How You Can Earn Extra Income as a College Student

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Money is a forefront concern for many college students, or, more specifically, a lack of it. Even with funds from student loans or traditional employment, many students need to supplement their income to make ends meet. Here we offer some ideas for college students to earn extra money: <br>Capitalize on your talents. Savvy students find ways to make money using talents or skills they already have. Are you a talented writer? Consider subscribing to a service such as WritersMarket.com, where you get paid when your work is published. If you have always been great with children, establish relationships with families in need of a babysitter. If computer knowledge is your specialty, consider helping others with computer problems for a fee. Even if you do not feel that you stand out at a particular talent, consider doing yard or house work for extra cash. You may find that helping one person out leads to referrals and before you know it, you're in business.<br>Share your knowledge. If you excel at academics, or are a standout in a particular subject, you may be able to earn extra money tutoring other students on campus. Look into on- and off-campus tutoring opportunities for the chance to earn extra money and add great experience to your résumé.<br>Get paid to shop. Many companies hire mystery shoppers to get feedback on employee performance in places such as retail establishments and restaurants. The general responsibility of a mystery shopper is to play the role of a customer while patronizing an establishment, then report on the experience. If you are interested in becoming a mystery shopper, do your homework to make sure you are dealing with a reputable company.<br>Be a contractor. Seeking out contract employment is a great way to earn extra income without committing to a permanent work schedule. Companies all over hire contractors to do a wide range of jobs. Websites such as www.craigslist.org can help you find the type of temporary work you are seeking, ranging from freelance writing, website work, promotional events, yard work, and the list goes on. Be aware that when you work as a contractor, you are usually paid in full for your work (i.e.-taxes are not automatically deducted), so you will be responsible for keeping records and paying taxes on your income.<br>Bear in mind that earning extra income is only helpful if you have your spending under control. Spending as much as you earn leaves you treading water and does nothing to propel you to a more comfortable level of financial independence. An even worse habit is spending more than you earn and going into debt. Seeking out opportunities to earn extra money will likely do more than just help you pay the bills. Honing your skills, gaining valuable experience and making new business connections can open the door to future opportunities you did not even anticipate.

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