A SAVVY woman has claimed that she’s made over £155,000 in just seven months, without leaving her house.
But that’s not all, as Elizabeth, 23, who had hoped to make an extra £1,000 more a month from her phone before leaving her 9 to 5 job and starting her side hustle, is now enjoying the freedom of not having to answer to a boss.
Elizabeth got candid on her side hustle earnings and claimed that you don’t need any experience or qualifications[/caption]
As well as this, the savvy content creator revealed that with her online income, you don’t need any qualifications or experience.
Elizabeth, who previously left school with “barely any GCSEs” after being traumatised by bullies, took to social media to share more about how she generates an income, leaving many gobsmacked.
The red-haired beauty, who didn’t go to university or college, acknowledged that seven months ago, she was “broke” and living “paycheck to paycheck.”
Not only did she “hate the 9 to 5”, but she also realised she didn’t want to spend the “best years of her life chasing someone else’s dream.”
Feeling fed up with “asking permission for time off” and like she had to “shrink herself to fit into a role that never truly felt right,” the young woman knew something had to change.
Elizabeth was also tired of “constantly checking” her bank balance and desperately Googling “how to make money online” during her lunch break.
As a result, Elizabeth decided to take matters into her own hands and change her life.
Eager to earn cash without being tied down, Elizabeth discovered digital products – products that are created, distributed and consumed in an electronic format.
Digital products refer to digital files that buyers can purchase and download instantly.
Examples include printable art, digital planners, e-books, stock photos and more.
Elizabeth “took a chance” and “decided to go all in” with digital products, despite not having any “business experience” or “special skills.”
She acknowledged that she had “no idea” what she was doing, just a “deep feeling that there had to be another way” she could earn a living.
Types of digital products
- Online courses
- Ebooks
- Licensed digital content
- Premium content libraries
- Digital templates and tools
- Product photography
- Music, art, and entertainment
- Digital services
- Printable digital products
- Digital memberships
And now, Elizabeth is reaping the rewards, as it takes her just 30 minutes to create a digital product on Canva, which she can then sell on countless times for £67.
Keen to show off her success online, the 23-year-old explained why she called it quits on the 9 to 5 lifestyle.
She acknowledged: “I left as soon as my boss told me when I could eat my lunch.”
As she sipped a Starbucks iced drink and tucked into a baguette whilst sitting in the sunshine, Elizabeth beamed: “Eight months later, I’m sitting in the sun, eating my fave lunch, made over £155,000 from my phone, so no, I don’t ‘miss my coworkers’.”
So no, I don’t miss my coworkers. Or the fluorescent office lighting. Or spending all day waiting for 5pm
Elizabeth
Elizabeth claimed that she had “no experience” when she started, just “a will to make a change.”
Not only this, but now she has “no Zoom calls, no bosses and no ‘can you just…’ emails.”
She shared: “So no, I don’t miss my coworkers. Or the fluorescent office lighting. Or spending all day waiting for 5pm.”
Elizabeth claimed that for those sitting on the fence about starting, you should know: “You don’t need a following. You don’t need to be an expert. You just need to start.”
Do I need to pay tax on my side hustle income?
MANY people feeling strapped for cash are boosting their bank balance with a side hustle.
The good news is, there are plenty of simple ways to earn some additional income – but you need to know the rules.
When you’re employed the company you work for takes the tax from your earnings and pays HMRC so you don’t have to.
But anyone earning extra cash, for example from selling things online or dog walking, may have to do it themselves.
Stephen Moor, head of employment at law firm Ashfords, said: “Caution should be taken if you’re earning an additional income, as this is likely to be taxable.
“The side hustle could be treated as taxable trading income, which can include providing services or selling products.”
You can make a gross income of up to £1,000 a year tax-free via the trading allowance, but over this and you’ll usually need to pay tax.
Stephen added: “You need to register for a self-assessment at HMRC to ensure you are paying the correct amount of tax.
“The applicable tax bands and the amount of tax you need to pay will depend on your income.”
If you fail to file a tax return you could end up with a surprise bill from HMRC later on asking you to pay the tax you owe – plus extra fees on top.
Elizabeth’s TikTok clip, which was posted under the username @digitalmarketinglib, has clearly left many open-mouthed, as it has quickly racked up 30,500 views, 116 likes and 28 comments.
One person said: “Good for you girly!”
Another added: “Every lesson with you is practical, honest, and empowering.”
Meanwhile, someone else who has since started selling digital products online commented: “I’m honestly amazed at how smoothly this journey started – especially while juggling a tight class schedule! Looking back, I wish I had found this path earlier.
“The potential is real, and I can’t wait to see how far I go!”
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