Ideas for a second income?
Ideas for a second income?
Author
Discussion

minimad69

Original Poster:

41 posts

189 months

Tuesday 6th August 2019
quotequote all
Does anyone have any ideas for a second income?

I currently worked 12 hours shifts, with a 37 hour contract. I work around 14 days a month, nights/days weekdays and weekends. Often find myself bored on weekdays while my mates and girlfriend are in work. I've got a business degree, A levels, and a HNC in mechanical engineering (not fantastic grades though) , and really don't want to go more education for now. So thought about a second job, for extra cash to pay credit cards and take the pressure off a bit, maybe look to invest in property later on. I'm pretty handy with spanners, but hold no qualifications for this. The issue with my shift rota is that I can't commit to every monday/tuesday as my rota doesn't allow.

I don't have a big savings pot to invest in much at the moment.

Ideas so far:
I applied for part time work in a custom car garage, the owner seemed keen, but not heard since.
Thinking about completing my HGV license, and working as a self employed driver.
Same as above but for mobile plant, such as excavators.
Mobile mechanic business.

Saleen836

12,503 posts

238 months

Tuesday 6th August 2019
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Chimney sweep?
No idea where you are based but im in west Wiltshire and phoned my regular sweep last week to make an appointment...September 10 is the earliest date!
£45 is what mine charges and will be her no longer than an hour

marksx

5,174 posts

219 months

Tuesday 6th August 2019
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Portable appliance testing?

Frankthered

1,688 posts

209 months

Wednesday 7th August 2019
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Would you consider Matched Betting OP?

It's pretty straightforward and doesn't need much to get started - internet access and a bank of £200 or so to get you going.

You can make a chunk of money out of the sign-up offers and probably a few hundred per month from the ongoing offers - some people will claim you can make £2k per month but I'm a little skeptical of that!

In case you don't know, it's not gambling, it's risk free and I've done ok out of it in the past. I still dabble occasionally, but not so much these days because I don't seem to have as much time.

It sounds like you do!!

MECHENG84

541 posts

88 months

Wednesday 7th August 2019
quotequote all
Frankthered said:
Would you consider Matched Betting OP?

It's pretty straightforward and doesn't need much to get started - internet access and a bank of £200 or so to get you going.

You can make a chunk of money out of the sign-up offers and probably a few hundred per month from the ongoing offers - some people will claim you can make £2k per month but I'm a little skeptical of that!

In case you don't know, it's not gambling, it's risk free and I've done ok out of it in the past. I still dabble occasionally, but not so much these days because I don't seem to have as much time.

It sounds like you do!!
I did this for a while. I made a bit of cash from it but found click working brings me in more money and is easier.

softtop

3,172 posts

276 months

Wednesday 7th August 2019
quotequote all
MECHENG84 said:
Frankthered said:
Would you consider Matched Betting OP?

It's pretty straightforward and doesn't need much to get started - internet access and a bank of £200 or so to get you going.

You can make a chunk of money out of the sign-up offers and probably a few hundred per month from the ongoing offers - some people will claim you can make £2k per month but I'm a little skeptical of that!

In case you don't know, it's not gambling, it's risk free and I've done ok out of it in the past. I still dabble occasionally, but not so much these days because I don't seem to have as much time.

It sounds like you do!!
I did this for a while. I made a bit of cash from it but found click working brings me in more money and is easier.
Would you say this is about minimum wage or could you achieve more?

acd80

751 posts

174 months

Wednesday 7th August 2019
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There's always the Army / Maritime / Air Force reserves.

Money isn't great initially but it does build up over time and the bounties (£400 odd in year 1, £1900 from year 4 onwards) are tax-free.

p4cks

7,497 posts

228 months

Wednesday 7th August 2019
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Sell coke

marksx

5,174 posts

219 months

Wednesday 7th August 2019
quotequote all
What is click work?

Mr-B

5,014 posts

223 months

Wednesday 7th August 2019
quotequote all
Matched betting is an easy way to get some quick cash. A quick smash and grab effort will get you a grand within a week or so, most of your accounts will be dead by then so it becomes more difficult to sustain just from online bookies, you may need to go offline and into the shops but that becomes more difficult and time consuming.

