Investing money while in college is an intelligent decision, but can be hard to do based on financial constraints. Most young people have heard there elders tell them to invest money at a young age, but this seems to be a double edged sword. How can you invest money if you don’t have much to invest to start with?
Here I am going to cover how to make money to invest, rather than specific investment goals. However I will say stick with high yielding CD’s and mutual funds as they are typically a safer investment in the current market.
So, here is a great method to make money, which will help with investing money while in college.
1. This method is known as affiliate marketing. You basically get paid for selling other peoples stuff through a website or blog. In fact, the first step is setting up a simple blog at blogger which will only take about an hour.
2. You promote products as an affiliate. Find a product that you are interested in, and try to sell it. There are many people making a full time income from affiliate marketing. Big companies such as home depot, amazon, eBay, and blockbuster all use affiliates to sell their products and services.
3. So how will you market your products? After all, you will only sell products if you market them correctly. Writing articles is the best way to sell products. Article marketing works, because you can write a short article in less than 20 minutes and potentially get hundreds of customers to your website or blog.
I promote my business almost exclusively by writing articles. In fact, as I am writing this article I have already written over 250 articles! You can just imagine the money I am making, and I don’t say that to brag; I just want you to realize that article marketing is your ticket to making a lot of money online, so you can be investing money while in college!