Education

Coping With The Cost of College

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Coping With The Cost of College
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College is expensive.  Even if you put the tuition fees to one side, you then have rent, living expenses, travel costs and so on… indeed, the prospect of sending their kids to college can be a real uphill struggle for many families and whilst it’s nice to provide in the form of college care packages, tackling the almighty cost of college isn’t something most families can manage – which is why this article looks at a number of inventive ways to make an extra income whilst at college.

Before that, it should be mentioned that if you’re looking for a more frugal way to receive a decent college education, the majority of major universities are now offering distance learning opportunities; even internationally – as an example Aston University, a leading university in England offer a business management degree by distance learning that would save a huge amount of money in terms of travel, accommodation and daily living expenses.  

In any event, it’s always good for students to earn some extra income to help fund their studies and lifestyle, so here are five simple ideas to inspire you to take action.

  1. FLIP THRIFT STORE ITEMS ON EBAY

A quite enjoyable way to make money is to treasure hunt around thrift stores and yard sales, looking for items that you know have a strong desire on eBay.  Often, people aren’t aware of the value that’s in amongst the vats of items in thrift stores and with a bit of careful research and rummaging around boxes, you can find some incredible high profit deals.

  1. SELL FREE ITEMS

Lots of people have items that are “free to a good home”, presuming you have the means and manpower to come and pick them up.  You could simple use eBay, but If you match this with people putting requests in the ‘want to buy’ sections of newspapers and online listings, such as Craigslist this will be the most efficient and reliable way to ensure you are gathering items that you can sell on; after-all, you don’t want to have to rent out a storage unit just to put things nobody wants in storage.  The most expensive aspect of this set-up is having a vehicle large enough to transport the items, but this can pay for itself, if on top of the sale price for the item, you are able to charge a few dollars for delivery to the new customer.

  1. DONATE BLOOD PLASMA

There’s a limit to how much you can make doing this, as there is a restriction to how many times a week you can attend, but typically your time investment would be around three hours per week in order to make $250 to $350 per month.  Understandably, this isn’t everyone’s cup of tea but it’s a rewarding way to make money on the basis your blood plasma is necessary to help fuel life saving operations.

  1. BABYSIT

Babysitting can be easy money.  If you’re lucky, the kids will be asleep most the time, and you’ll get free time in someone’s home to study or earn even more income by, as an example, being paid to browse websites or answer online questionnaires.

  1. MOW LAWNS

Whilst this is clearly restricted to three seasons of the year, if you charge $25 per lawn, and mow ten lawns a week (basically a weekend’s work) you’ll make $250 per week – that’s a $1,000 per month… and the best part of this, is that once you get regular customers, you can build up a monthly ‘round’ of appointments that generates a reliable stream of income; and doesn’t require you constantly getting new customers.

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