There are many university students out there who are struggling financially. You may found yourself at the end of the month running out of allowance despite your attempts to be thrifty, thanks to the increase of living cost in your cities. Some of you perhaps start to wonder, what if you can earn additional income?
Instead of troubling your parents to increase your allowance, it is wiser to try to challenge yourself to earn your own money by starting your own business.
However, as university students, you have limited resources, and therefore you have to think wisely on what kind of low-budget business you should start. Here is a low-cost business idea that you can try right away!
Earn Money From Adsense
The easiest way to earn money without having to worry about costs is via Google Adsense. All you need to do is to create contents, such as articles, video and android apps. Then, you can monetize those contents using Adsense.
Google will display advertisements on your content and each time a visitor visits, view, or use your contents then you will get paid. You don't need to spend any money in order to apply for Google Adsense. (Read also: My Experience on Applying for Google Adsense)
Monetizing video and applications are very suitable for university students who are learning about said subjects. If you are a programmer student, then you can try to build simple apps, such as cooking recipe apps or simple games for example, then monetize the apps. If you are studying about cinematography, you can earn money by making videos and uploading it to YouTube.
Writing articles, however, is the easiest method in order to earn from Adsense. First of all you need to start a free blog account in Blogger. Make sure you come up with interesting subdomain. You can also use premium domain with only $10 per year, although the free blogspot domain is also adequate. There are several points that you have to understand in order to properly monetize Blogger (or Blogspot).
You can write just about anything in blogspot, but a blog with its own focused topic (or niche) will generate more visitors. If you have many topics, you can create more blogs with just one google account! Once you've written adequate amount of articles, your blog will be become eligible to be monetized via AdSense. (Read also: How to Increase Traffic via Google Question Hub)
You don't have to spend any money in order to earn from AdSense, and you may be able to earn additional income of $100 to $200 a month which will help your low allowance situation. You also don't have to spend much time on it since you can write at anytime of the day.
AdSense can be considered as passive income. It won't distract you from your main duty as university students. In fact, writing articles can also become part of your portfolio, which you can add in your resumes and increase your value when you apply for jobs once you've graduated.
The income you get from your newly established blog may not be that much at first but even additional $50 a month can go a long for students with tight budget. Blogging can be considered as a long term investment since it may take some times to generate stable income.
You need to keep expanding your contents and post regularly so that you will generate more visitors. However, there is no real downside in blogging as long as you write proper articles. It is a positive activity which may also give you additional allowance.
Since it is free and it will earn you additional income, go write, pour your ideas! It is time to become more independent with your finance!