If you have recently moved to the UK or planning to move soon, the foremost thought would be, 'How do I ensure additional income' apart from the regular income from employment or business or services.
One of the prime reasons why people move to the UK is the fact it has enormous opportunities who want to work and earn and do something with their lives. This can be established from UK employment rate, which stands at a very healthy 90-95%. Better than the US. Recession did have an impact and the employment rate go down by 2-5%.
Surveys: Participate in research surveys or online surveys. Physical surveys can offer as much as £50 for 2-3 hours where you may be needed to answer questions or review a product. Check out www.gumtree.com, which happens to be one of the most reliable and free advertisement medium for UK.
Odd-jobs: There are quite a lot of small part-time jobs available which offers handsome pay, vis-a-vis event promoters, Charity collectors etc.
Cashback Websites: Most of the websites offer cashback for shopping online each time you shop, which otherwise you won't if you had visited a high street shop. e.g. cashback.co.uk, e.g. quidco.com
Tesco Vouchers: When you spend in Tesco you earn double points. A £ spent earns you 2 points, in addition to that you can save on by re-using the Tesco, 'green' carrier bags ( which earns you a point). The points are redeemed and Tesco sends you money off vouchers in lieu, every 3 months, once you cross 1000 points. These vouches can then be used in Tesco to buy your usual groceries.
A move ticket can cost anywhere between £5 to £10, you can get redeem your Tesco vouchers for movie tickets, valid on all days and for all shows across cinemas in the UK. This you can get for as little as for a £3 voucher. ( That's a cool saving of £7 , if you plan to see a movie after 5PM or on a weekend in Cineworld cinemas)
Subscribe to sites like cashback.co.uk & quidco.com, and make all your purchases through them, which will help you earn cashback in all your transactions, from grocery shopping to getting a mobile on contract ( offering a cashback of as high as £90) or even taking a loan/credit card.
If you ever want a loan in the UK, you need to ensure you have resided in the UK for at least 3 years. Every thing that you take on credit in the UK, is based on your credit rating.
Tips of increasing your credit rating in the UK:
1) Pay your bills, or honour your direct debits on time each time.
2) Within the first 3 year period do not apply for any kind of loan or credit card ( as anyways you will not be eligible but your score will go down for having applied for the loan and then getting refused.
3) Taking a for house or mortgage, try and contribute at least 11% or more, which makes your application look genuine and have a higher chance of loan getting approved.
4) Ensure enrolment to voters's list, which indicates how responsible a citizen you are. You can check this by checking with your local council.
