You don’t need me to tell you that the life of a student can be tough financially. From mounting loans and no time for a consistent part-time job, many students are on the hunt for ways to make consistent money, but while keeping the flexibility, they need to complete their coursework, attend lectures, and to work on their assignments.
With this in mind, today we’re going to explore four of the best ways students of any age or grade of education can make money, not a full-time wage, but enough to help cover the cost of food and rent, the cost of the night’s out and the dates, or just having money in the bank in case you come across a rainy day sometime soon!
4 Ways to Make a Little Bit of Money on the Side as a Student
- Part-Time Freelancing
Since you’re specializing in a certain subject, why not put your education to the test by offering freelancing services to independent people and businesses around the world. Since platforms and freelancing job sites such as Upwork and People Per Hour exist, it’s never been easier to find work in practically anything and get paid for it in an instant.
From writing to web design to graphic and logo design to essay writing, that’s practically any kind of job you care to name. Take on as much or as little as you want and watch your bank account stabilize.
Since you’re a student that is specializing in a certain subject, or even if you’re just doing well in school or college if you know what you’re talking about, why not offer tutoring services to students in your year or even online to whoever needs it. You can charge what you want to charge, and you can work when you want to work, just by organizing certain times and working set hours.
Of course, you’re going to need to be good at your course, so you’re probably going to want some kind of proof, such as good grades or at least a recommendation from a teacher that you’re cut out for the role.
- Round Robin Betting
While gambling is by no means the most consistent way of making money, it can be highly profitable if you know what you’re doing. Analyst and statistics students, we’re looking at you. Round robin bets refer to the process of making a number of small bets in a concession that adds up into one overarching bet that then pays out big.
A common example of this when someone bets on horses winning throughout the day, making multiple bets of multiple horses. If you lose a certain number of times, you’ll be eliminated. All the terms and conditions will depend on the betting provider’s terms and conditions at the time, but if you want help getting started, you can use this round robin calculator to help calculate your odds of winning.
- Teach English Online
If you’re a native English speaker, or at least you just know the language well or are multi-lingual, you can easily sign up to a tutoring service or website that offers language tutoring services to help connect you with others who want to learn English. You can even offer these services throughout your college or university to foreign students.
As you can see, there are plenty of opportunities out there for you to make money in your own time as a student, but it all depends on what you want to do and what you’re good at. At the end of the day, you’re only limited by your imagination.