If you want to pocket some extra cash in the New Year then look no further!
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Here, we round up 20 simple ways that you can make money in Make sure your keeping as much as possible of your new-found gains with our guide to saving money. Boost your savings rate While interest rates on savings accounts are lacklustre across the board, there is still a big difference between the best and worst accounts on the market.
To make money as a real estate contract flipper — also known as a real estate wholesaler — you enter into an agreement with the original owner to buy the property at a later date, usually in return for an equitable interest in the home.
You can use the Which? Move your money into a top-paying savings account to maximise the amount of interest generated.
Money Compare to find the best rates for your savings Alternatively, you should check out the current accounts that pay interest. Earn cash by switching banks The introduction of the Current Account Switch Service has made it easier than ever to change bank accounts, as banks now do much of the work for you.
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Switching accounts could also give you access to cashback, exclusive savings accounts and cheap overdrafts, not to mention better customer service. Find out more: the best bank accounts for cashback 3. Use cashback websites every time you shop You can make money buying products you already had your eye on by going through cashback sites such as Quidco and TopCashback. Many credit cards offer cashback or rewards such as airmiles or shopping voucherswhich can be used alongside cashback websites.
Find out more: cashback sites explained 4. Reclaim lost cash Hundreds of millions of pounds are lying around in lost or forgotten bank accounts, savings accounts and even old investments. Our guide how to where you can make money from scratch lost bank and savings accounts explains everything you need to know to get your money back.
Try your hand at selling them online and see if you can make a profit. Websites like eBay are a quick and easy way to help shift things you no longer need.
Just look out for fees which could eat into how much money you make. Gumtree and Preloved and, more recently, Facebook Marketplace are some of the biggest sites where you can advertise items you want to sell, complete with images and descriptions for free. Vehicles, evening dresses, cameras and household tools are among the most commonly rented items on these sites, and you can set the price and length of time you are willing to lend your items for.
20 easy ways to make money in 2020
Rent out your home You could earn hundreds of legal and quick earning schemes a day by renting out your home to TV production companies. Registration is usually free, although you may have to pay a commission of the total location hire fee. Most demand is for large houses with big rooms and plenty of good parking, although all types of property are sought, from contemporary conversions to classic period homes. Magazine companies are always on the lookout for places to feature as backdrops for photoshoots too.
Make money from your driveway Your driveway can also help you earn extra money in the New Year. Listing your driveway or garage on sites such as JustPark and YourParkingSpace could earn you cash from motorists searching for a cheaper or guaranteed spot.
You decide what to charge, with the going rate depending on location, demand and facilities, such as lighting and security. There are a number of websites online that you can sign up to, including Paid Product Testing.
Pick up odd jobs Lots of online sites can help you make money from your skills in your spare time.
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The site connects people who need a hand with odd jobs, and people who have some time and know-how. You can also use Fiverr or Fivesquids to legal and quick earning schemes a service such as graphic design skills that you can provide online. Qmee, for example, pays you when you search online. It works through a browser extension that pops up with a set of results each time you use an engine like Google or Amazon. If clicked, you bank the money until you want to cash out.
Share opinions in surveys You can earn money on the go or from the comfort of your home by simply completing surveys.