5 Side Gigs That Will Help You Pay for College

5 Side Gigs That Will Help You Pay for College

5 Side Gigs That Will Help You Pay for College

Let’s face it — college is expensive. Whether you’re still in school trying to pay for textbooks and housing, a professional facing your student loans or a parent saving for your child’s future tuition, the cost of an education can result in debt that looms for decades. More people are finding that full-time jobs are not even beginning to cover the costs. Today’s side gig economy and sharing economy offers many different avenues to supplement your budget and ease the burden of education-related expenses, all while providing flexibility and self-determinant hours.

Drive for a ride-sharing service

5 Side Gigs That Will Help You Pay for College driving for uber lyft

ArtsyBee / Pixabay

Do you have a car, auto insurance and some spare time? Ride-sharing apps, like Uber and Lyft, offer an opportunity to make quick cash by driving riders in your local area, using your own vehicle. Drivers work as independent contractors and receive a payment based off of how many hours or miles are logged each week. “They make it extremely easy to make quick money if I need it,” says Aidan Monheim, a student at the University of Massachusetts-Boston who drives for Lyft in his spare time to earn money for utilities and other bills. “It allows me to be flexible around my classes and earn money without working a set number of hours a week.”

Rent your room

5 Side Gigs That Will Help You Pay for College renting your guest bedroom as a side gig

JamesDeMers / Pixabay

Another “side-gig” opportunity that is gaining popularity is the home-sharing industry. Apps like Airbnb and HomeAway connect would-be travelers with locals willing to rent out rooms, or their entire home. Simply list your place on the site, and screen candidates based on your preferences. By listing your residence during peak travel times and arranging to stay with friends or family, renters can earn supplemental income for their education, with very little effort.

Become a direct seller

Direct selling provides a flexible opportunity for people to make additional income on their own terms, and within their own networks. Take Nakul Arora, for example, who became an Amway Independent Business Owner to help pay for business school. Amidst earning his degree, working full time as an accountant, and studying for professional certifications, 25-year-old Nakul worked his direct selling business in the evenings. “I saved every penny I earned through my Amway business to help pay for my education,” says Nakul. By joining a successful company like Amway, a global leader in direct selling, you can share and sell high-quality products to your friends, co-workers and colleagues to earn additional income. The unique flexibility of direct selling offers an opportunity for you to work as little or as often as you want, around traditional day jobs, classes, family, or other responsibilities.

Work for a home services company

5 Side Gigs That Will Help You Pay for College repairing handy man woman to make extra money

Merylin / Pixabay

Often described as the services used by those with more time than money, apps like TaskRabbit, Handy, Thumbtack and HomeJoy offer opportunities to get paid for home cleaning and maintenance work. Seemingly simple tasks, such as cleaning a home, mowing a lawn or assembling a piece of furniture can run up to $50 an hour. And the best part? Like Uber, direct selling and other gig economy services, you work on your own terms and can make your own schedule around studying, work or other commitments.

Sell your old stuff

5 Side Gigs That Will Help You Pay for College sale junk at yard sale to make extra money from home for single moms who need cash quickly

mermyhh / Pixabay

Is your closet piling up with unwanted clothes and shoes? Maybe you have spare furniture cluttering your storage space, or a drawer full of old electronics. Why not turn your clutter into cash? Apps like ThredUp, PoshMark and LetGo offer opportunities to sell your stuff in an auction-like setting, and do all the work for you — simply list your items, watch them get purchased and place them in a shipping bag that is provided by the company. Selling old items is an easy and painless way to make extra money for tuition, textbooks, or loans. (BPT)

7 Steps to Making the Most of Financial Aid

7 Steps to Making the Most of Financial Aid

(BPT) – What do parents of toddlers and parents of high school students have in common? Both worry about paying for college. With the constantly rising costs of higher education, financial aid becomes more important than ever for making the dream of a college education possible. So if you’re interested in receiving financial aid, where should you start?

“The Free Application for Federal Student Aid, or FAFSA, is your gateway to money for college from both the federal and state governments for most colleges and universities,” says Mark Kantrowitz, author of “Filing the FAFSA” and “Secrets to Winning a Scholarship.” “Filing the FAFSA correctly is crucial, as it has a direct effect on how much money you receive from various types of financial aid.”

College Ave Student Loans partnered with Kantrowitz to offer top tips for maximizing your need-based financial aid for college:

1. Save strategically

When it comes to covering the cost of college, financial aid should be at the forefront of your mind, whether you’re ready to file the FAFSA right now or not. It’s best to save money for college in a parent’s name, rather than the student’s, as the FAFSA assesses money in the parent’s name at a much lower rate. Every $10,000 in student assets reduces aid eligibility by $2,000, while every $10,000 in parent assets only reduces eligibility by up to $564.

2. File early

The earlier you file the FAFSA, the better. Right now, you should file the FAFSA as soon as possible on or after Jan. 1, but starting in 2017, you can start as early as Oct. 1. Ten states award aid on a first come, first served basis, and 12 have hard deadlines in February and March. Specific schools can also have specific deadlines, and students who file early may qualify for more aid. So, as a rule of thumb, file the FAFSA in January to maximize your eligibility.

