Household budgets are continuing to be stretched due to the high cost of living. With energy prices remaining high and the cost of groceries on the rise, many people are finding it difficult to make ends meet. However, there are ways to earn extra cash without even leaving your home. Side hustles are a great way to boost your income and help you afford the things you enjoy.
In April, the energy price cap dropped from £1,928 to £1,690, resulting in an annual bill decrease of £238 for the average household. While this is a welcome relief, energy costs are still significantly higher than they were a few years ago. The rising cost of living has forced many people to cut back on non-essential expenses in order to cover essential living costs.
One way to supplement your income is through side hustles. These are small, flexible jobs that you can do in your spare time to earn extra money. Here are nine ways you could add to your bank balance and get back to being able to afford to treat yourself.
1. Surf the web for cash: You can earn money by simply surfing the internet. By downloading and registering with the Qmee app or using a browser add-on, you can get paid for clicking on tailored ads. You can earn around 7-15p per search, with the potential to earn up to £1. There is no minimum cashout amount, and you can withdraw your earnings through PayPal, Venmo, and gift cards.
2. Install an app: Some apps will pay you to install other apps on your phone. By downloading Ipsos Media Cell, a consumer data tracking software, you can earn a £20 voucher for installing an app on your phone and filling out a quick survey. You can also earn £10 each month for keeping the app installed on your phone.
3. Share deals and get paid: If you find a good deal, you could get paid for sharing it with others. Sites like LatestDeals reward members with points and Amazon vouchers for sharing deals, vouchers, competitions, and commenting and voting on deals.
4. Earn cashback: Cashback sites like TopCashback and Quidco give you cash back when you spend money online. You can earn hundreds of pounds per year by clicking through their websites before making a purchase.
5. Get paid to watch TV: Theviewers.co.uk puts together research panels for broadcasters and program makers, allowing you to earn between £40 and £70 for participating in discussion groups or surveys.
6. Snap photos of receipts: Apps like Receipt Hog will give you points for taking photos of receipts, which you can redeem for vouchers once you reach a certain threshold.
7. Complete easy tasks: Money-earning website 20Cogs allows you to complete 20 tasks over a few weeks, earning you money for competitions, offers, gaming, and surveys.
8. Fill out online surveys: Online surveys are a popular way to earn extra cash, with sites like YouGov offering up to £6 per survey.
9. Get paid for music: SliceThePie will reward you for listening to and rating songs, allowing you to earn up to 10p per song.
By taking advantage of these side hustles, you can boost your income and ease the strain on your household budget. Whether you’re looking to make a little extra cash or save up for something special, there are plenty of opportunities to earn money from the comfort of your own home.
