Making money is something most students are forced to do while studying. The common option is to find a job but you don't really want to this. Instead, I have compiled a list of more creative alternatives which could be a more desirable way to earn some extra cash.

Stoozing Free Bets Give Blood Sperm Start A Business

Stoozing

Normally credit cards make money from you but here's a way you can make some money at there expense. Please be away that Stoozing requires organisation, so if your not the type of person who will stay on organised this method is not advisable to you. The system is simple what you will be doing is taking advantage of cards which offer interest free credit on balance transfers.

The first thing you will need to is to set up a high interest saving account. You should be able to find an selection of account with interests rates of around 4.8%. A good savings account can be found at Cahoot which has interest rate of 4.85%. Be careful that the account allows instant access to your money and has no charges for withdrawals.

Then get a credit card with a cheque book. Again make sure there are no charges. You will move all your money on to this card and use the cheque book to put it into the high interest bank account.

Now you need to apply for a handful of credit cards which offer 0% on transfer deposits. With your new cards you need to transfer the money to the first credit card (even though there is no debt on it). Then using your cheque book you can transfer the money to your high interest bank account.

It is very important that you pay back the amount you've take from the credit cards before you will be charge interest on the credit. Setting up automatic payments will make sure you don't forget as doing so will be costly.

In the meantime you will accumulate interest in your savings account which couls give you a good £500 profit depending on how many cards you took out. It is worth noting that taking out loads of cards at the sametime will affect your credit so i would advise no more thant 3 a the same time. However, in the course of a year you should be able to have a good amount of cards, but act with caution.

Free Bets

Using a similar principal of Stoozing (taking advantage of companies incentives) free bets offer an opportunity to make money. Essentially bookmakers will match your initial bet with a free bet with an equal free bet. Betting on an outcome which seems very likely will almost certainly bring you back returns and then will give you a free bet to play with. More details can be found at Bet Helper of individual offers and an explanation in the "How I Did It" section.

Give Blood

As long as your comfortable with needles, giving blood is a easy way to earn up to £100 . Giving blood is quick, relatively easy and while you earn some money you could save a life. To give blood you will need a good bill of health and fill a specified criteria which shouldn't be a problem as long as you can take a short break from alcohol.

More details can be found at Trials 4 Us

Sperm

Giving sperm might seem to be an easy, if not strange, way to earn some extra cash, the only thing to consider are the moral dilemmas (ie that you could become someone's father and possibly traced later in life). However, if you are interested and are up to the task (!) check your medical faculty's notice board (if there is one) for adverts or look for sperm banks and fertility clinics in the Yellow Pages.

Start A Business

Students have a great deal of free time at their disposal and if you have an entrepreneur inside you can use this time to set up a small business. This could provide you with extra cash and great experience. A great starting point is to think of a product or service that would be popular on your campus. If you can market this product or provide this service with low start-up costs it might be a ideal way to earn money.

More details on staring businesses and details including business structures, taxes, marketing and sales can be found at Business Link.

Get A Job

As a student you will have roughly 30 weeks of term time a year, giving you 22 weeks of holiday a year. If you really want to make some money you do need to make the most of this time and if you need to work in term-time as well. If you work say 15 weeks of your holiday at £5 per hour you will walk away with £3,000 (if you work an 8 hour day). If you can find work which will help towards a future career it would be of great use of your time and might even be better paid!

Your Ideas

Have you found a great way to make some extra money? If you have let us and the best money making schemes will be put on this website. Submit your idea to us.