Top Five Student Moneymaking Ventures

Finding ways to increase the size of your bankroll without cutting into your study time is one of the biggest skills a student can master. Of course, all students will eventually learn how to master the art of budgeting in order to save money for things that matter (like alcohol), but making money is a different skill altogether.

Because your time and resources are often limited, the road to student riches isn’t always an easy one to travel; however, there is a way. While taking a part-time role in your local pub or supermarket is one way to pay the bills as a student, there are other, less conspicuous, ways to add a few pounds to your wallet if you’re smart about.

In the following few passages we’ve picked out some of the best moneymaking ventures the internet has to offer. Although they won’t make you a fortune, each option does have the power to earn you a small amount of virtually risk free cash, which can then be used to purchase something you probably don’t even need – like a hangover.

Become a Trader

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Gone are the days when playing the financial markets was the reserve of old men in fancy suits. Thanks to the internet and the advent of online trading sites, you can now use your brain to speculate on the fortunes of various commodities. Using sites such as GFX or Tradefair, you can take a punt on thousands of financial options and rake in some healthy profits without much effort at all.

In fact, one of the main advantages of trading online is that you don’t need a lot of money to get started. Thanks to something known as leverage, you can trade relatively small amounts on some of the largest markets in the world. For example, a site such as GFX will offer leverage from 100:1 which means that for every £1 you invest, you’ll control £100 worth of currency.

Earn a Fiverr

by  shrff 

If you’ve got a skill, even if it’s something as naff as being able to say someone’s name, then you can earn money on Fiverr. The US site which recently began offering UK specific deals gives users the chance to pay as little as £5 for a service. While this may not seem like a lot of money, the top service providers often service hundreds of people a month which means you can make a healthy side income if your skills are in demand.

One of the best ways to earn money via Fiverr is to become a human billboard for people. Being a student you’ll naturally have access to thousands of impressionable young adults and this is often something a company will be willing to pay for. So, if you can talk or write, then find a way to become a walking advert for anyone willing to give you £5.

You Say, They Pay

by  .reid. 

Major online brands and creative types will often pay money for reviews. Whether you’re reviewing a website, a product or a song, there’s money out there if you’re bold enough to give your opinion on something. Although the amount of money you can make for each review is relatively low, the key to this moneymaking venture is volume.

If you can say what you think in the most efficient way possible, then you can make a few extra pounds each day with each. One of the best sites to air your opinions on is Slice the Pie. Dedicated to music reviews, this site has paid out hundreds of thousands of pounds to reviewers in the past and you can grab a slice of that pie.

Take a Virtual Spin

by  Jeff Kubina 

Anyone that’s ever had any interactions with the world of online gambling will know that if you’re smart about what you’re doing then there’s a lot of money to be made. Underpinning every casino game, from blackjack and roulette to poker and slots, is a set of numbers. Because everything is based on mathematics and expectation, there’s always a way to win if you play the game correctly.

One of the best ways to get started in the virtual casino world is by playing one of the hottest games – online slots. When you visit a site such as Karamba you’ll find that you can get 100 free slot spins when you make your first deposit of £10. Basically, if you can win something during these free spins then you’ll be on your way to making some free cash.

Money for Old Rope

by  j3net 

After your first year on the grind you’ll no doubt have a surplus of books and, while it is great to look at these with a nostalgic smile, these books have more value if you sell them. Using a site such as Amazon, you can get a few quid for your old textbooks.

Although you won’t get as much back as you paid for them, you can supplement your bankroll if you offer your unwanted pages. Of course, books without any markings in them will command a higher price then tattered old rags, so make sure you look after your books if you want to sell them in the future.

Making money as a student isn’t easy, but if you’re intent on avoiding a part-time position then there are plenty of ways to supplement your income using nothing more than your initiative and a computer.

Tags: moneymaking, student business

Category: Deals