In most countries of the world, inflation is at an all-time high, and it is becoming increasingly difficult for people to afford their basic needs. The UK, for instance, witnessed double digit inflation rates for seven months between September 2022 and March 2023.
While there’s nothing you can do as a person to stop the surge in prices, earning additional income can help steady your finances. Having just a smartphone and internet connection, here are some exciting and rewarding things you can do for extra cash.
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Taking Online Surveys
Dozens of companies are willing to pay top dollar for consumer market research. This means you can sign up to receive survey questions, answer them and earn money. Although you can’t become rich through these means, you can make at least £100 per month if you join three or more survey sites.
Playing Games
Another popular way to make cool cash with your smartphone is by participating in esports or playing casino slots forreal money. There are a good number of top casinos in the UK that offer mouth-watering bonuses as well as a cross-section of slots and table games. Besides, you can join an esports team and compete internationally in video games for huge prizes.
Tutoring Services
Put your college degree to good use. A lot of college and high school students need private tutors who can help with assignments and coursework or even explain knotty topics. The best part is that you don’t even have to meet your students physically to get paid. All the teaching takes place online via text messaging apps or video conferencing platforms.
Affiliate Marketing
If you own a blog or a vibrant social media page, you can promote the products of notable brands in return for a commission.
Research and Markets estimates that the affiliate marketing market will record a compound annual growth rate of 7.7% in the period between 2022 and 2030. This makes it a very viable channel for additional income.
Photo Selling
Do you love taking high-quality pictures or videos of nature, people and places? Then you may want to consider photo selling as a side hustle. On one hand, you can sell stock images online, and on the other hand, you can help create bespoke visual content for brands. All of this is made possible thanks to the high-resolution cameras on modern smartphones.
Virtual Assistant
Busy entrepreneurs and executives need people who can manage their schedules, respond to correspondence, and help plan their day. If you have spare time, you can become a personal assistant without ever stepping out of your home. The core skills needed for this type of role include excellent communication and familiarity with scheduling apps.
User Testing Participation
Software developers usually beta-test apps before they roll them out to the public. You can join in the testing of these software or websites before they hit the market for a small fee. UserTesting is one of the most popular platforms on which you can apply to become a contributor.
YouTube and Social Media Influencing
Content creators like Mr Beast make millions monthly from YouTube videos. And while everyone can’t become the next Mr Beast, most people still make £10-£30 on average from videos.
You may also consider growing your social media following by consistently posting content that excites your audience. Brands pay social media influencers heavily for product placements and promotions.
The Bottom Line
Technology has opened newer career and revenue streams for thousands of young people across the world. And with a smartphone in your pocket, you never have to go broke again. Latch on to one of these side hustles, and you can make just enough to put food on the table and indulge some extra hobbies.
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