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Making money from home

Making money from homeWant to make some extra cash in your spare time? Find out how you can – and how to avoid scams.

Don't expect too much

The truth is, you're not going to get rich in your spare time – starting a successful business or becoming a bestselling author takes a lot of hard work and dedication. Casual work from home is more likely to get you an extra few quid here and there, and maybe something extra for your CV, so don't set yourself up for disappointment.

What are your skills?

If you have a skill, and other people want it, then you're well on your way to making some money. Examples include computer repair, DIY and tutoring. The great thing about this kind of work is that it's totally flexible: if you need to stop for a while to prepare for exams, for example, there's nothing stopping you. However, you will need to find your own customers, whether by posting flyers in local cafés or advertising online, which might be harder than the work itself!

Find out more in our article on starting a student business.

Taking opportunities

You can also keep an eye out for opportunities to make money, such as participating in surveys. This will be more out of your control, but might require less time and effort on your part. Find out more about unusual ways to make money.

Avoiding scams

Some work-from-home opportunities aren't all they seem, and getting involved could cost you. A common scam is to ask for payment for a starter pack or registration fee. Once you've paid, the promised work never comes and you've lost your money.

But some scams are more dangerous. If you're offered a job that involves transferring money in and out of your bank account, you may be being targeted for money laundering. This is illegal, and can lead to your bank accounts being frozen and even prison time.

To avoid scams:

  • Be suspicious of any job offer that requires you to pay a fee up front
  • Remember: if it sounds too good to be true, then it probably is
  • Research a business before getting involved, and be suspicious if they only give you a phone number or PO box address
  • If you think you've discovered or fallen victim to a scam, report it – you might be able to get your money back, and you'll be helping to prevent other people from losing out too.

Paying tax

Working for yourself means taking care of your own taxes. If you're just earning a little money while you study, you probably won't pay tax, but you'll still need to register as self-employed, keep track of what you earn, and fill in a tax return. Find out more in our guide to tax.