14 ways to earn extra money every month even if you already have a full-time job – Daily Record

The cost of living in the UK has increased at its fastest rate for four decades as soaring energy bills put millions of household finances under pressure.

New figures from the Office for National Statistics (ONS) show that inflation rose to 9% in the year to April, up from an already high 7% in March, making it the fastest measured rate since records began in 1989.

And new research by the Centre for Economics and Business Research has found that 72 per cent of adults across the UK think they will be worse off by an eye-watering average of £252 per month in 2022 – the equivalent to £3,020 over the year.

To help people try to boost their bank balance, the team of finance exports at money-saving website, Quotegoat.com, have shared 14 top tips for making some much needed extra income this year.

1. Earn money with the assets you already own

There are apps and websites that will help you rent out your spare room, parking space, car, wedding dress, and home to film crews.

Check out Airbnb, JustPark, Hiyacar, Byrotation and Shoot Factory.

2. Earn an additional income with a flexible second job

Many services are looking to employ people on flexible terms with no long-term commitments, making it easy to fit around your primary job.

Consider driving for Uber or delivering for Just Eat or Deliveroo. You should also check your local takeaways for delivery jobs.

3. Host a foreign exchange student

Get in touch with local schools to find out if they run foreign exchange programmes and what you need to do to become a host.

You may be able to earn as much as £80 per week per student.

4. Join a mystery shopper agency

Retailers and restaurants spot check their outlets to make sure their customer service is satisfactory. Mystery shopping agencies like Grass Roots and Retail Maxim will pay you to visit shops or eat at restaurants to check the quality of your experience.

5. Freelance in your spare time

If you’re a budding photographer, graphic designer, writer or other creative professional, websites like Fiverr and Upwork will connect you with businesses looking for freelancers.

6. Check what benefits you’re entitled to

If you are on a low income, check your eligibility for any benefits you may be entitled to but didn’t realise you could claim by using an online benefits calculator to make sure you’re not missing out – find out more here.

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7. Earn extra cash or a free homestay looking after pets

During the lockdown, families welcoming pets into their homes soared, however, those families are now going on holidays and need people to help look after their beloved pets.

Check out Trusted Housesitters for anything in your area.

8. Get paid to play video games and surf the web

Before new video games and websites are released, companies need to test them out. Some websites like Testerwork have been known to pay as much as £50 for you to trial them.

9. Babysit for money

Babysitting may have been your first ever job, and you might think of it as something the teenager next door does, but in reality, childminding on an ad-hoc basis is a very sought after service. Depending on where you live, the going rates for adults range between £8-£10 an hour.

10. Sell your unwanted goods

You might be surprised how much your old mobile phone, empty iPhone boxes, unused remote controls, instruction manuals, wedding dress and Lego can fetch on eBay, Gumtree and Facebook marketplace.

Sell my mobile and We buy books are also popular sites to check out.

11. Car boot sales are making a comeback

Carboot sales slowly fell out of favour as we all moved to shopping and selling items online, but recently they’ve been making a comeback.

Use Car Boot Junction to find ones in your local area.

12. Save money on food using the Too Good To Go app

Each day fresh food goes uneaten at cafes, hotels, shops and restaurants simply because it hasn’t sold. The app lets you buy and collect food for low prices, so it doesn’t go to waste.

13.Earn money taking part in surveys

Many survey sites will pay you money or give you gift cards for your opinions. Check out; Swagbucks, One Poll, Curious Cat and Lifepoints.

14. Earn cashback while you spend

Spending money is inevitable, so you might as well earn cashback every time you’re forced to splash out. Check out Quidco and TopcashBack to make money every time you spend online or in-store.

Financial help in Scotland

Commenting on the tips list, Editor-in-Chief of money-saving website Quotegoat.com, Michael Foote, said; “Although these projects won’t solve all your financial worries, they might help in some small way.

“You won’t have to pay tax on the first £1,000 you earn from these types of activities or selling your unwanted goods. If you’re lucky enough to make over £1,000 with side earners like these within a year, you will need to declare it to HM Revenue and Customs”.

To keep up to date with the cost of living crisis, join our Money Saving Scotland Facebook group here, follow Record Money on Twitter here, or subscribe to our twice weekly newsletter here.

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