Make money working from home

By Teena Lyons

Alphabet I If you are housebound, retired or just like the idea of setting your own agenda and working from home, there are loads of ways of bringing in some extra cash.
Woman with laptopWoman with laptop

Step one - Become a man (or woman) of mystery. If you love shopping and like the thrill of being undercover, becoming a mystery shopper might be the part-time job you've been waiting for.

If you love shopping and like the thrill of being undercover, becoming a mystery shopper might be the part-time job you've been waiting for.

Agencies such as www.tnsglobal.com, www.retaileyes.co.uk or www.grassrootsmysteryshopping.com pay up to £30 a day. However, some do pay in vouchers or in goods rather than in cash.

Step two - It pays to talk. OK, we all hate being phoned up on spec by market researchers, but there are ways to reap cash for your opinions.

Online surveys are generally quick and easy to fill out and can pay up to £4 for a few minutes of your time. Log on to www.pureprofile.com, www.valuedopinions.com or www2.pineconeresearch.co.uk for details.

Alternatively, market research groups are prepared to pay up to £50 to people who are willing to spend a couple of hours at a focus group session.

Check your local listings for an agency near you, or try www.sarosresearch.com.

As a note of caution, do not pay middlemen ‘membership fees’ for access to market research firms that conduct paid surveys. You can find those yourself by surfing the web for free.

Step three - Cash for answers. If you are good at web-based research and have a feel for general knowledge, check out www.issuebits.com and www.tesperts.com/opportunities.

These internet businesses make their cash out of customers texting them with random questions. Before you can sign up as a researcher to answer these questions you will have to take a test. Vacancies are not always available, so it is wise to keep an eye on the sites.

You will earn roughly 30p per question, but experienced researchers say many queries can be answered in a few minutes and it is possible to earn good money while only working the hours you chose.

Step four - Become a home-working tycoon. For the really big cash, why not put your previous corporate experience to good use and try solving problems for big businesses?

On offer are literally hundreds of thousands of pounds for aspiring tycoons or boffins who can solve problems from extracting silver from ore in an Argentinian mine or finding a viable site for a new hotel. Log on to www.innocentive.com or www.unlockthevalue.com for more details.

* Teena Lyons views are her own and for general information only. Always seek independent financial advice.

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