Posts from ‘June, 2009’

Using Your Home

While only 1pc of Which? members are renting a room to make extra cash, there are other innovative ways to put your home to work.

Rent Your Space

If you have a spare room, garage or storage space that you are not using, you might be able to rent it to someone who needs it. Spareground.com carries adverts for all sorts of spare space.

If you rent out a room, any income you make up to £4,250 is tax-free. Average monthly rent is £289. If you don’t want to commit to a full-time lodger, consider renting a room out during term times to foreign students.

Which?’s survey found that 6pc of members were doing overtime or additional work of some sort to supplement their income. Here are some options for making extra money.

Completing Surveys

Many research agencies pay a small amount to people who complete surveys online for them (starting at 10p, depending on length of survey).

You have to register with them and provide some details. They contact you when a survey fitting your profile is available. You accumulate your rewards in an account which are then paid in cash or vouchers when they reach a certain limit.

Market Research