How can I make money from home, How to Make Money from Home

How can I make money from home

How can I make money from home

How can I make money from home, How to Make Money from Home

15 Easy Ways to Boost Your Income Without Leaving Home!

Are you tired of all those online scams about working from home, but do you really need a job that works with your schedule and needs? It is possible to find a real job that can be done from home (and not a pyramid scheme!)....So read on to find out how!

Whether you need extra money to help with the ongoing cost-of-living crisis, want to boost your emergency fund, or just want to have some cash left over at the end of the month to spend on the things you love, there are plenty of ways to get a side hustle.

According to software provider Sage, almost half of all Britons have a second income stream on top of their main job, with 7 in 10 young people working multiple income streams.

While it may be hard to imagine fitting in another money-making gig alongside your regular job, boosting your existing income doesn’t have to be labor-intensive. From renting out your driveway as a parking space to selling your old stuff, there are ways to earn extra cash without much effort.

It’s worth remembering that we all have a ‘tax free’ personal allowance of £12,570 a year and you don’t pay tax on ‘casual’ extra income unless it’s over £1,000. This includes earning money from home, online or small freelance jobs. If you’re in any doubt about your earnings, speak to HMRC.

In its research, Money.co.uk actually looked at the average hourly rates for the side hustles mentioned above to reveal the top 10 highest paying side hustles. After Uber drivers (£16.34), babysitting is the most lucrative at £13.63 an hour, followed by teaching English online at £12.36 an hour, but lawn mowing, house sitting and gardening will also earn you over £11 an hour.

Here are some ideas for making money from the comfort of your own home.

1. Rent out your home

If you’re going to be away from home and would be happy to have someone else stay there, or you have a second home, you can list it on Airbnb.

You can earn £563 a month in Cambridge or £721 a month by renting out a house in Windermere in the Lake District for four nights.

Be aware that Airbnb charges a 3% booking fee and has strict rules in place to ensure a good level of cleanliness among guests since the pandemic. The Airbnb website has more details on this.

Other options include Vrbo (formerly HomeAway), or Wimdu for the city.

2. Start tutoring

According to Money.co.uk, teaching English online is the third highest-paid side hustle, with an average of £12.35 an hour. Online tutors are still in demand from parents who want to help their children catch up post-pandemic or get ready for the new school year in the summer. The advantage of this hustle is that you can do it from anywhere in the world and at any time.

You can earn £15-£35 per hour if you sign up with Tutorful, which takes a 20-25% commission per lesson. Depending on your level of experience, you can tutor primary, secondary (GCSE and A levels), undergraduate and postgraduate students. For most tutoring jobs, you don't need any formal educational qualifications, but you will need knowledge of the subject or be proficient in the skills you will be tutoring children with.

3. Clear your clutter

How can I make money from home, Most of us have an average of £2,600 worth of unwanted possessions in our lofts, sheds or garages, so it's really worth finding the time to clear it out.

Sell on eBay. Individual sellers can list up to 1,000 items for free per month and pay a 12.8% fee on sales plus 30p per order and 0.42% of the total amount in operating free. (It’s free to list clothes and there are no operating fees).

Create a profile for yourself, and use keywords you think people will search for in your listing text to effectively promote what you’re selling to potential buyers.

For clothes, you can use websites and apps such as Depop or Vinted. Images are important on both sites; take good quality photos of the items you’re selling and be prepared to haggle – many people on these sites negotiate prices.

Got a lot of CDs, DVDs or games? Scan them with the MusicMagpie app for an instant price. Postage is free.

For books, try We Buy Books where the average price is £32 – there’s also Ziffit where you can sell books, games, CDs and DVDs by just scanning a barcode.

4. Take in a lodger

If you have a spare room, let it out. Under the government's 'Rent a Room' scheme, you can rent up to £7,500 a year tax-free. And that's on top of your 'tax-free' personal allowance of £12,570.

You can advertise on sites like SpareRoom and Roommates UK.

The room should be furnished. Speak to your mortgage lender and home insurer first and check local government regulations in your area.

5. Rent out your driveway

Not using your driveway or have a spare parking space? Turn it into a gold mine by renting it out on sites like Stash Bee, Just Park and Parklets.

JustPark estimates that there are millions of pounds worth of driveways up for grabs by owners. It says some savvy JustPark hosts earn over £4,000 a year. A 3% commission is taken before payment. It’s worth giving your household insurer a call to let them know you’re doing this; however, you shouldn’t claim for damage where drivers can usually claim on their own motor policy if there’s no chance of any damage to their car.

