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.
Another popular site to earn money doing gigs is Amazon's Mechanical Turk. You get paid a very small amount per gig (sometimes as low as $0.05) but you can do these tasks very quickly. For example, you could be asked to identify a picture or type certain text. When I was in college, I used to do these gigs in class and earn money while taking notes.
Living in India one finds earning money difficult, the reason being there’s a critical pressure of career and curriculum as well. My own personal experience holds a similar story of a hectic schedule whilst carving my way to earn my pocket money and managing graduation studies. It all depends on one’s priorities and the kind of work he/she is capable of doing, whether the choices have the positive effect on his/her living or not. I have dealt with numerous questions from youngsters regarding how to earn money in college life and have written a write up regarding the same previously yet, the same doesn’t fit in with the Indian students. So here are 9 best and proven ways for an Indian student to earn money in college life:
Finally, if you want to continue to make money beyond college, and setup multiple income streams for the future, you should always reinvest some of the profits into your business to make yourself more profitable. This is how you build residual income. How much more money could you make each month if you advertised your business? What if you hired an assistant to handle some tasks so you could focus on others? Reinvesting in your business is a smart move to make more money in college and beyond.
Who actually goes to the grocery story or regular store anymore? It seems everyone simply shops online now. Before you make any more purchases online, make sure you sign up for Ebates. This service will allow you to get rebates on 1,000s of online shopping places, including Amazon, Target, and more. I've made $2,400 since signing up for Ebates! Check it out here.
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.
Reselling textbooks — This is a great way to bring in some money. When you’re done with a textbook, see how much it’s going for online. You can even compare that price to what the booksellers on and around campus are offering, and see which one gets you the best deal. (Buying used textbooks online is also a great way to keep more money in your pocket each semester!)
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.
While this trend is not so famous in India, you can go for it if you really want to earn money. Try to convince your parents by telling them it just a way by which you can earn money to be able to afford things without having to ask them for it. You can apply for job at McDonalds or other eating outlets and fix working hours according to your college schedule. This will allow you to earn a good amount of money besides getting you a chance to get free or discounted food as well.
This is one of my favorite "most unheard of" ways to make money - especially for college students. Being a Loan Signing Agent is a great way to earn money in college because you can make $75 to $200 per hour working for yourself on your own schedule. Students can be signing agents and earn extra cash when they want. The best part is you need nothing more than a notary commission (which can often be attained by simply filling out an application)!