Easy Ways to Make Money and Reduce Student Debt

Education is now more expensive than ever before and so if you don’t want to leave with a tonne of debt dragging you down, you will need to try and find different ways that you can make money to reduce this debt.

Below, we have listed some of our favourite ways that you can easily make some extra cash and that will allow you to reduce your student debt significantly.

Table of Contents

Get a Part-Time Job

This may seem like an obvious one, but the easiest way that you can bring in a good amount of money to reduce your student debt is to get yourself a part-time job.

Once classes start, it can become harder to get a part-time job, so try and set up your student checking account early and get in there so you will have a wider choice of part-time jobs to choose from and you can pick the one that will best suit you.

Be an Extra

Did you know that you can earn quite a bit of money by becoming an extra on television? This is easy money as all you need to do is essentially be a living prop and get paid for it!

There are plenty of websites that will allow you to sign up for this type of job and will have you on your way to getting your 5 seconds of fame.

Tutoring

A great way to earn some extra cash is to put your academic expertise to good use and become a tutor. This can be a very profitable money maker as you could earn up to $30 an hour.

There are lots of job boards and tutoring sites that you can use to get your first round of students to tutor.

Sell Your Notes

It is time to put your hard work to good use as not only can you look into tutoring, you can also look at selling your notes.

There are specific online sites that will allow you to sell your notes online, which is a win-win situation as it will also provide other students with the extra help that they may need.

Mystery Shopping

Mystery shopping can actually be a good earner and really does not require much effort on your part to carry out. All you need to do is visit the store that you have been asked to shop at, make a specific purchase and take notes of this purchase.

You will then receive the money back for your purchase along with your fee for the actual job. Mystery jobs can range from paying you just a few pounds to one hundred, plus you can enjoy the great freebies along the way!

Ebay

Ebay is a bigger money earner than you may previously have thought and if you have lots of unwanted items then this is the perfect place to head to.

Get rid of unwanted items and make money while you do so, what could be better than that?

This is a guest contribution by Jenna Hilton.

Comments

Aadarsh says

September 25, 2018 at 7:21 am

Hi Jena,

Awesome post with good tips for students. I thoroughly enjoyed reading the article and i like the points that you have suggested. These tips are helpful & easy ways to make money. Getting and doing a part time jobs will definitely helps to make good income and reduce the student debt. Being an extra on television will also works well on getting some good amount of cash and is also a good & effective way for getting a name,fame & money. Tutoring is a good way to get some extra amount of cash. Becoming a tutor can be a profitable money making tips. selling the notes will helps a lot and also is an effective way of putting the hard works and efforts in some good use. Doing a mystery shopping will helps a lot. Your all the tips are effective and will be helpful for many peoples for making some money. Your all tips are helpful but an idea of getting a part time jobs & being an extra on television are great and are also my favorites.

Very helpful article with good suggestions and thanks for a share.

Thanks
-Aadarsh
Praveen Verma says

September 25, 2018 at 10:48 am

Hi
Jenna,
You have listed some best part-time money making sources and it will be very helpful for students. Tutoring is one of the best ways for students to earn some extra cash. Yes, there are many tutoring and job boards sites available online where they can put their academic expertise and become a online tutor.

I like the tip on “Mystery shopping” and I have heard about it for the first time. Yes, Ebay is one of the best places to sell unwanted items and earn some good revenue.

Thanks for sharing this post.

Have a good day.
Praveen Verma
Ryan Biddulph says

September 27, 2018 at 12:33 am

Good stuff Jenna. Tutoring will always be popular because students seek a way to learn. I’d add; while making money through these solutions, start blogging. Establish a long term income stream to pad savings and to open you up to a fun, freeing way to live.
Sathish Arumugam says

November 13, 2018 at 1:28 pm

Getting into a big pile of student loan debt is something a lot of people don’t want to do now. There are so many ways to pay the student loan or even reduce it without having to do a lot. These tips help to focus more. Paying off student loan fast is a great idea for those who are looking for save money and escape the anxiety that comes with thousands of a dollar in debt hanging over their heads.