6. Sell your photos

How can I make money from home, Travel, wildlife, transport and sports are some of the categories of images that stock photo agencies like Shutterstock, Getty and Alamo require. Once you register and upload your snaps, they will be live on the website within 24 hours, subject to quality checks.

You can earn up to 50% of the ‘usage’ fee. We found beach scenes to be worth £35.99 for online use and up to £180 for company marketing packages. For photos on iPhone, upload them using the Stockimo app.

7. Make money from technology

According to research by waste management company Repic, there is more unwanted IT equipment in households than other small appliances and gadgets, with a staggering 11.7 million laptops and 9.17 million tablets likely to be passed on or recycled.

If you’re looking to sell your old phone and upgrade to a new one, why not sell your current phone on websites like Carphone Warehouse, MusicMagpie, Sell My Mobile or Compare and Recycle? If you’re buying a new phone from Apple, you can trade in your old model to get a discount to use against your purchase.

You’ll get an upfront price before the item is sent. Gadgets must be in good working order to get a fair price. There’s a free courier service, with payment via PayPal or bank transfer.

It’s worth trying comparison sites for phones and tablets to find the best prices.

8. Loan your stuff

Got a sewing machine, bike or guitar you don’t use? Rent them out locally at Fat Llama. Rent your electric scooter for £15-£20 per day and your sewing machine for around £10 per day. Items are covered by insurance for non-return or damage up to £25,000. Fat Llama takes a 25% cut of the rental fee before transferring the money to you.

Got extra storage? Rent out your space on Stashbee and earn a regular passive income. How much depends on your location, but for Bristol, Stashbee estimates that a good-sized storage space like a garage costs £1,884 per year.

9. Sell on Etsy - How can I make money from home

If you’re creative, sell your creations like jewellery, cards or prints on Etsy. There’s a 6.5% transaction fee (including the delivery price you set). If you accept payment via Etsy Payments, there’s also a 4% + 20p payment processing fee when you sell an item.

10. Sell garden produce

If you grow fruit or vegetables, leave their boxes on a table in your drive with an ‘honesty box’ to earn extra cash. While this method means you’re relying on the honesty of locals, it’s an easy way to ensure those apples or plums don’t go to waste.

Alternatively, you could sell at car boot sales or farmers markets, or even reach out to local shops, cafes and restaurants.

11. Offer an ironing service

Ironing is a love-it-or-hate-it job. You might see it as a chance to catch up on a podcast or listen to an audiobook in peace, but for others it’s a different kind of farming.

If you count yourself in the former camp – and pride yourself on the quality of your ironing skills! – according to Checkatrade, you can earn £12-£18 an hour by accepting ironing from people less interested than you. Collection and delivery costs will be on top of that. Advertising your service and getting customers doesn’t have to be complicated – it can be as simple as mentioning it in a local Facebook group or putting an advert in a local shop window.

12. Watch TV

How can I make money from home, Yes indeed! TV companies want your opinion and they’ll pay for it too! There are group discussions for viewers (either online or in person) which usually pay £50-£70. Its online communities offer £150 for around 6 hours of your time over a few weeks.

13. Get paid to test

Become a 'tester' for companies like Philips, which makes bagless home gadgets including irons and electric toothbrushes.

Signing up is free and you get to keep the products. Cleaning company Vileda is also looking for home product testers.

A word of warning, if a product testing opportunity looks too good to be true, it probably is. The recruitment site actually advises that you don't respond to product testing invitations from an unknown source and to be wary of companies that ask you to pay an initial fee to get your free product.

14. Spread the word

Don't be shy; tell your friends and family about your new mobile or TV package. 'Refer a friend' deals mean a payday for you, and usually your friend too. Sky TV customers can earn up to £125 in vouchers if a friend joins based on their recommendation; AA is offering a £20 Amazon or M&S voucher for both of you and up to £80 cashback for you and your friend to share across 3 mobiles if your friend joins.

The Hello Fresh referral scheme lets you invite friends using a referral code. Your friend will get £20 off their first box and you will receive £20 credit in your HelloFresh account to use on future boxes. To access your referral code, go to the 'Treat Friends' tab in your account.

15. Win a prize... and sell prizes

How can I make money from home, Even if you don't win cold hard cash, you can still make money from the prizes you sell. Through competition portal Loquax, the kinds of prizes you can win include a Samsung 55inch Smart TV, £50 B&Q voucher and spa days. It's free to register, browse the competitions and click on the links to enter.

Freebie site Latest Free Stuff also runs free prize draws, which include things like £1,000 vouchers from M&S, John Lewis or Argos.