The most obvious way to make money from your home is to let out space in it. The most obvious way, however, isn’t always the best one. In fact, it isn’t always even possible. Fewer and fewer people have extra space in their home, especially if they’re working from home. With that in mind, here are some alternative suggestions.
Your attic
Starting from the top, attics are usually junk rooms. If that sounds like you then it’s time to clean out the junk. If you’re looking to make money, then ideally you’ll sell it. If you can’t do that, then try donating it and claiming gift aid. This can get you a discount on your tax. If you can’t do either of that, clear it out anyway. Once you have the space clear, make sure it’s as well insulated as it can be.
Your kitchen
Businesses that make foods to sell are very highly regulated. For completeness, this includes pet foods. You can, however, use your own kitchen to give cooking demonstrations and lessons. You can also use it to create social media content related to food and/or drink.
If you can build up a decent following, then there are lots of ways you can earn an income from it. For example, you could sell your own products or services. You could refer your followers to other people’s products or services. This might earn you a one-time fee and/or affiliate income.
This sector is competitive. That means you should be prepared to work hard to build your following. It is, however, very definitely a viable option.
Your bathroom
Make the most of your private time by filling in surveys and/or entering free, online competitions. Neither is likely to make you a lot of money but then neither is going to take a lot of effort either. In any case, it’s different from reading and doing crosswords.
Your living room
Now that COVID restrictions are essentially over, your living room can once again be a place you can have guests. That means you can host parties, specifically sales parties. If you haven’t heard of these, they’re exactly what they sound like. You have a group of people around at your home, run a regular party and then invite them to buy goods and/or services.
Sales parties have been around for literally decades. They went out of fashion for a while. At first, this was because of the internet. Then, of course, there was COVID. Now, however, they are well and truly back. There are loads of companies you can partner with. Alternatively, you can sell your own products or services.
For completeness, if you do have culinary skills, then this is a great opportunity to showcase them. The laws on selling food don’t apply here because you’re not selling it. You’re giving it away for free. People may or may not then buy something else you are selling.
Bedroom
Not a spare one, just a regular one. Bedrooms can be great places for growing plants. There’s usually a decent amount of light and they tend to get peace and quiet. In other words, they’re not going to get bumped or have drinks spilt on them the way they can in other parts of the home.
Plants really can be the gift that keeps on giving. You take cuttings of them, sell them and then they grow back. Many plant lovers are happy to pay for plants they know have been well looked after and are healthy. If you are really green-fingered, you could try growing more challenging plants that can have a higher value.
Spare bedroom
For completeness, if you have a spare bedroom then you can make money out of it by letting it out. The Rent-a-Room scheme may be a useful reference. Do, however, think carefully about all the practicalities and legalities of this.
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