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!
1. 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 (such as PaddyPower.com) through ‘matching’ them at a betting exchange such as Betfair.com. 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.
2. Online surveys
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 in rewards. You can make up to £3 for some surveys!
A few good ones to try are: Toluna, Pinecone, IPSOS, Vivatic, The OpinionPanel, MySurvey, Valued Opinions, SurveyBods, Global Test Market, Hiving, PanelBase, Harris Poll, iPoll, Opinion Outpost,YouGov, New Vista
Also sign up for Swagbucks.com which rewards you for surveys as well as simply surfing the web, watching videos and playing games.
3. 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 – for instance we just wired 72p to our Paypal account. You also have the option to donate it to charity.
4. Social Investment Networks
- 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 free online market trading platforms.
- Having spent many hours researching this new opportunity, I’ve been experimenting with eToro.com which recently featured in the Financial Times and has over 300m users worldwide.
- So far I’m up 28% on my initial deposit, but of course it can be quite volatile and you can lose money, so don’t throw your life savings into it! Start trading with a small deposit and learn the ropes slowly. If nothing else you’ll learn a great deal about various investments and markets.
- 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. There’s also lots of training material and videos to help you out, and it’s free to create an account and use.
5. 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. Most phones are shipped off to Asia to be dismantled and we know of at least one student who received a £120 cheque in return.
6. ‘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.
7. The ‘Disney Vault’ secret
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’s now on Amazon for a staggering £74.99!
- Importantly, not all Disney releases are subject to the vault and only the true most popular classics will maintain such demand.
- Right now there are just 2 titles out of the vault which I would recommend snapping up. They are Cinderella Diamond Edition Blu-ray for just £10 and Bambi Diamond Edition Blu-ray for £14.
8. Start your own website
- If you’ve ever seen the film “The Social Network” then you’ve most likely had your brain spinning as to what website you can start-up to make you billions.
- And of course there are lots of stories out there about successful students who have started a site while at university, or even bought a domain name and later sold it for 1000s.
- In fact, Save the Student is one such example of a website started at university by Owen Burek in his first year, which has since grown into a full-time and successful enterprise.
- Read Owen’s 4-step guide to setting up a website if you’re interested in finding out more. It’s really not that difficult to get started and there are plenty of opportunities to make money online.
9. 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 so it stands out, and once your book is live on the Kindle store (approval takes less than 48 hours) 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“.
10. 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 to an affiliate network such as Affiliate Window, 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.
11. Review music for money
- If you love music, make it your business by reviewing unsigned bands and artists for cash. I know… we couldn’t believe it either.
- It can take a while to build up your reputation but some users of the site have said that they have earned £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.
12. 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 ontoDeal or No Deal instead of just watching it!
- Start by entering our very own monthly student competition
- 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.
13. Sell all your old CDs, games and movies
- If you are looking to make a very quick buck, then selling your old bits and bobs that are cluttering up your room is a good idea.
- The best thing about it is that you can rip all the songs and films onto your laptop or external hard drive before selling them. This means that you are only really selling the plastic and artwork!
- You can earn anything from 10p to £20 per item, and the earnings can really add up if you have a large collection. Whilst you’re at it, see if your parents have any ‘clutter’ they’d be happy to see the back of.
- You can also sell almost anything for free on Amazon Trade-In or Preloved and sites like MusicMagpie will pay you instantly for sending in unwanted items.
14. Sell on your education!
- Become a tutor to local GCSE or A-level students . There are now a few online tutor sites too, so you can go also global without too much hassle.
- You may feel as if you aren’t qualified to be a tutor, but seeing as you are at university you will most likely have the qualifications to tutor for GCSE or even A-Level. Some parents may feel that their child will react better to a younger tutor, and it can be great experience, so why not give it a go?
- You can advertise on SchoolsTrader or sign up with Bright Young Things & UK Tutors. You can expect to earn around £10 an hour. However, make sure you don’t have to do too much tutoring around your exams!
15. Sell your photos
- If you think you’ve got a good shot and a little creativity, try uploading your photographs for free to stock websites. A good starting point isFotolia or istockphoto.
- Make more money selling photo subjects that people are demanding, and there’s a great resource to find this out here. It might be a good idea to test them out in print first yourself.
16. Rent out your car parking space
- Some student accommodation comes with a drive or garage. If you aren’t using your parking space and you live in a busy area then you might be in luck. There are plenty of people that may work in the city centre and are fed up of paying through the roof for daily parking.
- Advertise your space on Gumtree and Just Park.
17. Work as a charity collector
- Ok so this job takes a certain kind of person, as you’ll have to take a lot of rejection and be persistent.
- But if you are bubbly, personable and reckon you could sell ice to an Eskimo then this could actually be a great student money making idea. You get paid commission on new sign ups (typically around £20).
- Have a look at Wesser as well as charity websites like Oxfam.
18. Babysitting
- Advertise your services locally. It’s a classic money-maker, and for good reason. You get paid (well) to watch TV and not very much else!
- Be warned that you will need a CRB (Criminal Records Bureau) check to look after small children, even though some parents may not ask for one. If you are wondering what to charge, then look at local ads but you can expect to be paid over £6 hour even if you aren’t trained in child care. It really is easy money (unless you get stuck with the child from hell!).
