10 Effective Additional Income Ideas that can Triple your Income Stream
Additional Income Ideas
We’ve all been in that situation when an unexpected expense crops up. You need to make money fast. Maybe you need to pay for the dentist, an unexpected bill, or maybe your car has broken down, you just some extra income.
Or perhaps you’ve just found yourself with a little too much month left at the end of your money- there are a ton of reasons why any one of us can need to make a little extra money quickly.
We are fortunate to live in a time where all you need is a laptop (or even a phone) and an internet connection to make money online or on the side. We can make money anywhere- on our commute, on our sofas, even whilst we wait for the kettle to boil. We’ve never been in a better position to help make our financial goals happen without solely relying on an employer who can dictate how much we can earn and how we earn it.
So, you’ve decided you want to use your spare time to make some extra money- well done, that’s the first step to a better financial outlook! If you’re stuck for some side hustle ideas, this post will hopefully help you to define and decide on the direction you would like to take.
It is all well and good saying that you want to earn some cash on the side- but the reality is, it takes some time to figure out what you really want to take away from your side hustle.
By taking action today, you can eventually change your financial situation. Some of these quick-fix money making ideas could well become a longer term side hustle and ultimately help you to improve your financial wellbeing. I truly believe that when a profitable side hustle and a great budget plan are paired together- amazing things can happen!
Let’s take a look at some creative ideas to make money that maybe you’ve not thought of;
Ideas to Make Money
Oh My Dosh – Lightening Deals
Oh My Dosh is a great website which pays you for signing up to free trials, paid surveys sites and subscription schemes. There is a dedicated section of ‘Lightning Deals’ which will pay out within 3 days- perfect if you need to make money fast.
Sign up to get a £1 welcome bonus, then once you get to £10 you can cash out. It should take you about an hour to get to the £10 cash out point, and after that you should be able to transfer the money into PayPal or your bank account within 3 days.
Become A Supporting Artist (TV/Film Extra)
It almost sounds too good to be true to become an extra and feature in the latest films and TV shows, but it’s not! Especially if you live in a major city, there are often opportunities listed regularly.
A quick google search will show you casting agencies in your area so why not give them a call. You never know where it my lead…
Be A Voiceover Artist
In a similar vein to the last one, think you’ve got a good voice? Why not try your hand as a voiceover artist or narrator? People need voiceover artists for a multitude of reasons- for adverts, audio books, radio and more.
You can find your first gigs on Fiverr and see where it could take you.
As well as selling your own possessions on eBay, Depop or Gumtree, you can take things a step further and buy clothing to sell for a profit.
You can source clothing for reselling from a multitude of places such as car boot sales, charity shops and secondhand stores.
Take Part in Research and Focus Groups
You’d be surprised at the number of research and focus groups there will be in your nearest city. In London in particular, there are very regular opportunities to take part in these research trials.
Become A Mystery Shopper
Mystery shopping is a really fun way to earn some extra money. Often the tasks will be to go to a restaurant or café, which means that as well as getting paid, you get a free meal out of it too!
Become a Dog Walker
People spend a lot of money on their pets- particularly on their dogs. If someone is out of the house for a whole day (which is often the case) they will pay to have their dog walked to make sure it is looked after whilst they are at work.
Dog walking can be particularly lucrative as you can walk several dogs at a time, and give yourself some exercise too!
Make and Sell Bespoke Cakes
Got a penchant for baking? You could sell specialist cakes- and you could do this from home in your spare time. Bespoke cakes are always in demand- from wedding cakes, to christening cakes and birthday cakes.
Become an Uber Driver
If you already own a car, you can become an Uber driver in your spare time with relative ease. This could work really well around your full-time hours as it’s such a flexible side hustle.
Become a DJ
If you live in a major city (and even if you don’t) there is scope to establish yourself as a DJ if that is where your passion lies.
From major events and club nights, to wedding receptions, you can bet that DJs are always in demand. The best part is, that this sideline would easily fit around a regular 9-5 job.
Get Licensed as a Driving Instructor
If you think of yourself as a good driver, why not try your hand at being a driving instructor? No matter where in the country you live, people will always want to learn to drive.
This is another side hustle which is flexible, and you can do around a full-time job- especially if you are doing shift work.
Do Some Data Entry
Data entry could be anything from entering numbers into a spreadsheet or moving data from one sheet to another.
Many businesses will need this kind of admin done regularly but may not want to employ someone on a full-time basis so will outsource this work.
It’s important to note that the money that you make from each of these ideas will come into your account in different time frames. Some will take a matter of a few days, a week, a month, and some (like selling your unwanted items) are impossible to predict- although it is absolutely possible to optimise your listings for a quick sale.
If you have any more great ideas to swell your bank balance, we’d love to hear about them in the comments section below.
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