If you don’t know what a budget looks like, just understand that there is a part to it that has you putting away a certain percentage of your income for your children’s college education. However, there are two things wrong with this. The first is that budgets are usually only used by middle aged people and older. In reality, they can be started as young as however old you are when you first make money from work you did (excluding chores).
The second factor that goes along with the first is that it would be best to first save a certain percentage of income during your youth to pay for your college career. If that is done, then it is guaranteed that by graduating college without any loans and debt that it will be a hundred times easier to save money for your own children so they can go to college. However, this has yet to become a trend in society. For the time being, you can always use the following ways to earn some extra money for college.
Stock Photography: With the increase of websites and blogs, the need for professional, and sometimes even mediocre, photos are becoming a necessity and thus profitable. By taking photos of something as simple as a stack of books, you can upload them onto a website to sell to others.
Seasonal Work: The great observation about seasonal work is that it can always be done on top of a current job. It is almost only a few hour task that you may do once or twice a week. Whether it is cleaning gutters or shoveling snow, tacking on the extra bit of work can make you enough to pay a small portion of college expenses.
Selling: Prior to attending college, most teenagers have accumulated a lot of “stuff”. This “stuff” can be sold on eBay, Craigslist, or at a garage sale. However, selling does not need to stay with what you have left in your room. You can also create t-shirts, art, necklaces, and so much more to be sold. Realize what craft you specialize in and monetize it.
Teaching: It is a bit ironic that you would make money teaching before you go to a place to learn, but there are hundreds of opportunities to tutor and teach younger children the basics in math or science. There is also an opportunity to tutor in language. This of course would be the greatest benefit to someone who is already bilingual.
Working More: When it comes down to it, the only way you will make more money for college is if you work more. The trick to it though is to try and find work that pays based off of effort, not your time. This can range from doing lawn work and painting a house for a neighbor to becoming a salesman for a year before entering college. Whether it is getting odd jobs, getting a second or third job, or finding a career before graduating college, the best way to make money for college is to work for it.
These are basic but tested ways to earn money for college. Do you have other methods that work or have worked for you to share? Please leave us a comment with them.