee.

Reviews and Market Research

A few sites pay for reviews but it can take time to earn enough to cash out.

Alternatively, market research is usually 1 to 1.5 hours and pays approximately $100 per hour.

Find out more about making $100 per hour with market research in this article.

Sign Up Bonuses

Numerous businesses offer a signup bonus in the form of cash or discounts.

With the savings or discounts, put what you would normally spend into your saving account so it is a real saving, not just cash you blow on other things.

A few we have used include:

Get up to $200 off with HelloFresh, spread across your first 6 boxes for new and returning customers. Conditions apply.

Get easy meals from $2.19 per plate with this discount from EveryPlate.

45% off your first box with Marley Spoon and further discounts.

Up to $140 off Dinnerly, spread across your first few boxes.

You can find more bonuses in this list of freebies.