3. Minimize income in the base year

Using income and tax information from a previous year, or base year, the FAFSA calculates the financial strength of your family. Because the formula is heavily weighted on income, it’s a good idea to reduce your income in the base year. If you can, avoid realizing capital gains. If you must sell stocks, bonds or other investments, try to offset capital gains with losses. Taking retirement plan distributions during the base year will also count as income.

4. Reduce reportable assets

Minimize your money in the bank by using it to pay credit card and loan debts. This not only makes good financial planning sense, but may help you qualify for more aid.

5. Maximize the number of children in college at the same time

Something as simple as having more than one child in college can dramatically increase your changes of receiving more financial aid. While you can’t change the ages of your children, you can use this impact on aid eligibility as a deciding factor when determining whether to allow your child to skip a grade.

6. Seek generous and low-cost colleges

There are many generous colleges, including some in the Ivy League, which implement “no loans” financial aid policies. This means they replace loans with grants in the student’s need-based financial aid package. Additionally, in-state public colleges are likely to be your least expensive option, especially after subtracting gift aid, grants and scholarships.

7. Organize your documents and information

Filing the FAFSA is all about the details. Pay attention and stay organized to get the job done right, starting by filing the FAFSA for the correct year and staying on top of deadlines. Make sure to use the right Social Security Number, date or birth, marital status and correct financial information. Follow the instructions and fill out the forms as carefully as possible to get the most accurate results.

Once you receive your financial aid award letter and assess your savings, you’ll have time to consider taking out a loan. If you need it, find a simple option that works for you, such as College Ave Student Loans.

Navigating the world of financial aid can be tricky, so follow these tips to maximize your eligibility and make college a reality. For more information and resources, visit collegeavestudentloans.com.

3 Affordable Ways to Save Your Child’s College Fund on a Limited Income

3 Affordable Ways to Save Your Child’s College Fund on a Limited Income

A few weeks ago, my daughter received an acceptance letter from Auburn University! Time to raid the child’s college fund! But first a little back story.

We are so excited about this because she’s wanted to go there since she was around 12 years old! The application process was not too bad, but it did require that we sit down and give it careful thought. It required that we remember all of her accomplishments, both from an academic and extracurricular standpoint. I was up against of bit of resistance from her because she is quite modest and didn’t think flying a plane this summer or being on the Mock Trial team was a big deal. Duh!!! Yes it is sweetie pie! (more…)

8 Ways to Protect Black Boys From Police Brutality

8 Ways to Protect Black Boys From Police Brutality

With the recent cases of police brutality and murder it is important for me to educate my children, especially my 14 son about his rights.

I’ve been trying not to let it bother me or allow fear to over take me but it is hard not to feel some kind of way about the police. It is obvious that I’m an African-American woman and my son is the same color as me.

It is clear that he is more of a target than any other ethnicity. It is my job to coach him and ensure that he does not get unlawfully detained or end up in a morgue. The struggle, as they say, is real. (more…)

How My Daughter Learned to Fly a Plane Thanks to Delta, Chick-fil-a, Coca-Cola

How My Daughter Learned to Fly a Plane Thanks to Delta, Chick-fil-a, Coca-Cola

Thanks to the generous sponsorship of #Chick-fil-a, #Delta, and #Coca-Cola (all Atlanta-based companies) my daughter got to learn to fly a plane practically for free! The Organization of Black Airline Pilots (OBAP) program was created to give minority kids an introduction to the aviation industry and a chance to learn how to fly planes.

How it All Began

Last year she went to OBAP Aviation Career Experience (ACE) academy to learn about aviation careers and did quite well. This summer I encouraged my daughter to apply for the OBAP Solo Flight Academy where she could learn how to fly a plane.

She went through the application and interview process and was chosen as an alternate. Because someone couldn’t make it she was able to take the spot. It was meant to be. We got the paperwork in including a medical exam because she’d have to be fit to fly.

A Little Sacrifice for a lot of Reward

Now the sacrifice would come because it is a two week camp, it’s an hour away, and I had to pay $150. But the sacrifice was worth it to me because she’s my child.
We made arrangements for her to stay with my sister who lived closer to the academy. She would have to drive everyday to classes and I’d have to cough up the money. But she’s worth every penny and that money was a drop in the bucket compared to what it could have cost.

A Unicorn in the Making

Now that the course is complete she is among the rare league of African-American women who know how to fly a plane. She may become a pilot someday and get the Unicorn designation. Why unicorn? Because like the mythical creature, very few people have ever seen an African-American pilot.

flightlineLexi

 

The Next Steps

If my daughter decides to become a pilot she will have to go through a series of steps. The first goal is to get her private pilot’s license. Next is to either attend a flight school and get more flying time or go to university and get a degree, then join a flight training program. Finally, she will apply to become a pilot for any number of companies that need pilots. It may be a private or commercial company.

She loves flying so I’m going to help her in anyway I can make that dream come true. There are many people in our circle who is connected to the airline industry that will help her as well. She’s made even more connections recently after attending the annual OBAP conference. She met pilots from Delta, Fedex, Chick-fil-a, UPS, ExpressJet, and a few others.

