How to supplement your income as a student

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When you’re in full-time education, it can be hard to juggle your studies whilst earning some additional spending money. We’ve previously written a two-part series on how to earn money as a student (find part 1 here and part 2 here), so this month we’ve found even more ways for you to supplement your income.

 

Freelance work

Whether you’re a dab hand at audio transcribing or you’re keyed into the nuances of graphic design, there are plenty of websites that enable skilled users to set up a freelance side hustle.

Websites such as Fiverr, PeoplePerHour or Upwork are all easy to register with, and host everything from paid hourly work to larger, part-time assignments.

However, it’s important that you read the terms and conditions of the website before you sign up. For example, Upwork (a merger of Elance and oDesk) will charge a 10% of your final transaction amount.

 

Sell your old notes

You might have heard horror stories about websites that offer to write you a full academic essay guaranteed to get you a First or a 2:1, this isn’t what we’re talking about.

There are websites that enable you to sell your older notes from lectures to students who may need a little extra help or those who are in the year below you.

Websites including Notesale let you take your notes and upload them. Once they’ve been uploaded you set a price and get paid through the website. This gives you the opportunity to not only help others, but make a little bit of passive income too.

 

Volunteer for research

Now we’re not saying you have to spend the next three weeks of term surrounded by white-clothed scientists grimacing at giant needles, so don’t worry.

Most Universities do ask their students to take part in non-medical research throughout the year, especially if there are courses that have to use human subjects for their research.

For example, you may be asked to take part in a study group and discuss your attitudes towards climate change and eco-living, or you could be asked to listen to a playlist of music and discuss the emotional responses you have to each song.

 

Tutoring

Whether you’re in your final year and teaching students in their first, or parents are asking you to teach their younger children, tutoring can be an easy way to supplement your income whilst you’re a student.

Why not consider advertising your expertise and services on local Facebook groups, or promoting yourself at a local school? However, if you’re not up to walking around your local area, then there are websites available such as FirstTutors.

These websites let you add in your specialist subjects, including a brief bio about yourself and the fees you charge. Once your profile has been completed, people looking for a tutor can get in touch with you about your services.

If you’re in your final year you’re going to be extremely knowledgeable, so why not share your expertise and earn money at the same time?

 

Renting (your stuff)

It’s not all about renting a spare room in a student house. There are websites where you can sign up and rent out your possessions to others. For example, if you have a large collection of handbags, then why not check out The Handbag Rental?

If you have a sofa, vacuum cleaner or other electrical equipment you don’t use, then you might want to take a look at websites such as Rent My Items? From electric sanders to sewing machines, bicycle carracks to 3-seater sofas, there’s plenty of everyday items you can rent out to supplement your income.

 

Youtubing

We all know that Youtube is filled with cat videos and CCTV bloopers, but if you have a specific skill set, why don’t you start up your own Youtube channel. Even if you’re summarising the notes you’ve made during your lectures, people will happily watch you impart your wisdom for a few minutes.

 

 

So there we have it, our top ways to supplement your income as a student. What do you think? Have you or a family member found a unique way of earning a little extra cash?

If yes, then we’d love to hear from you, so please do let us know in the comments below.

Alternatively, you can find us on Twitter here or on Facebook here. We’re always updating our followers with practical money saving tips, so we’d love for you to join the conversation.

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