WITH PHONE OR A COMPUTER
On this page you'll find all the best ways to make money in your
spare time whilst at university based on our own experience. We'll keep
adding new ways to this page so go ahead and bookmark it. And please do
share your own ideas in the comments!
Top ways to make money online and offline
No-risk matched betting
Hands down the quickest way to make a lot
of money (well, without breaking the law). Lots of students have
genuinely made £100s from this technique. It's completely legal, risk
free, tax free, and anyone can do it.
It works by taking advantage
of free bets regularly offered by betting sites through ‘matching' them
at a betting exchange. Matched betting eliminates the risk (you are
betting both for and against a certain outcome).
This
leaves you being able to squeeze out the free bet, which can be as much
as £200! Multiply this by how many betting sites there are and you can
quite easily come away with a profit of a few hundred pounds.
Owen walks you through how to make your first £15 profit (using a real life example) in this gem of a guide to matched betting. If you know of any better way to make £30/hr sitting at home, please let us know!
Online surveys
Credit: Julio Marquez – Flickr
An increasingly popular way for students to make money is to fill out
online surveys in their spare time. Research companies are always
recruiting new members to answer surveys and test new products.
For
a few minutes of form filling, you can make a couple of quid which is
paid as cash or rewards. You can bag up to £3 ($5) for some surveys!
A few good ones to try are: Toluna, MySurvey, i-Say, Global Test Market, The Opinion Panel, YouGov, Panel Opinion, Pinecone, Valued Opinions, SurveyBods, PanelBase, Branded Surveys, Hiving,Opinion Outpost, Prolific Academic, Harris Poll, Mind Mover, New Vista, PopulusLive, iPoll.
Also sign up for Swagbucks which rewards you for surveys as well as simply surfing the web, watching videos and playing games.
Update: See our new full guide to the best paid online surveys!
Paid for searching the web
Interested
in earning cash for doing what you already do online? This has to be
one of the easiest methods of making money online without really any
effort or change in your behavior.
This innovative idea by Qmee.com
rewards you for searching in Google, Bing or Yahoo. You just install a
simple add-on to your browser and when you conduct a search there may be
a few sponsored results alongside your normal search.
Each Qmee result has a cash reward attached – if you are interested in it simply click on it and collect your reward.
The
best thing is there is no minimum to cashout – our first one was just
72p wired to our Paypal account. You also have the option to donate it
to charity.
Sign up now for free and start earning from your own searches! Click here to start.
Online market trading
The
historically hard-to-break world of investing in stock markets and
currencies has been cracked wide open. Today there is no need to be a
fat cat or fund the yachts of Wolf of Wall Street style stock brokers. You can do it all yourself with the help of online market trading platforms.
Having spent many hours researching this new opportunity, I've been experimenting with the two biggest platforms: Plus500 and eToro.com. Both offer free practice accounts.
Overall I prefer eToro with over 4.5 million users worldwide. It was recently featured in the BBC 2 documentary “Traders: Millions by the Minute” and the Financial Times.
One of the best things on eToro is the CopyTrader feature. This lets you literally see, follow and copy the investments of other top performing traders.
Follow George's complete guide to trading on eToro
to learn more. I think $200 is a good amount to get the most out of the
learning curve by trying out a few different markets. If nothing else
you'll learn a great deal about various investments and industries.
Please
be aware that CFDs are a leveraged product and can result in the loss
of your entire capital. Past performance does not guarantee future
results. Trading CFDs may not be suitable for you. Please ensure you
fully understand the risks involved.
- Missing!
Review websites & apps for cash
Well
it seems like you're pretty nifty with a web browser, so perhaps it's
time to turn pro and browse websites as a paid and fun job!
Introducing UserTesting.com
– a new platform that pays everyday people to review all kinds of
websites. Each review takes around 20 minutes and bags you $10 (£6.50)
via Paypal.
Simply sign up here, complete a test review and look forward to receiving websites in your inbox.
The ‘Disney Vault' secret
Credit: Walt Disney Pictures Inc.
