We’re money-saving experts – easy ways to make your money work for you, so you can work less and still afford what you want


IF you thought that the only way to make more money was to put in more hours of work, then you better think again.

Experts say you can save more by working less and still have the little luxuries in life.


Makala Green, an expert on all things finance, has shared her tips to help you stretch your money

“Managing your money goes a lot further than just waiting for your check to clear each month. There are small changes you can make to your life that make a big difference,” said Julian House of discount experts My Favorite Voucher Codes.

Some of these changes can be made at home, which can stretch your money further.

But others allow you to use your time on the clock, meaning you earn more for every penny you make.

How to keep earning money from home

Earn cashback and rewards as you spend

Purchasing costs have increased drastically and we cannot avoid it. But we can be rewarded for our spending.

“Getting cashback is a great way to reduce the additional financial burden,” says Makala Green, an expert on all things finance.

“The average family can save between £2,500 and £5,000 a year with a cashback or rewards card.”

Look into cashback or rewards credit cards to make sure you get your money’s worth when you spend it.

shopping spree

Make sure to compare prices online when shopping to ensure you’re packing the best deal available, advise discount experts at www.myfavouritevouchercodes.co.uk.

“Sites like My Favorite Voucher Codes make it super easy to find the best discounts,” they said.

Jo Thornhill, financial expert at MoneySuperMarket, agreed, saying, “Looking around is a good way to save,” especially on your car, van, or home insurance.

“If you can afford to pay for an annual policy up front, you might find that there are savings to be had compared to paying monthly,” she added.


“Investing has become so much easier to access, and you get a potentially better return on your money over the long term without overcompensating for your time,” said Makala, author of The Money Edit.

“You can invest as little as £1 and your potential for growth can be beneficial.”

The idea of ​​investing is to watch your money grow thanks to compound interest.

But Makala warns investing involves risk, which means you can lose capital. So always get financial advice if you need it.

Rent out your space

If you have a spare room in your house or are going on vacation, you might want to consider renting out the space for some money.

“Renting storage space or a vacant space is becoming more common and is an easy way to make more money with a limited amount of time,” Makala said.

“By renting out a space, you can expect to average around 50% of what storage companies get and a lucrative rental income.”

Companies like AirBnb have made this easier – and the money you make can be used towards your own mortgage or rent.

Travel at undesirable times

It sounds insignificant, but changing your trip by just 15 minutes can drastically change the price of your trip.

“If you can plan ahead and it doesn’t cause you major inconvenience, actively choosing to travel at times that are considered undesirable can get you significantly cheaper tickets,” the discount experts said.

Earn more while you work without working more

Charge devices while you work

Most of us are guilty of charging our phones overnight. On average, this costs just under £5 on top of your energy bill, Penny O’Brian, MoneyTransfers’ financial advisor, told Fabulous.

Instead, she suggests saving that money and charging your phone at work instead.

“Not only will this save on your electric bills, but from a professional standpoint, there’s a better way to avoid distractions than charging your phone while you work,” she said.

Bring a packed lunch

The average lunch costs £5 a day, which can result in spending of up to £1,200 a year – that’s a lot of money we could save.

Instead, Penny suggests taking a packed lunch to work instead.

“Not only can this save you a lot of money, but it also gives you the opportunity to have tastier and healthier lunches than you normally would,” she said.

“To really see the money you’re saving, you could transfer the £5 a day into a high-interest savings account, increasing your savings even further.”

Ask for a raise

The best way to make more money is with a raise, but one in 10 workers say they’re nervous about asking for it, Penny said.

“If you feel like you’ve worked hard and really deserve a raise, set up a meeting with your manager,” Penny said.

But avoid simply saying, “I need more money,” and instead focus on making valid arguments as to why you deserve a raise.

claim tax reduction

Not many people realize the relief they’re entitled to when it comes to taxes, Penny said.

“If you’ve worked from home at all during the pandemic, you can apply for a tax break to cover the extra costs incurred,” she said.

This could cover things like heating, energy and broadband bills, and while you might not see that money every week, a hefty sum at tax time is something to look forward to.

You no longer have to work to make more money


You no longer have to work to make more moneyPhoto credit: Getty


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