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Claim tax back
Many students work part-time or during the summer months, and others will be on placements or paid internships. Usually, if you are a trainee working throughout the year, you will be overpaying earnings tax.
Why? Just since few students reach the personal tax-free income allowance each year however are put on an emergency basic tax-code by their employers meaning tax is being paid when it shouldn’t be.
To learn more and compute just how much tax back you may be due, see our guide on student tax refunds.
Get cashback when shopping
This is not just a method to make money but also to save money as a student. If you take a look at it in a different method then you are generating income with every purchase you would have made anyhow, whether it be 10% or 0.5% cashback.
There are a variety of cashback websites out there which pay you the commission they otherwise would have made.
We recommend registering with Top Cashback, Quidco.com and Swagbucks which are totally free and provide the very best selection of merchants and exclusives.
A part-time job is the apparent first choice, chose by many students wanting to supplement their trainee loan. It provides a pretty consistent flow of earnings and can enable you to gain valuable work experience.
However good jobs are not constantly easy to discover!
Start with our student job search, then check local classifieds and your university careers service for vacancies.
It’s also worth signing up with CV Library, a free service which will match your CV with suitable part-time tasks and profession chances.
Read our guide to finding a part-time task whilst studying for more pointers.
Gigs on Fiverr
Fiverr is now the world’s biggest market for people to generate income selling small services (called ‘gigs’).
What you provide could be definitely anything, from composing and equating, social networks publishing, playing tricks and teaching to creating music, voiceovers and short video clips for people all around the world!
The default price is $5 (thus Fiverr.), however you can connect extra services to gigs for more money Whilst it might not seem like much, it can quickly add up and there are a lot of examples of individuals making an actually excellent living from the site. The secret is to get a system in place which minimises the time spent on each gig.
There is another method to profit even more from Fiverr for possibly far less work. How? By simply reselling gigs elsewhere. Discover a decent logo design designer then reply to tasks on Upwork or even local classifieds. A $5 invest can easily become $50+, and it’s repeatable!
If you’re not thinking about costing all there’s SO much great things you can get provided for yourself. Have a browse and get inspired!
Review music for cash.
If you like music, make it your business by examining anonymous bands and artists online for cash with Slicethepie.
It can take a while to develop your reputation however some users of the site have said that they earn ₤ 40 a month. This may not sound like much, however if it’s something you delight in then it shouldn’t be effort and is another thing for your CV. Loan you earn will remain in $US but anyone can register and evaluation.
To get started, head over to Slicethepie now or read our fast guide for more info.