Household boosts income by using technology to make £1,000 extra a year during cost of living crisis
Families are using technology to earn an extra £1,000 a year to help boost incomes during the cost of living crisis.
Research by mobile network provider EE shows the average household earns £910 a year through apps and technology to generate extra cash.
Half of UK households say they use innovative ways to help them cope with the rising cost of living, with TV viewing and market research being the most popular, with more than 10% of respondents doing so.
With dog ownership surging during the pandemic, households are now discovering that pets can provide extra income, with 4% of households “renting out” their dogs to walk lonely or stressed people.
Other ways people use their phones to earn cash include selling photos of sunsets, getting paid for reaching milestones in online games, and taxi lanes and vacant rooms
Depop, an app where users can sell second-hand clothes, recently revealed that 18- to 35-year-olds earn an average of £350 a year selling unused clothes
Other ways people use their phones to earn cash include selling photos of sunsets, getting paid for reaching milestones in online games, and taxi lanes and spare rooms.
People in Glasgow were most likely to practice “technoeconomics”, followed by those in Birmingham and London, the research found.
Smartphone users also buy and sell clothes through apps to earn extra income.
Depop, an app where users can sell second-hand clothes, recently revealed that 18- to 35-year-olds earn an average of £350 a year selling clothes they don’t have in their wardrobes.
Sharon Meadows, EE’s director of broadband and mobile, said: “Getting through tough times starts at home by extracting value from every connection in the home.”
