How to earn £500 extra per month

Welcome to the second blog post in a series telling you how you can earn an extra £100, £500 or £1,000+ per month.

Earning £500 consistently every month will take a bit more effort than earning £100, but for some people this is equal to their part time wage! It could give you a lot more freedom, pay for a holiday or anything else you want to do.

Earning £500 a month should take you around 10-15 hours a week.

Firstly, you need to have completed the steps in my first post – how to make £100 a month. You should sign up for more than 10 websites/smart phone apps and drop those that don’t work for you. These will form your base £100 and often more. Below are things that you should be doing in addition to these things. 

Mystery Shopping

Would you like to get paid for enjoying a meal at your favourite restaurant or shopping for a new dress? If so then mystery shopping is definitely for you. My favourite company is Market Force, simply because of the clients they have available. If you register you will recognise a whole host of high street names. I also recommend Grassroots and The Mystery Dining Company.

Sell your skills

Whatever you can do, you can make money from it. Fiverr allows you to sell a whole host of services for $5 – you can do things like post on forums, leave comments on blogs, design logos and much more. You can spend a few minutes browsing the jobs available before deciding what you will sell for $5. You could also look at People Per Hour for jobs that you can complete. The jobs on there range from everything under the sun – you could set up social media pages, write articles or record an audiobook.

Focus groups

These days, attending focus groups sometimes doesn’t even involve leaving your home – you can complete online focus groups and group discussions to earn cash. People4U connect you to relevant focus groups both online and at real locations across the country.

Start a blog

Starting a blog is a great way to not only earn some extra cash, but also to become part of a community. There are many ways to make money from creating a blog – sponsored posts, advertising, affiliate marketing and more. You can get started easily on Blogger or pay for paid hosting and a domain name (yourblogname.com for example). Making money from blogging isn’t quick – it can take months, if not years to start earning a decent income, it isn’t a quick fix.

Audio Transcribing

If you have a good typing speed then you might want to consider working from home as an audio typist. Working on a shift basis, you can be sent audio files to transcribe on a regular basis. There is a deadline with each file you receive and you will be paid for the number of minutes you transcribe, not the number of minutes you have spent transcribing.

Buy to sell

Visit charity shops (is it okay to buy at charity shops to sell on eBay?) and car boot sales to find items you think you can sell for more elsewhere, usually eBay. Remember that if you are buying to sell, as opposed to decluttering your own items, you will need to pay tax. If you are interested in doing this then check out what to buy at boot sales to sell on eBay.

Next week I’ll be telling you how you can look to make £1,000+ per month.