I am a firm believer in balancing both sides of a budget sheet. It is not much good me telling you how I love to travel at home and abroad without sharing some tips about how I supplement my income with some online earning opportunities. I intend to share my experiences earning from home and also share how I spend what I earn. A recent survey I saw suggested that three of the things older people fear most after retirement are loneliness, outliving their savings and loosing their purpose in life. I think if you can keep on earning and spending money that it definitely helps to keep your mind occupied and sharp. You can also learn new skills or gain opportunities to apply old ones. I may also share a few tips on saving money.
Nowadays you have a £1,000 trading allowance in the U.K. , this means you can earn £1000 from online trading or earning from surveys or apps each year. before you need to declare it to the tax man. The financial year starts in April. If you earn more than this you should fill in a self assessment tax form .
Posts about online earnings
I have written some posts with links to how I earn extra money. When I retired I decided I would look for ways of earning money from home to finance my interests. I also have two young grandchildren to buy treats for.
Like many people I began by filling in surveys. It is low paid but you can earn a few pounds quite easily.
I now make most of my extra money from mystery shopping. I enjoy the variety that this provides and I find it good practice for writing my travel blog posts.
I have also been helping with academic research which I enjoy. A good site for this is Prolific which links researchers with participants. Studies are usually interesting and offer a fair rate of pay. They accept participants from most countries. Earnings can be paid via paypal or donated to charity. I have also been a guinea pig for studies run by my local university. In my previous job as a nurse I used to enjoy helping nursing students and I find I now enjoy helping student doctors and other students. Making money by helping with academic research.
How to sell books online I used to sell books on Amazon. Although I no longer do this I have written a post with a few tips.
I earn free stamps by being part of a panel which monitors the Royal mail.
Some of these posts contain affiliate links which means I get a small commission if you click and sign up to the site. However I only recommend sites I have used myself and I believe are reputable. If you have any problems or success with a site I recommend please let me know in the comments below.