Boost Your Daily Income
With today’s uncertain financial climate learning how to start a side hustle and potentially how to make an extra £100 per day is becoming more and more of a necessity.
An extra £100 per day is a great amount of side money and in certain cases is more than some people can earn from their full-time job.
You could save money to boost your daily income but you can only save so much. Your earning potential has no limit assuming you learn some new skills.
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There are several ways to make £100 extra a day and I will walk you through them.
Some can make you this extra money quite quickly whereas others can take some time.
However, all of them can make you an extra £100 per day and in some cases much more.
Making money on the side of your 9-5 job isnt terribly difficult but you will get out what you put in so dedicate yourself.
£100 per day is an extra £2800-£3000 per month straight into your bank account.
Whether you use this extra money to boost your income or to escape your 9-5 is up to you.
Dont forget You will need to pay extra tax on any side hustle income but you will still earn a nice amount of extra cash each month.
How To Make An Extra £100 A Day Online
When people think of making an extra £100 a day, they think about second jobs or part-time work in the evenings.
This is certainly one way of making extra cash but making money online is easier than many people think.
The best part is you could start making money online right now, The second you finish this article.
So let’s jump in with how to make an extra £100 per day online.
Blogging
Why not start with what you are reading now, A blog?
Blogging is not a fast route to £100 per day but with dedication and learning some new skills, that and much more is possible.
Starting a blog simply requires you to have a skill or knowledge for something that you enjoy.
For example: you may be very knowledgeable about Vehicle maintenance or training dogs or perhaps you know a lot about travel.
You do not need to be an expert in your niche you just need to know more than the average person and be passionate about it.
Once you have decided on a niche, you could write some ideas for posts you would like to write.
Examples might be “The Best Places to See in Venice” or “How to Get Your Dog to Walk Without a Lead”
Once your blog is attracting traffic then you can look at monetizing it with ads and using Affiliate Marketing.
You could also write an ebook and sell digital products on your blog.
Blogging is a great way to earn an extra £100 a day and can earn you even more.
It can also enable you to lead a life where you don’t need to fight traffic daily and ask for holiday permission.
Writing An eBook
Writing an eBook is the easy part, Marketing it so that it sells copies daily is much harder.
However, it can be done and there are a wide variety of ways to sell an eBook.
Creating an eBook can be done simply by using Google Docs to create the book.
You can then sell it via sites such as Gumroad or Amazon KDP.
With Google Docs, you can save your eBook as a PDF file which can then be uploaded to these sites.
People can then download them when they make a purchase and read on their phones or tablets.
So what will your eBook be about?
Utilize your skillset. Are you good at cooking then perhaps a recipe eBook for weight loss?
Maybe you have thousands of followers on Instagram, you could write an eBook detailing how to gain followers.
This will not be a quick way to earn an extra £100 per day. It will however get you there with some time and dedication.
Amazon FBA
Amazon FBA stands for Fulfilment by Amazon.
You can sign up to become an Amazon seller which has a monthly cost of around £30.
Once this has been done you can start selling on Amazon. There are of course restrictions. You can’t just sell anything.
Online Arbitrage is the easiest way to sell on Amazon. You find products online at a discount, price them accordingly and then send them to Amazon.
Amazon stores these products and then when a customer purchases from you Amazon package them up and delivers them.
Of course, there is a little more to it than that.
There is a lot of learning to do to master this side hustle. Mainly what items to get cheap and what items you can sell.
You also are competing against other sellers selling the same items.
Amazon FBA however can earn you way more than £100 per day if you scale it up.
I sell retired Lego on Amazon and have made more than £100 profit in one day.
The best items to sell are items that sell all year round. Think Toys or Beauty products.
Although a steep learning curve and is competitive I would always pick Amazon FBA as a side hustle which would make me an extra £100 a day.
Become A Virtual Assistant
In today’s modern digital world becoming a virtual assistant should be something you look into if you want to make an extra £100 per day.
A virtual assistant is someone who helps business owners achieve tasks. These tasks can be as simple as sending an email to help build or maintain websites or social media marketing.
Some common tasks include
- Writing content
- Replying to emails
- Email marketing
- Social media marketing
- Website design
- Data entry
- Administration
All of these tasks are done remotely hence the title of Virtual.
You can sign up to become a virtual assistant in quite a few places. The best ones out there are FiverUpwork.
The more skills you have as a virtual assistant the better as it will lead to more job offers but you could always do a few jobs for low money to gain a reputation.
The bigger and better your CV will mean more job offers and more money.
£100 per day is quite achievable.
Teach English Online
Teaching English online if you are a native English speaker is relatively easy.
You will need a good understanding of the English language and a good internet connection.
In most cases, you will also need a TEFL qualification which can be gained online for a small cost.
Once you have this then you can sign up for any of the online teaching platforms.
You could be teaching students one-on-one or sometimes in a group.
The pay can vary but typically a new teacher can earn up to £16 per hour and a more experienced teacher can earn up to £24 per hour.
Previous experience as a teacher will be beneficial but is not a barrier to entry so don’t let this put you off.
How To Make An Extra £100 A Day Combining Jobs
Making money online is the best way in my opinion to boost your income.
There are of course lots of ways of making money which do not involve sitting behind a computer for hours at a time.
