Living in India one finds earning money difficult, the reason being there’s a critical pressure of career and curriculum as well. My own personal experience holds a similar story of a hectic schedule whilst carving my way to earn my pocket money and managing graduation studies. It all depends on one’s priorities and the kind of work he/she is capable of doing, whether the choices have the positive effect on his/her living or not. I have dealt with numerous questions from youngsters regarding how to earn money in college life and have written a write up regarding the same previously yet, the same doesn’t fit in with the Indian students. So here are 9 best and proven ways for an Indian student to earn money in college life:
In addition to interacting with friends and strangers, social networking platforms like Facebook, Twitter, Instagram, and Snapchat can be used to make money. Companies and popular brands pay social media strategists to further boost the popularity of their products. With lots of competition around and the constantly shortening of attention time of online viewers, creativity is essential to create posts, videos etc that can go viral quickly and enhance the brand value. Remember, social media needs dedicated time and energy to stay relevant. Hence, you need to share posts regularly and interact with your followers on a regular basis.
You can either organize a yard sale yourself (which is kind of a hassle), or better sell the items through ThredUp, which will pay somewhere around $2-$25 for staff from Gap, Banana Republic, H&M, etc. You can browse around to see how much different items are worth. The best thing about ThredUp is that all you need to do is pack your clothes in a box and then just ship it to them (shipping costs are covered by the company).
19. eBay – Of course you can’t read an article about making money online that doesn’t mention eBay. You can start an eBay store and get serious about it or you can just sell some stuff to declutter your home. Either way, I’ve made my fair share from selling on eBay and it’s still a popular way to earn money. If you decide to start an actual eBay store, you’ll want to find a drop-ship business like Doba that will store and ship items straight to your customers so you don’t have to deal with an inventory.
You can create a blog in a 7 easy steps. Choose a domain name that relates to your blog and registrar it with a reputable domain registration company. Design your blog yourself or hire a freelance web designer to do it. Buy hosting service to publish your site on the Web. Promote your blog using various marketing channels. If you write quality posts on your blog on a regular basis, you will be able to attract a lot of users to your blog. Students can run and maintain a blog in their spare time. A blog with a steady amount of traffic can earn a solid side income regularly.
mTurk is a marketplace where freelancers and developers can do the work posted by businesses. Businesses require humans to do thousands of small tasks online and information about these tasks are posted online. Tasks are divided into HIT’s and the amount of money you can earn per HIT varies from task to task. An example of a sample task is to extract items from a shopping bill and add up the items in an excel sheet. Doing this can earn you as much as 5 rupees for a task and it takes less than 3 minutes to complete it.
Freelancing is the next best thing to being paid more for your full-time work, because professional work always pays more than unskilled. To find opportunities, let former colleagues or other personal connections that you’re available for freelance gigs. (Here are some ideas on how LinkedIn could be useful for that.) Or, post on marketplaces particular to your field. For instance, Mediabistro, a journalism site, allows freelancers to post profiles of their experience and services. Though these are more up to chance, designers can bid on jobs at 99Designs.com or submit a design at Threadless, to see if it will be crowdfunded. Elance-Odesk also lists many freelance opportunities, and you can also post your own services on Fiverr, although some freelancers say these services create a race to the bottom on fees and so are not very lucrative. If you're new to freelancing, here's how to set your rates, and here's how to negotiate raises with clients.
One of the best ways for students to earn some extra cash is by doing small tasks or offering small services to businesses and people on a microgig site. There are many reputable microjob sites you can join to advertise your skills and services by posting any job that you can do or service you can sell for a fixed amount of money for each job done or service provided. You can use microgig sites to offer different types of freelance services or to do different types of jobs via your computer. You can post microgigs to offer various services such as
This book argues that leading companies don’t succeed by battling competitors in “Red Oceans”, but by creating “Blue Oceans” where they have uncontested market space to grow. It goes over case studies like “Cirque Du Soleil” who created a blue ocean by creating a circus platform that didn’t include animals or more than one act on at once but instead, decided to focus on talented performers and music who created a mystical storyline.
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.
29. Videos – This could be an entire section on it’s own. Many people have made money by creating YouTube videos. Evan of EvanTube is a kid and he has made millions by creating reviews of products that other kids his age would use. It’s not easy to get views into the millions, but once you do, you’ll start seeing some cash come in. Many bloggers have completely turned to videos to get their point across by starting a video blog.
You can negotiate the rates with your employer and oDesk ensures your wages are paid on time. This is the famous oDesk guarantee, which has made the website a favorite among freelancers. When you first register on the website, you will be required to complete a few tests before you can bid for projects. Majority of the projects on oDesk are done by Indians, Pakistani’s and Bangladeshi’s, while those who post work are mainly from the United States and Europe.
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.
Apply for new scholarships and grants. A lot of students think that they are only eligible for funding when they initially apply for admission. This is a mistake! There are often new scholarship opportunities for upperclassmen, though they aren't always widely advertised. You may also be able to apply for external scholarships or grants, which are offered from groups outside of your school.