Make Extra Money from Home – 5 Simple Ideas

If you own your own home, then there are many ways that you can use it to earn some extra money for yourself. If you have a mortgage then you may need to check with your lender though and you may also need to inform your insurance company in case you need to take out extra cover. If you rent your home then it is unlikely that you will be able to do any of these things, although you could contact your landlord or letting agent to find out, if you are keen. However, there are very few barriers to you being able to make an income from the house that you live in. This could really help you out and could be convenient for those that cannot go out to work for any reason or want some extra income on top of what they earn form work.

Lodger

If you have a spare room then you could rent it out to a lodger. You will have to be prepared for them sharing the kitchen and living room with you but if you live alone or find a friend to lodge with you then you might find that this is a pleasure. They should help you out with the jobs and pay their share of the bills as well as some rent which means that you would be able to share a lot of the costs. It could bring in quite a bit of money and you can earn a certain amount of money from taking in a lodger before having to pay tax on it, so this could be useful as well. You would need to check with the tax office or complete a self-assessment tax return to be sure.

B&B

Some people prefer not to have someone staying with them all of the time but just to have them when they are on holiday or need a few nights to stay somewhere. This is when offering a B&B service can work well. The difference is of course, that you will be expected to provide breakfast. If you have a separate annexe then you might be able to leave them facilities to make their own breakfast but normally you would be expected to cook them something. Obviously, you would be able to advertise the type of breakfast that you can provide and do something which suits you. You would need to be up early in order to make the breakfast for when they are ready. If they are staying with you and going off to work in the morning then they may need to have breakfast pretty early.

Rent out attic or garage

If you have space in your attic or garage then you could rent it out for others to use for storage. There are many people that would like to store things that they do not use that often but they do not have enough to fill a storage locker. Then they will be looking for a smaller space at a reasonable price and you might be able to offer them that. You may need to pay extra insurance to cover their things, but you could allow for that in what you charge. If they are using the garage you could let it be their responsibility to insure the contents and you could let them have the key so they could use it without you having to be available to open it for them. With attic space you would need to be there to let them in, but it is likely that they would not want to access their things that often.

Rent out driveway

Some people rent out their driveway. This can be particularly good if you live near to offices which do not have enough parking spaces available. If this is the case then you can offer your driveway for someone to park on every day at a cheaper rate t the nearest car park. You would need to be prepared to move your car off the drive even if you are having a day off work so not moving it. There is also a risk that they may drip oil on your driveway so you would need to decide whether you were happy with that.

If you decide that any of these are for you then you will need to advertise. You could try advertising locally in newsagents or in the paper or online on local classified pages. However, there are also websites that you could advertise on that specialise in these services. They will charge you but it could allow you to more easily be paired up with someone and therefore start making money sooner. All income that you make would potentially be taxable but you may be able to claim some expenses depending on what you have decided to do.

How to Afford Healthy Food on a Small Budget

Many of us would like to have a healthier diet but it can seem like healthy food is only affordable to those that have a really high income. This means that if you are on a low budget then you may feel that you are destined to only being able to afford unhealthy food. However, there are ways that you should be able to have healthier foods without having to spend more money.

Smaller portions

One thing that many of us are doing is just eating too much food. Portion sizes have grown a lot and so we tend to be having more than we need. It is worth checking out the latest guidelines for portion sizes and see whether you are having too much. You may find that you will be able to reduce the amount of food that you are having which could mean that you will be able to reduce your shopping bill generally and this may leave room for adding in some more expensive items.

Cut out Snacks

Snacking between meals is something that we seem to all do but was not something that we did a few decades ago. It is not necessary for us to keep eating all through the day and so by just sticking to three meals a day we will be cutting down on the expense of those snacks. Snacks also often tend to be unhealthy and so if we miss these out we will be being healthier and we will save money.

Ignore superfoods

Superfoods are certain foods which are advertised as being extra good for us because they contain certain nutrients. These tend to be highly marketed and very expensive. It is okay to ignore these though as the price rarely justifies the health claim. If you have a good variety of different foods then you should get all of the nutrients you need without needing an extra big dose form one expensive food.

Swap out expensive items

If you start looking carefully at prices you will find that there are certain food items that are really expensive that you might be able to swap for cheaper alternatives. For example, you might find that meat is one of the most expensive things you buy. Consider using beans or pulses instead for a few meals and you will save a lot of money. If this does not appeal then you may find that vegetarian meat alternatives might be cheaper. You could always just buy half the portion or cut what you buy in half to last two meals rather than one.

Cheaper supermarket

It could be worth comparing the prices of supermarkets and trying out one that is cheaper than your regular one. Of course, you will not want to travel too far to shop and the fuel cost of getting there could be more than the savings you make so make sure that you weigh it up properly. You may find that you do not like the food in one supermarket compared with another so you will need to try them out and see.

Compare prices

It is really important to notice prices and compare them when you are in the supermarket. It can be easy to get carried away and just picking up the things that you always buy without taking notice of how much it actually costs or whether there are cheaper alternatives that could be as good or better. By looking for cheaper items you will save money and this will ensure you have enough to eat healthily.

Reduce food waste

Many of us waste a lot of food and this is costing us money. So be careful when you are tempted to do this. Make sure that you eat the whole loaf of bread or freeze it if it is likely to go off before you use it all. Also freeze left overs rather than throwing them away. Keep a constant check of what is in your fridge and the use by date so that you do not go over by mistake. By not throwing food away unnecessarily you will save money which you can put towards other food.

Cut out take aways, ready meals and eating out

Many of us frequently eat out, order a take away or buy a ready meal. These are all really expensive ways to eat and so just by reducing these you will be saving money. They are also usually unhealthy and have big portion sizes and if you cooked yourself it would be both cheaper and healthier. By cooking more from scratch we can keep the costs down and make the food healthier. We can control how much fat and sugar we put in and also add in extra vegetables if we wish so that the dish is healthier and by making it ourselves we save a lot of money and it need not even take that long.

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