A Future So Bright She’ll Have to Wear (Aviator) Shades

To have a bright future she has to prepare and do the work. She’s already begun the journey so she’s off to a good start, but she has to keep moving forward no matter what.

As with all careers it’s important to connect with people who are in the position she wants to be in. There are membership organizations she can join including women aviator associations, minority aviation associations, and private pilot organizations. Each offers something different but all offers support, scholarships, and a sense of community.

She plans to go on to college to get a degree then go on to be a commercial pilot. I know that whatever she decides to do will be a success. This kid is simply too amazing for words.

Thanks for letting me share with you and brag about my daughter. 🙂

Keeping Momma Happy with Lifelong Learning

Keeping Momma Happy with Lifelong Learning

imageWhen I was growing up I thought my parents knew everything in the whole world.  While I certainly don’t know everything, I try to learn something new every day and I encourage my kids to do the same.

Not all of us were able to get a post-secondary education but that doesn’t mean that we’re incapable of learning or that we can’t expand our personal world with a little bit of knowledge.

I personally love learning and though I was never able to go to university I have always made it a point to use the resources available to improve my skills, learn new ones or simply find answers to questions that I have.

Books – Reading is one of my passions in life and always has been.  Without the information I have acquired through reading, my world would be very dull.  We have an excellent library in our area and when my kids were small we would pick a topic and then go research it just for the sake of knowing about it.   Any piece of knowledge is useful in my opinion and you just never know when someone will want to discuss the mating habits of the scarlet tanager!  It doesn’t have to be something scientific either; it can be new recipes or information on living a healthier lifestyle.  When I meet someone from a different country I make an effort to research their country so that I can converse better with them and as a result I have learned so much about places that I have never been.

One problem that I’ve noticed many of us single moms run into is not having the time to read.  I always keep a book with me and if I’m waiting in line somewhere, sitting in the doctor’s office or even if I arrive at work 5 minutes early, I use the time to read.  Why grumble about having to wait when you can lose yourself in a book?

Internet – The internet has become one of my go-to places when I want to know something.  I know that not all of the data is accurate so I like to research carefully but I love the fact that there is so much at our fingertips.  Until six months ago I didn’t have a computer at home so I can really appreciate the wealth of information available at the click of a mouse.  My daughter has introduced me to wikihow.com.   I have learned how to remove a steering wheel from a tractor, give myself a caviar manicure (!) and find cat urine with a UV light.  On a more personally relevant note I have learned how to improve my e-mail etiquette and make my own deodorant spray.   Another good site is Pinterest and I confess I’m addicted.  Whether you’re looking for recipes, garden tips, ideas for activities to do with the kids or any other kind of information that involves living, Pinterest has great ideas for everyone.

Continuing Education – With the availability of online courses, it is much easier now to take classes that may have been off limits to us before because of distance, time constraints or lack of child care.  There are various free online classes available through websites such as www.alison.com or www.uopeople.org  or www.khanacademy.org.  I have not yet enrolled in any courses through these websites but am looking into it.   A website that is helpful in upgrading work place skills is www.gcflearnfree.org, another one that I plan to use in the near future.

Seminars and Workshops – Many libraries, community centres, medical clinics and local interest groups sponsor seminars and workshops that are free or a minimal cost and some even offer childcare to enable parents to attend.  I live in the Toronto area and there are enough of these events to keep me busy every day of the week if I choose.   A One Parent Families group that I attend has an informative speaker once a month and the topics vary from physical fitness to helping kids cope with trauma to photography.  It’s a great way to get practical information that we may not normally be exposed to and to get out and talk to new people.

Learning from People Around You – Our friends, family, neighbours and co-workers often have handy tips to pass on and are glad to do it.  There are times I have gone out for a walk and seen someone watering their flowers and have complimented them on their garden.  These people were very proud of their gardens and were happy to give advice and answer any gardening questions I had.  Over the years I have learned many creative ways to stretch budgets, ground beef and my thinking ability simply by taking the time to listen to others instead of waving them off and remaining in my own little world of Me, Myself and I.  I believe that everyone has something to teach someone and some of my most valuable lessons have come from people that I have made small talk with in the lineup at the drugstore, at the bus stop or at the cash register.   I have not seen some of these people since but the wisdom they were willing to share with a stranger impacted my life in a very positive way.

Even if you don’t like to read, don’t have access to the internet, are too exhausted at the end of the day to even think about attending a seminar and really don’t feel comfortable talking to people unless you have to, it is still possible to learn something new every day if you remain open to it.  Whether it’s discovering a new route to get to and from work or another destination or stumbling upon a new way to trick your kids into eating vegetables, every piece of knowledge that we gain is valuable.   Learning can make life more interesting and give us a sense of accomplishment when all we seem to do is never-ending dishes, the pile of dirty laundry doesn’t seem to shrink and our home never seems to stay clean and tidy.

The mind is like a muscle and there are opportunities for us to exercise ours all around us every day.

Happy learning!