The cost-of-living crisis continues to see further jolts, such as spikes in food and fuel prices caused by the war in the Middle East. So it’s no surprise that many UK earners are increasingly keen to boost their household incomes via ‘side hustles’.
Here are five of the most accessible ways to make more money without needing extensive training or experience.
1) Selling unwanted items online
Decluttering your home can benefit your bank balance as well as your peace of mind. Platforms like eBay, Depop, Vinted and Facebook Marketplace are viable places to sell clothes, furniture and other items you no longer need.
While the initial setup is straightforward, you may have to donate more time to things like photography and arrangement of postage and collection.
2) Online surveys and market research
Easy to do while the family are watching TV, or during a boring commute – completing online surveys can generate extra cash. It won’t make you rich but it’s a relatively low-energy way to earn money, simply for sharing your opinions. Sites such as Swagbucks.com can also provide alternative rewards, such as gift vouchers, for taking part in market research.
3) Pet sitting and dog walking
If you’re an animal lover, pet sitting could be ideal – or if you prefer to be more active outdoors, consider dog walking. There are several online services, such as Rover, that safely connect reputable providers with pet owners. These types of activities are flexible, with the amount of time and effort you invest entirely up to you.
4) Renting out space
If you have a spare room or even space on your driveway, renting it out could earn you extra income. The leading app for offering temporary traveller accommodation is Airbnb, while JustPark lets you make parking spaces available for use. Like many of these side hustles, this option requires minimal effort and can provide a steady earning stream.
5) Freelance services
Even if you’re not qualified or highly skilled, freelance work platforms such as Fiverr and Upwork offer opportunities to sell more basic services. You can get paid for tasks like data entry or transcription and aim to learn new skills to expand your offering. And again, this kind of gig allows you to set your own hours and work from home if you prefer.
Do you need help with problem debt?
While we’ve aimed to highlight side hustles that can be tailored to fit around your existing commitments, there are many available options. And with a bit of creativity and effort, it’s possible to find one that suits your lifestyle and helps you achieve your financial goals.
If you’d like help building a budget or identifying small changes that can contribute to improving your money situation, please contact us.
