MANY are taking on side hustles to earn extra cash as the cost of living grows more expensive.

Energy bills have been forecast to reach over £6,000 next year and inflation recently hit 10.1%.

Side hustles can be great ways to make extra cash while working or receiving a pension

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Side hustles can be great ways to make extra cash while working or receiving a pensionCredit: Getty

One retiree revealed how she makes £800 extra a month through a side business.

Now, one mobile phone app claims you can make up to £10,000 in just minutes, reports the Daily Express.

Youspotproperty.com rewards people for reporting derelict and empty buildings.

Those who report a property which meets the appropriate criteria will get a £20 gift voucher.

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But they’ll also get 1% of the selling price further down the line, if the deal goes ahead.

The maximum cut you can take is £10,000, so if the property sells for more than £1million, you won’t make any more than this figure.

YouSpotProperty donates £500 to charity on top of the voucher and up to £10,000 as well.

All you have to do is take a photo of the derelict building, note down the address and send it across on the app.

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The whole idea behind the concept is to get disused homes back into circulation.

What other ways can you make extra money?

Besides concepts like YouSpotMoney, there are other ways you can make extra cash on the side.

You can fill out online surveys, go mystery shopping, or become an Avon seller.

Or you can switch bank accounts, as many banks offer bonuses for making the move across.

And you can always make the most of your skills by selling your photos or getting paid to write a blog.

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We previously revealed 50 ways you can boost your incomings.

And nine ways you can make more money from home.

This post first appeared on thesun.co.uk

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