Published: 12/04/2021

Save and make money #3

Here at 1Plus1 Guarantor Loans, in these blogs, we want to help you save and make money with our savings and money-making suggestions to help you be better off financially.

1. Get paid to test products

Get paid for testing and giving your opinion on products such as food and the latest technology before they’re launched.

You should be told how much you’ll get in advance and you may get cash or gift vouchers.

You can find more details at sites such as Paid Product Testing.

2. Share your opinions in surveys

Complete surveys at home and earn money.

All you’ll need to do is sign up and answer a few preliminary questions for each survey to make sure you’re a suitable candidate.

Among the bigger agencies are Valued Opinions Panelbase,  and Toluna.

You may earn anywhere from 50p to £5 a survey.

3. Have some fun - enter competitions

Your chances may be slim, but it’s worth giving it a go – especially the free ones.

Sites such as Magic Freebies or Latest Free Stuff, aggregate all the latest competitions you can enter, so sign up!

4. Recycle old products

Recycling or upcycling old products is a great way to earn some extra cash.

Sites like Music Magpie offer instant quotes for tech products like phones, tablets, consoles and CDs.

You can also recycle printer cartridges for cash on sites like Inkviro.

5. Be a music reviewer

Review unsigned artists and get paid.

There’s no limit to the number of artists you can review and Slicethepie allows you to get paid based on the quality of your reviews.

6. Browse the web and get paid

Regular online surfers can get paid to click on certain websites using Qmee and Inboxpounds. Qmee pays you when you search online.

It works through a browser extension that pops up with a set of results each time you use a search engine like Google. If you click through one of the links, you bank the money until you want to cash out.

7. Start saving into a pension

If you aren’t already, consider saving into a pension.

You should be enrolled in your company pension automatically if you work and earn over £10,000. Otherwise, you can opt for a personal pension.

There are minimum contributions you and your employer must pay if you’re in a company pension. Some employers may contribute more, and even match your contributions.

You’ll earn money on your savings no matter what type of pension you save into via the stock market. Your savings will be invested in a range of assets such as property and bonds which should give you generous returns over the years.

You’ll also get tax relief on your contributions – 20% for basic-rate taxpayers.

How pensions work

8. Start a blog

You’ve read ours – so give it a go!

They can be a fun hobby and can be a great way to earn an income for those who are passionate about a subject such as fashion or food.

To reap the benefits, you’ll need to put in the work and effort. Money-making probably won’t be instant.

Once it gets going, however, generating income can be pretty easy.

Try using Google Adwords to put advertising on your site and make money every time people click on the ads.

Last updated: 27/09/2022