10 ways to earn money

Looking to make some extra cash in your free-time or just looking to make money online? Then take a look at these 10 ways to earn money.

 

Did you know that one in four of UK families has less than £100 in savings? What happens if your car or boiler breaks down? Your only option may be a payday loan or perhaps even worse, your overdraft.

I think it’s something many of us are embarrassed by when really, we shouldn’t be. It’s a common problem and there’s a good chance that somebody you know is struggling.

But apart from cutting back, what else can you do?

One option is to look at earning some extra money in your free time. Now, you might be thinking that you don’t have any qualifications or you can’t think of what to do. Well, the 10 ways to earn money below can be used by almost anybody. I should know, as I have tried them all at some point!

Where to start?

There are many ways to earn money which I cover on the blog, but for this page, I will be telling you 10 of the easiest and possibly the most lucrative.

How much can I earn?

Potentially, you can earn as much as you like. The main issue will be the time you are able to commit. Even if you have just a few hours every week to spare, you could look at earning over £100 per month.

I work 40 hours a week, have three children and spend time writing this blog. Yet, between doing surveys and mystery shopping, I am earning over £300 per month. If you have more time, and you’re willing to travel to mystery shop, there’s no reason why you couldn’t reach £600 every month. And if you’re able to make a success of work such as blogging or working as an extra, there’s no reason why you couldn’t be making a full-time income.

My favourite 10 ways to earn money

1. Surveys

There are plenty of survey sites out there, some pay better than others whilst some will send you free samples of products to try.

There are sites that will pay around 10-20 pence a survey. Not great you may think, but these surveys can take a few seconds to a couple of minutes, so ideal for people who just have a few spare moments throughout the day. These surveys cover a wide range of topics such as family life, TV and politics.

10 ways to earn money

The majority of sites pay between £1-3 for each survey, lasting between 10 and 30 minutes. They generally ask about your thoughts on products and services. If you’re lucky, you can also qualify to be sent products to trial. Some of the things I have been sent include bagels, chocolate bars, toilet roll and kitchen roll. And not only do you get to use the products, you get paid too!

Many sites will pay you in cash, either via PayPal or through a bank transfer. However, some will pay in vouchers of your choice – such as Amazon or Love2Shop.

2. Mystery shopping

Like survey sites, there are plenty of mystery shopping sites out there. Another similarity is that the pay varies too, depending on where you go and what you do. Signing up takes more effort than survey sites. Sometimes there are tests with regards to comprehension and your English skills.OnePoll

At the lower end of the pay scale, you will be offered jobs at restaurants. These pay no more than £3-4, plus you get another £10 towards the meal. Not a great amount, but gives you a cheap night out. At the top end, you can be offered tasks such as gaining quotes for car insurance or a mortgage. These paid £80 and £150 respectively. If you’re fortunate enough to be able to do a couple of these a month, you will be well on your way in your task to earn money from home.

Take a look at my top mystery shopping sites.

3. Software/apps

Keep an eye out for software that can earn you money. MobileXpression is a tool you can download to your phone. It monitors your usage and you are paid in Amazon vouchers. Signing up and using it for a week will earn you a £5 voucher. Keep the software on your phone and you will earn extra vouchers every month.

Other apps worth considering are Receipt Hog, which allows you to earn money from taking photos of your old receipts. Or you can take a look at making some extra income from taking photos of advertised jobs using the Job Spotter app.

 

4. Bank account switching

This is far easier to do than you think. You can earn up to £250 from swapping accounts, and it usually involves very little effort. Plus you can find added benefits, such as increased interest saving rates and cashback offers. And you can always have more than one current account at a time. Some people have made over £1500 from switching accounts alone. Offers come and go, so it’s best to pounce when you see them.

5. Matched Betting

This is by far the best way to make some extra money. By using special offers from bookmakers, you can £100’s every month risk-free. You don’t even need to know anything about sport to do it.

There are people that claim to make a full-time living from matched betting, although I’m slightly dubious whether you can or not. However, you can easily make £100’s every month and you don’t need to spend a lot of time doing it. Many people I know are a little wary of matched betting and think it sounds too good to be true. But bear in mind that Money Saving Expert has a whole forum dedicated to matched betting, which shows it is a genuine way to make money.

Find out more about matched betting.

6. Blogging

Most people start blogging because it gives them a chance to write about something they enjoy. Many are able to earn a small income from their blogs, and a select few can earn a pretty impressive wage. Emma Drew now takes home a six-figure sum from her blog. Okay, so for the vast majority of us, this type of money would be impossible but it does show the potential. Write about something you enjoy and others will find useful or interesting and the rest will follow. Setting up a blog doesn’t have to cost you money and is surprisingly easy to do.

7. Sell your talents

If you have some special skills that other people could use, then why not sell them? Sites such as FiveSquid will help people connect to each other. You can either advertise your skills and wait for people to contact you, or you can search for people who are on the hunt for a particular skill set. This is particularly good for people with strong IT skills or who know their way around social media.

8. Cashback

Instead of going straight to your favourite shop and making a purchase, just visit a site like TopCashback or Quidco first. From there, you click on the shop you want to visit, and you earn money back from your purchase. It’s as simple as that. You will often receive a few % back, which adds up over a year. Sign up to a new broadband provider and you could earn up to £200!

Or, instead of earning cashback for yourself, why not for your children? KidStart allows you to collect cashback that can be paid straight into your child’s savings account. Plus KidStart pays cashback when you shop at Amazon and Smyths, unlike Quidco and TopCashback.

Cashback is an easy way to make extra money. Using sites such as TopCashback and Quidco when you shop online means money back. There are plenty of shopping apps too. Using these means you can earn money back on your groceries when you complete your weekly shop.

If you want to take it one step further, you could sign up for a cashback credit card which would mean even more money when you shop.

9. Work as an Extra

Fancy mixing it up with the stars? The good thing is, nearly anyone can work as an extra. You don’t need to be a great actor or good looking, you just need to follow simple directions. Some days can be long but you’re fed, watered and the pay isn’t bad either. It is possible to make a fairly decent income from working as an extra. The downside is that you cannot guarantee the frequency of the work.

Find out more about the pay and work as an extra.

10. Sell, sell, sell

I’m sure if you look hard enough, you’ll find things around your house that you no longer need or use. Take a look in your loft and the bottom of your cupboards. You may think that a lot of it is rubbish but you’ll be surprised what kind of things people buy.

One easy option is to take it to a boot fair. This works for some people but involves getting up early and how much you sell can be dependent on the weather and location

The easiest option is to sell online, usually through sites like eBay, Gumtree or Facebook. Even if you only earn £1 for something, at least you’ve cleared some room and you’re slightly better off. Plus, you never know when you may find a real gem. Some old phones are very popular and can sell for over £100! Take a look at this guide for selling your phone.

My favourite way of making money?

This may be a surprise, but my favourite method of earning money is through surveys. It may not earn as much as some of the other money making ideas I have listed above, but I love the fact that I can earn money sat in front of the TV or during my lunch break at work. And if I get fed up with doing it, I can take a break for as long as I like.