As a student, time and money can be scarce, which makes earning extra cash online an appealing option, especially if you don’t want to work more than you already do. If you’re looking to make money online without having to invest money of your own, this list of 7 ways to make money online as a student without investment might be just what you need! Make extra cash on the side by monetizing your internet addiction!
7 Ways To Earn Money Online Without Investment for Students
1) Daraz VA
If you’re looking for a way to make money online as a student, you should definitely check out Daraz. pk. Daraz is Pakistan’s leading eCommerce website with millions of products across 18 categories and over 10,000 brands. They regularly hold flash sales, making it easy for users to earn cashback on every purchase they make. With affiliate marketing opportunities also available, it’s easy for students like you to start earning an income from home without any initial investment.
2) P2P Lending
Many students turn to peer-to-peer (P2P) lending sites, like Lending Club and Prosper, where you can crowdfund personal loans from other individuals. One benefit of P2P lending is that there are no credit checks, so it’s easy for students to get a loan even if they have less than perfect credit. Some people prefer P2P lending because you choose your own interest rate and loan length. If you need money fast and don’t want to pay high-interest rates on credit cards or student loans, consider using P2P lending sites. Just keep in mind that with these types of loans, there is usually very little consumer protection if something goes wrong with your borrower.
3) Sell products on Amazon
Selling products on Amazon is an awesome way to make money online. If you want to learn how I’d suggest checking out my review of Sellics (it’s like Jungle Scout but for Amazon). There are several ways that you can sell products on Amazon, but using Fulfillment by Amazon (FBA) is by far the most popular and easiest method. You send your items to Amazon’s warehouse and they ship them to you. They handle customer service, returns, damaged goods, shipping – all that good stuff for you. They’ll even store your items in their warehouses if needed.
4) Start your own business
Starting your own business is one of the best ways for students to make money online without investment because it allows you to reach your financial goals without selling off a part of yourself. If you’re passionate about entrepreneurship, consider making that passion into a career by starting your own business. There are all sorts of businesses you can start with very little capital—and many require zero upfront investments. Look at something like DogVacay, for example, where people are simply renting out their homes and/or dogs for overnight stays and bringing in some extra cash each month. Check out our post on all 7 ways students can make money online here or read more about dog walking services here.
5) Offer services on Fiverr
Fiverr is an online marketplace that allows you to sell a wide variety of services for $5. Whether you have video-editing skills or can write content, Fiverr offers a quick and easy way to earn money online without investment. If you’re looking for more traditional ways to make money from home, take advantage of all your options: Try freelance writing jobs on sites like Problogger or freelancer marketplaces like Elance. And if you really want to turn your passion into profits, explore whether starting an online store is right for your business.
6) Use Amazon Mechanical Turk
If you’re interested in making money online, but not ready to quit your day job, Amazon Mechanical Turk is a service that might be for you. This platform allows users to complete small tasks (known as HITs) for other people and receive payment for their work. Each task takes about 10 minutes and earns anywhere from $0.01 up to $1.00, depending on how difficult it is. You can currently find HITs that pay as much as $100, though they are rare. There are some risks involved with using MTurk—the most obvious being scams—but it is generally a very safe platform and worth trying out if you have some free time during school or in your spare time at home.
7) Cleaning Services on TaskRabbit
If you live in a large city, there’s an app for that. TaskRabbit has you covered with over 50 cleaning tasks. You can sign up to work one day per week and pick your tasks, or just work one-off jobs like prepping food trays at a restaurant. These can earn anywhere from $10-$60 an hour depending on how skilled you are. Even if TaskRabbit doesn’t have specific jobs where you live yet, it can help get your foot in the door with local cleaning services so when opportunities come up, you can start picking up additional work immediately—the more references and experience with different clients that TaskRabbit provides its cleaners with, after all, the better its ability to place you wherever it needs more help.
I hope that after reading my Beginner’s Guide to Freelancing you feel more confident about how you can earn money online without any investment. Anyone can indeed do it, but if you are serious about getting started I strongly suggest checking out my other guides: How to Start an Online Business for Beginners and How to Pick a Profitable Niche for Your Website. Whether your goal is passive income or you want to grow your business from scratch, these guides will help you every step of the way.