8 ways to boost your income

Could you increase your quality of life by earning a little bit extra? Are you looking for some additional ways to make ends meet? From selling unwanted clutter online, to renting out unused space at home, we’ve come up with some valuable tips to help you boost your earnings.

1. Sell unwanted or unused items

Have you got clothes that you haven’t worn for over a year, or kitchen appliances that are sat gathering dust? If yes, then it’s probably time you decluttered your life – and decluttering doesn’t have to mean throwing things away.

If you’ve got items that could still be useful to someone else, then why not sell them on eBay? It’s free to sell up to 20 items a month and you’ve got the option of selling your old treasure for a fixed price, or at an auctioned price (so who knows what price your antique silverware might sell for). Why not give it a try?

2. Apply for any benefits you’re entitled to

Many people miss out on government benefits, simply because they’re unaware of their entitlement. The easiest way to find out whether you’re eligible to apply for financial support is to use an online benefits calculator, which will assess your individual circumstances.

3. Rent out free space as storage 

If you’ve got more space at home than you know what to do with, then it might be worth renting it out to someone who needs a safe place to store their things. The list of items that people may be looking to store is endless; anything from bikes, to boxes full of treasured mementos.

All you have to do is register your space (e.g. a loft, garage or spare room) on a website like Storemates, indicating the location, size and rental price of the space (usually on a monthly basis). People who are searching for a space in your area will then be able to send you messages of interest and you’ll get to decide who you want to rent it to.

Who’d of thought you could make money just by letting someone else leave their things in your empty garage?

4. Trade in old electronics for cash

Many of us hold onto old laptops and mobile phones either out of nostalgia, or out of fear that we might need them again if our new upgraded version happens to break. But holding onto every old electronic device ever, is a sure way to accumulate more clutter than you know what to do with.

Only allow yourself to keep one spare mobile phone and/or laptop if you feel you need to and trade in anything extra for cash – you’ll be glad you did when you find yourself with more space and more money.

5. Become a mystery shopper

If you enjoy shopping and dining out, but you want to hold onto the pennies, then why not consider becoming a mystery shopper?

Market research companies, watchdog organisations and/or manufacturers hire mystery shoppers to test out products and services and provide feedback which can be used to make improvements. For example, you might be asked to go and purchase a specific product from a shop so you can review the customer service experience, or you might be asked to eat at a particular restaurant so you can rate the food.

Mystery shopping is a great little hobby that will get you out the house, and give you a chance to earn some extra cash!

6. Sign up to online survey sites 

If you’ve got some free time on your hands, why not get paid for your opinion?

Online surveys can be about anything from cleaning products, to exercise and they’re a great way to top up your income from the comfort of your own home.

When you sign up to a survey website, you’ll usually receive an email notification each time a relevant survey becomes available. It’s completely up to you to pick and choose which ones you’re interested in, and you’ll always be informed of the payment amount before you begin answering. Why not give it a go? Your voice is waiting to be heard!

7. Take in a lodger 

Your spare room could be the key to your money troubles. If you wouldn’t mind sharing your space with someone else, then you could consider renting your spare room out to someone who needs it at an agreed weekly or monthly price. Having a lodger can not only increase your funds, but it’s also a great way to meet new people and make some new friends.

You could start by asking friends and family whether they know anyone who needs a room, or you might want to advertise your room online on trusted websites such as SpareRoom.com. Just make sure you get to know the person first and that you are always comfortable with who you’re inviting into your home.

8. Recycle old printer cartridges for cash

Rather than tossing those old printer cartridges away, why not collect them up and trade them in for cash? All you have to do is sign up to a reputable website, arrange for someone to come and collect them, and wait for payment. It’s as simple as that. So the next time you go to throw your cartridges away, think of the money you could be making…

 

We hope you’ve found this article helpful. Do you have any tips of your own you’d like to share? If so, please email them to [email protected]. We’d love to hear from you!

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