The COVID-19 pandemic has made it tougher for you to secure part-time work since the job market has become more and more competitive. In this article I’m going to share 5 ways that you can make consistent money with minimal effort in your spare time…
First of all; this is not gambling. Matched betting is a technique that allows you to make money from free bets and deals offered by online bookmakers.
It is a really simple technique and initially you can expect to make between £1000-£1500 by taking advantage of welcome offers. You can then take advantage of existing offers and expect to make around £500-£700 a month. This will involve about 40 minutes a day which equates to around £25-£35 an hour! Matched Betting is sustainable and profitable in the long term!
I have been Matched Betting for a while now and highly recommend you take this opportunity. It’s super easy and incredibly lucrative for the time and effort you put in.
OddsMonkey provide a great free trial where you can expect to make around £50. After this make sure to sign up to the premium membership which grants you access to all offers and tools available and basically pays for itself!
*as an OddsMonkey Affiliate I earn from qualifying purchases
Dropshipping is marketing and selling other people’s goods and taking a cut for yourself. In this order fulfilment model you are not required to keep product stock yourself. Instead you pass the sales order to a third-party supplier, who then ships to the customer! This is ideal because you only pay for products once you’ve sold them and you avoid any inventory space costs.
If you’re looking for somewhere to start then head to Shopify. They offer the tools necessary to build your perfect website and find the suppliers you need. Perhaps you have a great design that you want to print on t-shirts, mugs etc. Shopify have print-on-demand apps who will print and ship your product on your behalf that you can find through their platform Oberlo. And, if you cant find the supplier you want on here then there are plenty of suppliers available to you either locally or online through supplier databases like Dropship Direct or Aliexpress!
3. Start a blog
If you have a particular passion or interest then creating a blog couldn’t be easier. You can use platforms such as WordPress, Wix or SquareSpace to create your website. They all provide a great range of blogging templates so you can stand out from the crowd. Once your blog is up and running you should monetize it. The easiest way to monetize your website traffic is through Google Adsense. However, an incredibly effective way to generate income is through affiliate marketing.
If blogging interests you then perhaps start by checking out a course on Skillshare. This will provide you with all the knowledge you need to create the prefect blog. You can get a 14-day free trial to skillshare here.
4. Find the best interest rates
Why not make your money work for you? Finding better interest rates on your current or savings account can bring you consistent income every month. Check out my article on the best student bank accounts to find the best interest rates. These accounts won’t just pay you credit interest but can also offer great rewards and perks too!
5. Rent out your parking space
If you have an unused garage, parking space or driveway available then you could be generating good, consistent monthly income. Platforms like yourparkingspace or JustPark allow you to create a free listing for your space, set prices, preferences and when the space is available. Earnings from renting out your driveway are included in the property trading income allowance, so they are completely tax-free up to £1,000!
For more ways to make consistent money with minimal effort make sure to check back here. Now go and make some money!