20 y/o looking for new revenue streams

hcmay

I am a 20 y/o trainee accountant, I work 9-5 and earn a good wage from doing so.

I have other income through a fixed rate bond, a cash ISA and a stocks/shares ISA, as well as making small profits via sports betting.

However, I would like to find alternative revenue streams that can be earned passively or during out of business hours. I am willing to explore any options, within reason, and would welcome any advice, tips or suggestions you may have.

elephantrosie

me too. give me ideas!!!

at 20, i would concentrate on self-investing. build that new skill!

Browntoa

Ignore any PMs on here offering MLM selling schemes for a start

That's my suggestion

DBlenks90

As an accountant, you could also set up a freelance consulting firm on the side. Check out Upwork or Freelancer.com

Other options? Start an online business. Invest in real estate. The possibilities are endless!

JamesCR

If you make money by betting on sports and know your way around Betfair then look into matched betting. It's a great income booster. I made about £350 a month (some claim they make £1000+ a month but I cherry pick the easier offers) at one point but now i've been banned from offers on several accounts I make about £200 a month. I'm quite a low earner so it's been a great boost. I pay £17.99 a month to a service to get access to offers all on one database. They have details on how to do sign up offers etc. I won't name them unless you ask as I don't have many posts here under my belt and I don't want people thinking i'm connected to them! There are 2-3 good services though so a quick google of reviews should help you pick one if you decide to give it a go.

There is an excellent guide which can be found by googling save the student matched betting.

Finally the obligatory warning that matched betting is dangerous unless you are fully clued up about how it works and how the exchanges work. I'm sure from your post you know what you're doing but just wanted to make it clear that it's a great earner in the right hands and dangerous in the wrong hands.

Good luck.

makemesumdosh

i agree,

matched betting is a good source of income.

should be a doddle if you've placed bets before.

just spend some time read the threads and cherry pick the easy 1 x turnover bookies first

hendryap

maybe you can try spark profit, this is trading site. The good thing is you don't need to invest money to earn in spark profit. You'll get 60000 point as a bonus when you joined the site that can be used to started trading.