Eight ways to make some Xmas money – fast!

by Rachel Wait on 21 December 2009  |  4 comments
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Christmas is an expensive time of year, so if you’re looking for some quick ways to make some extra money, simply follow these top tips!

Christmas is only days away, but if you're desperate to get your hands on a bit of extra cash fast, here are eight top tips to give you some help!

1) Sell your old mobile phone

If you've got an old, unused mobile phone gathering dust at home, don't just leave it stuck in a draw, trade it in for cash!

Selling old mobile phones is becoming big business and there are stacks of websites out there that will be more than happy to take your old mobile off your hands - such as Mazuma Mobile, Fonebank and Envirofone.

It's well worth shopping around before choosing which website to go with, however, simply because prices can vary considerably. To give you a helping hand with this, you can use comparison sites such as sellmymobile.com and mobilephonerecycling.co.uk. All you have to do is type in your phone make and model and see which website is offering the best deal.

Once you've chosen a deal, all you have to do is send off your phone in a freepost envelope (which the company will send to you) and wait for the cash! You can read more about this in Turn your old mobile phone into cash.

Alternatively, you could see if you get a better offer on eBay.

2) Refer a friend

Many companies now offer deals through which you can earn money if you refer a friend. For example, if you refer a friend to Sky TV, you and your friend will receive £50 worth of M&S vouchers. And if you refer a friend to First Direct, you'll receive £50 cash.

Of course, the only problem with this scenario is that you need to find a friend to refer in the first place - and one that might actually be interested in the deal. So if you think you're going to struggle, check out refermehappy.com which matches potential referrers and 'friends' who are interested in certain offers. You will need to register on the site, but registration is free.

The website lists a range of deals with different ccompanies, so you'll be able to search for companies where you're already a customer. Then all you have to do is state which deal you'd like to refer someone for, and wait for a match. Some companies will allow you to refer more than one friend, so you'll make even more money!

3) Get a new current account

Fancy getting your hands on £100? Well, if you switch your current account to the First Direct 1st Account, that's exactly what you'll receive! What's more, you'll be given another £100 if you choose to leave after six months - although given that First Direct is renowned for its excellent customer service, this is pretty unlikely!

Just be aware that you will need to pay £1,500 into the account each month and you won't receive any interest on the money you keep in the account.

4) Sell your photos

If you're handy with a camera and enjoy taking photographs, why not sell them online?

There are several stock photography agencies which will pay you for your photos on a per-download basis. For example, it's worth looking at websites such as Alamy, where you'll get 60% of each sale, Fotolia and PictureNation.

5) Sell your junk

With Christmas around the corner, why not make room for all your presents and have a clear-out of all those items you no longer need? If you've got a wardrobe full of unworn clothes, or shelves full of unwanted DVDs, why not sell them on eBay or Amazon Marketplace?

It's easy to do and can be a fabulous way to earn a bit of money on the side! You can read more about it in Why eBay is better than Amazon.

6) Get renting

Got a driveway, but no car? Why not rent it out and make some quick cash? Depending on where you live (sought-after areas are obviously worth more), you can earn as much as £210 a week, according to parkatmyhouse.co.uk.

And renting out doesn't just have to be limited to driveways or garages. If you have a spare room, you can earn up to an extra £4,250 a year by renting it out to a lodger!

Spareground.co.uk also allows you to rent out any unused land or storage space.

And don't worry if you don't have any spare space to rent out, because Rentnotbuy allows you to rent out anything from clothing, to kitchen gadgets, to bikes!

7) Sell your skills

If you've got some spare time on your hands, why not sell your skills? If you're a particularly good cook, you can't get enough of cleaning, or you love babysitting, you can advertise your skills for free on jobsgrapevine.

Once you've done that, simply wait for someone to get in touch and you can then work out a rate between you. Easy!

Don't forget that if you're looking for even more ways to boost your income, you can register on lovemoney.com and adopt this goal: Make some extra money. Then, watch this video: How to... save when you've got no money. And finally, why not have a wander over to Q&A and ask other lovemoney.com members for advice?

8) Win £250!

Finally, if you fancy getting your hands on a cheque for £250 and some funky lovemoney.com merchandise, simply take our survey and it could be yours! All registrations must be completed by 3 January 2010 and the draw will take place on 1 February 2010.

More: 10 top ways to get the best return on your cash | 10 things you can get for free this Xmas

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