Thursday, 13 October 2022

Financial Independence of college student

Financial Independence in college life sounds an awful lot difficult, hard and unachievable, right? NO! because in this blog, I will tell you how you can become financially independent in your college life, and even though right now world's 90% of college students are not financially independent because they still depend on their parents to pay for their college. But if you want to be part of one of that 10% of college students who are financially independent in their college life and bear their expenses then read this blog till the end. This blog is a ULTIMAT GUIDE on how you can become financially independent in your college life being financially independent in your college means that you pay for all your expenses, a to z everything from college fees, hostel fees, food, hanging out with friends, celebrating and you are the one who's covering all. So basically college students have four kinds of major expenses

1. College fee

2. Accommodation expenses

3. Food Expenses

4. Personal Expense

For all this, you just need some little skills. Now some of you guys think that you need to be highly skilled to earn this kind of money give us an easy route to earn this kind of money but I have told you before, it's not everybody's cup of tea that anybody will hand it over to you well you have to put a little bit of work into it and maybe a few of you won't get money at the beginning. It's fine if you are not skilled, you can build your skill by working for free for around two-three months and when your skill is developed, it could be at a basic level you don't need to be a top-level professional then you can charge people for your service so let's talk about the top five ways

 

1. Internships

The first one is internships. Trust me internships are the best way to get corporate exposure. You get to work with a team in the company and an internship is where you get paid to build your skills and you get paid when you are free, either during your summer vacations or winter vacations. There are several websites like Internshala where you can look for internships I highly recommend utilizing your summer or winter breaks and joining an internship and earning through your internship.


2. Freelancing

The second method is freelancing. Freelancing is a method to earn money where you can earn a lot of money but your skills matter, you need to be skilled for that and once you have developed your skills and these skills can be from any field, it could be technical or non-technical, you can be a web developer, you can be a graphic designer, you can even excel at social media management wherever your interest lies or wherever the people need help with and that you can cater to devote a certain time

 

3. Work as Tutor (Online or Offline)

Since you are a college student, you have passed the school. There are a few subjects that you are good at that you can teach your juniors. These juniors could be your college juniors or school students so if you start teaching or begin with online or offline tuition services teaching is a very good way where you could teach students at cheaper rates and competitive rates and you will also get a good source of income through teaching

 

4. Entrepreneur

The fourth method is where you have an entrepreneurial mindset and you can solve real-world problems then you can even begin with a little business or a startup and starting a business or a startup on a small scale is not at all difficult you don't need to create a million-dollar startup, you just need to identify a problem that you can solve and then charge people with your solution and earn thousands per month. A lot of college students do it, you don't need a startup with a lot of funding, you can begin from scratch you can provide a business service to people and earn money through that

5. Content Creator

The fifth and final way to earn is where you become a content creator. Content creator doesn't mean you have to make reels or TikTok content. You can post videos on YouTube or create articles on a medium or put content on any other platform. Content that people want to consume or content that people want to watch or learn. You can easily earn an amount from that so these were the five ways to earn money in college but again these methods are neither too easy nor too hard invest a little bit of your time if you want to become financially independent you have to put your hard work into it and give a time of two to three months to it Develop a basic skill level and work on your ideas so that you could earn money. Thank you  

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Financial Independence of college student

Financial Independence in college life sounds an awful lot difficult, hard and unachievable, right? NO! because in this blog, I will tell yo...