I came across this question, “How Do I Earn Extra Money On The Side While In School or Outside School?” my entire college career. When I was still in school, I was taking 18 credits (with 3-4 science labs), working in a research lab, and working a part time job 20 hours a week. I only knew of one way to pay for college tuition and fees: working a second job in the evenings and weekends. So I went into sales.
I sold fairly used and new cellular phones for TMobile, Alltel, Sprint, and AT&T. I did this for 4 years. The timing was perfect since the market was young and new customers were not uncommon during that time (cell phone bubble). When the Motorola Razr was worth 300 dollars back in 2004.
Anyways, this job was hourly + commission and I made a killing. I was making 15-18K a year working part time while in school. But jobs like this are hard to come by (I had extensive sales experience prior), and require a lot of effort. Nowadays, cell phone sales will not pay as well because instead of new contracts everyone is upgrading. There are 300 million cell phone users in the U.S. I wonder what it was in 2004?
So.. With that said. Say you are studying for the GRE or MCAT. Say you are doing an internship on the side. You’re really hurting on money. You don’t have time to fit in a second job. You didn’t qualify for work study. Or you are in graduate school and aren’t allowed to take on a second job. Or you simply just don’t have time. How can someone earn extra income on the side without having to put in 20-40 hours a week? Without having to put on a work uniform and put in the set amount of weekly hours on top of your already busy life?
Still wondering what IT Graduate Jobs Are? See This
1) Online Tutoring.
Yea that’s right. If you are good at something like Math or English you can get paid to be an online tutor. A lot of them will require you to pass a certification test. But if you do (and meet the requirements), you can earn money in your spare time being a teacher. That is if you like to teach and have the patience. The payout can vary, you can get $15 an hour and this can go up depending on assignments and prior experience. You can check out more here: http://www.homework-help-secrets.com/online-tutoring.html
2) Teach A Musical Instrument.
A lot of people grew up learning/playing piano, guitar, trumpet, etc. If you have 5+ years of experience, all you really need to do is buy a book on the musical theory. I did it for guitar. So not only could I teach the technique of guitar but also the theory to support it (I had to brush up on this). Payout (on a craigslist ad and other sites) was $10-15 for a 30 minute session. You set the price. Build your client base, reputation, and watch your income increase.
3) Sell Stuff On Ebay and Craigslist.
You’ve heard it before. But I took my parents old car rims and sold them for $200 on a 7 Day Auction. They were just sitting there taking up garage space. They said I could have all the profit. We also had some old cherry furniture and dinette set sitting in our garage. Sold that for $150 in one day. More cash in my pocket. Electronic items will also sell. Did you upgrade your cell phone? Sell your old one. If you have the box and manuals then you’re golden.
Don’t want to ship something? Sell it on craigslist. Once you get used to writing sales ads, it comes pretty natural. Just make sure you have the full description and take PROFESSIONAL pictures. Yes lighting, background, and presentation will make a difference in the payout. Even having the full title makes a difference (especially when it comes to keywords).
Selling on Ebay and Craigslist is not Rocket Science, but it’s funny how people are too lazy to sell their old stuff because they think it has no value or they say they “Don’t have time.” Even old furniture has a price. Don’t just throw your futon or couch by the dumpster if you need the money. You can post a Craigslist ad or Ebay ad in under 5 minutes once you have the pictures and description. Lack the description? Well that’s what Google is for. Get out there and do your research! Get the specs. Go on Ebay and see what stuff is selling for. Look at the completed listings. I have made thousands of dollars on Ebay and Craiglist over the past 10 years. I have sold stuff from car stereos to clothes to ram air hoods for camaros. And you can too. You can sell simple stuff on Craiglist or Ebay like your student season football tickets. It doesn’t have to be some big ticket item. The possibilities are endless.4) Get paid for your expertise or opinion.
We are all experts at something different. Say someone is an expert at waterskiing or snowboarding. Could they get paid to be an instructor? Yes. You factor in the time and the need for resources. Maybe you want to become a personal trainer because you are really into fitness (this does require certification). Maybe you speak a second language. Get paid to be an interpreter. You’re good at writing. Take it one day at a time. Write a book. Easier said than done right?
