If you are employed and pregnant, you are entitled to 52 weeks (1 year) of maternity leave in the UK, no matter how long you've worked for your employer. This is made up of 26 weeks of ordinary maternity leave and 26 weeks of additional maternity leave. The way this is paid varies by employer and maternity plan is in place. For more information check out the maternity section on the gov.uk website.
Maternity leave is a great time to plan and prepare for your new arrival, but it’s even better if you are able to use that free time to earn some additional income. In the event you earn income from these methods and depending on your current employment situation, you might need to report them to the tax office.
Check out this article on some of the easiest and stress free ways you can earn more during maternity leave;
Of course this is our number one! Matched betting (also known as back or lay bet matching, arb betting, or double betting) is a betting strategy that allows users to profit from bookmaker promotions such as free bets and incentives.
When the stake is returned, a typical return for a matched bet is 85 percent or more of the free bet offer amount, and 70 percent or more when the stake is not returned.
This is an ideal activity to undertake while on maternity leave as it can be done in the comfort of your own home in whatever time you have spare.
You should be able to make between £10 and £30 per hour of Matched Betting. So, if your monthly earning goal is £200 /pm, for example, you could look at dedicating about 5 hours per week at least. As Matched Betting requires the use of bookmakers, you can earn extra tax-free cash each month!
It's possible to make money while on maternity leave by using cashback websites and online surveys. Normally, they won't add much to your income, but occasionally, you might get paid in gift cards for stores.
Monetise Your Hobbies
You can use your hobbies to earn money while on maternity leave if they have that potential. Numerous hobbies, ranging from making jewellery to baking cakes, can increase your income. You could also work as a freelancer in your spare time if you have a particular skill set. Just be mindful of any tax repercussions if you're making a lot of money.
Leaving a forgotten phone in a drawer? What about that dress you've only ever worn one time? Look through your cabinets to see what you might be able to sell to make some money while you are on maternity leave. You might be able to make some extra money by selling your unwanted items at a car boot sale, an online marketplace or a social media marketplace.
Start A Business
Not as easy as it sounds and often highly stressful, but arguably the best way of earning extra money. It falls into the above ‘Monetise Your Hobbies’ section, but your business doesn’t have to be a hobby.
You could utilise your understanding of a particular industry you’ve been working in for years and develop a product or service that fits it perfectly. You might have also found a product that isn’t readily available in your country. There are many site builders out there to easily get your store online.
Have you found any great ways to make money while on maternity leave? Let us know.
Are you ready to increase your cash earnings through Matched Betting?
Matched betting involves the process of taking advantage of bookmakers sign up offers. Here at Profit Accumulator, we’ve found 100s of free bet offers from our partners, ranging from £5 to £100 in value and each with step-by-step, easy to follow instructions on how you can profit.