10 easy ways to make money quickly
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 WilliamHill.com) through ‘matching’ them at a betting exchange. 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.
Owen walks you through how to make your first £15 profit (using a real life example) in this gem of a guide to matched betting. If you know of any better way to make £30/hr sitting at home, please let us know!
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, Vivatic, The Opinion Panel, MySurvey, YouGov, SurveyBods, Valued Opinions, iPoll, Global Test Market, Hiving, PanelBase, Harris Poll, Opinion Outpost, Yourword, Pinecone, IPSOS, 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.
Update: See our new full guide to the best paid online surveys!
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 – our first one was just 72p wired to our Paypal account. You also have the option to donate it to charity.
Sign up now for free and start earning from your own searches! Click here to start.
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 – our first one was just 72p wired to our Paypal account. You also have the option to donate it to charity.
Sign up now for free and start earning from your own searches! Click here to start.
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 has over 4 million users worldwide. It was recently featured in the BBC 2 documentary “Traders: Millions by the Minute” and the Financial Times.
5-‘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.
Similar to making money from online surveys, GPT sites reward you in cash and vouchers for completing various offers or activities online.
6-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.
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.
7-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.
8-Gigs on Fiverr
Fiverr is now the world’s largest marketplace for people to make money selling small services (known as ‘gigs’).
What you offer could be absolutely anything, from writing and translating,social media posting, playing pranks and teaching to creating music, voiceovers and short video clips for people all around the world!
The default price is $5 (hence Fiverr..), but you can attach extra services to gigs for more money. Whilst it might not seem like much, it can quickly add up and there are plenty of examples of people making a really good living from the site. The key is to get a system in place which minimises the time spent on each gig.
But there is another way to profit even more from Fiverr for potentially far less work. How? By simply reselling gigs elsewhere. For example, find a decent logo designer then reply to jobs on Elance or even local classifieds. A $5 spend can easily become $50+, and it’s repeatable!
If you’re not interested in selling at all there’s SO much good stuff you can get done for yourself. Have a browse and get inspired!
9-Buy and sell domain names.
A domain name is just a website address (eg. ‘savethestudent.org’ or ‘mysite.co.uk’) and there are lots of extensions (.com, .net, .co.uk etc).
They cost as little as £1.99 to register with 123-reg.co.uk or GoDaddy.com yet premium domain names can fetch £1,000s if not millions when sold on. In 2007 VacationRentals.com went for a cool $35m!
Now you’re probably not going to come across anything like that, but you can still turn a quick profit with a bit of searching. The trick is to find available domain names which have some commercial value, snap them up and then list them for sale on a site like DomainLore.
10-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.
For lots more tips on selling on eBay read this guide.
There are many other creative ways to make money as a student. With any luck you’ll be on the road to making millions!
There are many other creative ways to make money as a student. With any luck you’ll be on the road to making millions!
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