Michelle and Liz are joined in this episode by guest ‘Miss Moneysaver’ Jasmine Birtles, a Daily Mail columnist, author, money expert and director of not one but three companies! Jasmine is also the founder and editor of one of the best-known money-making websites MoneyMagpie.com; the go-to site for information and advice on making and saving money day-to-day.

Jasmine, Michelle and Liz talk about a variety of unique and creative ways you can make money in the current economic crisis, offering their own experiences and advice. Jasmine particularly focuses on sharing ways you can earn cash with little or no cost upfront with what you already have and also reveals the strangest money-making ways she has come across!

KEY TAKEAWAYS 

• When Jasmine set up moneymagpie.com, no one was talking about ways to make a bit of extra money on the side. As a freelancer, she had been finding creative ways to make money for most of her life.
• Dog walking is a great way to make some extra cash that doesn’t cost much to set up and has health benefits too.
• For empty nesters, letting out a spare room is a simple but effective way to bring in a significant amount of cash each month. There are a variety of ways you can utilise your spare room, from Airbnb to a full-time lodger to foreign exchange students.
• Childcare jobs offer unique opportunities to make money, you can pick up a few hours of babysitting or set up as a childminder or even train to become a doula to help birthing mothers.
• Jasmine has come across some very controversial ways to make money in her time, including selling knickers online but also those who make thousands of money from selling their stool!
• You can make around 2k a day from letting TV and film studios use your home as a set! You don’t even have to have an extravagant house to do this.
• If you have a creative flare, you can make a significant amount on Etsy but bear in mind after you have made a 1k profit you need to declare it.
• You can declutter and make cash at the same time by using apps and sites such as Vinted and eBay as well as an old-fashioned British boot sale!

BEST MOMENTS 

“If you’re struggling at the moment and you have a room, rent it out, number 1”

“How to make money selling your knickers!”

“It’s all about thinking outside of the box”

“If you have the knowledge then you can use a small amount of money to beget money”

EPISODE RESOURCES

Money Magpie

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