1. No-risk matched betting Hands down the quickest way to make a lot of money
(well, without breaking the law). Lots of students have
genuinely made £100s from this technique. It’s
completely legal, risk free, tax free, and anyone can
do it. It works by taking advantage of free bets regularly
offered by betting sites (such as PaddyPower.com) through ‘matching’ them at the betting exchange Betfair.com. Matched betting eliminates the risk (you are betting both for and against a certain outcome). This leaves you being able to squeeze out the free bet,
which can be as much as £200! Multiply this by how
many betting sites there are and you can quite easily
come away with a profit of a few hundred pounds. Owen walks you through how to make your first £15
profit (using a real life example) in this gem of a guide to matched betting. If you know of any better way to make £30/hr sitting at home, please let
us know! 2. Online surveys An increasingly popular way for students to make
money is to fill out online surveys in their spare time.
Research companies are always recruiting new
members to answer surveys and test new products. For a few minutes of form filling, you can make a
couple of quid which is paid as cash or in rewards.
You can make up to £3 for some surveys! A few good ones to try are: Toluna, Pinecone, Vivatic , The OpinionPanel, MySurvey , Valued Opinions, SurveyBods, Global Test Market, Hiving, PanelBase, Harris Poll, Opinion Outpost, iPoll, YouGov, New Vista . Also sign up for Swagbucks.com which rewards you for surveys as well as simply surfing the web,
watching videos and playing games. Update: See our new full guide to the best paid online surveys! 3. Paid for searching the web Interested in earning cash for doing what you already
do online? This has to be one of the easiest methods of
making money online without really any effort or
change in your behavior. This innovative idea by Qmee.com rewards you for searching in Google, Bing or Yahoo. You just install a
simple add-on to your browser and when you conduct
a search there may be a few sponsored results
alongside your normal search. Each Qmee result has a cash reward attached – if you
are interested in it simply click on it and collect your
reward. The best thing is there is no minimum to cashout – for
instance we just wired 72p to our Paypal account. You
also have the option to donate it to charity. Sign up now for free and start earning from your own
searches! Click here to start. 4. Social Investment Networks The historically hard-to-break world of investing in
stock markets and currencies has been cracked wide
open. Today there is no need to be a fat cat or fund the
yachts of Wolf of Wall Street style stock brokers. You
can do it all yourself with the help of free online
market trading platforms. Having spent many hours researching this new
opportunity, I’ve been experimenting with eToro.com which has over 300m users worldwide. It was recently featured in the BBC 2 documentary
“Traders Millions by the Minute” and the Financial
Times. One of the best things on eToro is the CopyTrader feature. This lets you literally see, follow and copy the
investments of other top performing traders.
There’s also lots of training material and videos to
help you out, and it’s free to create an account and use. Start trading with a reasonable deposit and learn the
ropes slowly. I think $200 is a good amount to get the
most out of the learning curve by trying out a few
different markets. If nothing else you’ll learn a great
deal about various investments and industries. So far I’m up 28% on my initial deposit of $200, but
of course it can be volatile and you can lose money, so
don’t throw your life savings into it! 5. Mobile phone recycling See how much you can get for your old mobile phone
using our in-house mobile phone price comparison tool! Maybe ask your parents if they have any lying around too. You can get some good money and help the
environment by recycling mobile phones with certain
companies listed on the comparison tool. Most phones are shipped off to Asia to be dismantled and we know
of at least one student who received a £120 cheque in
return. 6. ‘Get Paid To’ sites Similar to making money from online surveys, GPT
sites reward you in cash and vouchers for completing
various offers or activities online. The most popular sites today are Toluna, Swagbucks.com, Bank of Offers, InboxPounds and PaidOffers. Exciting update! We’ll soon be launching our own GPT service for our readers. Invites will be limited and
UK only, please join our mailing list if you’re
interested in hearing once it’s live: Subscribe 7. The ‘Disney Vault’ secret To keep demand high across generations, Disney
Studios carefully restrict the supply of some home
release classics. They are locked away in the
‘vault’ for 8-10 years before being released for a
short unspecified time. Buy them in this window at normal retail price and
you can turn a nice profit when they go off sale for
another decade or so. For example, in 2011 you could buy Beauty and the
Beast on Blu-ray 3D for just £24.99. In just a couple of
years it’s now on Amazon for a staggering £74.99! Importantly, not all Disney releases are subject to the
vault and only the true most popular classics will
maintain such demand. Right now there are just 2 titles out of the vault which
I would recommend snapping up. They are Bambi Diamond Edition Blu-ray for just £13.50 and Cinderella Diamond Edition Blu-ray for £14. 8. Start your own website If you’ve ever seen the film “The Social Network”
then you’ve most likely had your brain spinning as
to what website you can start-up to make you billions. And of course there are lots of stories out there about
successful students who have started a site while at
university, or even bought a domain name and later
sold it for 1000s. In fact, Save the Student is one such example of a
website started at university by Owen Burek in his first year, which has since grown into a full-time and
successful enterprise. Read Owen’s 4-step guide to setting up a website if you’re interested in finding out more. It’s really
not that difficult to get started and there are plenty of
opportunities to make money online. 9. Write and publish a Kindle eBook If students are good at anything, it’s researching
and writing. With the Amazon Kindle store , anyone can publish an eBook and make money. And the Kindle app is now available on almost any
device (laptops, iPads, smartphones and yes, Kindles)
so your global market is huge! List your book for £1.49 – £6.99 and you earn 70% of
the sale. Considering Amazon is the ultimate selling
machine (and remember people are looking to spend),
that is a fantastic deal. The key to success with eBooks is to create value, and
write non-fiction. Simply bundling information you
have researched and complied on a common problem
(eg. ‘secrets’ to finding a job) and then presenting
it in an easy to digest format (an eBook) justifies
someone spending a few quid on it. Another big tip is to have a great cover designed so it
stands out, and once your book is live on the Kindle
store (approval takes less than 48 hours) it’s really
important to get some reviews so it shows up higher
in results. Encourage readers to leave an honest
review at the end of your book. The best thing about this lucrative idea is that once
you’ve invested the time (say 20 hours), you’ll
earn a passive income for years to come! For a step-
by-step guide to publishing and earning with eBooks,
see “How to write a nonfiction eBook in 21 days “. 10. Affiliate marketing If you’ve got a good presence on social media or
perhaps you even have a blog or website, you can start bringing in money immediately by promoting all
sorts of companies, products, services and offers
online.
