Advice

How to earn extra money while at uni

With the cost of everything seemingly rising all the time, it can be difficult to stay on track financially while studying without the help of money from your parents, loans and grants.

If you're a full-time student, getting a full-time job is obviously out of the question, and even working part time can have a detrimental effect on your studies, but there are ways to make some additional money while at uni. Through the power of technology, critical and creative thinking you can add some much-needed cash to your empty pockets.

Here are the five ways you can make some extra income while you complete your studies...

Flyering and promotions

If you're courageous enough to face the cold or rain, why not join a promo team working for a local company? If it involves posting leaflets through people's doors, you'll have the added benefit of keeping fit while you walk your way around your local neighbourhood, or you might find yourself working in a city centre handing out leaflets to passers-by, which would cut down the leg-work significantly. The work is fairly easy and you could potentially earn a fair bit of money, espeically if you're being paid per leaflet delivered or handed out.

Online trading

Investing in stock markets and currencies used to be a hard world to break into, but these days you don't need to be some kind of City hotshot with loads of money to dabble in stocks and shares. You can do it from the comfort of your own room with the help of online market trading platforms such as forex with sites like CMC Markets.

If you decide to try out online trading, you would need to treat it as you would any small business you happened to run. Before you start trading, it’s advisable to analyse the stocks you're interested in and try out a demo account first to get your head around it all before investing real money. If you get the hang of it, you will hopefully find some profitable stocks to trade and make some extra money while still having plenty of time for lectures, study and socialising. However, it's important to bear in mind that you could, of course, end up losing money if your investments don't work out!

Online surveys

If you have some free time and a broadband connection, you can get paid to complete questionnaires and surveys online. It’s an increasingly popular way for students to earn extra income, as research companies are always recruiting new members to fill out new surveys and test new products.

By spending a few minutes filling out forms, you can make money that's paid either as cash or in the form of rewards. However, you will find there's a variation in the amount paid per survey, so it's worth taking the time to do your research and find out which companies pay the most. An online questionnaire can take anywhere from 5 to 35 minutes to complete, but most surveys can be completed during a short break from your studies so it's a flexible way to earn a bit of extra money.

Buying and selling on eBay

When it comes to getting rid of those clothes that you don’t wear, eBay is the place. Online auctions are a great way to turn that jacket that came in and out of fashion within two weeks into hard cash. And if you have a bit of money saved up, a good eye for a bargain and don’t mind taking risks, you might even be able to make a small profit buying and selling new clothes on the site.

Blogging

Traditionally, the idea of having a part-time student job meant working somewhere like a café or bar, but these days there are plenty of opportunities to make money online without having to slip on a pair of Marigolds to wash pots in a sweaty restaurant kitchen.

For example, you could start a blog about one of your passions in life, which costs very little to set up and run, and doesn't need much in the way of technical know-how if you use a popular blogging platform like WordPress. Once you start creating useful content and building a following on social media, you might be able to start making money from brands looking to reach your readership through a variety of income streams such as affiliate advertising. It's probably not something that's going to make you mega-rich any time soon, but it's a fun way to pass the time if you have a passion for writing and it can be a nice little earner.


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