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Making a bit on the side.

PEOPLE hoping to earn money from home are most likely to set up an online business, buying and selling items on sites such as eBay and Gumtree.

That's according to research from GoCompare, which found that more than a third (37 per cent) of us have attempted to earn extra cash from home.

The second most popular option for budding money-makers was taking in a lodger, while in a third it was the eco-friendly option of installing solar panels to cut bills and earn an income from the feed-in tariffs.

Making and selling crafts was next up, followed by the divisive option of hosting a product party, such as for Ann Summers or Pampered Chef.

Other options to earn extra cash included looking after other people's pets while they are away, and selling their pics to stock photo websites and image libraries.

Sadly, most who attempt to build a money-earner on the side have limited success, earning just PS85 per month on average, according to GoCompare. An unfortunate one in ten said their ventures actually cost them more money than they made, while a fifth just broke even.

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Publication:Coventry Evening Telegraph (England)
Date:Aug 5, 2015
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