MoneyMagpie

Nov 15

7 Ways to make money from your holiday

If you’ve been avoiding that much-needed vacation due to the gaping hole it will leave in your pocket at the end, it’s time to reconsider.

Firstly, taking a proper break every now and then does wonders for productivity, which means you’ll be able to put a lot more energy into earning your living when you get back.

Second, and more importantly, if you’re willing to try something a little different, you can actually make money from your holiday!

Here are seven simple ways to do just that:

 

IQPlanner

IQPlanner banner

Do you take pride in your exceptional holiday planning capabilities? Well, now you can share your talent with the world and earn while at it… without having to become a full time travel agent.

Online trip planning platform, IQPlanner, allows users to upload their unique itineraries in an effort to inspire others to book similar holidays and get paid for every click.

When posted on social media, you will also add to your earnings for every share and like.

According to Katy Clarke from Untold Morsels, one of IQPlanner’s contributors, she’s accrued over £70 from sharing only three itineraries on the site.

“The time investment for a contributor is small and the potential for additional income is higher than many other similar programmes due to the new pay-per-lead remuneration model,” she says.

Co-founder Dmitrijus Konovalovas says: “Time invested by our authors in the initial uploading of their adventures continues to pay off. Since Katy uploaded her first itinerary back in June, her earnings have accumulated on average by 151% per month. The combination of traffic from her own blog and sharing her itineraries via her social media platforms has earned her easy money, but her inspirational itineraries will have certainly been the main driving force behind her success.”

While it sure does help to have a bit of a following, you need not be a well-known blogger to start making money.

Simply spend some time browsing through the existing itineraries on the site to get an idea of what works well, select some of your best photos, write your own adventure and share as widely as you can. It really is that simple!

Find out more by visiting IQPlanner.

 

Rent out your home

For rent label on model house

An oldie, but a goodie: whether you’re going to be away for two days or two months, chances are you’ll be able to make some money from your holiday by renting out your home.

There are several ways to go about doing this:

  • Family or friends

If you don’t feel comfortable letting out your personal space to strangers, start off by spreading word within your own network.

Let friends and family (those you trust, at least) know when you’re planning on heading away and give them an idea of how much you’re planning to charge per day. Once someone shows interest, discuss terms and conditions that would work to the benefit of both parties. You can even make the deal more attractive by leaving a fully stocked fridge or a few nice wines for their use.

This would work particularly well for those living in desirable areas – along the coast, in a charming country village or in a hip and happening urban centre.

  • Airbnb

Make full use of Airbnb’s ‘snooze’ functionality to only list your home when it suits you. If you’re going away for a longer period of time, you may have a number of bookings to manage, so just be sure that you have key management, housekeeping and quality control plans in place for each arrival and check-out before you leave.

Depending on where you live and how big your home is, you can charge anything from £29 to £1000 per night. Do keep in mind that the average price per night in the UK is currently £71 and that Airbnb takes a 3% service fee.

Find out more about becoming a host on the Airbnb website

  • homeaway

Homeaway is like Airbnb in many ways. You put your property on the site like they do on Airbnb, have lots of good photos and set a price that will make visitors interested.

Again, you can charge anything from £29 to £1000 per night depending on where your home is and what it’s like.

Their fees vary between 4-10%. Sign up to them here.

  • Holiday Lettings

Owned by TripAdvisor, Holiday Lettings offers you almost instant exposure to millions of people searching for great places to stay.

The site has been specifically designed for those who wish to rent out their homes for only a few months a year and makes signing up really simple. Your home doesn’t need to meet any specific standards, but obviously the nice/cosier/more chic it looks in the photographs, the better your chances of inspiring a transaction.

Depending on where you live and how big your home is, you can charge anything between £10 and £500 per night. As with Airbnb, Holiday Lettings takes a 3% service fee.

Find out more about renting out your home on the Holiday Lettings website.

  • Ivy Lettings

Where Airbnb and Holiday Lettings cover massive ground in their selection of properties, Ivy Lettings focuses exclusively on London.

So, if you live in the city and prefer something of a hands-on approach to the rental of your property, they’re probably your best bet.

Ivy Lettings takes on fully furnished, well located properties that are available for 6 weeks or more annually. They charge a 30% service fee.

Find out more about becoming a host on the Ivy Lettings website.

 

Sell your photos

Holiday Polaroids

If you’ve got an eye for good composition, a semi-decent camera and the patience often required for capturing that perfect shot, you could even make some money from your holiday photos.

All you have to do is sign up as a content contributor for a stock image site and upload your images. Different sites have different rules and regulations, so it’s worth investigating the terms and conditions thoroughly before you start the process.

Photo-selling websites can be divided into microstock (high volumes of photos, low prices paid per photo) and macrostock (vice versa). There have been suggestions that microstock sites devalue photography, but on the other hand, selling a photo for just a few pounds can give a beginner a confidence boost.

Your earnings will depend entirely on the quality of your photographs and how popular they end up being on the site.

Find out more by reading our article on ‘How to sell your photos online’.

 

Sell your stories

Woman taking a holiday photo while sightseeing

Fancy yourself a bit of a wordsmith? Well, you could even make money from your holiday by writing a story or two about it!

While it may seem like an unattainable dream, a whole lot of online travel publications are hungry for unique, enjoyable and authentic content, written by ordinary travellers.

Check out The Write Life’s list of 34 travel magazines and websites that pay for articles as well as our guide to making money with freelance writing.

 

Become a de facto courier

Grabr Banner

If you travel abroad relatively regularly, you’re probably quite familiar with friends and family members requesting specific items that can either only be purchased in your destination or are significantly cheaper there.

If you’re normally quite willing to oblige, you might as well make a little bit of cash out of it by signing up as a Traveler for Grabr.

This trusted peer-to-peer community marketplace connects shoppers and travelers all around the world, giving shoppers the opportunity to get their hands the products they love, but don’t have access to locally, with a little help from travellers heading their way.

Travellers set the price for the carriage and delivery, which shoppers are normally more than happy to pay. Grabr auto-calculates the traveler fee but you can request more money if an item is difficult to buy or carry.

Find out more about making money as a Traveler on the Grabr website.

 

Buy clothes/accessories to sell back home

Couple buying clothes on holiday

If you’re heading to a destination that is known to have gorgeous items at dirt cheap prices, consider buying a few extra items while you’re at it to sell once you get home.

You can do this in a number of ways:

  • Open a shop on Etsy
  • Sell your products on Instagram (it’s as easy as posting a picture or two of each item with a price point and adding a courier fee)
  • Set up a stall at a local market
  • Invite friends over for a modern-day ‘Tupperware party’

While it may seem like a lot of work, it could become a roaring part-time business that allows you to travel and curate beautiful products from all over the world.

 

Use a cashback credit card

Holiday credit card

If you’re good at paying off your credit card debt before incurring any interest, it’s almost silly not to put your holiday expenses on a cashback card that rewards you for your purchases.

Read our article about reward credit cards to find out more.

Also read:

 

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