How to Make £1000 Fast (UK): 50 Legit Ways

Are you in need of quick cash? You can make £1000 fast with methods that don’t involve payday loans or sketchy offers. Making extra money is easier than you think! Start with the suggestions below and combine the methods you like. You’ll get your £1000 quickly.

🪧 Should you sign up through my affiliate links, I may receive a commission at no cost to you.

1. Blogging

Blogging lets you earn a full-time income, often with part-time work. That said, blogging is no get-rich-quick scheme. How quickly your blog can make money depends on:

• Your time commitment
• Your niche
• Your content
• Your marketing strategy
• Other factors

Individual results are hard to predict because there is much to factor in. You should make money after at least a year. There is a risk that your blog may fail to take off. However, you cannot lose much with blogging as costs are low.

Plus, you can always start over for free if you have already paid for your hosting. To set up your blog, you can use Lyrical Host. This is the host I use.

✅ Pros	❌ Cons
You can sell your blog You can write about your hobbies The blogging community is great	Variable income Takes time to set up

2. Matched Betting

Matched betting means making money from sports bets. Matched betting is not gambling, and your income is tax-free. With matched betting, you can start making money from day one. You do not need to wait to become established.

Although I recommend taking it slow, in theory, nothing stops you from making £1000 on your first day. I made £245 in my first month of matched betting. I only started with £10 and managed my bets alongside my full-time job.

The disadvantage of matched betting is that it is less secure than other side hustles. You don’t create assets. Instead, you depend on bookmaker offers. Losing your accounts means losing your income. I recommend not becoming too reliant on matched betting.

✅ Pros	❌ Cons
Can make money straight away Very flexible time wise	Not as profitable as it used to be Can be difficult to understand You won’t have any assets Depends on the bookmaker’s offers

3. Affiliate Marketing

Affiliate marketing means recommending services and products you find helpful to others. Then, you receive a commission when they make a purchase. It is easy to combine with blogging as you can place affiliate links onto your blog.

Many people connect affiliate marketing with aggressive sales techniques and false promises. However, the key to success is finding a product that helps others. You can earn an unlimited passive income with affiliate marketing. Join the top-paying affiliate programs to start.

✅ Pros	❌ Cons
Passive income Easily scalable income	Can be difficult to find an audience Need to research to find the right product

4. Working as a Virtual Assistant

A virtual assistant supports companies, entrepreneurs or brands from a remote location. The workplace is usually their home (or a sunny beach). Support can involve:

• Managing social media accounts
• Responding to emails
• Graphic design
• Following up with clients

Being a virtual assistant has several advantages. You can work from home and on your schedule. On the other hand, it has the disadvantage of being a slow-starting business.

In the UK, virtual assistants average an hourly wage of £13. This equates to a monthly salary of £2340 if you work full time. The average hourly wage in the US is $16, resulting in a monthly salary of $2640.

Salaries vary, though, with some making up to $100 per hour. As with most jobs, your salary depends on your experience and skills. In the beginning, you’ll earn less than average. You may have to put in more hours than experienced virtual assistants.

✅ Pros	❌ Cons
Can choose your own hours Can do a variety of tasks	Low pay if you’re inexperienced

5. Creating and Selling a Product

Creating a product you can sell is a great way to make money fast. These products can include printables like budget planners or courses. You can choose an area where you already have expertise to start quickly.

Selling your product generates passive income. Except for occasional updates, digital products don’t require much input. However, there is a substantial upfront effort in developing the product.

For example, if you develop a course, the initial research and setup can take months. There is also the risk of your product flopping, leaving you at a loss. Once you have created your product, you have to promote it. This is where different ways of making money can come together. You can:

• Host your products on your blog
• Use an affiliate system to increase sales
• Hire a virtual assistant to do your marketing

You can also use Amazon Merch to sell your products.

✅ Pros	❌ Cons
Can make money fast High earning potential Can be passive income	You need an idea for a product and a strategy

6. Coaching/Consulting

Offering coaching or consulting services means you meet your clients via telephone or video call. Then, you offer advice or solutions to their problems.

You should be an expert in your field to help others. However, having expertise does not mean spending years at university. If you are successful at something, you can teach others how you got where you are.

For example, if you are an established blogger, help others with their blogs. If you have turned your life around after a divorce, you can teach others to do the same.

Coaching or consulting has many similarities with creating a product. You need a website to promote your services. However, you don’t have to invest a huge upfront effort if you already know the field. Instead, it is a much more active form of income.

✅ Pros	❌ Cons
High income per hour Low upfront investment	You need expertise Need to promote your services

7. Investing

Investing is a great way to create passive income. You can do this while working on other ways to make money. Starting with small amounts is fine, too.

A great way to get started is by investing your loose change. You can do this easily with apps that round up your change. To make £1000 monthly from investment returns, invest at least £300,000. Yet even investing much smaller amounts will help you reach your goals.

Read my free Invest With Confidence guide to learn more about investing.

✅ Pros	❌ Cons
Passive income Great earning potential over time	You need some money to get started

8. Reselling

Reselling is a lucrative and often underestimated way to make a regular income. The principle is simple. You buy something cheap and sell it for a higher price.

You can apply this to a wide range of fields. Some people like to visit car boot sales and sell their haul on eBay. Other options are reselling domain titles, blogs, houses, books, etc.

Reselling is beginner friendly and doesn’t require any experience. Anyone can sell unwanted items, such as selling old CDs. After that, you need some starting capital to make your initial purchases. With increasing experience, your profit should also increase.

