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Yes, it’s that time of year again. That time when all your Facebook friends suddenly turn into philosophers, and talk about how they’re going to attack the year. You also need to become adept at dodging gym managers, who lurk in the shadows outside the gym – waiting to slap that chocolate out of your hand and drag you into the sweaty interior.
Of course, if you do plan to get in shape this year, then all power to you. We’re just curious as why people so rarely have the resolution to make some more money. They say money doesn’t bring happiness – although we’d argue it certainly helps.
Making more money in 2020
We’re not talking about getting a new job or camping in your boss’s office until they give you a raise. Instead we are talking about maximising your money’s potential – making it work harder. Sure, it feels good to see a healthy number in your bank’s current account, but what is that money actually doing? The short answer is not a lot. So why not do something with it?
There are plenty of traditional things you can do with that money. Investment, for example….we’re all for people learning more about making their money pay.
However, what if you need that money to be available at the end of the month to pay bills? This is a situation I think most of us in the UK can sympathise with – and in such situations having that money locked into an ISA is rarely a preferred solution. Especially considering that today’s interest rates are not exactly mouth-watering.
The risk-free solution – matched betting
So, as you sit on your stationary bike in a packed gym, you might be thinking that it’s best to stick to the gym resolution and pack away the idea of making more money until next year. However, fear not, MoneyMagpie may have a solution. A solution that sits perfectly between the two ideas we’ve mentioned. A way of investing your money, that holds no risk and allows you to instantly recall your money should you need it.
This apparently mythical solution is Matched Betting – the ultimate second income. Once we get past the word betting and the assumptions that come with that word, you can find a method of making money that is not only profitable but can be treated as a pastime. Much like the gym – spending one hour a day matched betting for a couple of days in the week will make all the difference.
Matched betting utilises bookmaker offers in such a way that you can extract guaranteed profit from these offers without risking your money. An alien concept? Definitely. Proven to be profitable? Absolutely!
So, start this year the right way and build that bank balance. Let’s make our money work harder in 2020!