Have some extra space in your home? Turn that extra bedroom into a “bed and breakfast” room. If you live near any sort of tourist destination, you can try your hand at renting out a room through Airbnb or CouchSurfing.com. You may also find paid hosting opportunities in your community: Sign up to host exchange students, visiting professors to a nearby college, or hospital patients receiving long-term treatment.
A traditional way of earning money in your student life is selling your old notes. This is a one-time money making way yet this can be extended putting in some efforts. Students are always searching for someone who would write notes, make presentation, assignments, practical files and projects for them. This can be your mean to make money and somewhat gaining knowledge as well. Writing notes for students can be paid in accordance to one page basis. This was something a fellow mate in my college use to do and he made some decent money for the same. ClearSlide, Prezi, and Slideshark are some other platforms for making impressive presentations that will help you get paid. There is one flaw in the Indian education system, that is, students can always copy the projects of former batches which presents us with a new way to make money. Utilising the contacts, one can also come up with small shops like the ones which take orders for making presentations, working models and charts. This will also polish, the student’s skills and earn him/her a good pocket money.
Finally, if you want to continue to make money beyond college, and setup multiple income streams for the future, you should always reinvest some of the profits into your business to make yourself more profitable. This is how you build residual income. How much more money could you make each month if you advertised your business? What if you hired an assistant to handle some tasks so you could focus on others? Reinvesting in your business is a smart move to make more money in college and beyond.
Udemy has a revenue system which dictates that if the students enroll using instructor coupons, the instructor gets to keep 97% of the revenue share. However, if the students enroll without using the instructor coupons then the website gets 50% of the revenue while the remaining 50% goes to the instructor. So, the more students you are able to attract, the more money you stand to make.
This is the best way to boost your earnings, as you have the most leverage at the moment that a company wants you but isn’t sure whether it can get you. Use that to your advantage in negotiations. Another benefit of getting a bump up when you switch jobs is that the percentage boost will be baked into all your future raises, elevating your lifetime earnings. Here’s how to negotiate your salary.
Did you major in a subject like English, history, or math in college, or do exceptionally well on the SAT exam? Do you have patience with children? If so, you likely have what you need to tutor kids in particular subjects. Seek out parents or teachers and let them know that you tutor students in a certain subject, and offer materials for them to share, and phone calls will often trickle in. You can get going locally or expand across the country by offering to tutor online.
Search for freelance writing and editing gigs. The rates for these jobs vary: you may be paid by the word, be offered a flat rate for a project, or in some cases can be paid an hourly rate. You typically won't be able to retain copyright over your work or collect royalties, however. Even so, by doing freelance work you can build a portfolio and make valuable connections which may later pay off with more stable job opportunities.