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Friday 19 June 2020

HOW TO EARN MONEY WHILE STUDYING 

HOW TO EARN MONEY WHILE STUDYING

The time we waste daily on Facebook and WhatsApp can be utilized by trying to have a passive income by just sitting at home online. If we can do so, we don't have to ask for money for our parents for every little thing. After being admitted to college, everyone's expense increases. And then we feel hesitant to ask for money from our parents for every little thing. So if we can earn at least, our pocket money we can stay tension free. So today, let's find out some solutions to this life problem.   

During college life, we have two resourceful- 1)time and 2) energy. And the resource which we lack most is money. So I will talk about only those ways of passive income, which mainly required time and energy, but the requirement of cash is low or even doesn't required at all. Smart idea 1:youtubeFor the students like me, the best way for passive income is youtube. No other platform is as simple and as big as this, for generating passive income. Because there is no strict rule that you must have to upload a video daily weekly or monthly, and even there is no deadline. Whenever you get free time, You can work as you like. So freedom is full. The next point is an investment. Here the required investment is also 0.

 So if you want, you can easily make videos by just using this phone. It will be better if you have a laptop or desktop. And also, you can open a youtube account and Adsense account free of cost. So the required investment to start a youtube channel is 0. I also started with 0 investment. And once you become famous on YouTube, you will be able to earn not just the pocket money but also your family's total expenses. You have to keep two things in your mind before starting a YouTube channel. 

1. The topic on which you are starting your channel must be one of your favorite items. So that you love what you do. 

2. You are at least better than Normal people in that work. And these ads are served by Google Adsense. So after creating a youtube account, you have to link that with an Adsense account. You will get step by step tutorial on this topic if you search on youtube. 

Smart idea 2: In affiliate marketing, you have a considerable number of friends or followers on social media like FB page or Instagram account.

Then you will be able to earn money just by promoting a product by posting the affiliate link for that product on your social media account. 

Flipkart, Amazon, has an option called an affiliate program. First, you have to join by creating an accounting affiliate program. This is free. Then you can generate an affiliate link of any product and post it on your social media account. After that, you can request your friends and followers that if they like that product, they can buy the product by following that link. If someone visits the website by clicking on that link and within the next 24 hrs if he or she buys a product from that website, even if they buy some other products, then also you will get a commission on that. Because you have promoted the site by posting that link on your social media account, but in this case, first of all, you must have some followers who trust you. And you have to build that trust first. 

Smart idea 3: freelancing, you are an expert in any of these kinds of jobs like typing, article writing, video editing, or logo designing, which can be delivered online to your customers. You can earn money by opening a free account on different freelancing websites like fiverr.comby providing that particular type of service. Here how it works, suppose you give the service of logo designing. So sometimes, if a company wants to design their logo, they may visit fiverr.com and search there. If they like your profile, they will place you an order to create a logo for them. If you agree to provide the service within the given deadline and successfully submit it within that date, then they will pay you the money through that website. Here the minimum fee is 5 dollars. 

Now, if you are working as a freelancer, then there is no fixed surety of getting new order within a fixed limited time. Also, after getting a rule, you will be given a deadline, and you have to deliver your service before that. 

Even at first, you will require a lot of patience, because only after you complete many successful orders when your work record looks goodwill, you get requests quickly. 

Most of them don't prefer newcomers. Smart idea 4: photography this era of the internet, the demand for new photos are increasing day by day. It may be for a website or article or presentation. The scope of earning money through photography increased exponentially because of the increase in the demand for digital images in commercial use. So if you love photography and have a good camera (maybe a DSLR or your phone's camera), you can earn money by clicking good photos. You can open free accounts on different stock photography websites like 500px.com or istockphoto.com, and you can sell your photos over there. 

Smart idea 5: blog/ websiteThis idea is at the last because this requires some technical knowledge, and in case of websites first, you will also need some money for investment. Although, in this case, the amount you will earn is much more than the amount received in other ways. If you face difficulties in making videos, then the best idea for you is to start a blog. By opening a free account in google blogger, you can start your blog by writing about your favorite topics. 

Or, if you have 2k or 3k rupees for investment, you can then hire someone to build a website for you, and then you can start posting on your website. The more the number of visitors will increase, the more your blog or website will go upwards in search ranking. And then, by putting ads on your website or blog, you can earn money while you are sleeping. 

The main thing is to stop wasting time. Because getting admitted to college means taking your responsibilities on your own, it is time to learn. So in place of spending time, you have to utilize doing some creative work that is meaningful to you and from which you get some financial support. Because it is the best time to invest in money and energy for your dream career, if you waste this time out of nothing, then in the future, there will be no other option than regretting and blaming others. 

At last, let's sum up the whole article. The best five ways to generate passive income in student life are 
1. Youtube 
2. Affiliate marketing 
3. Freelancing 
4. Photography 
5. Blog/website

Why passive income is so important is made understood by this quote, quoted by T.Harv Eker, who is the author of the best selling book.
"secrets of the millionaire mind," he said -"you become financially free only when your passive income exceeds your expenses." At last, a little request for you. 

Thanks for reading!

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