During my years as a University students I have been searching and researching on the best ways to make money online as a student. On this page you’ll find all the best ways to make money in your free time whilst you are studying at university based on our own experience and research. We’ll keep posting more content to help you make money whilst you are studying. And please do share your own ideas in the comments!
- Forex Markets Trading
The truth about Forex trading is 90% of retail traders loss money. Trading Forex can be very lucritive if you master the art of trading and market analysis.
Today there is no need to fund the yachts of Wolf of Wall Street style stock brokers. You can do it all yourself with the help of online market trading platforms. Having spent many hours researching this new opportunity, I’ve been experimenting with the popular platform Exness and AvaTrade. These brokers are well known and redulated in multiple countries making them safe and trustworthy.
Another option to try under is copy trading and options trading. Both Exness Social Trading and AvaTrade Copy Trading over copy trading whereby you simply copy other trader’s trades and profit whenever the trader makes profits. To trade options you need to you a different platform which is offered by Iq Options and AvaTrade Options as well as other brokers. The good news it most brokers offer practice accounts to help yyou test your trading skills and learn to master trading: AvaTrade Demo Account.
https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js2. Online surveys
An increasingly popular way for students to make money is to fill out online surveys in their spare time. Research companies are always recruiting new members worldwide to answer surveys and test new products.For a few minutes of form filling, you can make a couple of quid which is paid as cash or rewards. You can bag up to £3 ($5) for some surveys!
A few good ones to try are: Toluna, Branded Surveys, LifePoints, InboxPounds, Onepoll, i-Say, Opinion Outpost, Populus Live, YouGov, Pinecone, Valued Opinions, The Opinion Panel, Prizerebel, Marketagent, Mingle, Opinion Bureau, SurveyBods, Panel Base, Survey Junkie. Also sign up for Swagbucks which rewards you for surveys as well as simply surfing the web, watching videos and playing games.
3. Create A Website
You might have heard about passive income being the best form of income. Interested in generating passive income? You need a website or a blog and then generate traffic into your website. This is the best way to make money while you sleep.
Starting a website with WordPress takes less than 20 minutes, costs hardly anything and can be done by an 82 year-old. It only takes a bit of plugging on social media to get your first visitors, and there are plenty of ways to monetise your site. Google Adsense is one way to monetise you website or blog. There are many successful website created while at university and today have grown to sizable businesses. A website or blog is really one of the best assets you can have.
4. Affiliate Marketing/ Influencer
If you’ve got a good presence on social media or perhaps you even have a blog or website, you can start bringing in money immediately by promoting all sorts of companies, products, services and offers online. Many businesses and companies are looking for people to help them grow their brand’s awareness.
https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.jsSign up as a publisher on the Awin network, check their offers blog or browse the merchant listings to find something you think your friends would be interested in, grab your affiliate link and share it on all your social media platforms. If someone buys (can be valid up to 90 days) using your link you’ll earn commission on every lead you bring. To take it a step further, set up a website (read our guide) or a Facebook page and invite all your friends to join it and post your affiliate offers on there.
5. Tutor
If you are good at a particular subject or language becoming a tutor to other students is easier than ever. Years ago the tutoring market was limited to local face-to-face sessions, but thanks to online tutoring sites you can go global in a matter of seconds!
Udemy is one platform that allows anyone to create an online course (on literally anything they want!) and get paid passive income forever after as users take the course. You can expect to earn upwards of £10 an hour, and you don’t have to be highly qualified to tutor younger GCSE or even A Level students. Get started and search online for guide to making money as a private tutor.
6. Peer-to-Peer Lending
‘Peer-to-peer’ lending is the next big lucritive business and the future of banking. It cuts out the middle-man, passing on higher interest rates to you and cheaper loans to borrowers. And it’s all managed online from the comfort of your home. Think of how many times you needed a fast, small cash loan and did not get it.
Founded in 2005, Zopa is the most established P2P site. Today they have over 60,000 active investors. You can expect to achieve up to 5%-10% fixed return, depending on how long you choose to lend for. As with any traditional bank loan, there is some risk attached to peer-to-peer lending.
7. Become A YouTuber
According to recent stats we now watch more videos on YouTube than searches on Google. And with the recently introduced YouTube Partner Program you can now profit from making and uploading videos. You will receive a percentage of the advertising revenue collected per 1,000 views. This is a fun and lucritive idea but will require some form of investment such as time and creativity to create and post interesting videos.
https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.jsDepending on how successful you are (virality, subscriber base and topic) you can make a lot of money, and there are plenty of stories every week of more and more YouTubers making it their career. You too can take over this wide open oppotunity if you can upload content that can go viral and get you more subscribers and video views.
8. Bitcoin and cryptocurrencies
Over the years Bitcoin and Cryptocurrencies have grown rapily and made many people who bought it early when it was starting out millions of dollars. This does not mean this market can is no longer profitable. Like the forex market, Bitcoin is still traded and is growing as more and more people are investing into crypto. Cryptocurrencies are one investment oppotunity as a student you can take advantage of as they are fast growing and lucritive.
Please don’t rush into buying Bitcoin to make money. It’s really important to know what you’re getting involved with and the risks involved in trading crypto. Read our how to buy Bitcoin tutorial which explains everything you need to know.
9. Write and publish a Kindle eBook
If students are good at anything, it’s researching and writing. With the Kindle store, anyone can publish an eBook and make money on Amazon. And the Kindle app is now available on almost any device (laptops, iPads, smartphones and yes, Kindles) so your global market is huge! List your book for £1.49 – £6.99 and you earn 70% of the sale. Considering Amazon is the ultimate selling machine (and remember people are looking to spend), that is a fantastic deal.
The key to success with eBooks is to create value, and write non-fiction. Simply bundling information you have researched and compiled on a common problem (eg. ‘secrets’ to finding a job) and then presenting it in an easy to digest format (an eBook) justifies someone spending a few quid on it.
Another big tip is to have a great cover designed so it stands out, and once your book is live on the Kindle store it’s really important to get some reviews so it shows up higher in results. Encourage readers to leave an honest review at the end of your book.
The best thing about this lucrative idea is that once you’ve invested the time (say 20 hours), you’ll earn a passive income for years to come! For more tips see our guide on making money from eBooks.
10. Find A Part-Time Job
A part-time job is the obvious first choice, opted for by most students looking to supplement their student loan. It provides a pretty steady flow of income and can enable you to gain valuable work experience.
It’s also worth signing up with CV Library, a free service which will match your CV with suitable part-time jobs and career opportunities.
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