It is no secret that students will often have to adapt to a limited budget. While times may indeed be rather lean, there are still ways to supplement your additional income without sacrificing your scholastic career. Let us look at three innovative methods which will provide you with a bit of extra liquidity. You might be surprised to learn what is in store!
Helping Auction Websites
You are likely already aware that selling products online via hubs such as Amazon and eBay is a great way to create a side hustle. However, what if you have nothing to offer customers? One lesser-known way to make money is to help programmers tailor their software to the end user. Mechanical Turk is an example of such a concept. The ultimate goal is to assist coding professionals when designing user-friendly interfaces so that they can increase their customer base. The good news is that you will not require a great deal of previous experience; many of the projects are highly intuitive. You are normally paid on a per-task basis and while earning thousands of pounds might be out of the question, it is still possible to obtain extra liquidity.
Electronic Spread Betting
Spread betting is one of the most popular forms of online investing; particularly if you do not have a great deal to spend. The advantages of spread betting over conventional trading is the ability to go short any time as well as flexible investment margins. In other words, you can quickly sell a holding once it has turned a profit and entry-level trades are perfect for students. Some other benefits include:
- You are not required to pay any stamp duty
- It is possible to make a profit even when the markets are falling
- There are numerous different assets to choose from
- Any generated profits will not be subject to capital gains tax
If you would like to learn about this dynamic trading option, please visit CMC Markets for further details.
Becoming an Egg Donor
One unique way that many female college students have discovered to make some serious progress against student loans, is to become an egg donor. The process of donating eggs to a couple in need is an incredibly rewarding experience that benefits both parties. If you do consider this route, make sure you partner with a reputable egg donation and surrogacy agency like Extraordinary Conceptions to make sure the agreement is in order.
Placing Ads Within a Personal Blog
Anyone who accesses the Internet on a regular basis is well aware of the sheer number of blogs to be encountered. However, did you know that these catchy blocks of text may actually be able to provide a lucrative side hustle? You can monetise your portal through the use of pay-per-click advertisements. These digital banners are normally placed within the sidebar of a page or at the bottom. You will receive a profit every time a user clicks on their content.
Although the amount per click is quite small, this type of strategy is all about strength in numbers. Blogs that are able to attract thousands of visitors per month could very well generate an appreciable source of income. Keep in mind that the advertisements should be relevant to the content of your site and that a reliable hosting service is required if you hope to get paid in a timely fashion.
Students have more income-generating possibilities at their disposal than ever before. Whether referring to online spread betting or earning extra cash through a popular blog, the digital world is able to offer up a host of options. If you have grown tired of financial hardship, keep these options in mind.