Side Hustles, I have no idea.

adamm82

I'm not a business man, I earn about my level in my current career it's never going to increase. my skills are what they are nothing really specialised. But I am getting older.

Quite simply I want more money. I save as much as I can each month but it's not enough.

A search on the internet to make money will soon remove you of money and the 
endless articles about how to 'rent out your spare room' 'rent out your car parking space' 'sell your cd's' load of rubbish.

Share your secrets. 

CabbageCat

adamm82 said:

Quite simply I want more money. I save as much as I can each month but it's not enough.

Not enough for what? Will it ever be enough?

It might be easier to readjust your ambition or expectation than to make more money. That said, if you enjoy the money-making process, good luck to you.

Are  you in an industry where you have bosses and the bosses have bosses? If so then maybe make it known that you are interested in climbing the ladder.

adamm82

Yep I work in the business travel industry for a big american company.
I have done my part to impress, though I haven't been here long, I am 35 now and start to feeling a bit old and running out of time. I don't want to be one of the people in my office who are doing the same job I am doing and are bitter and nearly retiring. 

However I don't have enough money in the bank for a deposit to buy a home and I want to buy more guitars and have more time to myself. Ideally I would like an extra £500-600 coming in a month. 

Alternatively I am considering to move Italy where I can have a much quieter life and have more spare time, forget the 'rat race' I could live much more comfortably on a lower salary there. 

We already have a flat there that we own that is ready to move to. But before I go I need to pay off some bills.

rossyamaha

So aside from the usual make ore money by doing other jobs if time allows of course, I would suggest the following. 

Do you gig? If not do it. Doesn't even matter what level you are at, you can get in a band, gig and earn money. 

You say your skillset is what it is and is nothing specialised? Why not take that, say to yourself you will learn more and either add more skills or improve the ones you have and have something that your are really good at. Show some enthusiasm at work or step up the game and make yourself known to the people who should know you. If they don't know you exist, you aint going anywhere. Show initiative, show determination and show them that you want to earn more money. What that looks like depends on your expectations. There are jobs that have a ceiling. If you are at that, look for something else. 

The other option is to make opportunities to make money from something you love doing. If thats knitting, set up a knitting company, start with a Facebook page and get everyone to share it. 

The options really are endless but you have to want to do it, not just think about what if. 

fretmeister

I perform magic. Mostly at kids parties, but occasionally at dinner party and award type events.

octatonic

Invest in property.

adamm82

octatonic said:

Invest in property.

I don't have the money to do so unfortunately 

octatonic

adamm82 said:

octatonic said:

Invest in property.

I don't have the money to do so unfortunately 

Neither did we- there is often a way though.

I'm not going to what we did but lets say that sometimes people finance house deposits with personal loans.
You might pay 10% interest on that amount but if the capital growth on the whole amount is better than, say 5%, then you won't have lost money in the long term.
Once you have one it is much easier to get a second BTL and then a third, and so on.

ESBlonde

You have a flat in Italy? Rent it out.

adamm82 said:

We already have a flat there that we own that is ready to move to. But before I go I need to pay off some bills.

In two years that will net you a tidy sum but you'll have to pay for your holidays in the meantime, that may not be too expensive given your trade.

There are plenty of people that change lifestyles (spending) so they live well within thier means and clear debts or make savings over 2-5 years and then live mortgage free of cheaply without being slaves to the man.

Car booting, ebay trading, guitar lessons, evening waiting/bar work, set up a side line offering travel services to private clients. You mention 'We' so do you have children? what could your partner contribute to the scheme too. If you each did two nights bar work a week that would net you a steady income boost in the short term, set a goal and go for it.
35 is not at all old (trust me on this) but doing nothing will leave you old bitter and twisted, so do something positive now!

Chalky

Both can be difficult, but for the majority of people it is far easier to cut spending than increase earning.

(Most of the classic How To Get Rich books have this as their core message).

