Earn Money Online Without Investment For Students

by ishant // in Finance

Published on January 12, 2024

Want to know earn money online without investment for students? Well you have landed on the right article. We all have been at a place where we wanted to do something and weren’t able to do something due to a financial crunch.

During college years, you need money to spend on leisure or sometimes just simply to save for your dream plan of a trip with your friends, or just to buy that expensive dress or the most desired and trendy materialistic electronic gadget.

College years are the span of life, where we build the staircase to our bright future. These are years when everyone tends to make the most of memories for life. What is the hurdle then?

You might not receive the money from your parents to do that tattoo, just to have parties every weekend. We are into the era, where money is mandatory to have the desired materialistic fun in life.

Now the question that arises is, how are you going to generate passive income to fulfill your leisure plans or to generate valuable savings for future education?

Gone are the days when a degree was necessary to get a job, in the 21st era you just need to have the skillset and passion, both of these things will help you to keep your pockets filled.

If you have a passion for a specific industry be it design, web development, literature, pop culture, art, marketing, and advertising, or even if you are a person with the heavenly vocab, you can earn money.

The only thing you need to generate that passive income is determination, skills, and the ability to grow.

In the era of digitalization, college students have a gazillion of opportunities to earn money by doing multiple jobs online. Now there are no geographical barriers, thanks to the internet.

College students can do remote internships, freelancing, and remote part-time jobs according to their interests and chosen fields.

With a good CV, portfolio, and amazing set of skills, you are all set to earn some or even many extra bucks for yourself.

In this article, we are going to describe a few jobs that are going to add value to your professional life, polish your skills, and can generate good passive income. 

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Content writing

Overall Rating: 4/5

If you are the one who can tame down every buzzing idea in words and have a way with intonations, this industry is waiting for you.

Freelancing

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Freelancing is the priority of today’s generation. Who doesn’t like to be your own boss? Start from the basics, what is Freelancing?

Online Tutoring

Overall Rating: 5/5

Are you the teacher of the group? The person who has the superpower to make the whole group understand every concept of the semester?

Some of the Best Ways to Earn Money Online Without Investment for Students

1. Content writing

If you are the one who can tame down every buzzing idea in words and have a way with intonations, this industry is waiting for you.

We all surf the internet, if we have even a bit of confusion about something we just search on the web instead of going to libraries.

All of us consume a lot of content on a daily basis, be it in the form of videos, blogs, vlogs, articles, etc. 

And who is behind all these informative blogs on the web are content writers. As a budding content writer, start with the basics.

If you can write a 500 word article within 45 minutes, with the most creative yet formal manner of words, then being a content writer is a good way to generate basic income.

So let’s move further and focus upon what are the chances to grow in this field of Content writing. The first question that pops into your head is, can we build a career in this industry,

or is this skill adding value to your professional growth? So the answer is yes! Day by day the whole is shifting to the digital arena and the industry of content writing is illustrious!

You can create a whole professional career out of this. The skills of content writing can grow with time and can be nurtured and polished over time.

How to become a content writer?

  1. First and foremost, to become a content writer, you need to have that crisp flow of writing, good vocabulary, and creative but accurate grammar flow.
  2. To become a content writer start by building your portfolio. Apart from your CV, [ortfolio matters the most in creative fields.
  3. Start the blogs with authority and even your own blog will suffice.
  4. Start by doing internships and enjoy the learning process. 

Types of Content Writing

  1. Blogging
  2. Emails
  3. Social media
  4. AD and sales copy ( Copywriting)
  5. Product content writing
  6. White papers
  7. Brand Journalism

How much can you earn?

Well, the pay of content writers gradually increases with experience and of course, the skills are the factors driving the pay.

Budging content writers can easily earn up to Rs.8000- Rs.10,000. Experienced content writers can earn up to Rs, 25,000 to Rs.30,000. 

2. Freelancing

Freelancing is the priority of today’s generation. Who doesn’t like to be your own boss? Start from the basics, what is Freelancing?

We all have heard this term thousands of times from professors, colleagues, and mentors.

Everyone is willing to start their professional journey as a freelancer and build a huge career.

Freelancing is the perfect definition of not working under someone. It is a self-employed job status, you take independent projects according to your skills and interests and then you get paid for those projects.

So another question that arises is, who can become a freelancer? Professionals or aspiring professionals of which field can get into the industry of freelancers.

So the answer to the same is anyone with skills can join the humongous industry of freelancing. And talking along the lines of professions, there is not a single profession that is not a part of the freelancing industry.

If you are good with writing, design, communication, brand management, advertising, web development, marketing, ICT, Virtual administration, social media management, digital marketing or you are an artist, you can just become a freelancer.

How to start with freelancing? 

  1. The first step to becoming a freelancer is to find the areas of your interests, educate yourself on the same and develop skills according to the chosen industry.
  2. The second step is to make a CV and portfolio.
  3. Then create your profiles on the freelancing sites!
    (i) Linked. in
    (ii) Fiverr.com
    (iii) Upwork.com
    (iv) Behance
  4. Start your freelancing journey by taking projects. 

How much do freelancers earn?

