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Life is expensive these days, and it doesn’t show any sign of letting up. So what can you do when it’s all getting expensive and you need a bit of extra income? You can get by on one kidney, so that’s always an option, but you might be one of those picky people who are after something that’s a little less – well – invasive. Luckily there’s a whole host of online services which are giving people the chance to make a bit of extra income.

HowNow

We wouldn’t be doing our jobs if we didn’t throw our own hat into the ring. HowNow is a platform that lets you teach online classes from the comfort of your own home to people all over the world. They can be about literally anything, and they can happen whenever it’s convenient for you. If you have a skill or some knowledge that you could share you could be our next Expert, and feel great about sharing your gifts with the world while you earn extra income. Plus, you don’t even really have to get out of your PJs.

Air BnB

If you have a home, you have pretty much all of the requirements to earn extra income with Air BnB. You can let out a spare room, or even the whole place if you have somewhere else you can go. You’ll need to provide a few pieces of ID, and some quality images of your space, plus a warm welcome when you meet your new guests, and you’re basically golden. You have the freedom to say when you can accept guests, so the amount of income you pull in is totally up to you.

Survey Sites

Do you have opinions? There are loads of survey websites, like MySurvey, OpinionOutpost, and ValuedOpinions which allow you to earn extra income while airing your views. You could be answering questions on anything from lifestyle to your opinions on a new movie trailer before it’s released. You know those surveys they always quote on Eight Out of Ten Cats? They have to find those examples somewhere…

Top Cashback

If you want to earn extra income without actually having to change your habits at all Top Cashback is for you. Using their links to big brand websites means you can earn rewards and money off of your purchases. It doesn’t always feel like a lot, but it adds up when you check your account one day and realise you have enough cashback to cover something fun like a hotel room or a new pair of trainers without having to put in any extra effort. Everyone loves a freebie.

Fiverr

If you have a skill you can market, Fiver is a place to do that. The whole point of the site is that you make $5 per job, so the extra income isn’t huge, but if you’re a fast worker you might find that it adds up. Maybe you’re a designer, or a Twitter whizz, or even a coder. People are looking for your skills. Of course, you do have to be slightly wary about devaluing your work, especially if you’re looking to make a significant amount of extra income without giving away all of your free time.

extra cash
So there you have it. These are just a few of the many ways you can find to make a few extra pennies online. We hope to see you teaching a HowNow class in the very near future, and maybe we’ll even come and stay at your Air BnB. Nothing weird, honest.

So. You have an amazing idea for a business and you’ve decided you want to make it happen. That’s awesome, but what’s the next step? It’s likely that you’ll need to find funding to get the wheels in motion. Here are a few of the options you might want to look into:

Use your own money

Sure, it’s a risk, but it can’t be that much of a risk if you have an amazing idea and you’re really confident that it’ll work. It’ll mean you stay completely in control of your business and there’s nobody who’s going to kneecap you because you owe them money (although if you’re borrowing money through legit means we’re sure there’s only minimal kneecapping anyway). It’s the kind of funding that provides the most freedom from other peoples’ opinions.

Ask your friends/family/connections

If you know somebody who has money and who’d be willing to chip in to support you on your way to living the dream, then let them help you. It can be awkward, but it’s worth it if it gets you where you want to be. If you have connections with people who are open to investing, exploit those. Starting a business is no time to start feeling shame, and lots of people would be very excited about funding a loved-one’s dream.

Grants

It can take a while to research all of the business grants available and whether your project fits their criteria. The application process can also be equally long and dull. However, if you can find a suitable grant and end up getting it you’ll be glad you took the time. After all, free money is the best kind of money.

Incubators

If you think you could benefit from more than just an injection of cash, an incubator could be the way to go. Depending on the company involved they could offer to provide office space, advice, help with marketing, and networking opportunities along with their financial offering. It does require giving up a degree of control, though, so it might not be the dream option for everybody.

Loans

Loans are a classic option and, while there’s some suggestion that they’re more difficult to get in today’s financial climate, if you have a well-thought-out business plan and a clear idea of what your revenue will look like, you still might be able to convince a bank to sit down with you and talk it over. The crucial thing to remember is that you’ll have to pay it back eventually, whether or not the business works out.

Nothing

If you’ve got a simple idea, you might not need to be put off by complicated methods of finding funding. Say you were launching a consultancy business: You could work from home, set up a simple website, and get networking. There doesn’t always need to be a big financial outlay, and as you being to bring money in you can reinvest it to help your business grow at a sustainable rate.

funding

It’s not necessarily hard to launch and grow a successful business, but it does take a lot of work to keep it running. If you’ve managed it, you’re already kind of our idol. Do you fancy guiding other people through the process? Sign up today to become an Expert with HowNow. And if you’re just at the beginning of your journey, keep an eye out for some advice from our experts.