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10 genuine ways to make money and reduce your student debt

make money as a student

Going to University is expensive, that’s a given; however it doesn’t have to be that bad. Through the power of technology, lateral thinking and good old-fashioned elbow grease you can add some cash to your coffers and reduce your debt without the need to get a part time job. Below are the top 10 ways to make some extra money as a student while you complete your studies. You don’t have to do them all, but doing one or two could really help you through the financially frantic times ahead.

1.Sell your books, CDs, games & videos
We all have old textbooks lying around, maybe from school or university, or just books your aunty gave you for Christmas that you never read, or what about those CDs, DVDs and videos that you never use any more. So why not sell them? It might sound like too much hassle, but We Buy Books has made it nice and easy. All you have to do is enter the ISBN, they will value your books for you, you print off a pre-paid postage label so you don’t even have to go to the Post Office and they will pay you when they receive your package.

2. Become an Extra
You can earn around £60-80 for being one of those background people on second rate TV, which isn’t too bad given the fact you are effectively a living prop. Using sites like Be On Screen can get you on set and well on your way to getting your 5 seconds of fame (well, not that much fame). If you want to mingle with some Z-list celebs and get paid for it, this could be your ticket to more money.

3. Sell Your Notes
Put your hard work to good use; your built up hours of note taking and detailed charts and diagrams could gain you more than just a good grade. Sites like Notesale allow you take your notes and put them online for any students who need some a bit of extra help. The way it works is that you put up your notes and set a price and get paid through the website. So if you’ve worked hard and want to get a little something from it, by all means give this one a go.

4. Tutoring
Another great way to make money as a student is to put your academic expertise to good use and become a tutor. This money maker can be quite profitable, with the earning potential being about £25-35 an hour. If you like the idea of collecting the cash, you need to advertise your talents on job boards for locals to see or use tutoring sites like Preply.

5. YouTube
YouTube can be more than just a distraction filled platform teaming with cat videos and funny lip syncing parodies, it can also grab you thousands of pound. You probably didn’t know that you could earn some serious dosh as a YouTuber; for 1000 views you can earn between £1 and £5, meaning that if you get 50,000 views a month you’d be taking around a £100, and that’s just per 50,000. Getting into YouTubing is easy; get an account and start uploading videos, although being good at it is an entirely different kettle of fish. Being original isn’t even all that necessary, although unique content has more value. Remember that some of the big YouTubers are getting over a million hits a day and taking in over a million pounds a year.extra funding for university

6. Comping (competitions)
While not for everyone, this money making method can be extremely lucrative. It must be a hobby to really enjoy, otherwise you’ll be disappointed too many times for it to be worth it. Basically you enter a lot of competitions, hoping that you will win some prizes. While the rewards can be huge, you will have to get used to losing more times than you win. However, if you win, you could be winning big prizes. E.g. an all-expenses paid trip to Dubai for 2 weeks or a Ferrari. If you are considering giving this a go, have a look at this site to get better idea of how it works exactly and how to join the ranks of Compers; Competitions.

7. Mystery Shopping
It isn’t as cool as it sounds, however it can be a good little earner. The general idea is that you go to a shop and buy something specific and take note of the details of the purchase, and then you get the money back for what you’ve spent and can get paid for the job itself. This can be surprisingly fun , but requires more thoughtful work, as your reports have to be thorough. The prices for a job can range between just a few pounds all the way to a hundred.

8. Review Music for Money
If you love music and would like to turn your passion into money then you can use sites like MusicXray to get some mullah for reviewing music. It’s a pretty simple concept; if you love music and don’t mind writing some reviews then this is for you; this method wont earn you much money but for doing what you love it’s not bad. If you are consistent you could be grabbing you up to £40 a month.

9. Ebaying
You can view this method as a serious way to make money as a student, or just a way to clear your house of your old stuff. There are people who have earned thousands through eBaying, however if you don’t want to take it as seriously you can just get rid of old stuff and make a little bit of side money. This little guide will help you with either of the options: Ebay Guide.

10. Freelancing
There are two big pros to being a freelancer; being able to charge what you want and being able to work when you want. A freelancer can be anything from writing a few times a week to earning over $100,000 a year. Websites like Upwork allow you to bid on a job (using both a written proposal and your price to win the job). Set up a profile and start earning.

If that isn’t enough for you check out some more ideas at Save the Student and Student Money Saver.

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