Five Ways To Make Money In Your Extra Time.

Five Ways To Make Money In Your Extra Time.

There are methods to make money outside the 9-5 smash - get active in your spare time and you could see the weight moving in. Moneywise reveals you how to make money with our top income generating tips.

The new austerity actions from the coalition govt mean many people will have to stiffen their devices over the coming months. While adhering to a funds and finding methods to cut back are recommended, with a little creativity and attempt you could find there are methods you can actually make money.

Moneywise has come up with five methods to make money during the depression - some are easier than others but all of them could see you create some extra money.

1. Track down old accounts.

According to the British Bankers’ Association, there is more than £15 billion sitting forgotten in bank and savings accounts in the UK, with the average balance estimated to be £600.

The good news is that tracing lost funds has become easier with Mylostaccount.org.uk – a free online service that covers all UK bank and building society accounts. All you need to do is to go to the website and type in your details.

How to track down money in lost accounts.

Second. Mystery shopper.

If you're longing for some retail therapy but can’t afford to hit the shops, why not earn a few pounds as a mystery shopper? Websites such as Retaileyes.co.uk employ mystery shoppers to drop in unannounced in shops and restaurants and rate their experience.

After you send in your feedback, you’ll be paid for your time and reimbursed for any purchases you made. You could make up to £20 a day, and get a meal or a night in a nice hotel thrown in for good measure.

Third. Take in a lodger.

While most of us pay a fortune for our homes, it’s possible to make your home make money for you.

According to Santander, you could make as much as £289 a month from renting out a spare room. Under the government’s ‘rent a room’ scheme, you don’t need to pay tax on the first £4,250 you receive either, which means you could charge up to £354.16 a month without being lumbered with a tax bill.

Fourth. Car boot sales.

If you’d prefer money in your palm instantly, a car boot sale is the place to go. Thousands of people flock to car boot sales every weekend, with pitches costing about £10 a day. To find out where to flog your booty, check out Carbootjunction.com.


Five. Earn From Web Research.

Any Question Answered (Issuebits.com), are often on the lookout for internet researchers. Once a customer asks a question through their mobile phone, it’s the researcher’s job to hunt out the answer and reply online.
You can choose your own hours and the questions you answer, and can earn around 30p for every question you answer correctly.