The Ultimate Side Hustle

Top seven tips on thriving during the cost of living crisis by turning renting into your ultimate side hustle 

Skip reading & start your side hustle now

For millions of people in the UK, rising costs in necessities such as fuel, food, and clothing are causing a real crisis.

More and more of us are looking for ways to earn extra money to make ends meet – and the good news is that you can boost your income and generate extra cash from stuff you already have in the house.  

Traditionally, when times are hard, we get an extra job, working evenings or weekends to supplement our income.

Now technology has provided an easier answer - and it’s right there in your kitchen cupboards, garden sheds and bedrooms! 

We’re already familiar with hiring out things from other people. Ever stayed in an Airbnb, a holiday cottage or rented a car? Now, you can become the one who hires out your assets – and watch the pounds roll in.

Here’s some ideas so you can turn renting your belongings into the ultimate side hustle: 

1.Make money sharing your car

With KarShare, you can put your car to work and earn £650+ a month by renting out your car whenever it's not in use. “Car sharing enables car owners to rent out their vehicles to nearby renters in exchange for money,” reads the website. “Think of it like Airbnb for cars.

“It’s a great way to earn extra income whenever your vehicle is not in use. Our keyless technology allows renters to book and unlock your car without you having to lift a finger.”

Visit www.karshare.com to find out more.

2.Hire out your motorhome

You might only be able to escape in your motorhome in school holidays or the odd weekend… so why not make money on it while you’re not using it?

Yescapa lets you make your motorhome profitable when you're not using it – and promises a way to list it for hire worry-free thanks to the “most secure insurance on the market”.

Visit www.yescapa.co.uk for more info.

3.Earn money from your wardrobe

“We're changing the way fashion is done from the ground up, starting with the clothes already in our wardrobes - it’s a fashion rental revolution,” say the team behind Loanhood, the fashion rental app that allows you to earn money from your clothes. Using the new platform, you can upload and loan out your wardrobe to earn money. And what’s more, those who loan out the most items get awarded with cash prizes. What’s not to love?! 

Find out more at www.loanhood.com

4.Claw back cash from your designer purchases

Do you adore luxury brands and have enjoyed spending thousands on acquiring the best bags, accessories and couture chic – but could now do with some of that cash back in your bank account? HURR has the answer. Listing your items on HURR is both easy and free to do - you can list and manage your wardrobe yourself. Just make sure your item is on their Designers List, less than two years old and has a retail price of more than £120.

Read more at www.hurrcollective.com

5.From green spaces to the colour of money

Do you have a garden or outdoor space? Then you could start earning cash by letting someone else tend to it. That’s right – AllotMe matches those with available outdoor spaces with people seeking somewhere to grow their own flowers and vegetables.

Gardening flourished during the Covid-19 pandemic, and interest in growing your own veg has heightened due to the cost of living crisis. But with many people living in cities or having no access to a garden, the team at AllotMe are offering ‘greenfingers’ the chance to rent plots in just a few clicks. 

Visit www.allotme.co.uk to find out how you could start making money from your garden.

6.Boost your bank balance through your DIY and hobby equipment 

Do you have a garage full of DIY equipment that sits idle until that one Bank Holiday when you finally decide to tackle those jobs round the house? Put it to work when you’re not using it, and it could be making money the rest of the time. Angle grinders, log splitters and circular saws, pressure washers, weed burners – you can rent them all on RentMy, the online platform dubbed the Airbnb of everything.

And the same goes for all the other things cluttering up your garage or cupboards… sports items, baking equipment, photography accessories. If you have a hobby that requires ‘stuff’, you can rent your items out with RentMy and start earning money from them.

Go to www.rentmy.com to find out how.

Sign Up & Get Listing

7.Rent out your ride

Spinlister is a bike rental and sharing service that provides a platform to connect bike owners with active people looking to rent or borrow around the world. Owners list their bikes, renters search for a bike in whatever area they want, and complete the rental process easily through the website, mobile app, or in-store kiosks. Spinlister offers various protection options and delivery services to make everyone happy.

Find out more at www.spinlister.com