With the cost of living soaring at the moment, we could all do with a little extra income. Or if you’ve found yourself with spare time on your hands, you’re maybe wondering how you can turn that time into extra money. For many seeking to make some extra income, working out how to make £100 per week is a good starting point.
Whether you’re saving for a holiday or just looking to top up your savings, I’ve put together a rundown of ideas to earn an extra £100 a week. And the best part? You can do most of these from the comfort of your own home.
I’ve also tried, or still do, many of the items on this list to make extra money. I also offer my view as a Chartered Accountant below with some pointers on tax items to be aware of.
Use the links below to navigate to the different sections, or keep reading for the best ideas on how to make £100 a week.
- Shopify
- Blogging
- YouTube
- Freelancing
- Sell Your Stuff Or Buy And Flip
- Rent Out A Room In Your Home
- How To Make £100 A Week – Other Things To Consider
- How To Make £100 A Week – Final Thoughts
Best Ways To Make An Extra £100 A Week
Shopify
Shopify is a great tool to make your business idea come to life. It’s an online store platform that allows you to easily build your own online shop to sell goods or services.
With Shopify, you can sell homemade crafted items, dropship, sell an online course, or set up your freelancing business. If you already have a store or have products to sell, setting up your eCommerce business with Shopify is a quick way to open your business to a whole new marketplace.
I’ve used Shopify for an ecommerce store that I still run part-time. The Shopify interface is excellent and highly customisable. There’s an online marketplace for both Shopify-made and 3rd party apps that can really accelerate your online store’s capabilities.
There are a number of free and premium themes you can use to kickstart your online store’s design, too. As an accountant, I also find Shopify’s billing, inventory and sales functionality to be easy to navigate with lots of analytics features.
Plus, if you don’t have the products already and don’t want to turn your home into a warehouse, you can try out dropshipping. Dropshipping is where you will run your online store but have a third party take care of storing, packaging and shipping. This means you can put more effort into marketing your business and engaging with potential customers.
Be warned though, dropshipping has become a heavily marketed idea by side hustle “experts” who want to sell you a course on how to do it. I would not be surprised if they often have made more money from selling the courses than they have done from dropshipping. Having said that, dropshipping is a viable business in certain niches, particularly if you have good online marketing skills.
Shopify is great for:
Shopify is great for people who have an idea for an online store or business (or a business already running) but don’t have a platform or the know-how to get started online.
How long will it take me to make £100 a week?
How long it will take to make £100 a week depends on the type of product you sell, the price per item and your marketing skills.
It will probably take a few months to get your shop running seamlessly and learn how to market yourself to prospective buyers. It probably won’t take you quite so long to start generating online sales if you already have an established brick-and-mortar store and brand.
I would highly recommend you spend time putting together a business plan before launching your online store. Shopify does have a 14 day free trial though if you want to play around with it before getting serious.
Blogging
Looking for how to make £100 a week by sharing your view on something you’re passionate about? Blogging could be the perfect side hustle.
There’s a bit of a myth that blogging isn’t as lucrative as it once was, but this isn’t true. The blogging world is undoubtedly more saturated than ten years ago, so there’s more competition. But, if you have a great idea for a blog that will generate traffic, you can have a lot of success.
It’s especially good if you’re an expert on a particular topic, or have a real passion for it. Most readers can tell when someone is writing simply to try to make money when in fact they have no relevant background or knowledge of the topic.
Blogging is great for:
Blogging is great if you’re a good writer or you have a specific passion on a topic that you’d like to write about.
You need to be committed to writing a lot of content that readers will engage with. You don’t need to be a great writer to start one either. Just make sure to have someone proofread your posts to so that it reads well to your target audience.
How long will it take me to make £100 a week?
You will have to be patient to make £100 a week from blogging. Very rarely will a blog see instant success.
You need to work on your site’s search engine optimisation (SEO) and have a lot of content to start generating noticeable income. If you’re working on your blog as a side hustle, you could make £100 a week in around 12 months with continued commitment.
It sounds like a long time, but if you’re dedicated and have a genuine interest in the topic, you can potentially earn good money down the road.
YouTube
We’re all aware of YouTube’s earning potential and know of YouTubers making hundreds of thousands. If may feel like anyone can make money on YouTube, but it’s not easy money.
People with successful channels can spend hours upon hours recording and editing a single video. So, patience is essential. But if you’re creating helpful, informative and entertaining videos you can make a decent income with YouTube.
YouTube videos make money from ad revenue, so you’ll make more money the more popular your videos are. If you build an engaged audience, you can also sell your own products to them in the future. Certain niches are higher paying, such as finance, but are often more competitive.
YouTube is great for:
YouTube is an excellent choice if you’re confident and outgoing, with a great idea for a channel that covers something you’re interested in or have experience of.
Recording and editing videos is also quite technical, so it’ll be easier if you already have skills in this area. But anyone can pick it up with some practice. If you have some money to get started, you can also outsource the video editing to a freelancer.
How long will it take me to make £100 a week?
Again, you won’t see instant success with YouTube. You need to be patient and wait for your channel to become more popular and for your videos to gain a lot of views before you start making £100 a week.
