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9 in 10 uni graduates are employed full time.1

Uni grads earn 15-20% more than those without a degree.2

Deakin postgraduates earn 36% more than undergraduates.3

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10 clever ways to make money while studying

 

If you’re studying, it can be hard to find work that fits in around your schedule. People naturally gravitate towards traditional student weekend or evening work in hospitality and retail. But lots of students have found other ways to fund their lifestyle without having to take on traditional roles. Consider these entrepreneurial ways to top up your bank account without interfering with classes and study.

1. Become an Airtasker

If completing an eclectic range of odd jobs sounds like an interesting way to work, join Airtasker. Jobs include hanging a painting, washing a car, designing a website or helping someone move house. Simply sign up and browse the listed tasks. You can pick a one-off task to complete at your convenience or multiple jobs based on your location and skills. The advantage is you can select jobs that fit in around study and other commitments, so you can work as much as you like.

2. Use your eye for style

If you love hunting for a bargain and you’ve got an eye for style and trends you could consider becoming a clothing seller on eBay, or in clothes-selling groups on social media. Keep a frugal eye open in op-shops for good brands and on-trend pieces, and then sell the pieces you collect for more than you paid for them. The only downside is sometimes a buyer won’t go through with the purchase, so it’s best to have patience.

3. Clock up kilometres and cash

With a decent set of wheels and a full licence, you can drum up extra money as an Uber driver. It’s easy to register and you can drive any time. Being your own boss has its perks. No one is watching over your shoulder and you can decide who you pick up and when to call it a day. To maximise your income, drive your car when prices are surging during high-demand times, like Saturday nights.

4. Or maybe delivering food is more your thing

If you’re too young to drive for Uber, but still interested in being in control of your own working schedule, delivering takeaway food for a company like UberEats or Deliveroo might be the perfect alternative. You can start at 18 years old, and you don’t need to have a car – a bicycle or motorcycle will do (even if you’re still on your probationary motorcycle license). If you ride a bicycle, you’ll get the added bonus of exercise while you work.

5. Manage social media for a small business

Although social media has become a key feature in many organisations, lots of small businesses simply don’t have the time or the know-how to successfully manage their own social media accounts. Get in touch with a local business and offer to post to Facebook and Instagram for them, as well as replying to comments, messages, etc. You could negotiate a contracted monthly fee, and you’ll be all set.

6. Tap into your natural talent

It could be a flair for cooking, makeup, style, or art. Tapping into something you’re naturally good at can be a great side hustle – and you’ll likely have fun doing it, too. You could teach classes at Laneway Learning, promote yourself and your services on social media to work as a freelance makeup artist or stylist, or commission some of your art. As long as you’re prepared to give up a bit of your spare time, it’s a great way to make some quick cash. You could even bring your talent to YouTube and monetise it through ads, but you’ll have to put in the hard yards first to build an engaged audience and make it worthwhile for advertisers to use your videos.

7. Go undercover to earn money

Businesses large and small are always on the lookout for mystery shoppers to evaluate the service and quality of their stores. The job involves making a purchase – normally in retail or hospitality – and then reporting on the experience. If you have good verbal and written communication skills, a good memory and are reliable, you can get involved with an agency. It’s a unique way to earn some money if you’re an avid shopper anyway!

8. Review websites and apps

It’s basically the online equivalent of a mystery shopper – platforms like UserTesting, Enroll and Whatusersdo, will ask you to browse websites and apps, complete a set of tasks and record your thoughts as you navigate through. For your efforts they put a small fee into your PayPal account for each review you complete. You (probably) won’t make a living off it, but if you have a spare 20 minutes in your day, it’s an easy way to earn some extra cash.

9. Write and publish an eBook

It sounds like a tremendous feat, but the reality is that now anyone can publish an eBook – and if you’ve got a great idea and some solid writing skills, you can make some great money off it. Consider writing your book a longer-term project to chip away at in your spare time. But, once it’s published you’ll receive a passive income for as long as it sells, and you won’t have to raise a finger.

10. Get a high-yield savings account

Speaking of a passive income, if you’re lucky enough to already have some cash in the bank, one of the safest (and easiest) ways to make money is to build on what you already have saved. By changing to a bank that offers higher interest rates, you’ll be watching your account balance rise, and all you have to do is keep saving. This is also a great option if you’re just starting out with a savings account, and it might motivate you to put more away!

BONUS TIP: Decrease your expenses

Think of this as a handy tip to use solo, or partnered with another money-making idea. One of the best ways to get some money in your pocket is to keep it there in the first place! Try to save money by cooking your own meals instead of eating out, or you could call up your mobile provider and see if you can get a better deal on your phone plan. Lots of stores and services offer student discounts too – including hairdressers, restaurants, movies and retail stores – so you don’t have to completely give up the things you love about your lifestyle. Think smart, and do your research before buying, and you’ll be sure to save a lot of money.

Are you a student looking for casual or part-time work? Follow these hints and tips from Deakin University.

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