Money making tips for students to be in control of their finances
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As a student, you might be looking for a money-making opportunity to smoothly cover your daily expenses, but on top of that it helps you learn the value of money and gain financial independence. Finding the right job that helps you make enough money to get by, as well as balancing between academics and personal life, is not a cinch. You will need to be smart enough to pick up a job that serves your goal.
Tuition fees, food, accommodation and transportation are some common expenses you can easily meet through your pay. Although universities offer some grants for collegians experiencing financial hardships, an extra little cash coming in every month will help you keep your head above water.
Ways for students to make money
There are various jobs that you can pursue to make money to cover your education and related expenses. However, some jobs can help you gain experience that you can highlight in your resume. They will help you a lot to find a full-time job. Nowadays, companies expect you to have some sort of experience. If you have some, you will easily get hired.
Here are the jobs you can add to your resume:
- Online teaching
It takes minimal resources to set it up. However, it requires putting in a lot of effort to get it off the ground. Instead of running your own account, you should collaborate with institutes that hire online teachers. You do not need to undergo the hassle of finding students for you. Institutes, including grabbing more and more students, complete all administrative tasks.
You can make good money and hone your teaching skills. Your experience will count when you enter the full-time job world. You will need some certification to pursue as an online teacher.
- Freelance writing
The demand for freelance writers is on the rise. Various platforms are out there where you can create your own account and get projects that intrigue you. Fiverr and UpWork are the most popular platforms for writers. You can charge by the word or by the hour. However, make sure you take account of the competition too. Overcharging money will leave you out of the race, and undercharging will overwhelm you.
You can work from anywhere. You just need a laptop and high-speed internet. You can get more projects if you need more money, but it can be difficult to keep up with them. Your writing experience will count when you start looking for a full-time job. You can even use your income to pay monthly bad credit loan.
- Graphic designer
Call on your creativity to make some money. Give it a whirl if you can come up with great and unique designs. Many companies are always on the lookout for logo and banner designers. Because you are a student, you should reach out to companies on Fiverr. You can get various freelance projects. Graphic designing is enjoyable and helps make more money than writing. Your graphic designing experience will go a long way.
- Social media manager
It is another kind of job that you can highlight in your resume to qualify for a full-time job. Social media managers are responsible for handling the social media accounts of companies. You can do this job in the comfort of your house. However, you will have to be a bit strategic, as the goal of maintaining a social media presence is to gain traffic and generate leads. You must have some marketing skills to get this job done right.
Here are the side gigs that simply help you get by:
- Baby sitting
Finding the right job that fits your busy schedule is quite challenging. Moreover, you might not find you suitable for all types of jobs. However, there are some jobs that do not require any kind of specific skills. Babysitting is one of them. It is quite popular among students. You can take a few hours out of your busy schedule to sit a baby.
It is quite fun and will keep your mood light. You can also look for pet-sitting opportunities. Though you will not make a lot of money, you can avoid relying on short term student loans for all kinds of expenses. Ask around your neighbours if they need a babysitter. Tell them to refer you to others if anybody of their acquaintance is looking for a babysitter. Research websites that hire babysitters. Create your account and fulfil all related formalities. Social media platforms are also a good platform to reach out to people who may need you.
- Dog Walking
It is a typical side gig that does not require any skills. Mostly, people need dog walkers in the morning time and you can easily keep that slot open for your service. You are not going to get a lot of money through your dog walking service, but sometimes, a paltry sum seems worth it.
- Become an Uber driver
If you have a car and you have a licence, you can provide services as an Uber driver. Your driving record should be absolutely clear to be eligible to work as an Uber driver. You can easily take a few hours out to drive people around. However, Uber takes some time to complete the registration process.
- Sell photographs
Selling photographs on Shutterstock is a good way to make money. For that, you will need a high-resolution camera and photography skills. You can make good money by selling photos through this platform.
To sum up
There are various jobs you can do to make money to cover your education and accommodation expenses. However, some of the jobs can be shown in your resume and help them find a full-time job. Experience matters a lot in this day and age. Companies are hiring experienced people to save money on training. Babysitting and dog walking do not require particular skills, but they can help you make money when you are in a tight spot.
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