Find below a list of the terminology you can expect to hear in the UK online money making community.
Affiliate marketing: A method to earn money by referring traffic to a website, and earning commission for a subsequent action
Arbing: To participate in and take advantage of arbitrage opportunities
Blog: A personal or company outlet for text-based content
Cashback: Rebates earned for shopping at specific online retailers, often through an affiliate programme
Comper: A person that enters into competitions frequently or in high volumes
Comping: To enter competitions in high volumes, or with significant frequency
Earnings diary: A record of miscellaneous earnings made over a set period of time
Earnings report: A round-up for earnings gained through (primarily) online means
eBay: Online marketplace that allows people to buy and sell products via auction or fixes prices
Etsy: Online marketplace for craft and personalised products, as well as vintage items
FI: Financial independence. To live on sustainable personal wealth, often through passive income
Financial independence: To be able to live off personal wealth, which may or may not be topped up through passive income streams
FIRE: Financial independence, retire early. An aspiration of many online money makers.
Fiverr: An online marketplace for gigs, with people able to buy and sell services from as little as $5
Focus group: A market research group that invites incentivised individuals to share their thoughts on a particular product or service
Freelance: To sell services to clients
Freelancer: An online marketplace for freelancers and those that want to employ them
Gift card: A physical and digital card preloaded with money, usually to be spent with a specific retailer
Gig: A paid task or service
Gubbing: When a bookmaker disables an account for matched betting
Income report: Log of earnings, usually just from online means
KDP: Kindle Direct Publishing. Amazon’s ebook publishing wing, allowing the public to sell their writing
Kindle Direct Publishing: A ebook publishing via Amazon that enables anyone to publish and sell self-written books
Lay bet: A bet against the outcome of an event
Legit: An online money making opportunity that is proven to work or pay out to users
Market research: To offer feedback regarding a product or service, in exchange for compensation
Martin Lewis: The founder of Money Saving Expert, a UK-based website offering advice for money saving and making
Matched betting: Risk-free method of betting, matching one outcome with the opposite, typically using bonus funds
MB: Matched betting. A method of earning from placing risk-free bets
Micro job: A task, usually requiring minimal effort, that results in earnings
MLM: Multi-level marketing. Referral-based marketing system
Money Saving Expert: UK website offering advice on money, in particular how to save and make more
MSE: Money Saving Expert. Popular UK website about money saving and earning
Multi-level marketing: Tiered referral-driven pyramid selling system
Music Magpie: Popular trade-in platform for CDs, DVDs, games and more
Mystery shopping: To take part in a secret task to ‘shop’ in an establishment, often to test customer service, amenities and the experience
Outsource: To delegate tasks to another individual
P2P lending: Peer-to-peer lending. To loan or borrow money to others online, without having to go through a bank or traditional lender
Paid to: A type of online money-making platform that rewards users for low-effort tasks
Payment proof: Screenshot or photographic evidence that an online money making website or app has paid out in the past
Payment threshold: The minimum value required, before a user can cashout their earnings on a money making website or app
Payout: To receive payment from a website, often once a certain redemption point has been met
Peer-to-peer lending: The act of loaning and borrow money to others online, bypassing banks and other institutions
People Per Hour: A UK online marketplace for freelance services
PPH: People Per Hour. A UK freelancer marketplace
Print on demand. Inventory-free printing service
PTC: Paid to click. To get paid in return for clicking on websites, adverts or other online platforms
Redemption: The value required to redeem funds on a website
Referral: The act of gaining new users for a money-making website, often in return for commission
Scam: An online money making opportunity that has turned out to be fake, or aimed to defraud users
Side hustle. An alternative method of making money, aside from a traditional full-time job
Search engine evaluator: A person who works from home testing search engine results pages
Shopify. Popular, simple set-up ecommerce platform
Slice the Pie: Website that enables users to get paid to review music and clothes
Social media evaluator: A person who works from home testing social media
Surveys: Online questionnaires which reward users with money or points towards a gift card
Swagbucks: Popular website that rewards users for completing tasks and surveys
The Money Shed: UK forum for people that top up their earnings via (mainly) online means
Toluna: Popular survey website that gives people money in return for their opinions
Trade-in: To send an individual item or box of them to a company (such as Music Magpie or CeX) in return for money
Treasure Trooper: A website offering users the chance to earn money by completing surveys, watching videos and more
UpWork: An online marketplace to buy and sell services, particularly for freelancers
Upwork: Popular online marketplace to exchange services
VA: Virtual assistant. A remote worker that carries out administrative tasks for clients
Virtual assistant: A remote freelance worker that may complete administrative tasks for a client
WFH: Work from Home. To be able to complete work remotely, usually from home
Work from home: To have the freedom to work remotely, from home or elsewhere
YouGov: Popular UK survey website that rewards survey-answering users with cash
Zapper: Trade-in platform for media and books
Zeek: An online marketplace for gift cards
Ziffit: Popular media and books trade-in platform