With interest rates rising for the 13th month in a row and the cost of living crisis continuing to bite, an increasing number of people up and down the country have found themselves turning to side ventures to boost their earnings.
In fact, a third (33.6 percent) of workers surveyed are considering freelancing alongside their day jobs, according to research from recruitment agency Aspire.
Terry Payne, Aspire’s global managing director, said: “With the way workers have seen their real-term earnings reduced over the last 12 to 18 months, it’s no wonder that so many people are looking to boost their income.”
However, he noted: “It’s encouraging to see so many people combining the skills and expertise they’ve developed in their careers with their own personal passions and hobbies. These so-called ‘multi-income earners’ have an opportunity to earn a living by doing something that’s of personal importance or interest to them.”
To top it off, some can earn as much as £2,631 extra a month by capitalising on their hobbies, and Spamzilla has pulled together five profitable side hustles now.
Affiliate marketing on social media: £700+
People could look into joining an affiliate programme from their favourite online stores. According to Spamzilla, people simply choose a product and promote it on their social media platforms.
Spamzilla experts noted: “Your earning potential varies with experience. Beginners can earn up to £787.03 per month, intermediates up to £7,870, while advanced marketers can rake in over £78,703 monthly, according to Niall Roche of Authority Hacker.”
Music reviewing: Up to £163 per day
For those with a passion for music, platforms like Slicethepie.com and PushPlaylist.com pay people to listen to and review songs, according to Spamzilla.
The experts noted: “It’s a fun and relaxing way to earn money from your bed.”
Transcription writing: Up to £2361.09 per month
Platforms such as Fiverr and GMR Transcription offer various transcription jobs, including text-to-text, video transcription, and English/Spanish transcription.
Spamzilla said: “It’s a flexible and rewarding side hustle if you’re a fast and accurate typist.”
Freelance digital marketing: Up to £393.51 per day
With platforms like Fiverr, people can offer their digital marketing skills to businesses worldwide. It’s a great way for people to monetise their marketing knowledge and experience and earn hundreds of pounds more a month.
Watching Adverts: Around £78.70 per day
Websites such as InboxDollars and MyPoints pay people to watch adverts. Spamzilla described the venture as a “simple” and “straightforward” way for people to earn extra money in their spare time.
