How to make money online without investments for students?

Studying is often a very important phase in a person’s life. However, college is a full-time job, and so students who want to make money are looking for part-time jobs that won’t interfere with their studies.

Other concerns for students are how to make money online without making a large investment or finding jobs that require minimal experience.

And here’s the good news. There are actually a number of online side jobs for students to make money from home.

What are the best ways to make money online as a student?

1. Sell insurance as a POSP

Becoming a POSP or Point of Salesperson and selling insurance can be a lucrative part-time job for college students. A POSP is an insurance agent who works with an insurance company to sell their insurance products online.

What are the requirements? – You must be over 18 and have completed Class 10. They are also required to complete a 15-hour mandatory training course offered by IRDAI.

How Much Can You Earn? – Your income depends on the number of policies you sell. So the more policies you sell, the more income you earn.

Can you keep this job? – Yes, if you have sales talent you can later pursue this as a full-time job.

Learn more about the steps, requirements, and regulations to become a POSP agent here.

2. Take up freelance work

If you are someone who is good at writing, coding, editing, photography, designing, or any other similar skill, you can make money online as a freelancer. All you have to do is register as a freelancer on portals such as Upwork, Fiverr, or Truelancer. Then you can start marketing your skills to potential clients.

What are the requirements? – As long as you have marketable skills, you can register on a freelance portal, although it may require a small fee.

How Much Can You Earn? – Your income depends on the type of work you offer and how much time you have to work.

Can you keep this job? – Yes, depending on the type of work you offer, you can continue to work full-time as a freelancer.

3. Start online tutoring

Students are constantly learning new things. An easy way to make money online is by sharing some of this knowledge. Whether you want to tutor school children or offer courses for adults who want to learn something new, all you need is a fast internet connection.

You can either sign up to a virtual tutoring platform like Udemy, Skillshare, or Coursera or simply reach out to friends and family via social media to broadcast your online tutoring courses.

What are the requirements? – Very little financial investment is required, although you will need to refresh some teaching skills.
How Much Can You Earn? – Depending on your expertise and the topic, you can earn up to $200-$500 per hour.

Can you keep this job? – Even if tutoring is not a practically full-time job, you can either continue to do it part-time or, if you are suitable, look for teaching positions in your field of study.

4. Find data entry jobs

Another option for students looking to make money online without investment is data entry jobs. Because it offers flexibility, this can be a good option for part-time work.

All you have to do is register on a trusted website like Freelancer, Data Plus, Axion Data Entry Services, or Guru and you can start accepting data entry jobs from companies worldwide. However, remember to verify their legitimacy before transferring your account details.

What are the requirements? – You need access to a computer and a good working knowledge of Excel and other Microsoft tools.

How Much Can You Earn? – A data entry job can earn you $30 to $1.50 an hour.
Can you keep this job? – Data collection jobs are usually part-time.

5. Beta testing of apps and websites

Since almost every student these days has access to a smartphone or a computer, trying out apps and websites is a great way to make money part-time. When companies and app developers create a new app or website, they hire users who conduct what is known as “beta testing”. You just have to test their websites or apps and report your user experience and identify any bugs or problems before releasing them to the public.

You can sign up for these jobs on sites like BetaTesting, Tester Work, Test.io, or TryMyUI.

What are the requirements? – You don’t need any special knowledge, but depending on the product you are testing, you may need an up-to-date Android, iOS, or Windows operating system.

How Much Can You Earn? – Depending on the beta testing process and your experience with the process, you can earn around $1000-$3000.

Can you keep this job? – Testing of apps and websites is usually done as a part-time job, but if you have programming or software development experience, you can use this experience in your future career.

So, students who want to make money online can easily do so by spending some of their free time more productively. Just be careful to avoid fake agencies, scams, and scams by doing the following:

Thoroughly research each site and check their reviews before signing up.
Be wary of websites that ask for your personal information.

Watch out for sites that require a lot of work but don’t pay you much in compensation.
Read each contract carefully before signing it.

And once you have taken these precautions, you can follow these easy and time-saving ways to start making money without investments.

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