Have a look here too https://www.moneysavingexpert.com/family/make-mone...

chml

741 posts

138 months

Wednesday 7th August 2019
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Has anybody more info on matched betting please?

200Plus Club

13,586 posts

307 months

Wednesday 7th August 2019
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marksx said:
Portable appliance testing?
You won't make a living from that full time nor part time. 50-60p per item commercially.

Mr-B

5,014 posts

223 months

Wednesday 7th August 2019
quotequote all
chml said:
Has anybody more info on matched betting please?
Decent place for starters

https://forums.moneysavingexpert.com/showthread.ph...

anonymous-user

83 months

Wednesday 7th August 2019
quotequote all
I was in a similar position a few years ago. I looked at lots of options then settled on window cleaning due to the low start up cost of around £80 for squeegees and buckets. I reinvested into water fed pole and pure water and expanded into six days a month. I’ve since streamlined down to 2/3 very busy days per month keeping just the most profitable customers. It’s surprisingly profitable when run well. I’m now moving on to want more days off so I’m selling but if I wasn’t in the position of wanting more time and no longer needing the money I’d certainly be keeping it.

softtop

3,172 posts

276 months

Wednesday 7th August 2019
quotequote all
Mr-B said:
chml said:
Has anybody more info on matched betting please?
Decent place for starters

https://forums.moneysavingexpert.com/showthread.ph...
I know it is late but that is some thinking and I would have thought the opportunities to find new companies to use are limited.

rufmeister

1,498 posts

151 months

Wednesday 7th August 2019
quotequote all
sebdangerfield said:
I was in a similar position a few years ago. I looked at lots of options then settled on window cleaning due to the low start up cost of around £80 for squeegees and buckets. I reinvested into water fed pole and pure water and expanded into six days a month. I’ve since streamlined down to 2/3 very busy days per month keeping just the most profitable customers. It’s surprisingly profitable when run well. I’m now moving on to want more days off so I’m selling but if I wasn’t in the position of wanting more time and no longer needing the money I’d certainly be keeping it.
I started window cleaning as a part time weekend income, it lasted about 5 minutes...now I have 6 vans and some monster jobs! Such a great scaleable business.

Blib

48,105 posts

226 months

Wednesday 7th August 2019
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rufmeister said:
I started window cleaning..........Such a great scaleable business.
ISWYDT.

yes

Welshbeef

49,633 posts

227 months

Wednesday 7th August 2019
quotequote all
softtop said:
Mr-B said:
chml said:
Has anybody more info on matched betting please?
Decent place for starters

https://forums.moneysavingexpert.com/showthread.ph...
I know it is late but that is some thinking and I would have thought the opportunities to find new companies to use are limited.
Was thinking the same once you’ve done all available deals then you either wait until the next tranche appear - who knows how long Or you start risking your own £

Mr-B

5,014 posts

223 months

Wednesday 7th August 2019
quotequote all
softtop said:
I know it is late but that is some thinking and I would have thought the opportunities to find new companies to use are limited.
Yes the best days of matched betting are over, too many got involved and killed the golden goose. For anyone that hasn't done any form of betting then getting a fresh set of accounts and doing a smash and grab will net you a quick grand or so, after that it is harder work but you can still make beer money from it. I looked at oddschecker only the other day to see what was available and they had listed about £1000 of free bets so just hitting those would conservatively get you £700+.

Welshbeef

49,633 posts

227 months

Wednesday 7th August 2019
quotequote all
Mr-B said:
Yes the best days of matched betting are over, too many got involved and killed the golden goose. For anyone that hasn't done any form of betting then getting a fresh set of accounts and doing a smash and grab will net you a quick grand or so, after that it is harder work but you can still make beer money from it. I looked at oddschecker only the other day to see what was available and they had listed about £1000 of free bets so just hitting those would conservatively get you £700+.
Do you think here and now £300-450pcm is easily achievable? If so how much time is required to do this?