If you are unable to work because of an injury, it can be incredibly frustrating. This is especially the case if you are self-employed and, therefore, your injury means that you are not going to have any money coming in. This can be an exceptionally worrying time for anyone, especially if you do not have income protection in place. But, all hope is not lost, as there are numerous side-gigs you can embrace to earn a bit of extra cash during your recovery. Read on to discover some suggestions.
Sick pay – There is only one place to begin, and this is by making sure you get the sick pay you are entitled to. You should read this statutory sick pay guide so that you can get a better understanding regarding legal requirements and what you could be entitled to. Read your employment contract, as this should state your employer’s position should you need to take time off work due to an illness or injury. The last thing you want to do is miss out on money you are entitled to simply because you haven’t taken the time to check the terms and conditions of your work agreement.
Rent out your driveway – If you live in a busy area, whereby there are a lot of businesses, it could be a good idea to start renting out your driveway – if you don’t have a vehicle parked there already, of course. You are bound to find plenty of professionals that would love the opportunity to park their vehicle in the same place every day. Plus, they will feel more secure leaving their car at a residential address. This is a great way to make some money with minimal effort. Nevertheless, do note that you are only going to be able to rent out your parking space if it is part of your property. You cannot rent out a space on the road, as this is the property of the council and you could find yourself in a bit of trouble by doing so.
Turn your creative hobby into a money earner – Do you have a creative hobby? Perhaps you enjoy drawing or painting? Maybe you make your own clothes or crafts? No matter what applies, if you have a creative passion, now would be a good time to consider turning it into a money earner. After all, you are likely to have plenty of time on your hands, and there is no time like the present to make your hobby a business. Consider setting up a website and selling your items online. The start-up costs associated with this shouldn’t be too great, especially if you already have the supplies and most of the things you need.
Take up matched betting – Matched betting is not betting in the traditional sense. In fact, it does not involve gambling at all. This is an approach that involves using the free bets and promotions that are offered by bookmakers to return a guaranteed profit. You can find out more about how matched betting works in this guide. You don’t need a huge pool of money to start matched betting, although the more you have, the quicker you will build up your profits. Nevertheless, it is important to go at your own pace. Matched betting is risk-free, but only if you do it correctly. Moreover, it is advisable to set up a separate bank account for your matched betting efforts. This is because a lot of withdrawals and deposits to bookmakers doesn’t exactly look good on your bank statements, and it could have a negative impact on your chances of securing a mortgage.
Consider making a compensation claim – If you have been injured due to an accident that was not your fault, you should definitely think about making a claim for compensation. In most cases, the accident must have occurred within the past three years, which should certainly apply to your case. Aside from this, you must have seen a medical professional for your injuries, and you must be able to show that someone else was to blame for the accident you were involved in. It is important to note that a compensation claim is unlikely to provide you with immediate cash. However, you certainly won’t want to miss out on money you’re entitled to.
Start freelancing – One of the best ways to make money from the comfort of your own home is to start freelancing. There are many freelancing opportunities available today. After all, companies are more open to hiring remote workers for tasks such as admin work, content writing, marketing, and design. If you have skills in any of these areas, you should be able to pick up a couple of jobs online while you recover from your injuries.
Sell things online – Last but not least, another way to make some money while you are injured and unable to work is to sell some of your belongings. Go through your home and look for things that you don’t use. If you have a number of items or garments that are of good quality and you don’t use them, you should consider selling them online. Of course, eBay is the obvious choice for this, but there are a number of other selling platforms you can make the most of too. This includes specialist websites for specific items, for example, you can sell old games at the likes of Momox, GAME, and Music Magpie.
So there you have it: some of the best ways to earn some extra cash while you are side-lined with an injury and unable to work. If you follow the advice that has been provided above, you should be able to ensure you have some money coming in that can tick you over until you can return to work.