To
keep demand high across generations, Disney Studios carefully restrict
the supply of some home release classics. They are locked away in the
‘vault' for 8-10 years before being released for a short unspecified
time.
Buy them in this window at normal retail price and you can turn a nice profit when they go off sale for another decade or so.
For example, in 2011 you could buy Beauty and the Beast on Blu-ray 3D for just £24.99. In just a couple of years it was on Amazon for a staggering £74.99!Importantly, not all Disney releases are subject to the vault and only the true classics will maintain such demand.
Right now there are just 2 titles out of the vault which I would recommend snapping up. They are Bambi Diamond Edition Blu-ray and The Lion King Diamond Edition Blu-ray.
‘Get Paid To' sites
Similar
to making money from online surveys, GPT sites reward you in cash and
vouchers for completing various offers or activities online.
The most popular sites today are Toluna, Swagbucks and InboxPounds
Become a delivery rider or driver
Got
a bicycle, motorbike or car? What about a Smartphone? That's all you
need to make some extra money by delivering food or people whenever
you've got some spare time.
Sign up to delivery specialist companies like Deliveroo
who are always on the hunt for new riders. They allow you total
flexibility to work when you want, delivering food from restaurants the
the customers' door. You can make up to £16 an hour.
Double-up your opportunities by directly contacting local takeaways and bigger chains like Dominos to see if they have any delivery jobs going.
Write and publish a Kindle eBook
If students are good at anything, it's researching and writing. With the Amazon Kindle store, anyone can publish an eBook and make money.
And
the Kindle app is now available on almost any device (laptops, iPads,
smartphones and yes, Kindles) so your global market is huge!
List
your book for £1.49 – £6.99 and you earn 70% of the sale. Considering
Amazon is the ultimate selling machine (and remember people are looking
to spend), that is a fantastic deal.
The
key to success with eBooks is to create value, and write non-fiction.
Simply bundling information you have researched and complied on a common
problem (eg. ‘secrets' to finding a job) and then presenting it in an
easy to digest format (an eBook) justifies someone spending a few quid
on it.
Another big tip is to have a great cover designed (browse these)
so it stands out, and once your book is live on the Kindle store it's
really important to get some reviews so it shows up higher in results.
Encourage readers to leave an honest review at the end of your book.
The best thing about this lucrative idea is that once you've invested the time (say 20 hours), you'll earn a passive income for years to come! For a step-by-step guide to publishing and earning with eBooks, see “How to write a nonfiction eBook in 21 days“.
Affiliate marketing
If
you've got a good presence on social media or perhaps you even have a
blog or website, you can start bringing in money immediately by
promoting all sorts of companies, products, services and offers online.
Sign up as a publisher on the Awin network,
check their offers blog or browse the merchant listings to find
something you think your friends would be interested in, grab your
affiliate link and share it. If someone buys (can be within up to 90
days) using your link you'll make a nice commission.
To take it a step further, set up a website (read our guide) or a topical Facebook page and invite all your friends to join it and post your affiliate offers on there.
Mobile phone recycling
See how much you can get for your old mobile phone using our in-house mobile phone price comparison tool! Maybe ask your parents if they have any lying around too.
You
can get some good money and help the environment by recycling mobile
phones with certain companies listed on the comparison tool. But be
aware: you won't always get the quoted cash since it depends on
‘condition'. We recommend Mobile Cash Mate for the fairest and highest payouts in most cases (they sent us a £203 cheque for an iPhone 5).
Become a ‘Clickworker'
The Clickworker.com
concept is based on ‘internet crowd-sourcing' where businesses
advertise specific, scalable tasks they need completing quickly. And for
us, it's an easy way to make fast cash from our couch.
There
are a variety of tasks, but most commonly they involve mindless data
entry, web research or form filling. You are rewarded and paid in cash
(via Paypal) for the work you do, and you can choose for what and when
you work. Give it a go. [If you're US based, also try Amazon's ‘Mechanical Turk‘].
