We all know college students are hardly able to make ends meet. Luckily for the millennials, there hasn’t been any better time than this to start a side hustle thanks to technology. There are also so many legal funding agencies like Prime Case Funding that are willing to offer almost instant financial assistance so that students can start their own side hustle without anything holding them back.
Why a side-hustle?
Making money as a student can be difficult especially when you have a hard time juggling both your academic and social life. Having a typical part-time job might clash with your classes, studies and even get in the way of other essential stuff.
Having a side hustle will give you the flexibility of earning money without spreading yourself thin. Whether it is to earn extra cash, save, or even pay down your student debt. While taking on side-hustles may not make you a millionaire (let's be honest) earning that few extra cash as a student is a pretty big deal.
Benefits of having a side-hustle as a student:
Develop skills and experience:
Whatever side-hustle you do, whether it is writing content or selling your stuff online, you will develop and learn new skills in the long run. From developing writing skills, social skills, negotiation skills, selling your brand to determining your price and many amazing skills, these are incredibly remarkable skills that will help you succeed in the business world. These are skills once developed, will always be an asset that you can work on throughout your life.
Helps you find your calling:
Side-hustle allows you to venture into different areas without having to be fully committed. Whether you pursue a career in writing, start a blog, tutor, or start your own start-u, with side-hustle your options are limitless.
It offers you the flexibility of testing out everything you are passionate about and in turn, enables you to learn new skills and gain new experiences without having to dedicate all your time and money.
Complete ownership and responsibility:
Having your own side-hustle allows you to have complete ownership meaning there is no one to give you orders and you are to blame for your own mistakes. This might seem a bit scary at first, but the experiences that you will gain along the way will eventually boost your confidence and help you develop faith in your own abilities.
Expand your network and gain more opportunities:
As a student, the most prominent way to get ahead and build your career is by expanding your network. Having a side hustle helps you build new connections by putting you in places you wouldn’t normally go, allowing you to meet a myriad of people on a daily basis. Though such connections may not seem beneficial at first, the interactions may result in creating more opportunities.
- An opportunity to do something you love:
Side- hustle gives you the opportunity to make use of your hobby. If you’re good at making art or crafts, you might as well use it to earn some extra cash. You can start doing some freelance design if you enjoy designing or even work at a local plant store if you love gardening.
A sense of security:
Now you can even have a side business without having to leave your dorm room. And there’s a chance most of you have enough spare time to juggle between your academic and social life. Having a side-hustle provides a sense of security. From having to pay off your student debts to pay for your basic needs, side-hustle helps you alleviate some of the financial pressures.
Boost your resume:
Having a side-hustle business equips you with the ability to manage time, to think outside the box, develop a passion for learning and improve yourself. Whether you have worked as a volunteer, took an active part in charity work or even blogged, all these are worth mentioning in your resume if you wish to be a step ahead. Most employers will hire people with such background as it shows that you’re willing to contribute more to the table.
Develop entrepreneurial skills:
When you have a side hustle, you gain plenty of entrepreneurial skills that help in managing time and coming up with essential ways to increase productivity, leading your own business, making connections and expanding your network, creating your own brand and learning to sell your product. All these will help you get ahead of everyone, especially in the business world. Developing new strategies to manage your resources and time, implementing suitable tools and systems to utilize new resources. These are some of the entrepreneurial skills employers often look for when they hire.
Even though starting a side-hustle means you will have to give up some of your spare time, the benefits that come along with having a side-hustle makes it worthwhile. With the ability to teach something different, every side-hustle will help you advance in your career. It’s just a matter of finding the one that fits your timing, interests, and goals.