7 BEST Jobs for STUDENTS Australia | Financial Freedom in College | Make Money While at UNI
Summary
TLDRThis video script offers advice for students seeking high-paying part-time jobs while studying, highlighting roles such as childcare, support work, university jobs, private babysitting, and private tuition. The speaker emphasizes the importance of balancing work with studies and suggests maximizing time by combining two of these jobs with a third, focusing on creating a passive income stream like a blog or e-commerce store. This approach could potentially lead to earning over $30k a month post-graduation, setting up a strong financial future.
Takeaways
- 🎓 Balancing Act: The speaker managed five jobs while studying full-time, showcasing the potential to earn a substantial income alongside academic commitments.
- 💰 High-Paying Opportunities: The transcript highlights jobs like childcare, support work, university jobs, private babysitting, and private tuition as high-paying options for students.
- 🕒 Time Management: The speaker emphasizes the importance of managing time effectively to juggle multiple jobs and studies, suggesting early mornings and late nights.
- 🏫 University Jobs: Working for the university is presented as a hidden gem, offering high pay rates and a fun work environment with opportunities for student ambassadors and administration roles.
- 👶 Childcare and Babysitting: Childcare, especially for males, and private babysitting are mentioned as enjoyable and well-paying jobs, with the added benefit of study time during quiet hours.
- 👨🏫 Tutoring: Offering private tuition in subjects or music lessons can be a lucrative way for students to earn, with rates potentially reaching up to $100-$150 per hour.
- 🛠 Gig Economy: The speaker recommends platforms like Airtasker for flexible, part-time work that can supplement income during off days or evenings.
- 📈 Passive Income: The transcript suggests that instead of working multiple jobs, focusing on creating passive income streams, such as a blog or YouTube channel, could lead to significant earnings in the long run.
- 🚀 Long-Term Vision: The speaker advises students to think beyond immediate earnings and invest time in building a business or passive income source during their university years.
- 🔄 Continuous Learning: Gaining experience in one's field of study through jobs each year of study is recommended to build a strong network and understand different work environments.
- 🌐 Digital Opportunities: The transcript touches on the potential of digital platforms for earning extra money, such as selling items on Facebook Marketplace or creating apps.
Q & A
What was the speaker's experience with juggling multiple jobs while studying at university?
-The speaker had a hectic schedule, waking up early, attending the gym, working multiple jobs, attending university classes, and studying late into the night. They managed five different jobs to earn a high hourly rate.
Why was the speaker motivated to work so many hours during university?
-The speaker was motivated by the high hourly rates of the jobs they were working, which allowed them to boost their savings while studying full-time.
What is the first high-paying job the speaker recommends for students?
-The first high-paying job recommended is childcare, which includes before and after school care, and is noted to be a fun job with higher pay compared to other entry-level jobs.
What are the advantages of support work as mentioned by the speaker?
-Support work offers various advantages such as working one-on-one with clients or in group settings, engaging in activities clients enjoy, and earning a high hourly rate with additional pay for weekend shifts.
Why is working for a university considered a 'hidden gem' of a job according to the speaker?
-Working for a university is considered a 'hidden gem' because it pays very well, with rates around $36 to $46 per hour, plus overtime on weekends. It also offers a fun work environment with other students.
What is the potential earning for private babysitting as mentioned by the speaker?
-Private babysitting can pay very well, with the speaker personally charging $30 per hour for a 10-hour day, which amounted to $300 a week for one day of work.
What is the benefit of private tuition as a job for students?
-Private tuition allows students to tutor in subjects they are knowledgeable in, potentially earning up to $100 or $150 an hour, depending on their expertise and qualifications.
How does the speaker describe the potential of Airtasker and Facebook Marketplace for earning extra money?
-Airtasker and Facebook Marketplace are described as great platforms for earning extra money. Tasks on Airtasker can earn over $400 in two days, while selling items on Facebook Marketplace can earn $100 to $300 a week.
What is the speaker's biggest takeaway for students regarding their time at university?
-The speaker emphasizes that university years are a massive opportunity for financial planning. Students should use their time to build income sources, save, invest, and take steps towards financial freedom.
What advice does the speaker give for balancing work and study during university?
-The speaker advises students to find a casual flexible job on campus for a high hourly rate, gain experience in their field of study, and dedicate a few hours a week to building a passive income stream.
What is the 'third job' the speaker suggests students should consider, and why?
-The 'third job' is working on one's own business or creating a passive income source part-time. This could include starting a blog, YouTube channel, e-commerce store, or an app. It's suggested because it can lead to significant earnings in the future.
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