Claim tax back
Many
students work part-time or during the summer months, and others will be
on placements or paid internships. More often than not, if you are a
student working during the year, you will be overpaying income tax.
Why? Simply because few students reach the personal tax-free income allowance each year but are put on an emergency basic tax-code by their employers meaning tax is being paid when it shouldn't be.
To learn more and calculate how much tax back you might be due, see our guide on student tax refunds.
Get cashback when shopping
I earned this much in 2 years
This
is not only a way to make money but also to save money as a student. If
you look at it in a different way then you are making money with every
purchase you would have made anyway, whether it be 10% or 0.5% cashback.
There are a number of cashback sites out there which pay you the commission they otherwise would have earned.
We recommend signing up with Top Cashback, Quidco.com and Swagbucks which are free and offer the best selection of retailers and exclusives.
Part-time job
A
part-time job is the obvious first choice, opted for by most students
looking to supplement their student loan. It provides a pretty steady
flow of income and can enable you to gain valuable work experience.
But good jobs are not always easy to find!
Start with our student job search, then check local classifieds and your university careers service for vacancies.
It's also worth signing up with CV Library, a free service which will match your CV with suitable part-time jobs and career opportunities.
Read our guide to finding a part-time job whilst studying for more tips.
Gigs on Fiverr
Fiverr is now the world's largest marketplace for people to make money selling small services (known as ‘gigs').
What you offer could be absolutely anything, from writing and translating, social media posting, playing pranks and teaching to creating music, voiceovers and short video clips for people all around the world!
The
default price is $5 (hence Fiverr..), but you can attach extra services
to gigs for more money. Whilst it might not seem like much, it can
quickly add up and there are plenty of examples of people making a
really good living from the site. The key is to get a system in place
which minimises the time spent on each gig.
But
there is another way to profit even more from Fiverr for potentially
far less work. How? By simply reselling gigs elsewhere. For example,
find a decent logo designer then reply to jobs on Upwork or even local classifieds. A $5 spend can easily become $50+, and it's repeatable!
If you're not interested in selling at all there's SO much good stuff you can get done for yourself. Have a browse and get inspired!
Review music for money
If you love music, make it your business by reviewing unsigned bands and artists online for cash with Slicethepie.
It
can take a while to build up your reputation but some users of the site
have said that they earn £40 a month. This may not sound like much, but
if it's something you enjoy then it shouldn't be hard work and is
another thing for your CV. Money you earn will be in $US but anyone can sign up and review.
To get started, head over to Slicethepie now or read our quick guide for more info.
Sell your notes
If
you don’t mind sharing your notes with other students it’s a great way
to generate a little extra cash. There are sites out there that you can
upload your notes to, along with your price, and then when another
student downloads them you get paid.
Most of these sites like Stuvia & Notesale are
free for you to list your notes but tend to take a cut of your profit
in order to handle the marketing etc so that you don’t have to go out
there and promote your notes yourself.
You will most likely have
to upload PDFs but it’s worth it for the return and you can submit
handwritten notes but you’re likely to make more money if they’re typed
up.
Sell second-hand course books
One great way
to make money is to buy other students' text books at the end of the
year, and then sell them just after freshers' week – when the new intake
of students know that they need them!
You can either advertise on campus or list them online very easily on Amazon Marketplace (just bear in mind they take a commission on books sold).
Here's 28 other things you can sell right now!
Competitions
Entering
competitions of course comes with no guarantees, but there is a growing
community of so-called ‘compers' in the UK consistently making up to
£50,000 a year through all sorts of competitions.
Types of
competitions available to enter range from simple registration forms and
Facebook page liking to answering questions correctly over the phone to
being a TV game show contestant. Imagine you made it onto Deal or No Deal instead of just watching it!
Start by entering our very own monthly student competition (Like our Facebook page to see when our next one is)!
Then head to our active competitions page
to enter other free competitions that we have found. Just note that
some of these sites may send you spam so use an alias email address and
opt-out of as many of the offers as possible.
For loads more tips on achieving success and making money from competitions, read our guide to entering competitions.
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