If you live off campus and have a yard or can get permission from your school to use communal open space, organize a yard sale with your friends and roommates, maybe even your dorm community. Use the cash to throw a “Yard Sales are Awesome!” party. Realize you spent all your money on the party. Repeat as needed or until you run out of stuff to sell.
That’s my plan. No kids, no spouse, parents deceased. I’ll never be able to retire. On PSLF, but forgiveness not approved until 120th payment. Many are not being forgiven now. I take courses to stay in deferment. FedLoan bases payment on gross; not net. How does that make any sense?! After bills I can’t afford the payment. I have 3 grad degrees. Was supposed to be a psychologist. APA & NCE won’t accept my 15yo degrees for the national exam. So I teach at a CC. Over 180,000 in debt now and it grows monthly.
Not only will you be helping meet a critical need, but those pints of plasma or bags of blood can earn around $20–$50 each (and you may even be able to donate multiple times per month). Never donated blood? You’ll have to answer a few questions, meet blood donation eligibility requirements (check out the Red Cross donation guidelines), be cool with needles, and have anywhere from 20 minutes to an hour to spare, depending on the wait time to sit down with a nurse. Plasma donations are a bit more involved: you could be hooked up to two needles (depending on the machine), have little mobility, and it takes about one or two hours total—but you’ll probably spend that time watching a movie surrounded by lots of nice nurses! Just be sure to take it easy after donating and replenish your fluids with lots of water and juices.
These part-time positions are only available to college students. Beyond that, no specific experience is required, but students studying nursing, medicine or psychology get bonus points. Other requirements for Papa Pals include a reliable four-door car and appropriate car insurance. All applicants must be able to pass a thorough background check, and the approval process takes between two and 10 business days.
Another great way to earn money online is to become a virtual assistant. A lot of people and businesses are looking to outsource “assistant-type” work, such as responding to emails, handling basic writing and organization, research tasks, and more. If you are looking to do this type of work online, consider becoming a virtual assistant and you could earn several hundred dollars or more per month.
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.
College can be a great time to learn the ins and outs of investing so you can become a smarter investor when you begin earning a full-time paycheck. If you don’t have the time to learn about investing, but want to get a head start on building a nest egg so you can retire early, Betterment is a hands-free way to earn regular dividends that can turn a $100 investment into $1 million during your lifetime.
If you're crafty, you should consider selling your stuff on Etsy. Etsy is designed for handmade goods – including stationary, greeting cards, household crafts, and more. The great thing about creating these types of products is that you can do it in your spare time, on nights and weekends. And creating many of these products doesn't take up much space – so it can be dorm room friendly. Don't think there's much money in selling on Etsy? Well, this teenager paid for her college by selling crafts online.
If you own a home and have extra space you're not using in your garage, or maybe a side driveway, you could rent that space to people that need to store their boat or RV. The website JustPark.com allows you to rent out your driveway or garage to others and collect payment online. It's very easy to use and a great way to make some extra money on a space you don't use.
If you're an artist, and consistently create paintings, drawings, computer animations, or anything else visual, you could sell your artwork online on a site like Deviant Art. Deviant Art allows users to upload images, and they can elect to sell those images as prints or even special projects like mouse pads and more. Whenever an item sells, the artist will receive 20% of the purchase price. Higher membership levels earn higher royalties.
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.