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.
If you’re good with words, you might be able to find some work as an online freelancer. A variety of publications need online content in the form of stories, product or service descriptions, and reports, and if you have the talent and skill, you could easily be the one to create them. Fortunately, all you need is a computer and Internet connection to get started.
One of the best ways to get started investing in real estate is to buy a house in college and rent out the other rooms to roommates. One of my best friends did this – he bought a 4 bedroom house his freshman year and rented out 3 of the rooms. The rent from the roommates covered the rent and all the expenses, and he was able to pocket a small profit each month. By the time he graduated college, he had two rentals and a house for himself.
Great post, thanks for sharing. I have recently started researching android apps for a little side income. Because I find that the majority of newbie marketers get stuck at hosting costs. Especially in my area because of the exchange rate. And I have to agree that blogging is indeed an excellent way to make money online. But you’re quite right. It is a lot of work.
There is enough material available online to help create your own website. This includes choosing the domain, templates, and the design for your website. Once ready to service the visitors with the relevant content, sign up for Google Adsense, which when appear on your website and clicked by visitors help you make money. The more the traffic you get on your website, the more will be the potential for higher earnings.
Are you an interesting person or do you do a cool job? People are always looking for interesting people to officiate their weddings, and you could get paid for it. For example, if you're a skydiver who officiates weddings, you could get paid to host a sky diving wedding ceremony. Since most pastors don't do these extreme sports, it's a great side income for those that do.
Many gymnasiums will trade membership and often a bit more for a person willing and able to teach an exercise class. You can also find people who don’t want to go to a gym and train them at home as a personal trainer. If you’re in good shape, this is a great opportunity to earn some extra money, plus it can often lead to additional income with one-on-one instruction opportunities.
Barter your services with friends. Do you spend more than you'd like getting your hair and nails done each month? Do you have a friend who can't resist the pastries at the coffee shop or who pays for a personal trainer? Think about what both you and your friends spend money on, and then see if there's a way for you to barter and trade services with each other in order to save money.