THE cost of living crisis is seeing households across the UK doing what they can to cut back on unnecessary costs.
And there are ways to boost your cash without even leaving your home.
There are many ways you can earn extra cash on the side
We’ve compiled a list of some 50 ways to earn a bit of extra dosh on the side, from selling your old clothes or becoming a part-time product tester.
If you’re unable to work, have a full-time job or are maybe a stay at home parent, there are loads of things you can do to earn some extra money.
And the extra cash may go a long way for millions of households who are battling against a cost of living crisis.
Soaring energy bills and rising inflation has meant households are having to fork out more just for everyday essentials.
If you are looking at making some extra money on the side, don’t be put off by the thought of paying more tax on the cash you make.
Normally, you’d have to pay tax on any earnings over the personal allowance for basic tax-payers, which is £12,570 for the current tax year running from April 6, 2022 to April 5, 2023.
But rules brought in back in 2017 means you can make some cash on the side tax-free.
There are separate allowances for different money-making ventures, most of which are capped at £1,000.
That means you don’t have to declare your earnings to HMRC unless you earn over this amount.
And you can use several allowances in one year, which means you could potentially earn thousands without having to declare the earnings.
We’ve rounded up the easiest ways to make extra money.
Online tasks for cash
1. Fill out online surveys
Online surveys are a quick and relatively easy way to get hold of extra cash.
You can get paid up to £6 per survey – and it’s a great way to make money, according to both Emma Drew of Emmadrew.info and Francesca Mason of From Pennies to Pounds.
There are lots of sites you can use, but these are the easiest to navigate: YouGov.co.uk and Prolific.ac.
2. Go mystery shopping
What could be better than being paid to shop for nothing?
Some brands pay you to shop free of charge, and you can even do it online in some cases.
MoneySavingExpert forum users have put together a comprehensive guide to how you can …….