How To Make Money On Maternity Leave
30 Nov 2022
Updated: 24 Feb 2023
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 that 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 any free time you have to increase the spare cash you have for spending each month.
Check out this article on some of the easiest and stress-free ways you can bulk up your purse 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.
In brief - when the stake is returned on a free bet, a typical return by Matched Betting it is 85 percent or more of the free bet offer amount. In the cash of a stake no returned free bet, the typical return through Matched Betting is 70-80% of the free bet amount.
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 between catching up on your lost sleep!
It is very possible to make between £10 and £30 per hour Matched Betting - especially once you build up your experience and the Matched Betting bankroll (or cash float) that you have available. As Matched Betting requires the use of bookmakers, any profit made is also completely tax-free!
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 the spare cash you have each month on maternity leave with Matched Betting?
Matched betting involves the process of taking advantage of bookmakers sign up offers. Here at Outplayed, we’ve found 100's of free bet offers from the bookmakers, ranging from £5 to £80 in value. Every offer has a step-by-step, easy to follow instructions on how you can profit.
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WANT TO SEE WHAT'S POSSIBLE WITH MATCHED BETTING?
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How to start Matched Betting with Outplayed
When Matched Betting with OUTPLAYED.com, as long as you follow the guides, you can’t lose, only profit. Matched Betting is not an alternative to employment or a solution to financial concerns. Profits can vary dramatically based on time and effort.