Tired of being a “broke college student”? Well, you can get out of that status right away by taking action into your own hands. Although earning money while studying can be a tough challenge, it can be satisfying if done right.
If you’re ready to take on all these challenges, read on the list we compiled that will help you make money as a student — without getting burned out.
- Discover and learn skills.
- Turn your hobbies into a business.
- Craft a good resume.
- Practice time management.
- Prioritize your schoolwork.
- Avoid procrastinating.
- Keep in mind your schedule.
- Consider getting an internship.
- Build a business.
- Choose to work in summer.
- Apply for new scholarships and grants.
- Start your own blog.
- Consider getting work remotely.
- Beware of scams.
- Save money.
Discover and learn skills.
Gaining and improving skills can be a game-changer when it comes to increasing your odds of getting a job. Ranging from creative to technical skills, you can use this to boost your income while studying. You will find it very beneficial as well that you get to hone your skills.
Visit online programs that can help you discover and improve skills. Most of these are affordable. Dig deeper and you can also find some free training. Plus, it is super convenient, where you can access it anytime, anywhere. Another suggestion is to learn by taking up hands-on professional skills training like what Training Connection offers.
Turn your hobbies into a business.
Aside from valuable skills, you can also monetize your hobbies. If you love to draw, knit, or craft hand-made pieces of jewelry? Consider producing items you can sell on sites like eBay or Etsy.
This way, you get to enjoy your hobbies and at the same time, you are earning additional income from it.
Craft a good resume.
A decent and well-written resume can go a long way. It will help you introduce yourself, explain why you want the job and why you would be a good fit for the position. Make sure that your resume contains your skills, past work experiences, contact information, and two non-family references. Update this regularly with any awards, honours, or any other clubs or extracurricular activities.
Practice time management.
Earning while studying can be one of the dangerous combos ever. Managing time in your work and academic life is no easy task, so how can you properly juggle your job and your studies? Here are the top three ways:
Prioritize your schoolwork.
By all accounts, school comes first. Start planning with your school schedule as the main priority. Also, keep a track on your assignments, so you don’t miss a deadline.
Once you’re working, make the best time of your off duty days. This means you have to control potential distractions. Maximize your efficiency by completing your assignments and studying more quickly. To achieve this kind of focus, avoid watching the TV, keep your phone out of your sight, or even install apps to block social media.
Keep in mind your schedule.
If you have a rigid and loaded class syllabus, consider revising your job schedule. Our best advice? Avoid getting a job with a flexible schedule. You might find it harder to plan your classes if you don’t have a set timetable.
Consider getting an internship.
First of all, only apply to paid internships. It is a great way to gain real-world skills while also boosting your income. By getting an internship, you get to achieve more experience and connections you need after college. Consider reaching out to your college’s career centre, where you can inquire if there is an opening in your field of study.
Build a business.
It is never too early to be a businessman. If you like working on your own and having wide opportunities, building a business can be your best route. Although you have to work first to pool out the starting capital, a business can be a valuable source of income over time.
Remember that a starting business needs a good financial account in the first place. To start, request a credit report of your account. If you find any incorrect listing upon checking, reach out to credit repair companies to solve the problem right away. Consider reaching out to services like The Credit People to give you the best solution. You can check this review for more information.
Choose to work in summer.
Let’s be honest, working while studying can be physically and mentally demanding. Luckily, you can still earn by utilizing your summer. This way, you can still focus on your academics. The downside is you might not get that dreamy idle summer vacation.
Apply for new scholarships and grants.
Before embarking to job hunting and other earning schemes, consider applying for scholarships and grants first. Keep an eye on bulletin boards on your campus and pay attention to their announcements online. Widen your search as well by looking to online listings for new academic grants opportunities.
Start your own blog.
We live in a time where content matters a lot, so if you have an abundant supply of creativity, why not start your own blog? You get to be your own boss. You get to test the limit of your creativity and more. If you get enough followers, you can start to bring in revenue through advertising. Over time, it can turn into a hugely profitable venture.
Consider getting work remotely.
The online gig economy offers a lot of possibilities out there. If you have a computer or a reliable mobile device, you can get a decent-paying work anywhere.
With the kind of flexibility, you can focus on your academics while earning. Here are some services you can offer online:
- Online copywriting
- Proofreading essays
- Designing presentations
- Crafting resumes
- Running business’s social media accounts
- Editing video
Beware of scams.
A broke student tends to be easier prey to scams and frauds, so before you jump in this money-making business, know what you have to avoid in the first place. Remember, if something sounds too good to be true, then it’s most probably not true. Be sceptical and remain cautious about easy money jobs.
Earn money by tutoring. Consider this: you will become an expert in your subject while teaching others and you will also get a decent amount of money in return.
The best thing? Tutoring can also take place online. Dig through sites like Upwork, Fiverr, or Craiglist, where you can meet potential clients.
If you want to boost your income, practice first the art of saving. By learning how to be smart with your money, there is a higher chance that you get to enjoy your future income more, but how can you save money exactly as a student?
First, adhering to a budget you make can make all the difference when saving. By tracking your spending and living on a budget, it will help you be more responsible with your money.