5 Ways For Students Can Make Money
Finding money to pay for college can be difficult though you already have grants, loans, or scholarships you may still need cash for other expenses. Students might need funds for commuting, tuition, books, housing, and other things related to college supplies. If you plan to work in the summer during the college's break, we have tips and ideas for you what kind of job you can take both on and off college. Also, you can create a budget you need to pay for them. Yet, the best way to fill the gaps in your financial need is to fake to the financial aid office and ask for favors.
Off-Campus
1. Virtual Assistant
Most businesses move online at some level. You will find a lot of small business and solo entrepreneurs who require services performed when the owners don't need to hire employees. You can earn money from this opportunity to be a virtual assistant.
A virtual assistant will do many tasks including social media marketing, proofreading, customer contact, invoicing, setting up events, customer contact, and also research. Complete yourself with a certain skill set, and design your resume. After that, sign up for sites that offer virtual assistant work.
2. Freelance Writer
If you love writing, there are several ways to convert your passion into money. For instance, if you like to write about online games, you can offer you specialization to business related to that industry. Also, you can find work research papers, writing articles, books, and e-books for those who don't have time to do it by themselves. What you have to do is advertise your work or writing, and if you're working for a client for the first time, make sure to get some money upfront and at certain times during the project. Freelance writing is a promising job to do since you get thousands of dollars "only" from writing.
3. Starting a Blog
Some people like to share what's on their thoughts and experiences they have, and maybe you're one of them. When you have a topic that interests you, you may share them in your blog and turn that idea into an income. It might be the most challenging idea, but also the most rewarding (College Ave Student Loans, 2021)
Blogging can make money, and if you have a successful one, you can sell them in the future and get big money. Blogging, then, can be a career.
When blogging, you can choose one topic that you're experienced in. Let's say blogs for travel, computers, cooking, photography, nutrition, and also fitness. And if you're good at finance, you may create a finance blog that some people find success.
4. Starting Small Business
For those who have an inner entrepreneur, starting your own business can be a great idea to do. Try to monetize specific talents and skills you have by drawing them from previous experiences. For instance, you have internet or computer skills, being social media marketing or building websites can be things to do. You can even your service to small businesses, directly. Building a side hustle business is easy, but selling them to market is more challenging work to do.
5. Trade Cryptocurrency
Our currency evolves along with the change in the digital world. Cryptocurrency becomes a preferred medium to pay something for money. To make more cash, students can try to trade Etherium or Bitcoin, the two primary crypto platforms today. If you start today, you may take advantage of the current boom. Yet, if to make the investment safe to do, communicate with the Lionhood Financial coach to guide you. And make sure to have a transaction from trusted traders.
On-Campus
1. To be a Research Assistant
If you have finished your undergraduate degree, you can think about being a research assistant. The position job desc including collecting for a professor in a lab which is a great idea to make money and receive more college credits at the same time. To learn about this opportunity, talk to your advisor and professor.
2. Campus Tour Guide
A campus tour guide can be another great way to try. If you love to meet new people, are outgoing, and are passionate about your college, then becoming a campus guide can be considerable. Why are they important? Admission officers sometimes need help to field queries from new students and families. This work is a good chance to share your experience and encourage them to follow in your footsteps. You will show what you love about the college as well as prospective students around.
3. Teaching Assistant
Some schools sometimes choose TA jobs or teaching assistants from graduate students, but some select TA positions for junior or senior undergrad students. The TA work with tests, monitor exams, grade papers, and students with their classes.
4. Proofread and Edit Your Peer's Papers
Another good way to make money in college is by proofreading and editing your peer's papers. For some students, especially if English isn't their first language, they will find difficulties in writing essays. For those who have strong writing skills, offering yourself to be a proofreader or editor to other students is a great idea.
5. Tutor other Students
Yet, if you're not good at writing but in excelling at a particular subject and teaching, being their tutor is also another great idea. For the opportunities, check with the local schools, department head at your college, or with the employment office. Or you can also sign-up to become a tutor through some sites where you can schedule your terms and tutoring rate (Wack, 2021)
When making money, you better talk to your Lionhood Financial coach about how to save and gain more money for your college's funds. There are other things you can do like exploring campus amenities to save more money from your entertainment needs. Check everything from fitness classes or movie nights that might be available for free.
Limiting meals out is another thing to do to save your money. If a meal plan at school is available, use that facilitates. They sometimes give discounts for students too. Eating out's costs may add up quickly. So, better to invest in some useful kitchen appliances like a coffee maker instead of spending money on lattes every morning.
References:
College Ave Student Loans. (2021, March 14). How to Make Money in College. Retrieved from: https://www.collegeavestudentloans.com/blog/make-money-in-college/
Wack, Margaret. (2021, May 31). 17 Ways to Make Money while You’re Still in College. Retrieved from: https://www.moneyunder30.com/make-money-in-college.