In Search of Extra Pound: Benefits of Side Gigs for UK's University Students
As we all know, university life poses a significant financial challenge for many students. Even with grants, scholarships, and part-time jobs, managing everyday expenses can still be a struggle. So, how do these individuals manoeuvre through the labyrinth of mounting expenses while trying to focus on academics? Enter the world of side gigs – an innovative, flexible, and a strategic way to earn an extra pound to support one's lifestyle and university education.
A recent study indicated that around 77% of full-time workers in the UK are engaging in some form of side gig, either for passion or for the extra pound. Among students, the trend of side hustles is catching up and for favourable reasons.
But what benefits exactly do side gigs provide for UK's university students?
1. **Supplementing Income:** The first and foremost advantage of having a side gig is the added financial cushion it provides. Whether it's to cover tuition fees or afford a better lifestyle, an additional income stream can make a significant difference in a student's life.
2. **Flexible Working Hours:** Many side gigs offer the privilege of working as per your convenience. For students juggling academics and part-time jobs, having the liberty to choose their working hours is indeed a blessing.
3. **Acquisition of New Skills:** Side hustles often require you to step out of your comfort zone and learn new skills. Whether you're offering tutoring services, starting a low-cost online business or becoming a freelance copywriter, you're bound to pick up new competencies.
4. **Networking Opportunities:** Side gigs often expose students to a new group of professionals and thus networking opportunities. This exposure can open doors to job opportunities which otherwise wouldn't be possible.
5. **Potential Start of Your Entrepreneurial Journey:** A side hustle could just be the beginning of your entrepreneurial journey. J.K.Rowling wrote her first Harry Potter book, while she was struggling with her bills. Your side gig may become successful enough throughout your years in the university that you continue it full-time upon graduation.
But the question arises, what are some low-cost but profitable side hustles you can start as a student? Here are a few options:
- **Online Tutoring**: Making use of your academic strengths to teach is an excellent way to earn an extra income.
- **Freelance Writing**: With the digital landscape booming, the demand for content writers is at an all-time high.
- **E-commerce**: Websites like Etsy or Depop have made it super convenient for students to sell handmade items or preloved clothes online.
- **Pet-sitting/Dog-walking**: If you're an animal lover, there are many platforms connecting pet owners with pet sitters and dog walkers.
Make money from home, create an additional income stream, and secure your financial future with side gigs. As the cost of education continues to rise in the UK, having a side hustle is no longer a luxury but a necessity for many students.
A recent study indicated that around 77% of full-time workers in the UK are engaging in some form of side gig, either for passion or for the extra pound. Among students, the trend of side hustles is catching up and for favourable reasons.
But what benefits exactly do side gigs provide for UK's university students?
1. **Supplementing Income:** The first and foremost advantage of having a side gig is the added financial cushion it provides. Whether it's to cover tuition fees or afford a better lifestyle, an additional income stream can make a significant difference in a student's life.
2. **Flexible Working Hours:** Many side gigs offer the privilege of working as per your convenience. For students juggling academics and part-time jobs, having the liberty to choose their working hours is indeed a blessing.
3. **Acquisition of New Skills:** Side hustles often require you to step out of your comfort zone and learn new skills. Whether you're offering tutoring services, starting a low-cost online business or becoming a freelance copywriter, you're bound to pick up new competencies.
4. **Networking Opportunities:** Side gigs often expose students to a new group of professionals and thus networking opportunities. This exposure can open doors to job opportunities which otherwise wouldn't be possible.
5. **Potential Start of Your Entrepreneurial Journey:** A side hustle could just be the beginning of your entrepreneurial journey. J.K.Rowling wrote her first Harry Potter book, while she was struggling with her bills. Your side gig may become successful enough throughout your years in the university that you continue it full-time upon graduation.
But the question arises, what are some low-cost but profitable side hustles you can start as a student? Here are a few options:
- **Online Tutoring**: Making use of your academic strengths to teach is an excellent way to earn an extra income.
- **Freelance Writing**: With the digital landscape booming, the demand for content writers is at an all-time high.
- **E-commerce**: Websites like Etsy or Depop have made it super convenient for students to sell handmade items or preloved clothes online.
- **Pet-sitting/Dog-walking**: If you're an animal lover, there are many platforms connecting pet owners with pet sitters and dog walkers.
Make money from home, create an additional income stream, and secure your financial future with side gigs. As the cost of education continues to rise in the UK, having a side hustle is no longer a luxury but a necessity for many students.
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