Here we are in October, with just over ten weeks (eek!) until we need to make our little ones believe that Santa Claus has just popped down the chimney to drop off some presents. If only that were true but the reality for most parents is that it’s a very costly time of year. We are all looking for ways of making extra money for Christmas and I have found a workable solution.
Being a work at home parent has opened up a whole new set of possibilities for me. I’ve learned that there are quite a few ways that you can make money online. However, much of this is tedious and doesn’t pay very well. One new thing that I’ve been trying out recently and quite enjoying is matched betting.
The beauty of matched betting is that it can be done in your spare time. “What spare time?” I hear you cry. True, but if you were able to free up half an hour or so each day, then you could earn up to and beyond £500 per month. I imagine that’s a considerable amount of cash to most people and well worth sacrificing such a small amount of time for.
The basic principle is to turn bookmaker offers into cash. Some fairly complex working out is needed for this but luckily there’s a great site to help you here. I did my research into which service is best and took the free trial at www.matchedbets.com. They provided all of the training and were really helpful. The website is simple enough to use and explains how to do everything. I made just over £50 from the trial and it was super-easy, so decided to go premium and haven’t looked back.
I should probably say at this point that you will need around £100 to get started but don’t let that put you off. I hadn’t placed an online bet before and was able to turn my starting bank into over £600 in my first month. And that was only doing it every other day, so it’s possible to make a lot more. Another positive is that any money you make from doing this is considered to be prize winnings and is therefore tax-free.
I’ve now got matched betting as part of my daily routine and have been using it to save for Christmas. It’s money that we wouldn’t otherwise have and is definitely going to come in handy. In the new year, I’ll probably switch to using my earnings to save for a summer holiday.
I have hardly noticed an impact on my day to day life but am certainly feeling the benefits. Would this suit your lifestyle and could it work for you?
This is a guest post.