When I was going to college, my parents paid for my tuition and board, but left me to my own devices when it came to extra spending money. Like every other college student I know, I needed to make extra money for going out with friends, paying my cell phone bill, and the all important money for beer. Since I didn’t want to wait tables, or park cars, I turned my search to the internet for ways of making money. Back then, during the dot com boom, there were many new internet start ups offering new ways of making money online. The most memorable online money making scheme at that time was All Advantage, a paid to surf company, that paid you for surfing the internet and clicking on the ads they served up. I remember getting a check from them for a whopping $75.00.
These companies are gone now along with a lot of other online companies when the dot com bubble burst and the stock market crashed.
The good news for college kids today, is that there are even more ways of making money online that didn’t even exist when I was going to college. Of course if you want to make any kind of money, its going to take time, perseverance, and a good work ethic. If you are willing to dedicate yourself to some of these money making ideas, you can potentially earn a lot more than working traditional jobs like McDonald’s or as a waiter at Denny’s.
Here are some of the things I did when I was in college to generate extra cash.
1. Selling Stuff on eBay
Almost anything you can think of can be bought and sold on eBay for the right price. Back in 2001, my friend and I were looking for stuff we can sell to turn
a quick profit. We quickly came up with a scheme where we would buy cheap jade pendants and bracelets from Chinatown for 10 cents to 25 cents a piece, and
re-sold each piece on eBay for 1 to 5 dollars (we also charged a couple of bucks extra for shipping too). Back then business was so good, we were making about
$200.00 profit every week. That’s a lot of beer money! Unfortunately, because we had money to party more, we neglected our business. Wrong items got shipped to customers or we forgot to send an order all together. On eBay your feedback is very important. We started getting so much negative feedback we were forced to close shop. Now days, there are so many people trying to sell on eBay, the competition is very fierce. But if you take the time and dig through your garage or attic for things to sell, you can still make some money. There are also people who go every week to garage sales and thrift stores to find things that they can sell on eBay to turn a profit. If you stick to it and not be irresponsible like I was, you can make a lot of extra money selling on eBay and still be able to to school.
2. Tutor Kids
Check the local newspaper or online for tutoring companies that hire students as tutors near your campus. When you interview with them, let them know which
academic subjects you excel at. These companies will then match you up with the kids that need tutoring. They tell you when and where to go, and pay you an
hourly rate of $25.00 to $40.00 dollars a hour. Since I was the biggest nerd in high school, and like any good nerd I excelled at math. I spent 4 hours a week
tutoring high school kids on how to prepare for the math portion of the SAT. Its great money, for just a little amount of work. Sure beats washing dishes!
3. Use Craigslist to find a part time job
Craigslist can be a great resource to find a variety of things being offered in your local community. Asides from old TV’s and used refrigerators posted for
sale, there is a huge section dedicated to all sorts of jobs. I was able to find a paid internship for my summer break with a small high tech start-up near my
school through Craigslist. Best of all, everything is free!
4. Get a sales job that pays commission only
During my last year and a half in college, I took a job doing door to door sales for long distance phone service. Because the job paid commission only and
not a hourly rate, I had the flexibility to work anytime I want. Best of all, getting paid by commission meant that I had unlimited income potential. The
amount of money I made was based on how hard I worked and how many sales I made. In my best month, I brought home a check for almost $4,000 dollars, and this is while I was attending school as a full time student! Asides from the financial rewards, sales will teach you many important skills that are useful in all
aspects of your life. For more info, check out Why you need to learn how to sell.
Here are some of the other things you can do to make money.
5. Sell your own blood
I have done this only once in high school. Not for money, but as a volunteer to support a cause. I will never do this again for any amount of money. The
nurse that stuck me with the needle, failed to realize that the first time she poked me, a little piece of my skin got stuck inside the needle. She assumed
that she couldn’t find the vein, and proceeded to stick me with the needle another 4 times before she realized what the problem was. I have seen some of my
buddies in college make money by doing this. Giving blood is just something I would never do again personally.
6. Make 5 dollars at a time on Fiverr
If you have any special talents or skills, you can offer your services on Fiverr for 5 dollars. You can offer services from writing, making videos, doing stupid random things, offering advice, programming and much more for 5 dollars. Fiverr takes a 1 dollar cut and the rest of the money is paid to you via Paypal. You can do this over and over and make 5 dollars every time.
7. Sell articles online
If you are good at writing, you can write about anything and try and sell your articles online. There is a huge market among web site owners to buy
unique content for their sites. On the web, content is king, and who ever has the best content is able to attract more traffic to their sites. If you are good at writing, you can make good money selling articles online at places like Helium.com, Articlesale.com, or constant-content.com.
8. Writers and other online talent for hire. Freelancing
Similar to selling your articles online, there are thousands of freelancing jobs online that you can do from the comfort of your home. Sites like odesk and
elance offer freelance jobs, from writing, to programming and web design, and much more. If you have any of these skills, you can browse thousands of
freelance jobs and get paid for doing them.
9. Get paid for your opinions
You can also get paid for taking surveys, participating in focus groups and writing product reviews. There are many survey sites out there that will pay you
for market research. I have also seen some people make money from participating. Just be careful when you choose which sites to sign up with. If you have to pay to use their service its probably a scam. Most of the legit survey sites are totally free to sign up with. If you are interested in making money this way, you can check out sites like Cashcrate, Survey for Profit, Global Test Market, Opinion Outpost, ACO, Toluna, and Survey Adventure.
