After the unprecedented changes and economic pitfalls that affected the world in 2020, many people have been left seeking alternative ways to make money. Finding effective ways to make money on the side has become more of a necessity than an option for many, with global unemployment rates and work hours lost, reaching staggering numbers. In total, over were affected by employment losses. According to the , 22% of employers withdrew internship offers for college students.
Thankfully, the digital space has opened up various avenues for college students to earn an extra income remotely. There are various profitable methods available to enterprising minds, and they don’t require one to leave the comfort of their home. All you need is a a laptop that is suitable for online college students and a vertical monitor for some of these jobs.
1. Start Selling on Online Marketplaces
- 1. Start Selling on Online Marketplaces
- 2. Manage Social Media Platforms
- 3. Become an Online Tutor
- 4. Learn Day Trading Online
- 5. Earn Income from Investing in ETFs
- 6. Invest in cryptocurrency
- 7. Start a Blog and Monetize It
- 8. Become a Freelance Content Writer
- How to Make Money Online as a College Student Summary
Do you have a desire to make crafts? Are you interested in making money through retail arbitrage? Is it possible for you to repair faulty headphones or mobile devices? Are you an expert at using Photoshop to create graphics? There are specialist internet marketplaces where you can sell your items.
You don’t have to limit yourself to one place to sell your stuff. Popular online shops include Etsy, RedBubble, Craigslist, Poshmark, OfferUp, Shopify, Society6, and other websites, such as Craigslist. They simplify the process of having a dedicated digital storefront and even connect you to potential buyers across the globe.
See our guide on The Easiest Items to Make a Profit Flipping
How To Setup a Shopify Store – Step-by-Step
How to Sell Stuff on Poshmark Fast
How To Setup an Etsy Shop for Beginners
2. Manage Social Media Platforms
Working for a social media management agency is one of the hottest online jobs right now. As corporations and individual content creators attempt to expand their reach, the need for social media services grows.
This may be an easy way to make money online as a college student if you are familiar with search statistics, writing compelling content, and maintaining good interactions with followers. Because social media platforms have taken over the digital landscape around the world, having a thorough understanding of the most well-known players like Facebook, Instagram, Pinterest, and Twitter can help you earn extra money.
If you’re good at managing social media platforms, it can be a Introverts will appreciate this low-stress, high-paying job.
Here’s a small video with several free online social media marketing courses.
3. Become an Online Tutor
Currently, eLearning is regarded as a significant resource for both students and advanced learners. Tutoring online for college students is an excellent side job.
There are numerous benefits to working as an online tutor in college:
- Save money on travel by not having to travel.
- There are no geographical limitations; you can teach a student from anywhere in the world at any time.
- Healthier There’s no need to be concerned about catching or transmitting any diseases.
- Flexibility Choose a schedule that fits your school calendar or your biological clock.
Examine various tutoring opportunities available on platforms that are looking for real kids that require academic assistance. You might also look at companies that specialize in teaching specific subjects, such as Cambly for English and StudyPug for Mathematics.
Consider online tutoring as a way to earn money if you are knowledgeable in a subject or activity and confident in your ability to teach others.
However, instead of working for a platform, you can publish an ad providing your online teaching talents and get paid via Paypal while working directly with students.
What are the best tutoring sites to work for?
The following are the top legal tutoring websites for making money:
- They see themselves as a marketplace for inexpensive school tasks.
- Tutors college-level students in approximately 400 subjects.
- Choose your own tutoring fee, which usually runs from $5 to $25 per hour.
- Employs tutors for pupils in kindergarten through college.
- It’s similar to Tutor.com, but it covers a wider range of topics, from piano instruction to Python programming.
See our guide with Places Where You Can Be Paid To Do Assignments For Money.
4. Learn Day Trading Online
This alternative is riskier than previous ways for college students to earn money. Before you can really delve in, you’ll need to do a lot of study. The exchange of financial instruments such as stocks is what day trading is all about. You try to profit from the volatility by opening and closing your investment position on the same day.
The big risks come with big rewards, but they can also lead to significant losses. A good example of this in recent memory is the Gamestop fiasco. Individuals who bought and sold the benefited from its sudden surge in the share price. While many made a decent profit, they also had to pay an increased amount of tax. You must understand the risks of day trading before you can try making money.
Here’s a beginner’s guide to Robinhood investing:
5. Earn Income from Investing in ETFs
Another approach to invest in securities is through exchange-traded funds, which are less risky than stocks in terms of possible loss versus profit. It’s a good idea to begin cautiously.
Beginners will likely have a much smoother process by first targeting more reliable types of ETFs. Though still volatile, are a place to start if you are interested in commodities, don’t want to own physical gold, are looking for liquidity, and a potential hedge against future inflation. Much like day trading, you simply need to open a trading account and pick the platform of your choice for transactions.
What are the best $0 commission brokers?
Despite the fact that online trading systems are identical, you want to discover the best zero commission broker to save money.
6. Invest in cryptocurrency
Cryptocurrency is seeing a new transition into the mainstream that is cementing its place in finance. Whereas it may have appeared to be a mysterious and unfounded financial innovation during its early years, cryptocurrency is now seeing record highs in its value as major commercial players are beginning to accept them as a form. Right now, the top cryptocurrencies are Bitcoin, Ethereum, and Cardano in terms of price.
The number of Bitcoin ETFs is expanding, and they include everything from genuine Bitcoins to derivatives.
Beginner’s Guide to Cryptocurrency Investing on Robinhood
7. Start a Blog and Monetize It
Setting up a blog to make money could be beneficial if you enjoy sharing your experiences with others and have a solid command of the written word.
The best ways to monetize a blog can include advertisements, sponsorships, affiliate links, and subscriptions. It doesn’t happen overnight, but it could become one of the best income-producing assets once you’re established and start driving traffic to your site.
As a result, this is more of a work-now, pay-later investment, however if you’re a patient investor, it could be well worth the wait.
How to start a WordPress blog – Easy Steps
Here’s a step-by-step guide for beginners on how to start a blog:
8. Become a Freelance Content Writer
A freelance content writer is another option for those who are comfortable with the written word. Several businesses, brands, and initiatives are on the lookout for qualified freelance writers.
How to become a freelance writer and make money from home?
Locate a reputable platform that allows freelancers to post their work and attracts a large number of clients prepared to pay for it. Consider using one of the best freelance writing sites available:
- Their freelance writing side hustle finder scans the internet for the top side hustle writing opportunities.
- Over 12 million freelancers and 5 million clients are hosted each year; payment management system is built-in.
- Submit a writing sample to be considered for writing jobs based on your skills; excellent content writing opportunity for novices.
- All job postings are screened and verified by the site, which eliminates low-paying or non-legit freelance writing tasks.
- Though it is a competitive platform, the well-known brand is free, easy to use, and requires no sign-up.
How to become a freelance writer with no experience
Freelance writing doesn’t take the experience to get started, except for being a decent writer. If you need some help with your writing, consider using to clean up your work.
How to Make Money Online as a College Student Summary
The ideas above are just the beginning of how to make extra money online as a college student. It’s not impossible to make six figures with some of the opportunities. See our additional money-saving strategies to supplement your income.
Also, see our guide on Careers that allow you to work from home alone.