Finance

How To Be Financial Independent As A Student?

Once in a lifetime, we all wish to relive our old-school days but financial independence remains an issue for most of us.

Student life is the most vibrant and colourful time of everyone’s life. Whether it is about going to school or college, attending lectures or gossiping with friends, bunking a class, or falling in love for the first time, it is the best time ever in our life. However, financial independence remained an issue for most students. They had to depend on pocket money or ask for money from their parents.

So, let’s tell you some hacks for becoming financially independent in your student life:

  1. Make notes and sell them to your juniors: You can attend your classes and prepare notes on every subject, and you can sell those to your class juniors. By doing this, you can earn a handsome amount of money, and it will help you prepare for your term examinations too.
  2. Content Writing is one of the many ways to earn extra money while studying. If you are very fond of writing, it is an opportunity for you. In our digital era, we all are moving towards the internet and website articles. There are many websites and portals where you can post your writing and generate a good amount of income.
  3. Video Editing is an innovative way to start earning an extra penny. Today, our video content has become an essential part of our lives. Social media platforms, such as YouTube, Facebook, and Instagram, promote the importance of video advertisement every day. So, if you are interested in video editing, it can be an opportunity to start as a freelance video editor. Even in the future, you can take this as your primary source of income.
  4. Give private tuition in your free time to earn your pocket money. If you are interested in teaching, giving private tuition classes is another source of income as a student. You can take classes or take doubt-clearing sessions according to your favourite subjects after school or college. By this also, you can generate a handsome amount of pocket money.
  5. Selling Products Online can be a start for business-oriented students. Today, in our digital era, online shopping has become part of our life. If you are very good at marketing or selling products, you can move ahead with an idea. You can purchase any product from the wholesale market and sell it online by taking a percentage of the profit. Or if you are a good painter or can make beautiful handicrafts, then also those things you can sell online. It can be your source of income and make you financially independent.

Orna Ghosh

Orna is an engineer from Northeast with a keen interest in creative writing. Mysterious facts and thriller stories creates a buzz in her. Living in the city but her heart always belong to the hills, after all Winter is Coming. Let's cosy up and grab a cup of Coffee with some new stories to read.
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