All of us could do with a bit more cash to play with each month. A study earlier this year by Auto Trader suggested that as many as one in three of us run out of cash before payday every month.
If you’re looking to beef up your bank balance, the first move might be to sign up for overtime or go hunting for a better paid job.
But don’t overlook the fact that you can make some decent money from home in your spare time.
In fact, a lot of the services don’t even need you to do anything yo get that cash – letting you instead make money from things you already have.
Others might let to cash in on something you already enjoy doing – from cooking to playing video games – or skills you already have.
We’ve rounded up the best ways to make money at home:
Rent out your space
Your home is more than simply the place you live – it can be turned into an income stream in its own right, particularly if you have a bit of extra space.
If you’ve got a spare room or two then you could look into letting it out, whether to a long-term lodger or on a short-term basis through sites like Airbnb . What’s more, you can enjoy £7,500 a year without paying any tax on it thanks to the government’s Rent a Room scheme .
It’s important that you make sure you’re actually allowed to do it though – you’ll need to keep your mortgage lender and home insurer informed before letting out a room, for example.
Even if you don’t have that much spare space, you can rent out any room you have in your attic, in the garage or even under the bed through Storemates . Turns out there are people willing to pay a few pounds a week to keep their suitcases and other bits and bobs in someone else’s home.
You could always try renting out your driveway too. This can be particularly lucrative if you live near a sports stadium, station or airport. According to Just Park for example, average earnings work out at more than £1,000 per parking space, though the most in-demand areas can pocket an average of nearly £3,000 per year. Not bad.
Rent out your stuff
Alternatively, you can rent out some of your possessions. Not everybody wants to shell out for their own lawnmower or camera equipment, so turn to the internet to find someone to rent them from.
It can work out as a serious earner too – Antonio Salvani uses FatLama to rent out his camera equipment, and is making as much as £4,000 a month, enough for him to buy his mum a property in Macedonia.
Rent out your car
If your car spends a lot of time unused outside your house, then why not rent it out? There are plenty of car clubs you can sign up for which could turn your rarely used motor into some extra cash.
Don’t need it? Flog it
Of course, if you have items that you don’t really use and could do with clearing some space, then you could simply sell them.
Sites like MusicMagpie offer you a quick way to turn piles of CDs, DVDs, games, etc into cash, though bear in mind that in many cases you’ll only get pennies for each one. You could get more selling them all individually, though obviously that will be more work.
Do online surveys
There are absolutely LOADS of survey sites out there, all offering you cash or the chance to win prizes simply by sharing your opinions on every topic under the sun.
Bear in mind, some of these sites will be pretty iffy, so it’s important to focus your efforts on those with a decent reputation and which offer more significant payouts.
The sums involved might seem fairly small at first, but they can quickly add up.
For example, there’s i-Say which rewards you with points which you can then convert into vouchers for the likes of Tesco and M&S. There’s also Swagbucks , which also rewards you with points, but not just for answering surveys – you can earn them for watching videos, shopping online, all sorts.
Flog your photos
If you’re a dab hand with a camera, then why not sell some of your pictures online through stock image galleries like Shutterstock or Alamy ? You’ll get a little bit of money back each time someone purchases the right to use your picture.
Many of us do the bulk of our shopping online – why put up with the queues when you can pick up that new pair of trainers from the comfort of your own home?
But when shopping online, always check with TopCashback or Quidco to see if you can get a bit of cashback on your spending. Basically, retailers pay these sites a referral fee if you go to the retailer’s website via a link from the cashback site, and you then get a chunk that fee back when you shop.
It’s essentially free money!
Get paid to search
Qmee allows users to earn actual money by performing certain searches online. You get a browser extension, which then delivers a handful of results whenever you use a search engine. Follow one of Qmee’s results, and you’ll get paid.
It’s as simple as that.
Businesses spend an awful lot of time and money trying to get their websites right – it’s the main way they interact with us online, after all. That includes paying people to test those sites to ensure they are running properly and are easy to use.
Sign up with What Users Do and you can join its panel, earning £5 a pop every time you run the rule over a website.
Sell your skills
If you have a very particular set of skills – no, not those skills Liam Neeson – then you can sell your services online. For example, if you fancy yourself as a spelling and grammar nerd then why not promote yourself as a proofreader with sites like ClickWorker ?
Similarly, with PeoplePerHour you can turn your skills into an earner, whether it’s web design, blogging, Powerpoint wizardry or translation.
In fact, if you’re a bit of a gaming ace, then you can even turn that into a moneymaker. We reported earlier this year on how gamers who are particularly great at the likes of Fortnite, Fifa and Call of Duty are now selling their services as coaches online , and earning a pretty penny in the process.
If you like cooking, you can now sell your food to hungry people .
If you really fancy becoming an ‘influencer’ you could even start a YouTube channel, offering insights on everything from beauty tips to booking holidays.
You’ll need to build a sizeable following before you can sign up for YouTube’s Partner Programme and start making money from ads though.