Some of these tasks do not earn as much as £100 per day so you may need to combine two or more of these to hit your target.
Dog Walking/Pet Sitting
Having a dog is a world of fun and they very quickly become part of the family.
Unfortunately, there are times when you cannot take the dog with you when you go on family trips or out for the day.
This is where a dog walker/sitter comes in handy. If you are a dog owner yourself then you probably have the right skillset to do this job.
You will need to be reliable and trustworthy as you may be in people’s homes and they need to feel comfortable.
Advertise your services on Facebook groups and you will be surprised how many job offers you will receive. This work is really well suited to young people.
Rent Out Your Driveway
If you are fortunate enough to own your own driveway and live near good transport routes or major sports stadiums then renting out your driveway can be quite lucrative.
Parklet is a site which will give you a rough estimate of income from renting your driveway.
The average is around £200 per month. More if you are in a major city or near somewhere like Wembley Stadium.
Make sure you have a written contract to protect yourself should anyone’s vehicle get broken into or damaged while parked on your property.
Other than that it is pretty easy to set up using one of the many websites available that will take a small fee for you advertising on there.
You can always advertise on Facebook for free as well.
Food Delivery
Im sure you have probably used food delivery services before. Uber Eats, Deliveroo and Just Eat are the main 3 you will have used or at least heard of.
Instead of spending money with these companies how about earning money with them by delivering food?
You can use whatever mode of transport you like but I would say an electric bike is probably the quickest and cheapest option as well as keeping your fitness up.
The more delivery’s you take the more money you earn. At first, it won’t be much but as you learn and become more proficient with the orders and routes you take then it can add up.
Paid Surveys
Carrying out paid surveys can be done from home or on the go if you use a smartphone.
Earning £100 a day is not going to happen with paid surveys but you could make that in a month and then combine it with other Ways to boost your income.
Isay and Swagbucks are two of the best-paid survey sites out there.
With both of these paid survey sites, you earn points for completing surveys and then can swap these for things such as Amazon vouchers.
This can save you a lot of money at Christmas for example if you save up your vouchers.
Here are some of my quick tips for paid survey sites.
- Do not pay to join a survey site
- Set up a separate email address
- Try and cash out as quickly as possible
- Do not lie when completing surveys
- Dont worry about not qualifying for every survey
- Use the refer a friend screen liberally to boost your earnings
Testing Websites
This can also be done on the go. A lot of companies have a great webpage but it doesn’t transition well to a mobile phone.
This means that testing websites on mobiles is very useful. It is all based on helping companies give customers a better user experience.
Usertesting is the best website testing company out there.
You will get paid for doing various tasks on a website or app, such as answering questions about site speed, layout, etc.
You will have a main dashboard where you can sign up for tests. On average there will be 2-3 tests per week to be carried out.
It’s a good way of earning a little extra money each month.
Watching Videos
Im guessing if you are anything like me then you will have the television switched on but not be watching anything in particular.
This is usually because you have your head stuck in your phone.
I spend a lot of time just watching Instagram or TikTok videos so it makes sense to get paid to watch videos.
Inbox Pounds is a website that pays you to watch videos. Inbox Pounds used to do just surveys but now will reward you with points for watching videos and giving some input.
Brands will pay Inbox pounds for consumer research and you as the consumer get rewarded with Inbox pounds for completing tasks. Some take a minute or two whilst others are longer.
The longer the task the bigger the rewards.
Investing
Now investing is probably going to be the slowest way to make £100 per day online but it will be the best way.
Investing is such a strong way to build wealth that Im surprised it is not taught in schools.
There are many ways to invest and many platforms to invest in.
My advice would be to do some learning and jump onto one of the better online platforms such as Trading212 or Freetrade.
These platforms will allow you to invest in either individual stocks such as Apple or Microsoft or to invest in ETFS which are a bundle of stocks.
You can also invest in Index funds or REITS (Retail estate investment trusts).
To start with I would suggest the S&P 500 is a good one to start as it tracks 500 of the biggest US companies and has averaged 9% return over the last 50-odd years.
You can choose to add as little or as much as you like and you can set up a payment schedule for every month if you like.
It may take several years but steadily investing is the best thing you can do to improve your future wealth and it will get you to over £100 a day over time.
Sell Your Stuff
Having a clear out of your home is one of the more satisfying things you can do. To get paid for some of your unwanted items is also pretty rewarding.
You can sell your stuff in a few places such as eBay, Etsy, Facebook marketplace etc.
Make sure to take good pictures of your items and be clear in the condition description.
You will be surprised with how much stuff you can get rid of if you get ruthless as well as how quickly it will sell. With today’s financial climate people are always looking for bargains.
Final Thoughts
So I have given you 12 legitimate ways how to make an extra £100 per day.
Some of these require some dedication and learning and some will take you a few months to get going but all of them are tried and tested ways of earning extra cash.
As with most things in life you get out what you put in and the more you put into these side hustles the more chance you have of succeeding.
Post Disclaimer
The information contained in this post is for general information purposes only. The information is provided by www.TheMoneyMonk.com. We endeavour to keep the information up to date and correct. Content on this page is for informational purposes only and should not be constituted as financial advice. Please do your own research before making financially related decisions.