How to Make an Extra £200 per Week in 2024

Learn how to make an extra £200 per week. Nowadays, things are becoming more expensive, and keeping up with living costs can be hard. Some extra money in your pocket can make a big difference.

There are many ways to make an extra £200 per week. You can start with something easy, like selling unwanted belongings. Plenty of other ways exist, such as blogging, freelancing, or matched betting.

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1. Sell Unwanted Belongings

You probably have stuff lying around that you do not need. Selling household items is a great way to start earning extra money. You cannot sell your belongings indefinitely, but it gives you time to figure out other ways.

Look around your home and identify things you no longer need. A great place to start is your wardrobe, where you might find clothes you can sell for cash.

Other items also work, for example, used electronics, jewellery, and books. You can sell these items online or at a car boot sale. Great online platforms include:

• eBay
• Facebook Marketplace
• Amazon
• Niche selling sites such as Depop for clothes

2. Work as a Freelancer

Another popular way to make money is freelancing. You can freelance in different industries and choose something you like and are skilled in. Common freelance work includes:

• Data entry
• Graphic or website design
• Virtual assisting
• Coding
• Proofreading
• Writing
• Tutoring
• And many other opportunities

You can freelance without any experience. You may have to lower your prices and increase your rate as you build experience. When new, many freelancers choose a platform such as Fiverr to start out.

Read my Fiverr review with my experience. Once established, you can create your own website and work with clients.

3. Start a Blog

Starting a blog is not a quick way to make extra cash. You will first do unpaid pre-work, mainly writing blog posts. But once you have done this, you can earn well, as you can see from my blogging income report:

You do not need to be an expert writer to start a blog. Blogging is more like talking to someone, except you write everything down.

It is like being in a chat room or writing a post in a forum. All you need is a topic you are passionate about so you do not get bored.

4. Make Money with Your Car

If you own a car, you can use it to make money. Many apps enable you to monetise your car. These usually work by assigning you deliveries for food or groceries. You get paid for each delivery. Another option is services such as Uber, where you drive people to their destinations.

However, when taking on driving gigs, you need to be careful. The rising fuel costs and the mileage you add to your car may mean some jobs are not worth it.

5. Become a YouTuber

If you are skilled with the camera, consider becoming a YouTuber. YouTubers make money from uploading videos to YouTube.

They get paid ad income from YouTube, donations from followers, or use affiliate links. Being a YouTuber does not mean you have to show your face. You can also upload tutorials where you share your screen while doing something or music videos such as music to fall asleep to.

Video tutorials are the most popular video type, making it easier to gain viewers. To start becoming a YouTuber, you do not need a lot of things. Simply upgrade your equipment as you become more established. For starters, you need a:

• Microphone
• Video editing software
• Screen-recording software
• Google Adsense account
• Camera if you want to film yourself or something

6. Do Matched Betting

Matched betting means placing sports bets that cancel each other out to profit from a promotion. It is not gambling, as you cover all outcomes of an event.

In my first year of matched betting, I earned almost £10,000. Times have changed since then. Yet, matched betting still gives me an extra income, as you can see from my matched betting income report.

Outplayed, a matched betting website, is the starting point for learning about matched betting. You can listen to the video explanation or read the guides.

7. Rent out Extra Space

If you have unused space, renting it out is a great way to get an income. There are different parts of your home that you can rent out:

• Your whole flat or house
• A spare bedroom
• Your garage
• Your shed
• Your garden
• Your drive

Renting out a flat, house, or room is commonplace and self-explanatory. But you can also rent out other parts of your property. Some people need a space to park their car, so your garage or drive would be perfect.

Other people are looking for storage space, so you can offer your shed. If someone needs a place to pitch a tent or grow plants, your garden could be the perfect place.

8. Resell Items

Reselling is another way to earn cash. When reselling, you buy items to sell them. You can resell whichever items you want, but most people specialise in one area. The best items to buy at car boot sales to resell include:

• Electronics
• Books
• Clothes
• Postcards
• Stamps

Resellers buy their goods in thrift stores, on car boot sales, from eBay auctions, and car boot sales. Then, they list their findings on selling platforms such as eBay or become an Amazon seller.

9. Get Paid for Your Handwriting

If you have great handwriting, you can monetise your talent. Read more on how to get paid for handwriting jobs.

10. Showcase Your Body

OnlyFans is not for everyone. However, if you could imagine yourself doing it, you can earn a tidy extra income. You can use OnlyFans anonymously. Plenty of users are making money on OnlyFans without showing their faces.

Tax Implications of Making Extra Money

If you earn money, report your side hustle earnings to the taxman. In the UK, you have a tax-free allowance of £1000 for extra earnings. If you earn more than that from your hustling, you need to file a self-assessment.

This trading allowance may change; you should check it every year to ensure you are up-to-date. Remember that side hustle income may push you into a higher tax bracket. Other countries may have different rules, so you must check your government’s website.

How to Make an Extra £200 per Week Summary

If you want to make an extra £200 per week, try one or more of the following ways:

• Sell your unwanted belongings
• Work as a freelancer
• Start a blog
• Make money with your car
• Become a YouTuber
• Do matched betting
• Rent out extra space
• Re-sell items
• Get paid for handwriting
• Showcase your body on Onlyfans

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