Learn How a Skint Student Makes Money

Being able to earn extra money is great whether you’re a student or not, and if you can find ways to fit it around your busy lifestyle then that’s even better.

Being a student comes with many stereotypes – lazy, constantly out partying and being skint.

Funnily enough, they all go hand in hand – all those £1 messy bomb shots at the student union add up after all!

Some students are too lazy to get a part-time job, but for the vast majority, it’s simply too difficult to balance the constantly changing timetables and deadlines with a part-time job.

So here are my top 5 ways of making money as a student that is flexible enough to fit around a crazy, or lazy, lifestyle. The best thing is that even if you’re not a student you can still make money in these ways.

Psychology experiments

Now, this one isn’t as terrifying as it may sound. Basically, psychology students need people to take part in experiments so that they can use the statistics to write up reports.

The pay can vary enormously from job to job, and it’s worth checking out FULLY what’s involved.

I have been paid £3 – £5 for random half-hour jobs like testing my reaction times, checking what colours I can see on a screen and filling out surveys.

There are also higher-paying tasks. My friend is currently being paid £200 to gain 7kg in a month by eating a tub of Ben & Jerry’s ice cream every day (which is provided) and then losing all the weight again in 3 months.

The experiment tests if people from different ethnicities gain weight in the same way, and where the fat lies on their bodies.

In fairness, I think my friend is more interested in the ice-cream and tasty pay cheque at the end!

So how do you find these paying experiments?

The best place to look is either around the university or even online.

Noticeboards, stairwells, and student forums are all great sources of information.

Whenever I am walking past one, I will always check and see if there are posters advertising, and either jot down the info I need or grab a tear-off slip with the details on it.

Be careful to read them properly – some experiments need people of certain ages, genders or ethnicities and don’t sign up for the longer-term ones if you aren’t willing to go through with it all.

Not all of them require you to be a student at the university, so drop the person a quick email to see what’s what.

Make money with Swag bucks UK

As a student, I spend an obscene amount of time on a computer. I would love to be able to say it’s all essays and studying, but let’s be honest – social media exists.

So I decided recently, rather than wasting hours scrolling through cat memes and re-used jokes on the book of faces, why not try to turn that time into something more useful – like money?

This all ties in quite nicely with the fact that, when you’re a student, gift-giving standards seem to drop a little.

Partly due to lack of funds, and partly because you’re so busy with other stuff, you probably remembered about a friend’s birthday at the last minute.

Both of these issues can be solved by the wonder that is earning Amazon gift cards.

My favourite site to earn Amazon gift cards is on Swag bucks UK – simply build up your Swagbucks through games and surveys and exchange them for gift cards!

At first, it may seem a little time consuming, but once you get into a routine with it, you’ll be flying.

I earn around £30 a month in gift cards – plenty to cover all those surprise birthdays!

And with a 6-month trial membership of Amazon Student, you can get next day delivery for free – so they’ll never know you forgot!

Top tips for making money with Swag bucks UK

• Sign up to Swagbucks here to get good head start.
• Hit the daily target
  Every day you will be given a target amount of points to reach and when you do this you’ll get a bonus. The longer your winning streak, the more points you get at the end of the month.
• Watch videos
  Wondering what’s out in the cinema at the moment, wanting to do some DIY or improve your yoga skills? Swagbucks has so many videos it’s unbelievable. So instead of watching another failed stunt on YouTube, try getting paid to watch a comedy show on Swagbucks.
• Play games
  When I need just a few extra bucks to make my daily total, I head to the game section. I find online games great fun and pretty addictive, so sit and play them anyway. On Swagbucks, I play Swagjump which is similar to other games you will find online, but you earn points. BONUS!

Be sure to check out a more detailed Swagbucks UK review for how to make the most bucks!

Win, win, win

Among my more normal student hobbies of sport, tea-drinking, and studying, I have a hobby that most people look at me weirdly when I mention. I am a comper.

I love entering competitions on Twitter, blogs, emails, you name it, and then waiting not-so-patiently for the postman to bring me a present in the post.

Now, comping simply to make money is somewhat frowned upon, however, it can save you a lot of money, and selling off the odd prize that you just don’t have use for is perfectly okay.

I won a pair of gorgeous Adidas shoes the other week and was gutted when they didn’t fit. However, when I sold them on eBay for a cool £120 it didn’t seem quite so bad!

Another common one to win is tickets to events.

If these events are local, the competitions usually have a lower number of entries, so you have an increased chance of winning.

Then, since you normally win a pair of tickets, you can sell the other one or, if you’re feeling generous, take a mate and enjoy a free night out!

Student tutoring 

For those students that find university isn’t enough of a brain to work out (I’d love to meet you) or just miss the joys of Highers and A-Levels, you can make a little extra money by passing on your wisdom.

For me, tutoring is one of the best ways to make money as a student: you are keeping your brain active, it’s so rewarding to help other people, it doesn’t take up too much of your time and, the crucial ingredient, it’s a nice wee earner.

I have been tutoring for about two years now, and couldn’t recommend it highly enough! I have met some great people, and have managed to avoid a part-time job at university.

The key to tutoring is contacts and preparation. Don’t go in thinking that the one hour contact time is all the time it will take – the prep and learning can be time-consuming, so be sure to take that into account.

I charged around £15 when I first started, and just tutored younger friends. Once I got into it, and they spread the word a little for me, I managed to get a good base of tutees.

However, it can be even more flexible than that.

MyTutorWeb is a great online tutoring base and as long as you attend a Russell Group University, are studying your subject and achieved the appropriate grades in the subject at school, you could use them to tutor online.

This also opens up so many more opportunities to connect with potential students, and the location is no longer an issue!

Tutoring really is such a flexible money-maker!

Shopping

The food shopping is a task all new students have to get to grips with – finding the best bargains, choosing healthy options or picking the quickest meal.

However, did you know that you can make some money when you are shopping?

There are two ways to do this.

One is being a mystery shopper. You go to a set shop, answer some questions and take some photos. Upload the results to the appropriate site and receive some money back as an incentive.

My favorites are iPoll and Click and Walk, mainly because I can get them on my mobile. Although this isn’t a consistent stream of income, it contributes towards my emergency fund and it’s always nice to get a little money boost.

The second is cashback. Again, I like using an app for this – mainly CheckoutSmart. Simply upload a picture of your receipt onto the app within a week of your purchase and receive cash back on certain selected items.

This quickly adds up, and they are very efficient at finding you the money.

Related post: How Wombling Can Save You Hundreds on Your Supermarket Shop

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Although none of these are set to make you a millionaire overnight, these ways to make money are perfect for students and can all build up.

Putting a little money away each week really adds up – just try not to splash it all on ‘Pints of Fun’ at the union (don’t ask, you’re best not to know). So long skint student, hello savvy moneymaker!