Everyone knows that the cost of getting an education has skyrocketed in recent years which has sent students scurrying to find ways to supplement their incomes. With the high cost of tuition as well as the rising cost of living, it is impossible to settle into college life without worrying about finances.
Many parents try to help as much as possible, but usually extras like money for entertainment and fashionable clothing just aren’t in the budget. Even though the UK standard of living is forecast to rise, families will continue to struggle for the foreseeable future. So, how can you, as a student, earn extra cash for those little luxuries you’d otherwise need to forego? Here are a couple of interesting ways to supplement your income as a student, but be mindful of the fact that some do involve a bit of risk.
Copywriting in Your Field of Study
One of the easiest ways to earn a bit of extra money, if you have a talent for writing that is, would be to work online as a copywriter. Most have a basic understanding of an assortment of markets, but few are ‘experts’ in any one field. Have you thought of putting your field of study into action today rather than waiting for that almighty degree? Why not list your areas of knowledge on copywriting forums to get a few gigs you can do in your spare time. Knowledgeable copywriters are always in demand, so give it a try! You can always take an extra hour or two whilst sitting at your computer and that should give you enough extra money to take in a game or go to a club on the weekend.
Risky but Exciting Spread Betting
Another trend amongst students at the moment is spreadbetting. However, before going any further, do understand that there is some amount of risk involved as there is always the potential to lose more than you began with. Even so, with the right spread betting broker that provides a comprehensive knowledge base, you just might be able to reap the rewards. It’s fun and exciting because you can pick and choose where to place your money. It is not unusual to make 5 to 10 times what you bet ‘if’ you understand how the game works.
For math students and those studying business administration, this might be an ideal opportunity. Just remember, especially when you are new to spread betting, find the right broker who has provided the information you need as a basis for understanding the way it works. The best way to determine who to spread bet with is to browse through a comparison site that offers a range of brokers to choose from. Just take the time to really do your homework (horrid word!) before placing your first bet!
Nothing is worse than spending several of your younger years hitting the books without a bit of quality leisure time. There are interesting ways to supplement your income as a student in which you can work around your heavy academic schedule. Just remember, some things take a bit of extra ‘study’ before you jump in, but the potential rewards are exhilarating. If you have some spare time on your hands, take a look around to see what’s out there. Money is there to be made, now go find it!