Money Making Guide

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Running out of money at the end of the month? It happens to all of us – with the need to pay rent, bills, buy food, stuff for University and much more. The grants, loans and any money from our parents just don’t seem to be enough, and you then need to trim your party budget. This isn’t the easiest thing to do as we all need a night out (or more) at the end of the week to recover from a long and stressing week at University. So, have you considered earning your own money? I guarantee it will bring you immense satisfaction!

Here are some tips and ideas that you might want to try. Best of all, the more you work the more you earn, and you get to be your own boss, sticking to your own schedule - there is nothing more rewarding.

Money

Freelancing

If you are amongst the students studying an IT/Programming, Design, Multimedia, Marketing or Photography degree, you can start getting some money on the knowledge and skills you have gathered in the past few months. There are plenty of businesses out there looking to externalise their needs and hire freelancers for some quick and easy jobs. You can meet most of them on websites such as freelance.com, elance.com, odesk.com and peopleperhour.com, fiverr.com – start by signing up and then look around and search for jobs that you think suit your skillset. Once you’ve found something you’re sure you can do, place your bid and start pitching (building a strong portfolio will definitely help). Be patient, the results will come.

My freelance experience: I knew a bit of HTML/CSS so I started to bid on jobs that required these skills. In two years I managed to finish 40 jobs and gain $2,000 (most of the sites pay in dollars) but best of all I gained experience and something to put on my CV.

Doing paid surveys

Businesses always want to target products at the right people, and this is why they are willing to pay to hear your thoughts.

The online survey process is quite simple: you join one of the websites by filling in an account with all your information, then they start sending you surveys – you get paid per survey. The best thing about this is that you can always do surveys on your smartphone/tablet whenever you want and feel like doing it. The downside to this is that it is quite time consuming, but if you have the spare time, why not try it out. Sites like Toluna and YouGov offer these paid surveys.

Part-time jobs

Part-Time

Taking a part-time job is one of the best ways to gain real work experience. This could be anything from a bartender to working in an office or shop. You will then have something to put on your CV alongside a good reference (hopefully) when looking for a full time job. Don’t hesitate and ask your University’s Career and Employability Service for guidelines and available jobs.

I actually had a really nice experience with my first part time job. For two months last year I added products on site for a new online business – the job was quite simple. I took photos of the products, edited them in Photoshop, and then added the products on site. At the end of the month, I would then report on their performance. I didn’t earn too much, but at the end of the contract my employer agreed to be my reference for the placement I got here at Top Cashback.

Write a blog/Create a YouTube account

Whether you love writing online or just enjoy doing videos for your YouTube channel, Google AdSense can help you earn some cash doing something you’re passionate about. AdSense is Google’s advertising program which encourages people who have a blog, website, or a YouTube channel to put adverts on them. You get paid for every click your ads get.

Selling stuff on eBay

ebay

Have a passion for selling? If you have a keen eye for picking vintage or retro products, go to your local car boot/market sale see if you can find any interesting items. Once you’ve picked some items, go home and try and sell them on eBay. Don’t forget to do you research properly to understand trends and what people enjoy buying – also make sure you keep a record of expenses and revenue, you want to make a profit at the end of the month.

You can also buy used items, improve them, and then sell them if that’s your kind of thing. This is what is known as Upcycling.

I’m sure there are many other ways to gain money when studying. I’d love to hear your thoughts and experiences, so please feel free to tell us on the forum.

Blog By Andrei.I

Posted on 18 Aug 2013  |  Posted in  'How To' Articles
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