According to data the pay of the average experienced freelancer is $20 per hour and experienced freelancers can increase their rates up to $ 28 to $35.

And in India, you can earn from the basics Rs. 1.8 lakhs to Rs.11.6 lakhs. You just need to have skills, and everything will fall into place. 

3. Online Tutoring

Are you the teacher of the group? The person who has the superpower to make the whole group understand every concept of the semester?

If you can explain concepts accurately and clearly? Then online tutoring is the best way to earn money.

So let's start with the basics, as the name itself suggests, you tutor students on an online platform.

Online tutoring is a networked environment, in which students and teachers engage themselves from different physical locations.

This means, there are no geographical barriers to online tutoring, if you have the knowledge and ability to treat then you can be an online tutor.

When you enroll as an online tutor apart from the skills, you will need to habituate yourself to the different distinctions practiced within the network.

When we talk about distinctions, it means different approaches to tutor-training methodologies and user interfaces. Online tutoring can be considered a digital service which is particularly on micro-publishing.

The field of online tutoring itself is very diverse and there are specialized online tutoring types.

  • Online Tutoring
  • Face-to-face tutoring
  • Tactical online tutoring
  • Strategic Online tutoring

Once you start online tutoring you will get it all figured out, you can tutor subjects according to your skills and interest and earn a decent amount of money.

The bottom line for online tutoring is its fast-growing industry, and any kind of tutor be it beginners or newbies or experienced tutors looking to expand their horizons and willing to break geographical barriers.

Sites to enroll for online tutoring

  • Brainfuse
  • TeacherOn
  • Chegg Tutors
  • Tutor me 

How much do online tutors earn?

According to data, In India the average pay of online tutors is Rs. 2.2 lakhs per annum, and as you grow and gain experience you can earn up to Rs.6 lakhs.

And the best part is you don’t need to have any designated qualification to become an online tutor, that means you can just check out the sites mentioned above and start tutoring learners on online platforms. 

4. Fill Online Surveys 

These years of Covid-19 exposed the world to a whole level of mental and physical problems.

The only bright side of Covid was shifting to digital spaces and keeping life moving.

From offices to education, to medical consultancies, every industry shifted to digital spaces.

And every sector is efficient enough to function digitally. Now have you imagined earning money just by doing such basic tasks as filling up online surveys?

Apart from being in freelancing industries of design, content writing, web development, copywriting, marketing, and advertising, there is a much easier way to earn money by just filling up online surveys.

When it comes to online surveys there are many benefits attached. Online surveys are a major part of current and latest marketing techniques to understand behavior, viewpoints, and other genetic or psychological aspects.

Let’s look at the benefits of online surveys.

  • Independence: Filling up online surveys to earn money can remove the quotient of dependence. You are working independently.
  • Self-regulated earnings: Here, the best benefit is to get money as soon as you are done with your task. You can decide the earnings, if you wish to earn more just fill up more survey forms.
  • Flexibility: You can be your master. You don’t have time restrictions, you are not mandatorily asked to be present on-site, you can work remotely and work according to your will, and flexible hours.
  • Interests: It is very obvious that the surveys that you are choosing are more particularly related to your interests and passion. That means you are earning money by just sharing your viewpoints.
  • No need for qualification: Another important part, is you don’t need to have specific qualifications to fill up the survey. You can just fill up surveys with no mandatory qualification.

Websites for filling up online survey forms

  • Toluna
  • Valued Options
  • ipanelOnline
  • Swagbucks
  • Opinion Bureau
  • Global text market

How much can you earn by filling up the surveys online?

You can approx Rs.2000 a day by just filling up online surveys.

5. Working as a transcriptionist

Another option for working as a freelancer for the job role of transcriptionist can be a good option to earn money.

So what’s the job role of a transcriptionist? In simpler terms, the job profile of a transcriptionist involves transcribing given audio files in the written format.

If you are looking for a flexible position to work in then a transcriptionist can be one of the good options to earn money.

As every work industry has shifted up to the digital spaces, being a transcriptionist makes itself a flexible job profile.

You can work remotely as a transcriptionist, you can have flexible working hours and the comfort of working from the desired comfortable place.

Moving further, let’s have the closer look at the kind of video you might be asked to transcribe. As a transcriptionist, you might be asked to transcribe the videos of interviews, films, podcasts, meetings, television shows, lectures, seminars, webinars, focus groups, sermons, etc.

You have the liberty to choose the kind or the type of transcriptionist you want to become!

  • Legal Transcriptionist
  • Medical Transcriptionist
  • General transcriptionist

Skills required to become a transcriptionist

  • Typing speed
  • Accuracy
  • Knowledge of the industry
  • Technological hard skills
  • Active listening
  • Accurate and on-point grammar
  • Adaptability
  • Time management

Sites to find a project or part-time job as a transcriptionist

  • Transcribeme
  • Athreon
  • Tigerfish
  • REV
  • Speakwrite
  • Welocalize
  • Nibity

How much does a transcriptionist earn?

The average salary of a transcriptionist is about Rs. 19,000 to Rs. 20,000.

