I’m a single mum who quit my job as a banker to become a model earning £1,200 a DAY – I bought 3 houses in a year
A SINGLE mum who quit her job as a banker for an OnlyFans career now makes £1,200 a day and has just bought her third property.
Lucy Banks, from Perth, Australia, took up adult content creation after quitting her business banking job in 2019 – and now claims her two sons are “set for life”.
The 31-year-old has just bought her third dream home this year, after making over £215,000 worth of sales in 2022.
“I bought my absolute dream home for my kids and I. We’ll never move again, we’ll stay there forever,” Lucy said.
“It is massive and has room for all our family and friends there. Even some chickens! I’m really proud to have done this and shown my kids that mum will always make it work for them.”
Lucy said she gained a good amount of equity after she bought and renovated her first property less than two years ago.
She began strictly saving for deposits with her earnings in September 2022 and has now been able to secure her sons a place on the property market before they’ve even reached the age of ten.
But the adult content creator is not stopping there.
She said: “I want to buy more properties and eventually have a portfolio. I hope to fund my retirement through these properties.”
Along with OnlyFans, the mum-of-two also has several online businesses she runs from home to create a “little empire”, and said that the flexibility of the adult platform allows her to be present for her kids.
“My kids go to two different private schools that cater to their individual needs; it takes me three hours every day to do the school run, but it’s worth it,” she said.
“After school I help with homework, cook dinner and put them to bed. My current job allows me the flexibility to do that… my former job did not.”
The mum has a range of side hustles that include selling visual adult content, a drop shipping website and talking to people for a fee.
But it didn’t come without its own set of challenges.
“Being a single mum on OnlyFans and being from a small town; I’ve copped so much judgement,” she said.
“My work is not illegal, and it’s just the same as anybody else’s internet business.”
Lucy is now hoping that other single mums hear about her journey and become inspired to invest in the property market with these “work from anywhere” platforms.
She said that “coming from absolutely nothing” meant she didn’t want to be risky with her money – so opted for property as the safest way to invest.
And when the OnlyFans model first began discussing building an investment property with her kids, they wanted to know how they could contribute.
Lucy revealed how she was touched at their gestures and said: “My kids both gave me $100 each to ‘invest’ in this new house; once we have tenants in it, they’ll both receive $5.50 each a week.”
The mum said her two boys came up with the idea themselves and earned the money from doing chores.
“It never even crossed my mind to include the kids in buying investment properties but my eldest son is so excited and is constantly talking to me about how to maximise their investment,” Lucy said.
“They have already worked out that by the time they are adults themselves, they will have enough for their own house deposits – all from this initial $100 deposit as children.”
Lucy has explained how she is wary of the potential future challenges her kids may face getting into the property market once they are adults.
“Buying a property is such a huge hurdle. There is no way I could have bought a property as a single mother without OnlyFans,” she said.
“My boys won’t be receiving hand-outs or trust funds – but I will put them through the best schools and I will help them be financially smart. The rest is up to them.”