ESBlonde

Another thought, if you have no family commitments why not take your holidays together and work as temp landlords/cover for publicans (there are agencies that provide this service). That way you get a change of scenery, meet different people and your weeks holiday is profitable, you might need to both take holiday/leave at relatively short notice to maximise opportunities.

Bygone_Tones

Look for things you can invest your savings into, so that they are not just sitting in the bank but working for you and multiplying.

Also live as frugally as you can and set budgets for yourself, then you can invest the rest and multiply it.

To invest wisely I think you need to invest in things you know about. So guitars might be a good one to start with and is a good excuse to the other half why you are building up a collection Just make sure you are making good margins on any that you sell. You can lose big money investing in things you dont know anything about.
 
Also you wont get more money by having more time off. Rich people dont sit on their arses all day, they usually work 80 to 100 hour weeks or more. The key is to find what really fulfills you and spend your life doing it. So you are not viewing it as "boring work" but it's your passion in life. Look at any successful entrepreneur and that is exactly what they are doing, the money is not the focus, its a side benefit of doing what they love.

These are some good books I can recommend (not that Im rich myself but I'm learning):

https://www.amazon.co.uk/d/Books/Richest-Man-Babylon-George-S-Clason/0451205367/ref=sr_1_2?ie=UTF8&qid=1500637138&sr=8-2&keywords=richest+man+in+babylon

https://www.amazon.co.uk/Millionaire-Next-Door-Surprising-Americas/dp/1589795474/ref=sr_1_1?ie=UTF8&qid=1500637178&sr=8-1&keywords=the+millionaire+next+door

https://www.amazon.co.uk/d/Books/Smart-People-Make-Money-Mistakes-Correct-Them/1439163367/ref=sr_1_2?ie=UTF8&qid=1500637219&sr=8-2&keywords=why+smart+people+make+big+money+mistakes

Iamnobody

If you want to make a few grand to pay off debts quickly - have a look into matched betting.

Budgie

Edited (again) for being somewhat dickish.

RobDavies

We'd all like a bit more money every month, I guess.

I've learned that I'll never be rich but I am content.  I earn reasonably well, have a decent house but two crap cars.  I have a nice holiday every two years as the sort of holiday I like is too expensive to have every year.  As long as I get to go to football on a Saturday and a gig every month or so, I'm happy.  I tried making some more dosh with the KaBL thing but to earn enough money to make it worthwhile was properly hard work.... and then there's HMRC to consider.

I suppose what I'm trying to say is that in virtually everyone's life, there has to be some compromises..... I could have a nice car if I didn't go to football... I could have a holiday every year if I didn't go to gigs....etc.

Find what's most important to you and concentrate on that.....

maltingsaudio

The bit I'm not getting is the flat in Italy and the place you live in wherever you are which I assume isn't Italy. Sorry but I am a lot older than you and could never afford to keep two places. I think you need to take stock of what you have and what it is you want.

adamm82

My wife is Italian and the place was extremely cheap but bought off of a family member, Unfortunately there is not a huge demand in the area for renting  we have the odd airbnb booking but noting steady. Brother in law is looking at the place and the costs are minimal. We wanted a place to own so we can go there at anytime. we know we have a place whatever happens plus could be good for retirement or maybe even sooner. 

axisus

adamm82 said:

Alternatively I am considering to move Italy where I can have a much quieter life and have more spare time, forget the 'rat race' I could live much more comfortably on a lower salary there. 

I'd be buying my ticket yesterday

menamestom

35 is young enough to do what you want.

Owning a flat in Italy when you live in England at 35 is a very good achievement.

Best way to earn a bit of extra cash like others have said, gigging, guitar lessons buying and selling etc.

Rickyd

axisus said:

adamm82 said:

Alternatively I am considering to move Italy where I can have a much quieter life and have more spare time, forget the 'rat race' I could live much more comfortably on a lower salary there. 

I'd be buying my ticket yesterday

This. Wife and I are seriously looking into a move there for retirement, love the place and she speaks a bit of the lingo.

guitarmangler

Renting a spare room in your house ? Earn up to 7k a year tax free.