Tuesday, 1 July 2014

Five ways to make £100 in your spare time



Try these practical ideas 

1. Cash for chores
Did you know you can charge around £10 per hour for the simple household jobs people often don’t have time for? You could put together flat-pack furniture, iron shirts, or declutter cupboards, for instance.
Girl selling lemonadeTry placing an ad in your local newsagent’s window or, even better, advertise on the website for your local area. You can often promote your services for free in the website’s business directory, with the option to pay for a more premium listing. If you’re not sure what your area website is, check with your local council.

2. Work from home
Fancy earning up to £500 writing 33 profiles of dog breeds for a website? Or perhaps £5 per hour transcribing audio tapes into word documents? These are just two typical examples of the work found at peopleperhour.com. Register on the site to create your free profile, including what you’re able to do, then bid for the jobs listed – if you win them, you get to do them. Or try the section devoted to full-time work from home at workingmums.co.uk.

3. Rent out a room
Thanks to the internet, it’s now fairly simple to rent out a spare room for short periods to overseas visitors. The recently launched flexiroom.co.uk lets you advertise to such paying guests. This is in return for a four per cent commission on each booking, though it’s free to add a listing. Another service is airbnb.co.uk, which charges three per cent commission on bookings. Under the Government’s Rent a Room scheme you don’t have to pay tax on the first £4,250 you receive in rent each year.

4. Sell the treasures you no longer need
Get potentially valuable items valued free and without obligation at Christie’s auction house. As this can be done online, you don’t have to bring things to London. If suitable, Christie’s will auction items for you and charge a commission. There’s no need for you to attend in person and appropriate items include jewellery, paintings and antique books. Auction house Bonhams also offers free valuations online, and features a how-to guide for selling.

5. Become a tutor
There’s demand for coaching to help children with a variety of subjects at various ages and stages from junior school up to GCSEs and A levels. Tutoring on a one-to-one basis could earn you up to £30-£40 an hour. You don’t need a teaching qualification, but you will need a CRB check. Online services such as firsttutors.com and uktutors.comsimply invite you to say what qualifications you do have. GCSEs and A levels may be enough to teach under-11s, but you do need to feel confident about the skills you can offer.

http://www.tescoliving.com/smart-living/money-saver/2013/october/five-ways-to-make-100-pounds-in-your-spare-time

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