In a recent survey of 122 economists, 45% said that they anticipate the UK economy to show a marked slowdown in growth in 2017. Whether or they not are correct remains to be seen, but what is certain is that the reality for regular people is not quite as good as one would hope. Whether you are looking to earn more so you can buy a property, or you want to be able to better support your family, you may be considering ways to make a little extra money. Working full time is one thing, but in an economy that is still faltering after the recent recession (full-time jobs account for only one in every forty that are created), your day job may not be enough. Money pressures are common, and most people will feel them at one time or another, so it is nothing to about which you should be ashamed. Showing hustle and determination is a great attribute in any case. If you are looking to supplement your income, here are a few ideas:
As much as a person can love their job, on those cold, dark winter mornings, no one enjoys getting out of their warm bed and commuting into work amongst thousands of other tired, miserable people. Besides, once you arrive at the office, you have to get down to work with your boss around to tell you what to do. It is no surprise therefore that lots of people dream of making money from home. It allows you to have a somewhat more relaxed attitude towards your work day. You can have breakfast at your desk if you like and every day can be casual Friday if you want it to be. Making this a reality can sometimes be trickier than it seems though. Lots of adverts and supposed opportunities that can be found online are actually just scams. You should always be absolutely certain that you are dealing with a legitimate enterprise before sending any money to them (some scams invite you to purchase starter kits from them) or send anyone your bank details. While are there lots of dangerous ads online, there are also lots of great opportunities to work freelance. Websites like Upwork let you advertise yourself to people all over the world. You can do all sorts of things, from translating, to proofreading, to consulting. Whatever marketable skills you have, you can start making money from them right at your desk.
Another option is tutoring. You do not necessarily need to be university educated to be able to tutor. If you want to teach the rather traditional academic subjects like maths, English, and science at GCSE level or above, it does help, especially with establishing your credibility with potential clients. However, tutoring younger students is also a lucrative option. Many parents are desperate for their children to pass the fabled 11 Plus. It is quite simple (especially if you are older than 11) and requires the sorts of rudimentary skills that every competent, professional adult already possesses. Then again, you do not need to teach academic subjects at all. If you have any musical talent, whether it is in using an instrument or singing, then you can teach that too. The best way to earn money is to do something you enjoy and sharing a passion of yours with a young person is the best. You can also teach whatever foreign languages that you know, or even something more esoteric, such as skills like painting or even DIY. The possibilities are varied and exciting. You can do it the old fashioned way by putting a sign in a local shop window, or you could embrace the modern world and check out sites like Tutora.
With fewer Millennials now able to buy their own home, the rental market is skewed towards landlords. If you have a spare room, you could make quite a bit of money from just renting it out. One option is to take advantage of apps like Airbnb which let you do everything on your own terms. If you are looking for a more permanent source of income, you should consider a government scheme which offers up to £7500 of your income tax-free if you rent out a furnished room (unfurnished rooms don’t count). It is called, rather unimaginatively, the Rent a Room Scheme. If you are fortunate enough to own more than one property (perhaps you and your spouse each had one before you were together and one is now vacant), you should consider speaking to a property management company. They will manage all the paperwork for you and make sure you get your money each month. It is the easiest way to earn because all you have to do is go about your normal life.
Finally, there is always the possibility of picking up an extra job after work. Lots of jobs, especially in the contemporary hyper-competitive market, require prior experience and references. Luckily, there are some that are easier to get started in, and one of them is cleaning. Just as with tutoring, you can put an ad in a local shop or paper and wait for a call. Alternatively, you could sign with an agency, but that would mean they’d take a commission for setting you up with business. In any case, you will need to get hold of your own professional supplies so you should consider products from CleanHappens.com. The next step is going out and working hard. Many offices hire cleaners to come in after their other staff have left for the day. If you work in what are conventional office hours, then you could easily take the opportunity to work a few hours extra at the end of the day. It is not just offices though; many people will pay you to clean their homes, allowing you to work weekends if that is something that you would want.
There are lots of opportunities out there to earn a little more money. Making it happen is down to you.