Here on The Money Shed we have a wide variety of members who are sharing their wealth of information with others. Our website is a fantastic resource for new or experienced money makers looking for ways to boost their income online. Whether you already use a number of websites and mobile applications or you are looking for something extra to help you earn more you’ll find lots of fantastic threads stuffed full of information.
Today we are going to talk to you about one of the most popular posts on The Money Shed; the TMS Earnings Challenge.
What is the TMS Earnings Challenge?
This challenge is a monthly thread run by members AldiToHarrods and Katykicker. Both of these members are experienced in online moneymaking and saving, and share their information with others. Both members have their own websites and are successful enough in their online ventures that they actually work from home full-time. Each month a new thread is created and a wealth of resources are shared with other Money Shed members. There are many useful links available within the thread to help you boost your income online and potentially increase your income streams.
How the challenge works
Each month all members are welcome to join the TMS Earnings Challenge. A new post will appear just before the start of a new month and then members can reply to state the target that they are aiming for. There are usually a wide variety of targets set by members, ranging from £50 extra to £2,500 extra so no target is considered too small to be included.
To take part in the challenge all you need to do is post the target that you are aiming for. You can then choose how often you update through the month, if at all. Some members will update daily, or even more often than this, and others will just post their total at the end of the month. You can choose how often you post your update and you also set your own aim, dependant on what you want to earn.
Everyone is welcome to join the challenge and it is possible to join at any time of the month. A running tally of all the active members taking part is kept on the thread so you can see, at a glance, what other members are hoping to achieve.
How the challenge helps to motivate people
TMS Earnings Challenge is a fantastic motivational tool. Whether you are posting once a day, once a week or once a month it is a great way to hold yourself accountable. As you can see the amounts that other people have been making you can also learn which apps and websites are great earning opportunities.
Some of the members who participate choose to keep a running total for each of the websites and apps that they use. This allows you to see how earnings grow throughout the month and is a great way to motivate people to open those survey emails or app notifications.
What you can include in your total
It is the personal preference of each member what they choose to include. Typically members will include earnings from mystery shopping, paid mobile apps, survey websites, matched betting and more. There are no hard and fast rules about what you can and can’t include so you do not need to feel restricted if you want to join in with the TMS Earnings Challenge.
Whether you are interested in selling items on eBay or earning a little more from matched betting you can choose the frequency that you update and what you include in your total.
If you are finding it a little difficult to choose a target initially then you can either post your first month’s total, at the end of the month, or you can just update your target as you go along. It is actually common for members to set a target and then quickly realise that they are able to beat this through the month. This is because the TMS Earnings Challenge is a fantastic wealth of information and even seasoned online moneymakers can find new income streams and boost their earnings.
Remember – All members are welcome to join, at any time of the month, and even seasoned online moneymakers can find new income streams.