How To Make Money Online And Protect Yourself


How To Make Money Online And Protect Yourself

If you’d love to earn a little bit of extra cash without making much effort, you may find our guide useful. We’ll show you how you could make money online and how to protect yourself.

Selling online

Now could be the perfect time to have a sort out and sell those items you never use anymore. If you received some Christmas presents that you don’t really want, you could sell them, or you could part with items you’ve had for longer if you received the new version for Christmas, like a games console. Some people don’t like the idea of selling presents, but if it’s something you will never wear or use, there is no point keeping it in a cupboard gathering dust. You could use the money you raise from selling it to buy something you really want!

Thanks but no thanks!

When you have unwanted Christmas gifts, you have a number of options available to you. If you want to return them to the stores that they were bought from then you usually require either a receipt or the credit card/debit card used to pay for the item. If you have a receipt you should get back every penny that was paid for the item. If you don’t have a gift receipt, you could find that the item has been drastically reduced in the sales and you might not get as much as you expected (some stores will only issue a credit note in these instances).

If you don’t have the receipt and the gift isn’t faulty but you don’t like it, the store is under no legal obligation to give you a refund, but the vast majority of stores will issue you a credit note. If the item is faulty, then you might be best asking the person who bought it to return it (even if they have lost the receipt) as they have the right to ask for a repair, refund or replacement under the Sales of Goods Act because they bought the item. If the item cost between £100 and £30,000 and was bought using a credit card, then under Section 75 of the Consumer Credit Act they can make a claim through their credit card provider if it’s faulty.

Selling on eBay

If you don’t know where the gift was bought from, you could still exchange it for cash by selling it online using a website like eBay.

With eBay, you can choose whether to sell by auction or ‘buy it now’. When you sell by auction you don’t know exactly how much your item will go for but you can set a reserve price so you know the minimum it will sell for.

The most popular way for someone to pay on eBay is via PayPal, but there are other options available. Please remember that eBay do charge seller’s fees so you may need to factor this in.

eBay alternatives

If you would prefer not to sell on eBay there are a few different options available.

You could sell old mobiles, iPods and cameras to a gadget-buying company like Mazuma Mobile or envirofone. To find out which company will give you the best price, visit Moneysavingexpert’s

There are also websites that allow you to trade in books, CDs, DVDs and computer games like WeBuyBooks and Music Magpie. You may get a better price for computer games by exchanging them in a game store on the high street or by selling them on Amazon, especially if the items are boxed as new.

If you have a large or expensive item to sell you could place an advert in your local paper but there will probably be a charge for this. There might be some free local selling pages on Facebook that you could join but it might not be a good idea to advertise an unwanted gift on there, just in case the person who gave it to you sees your message!

Other options are websites like gumtree or preloved, which allow you to advertise for free.

However you choose to sell, if you are arranging for someone to come to your home to collect an item, it might be a good idea to have someone in your house with you at the time. Don’t invite buyers inside if you don’t have to – maybe have the item you are selling in the hallway so you can just pass it to them. It might be a good idea to keep any valuables out of sight just in case.