Student life can be tricky at the best of times, but when you’re running out of money and living on baked beans and noodles, it can be pretty rubbish. Most students end up running out of money at one time or another, especially when they’re waiting for their next loan payment, but luckily, there is something that students can do to make money – and save money – and that’s hire goods.
Making Money by Hiring Goods
A lot of students have a lot of assets – things like high end clothes, a pair of designer heels or a designer dress, a fancy camera, a computer that you no longer use or even that box of power tools that your dad bought for you as a moving in gift. All of these things can be hired out, either each day, each week or each month, and can bring in a significant amount of income.
Hiring is easier than you might think, too. All you need to do to get started is click on the post an ad link at the top right of the home page, then follow the on-screen instructions for listing your item. Viola! You’re ready to start hiring.
Don’t assume that you don’t have anything worth hiring, either – chances are if you have a dig around in your wardrobe or loft, or if you’re hanging onto a camera, phone, video games console or even kitchen equipment that you don’t want to get rid of “just in case”, you’ve got something that can be successfully hired out.
As an example, if your parents bought you a Canon Pro camera for Christmas but you just haven’t gotten around to using it yet, you could make up to £150 per day or up to £500 per week by renting it out. You can hire out everything from cake stands to gravy boats and designer dresses to antique jewellery – so have a dig around in your home and you’ll be sure to find something!
Saving Money Hiring Goods
Not only can students make quite a bit of money hiring out their goods, but they can also save money by hiring them from others instead of buying them outright. Moving into student accommodation can cost a fortune, as you have to buy a bed, wardrobe and kitchen equipment – and if you’re moving into your own flat, you’ll need to fully furnish it. But if you’re planning to move into a new flat each year, or if you’re going to have to move out of your student accommodation each year, buying new furniture and new equipment could get very pricey. Instead, hiring goods as and when you need them – and negotiating longer fixed price deals if you want to keep something for a year or longer – could save you money. It also means that you don’t have to worry about storage when you return home, and you can just buy the furniture you love when you move out for good, instead of having to sell your student furniture.
Hiring goods is a sneaky way to make a bit of extra money on the side whether you’re a student or just looking to make some extra income by renting out equipment, clothing and more. It can save you money, too – in fact, hiring could really bring you a lot of benefits.