19. Become a freelance interviewer
- Do you want to excel in an HR career? Do you love asking questions? Believe it or not a company will actually trust you to carry out interviews for them and pay you for your time. It couldn’t be simpler.
- You could make £185 a week plus have your travelling costs covered. The downside is that you will have to commit to 20 hours at least a week so make sure that you have the time. Apply at NatCen.
20. Mystery shopping
- Becoming a mystery shopper is easier than you think. You can get paid to spend money in shops, usually in the form of a voucher for the shop in question.
- For more info on where to apply check out ourguide to becoming a mystery shopper.
21. Dog walking
- Dog walking may sound trivial but it’s big business. Just think that as a student you’re likely to have free time during the day when others are out at work and worried about their pets at home.
- You could make around £7 a dog for a 1 hour walk, and it’s also a great way to keep fit. Advertise your services locally with fliers or on classified websites such as Gumtree.
22. Rent out your house for filming
- Directors for TV and film are always on the hunt for houses to film in. For instance, a scene forCoronation Street was recently filmed in the student house one of the Save the Studenteditors used to live in!
- Not only can you make good money but it’s crazy seeing your own place on TV. Start out by looking at film-locations.co.uk.
23. Rent out your body
- Ok, ok – this isn’t what you think. “Renting out your body” can go as far as you want it to go. For example we reported on a story a while back about students who are turning to lap dancing to make a quick buck.
- If you are comfortable taking off your kit for a more acceptable cause then why not try life modelling. Sit there in the buff while budding artists capture your every curve (or pokey bits) in frightening detail! Try this website especially designed for these kind of jobs RAM.
- You could also get involved in clinical drug trials.
- Warning: Do not do anything you are not comfortable with, no matter how desperate you are for money! There has been an unhealthy rise in student prostitution in recent years – do not fall victim to it!
24. Freelance work
- Perhaps you enjoy writing, managing Facebook pages or doing a little bit of graphic design in your spare time. There are so many freelance jobs out there that require simple skills or just time that someone else might not have.
- And the best things about freelancing is that you can work for clients in the UK and around the world with just an internet connection from home, to your own hours whilst developing valuable skills.
- A great place to start is with the leading freelance site Elance.com. Or try using our student job search to find freelance jobs.
25. Busking
- If you can sing or dance then this is your time to shine baby! Did you know that Justin Bieber started off busking? That’s right, with a little work you can be as annoying as him.
- There are really no tips for this except choose a good spot with high footfall, make sure you are good and play your heart out. Some buskers in the past have been known to make upwards of £20 hour.
26. Sell clothes on eBay
- Everyone’s best friend when it comes to getting rid of junk is eBay. Online auctions are a sure-fire way to turn that sleeveless jacket (which came in and out of fashion in a week) into hard cash.
- Some eBay sellers look at trends and try to predict what will be big ahead of the market. If you are good and don’t mind taking a risk then you can buy early in bulk and sell on when the craze hits.
27. Sell your stories and videos
- If you have an interesting story then you could try selling it to the papers. It could be anything from sleeping with a professional footballer to getting caught in a clothes horse!
- One of the Save the Student team was unfortunate enough to have a pigeon fly through and smash their window at university and sold the story to The Sun for a tidy £50.
- You could also film your mates at all times and send it into You’ve Been Framed to net yourself £250 and a few seconds of fame.
28. Sign up for psychology experiments
- These are the things you may get to your student e-mail inbox from your university or careers service every now and then. They aren’t dangerous and usually don’t require too much effort or time. They tend to compensate you quite well (around £10/hour), and they may even interest you!
- It’s worth bearing in mind that these are different from the medical or body experiments/horror stories that you hear about. There will (hopefully) be no strange probes involved!
29. YouTube videos
- According to recent stats we now watch more videos on YouTube than searches on Google. And with the recently introduced YouTube Partner Program you can now profit from making and uploading videos. You will receive a percentage of the advertising revenue collected per 1,000 views.
- Depending on how successful you are (virality, subscriber base and topic) you can make a lot of money, and there are plenty of stories every week of more and more YouTubers making it their career.
30. Source property for wealthy investors
- We all know how much money there is in property, but on the surface (with house prices as high as they are) you might be thinking this market is off-limits.
- Truth is, lots of people make a great deal of cash simply sourcing suitable properties for wealthy investors who simply have no time.
- The trick is to find properties below market value (BMV) by avoiding estate agents and instead flyering your area with your contact details offering to buy houses. Then approach investors with a no-brainer offer to pass on the details of cut-price property in exchange for a % of the sale value.
- Most cities will have monthly networking events for landlords and property investors. Track these down, sign up, put on your best suit and go along with lots of business cards. Or you could start on LinkedIn or even Twitter to build some initial contacts.
- As you might imagine, this isn’t necessarily a quick way to make money but once you’ve got a few investors in your phone book it can prove to be very lucrative in the long run.
Note
There are many other creative ways to make money as a student. With any luck you’ll be on the road to making millions! Please feel free to share your own ideas by leaving a comment below.