Need Money? Try these unique options

Most posts on DC are in response to questions sent in by readers. Keep them coming in and we promise to deliver.

 

HOST FAMILY

You can host a foreign student for about £250 a week. Google is your friend for this one. It is a rewarding experience hosting an international student as you literally open up your doors to a new culture. This one is a symbiotic relationship as you can share new relationships, language and even cuisine. Your home will become the student’s home away from home. This is a good choice for you, if you live anywhere near a college or University.

You can also partner with the International Study Programmes scheme. The student for this programme is in the UK primarily to practise English in real-life situations and thus gain more confidence in speaking the language. You will take them on a couple of sight-seeing adventures so that they learn more about the UK and make new friends. See here for more details.

 

RENT A ROOM

If you know about the “The Rent a Room” scheme, then you know that you don’t pay tax on the first £7,500 that you make each year from renting out the spare room. It will involve you getting in a stranger but if you select carefully, this shouldn’t be too bad. Expect earnings of around £400.

 

FOSTER PARENTING

Foster carers, also known as foster parents, provide a full-time, safe and nurturing family environment, investing time and energy for the wellbeing of a child or young person. The rates below are minimum, most boroughs pay a lot more sometimes even up to £650 a week. The minimum costs for this year as reported by GOV.UK is below. Foster parenting is usually better for those that genuinely love children and all their accompanying antics! Money should not be the only motivation otherwise it will not be enough.

Minimum weekly allowance for foster carers – 2017 to 2018

    Babies     Pre-primary   Primary  11 to 15     16 to 17
London    £144      £147   £165   £187       £219
South East    £138      £142   £158   £179       £211
Rest of the UK    £125      £128   £141   £161       £188

The rates are updated every April.

You could get more if:

  • the child has specific needs
  • you have certain skills
  • you make a particularly large commitment to fostering

See here for more details.

 

TEFL (Teaching English as a Foreign Language)

Get a TEFL qualification and seek out work opportunities from Europe to Far East Asia. This is a good job for someone in between jobs, young people who are not quite ready to settle or in fact anyone. Once again research on google for jobs, they are plenty. You get to go to the sunniest locations ever and you get paid as well. I can just see you now teaching some pupil under the Banyan tree in Indonesia!

“There are two courses to choose from – CertTESOL from Trinity College, London, or CELTA from Cambridge University – but they can be taken in over 80 institutions across the UK. Both can be studied on a full-time basis over the course of 4–5 weeks, or part-time over a year, and will teach you the principles of effective teaching with a range of practical skills and hands-on experience.” For full details see here.

 

CLOTHING ALTERATION OR SEWING SERVICE

You can earn up to £10 doing this. I know a friend who charges £5 for replacing one button!!! Think of all the times one needs to hem a pair of trousers or skirt. You do it free for your kids and family, why not earn some money on the side too. If you want regular work you can partner with local dry cleaners. They will take around 25% of your earnings. This is so worth it as you can do this job from the comfort of your home.

 

RENT OUT UNUSED SPACES IN YOUR HOME

You can earn up to £40 a month renting out your loft, garage or shed. The Storemates website will list your space for free but will take 15% of your monthly rent. All earnings must be declared to the tax man. From April 2017 you will be able to earn up to £1,000 tax-free from your property and this includes renting out your storage space. For more, see here.

 

tbc………

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