How To Get A £1000 Pay Rise (Without Asking Your Boss)

What if I told you, you could get a £1000 pay rise without lifting a finger or awkwardly asking your boss. All it requires is some digging around your monthly expenses.

Most British employers expect to give their staff an average pay rise of 3% a year. This isn’t an obligation but if you are lucky, it means someone who’s earning a £30k salary would get £900 before NI and taxes. Now imagine taking all that extra income and giving it away just to listen to Drake on Spotify or watch the latest film on Netflix. I get it, it doesn’t seem like a big deal, what’s £10.99 a month for some Netflix and chill.

We’ve found that most people don’t just opt for one streaming service. They have multiple subscriptions and memberships with a combined average monthly cost of a £100 for activities and entertainment.

It takes is a quick revamp of your expenses to get a £1000 pay rise.

Subscription and membership services are a cultural norm. I don’t think you can run into anyone without a Spotify or an Apple music account, even if they were dead broke, they’ll somehow still have the cash to keep that account going.

Topping the list is Netflix the biggest video streaming service in the world. The company reported 247.15 million global paid memberships as of September 2023. Amazon Prime came a close second with 200 million and finally Disney+ with 150 million.

Platforms / Memberships to get a £1000 pay rise

The items listed above are some of the most popular choices Brits choose to sign up for. These memberships and services can slowly creep their way into your life and if not careful and eat away your monthly income.

A close look at your kid’s activity clubs will easily get you a £1000 pay rise.

Swimming lessons can cost anything between £17 – £50 per lesson, gymnastics £38.50 per month and football £40 per month. If they’re very good add on the costs of travel, kits, and competition fees. Not taking away the importance of keeping your children active but it adds up.

Take the necessary steps to come to terms with whether you really need all these services and memberships and what the cash you free up can go towards or can be invested in.

The key to getting this under control and getting that £1000 pay rise is a budget review every three to six months to ensure there isn’t anything surprising that’s made its way into your monthly expenses. This quick review is a great way to relieve financial anxiety and give you a sense of control of what’s happening in your bank account.

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