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.
Do you have a great idea for a product but don't know the best way to go about creating it? Well, you could submit your idea to Quirky. They'll screen your idea, and if they like it, they'll either develop it themselves or in partnership with a major brand. In the end, you'll get a cut of all the sales from the final product. For some inventors, this has only earned them $1,000s, but others have earned $100,000s through the platform.
Blogging is a great side hustle because you can do it at your own pace anywhere you want. It's not a quick and easy way to make money, but there are a lot of ways to make money side hustling while blogging. You can sell advertising, become an affiliate for other people's products, sell your own online product, and more. It does take time to build up an audience to be able to make a decent amount of money, but once you have a large following, you could earn over $15,000 per month or more (we do).
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.
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.
Well, this is a business itself, the student can buy something and sell if with a profit margin. The thing can be stationary(books, pen, pencil, notebook etc), which is much required by the students in a hostel or campus; a food item (especially Maggi at 12 am) or some en-clothe and many other things that you might feel required for the vicinity population. This can be a mini business and can earn a good amount if intelligently and thoughtfully persuaded.
This kind of work is executed in almost every city, and we call them ‘retail shops’. So, here we will come up with the same in our college, a tip for this is; ‘wholesale market’. Buy a bulk of stationery or any other stuff you think that can be used in your college and would be of major use to the fellow survivors, and sell it for the market price or a little less if it brings profit.
One of the most commonly explained and followed way, but usually never make properly comprehensive to the reader. When we talk about blogging, it’s acquiring a domain and writing on a specific niche. If you can pen down your thoughts in a specific genre, this is your thing and advertisements like Google AdSense can be a good way of earning money through blogging whilst if you are just a new registration with nil followers and viewers, this will bring no help. In India, most of the people make a mistake by considering writing articles, after going through different website contents regarding that topic as blogging. It indeed takes hard work and is also time-consuming for anyone to take reference from far-famed websites, giving a new explanation to the points they explained, and after all this, awaiting AdSense approval. This usually doesn’t work well and declined by Google, which makes the writer quit sooner than one can think. To have your content be treated as a quality source of information by Google, one needs to maintain ingenuity. There are many things in India which are not discussed by other bloggers, one can write over those issues using a personalized point of view and research in college. Talking about current issues, genuine problems of student life, a specialized research topic, and what not can be written about. When I speak about blogging, which I have myself done; I talk about people who have something unique and veritable to write about. There is a way of expressing, wielding a phrase, and making choice of the topic which will interest the reader. It requires patience to generate followers and viewers.
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!
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.
Have you ever seen those roadside stands around Valentine's Day and Mother's Day? You know, the ones selling flowers and treats? Well, that could be you. As a college student, just head down to Costco and buy some flowers and holiday candy. Then, get permission to setup a stand near a busy intersection or on the side of a road. You'll double or triple your initial investment every holiday.
Talking about another example here, a senior of mine in some other college had some financial trouble at home. Paying the college fee was somehow, becoming arduous hence, he thought of a way to teach youngsters piano, which he had learned 5 years before. In his after college hours, he gave lessons which earned him 700 per students. Within a month 20 students enrolled in his classes.
Do you enjoy fast food or going into retail shops? Many companies hire mystery shoppers to test the customer service of their stores. A common one is Subway, which hires mystery shoppers to ensure that "Sandwich Artists" are following all the franchise guidelines. If you have time and can travel to different places, this could be a good side hustle.
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Everyone in this world has craving for some special food. And when you are young then definitely you will have more cravings. This can be a good money making opportunity. What you need to do is researching on what food is not sold in the cafeteria and then offer it to your classmates. For e.g. cakes are loved by most of us and if your cafeteria don’t sell cakes or dessert, it’s your chance to make it available and earn money doing this.
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.
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.