Money and college students generally
go together like oil and water — it just doesn't happen. That doesn't have to
be the case for you, however. Several tips can help you make money and save
money while you're still in school without compromising your study time or the
quality of your education. Whether your skill is writing, photography or
serving drinks on the weekend, there are many options for college students to
make money to spend on "books" and "tutors."
Rake in Dough With Freelance Writing
Use your writing
skills to make cash by checking for freelance-writing jobs online. You can set
up accounts and bid on jobs at a number of websites designed to bring writers
and clients together. The toughest hurdle is getting your first job, UnitedFreelancers.net
says, but if you do a good job with it, others are likely to follow.
Make money off another skill The same steps for establishing
yourself as a freelance writer may work for cashing in on your other skills.
Perhaps you have a flair for illustrations, graphic design, website design or
event promotion, which can a valuable skill in college. Also, offer to run
errands, walk dogs or do other odd jobs for additional cash.
Try online money-making ventures A host of money-making ventures
are already online, giving students a way to cash in during their free time.
Taking paid surveys and entering sweepstakes can pay off in a big way, but
don't push your luck too much. Opening an online store is another option if you are an entrepreneurial
person. If you think you have a valuable skill of product to offer, who knows,
maybe your business venture may carry on after college — eliminating the
stressful endeavor of finding a job after graduations.
Invest in precious metals The value of gold continues to
skyrocket in the US. Such investments can be made through places
that sell precious metals and rare coins like US Money Reserve, or
other dealers. It's a good idea for college kids to learn how to manage their
money and make investments before being released into the wild.
Tips for Saving Money Saving money can be just as
important as making money when it comes to living
on a student budget. Some quick tips include:
- Buy used text books - Students spend as much as $1,000 on textbooks ever year, but you can slash that by renting books from the library or buying used books.
- Have a goal in mind - Set a goal to propel you to put money aside for a bigger purpose than your next cappuccino. Examples include a new car, student loan payoffs, a dream vacation or a start to your retirement fund.
Just as it's never too early to
start saving for retirement, it's never too early to make money off the skills
you already have. A college degree may give you an additional boost in the job
market, but with the money you make and save with these tips, you may be
perfectly fine until you get there.
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