1.No-Risk Matched Betting
Hands down the quickest way to make a lot of money (well, without breaking the law). Lots of students have genuinely made £100s from this technique. It's completely legal, risk-free, tax-free, and anyone over 18 in the UK can do it (Not in the UK? Skip to no. 2)!
It works by taking advantage of free bets regularly offered by betting sites through 'matching' them at a betting exchange. Matched betting eliminates the risk (you are betting both for and against a certain outcome).
This leaves you being able to squeeze out the free bet, which can be as much as £200! Multiply this by how many betting sites there are and you can quite easily come away with a profit of a few hundred pounds.
Owen walks you through how to make your first £18 profit (using a real-life example) in this gem of a guide to matched betting. If you know of any better way to make £50/hr sitting at home, please let us know!
2.Online surveys
An increasingly popular way for students to make money is to fill out online surveys in their spare time. Research companies are always recruiting new members worldwide to answer surveys and test new products.
For a few minutes of form filling, you can make a couple of quid which is paid as cash or rewards. You can bag up to £3 ($5) for some surveys!
A few good ones to try are Toluna, MySurvey, OnePoll, i-Say, InboxPounds, Panel Opinion, Global Test Market, The Opinion Panel, YouGov, Opinion Outpost, New Vista, Pinecone, SurveyBods, Hiving, Panel Base, Prolific, Survey Junkie.
Also sign up for Swagbucks which rewards you for surveys as well as simply surfing the web, watching videos and playing games.
3.Become a delivery rider or driver
4.Write and publish a Kindle eBook
5.Mobile phone recycling
Hands down the quickest way to make a lot of money (well, without breaking the law). Lots of students have genuinely made £100s from this technique. It's completely legal, risk-free, tax-free, and anyone over 18 in the UK can do it (Not in the UK? Skip to no. 2)!
It works by taking advantage of free bets regularly offered by betting sites through 'matching' them at a betting exchange. Matched betting eliminates the risk (you are betting both for and against a certain outcome).
This leaves you being able to squeeze out the free bet, which can be as much as £200! Multiply this by how many betting sites there are and you can quite easily come away with a profit of a few hundred pounds.
Owen walks you through how to make your first £18 profit (using a real-life example) in this gem of a guide to matched betting. If you know of any better way to make £50/hr sitting at home, please let us know!
An increasingly popular way for students to make money is to fill out online surveys in their spare time. Research companies are always recruiting new members worldwide to answer surveys and test new products.
For a few minutes of form filling, you can make a couple of quid which is paid as cash or rewards. You can bag up to £3 ($5) for some surveys!
A few good ones to try are Toluna, MySurvey, OnePoll, i-Say, InboxPounds, Panel Opinion, Global Test Market, The Opinion Panel, YouGov, Opinion Outpost, New Vista, Pinecone, SurveyBods, Hiving, Panel Base, Prolific, Survey Junkie.
Also sign up for Swagbucks which rewards you for surveys as well as simply surfing the web, watching videos and playing games.
3.Become a delivery rider or driver
Got a bicycle, motorbike or car? What about a Smartphone? That's all you need to make some extra money by delivering food or people whenever you've got some spare time.
Sign up to delivery specialist companies like Deliveroo who are always on the hunt for new riders. They allow you total flexibility to work when you want, delivering food from restaurants to the customers' door. You can make up to £16 an hour.
Double-up your opportunities by directly contacting local takeaways and bigger chains like Dominos to see if they have any delivery jobs going.
4.Write and publish a Kindle eBook
If students are good at anything, it's researching and writing. With the Amazon Kindle store, anyone can publish an eBook and make money.
And the Kindle app is now available on almost any device (laptops, iPads, smartphones and yes, Kindles) so your global market is huge!
List your book for £1.49 - £6.99 and you earn 70% of the sale. Considering Amazon is the ultimate selling machine (and remember people are looking to spend), that is a fantastic deal.
The key to success with eBooks is to create value, and write non-fiction. Simply bundling information you have researched and compiled on a common problem (eg. 'secrets' to finding a job) and then presenting it in an easy to digest format (an eBook) justifies someone spending a few quid on it.
Another big tip is to have a great cover designed (browse these) so it stands out, and once your book is live on the Kindle store it's really important to get some reviews so it shows up higher in results. Encourage readers to leave an honest review at the end of your book.
The best thing about this lucrative idea is that once you've invested the time (say 20 hours), you'll earn a passive income for years to come! For a step-by-step guide to publishing and earning with eBooks, see "How to write a nonfiction eBook in 21 days".
5.Mobile phone recycling
You can earn good money and help the environment by recycling your old mobile phones and other unused devices. Maybe ask your parents if they have any lying around too.
Here are the some best companies,
Best mobile phone recycling companies
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