We have modern technology to thanks for the fact we now have even more ways than ever to increase the balance of our bank accounts. At times it seems like money is impossible to come by, (we’ve all been there!) but the following web-based companies can give people of all different interests and skills a way to make some money.
I’m going to assume you already know the basics of bidding website eBay, without doubt one of the biggest and best-known online retailers. The majority of users log onto the website to buy, but others use it to sell and successful eBay salespeople can make a lot of money. The simplest way is to sell off all the junk which fills so many of our homes, but with hard work and some smart bidding eBay can become a place for you to buy cheap items (with no intention of using what you buy) and sell them for more to make a profit. Don’t attempt this unless you are very competent at maths, are prepared to work hard, and already have a decent knowledge of how the site works.
This website exists to do all the hard work for you when it comes to investing stocks and shares ISAs. If investing isn’t your cup of tea or if you simply don’t have the time then Nutmeg’s investors are there to do it all for you after you’ve told them your goals, how much you want to invest and the risks you’re prepared to take. We recommend having a look at Nutmeg for some free information on the current ISA limits all investors should be taking advantage of.
Primarily an online polling site, Swagbucks mixes things up by paying you to watch videos, use its search engine, and play online games. The website has its own currency, ‘Swag bucks’, which can be traded for cash via paypal, or gift cards for Amazon, M&S, Pizza Express and more. Swagbucks isn’t the only website which offers this, other examples include Ipsos, Global Test Market, Crowdology, and OnePoll.
One of the internet’s biggest marketplaces for freelance work of all different kinds, Elance users are treated to a simple and sleek interface with jobs in niches that range from translation to web design. Individuals or companies who need work done post advertisements and you submit a proposal. There isn’t a limit to how much money you can make, but don’t expect to immediately land yourself a high-paying gig. With persistence and hard work you could become one of the website’s elite freelancers who can earn anything up to £100,000 a year. This article from the Guardian outlines some pros and cons of freelance!
If you have an interest or talent for arts and crafts, Etsy is without doubt the website for you. It serves as an online craft fair for absolutely anything handmade, from jewellery and ceramics to furniture and art. There’s also a section for vintage items, which have to be at least 20 years old. One problem, however, is that the website is based in the USA so it operates in dollars and would require British users to pay increased shipping costs. However, British alternatives include Folksy and Coriandr which may not be as big but this means that you could face less competition when selling your wares.