5 Ways to Make Some Extra Money in 2017
*This is a sponsored post
Whether you spent way too much at Christmas or your New Year’s resolution is to be more sensible with your finances, making some extra money wherever possible will be extremely beneficial.
Not everyone is lucky enough to bring in a monthly salary that allows them to live a care-free life, so saving and finding ways to profit by other means is an ideal way to stay financially afloat in 2017.
You may be surprised to find that there are many ways of making some extra cash here and there — some of which are already right under your nose. From renting rooms and parking spaces to selling jewellery for cash, let’s take a look at five ways for you to earn some extra money this year.
Sell Your Junk via Online Marketplaces
If you’re someone who tends to be a little bit rubbish at throwing things away — which, let’s face it, most of us are — you could be making a decent profit from old things you have no use for. Online marketplaces like eBay and Gumtree are an absolute goldmine to find some cheap deals, and therefore as a seller, items you have in good enough condition to sell will be worth something to someone.
While you may not make a fortune from each item individually, you’ll soon accumulate a tidy sum if you manage to sell enough of your old stuff. Anything that you own and no longer have a use for is worth putting up for sale online. You never know who’s out there looking for some cheap furniture for their new flat, or for some reason have taken a shine to the cuckoo clock that you received from a barmy relative.
Recycle Old Mobile Phones
A new model of iPhone and various Androids are released every year, and many people feel the need to have the new model as soon as it comes out, leaving behind a large number of relatively new phones that become unused. If you are one of these people and you’ve struggled to sell your old phone or haven’t bothered to sell it at all, you should think about recycling it.
There are a bunch of sites that offer cash for old mobiles, and if you have a fairly recent model to trade in, you could come away with £200-£300. That type of money would go a long way to paying off monthly bills or be a nice little addition to your savings.
Sell Old Jewellery
Jewellery is one of those belongings that people seem to hoard, often without even realising how big their stash has become. Selling jewellery can be a tricky task, as without a proper appraisal, you’ll be unsure whether you’re getting a good deal or not. This could well be the reason why your pile of treasures has continued to grow.
If you’re selling jewellery and are looking for a way to get them appraised before money changes hands, seeking out a cash for gold company is a good way to have a precious metals expert take a look at what you’ve got and give you a quote. It’s worth doing a bit of homework, because the higher-quality companies have a price match scheme and will match any company that offers you more.
Postal gold services are a really great way of selling jewellery for cash, especially if you don’t have much time on your hands and want a quick and easy process. They’ll send you an insured, first-class envelope, so all you have to do is put your items in and send it off. You’ll usually get a quote within 24 hours. Simple!
Rent Out Your Parking Space
A lot of houses and flats these days will come with an assigned parking space, but many of these spaces remain unused by people who don’t drive or do not own a car. If this is the case and you live in a city where parking is expensive or scarce, renting out your parking space could prove to be a straightforward and efficient way of making money.
If you live in a big city like London, people will be coming far and wide for all different reasons. One prime example is football fans heading to the city to watch a game. They will have already spent a hefty amount on tickets, fuel and potentially overnight accommodation, so a cheap parking space in the city would be an ideal way to save money.
Rent Out a Spare Room/Airbnb
If you have a spare bedroom that currently has the purpose of being a dumping ground for old junk, a walk-in wardrobe, or makeshift man cave, you’re wasting an opportunity to gain a bit of extra income.
Having a clear-out and putting together a basic spare bedroom won’t cost you much at all, and the potential it will then have to bring in a hefty sum while charging rent is too good to pass up.
Another option is Airbnb, a site that allows you to rent out your living space to people who are planning a visit to your town or city. This can be especially profitable if you happen to live in an area that’s more popular with tourists — and you can even rent out your garden or nearby land for campers to pitch their tents.
Although money isn’t the be all and end all of life, if you ask a room full of people who would like to be earning more money, you would get a room full of raised hands. Finding ways to make some extra cash, whether it’s through selling jewellery and old belongings or renting out a living space, will prove to be extremely useful for relieving some of the stress of bills or other future endeavours.