The rise in internet usage has brought numerous opportunities to many students. As a University student, there are many ways you can make money online. In this guide, we will show you how to earn extra dollars online, thereby reducing your dependence on student loan.
There are quite a number of ways in which a student can make money online in between classes and normal social life. The good news is many of these online opportunities are not complicated and require little or no start-up capital.
- 1 How to Make Money Online As a Student
- 2 Freelance Writing
- 3 Online Trading
- 4 V-Logging (Starting a Youtube Channel)
- 5 Affiliate Marketing
- 6 Start Your Own Blog and Websites
- 7 Social Media Management
- 8 Sell Your Notes and Make Money
- 9 Sell GIGS On Fiverr
- 10 Buy and Sell Domain Names
- 11 Mystery Shopping
- 12 Write and Publish A Kindle Ebook
How to Make Money Online As a Student
The first step in making money online is called “RESEARCH”. This simply means looking on the internet for online opportunities. The number of online opportunities is almost equaling that of offline opportunities.
Secondly, you need to devote your time and energy to learn the basics of any of the online venture that you have learned (i.e from step one). Then get your idea off the ground and don’t be afraid of starting small.
Having said that, making money online is a gradual but fruitful process. So, if you have been looking for ways of making money as a student, here are 11 proven ways of making money online as a student.
As a student, if you familiarize yourself with different writing styles, you can make money online from it. You could start a lucrative freelance writing job with a newspaper or content provider for a media house.
If you have the flair in writing, you could explore campus-based issues and interview your colleagues about their campus and love life. They are a lot of leading websites that connect freelancers with potential employers with good and catchy pay.
A good place to start is Guru.com, a leading website that connects freelancers with potential employers who want to pay them for their services.
Online marketing is simply the act of buying and selling financial products via a digital trading platform to a potential customer. This online platform is normally provided by Internet-based brokers and is available to everyone including students who want to make money from the market.
A good way to start is iFOREX which provides a variety of financial products including shares, commodities, indices, and forex.
V-Logging (Starting a Youtube Channel)
Starting your own youtube channel is one of the easiest ways of making money online as a student. Starting a youtube channel does not require any startup capital. Amazingly, Youtube gets more than 5 billion views per day which proves to be a powerful way of making money online.
You could start by creating videos like shooting comedy clips and films, and shooting events happening around your campus.
Affiliate marketing is performance-based marketing in which businesses reward a certain percentage of commission for each product bought by the customers who were referred by the affiliate marketing effort.
Start by sending the links to the products to friends and family to share on their pages to create awareness and boost sales.
This online money-making opportunity is best for people who have persuasion skill and like to talk and write.
Start Your Own Blog and Websites
As a student, you could start your own blog and website. Blogging is one of the easiest ways of making money online in between classes.
Unlike many other jobs that require a lot of time, blogging is quite different because you can work from anywhere, anytime. Blogging is flexible and profitable.
Importantly, it takes time for you to start making money from blogging. So, strike a balance between your academic activities and blogging and also explore other online money-making ventures.
Social Media Management
As a student, you can make good money with your social media page. If you build a reputable brand as a social media influencer, you stand a chance of making money.
You can use your social media page to market products, and run an advertisement for companies while charging them a huge but reasonable amount of money. You could also be employed to manage social media pages for brands by increasing engagements and helping them to gain followers.
Sell Your Notes and Make Money
As a student, you can actually sell your notes and make money from it. There are some online platforms out there that you can upload your notes to, along with a price tag, and then when another student downloads them you get paid.
Sites like Stuvia & Notesale are free for you to visit to list your notes but tend to take a cut off your profit in order to handle the marketing so that you don’t have to go out there and promote your notes yourself.
Sell GIGS On Fiverr
As a student, you can make a living by selling gigs on Fiverr. Fiverr is the leading marketplace for services starting at just $5. Lots of people buy and sell services (and also products) every day through Fiverr.
The available services range from business promotion, social networking and advertisement to funny videos, graphic design and translations to mention just a few.
These offered services are called “GIGS” on Fiverr. You can find almost anything you need. People from all over the world visit the site to offer their services and expertise.
Buy and Sell Domain Names
A domain name is just a website address (eg. ‘ghstudents.com’ or ‘www.ugstudents.com’) and there are lots of extensions (.com, .net, .org, .co.uk etc).
They cost as little as £1.99 to register with 123-reg.co.uk or GoDaddy.com yet premium domain names can fetch £1,000s if not millions when sold on. In 2007 VacationRentals.com went for a cool $35m!.
Now you’re probably not going to come across anything like that, but you can still turn a quick profit with a bit of searching. The trick is to find available domain names which have some commercial value, snap them up and then list them for sale on a site like Sedo.com.
You can also make money online by becoming a mystery shopper. We’ve recently come across a really fun smartphone app called Roamler that pays you in cash for completing various tasks in your local area. So definitely check that out first!
More traditionally, there are plenty of agencies that pay you to visit all sorts of shops to feedback on how they are performing.
Write and Publish A Kindle Ebook
Writing and publishing an ebook on Kindle is another simple but rare way to generate consistent passive income online as a student.
With the Amazon Kindle Store, anyone can write and publish an ebook and make money from it. The Kindle app is now available on almost any device so your global market is huge! List your book for £1.49 – £6.99 and you earn 70% of the sale.