WHILE no-one can escape the cost of living crisis, there are some things people can do to offset rising prices. Here are 50 tried and tested ways people can make more money and stretch their budget.
Passive income: Expert on making money when you’re not working
NatWest and First Direct are currently offering £150 to anyone who switches their account. Nationwide is promising £125, while Virgin Money is enticing people with a £100 experience voucher.
Britons are renting out their driveways through online apps like JustPark and earning more than £100 a month. People who live near a city centre, airport or tourist attraction can expect to earn more than others.
Although people might not get regular work it’s a fun way of making extra money. Britons can earn up to £200 a day and 41-year-old Paul Croker told Express.co.uk that it was an experience he’ll never forget.
Why not take advantage of working from home by renting your car to your neighbours during the week and earn up to £500?
Karshare covers the insurance while it’s hired and you don’t even need to be at home to hand over the keys as it’s all done through key-less technology.
Sign up to a market research company and earn around £50 an hour. People won’t always get regular work but it’s easy money when they do.
Helen Pritchard rented out her period property to an agency where people can earn up to £3,000 a day. Of course that will depend on the property but there is a demand for smaller flats too.
While some people do a bit of mystery shopping just to cover a meal out, others are making a few hundred pounds per month. 32-year-old Eileen Donaghey told Express.co.uk it could be the perfect job for retirees, parents or anyone looking to make an extra income.
A dad from Preston in Lancashire told Express.co.uk how he’s gone from drowning in debt to raking in an extra £25,000 just by using cashback sites. People can make £200 in just a few clicks – try TopCashback and Quidco. Britons struggling to find work could earn £28 an hour in their spare time by signing up to sites like TaskRabbit or Airtasker. 68-year-old Paul Melhuish works 10 hours a week as a handyman to supplement his state pension.
People can make up to £800 a month renting out their loft space. Stashbee enables Britons to make money out of their unused lofts, garages, basements and driveways.
The Rent A Room scheme means you can earn £7,500 a year tax free. People can advertise their room on sites like Spare Room or Gumtree.
Charities say people should do a benefits check every six months. Since the Universal Credit taper rate changed in November, thousands more people are eligible for a top up while 850,000 pensioners are missing out on Pension Credit.
Why not sell unwanted items on Facebook Marketplace and other selling sites? These sites can also be great places to pick up cheaper items.
Make the most of loyalty points by turning them into cash or use them to pay for treats or days out with the family. Tesco Clubcard vouchers can be used to pay for a Friends and Family railcard which offers one third off travel for a year.
Most companies now have a refer a friend scheme. Car clubs like Enterprise offer people £20 for referring a friend to the car hiring app.
This is particularly important when looking for a travel bargain. Websites remember people’s search history and may not offer them the best deal.
Some retailers will email you with a discount if you put something in your online basket and don’t proceed to the checkout. Not all companies do it – but it’s always worth a try.Most companies have an app and some companies will run special offers from time to time especially if it’s a birthday. Where do the wealthy live? (Image: Express) 19. TooGoodToGo and Olio. These apps help both the environment and peoples’ pockets. While Olio distributes free unwanted food, TooGoodToGo sells unwanted restaurant food at a much lower price. 20. Employee benefits. Lots of companies offer discounts on shopping and eating out just for their employees, so it could be worth checking out what is on offer. 21. Eat out for less. Those who enjoy eating out could consider investing in a Tastecard or Gourmet Card so they can eat for half price. People can also look for deals on certain days and check out their local student area for special offers. 22. Eat in for […]
source Free cash to side hustles – 50 ways Britons can make extra money as bills rise