You could start making £100 a week in around 6 months if you’re really committed and make videos in a higher paying niche.
Freelancing
Freelancing is becoming a popular way for businesses to hire workers. They can hire people on an ad-hoc basis when they need them and find professional people who have perfectly honed their craft.
As a freelancer, you can offer writing, graphic design, teaching services or anything else that people will pay for. Many of these examples can be done from home, too.
Freelancing is great for:
Freelancing is great if you’re skilled or experienced at something that people will pay for. This is often servcie-based skills such as marketing, accounting or video editing. You might be working on the side of your full-time job, or maybe you’re just fed up with the 9 to 5 and want to freelance full-time.
It’s the perfect side hustle if you’re looking for flexibility too. Whether you have kids or you’re a student, freelancing certainly gives you the flexibility to work the hours you want to. You can also take on projects when you know you are available to do them.
How long will it take me to make £100 a week?
This will depend on how much time you’re dedicating to freelancing and how niche your craft is.
If you’re starting out and doing it part-time, it can take between 6-12 months to start making good money, but you can earn this much faster if you’re in a lucrative niche and have the right skills.
For example, as a chartered accountant I could charge £100 per hour for the right client. But you may find you have to charge lower prices at the start to get your name out there and get good reviews. But soon, you can set your own prices and start making £100 a week.
Sell your stuff or buy and flip
The average British adult has around £1,600 worth of unused items. I bet you can already think of a few things you could do without, right?
You can sell your stuff super easily on eBay or Gumtree and make money with minimal effort. Plus, it’s a great way to de-clutter your house and make room for the things that matter to you, and that you actually use.
You can also make money by buying, flipping and selling second-hand goods. You’ll need to spend a while sifting through thrift shops to find stuff you can upsell, but you can make pretty good money this way.
I know of a couple in Canada who used to do this as a side hustle. Eventually they had developed a network of thrift shops and recycling centres who would bulk sell them goods which they would then sell on individually. They were then able to quit their jobs and make very good money doing this full time.
Selling or flipping is great for:
If you’re crafty or have an eye for a bargain, this is an excellent way for you to make £100 a week. It also helps to have a bit of a marketing flair to sell your products quickly for a good price.
Plus, since people will be buying these products based on a photograph, having strong photography skills will be a big plus.
How long will it take me to make £100 a week?
This will depend on the quality of the products you’re selling, what the products are and how much effort you put into flipping them. You’ll probably need to sell a lot to make money this way. But selling unused stuff from your house can be a quick cash injection and has the extra benefit of decluttering.
Rent Out A Room In Your Home
This one isn’t strictly speaking an online venture and requires that you have a spare room, and that you’d be willing to rent it out to a potential stranger.
But, using some crude maths and data from the ONS, there are up to 28 million spare rooms across the UK. If you live in a home you own and have a spare room, you may want to shift your thinking towards viewing your house as an asset that is ripe for generating some extra income.
You can take in a lodger and charge them rent for living in your home. An added bonus is that the first £7,500 of rental income from a spare (furnished) room each year is tax-free.
Renting a Room is Great For:
Those with a spare room at home that they have permission to rent out, and those who would also be comfortable allowing a stranger to live with them.
You may prefer finding a member of your extended family and friends who needs somewhere to stay if you don’t like the idea of a total stranger living with you.
How Long Will It Take Me To Make £100 a Week?
Very quickly if you have a spare room that’s ready to be rented out. You could quite easily start receiving rental income within a month or two of deciding to list your spare room.
How To Make £100 A Week – Other Things To Consider
Trying to make an extra £100 a week on top of a full-time job, studying or raising kids isn’t as easy as some people make it seem. It’s a huge commitment that you’ll seriously need to consider.
You will have to make changes to your lifestyle to find the extra time. But it’s extremely important to give yourself some time off to recharge. Trying to be productive at every moment of the day will lead to burnout. Many of us have been there, and we know that it’s not good for your wellbeing.
Make sure to make time for your friends and family and take time to do the things you love and find relaxing. This will result in you feeling more energised and happier, and the time you put into your work will be way more productive than if you have tried to work for 18 hours straight.
The best way to make £100 a week extra income is to try to find something you’re passionate about that you can monetise. Hopefully the ideas above will give you some inspiration and you can combine them with your passion.
If you do start earning extra income, even if it’s just £100 a week, you should consider your tax situation. Any income earned in addition to your salary may be subject to income and other taxes, so alway seek advice from a tax professional if you’re unsure. You can usually reclaim tax on any expenses you incur, so make sure to keep records of any extra purchases or travel you undertake when trying out new ways of making £100 a week.
How To Make £100 A Week – Final Thoughts
You will find some ways of how to make £100 a week will be more lucrative than others. You might also find you don’t enjoy what you’ve chosen.
It’s important to recognise when it’s time to change direction or when you’ve just hit a bump in the road. Many people will give up on the first hurdle, but most of these methods require time and patience to be successful. So if you’re prepared to make a big commitment, you can find success and you may start to earn an extra £100 a week sooner than you expect.
