To be pissed off that its easy to make money if you have money

[feellikeahugefailure]

Just that really. I don't want alot, but it would be nice to have enough to just have a decent standard of living - aka not being forced to move every time a landlord wants to sell and borrowing money for the move, to eat a healthy diet and to be able to afford to heat the home throughout the cold months.

There must be a way to make about 20k from home right?

polly as far as I know, it's not possible to take on a new btl mortgage on a capital payment basis speaks from bitter experience.

I'm able to pay off some capital, but it's strictly limited.

It's also easy to lose money if you have money. Making money from money is far riskier than you might think. Safe investments like savings accounts pay almost nothing. And any investment that pays more than that has a level of risk. Problem is that you tend to see and hear about those that have been successful - not those who've lost a lot of money through failed investments.

If somebody gave me (say) £1M, once I'd paid off my mortgage I'd have not the slightest idea how to invest the rest. Even the best paying savings accounts wouldn't pay much more than about £12K per year for the whole lot...

Hmm. OP have you ever tried car boot sale trading /ebay? Maybe you could get into something specialised eg. buying tacky tarnished silver plate locally, shining it up with own-brand 20p toothpaste, then flogging it on ebay.
Know someone who bred wee dogs for maybe 200 pound per pup. Kennel club and all that. She just had them in the corner of her kitchen. Might be worth a try if you like dogs.

I have a small company but yes I needed some money to start it off.

No to the amateur dog breeding idea!

Why working from home as opposed to the normal way of going to work.

Of course money helps to make more, but if you have the skills and idea to begin a business then you can.

I suspect that most people running their own businesses did their apprenticeship (formally or not):working for someone else.

I'd say I'm successful in my field; my salary pays school fees, mortgage etc and OH is purely invested; I'd never want to run my own business though.

What skills do you have OP?

And the risk poor standards of living from crappy landlords unwilling to fix or maintain things

I am very happy for LL to make money from property. However I think something needs to be done over living standards and crap, or ruthless landlords making money out of disgusting properties.

We need a fining system to quickly punish rouge landlords.

The people (well, they're all women) who want to make good money working from home, usually also want to be full-time SAHMs and for the work not to really interfere with that. Unsurprisingly, that doesn't really work. If you want to make a decent salary, it will involve working properly at it - even if that's from home, you won't be able to look after young children at the same time.

My SIL keeps trying and failing at random thing after random thing in this vein - selling beauty products, running a B&B, etc, etc - when she'd make more money working 2 days a week out of the home (she has a professional qualification which would make this work) and getting childcare and then she'd still have 5 days a week at home.

YANBU to want basic thing like a heated home and decent food, you might be a little unreasonable to be pissed off that people who have money can make more money, and I'd disagree that it's automatically easy. There is work and risk involved. They are irrelevant to you anyway, so it's a pointless waste of your brain space to be pissed off.

Why does your work have to be from home?

Yes, it's much easier to make money if you have money.

And being poor is fucking expensive.

But agree with a few other posters about the working from home for 20k thing. Of you want to earn proper money, you need to go out and work outside the home, generally, with all the travel, childcare and time costs that that entails.

Matched betting

bleat bleat whinge...love the way MN can turn any thread into landlord-hate.

there is a system to punish rogue landlords. There's an even easier system which is not to rent from them. You may have to leave London, though.

I'd avoid sites like PPH - seems to be a race to the bottom, with people in other countries bidding much lower than we could.

Yes and no. I wouldn't build my business on these sites alone, but they can be ok. I just earned £60 in two hours doing a job via Upwork this morning.

You are not being unreasonable .. My life experience is that of money makes money.

Money presents opportunities that you would not be able to indulge in otherwise..

From Buying two homes to funding to Start an expensive business

OP - what are you good at? If you answer, people may be able to suggest ways forwards for you.

I have a lovely friend who after her divorce had no money, no recent job experience, and few qualifications. She set herself a project over the course of a year (it was inspired by a thread on the internet about doubling your money):

Month 1) she set out to make £1 per week - by any legal means. So it could be finding coins on the street, completing online surveys etc. The main idea was that it had to be relatively sustainable and repeatable.
Month 2) she set out to make £2 per week. Some of this was the same as the previous month, but she also added other idea to it - car boot sales, ebaying etc.
Month 3) she set out to make £4 per week
Month 4) - £8 per week
and so on, doubling it each month until month 12 when she aimed for £2048 per week. That would have made an annual income of £100,000+

Agree with others that pph might not be the total solution but my friend used the early months to build up her profile and she now regularly gets a few hundred a month through pph projects. She had several step-changes in how she made money - what worked for £2 per week didn't work the same for £250 per week. In the early months she spent lots of time researching and experimenting with ways to generate income.

btw, lovely friend does not earn in excess of £100K but by following her plan she managed over 18 months to go from 0 income to more than £20K. She has a whole portfolio of income generating projects, and she also now has a part-time minimum wage job which accounts for about one third of her total income.

She is hard-working, busy and determined, and very proud of herself - as she should be.

Well, to make that kind of income from home you have to have a talent or ability for something - even if you had money to start with!

What skills do you have OP?