5 Incredibly Simple Ways to Make Extra Money This Year

It’s always a good idea to set financial goals for the next 12 months. One of the things most of us hope for during the early months of the year is to make a bit of extra money. Thankfully, technology now enables us to make more from the comfort of our own homes — often within just a few hours!

There are options to receive lump sums of cash, such as through PPI claims, or receive vouchers and reimbursements from activities like mystery shopping. There are ample ways to get some extra money in your pocket, so check out some of these ideas to find out which will work best for you.



1. Switch Your Current Account

One of the quickest ways to receive a large sum of money is by switching current accounts. Banks and building societies are willing to offer some great rewards to get you to sign up for an account with them. Some will offer £100 for you to switch across, or offer a bonus if you stick with them for a year.

The switch guarantee makes switching bank accounts easier than ever before. Payments and direct debits are transferred across swiftly, leaving little work for you to do. Many offers do have terms and conditions, so be sure to check them before you make the switch.

2. Claim PPI Before it’s Too Late

Filling out a form to reclaim Payment Protection Insurance can take just a few minutes, but the reward could be enormous. With the average payout at just below £3000, taking some time to make a claim could be well worth your time.

PPI claims are easy with a PPI claims company. If you’re not sure if you bought PPI, they will be able to uncover this for you. They will then contact the bank on your behalf and make a claim. Always check the service fee and find a company offering a no win, no fee. Alternatively, contact the bank yourself. Make sure you make all PPI claims before 29th August 2019, as this is the deadline for PPI claims to be made. Don’t miss out before it’s too late!

3. Look for Online Vouchers

Using vouchers is a great way to get discounts and save money. But, if you’re shopping online, it can be difficult and tiring to search online for lots of deals. This is why Pouch is the perfect solution.

This handy browser extension makes finding discounts online much easier. Download the extension for free and every time you visit a website with voucher codes available, Pouch will pop up with a notification! With discounts for Amazon, Tesco, Dominos and many more, it’s 100% worth downloading right away.

4. Become a Mystery Shopper

Many businesses use mystery shopper schemes to evaluate their customer service. Businesses will usually reimburse you up to a certain amount for whatever product you buy or service you use. Others will offer vouchers for your shop.

It’s a great way to buy valuable purchases or enjoy a good meal and not have to pay. There are a few different opportunities available from various companies, so have a look and find the one which gives you the best deals.

5. Sell Your Skills Online

You might have heard about Fiverr, the online website where people can sell their skills and talents. Well, a British equivalent of the website has finally arrived: fivesquid. Where do your talents lie? Are you great at proofreading CVs? Can you create a personal training programme for somebody? Whatever you’re good at, you could offer £5 or more for the service.

People are looking for really simple things which they need help with. The great news is that some of it you can do from the comfort it of your own home. Even if you only make a sale a couple of times a month, that’s still over £100 by the end of the year. Why not try it?

Whether you’re making a PPI claim, selling your skills online or evaluating a store, there are lots of ways to make extra money. Make 2018 the year of financial freedom!

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