Along the same lines as donating plasma, young and healthy adults could donate their sperm or eggs for money. Donating sperm doesn't command much, but it can be a small supplement to your income. On the other hand, donating your eggs could earn you anywhere from $10,000 to $15,000. However, there's work involved in the process, and it's not painless.
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.
Once you have a little bit of money, you need to start investing it. The goal, of course, is to turn your investments into a passive income stream that will pay you for the rest of your life. It doesn't take much to get started. You can get started investing with as little as $1 with these free investing apps. Then, add another $100 each month and you'll grow your nest egg into something powerful.
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.
Parents have a natural inclination for tutors who have studies from the same the same school as their child's. You can use this to your advantage if you are living with your parents. Alternatively, you can register yourself for giving tuitions online and find interested people. You can also teach things to your peers or juniors at college and charge them money for it. Keep your rates lower than professional tutors so that students see an advantage in studying from you.
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 have a yard or some space to grow food, you could grow items to sell to your friends and neighbors. If you have enough space to grow a lot of food, you could even join a Community Supported Agriculture – where local farmers and residents pool together to buy and sell fresh produce. This may not make you a millionaire, but if you have enough to sell consistently, it could be a great income stream.