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How your spare time can earn you up to £200 a month

This money making advice piece looks at sites such as TaskRabbit and FiveSquid to make people money in their spare time
By Editorial on Feb 26th, 2017   @freelotteriesuk

We all have those few hours knocking around on a weekly basis, but we choose to sit in front of the telly or go down the pub or even have an extra kip on a Sunday.

This is all well and good, but what if those few hours a week could help you save for that luxury holiday you always wanted, or get you out, or even pay for those fancy boots you’ve had your eye on?

There are around 1.2 million people with two jobs in the UK, but if you find your first job stressful enough, you don’t necessarily need to get a second one to earn extra cash. 

There is a new trend online that allows anyone to monetise the skills they already have (no you don’t have to be a professional or have ten years of experience). People are listing simple skills that they are happy to put to good use over a time period that suits them and get paid for it. 

Making money from your hobby

Take Blossom. She works as a PA 9-5 but loves singing as a hobby. She has listed her voice skills on fivesquid.com and has since joining earned over £15,000 by doing anything from short video voiceovers to composing short intro songs for companies. 

By micro-tasking you can monetise your spare time without feeling like it’s a second job.

Terry Koutsios, founder and CEO of fivesquid.com explains, 'People want to enjoy simple luxuries in life without having to sacrifice their saving plans or day-to-day budgets, more and more people will be looking at alternative ways to earn some extra cash without getting into debt.'

Tasks for cash

If you don’t quite think you have digital savvy skills that you think you can use, other companies allow you to micro-task by doing small physical tasks, i.e. on TaskRabbit if you can do anything from picking up someone’s shopping in your area, to doing a neighbour's ironing and set your own hourly rates to make sure you’re paid for your spare hours. 

One of the main reasons people are reluctant on getting into a second job is because of the hours. Caroline Wilson, who works full time as a receptionist says, 'I don’t think I will have any time at all to spend with family and friends and earn not that much more.' 

Let us know if you would be comfortable giving up a few hours a week to monetise them?