Only you truly know whether your expertise would have an immediate or more long-term payout. So you could invest your time to see payout later. Be a consultant. Teach a class. Be a coach. Be a photographer. You decide. Do you have the time to invest and what’s the risk/reward? If it isn’t feasible seek alternatives. Either way, pursue your passion and you can’t go wrong.
My Favorite One: Check Out Focus Group.com! If you take the survey by answering some questions (you fill out your profile first), qualify, and they pick you.. You’re in luck. Can range anywhere from $50-200 bucks for only 1-2 hours of your time. They do national studies as well as local (more if you are in a big city). I got paid $75 via a Visa Rewards Gift Card immediately after doing a 1-on-1 tobacco study. Getting selected is not easy, but when you do (if you do) it’s well worth it.
I’ve also heard of people getting paid to do online surveys. Although I’ve never really dug deeper into this as a way to make income on the side, I definitely think it is possible (from what I’ve heard). The only downside is that it is annoying and tedious. Check out sites like http://www.surveyspot.com/. I’ll leave it up to you to find which sites are legit. Make sure you set up a separate gmail just to send all the spam mail that you’ll get.
5) Start An Online Business.
Who has time, right? What happens is people think they have to do this all in one night. Or they need the idea NOW. If you want a successful online business it takes MONTHS. Sometimes years to even get it going. How do I know? I started my own online business while in graduate school. Back in 2009 I launched a site that sold various woodworking products. None of these products sold and that was after weeks of developing the website and paying for a dot com. People didn’t want to pay shipping. They wanted something they could see in person and buy locally.
So it seemed like I really had no marketable product or target audience, and that it was going to be another failed business. By accident, I tested the market with a sporting goods product (bean bag toss boards) and it sold the next day on Craigslist for $99. From there it led to a very successful business on the side (took one year to get established). 3 years later and it’s still going strong to this day. Sell whatever you see fit whether it is goods or services, it could even be developing your own iPhone app.
The key is consistency and to be persistent. It is wise to have an exit strategy, but don’t give up at the beginning, become impatient, or get easily discouraged. Now you may not be as fortunate as me and have the time to make products like this and sell them. In that case I’ll leave the idea up to you. You could buy products for wholesale and sell them for profit. This is not uncommon to buy in bulk (from China), add to the product features and sell it above wholesale.
I did this for cell phones and was an Ebay Powerseller for 2 years straight making 40 dollars on each phone I sold. Anything is possible when it comes to running your own business. Are you frustrated because the idea hasn’t come? That’s why you test it with a Craiglist ad. Test your market. A lot of times the idea can come by accident or when you least expect it. Forced ideas rarely work in my opinion. The best ideas are the ones that come when you least expect it.
If you do a Google search for ‘Earning Income While In College’ you will always get some list like ‘Top 8 Ways to Make Money.’ The site is littered with affiliate links and hyped up reviews. You have to wonder if the author even tried it for him or herself. Most likely they didn’t. Don’t waste your time. It is another example of a forced idea.
The best idea is your originality. That’s right. Stop giving plasma. Painting houses. Mowing Lawns. Doing Paper Routes. This is old-fashioned thinking. We live in a current day and age where you can utilize technology to your advantage. You just need to know-how. There are much better ways to make money and this brings me to my next point.
6) Get paid to be a writer.
Ever heard of Textbroker? If not, you have now. Get paid to be an author. You don’t have to be a professional writer. Typically, you can get paid close to 100 bucks or more for an 8,000 word article that you write (starting). As you build up your reputation and rating, you can get up to 5 cents per word. You pick the topic. The client sets the deadline and you have X amount of days to finish the article in your spare time.
Some people have also reported HubPages as a great way to earning money online. Every time you write an article or “hub” you can generate a large amount of traffic to your site. The more hubs and the more you grab your reader’s attention, the more hits you get. Then you can earn money through Google Adsense. HubPages has a very user friendly way of setting this up. I would look into it if you haven’t already and if you enjoy writing.
Credits to thegradstudentway
Hi. I’m the Founder of ITLab. I’m a Creative Art Director, Web Designer, Interaction Designer, Industrial Designer, Web Developer, Business Enthusiast, StartUp Enthusiast, Speaker, Writer and Photographer. Inspired to make things looks better.
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