Popular places to resell items are:

• eBay and eBay alternatives
• Facebook Marketplace
• Amazon

✅ Pros	❌ Cons
Beginner-friendly side hustle	You need stuff to sell You may not be able to sell things

9. Teaching English

Teaching English is such a rewarding way to earn £1000 fast. Knowing English opens up the whole world. You will be the one helping others to get to this stage.

You do not need to attend university or pay for long-winded programs. You can become an English teacher by obtaining a Teaching English as a Foreign Language (TEFL) certificate.

The course is easy to understand, and you can usually learn from home. After becoming certified, you can teach English online to foreign students or travel to teach in classrooms.

✅ Pros	❌ Cons
Potential to travel the world Reliable income	You need to get a certificate first

10. Cashback

Cashback is a low-effort way to make extra money. Cashback means you will receive money back when you make a purchase. To get cashback, use a cashback site or app.

✅ Pros	❌ Cons
Little effort involved You can find great deals	You only get money when you buy something

More Ways to Make Money

If the abovementioned ways are not enough, here are more ways to make money quickly.

1. Complete online surveys
2. Use receipt-scanning apps
3. Search for a new job
4. Ask for a pay rise
5. Rent out a room
6. Sell stock images
7. Sell empty ink cartridges
8. Test websites with UserTesting
9. Become a transcriber or copywriter
10. Publish a novel
11. Write music reviews
12. Create a membership site
13. Donate blood plasma
14. Sell your hair
15. Become a YouTuber
16. Make money on Onlyfans
17. Start a podcast
18. Join competitions
19. Operate adult chat lines
20. Sell your data
21. Join a clinical trial
22. Make money watching ads
23. Make money searching the web
24. Join focus groups
25. Trade foreign currencies
26. Get a high-interest savings account
27. Become a mystery shopper
28. Become a tour guide
29. Do gardening for your neighbours
30. Put advertisements on your car
31. Become a poll clerk
32. Collect reward points
33. Work overtime
34. Get a part-time job
35. Rent out your equipment
36. Rent out your car
37. Be an extra in a film
38. Start a social media account
39. Get sign-up bonuses
40. Deliver food

For more ideas, read my post about 100 ways to make money.

Why Does Making Extra Money Matter?

An extra £1000 per month can make a huge difference to your life. It certainly did for me! I have increased my income by £1000 per month through side hustles. Thanks to that, I:

• Paid off a car bought on finance.
• Never need to worry about money anymore.
• Bought fancy stuff (a Macbook and an iPhone).
• Increased my retirement savings.
• Supercharged my financial independence, retire early (FIRE) fund.
• Am now able to become financially independent five years earlier than planned.

Your life and goals are probably different from mine. However, I have yet to meet anyone who would not find a use for an extra £1000.

Which Is Better, Making Fast Money or Creating Assets?

Before you make £1000 per month, you must understand the difference between making money and creating assets. Assets generate money by themselves, or you can sell them to make money. This means you have a source of passive income rather than just working alone. In other words, your money does the work for you.

Whether you want to make money quickly or create an asset depends on your circumstances. Creating an asset takes time and effort. Thus, this approach may be too slow if you need money quickly.

If you already have a source of income and want to diversify, asset creation may be right for you. If unsure, focus on making money for now and start creating your assets later.

Do I Need to Pay Taxes on Extra Income?

If you make an extra income exceeding £1,000 per year, you must file a self-assessment in the UK. If you neglect to do a self-assessment, you are committing tax fraud. Therefore, read up on self-assessments before you start your side hustle.

This may sound intimidating, but most self-assessments are straightforward. You likely won’t need an accountant to do them.

Frequently Asked Questions

What are quick ways to earn £1000?

There are several quick ways to earn £1000. These include:

• Selling items you no longer need
• Doing freelance work
• Participating in online surveys
• Driving a taxi on weekends
• Providing online tutoring services

Additionally, you can explore opportunities like Airbnb, affiliate marketing, or a side hustle based on your skills.

How can I make £1000 in just a week?

Making £1000 a week can be challenging, but it is possible. Consider taking on multiple part-time jobs, offering freelance services, or completing online surveys.

Alternatively, you can sell valuable items, such as electronics or furniture. You can also offer specialised skills like tutoring, photography, or graphic design.

What are the best strategies to accumulate £1000 rapidly?

To accumulate £1000 rapidly, you should diversify your income sources. Combine strategies such as freelancing, online tutoring, and selling products or services.

Also, consider tapping into the gig economy by delivering food or driving for a rideshare service. Track your earnings and find ways to cut expenses to funnel more money towards your £1000 goal.

What are proven methods to generate £1000 in a short time?

Proven methods to generate £1000 quickly include:

• Taking on freelance projects
• Selling items online
• Working as a server or bartender
• Offering tutoring services
• Participating in online surveys or market research

It’s crucial to be persistent and consistent when pursuing these options. You should also keep a positive mindset focused on achieving your goal.

How can I legally make £1000 within a few days?

Legally making £1000 within a few days is challenging but feasible. Options are offering a high-demand skill or service, selling valuable items at a premium, or taking on an urgent gig.

Remember to stay focused on your goal, work diligently, and maintain a positive attitude.

How to £1000 Fast in the UK Summary

Making an extra £1000 a month is not as difficult as you think. The main challenge lies in finding the courage to leave your comfort zone. Many ways to make £1000 a month exist, including:

• Blogging
• Matched betting
• Affiliate marketing
• Being a virtual assistant
• Creating a product
• Coaching/consulting
• Investing
• Reselling
• Teaching English

If you want to level up, read how to make £5000 per month.

If you like this post, please help My Money Yard grow by sharing it with your friends.