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Nov 09

8 Flexible Money Making Ideas for College Students

Reading Time: 3 mins

Everyone who has gone or is currently going through college will agree that college life is hard. It is even more complicated when you do not have enough money to afford personal expenses like study materials, food, etc. To earn some extra cash, some people take up jobs outside school. However, these jobs are not flexible enough to meet class schedules and keep up with social activities. 

You can earn a fortune as a college student, keep good grades, and still turn up in your social groups. Yes, it is possible. The U.S. Bureau of Statistics revealed that 10% of insurance agents earned over $127,840 in the past year, and that’s just one of the many ways. Here are eight other flexible ways to make money in college:

 

 

 

  • Driving

If you are privileged to have a car, you are one step ahead to the financial freedom that comes at your convenience. How? You can register with ridesharing platforms like Uber, Lyft, and the likes. You need to meet specific requirements. For Uber, you must be at least 23 years old with three years of driving experience. The requirements vary from one platform to another. You can increase your earnings by also registering as a delivery person for vendors. In one ride, you can be carrying a passenger and a package simultaneously. 

 

  • Sitting

People are very busy trying to make money. You can earn some cash by helping people who are trying to make ends meet. Sounds nice? As a babysitter, you can earn over $10 in an hour. If you spend the night, you can do the maths. That’s a lot of money to make in a day. You will also have the chance to study after the children have gone to bed. Besides babysitting, you can also house sit—living and maintaining a property while the owners are away. Pets are a good option too. You can get paid to walk or sit pets. 

 

  • Selling Study Materials

If you are the library kind of person, then this one’s for you. When you spend hours in the library reading different books and understanding a course, you can make money off that knowledge. How? Curate everything that you have learned into a material that is easy to read and understand. Most of your mates are looking for easy ways to understand a course and they will happily give you their stipend for such valuable information. 

 

  • Referee

As kids, a lot of us engaged in sports activities. If not, you might have picked up an interest in any sports while growing up. Do you know that most people are only concerned about the players, and no one cares about the referee? The referee is the number one person on the field, and the decision a referee makes cannot be overruled during the game. You can get paid to be a referee in the local sports centers around your school, and you can earn up to $25 in a game that will last an hour. That’s $100 if you oversee four games in one day. 

 

  • Online Surveys

Online surveys do not give you much cash. However, you can do it in your free time – while eating or watching Netflix, in class while waiting for your lecturer or after lectures, on the bus, and anywhere else. 

 

  • Tutorial

If you have strong knowledge about certain subjects, your mates will pay you to teach them. The number of people learning under you will be even more if you have good communication skills. People can even pay you extra to come and teach them in their houses.

 

  • Blogging

We all have something that interests us. A topic that we can talk about for hours and hours. It can be anything – finance, health, music, movies, fitness, travel, food, games, anything. You can create a blog and start writing blog posts. Make your blog engaging and attractive, and more people will read it. The more people who read your blog, the more money you stand to earn. 

 

  • Virtual Assistant

A lot of people need a helping hand, and they don’t mind paying for it. You’d be surprised how much a manager can pay you to read emails or how much a director will pay to remind him that he has a meeting by 2 pm. 

 

Last Word

There are a lot of opportunities available to you as a college student. These money-making options will not suffocate your academic or social life in any way. All you need to do is learn time management, and you are good to go.

 

Disclaimer: MoneyMagpie is not a licensed financial advisor and therefore information found here including opinions, commentary, suggestions or strategies are for informational, entertainment or educational purposes only. This should not be considered as financial advice. Anyone thinking of investing should conduct their own due diligence.

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