6. Data Entry 

Well, there is no doubt computers and technology have taken lots of jobs, but still, there are things that need to be done manually.

The freelancing industry has been proven to be the best and winning bet to earn money for college students.

As a college student, you definitely need to generate passive income. One of the job profiles to earn money is by doing data entry.

Now before moving ahead, let’s understand what data entry is. Data entry is the task of feeding the data into the computers manually, into different software.

Data entry is a very crucial and important part of organizations such as Banking, IT businesses, and even in keeping normal financial records or generic records.

So what are the tasks you might be asked to do as a data entry person? Job roles of a Data entry professional include electronic data processing, typing, word processing, data transcription,

and of course the basic task of data entry, you might be asked to manage huge excel sheets.

  • Data Tagging
  • Data Annotation
  • Data Capture
  • Data Transcription
  • Data Processing
  • Data Cleansing

Skills required to become an efficient data entry professional

  • Communication skills
  • Organizational skills
  • Software knowledge
  • Typing speed
  • Good attention to details
  • Work according to deadlines

Sites to look out for finding projects or work of Data Entry

  • Accutran Global
  • Axion Data Entry Services
  • Amazon Mechanical Turk
  • Capital typing
  • Clickworker
  • Scribie
  • iDictate

How much does the job role of Data entry earn?

The average salary of a Data entry operator ranges from Rs.1.4 lakhs to Rs. 2 lakhs per year.

Conclusion 

It is always nice and beneficial to have passive income at any age, it helps either to generate savings or helps to achieve your big fat dreams.

College years are the specific and accurate years to build your interest in the field, gain knowledge, refine and polish your skills and figure out a way to make your passion your profession.

Apart from all the serious things, college is the time where you make the best memories of your life. During these years, starting a side hustle will not only help you to earn your own money but will help you to grow into your domain, and gain professional experience.

When stepping out of college, you will be aware of what to expect and how to work in the designated sectors of yours, if you choose to do internships, freelancing projects, or even part-time jobs.

Now digital technology has penetrated its way deeper into every industry, with the help of the internet you can learn, grow, earn and even entertain yourself.

Online working or remote working professions such as content writing, copywriting, social media management, web development, advertising, PR management, branding, advertising, data entry, design, transcriptionist, and online tutoring

all these job profiles allow you the flexibility of remote working, flexible working hours, helps you to build your portfolio and earn money for your desired trip or just partying on weekends and most importantly can help you to generate additional savings.

The best part about freelancing or the mentioned job profile is you don’t need a degree or a certified course to start with.

As a college student, you can just start by figuring out your interests, develop the basic skills, and start working. These online job profiles give you the perspective.

If you are productive and creative enough then just enroll your profiles on these sites and start looking for projects, internships, and part-time jobs.

To encapsulate the whole essence, online working opportunities are available in abundance and with a list of benefits that never ends.

So this is your sign, to find your interest, look for opportunities, start your side hustle, and enjoy the experience. Take the first step and hold your seats tight. 

I hope you liked our article on earn money online without investment for students, if you have any comments or suggestions do share them in the comments below.

Frequently Asked Question

Q1. How can I earn money as a student without investment?


Ans. Yes, you can earn money as a student without investment. The first is to just figure out the field of your interest or just according to your desired profession. The second step in the list is to build a CV or portfolio and develop basic skills.

The final step is to just upload your CV. As a college student, you can earn through the professions of a content writer, video editor, commercial art, design, web development, online tutoring, data entry, and transcriptionist. You don't need a journey to start your freelancing career.


Q2. How can students earn money online at home?


Ans. There are numerous opportunities for students to earn money from home. Every industry is present in the digital space. You just need to figure out the job role according to your interests and develop skills.

You can easily earn decent pay by working as a freelance content writer, designer, social media manager, data entry operator, or web developer, and grow in the field of digital marketing, advertising, etc.

Take the first step and start the hustle. To get a deeper understanding just refer to the whole article.


Q3. How can I earn at 14?


Ans. This might be a very crucial and critical quotient. For as of now you might be in eighth grade. So, you might not have the basic knowledge of the industries existing on the horizon.

This is the time to focus on your studies and breathe and play. Even if you have desires to earn, you can enroll yourself in content writing, or work with an NGO.

It is in your best interest, to just focus on studies, play, and understanding the world and try to get a clear perspective for your future career.


Q4. Which online job is best for students?


Ans. To earn the money as a college student, you can start by content writing, designing, social media management, web development, transcriptionist, online tutoring, Data entry, etc.

These job roles will help you to earn decent pay at the beginners level. As soon as you start getting the experience you will start to earn more.


Q5. Can students join Fiverr?


Ans. Fiverr is the best site for freelancers to find projects and earn money. As long as you are 16+ you can create a profile on Fiverr and get the projects for yourself. So just start your side hustle, 

Also Read: Check out my reviews of the best image editing software, the top choices for video editing software, and my full guide to start a blog for beginners.

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About the author

ishant

Ishant Sharma has been passionately working in EdTech industry since quite a long time and he is based in New Delhi.

He aims to create awareness among the masses on how to use their minimum assets and get maximum rewards.

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