10. Create and flip websites with Flippa
If you know how to create and design a website, you can make serious money in your spare time making and selling websites on Flippa.com. There are people make upward of $10,000 a month making and selling websites online. Flippa is auction based, you can list a website for sale, and buyers will bid on it.
Hope this helps. If anyone else has any great money making ideas, please post them in comments!
These companies are gone now along with a lot of other online companies when the dot com bubble burst and the stock market crashed.
The good news for college kids today, is that there are even more ways of making money online that didn’t even exist when I was going to college. Of course if you want to make any kind of money, its going to take time, perseverance, and a good work ethic. If you are willing to dedicate yourself to some of these money making ideas, you can potentially earn a lot more than working traditional jobs like McDonald’s or as a waiter at Denny’s.
Here are some of the things I did when I was in college to generate extra cash.
1. Selling Stuff on eBay
Almost anything you can think of can be bought and sold on eBay for the right price. Back in 2001, my friend and I were looking for stuff we can sell to turn
a quick profit. We quickly came up with a scheme where we would buy cheap jade pendants and bracelets from Chinatown for 10 cents to 25 cents a piece, and
re-sold each piece on eBay for 1 to 5 dollars (we also charged a couple of bucks extra for shipping too). Back then business was so good, we were making about
$200.00 profit every week. That’s a lot of beer money! Unfortunately, because we had money to party more, we neglected our business. Wrong items got shipped to customers or we forgot to send an order all together. On eBay your feedback is very important. We started getting so much negative feedback we were forced to close shop. Now days, there are so many people trying to sell on eBay, the competition is very fierce. But if you take the time and dig through your garage or attic for things to sell, you can still make some money. There are also people who go every week to garage sales and thrift stores to find things that they can sell on eBay to turn a profit. If you stick to it and not be irresponsible like I was, you can make a lot of extra money selling on eBay and still be able to to school.
2. Tutor Kids
Check the local newspaper or online for tutoring companies that hire students as tutors near your campus. When you interview with them, let them know which
academic subjects you excel at. These companies will then match you up with the kids that need tutoring. They tell you when and where to go, and pay you an
hourly rate of $25.00 to $40.00 dollars a hour. Since I was the biggest nerd in high school, and like any good nerd I excelled at math. I spent 4 hours a week
tutoring high school kids on how to prepare for the math portion of the SAT. Its great money, for just a little amount of work. Sure beats washing dishes!
3. Use Craigslist to find a part time job
Craigslist can be a great resource to find a variety of things being offered in your local community. Asides from old TV’s and used refrigerators posted for
sale, there is a huge section dedicated to all sorts of jobs. I was able to find a paid internship for my summer break with a small high tech start-up near my
school through Craigslist. Best of all, everything is free!
4. Get a sales job that pays commission only
During my last year and a half in college, I took a job doing door to door sales for long distance phone service. Because the job paid commission only and
not a hourly rate, I had the flexibility to work anytime I want. Best of all, getting paid by commission meant that I had unlimited income potential. The
amount of money I made was based on how hard I worked and how many sales I made. In my best month, I brought home a check for almost $4,000 dollars, and this is while I was attending school as a full time student! Asides from the financial rewards, sales will teach you many important skills that are useful in all
aspects of your life. For more info, check out Why you need to learn how to sell.
Here are some of the other things you can do to make money.
5. Sell your own blood
I have done this only once in high school. Not for money, but as a volunteer to support a cause. I will never do this again for any amount of money. The
nurse that stuck me with the needle, failed to realize that the first time she poked me, a little piece of my skin got stuck inside the needle. She assumed
that she couldn’t find the vein, and proceeded to stick me with the needle another 4 times before she realized what the problem was. I have seen some of my
buddies in college make money by doing this. Giving blood is just something I would never do again personally.
6. Make 5 dollars at a time on Fiverr
If you have any special talents or skills, you can offer your services on Fiverr for 5 dollars. You can offer services from writing, making videos, doing stupid random things, offering advice, programming and much more for 5 dollars. Fiverr takes a 1 dollar cut and the rest of the money is paid to you via Paypal. You can do this over and over and make 5 dollars every time.
7. Sell articles online
If you are good at writing, you can write about anything and try and sell your articles online. There is a huge market among web site owners to buy
unique content for their sites. On the web, content is king, and who ever has the best content is able to attract more traffic to their sites. If you are good at writing, you can make good money selling articles online at places like Helium.com, Articlesale.com, or constant-content.com.
8. Writers and other online talent for hire. Freelancing
Similar to selling your articles online, there are thousands of freelancing jobs online that you can do from the comfort of your home. Sites like odesk and
elance offer freelance jobs, from writing, to programming and web design, and much more. If you have any of these skills, you can browse thousands of
freelance jobs and get paid for doing them.
9. Get paid for your opinions
You can also get paid for taking surveys, participating in focus groups and writing product reviews. There are many survey sites out there that will pay you
for market research. I have also seen some people make money from participating. Just be careful when you choose which sites to sign up with. If you have to pay to use their service its probably a scam. Most of the legit survey sites are totally free to sign up with. If you are interested in making money this way, you can check out sites like Cashcrate, Survey for Profit, Global Test Market, Opinion Outpost, ACO, Toluna, and Survey Adventure.
10. Create and flip websites with Flippa
If you know how to create and design a website, you can make serious money in your spare time making and selling websites on Flippa.com. There are people make upward of $10,000 a month making and selling websites online. Flippa is auction based, you can list a website for sale, and buyers will bid on it.
Hope this helps. If anyone else has any great money making ideas, please post them in comments!
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