Monthly Archives: July 2014

Creative Ways To Finance Your College Tuition Costs

These days, the average college education has become prohibitively expensive. As a result, many students are forced to rely on massive loans that leave them in debt for years. However, rather than submitting to the burden, there are some pretty creative ways you can finance your educational ventures. Here are few that have been used with great success.

Monetize Your Hobbies

Aside from being a great way to relax and have fun, hobbies can also be used to bring in some extra income. If you like working with computers, consider offering tech support or computer-building services to people in your area. If you’re into certain arts and crafts, there are places online where you can peddle your handmade wares. You may even want to try renting a booth at a local festival and farmer’s market for this purpose. Another great option is fixing vehicles. Car problems are a dime a dozen, but most people don’t possess the skills to do the work themselves. If that’s something you’re good at and enjoy, then you could tap into a very lucrative market. Plus, these types of work tend to bring in cold, hard cash.

Crowdfunding

Will the wonders of the Internet never cease? Gone are the days when you had to go through the trouble of creating, maintaining and marketing a website or product to make money. Today, making money can be as easy as turning to crowdfunding. This nifty innovation allows you to ask for money from large groups of people for nearly any cause, even if it’s a college education. After all, the kindness of strangers can be a powerful thing, and unlike banks, they won’t charge interest or make you pay them back.

Freelance Writing

Do you possess ample knowledge and interest in a particular topic? If so, then somebody is willing to pay you to write about it from the comfort of your own home. With more websites popping up every day, people need informative, well-written content to fill them with. That’s where your services come in. Whenever you have a bit of free time to spare, write about something you’re interested in and put it up for sale on a freelance services site. You might be surprised how much it sells for.

Mobile Living

For a long time, people viewed living in a vehicle as something done out of desperation during times of extreme hardship. However, some people now do it as a way to save money. Renting a dorm or apartment can tack a lot of extra strain onto the already tight budget of a college student, and if you can eliminate that expense, you’ll save thousands per year that are better spent paying off your tuition. It’s not glamorous and the conditions may be a bit cramped, but the financial liberation may be well worth it. Besides, unlike student loan debt, it won’t last forever.

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