Easy ways to make some extra money

Advice Passive income Space owner success

Place2Park 07 Mar 2023

If you’re looking for things you can do to make some extra cash this year, here’s your guide to doing just that, and the good news is, you can make money with the things you already own. Whether it’s saving up for a holiday, paying bills, or topping up your weekly food shop, these opportunities might just be what you’ve been looking for.

1. Renting out your driveway

With Place2Park you can make extra money from your unused driveway or parking space: rent it out to other drivers in your area seeking parking. You could earn thousands a year - total flexibility, no admin or hassle.

There is a lot of demand for spaces as people commute, buy second cars, attend events, and more. Listing your space is quick, easy, and completely free, so you can start making money from your parking space today.

2. Sharing your car

The car rental app Karshare enables you to put your car to work by sharing it with others nearby. According to their website, you can earn over £650 a month, and as well as earning extra income, sharing your car helps to reduce demand for new cars, thus contributing to the reduction in CO2 emissions.

Karshare also uses keyless tech so no handover is required and their comprehensive insurance means you can rent without any worries, so why not give it a go?

3. Refurbish your old furniture

Refurbishing and selling any of your unused furniture is another great way to make some extra cash as there are people on the lookout for one-of-a-kind pieces to decorate their homes with.

Selling your furniture doesn’t require much money, to start with, but the returns can be tremendously profitable, and even if you don’t have any furniture you’d like to sell there are lots available for free online as people clear their homes, which could give you the opportunity to get creative and make some extra money from this. Websites such as Pinterest even provide useful guides such as, how to upcycle your dining table.

4. Recycle your old phone

Did you know that even broken electrical items can be sold? Old mobile phones, laptops, or tablets can be sold on reselling websites, as long as it’s made clear that the item is broken.

Individual buyers or companies can then purchase used items for parts that can be repurposed for other electrical devices, so if you think you have any items lying around your home, why not dig them out and see if you can make some extra cash from them? There are some great reselling websites such as airport guides, Envirofone and music Magpie.

5. Sell your old clothes

With the fashion industry moving towards a more sustainable way of thinking, the secondhand clothing market is expanding. 53% of us Brits are choosing to purchase more secondhand clothing as a way of saving money, so this makes a great opportunity to clear out your wardrobe and make some extra money whilst also helping the environment.

Platforms such as Depop and Vinted make selling your clothes easier than ever their user-friendly, Instagram-inspired functions allow you to advertise your clothes, and listing them is also very quick and easy to do. Potential buyers can search for and purchase items in just a few clicks, making the whole process seamless - so what are you waiting for?