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!
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Believe it or not, there is a company out there that is willing to buy your junk mail. The company Small Business Knowledge Center is looking for individuals to send in their junk mail on a regular basis – specifically they are looking for offers relating to personal finance, insurance, investing, and more. When you do this, they will reward you with points that can be redeemed for gift cards to over 200 different retailers.
One of your first options to make money in the area surrounding university is a part-time job. Most universities are located in areas that abound with retail stores, and therefore, retail jobs. There is also the option of a local pub or restaurant. This may require you to be a little more flexible with your schedule, but is a steady source of income.
Selling notes — If you take great notes in class — or you want to get better at taking great notes — look into StudySoup. This is a website that pays you for your class notes and study guides. The perks of this site are two-fold — by putting together great notes and study guides, you’ll be learning your course material even better, AND you can get paid to do it! If StudySoup isn’t available for your college, there’s still nothing stopping you from selling your notes to classmates directly, too.
Similar to investing, peer-to-peer lending is where you loan money to someone else, and they pay you back with interest. The great thing about peer-to-peer lending is that you can lend as little as $25, and your loan will get bundled into a bigger loan for the borrower. Each month, they'll pay you back principal and interest. You can snowball this initial investment into many investments because you get your principal back as well each month. Many lenders earn over 5%-7% on their investments. Check out Lending Club to get started.
Whether you’re giving feedback after watching some commercials or letting people study your brainwaves while you sleep, there are scores of social and medical researchers out there that welcome college students with open arms. That’s not to say you should embrace every opportunity, but new products need testers and there are plenty of low-level trials you can participate in. Start with the US government’s official clinical trial website, then try contacting local hospitals or companies directly. And college campuses are often full of students and professors hosting research, so look on your school’s website for these opportunities too. Word to the wise: if you earn more than $600 in your clinical trial adventures, you'll need to declare your earnings on your taxes. Also keep in mind that as the payment goes up, so too will the commitment—as well as the potential risk.
Being a college student and making money at the same time is difficult, but it depends on your attitude and flexibility to make this change. In addition to the above mentioned options, there are many other ways to earn money while studying. But the above listed ones are most common and tested by students worldwide especially in the United States and United Kingdom.
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Kinda like eBay IRL, clothing consignment shops are havens for the thrifty and fashion conscious. Take your old prom dresses, dress khakis, and other gently worn items and see what kind of cash you can get. (You can even bring in that new dress you've had for four years but never worn but keep saying you'll wear someday...it's time to let it go.) You typically won’t be paid until the items sell, but depending on the quality of the piece, you could earn a pretty penny. Though most consignment shops carry your favorite mall brands, you’ll also find some selling just higher-end stuff, so make sure you know what kind of merchandise the store is looking for.
If you have anything you don't use anymore, and it's too large to sell online, Craigslist should be your go-to place to sell stuff. In college, you may want to sell all your furniture before moving home from school at the end of the year. Depending on what you own, a few $100 might be better than storing it or transporting it back with you. It's easy to setup a listing and sell anything on Craigslist.
Freelancing isn’t all about writing, though it does include freelancing writing as one profession. Freelancer.com is one renowned site which connects freelancers to the marketplace, where their services are required. A freelancer is a self-employed worker in the fields consulting, journalism, writing, proofreading, event planning, software designing and debugging, copywriting, photography and so on. There are various online platforms that support freelancing whilst one can always look for freelancing jobs in the vicinity places. Elance.com is one website for freelancers and you can easily earn money from this website in India too.
Take advantage of your strong typing and computer skills. If you are a fast and accurate typist, if you are great at creating interesting presentations with sophisticated graphics, or if you excel at creating tables and graphs to represent data, you may be able to get paid to teach and help other students with their assignments and hone your own skills at the same time.