How to make an extra income as a student in Australia?
Student life can be challenging financially, but knowing a couple of simple ways of making money may be a true lifesaver! The reality is that you would have to work hard to manage your time while studying. Students can find a few creative and easy ways to make money that will take up less of their study time and energy than others.
One of the many benefits of studying in Australia is that international students may work part-time while completing their studies to help themselves financially.
Your employment rights in Australia:
If you are on your study visa, you can work up to 40 hours per fortnight during a semester, during which you can easily earn enough money to cover your living expenses without affecting your studies, leaving you with plenty of extra time. During semester breaks, you can work without any limitation of time. It’s up to you whether you spend a whole day or just a half working as a part-timer.
You can also open your Australian bank account to make your payment process as easy as possible so that the company can deposit your earnings. To ensure that you are paid a fair wage, you need to know about your job rights.
What else can I do apart from a regular job?
There are several ways students can earn money apart from doing regular jobs. Following are the well-known and easy ways to earn extra income. Some of these side hustles can be started even before coming to Australia.
1. Uber driving
Uber is popular in Australia. If you have a license and a new car, then you can drive when you need extra money. The average hourly wage of an Uber driver in Australia after the cost is $14.62 per hour which is far less than the minimum wage an Australian worker gets. However, it is an easy way to handle financial troubles. Listed below are the terms and requirements to become an Uber driver:
- You must be 21 years old
- Have access to a car that satisfies Uber’s vehicle demands
- Provide all necessary documents
- Have held an Australian full driver’s license in an Australian state or territory that you plan to drive Uber in, for a minimum of 12 months (exceptions apply in a few nations and territories)
- You should have car insurance
2. YouTube tutoring
Who doesn’t know about YouTube and YouTube earning? It is way easier than physically demanding jobs, and you can earn good money without going outside your home. If you are a student and are good at math, English, IT or any kind of other science subjects you are going to rock.
Would you like to understand how YouTube works? Define your content; make sure your content is original and engaging. Shoot your videos. Edit and upload the videos. Promote your channel by sharing it with your friends and family.
3. IELTS/PTE tutoring to other international students
You can teach students English if you have an excellent command of the English language. You can do private tutoring or start online tutoring for IELTS and PTE. In this way, you can work fewer hours and make more money. Many students are seeking IELTS or PTE academic trainers, so you can reach out to them and make money by tutoring them. You can make a worthy living out of it.
A freelancer is a self-employed person who has a certain skill set, works independently and offers services to multiple clients. A freelancer often works on several jobs at one time and deals with several clients. You only need to learn skills based on which your client offers work. You can offer your services on freelancing platforms such as Fiverr, Upwork, Freelancer, Guru etc.
Some of the high paying skills include:
- Graphic designing
- Web development
- Video editing
- Social media manager
If you are good at writing and your ideas astonish everyone, no end, so this is your field. You have to do assignments as a student anyway. Why not do the same to earn extra by giving services to bloggers and business clients. Writers are highly paid, so you can easily manage your expenses while studying. There are many platforms where you can sell your service of writing. Such as:
If you can manage time, go for it, but this is not exactly a passive income. You will only get paid if you are having your hands-on orders, so it’s like searching and working.
6. Selling on E-commerce sites
There are many ways to earn from eCommerce sites. Students can sign up for Amazon associates and recommend anything on Amazon; they get the commissions. You can make a lot of money just by promoting and recommending products.
Besides, students can also sell products on eBay and Amazon. You can find a product in a certain niche that has a high demand and start selling on eCommerce sites, but you will need a friend or mentor who can guide you. International students can sell goods on Amazon and eBay, and they can own a business, but they should check with their tax agent and be careful about the work limitation because failure to do so will lead to problems. Back to the topic, you can apply for ABN to run a business in Australia.
7. Sell Designs
If you are artistic and you can draw, then you can sell your designs to Canva. Canva is a website for making graphic design easy. You are paid whenever someone buys your design. It’s a good way of passive income. You can draw on Adobe illustrators or Photoshop, or if you’ve got a graphics tablet, then you can design easily.
Shutterstock is another platform on which you can sell your photos. If you are a good photographer, then you can sell photos on Shutterstock, and it is an easy way to make some passive income.
You can also design and sell t-shirts. Bonfire is a website where you can upload your designs, and when the shirts are shipped out, you get the money. It is that simple!
8. Investing in the share market
There is a certain amount of risk involved, but you can choose how risky you want to go. You can choose to invest in riskier companies, and there is a potential for really quick growth, or you can choose to invest in something that is going to be slow, steady growth, and it’s the safest route.
9. Other ways to make money
There are also many other available sources like:
- Building website templates to sell in Envato
- Work as a reseller to earn commission on sales
- Earn through blogging
- Selling cars on Carsales
- Create an online course and sell on Udemy
Note that writing assignments for other students and charging them to make quick money is illegal in Australia. Students may face serious problems if caught.
Regular job vs the above-mentioned jobs
Regular jobs can pay a high rate as compared to the jobs mentioned above. These jobs pay less rate per hour, but if you have good skills and gain a lot of experience, these jobs may pay higher. So, students can earn decent money while managing their studies and time.
It is always better for students to do regular jobs, but sometimes these regular jobs do not fit well with their study schedule. However, there are many ways to get into an earning lane and make you financially stable. You have to manage your time for your studies and the job accordingly. But due to the pandemic, the opportunities have been shortened, so everyone is trying to grab the available chances. When a student is newly enrolled, they face difficulties finding proper jobs with a suitable income. So, we recommend you to try these side hustles and earn a decent income.