Freelancing — Probably one of the best ways for college students to start making real money for themselves from the dorm room is by freelancing. By offering a freelance service you can do online, you give yourself the freedom of setting your own workload and schedule while meeting the very real (and very valuable) needs of other online entrepreneurs. Freelancers can be writers, editors, graphic designers, virtual assistants, web designers, and more!
Every college student possesses some unique skill set and based on that they make money online with micro jobs websites. Micro tasks include works like review writing, blog commenting, social networking sites and forum posting amongst others. These websites are a good place to start with and they could expand their knowledge and experience from there.
Similar to e-commerce websites such as Amazon and OLX, a peer-to-peer (P2P) platform is a marketplace for money lending activities. You can lend money to others in a more organised and structured manner using the P2P lending platform. The P2P platforms have the recovery process in place and one should understand it before using the services of the platform. Since this is an unsecured loan where there is no face-to-face interaction, a P2P lender needs to be aware of the risks involved. Currently, the interest rate earned can be anywhere from 13 percent to 30 percent.
On your journey to becoming a millionaire in your 20’s, there will be many people trying to manipulate you into doing what they want. This international bestseller by Robert Greene is the widely read by those in the entertainment industry because of its dog-eat-dog environment. This book is a must-read for anybody who wants to claim power and keep it. it’s a fun read that tells the story of some of the most powerful people in history.
I recently met a woman who earned quite a bit of money as a very part-time chef. Once a week, she would go to someone’s house and prepare a homemade meal for their family, then do all the dishes and cleanup work. This gives the family plenty of together time, while putting some cash in the woman’s pocket. If you love to cook, this can be a great opportunity, but you may have to put a lot of effort into searching for clients.
Reselling textbooks — This is a great way to bring in some money. When you’re done with a textbook, see how much it’s going for online. You can even compare that price to what the booksellers on and around campus are offering, and see which one gets you the best deal. (Buying used textbooks online is also a great way to keep more money in your pocket each semester!)