We can all use a little extra cash nowadays, as prices rise and our wages don’t stretch as far as they used to. Finding ways to make money around your professional life can ensure your quality of life is good. There are many ways you could consider making money, and these options can easily fit around your current responsibilities.
Some options may not take much time out of your day, while others may be more complex and time-consuming. You’ll need to know how much time you can dedicate to earning more money without burning out. It can take some time to get the balance right, but it will be worth it.
Rent Out Things You Don’t Need
There are all kinds of in-demand things you could rent out to make some quick extra cash. Parking spaces, cars, spare rooms and designer clothing are some of the most sought-after options. If you live in a built-up area or a city centre, you could earn good money from renting out your car or parking space.
Taking on a lodger in your spare room can be very lucrative, though you should be cautious and thoroughly vet any lodger you consider taking on. More and more people want to enjoy the luxury of designer clothing without dealing with the steep price tag, so if you have some pieces in good condition, you can earn decent money renting them to people for special events.
Go Freelance
If you have in-demand skills and enough spare time to dedicate to extra work, freelancing could be the choice for you. You’ll need a portfolio to show prospective employers your work and excellent time management skills to ensure you give the best service to your freelance clients without letting your regular work quality slip. You’ll also need to understand how tax works for freelancers and ensure you stay on the right side of HMRC.
Become A House Sitter
House sitting is one of the easiest ways to make money around your day job. It is particularly popular among those who work from home, giving people an opportunity to earn during their work day.
House sitting usually involves staying in someone’s home while they’re away and includes duties like caring for pets, watering plants, monitoring CCTV, and recording TV. There are many house-sitting platforms you could sign up for that help match house sitters with people in need of their services.
Sell Unwanted Items
If you have items you no longer use, you could consider selling them on platforms like eBay or Facebook Marketplace instead of throwing them out. This can be a great way to earn a little cash back on old purchases here and there. You could also gather up a car load’s worth of items and take them to a local car boot sale. Just be aware that pricing your items correctly is critical; too high, and you won’t get enough interest, too low, and it won’t be worth the effort of reselling.
Try Your Hand At Online Casino Games
Casino games can be both highly entertaining and lucrative if done right. When playing any game of chance with money on the line, you should be cautious and never gamble more than you can comfortably afford to lose. If you have never played casino games before, starting small and simple with games like slots is best.
Slots can be a great way to dip your toe into the world of casino games before moving on to more challenging games requiring skill and strategy. You should always do your homework before choosing an online casino and find one that offers value for money with excellent security. Online Casinos offers a great list of the most trustworthy and high-quality online casinos available at www.OnlineCasinos.co.uk.
Get Self-Published
If you have always pictured yourself as a published author, this goal is more achievable than ever before. Self-publishing with the help of publishing giants like Amazon has made becoming a published author more accessible than ever before.
It can be a pricy venture, particularly if you want to publish hardcopy as well as e-books, but the process is simple. Many of the biggest authors in recent years have been self-published, meaning this has excellent potential for making money.
Pay Down Your Debt
While this doesn’t necessarily count as earning money, paying down your debts can free up income that would otherwise go towards interest payments. The more debt you have, the more you’ll be paying in interest, which goes directly to the lender. It’s much better that this cash stays in your own pocket for you to spend yourself. When paying down debts, it’s best to start with the one with the highest interest rate, as this will free up the most of your money each month.
Buy And Sell Collectables
There are many collectables with large markets and demand, so if you have an eye for a hidden gem, becoming a collectors’ dealer could be a side gig for you. There are many forms of collectables you could look into, including toys, comics, fine wines, art and designer goods. This kind of moneymaking venture is often a longer-term investment, as you may need to wait a while for the items you choose to rise in value.
Start A Blog
Blogging could be the perfect side hustle if you have a talent for writing and a unique perspective to add to a topic. Blogging can be lucrative, but you should not expect overnight success and income. It takes time to build a following, and you’ll need to post regular, quality content to attract new readers. Once you have a solid following, you can start approaching businesses to earn some cash, whether through affiliate marketing, sponsorship deals or selling advertising space.
Switch To A High-Interest Savings Account
Making your money work better for you can be a fantastic, low-effort way to make more money. The higher the interest rate on your savings account, the more you will make on the money in it – without lifting a finger. You should regularly assess the offerings from banks and other financial institutions to find the savings account with the best possible interest rate.
