Let’s make some money 🤑
There is only so much you can save, especially if you're on a slim budget. So it’s important to focus on the other side too.
Whether you're working or studying, you want to find a way to make money that complements what you're doing. Meaning that adds experience, skills and much more. See below 😉
1. For students: Scholarships, bursaries, student grants
You don’t have to be clever to get a scholarship or a bursary. In fact, institutions are having to work hard to get the attention of students, and over £150 million in scholarships in the UK go unclaimed every year. You’re much more likely to get some free money than you think!!
This is free money, and will only take a few hours of your time. Very much worth it.
Check out these articles to get as much money as you can in scholarships, bursaries and grants.
2. Work online + side hustles
Before going straight to a minimum wage job, I would recommend trying to earn money doing something that will build you skills. This way not only are you building skills that will help you in the future, but you’re also doing something that will look good on your CV. Some examples:
- You teach yourself some programming and learn to build websites which you then sell as a service
- You teach English/another language/your subject to others and charge for it
- You start a blog to practice your writing and marketing skills which you then sell for a service. (#me)
Thanks to the internet, this list can get pretty long!
Here are some cool articles to figure out a cool side hustle for you:
And if you want to dig even deeper, I’ve created a snazzy PDF which details how I earn over £500/month with skill-building side hustles. To get it, just pop your email in below 😉
3. Student job
These range for waitressing, to working in call centres to shop assistant. I think we all know how draining and unfulfilling some of these jobs can be.
Many times they pay minimum wage, don't have the best working conditions and you're easily replaceable (meaning you can get a nasty boss).
I’m not saying don’t get a job, I’m just saying look at the options of side-hustles and working online before doing so. If self-employment isn't for you, then by all means go ahead and look for a student job. If you find a good gig then it can certainly a great option.
Here are some articles to help you along with that:
Awesome! Your budget is in place, you’ve lowered your mandatory expenses to the maximum and are living on something you’re comfortable with. Now you have a ton of options to optimise the income side of things.
So what’s next?
Click below to find out 😛