20 ways to make extra money and boost your finances in 2023 – as cost of living bites

We round up ways to boost your finances There are plenty of ways to boost your finances – and for some of them, you don’t even need to leave your home.

Families are being squeezed by the . This means having more cash in your pockets has never been so important.

We round up 20 ways to and tips to make the cash you already have work harder.

Keep in mind that if you’re making extra money – particularly if you’re doing it as a regular side hustle or selling for profit – you might need to pay .

There is a trading allowance which means you have to report anything over £1,000 in additional income. See for more information. Switching bank accounts can be financially rewarding 1. Switch bank account

Fed up with your bank? You could get paid up to £175 to switch your current account.

Read the small print carefully though, as you’ll normally need to meet certain terms and conditions before you can claim the switch cash.

The top-paying bank bribe right now is from First Direct, which is offering £175 for new customers.

To get the money, you need switch your current account to the 1st Account and pay in £1,000 within three months.

You can’t have ever had an account with First Direct before, or have opened a current account with sister bank HSBC since January 2019. 2. Sell your stuff

If you’ve got unwanted belongings gathering dust, then sell them and make some extra money.

How much you could make depends on how many items you’ve got to sell.

There are plenty on second-hand selling sites to use – such as Marketplace, , and Depop.

Double check if the site you’re using charges a fee for selling.

Facebook Marketplace doesn’t charge any fees, whereas eBay is 12.8%, including postage, plus 30p per order. 3. Rent your stuff

It could be your spare room, or even your driveway… if you’re not using it, then rent it out.

This could make you thousands of pounds extra a year.

Websites such as and allow drivers to rent out their driveways to other road users.

If you own your home, and you want to rent out a room, you might need to let your mortgage provider know.If you rent your house, make sure you get your landlord’s permission.The Rent a Room scheme allows you to earn up to £7,500 per year tax-free letting out your room. 4. Fill out surveys There are plenty of survey websites out there that will pay you just for giving your opinion on anything from sport to TV shows.You can get paid just a few pence for one answer surveys, going up to a pounds for longer questionnaires.Most of the time, you’ll need to build up points that you then convert into money via PayPal or vouchers.There are loads of different survey sites out there, but here are just a handful of the most ones: 5. Watch videos online Another one you can do from the comfort of your own home.will also pay you to watch videos – this could be adverts, news or viral videos.You’ll be paid in Swagbucks points (shortened to SBs) which can then be redeemed for gift cards or cash at over 1,500 retailers, including Amazon, iTunes and .MoneySavingExpert says typical earnings for someone using Swagbucks each month is around £25.Yes, you can actually get paid to watch TV.hosts research panels where programme makers ask for your feedback on certain shows.You can attend face-to-face research groups or fill in surveys online from home.Face-to-face group discussions pay at least £40, while online surveys typically pay £1 to £3 depending on how long they are.You can get paid via a bank transfer, PayPal or gift vouchers. 7. Get paid to Google is an add-on to your browser that works in the background as you Google and brings up extra search results.You get paid if you click on one of these results, usually a few pence.It can take a while for your earnings to add up – but do keep in mind this is still money for doing basically nothing.Any cash made is paid to you via Paypal, with can be transferred into your main current account. 8. Share deals online LatestDeals.co.uk gives away free Amazon vouchers every month to members who share and post about deals.You need to earn points, which you can then turn into Amazon vouchers.For a £5 voucher, you need to save up 5,000 points – and you can get a £250 voucher by […]

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