The average cost of tuition has reached $6,693 for the year 2021/2022, according to Statistics Canada, and more and more students are scrambling to find ways to afford the rising costs.
Most Canadian students can take the summer, which gives them ample opportunity to earn money working on the side.
The faster you can pay off your student loans, the more money you can earn in the future.
Here are some of the best paying side jobs that offer a great opportunity for post-secondary students to earn a side income while continuing their education.
1. Bartender or waiter
If you live in a medium to large city in Canada, you can make a decent living as a bartender or waiter working for a restaurant. According to Indeed, Canadian bartenders earn around $15/hour for base salary.
There is a much higher earning potential after taking tips into account. The amount you can earn from tips varies greatly depending on where you work. If you don’t mind working late at night, bartending can be a very rewarding hustler.
If you’re under the legal drinking age in your province or don’t like the idea of working nights, getting a side job as a restaurant server is another great opportunity. . You will be mainly responsible for welcoming new tables, selling them the restaurant’s specialties and ensuring that they have a pleasant experience inside the restaurant.
2. Freelance online services
If you don’t mind working on a computer all day, you can find plenty of high-paying “work on demand” opportunities online. Some of the most popular freelance opportunities include:
- Online proofreading
- Freelance blog writing
- Graphic design
- Video montage
- Social Media Marketing
If you’re a good writer, photo/video editor, or have a natural sense of marketing, then these could all be good opportunities to see if you can make money from your skills. Once you graduate, you can choose one of these professions and pursue them even further, perhaps even turning them into a full-time online business.
Self-employment is a great way for students to earn money as there are no long-term commitments, and the experience will teach you valuable networking skills that you can take with you throughout the journey. of your life.
3. Carpool driver
If you have a newer (2014-present) four-door vehicle, you could earn up to $23/hour or more as a rideshare driver, according to Indeed. Uber is by far the most popular service in Canada. However, Lyft is close behind and is even more popular in some areas.
Many rideshare drivers choose to drive for both Uber and Lyft, as each service allows drivers to come in and out whenever they want.
Both services offer peak pay during peak hours (typically lunchtime, dinnertime, and weekend nights) and additional compensation to deal with damage or latecomers.
4. Food Delivery
Meal delivery for services like DoorDash, UberEats, or SkipTheDishes can earn you up to $25/hour or more, according to Indeed. If you want to earn more, I suggest you work during peak food ordering hours, such as lunch (11 a.m. to 1 p.m.) or dinner (6 p.m. to 9 p.m.).
As a driver, you’ll earn base delivery fees as well as tips from your individual customers.
5. Virtual Secretary
Some 29% of all Canadians worked primarily online between July 2020 and June 2021, according to StatCan. As more and more Canadian companies are moving to an online business model, there are more opportunities to work online than ever before. One of the easiest jobs you can get is working as a virtual secretary or virtual assistant. Indeed, Canada reports that the average virtual assistant salary is around $22 per hour.
This role could see you working for a variety of different industries, including (but not limited to):
- B2B services (business to business)
You’ll learn valuable skills on the job, which will make it a great way to build your resume.
6. Work with a moving company
According to Indeed, movers earn between $18 and $20 per hour (sometimes more). Moving is hard work so you can expect to earn a bit more compared to other side jobs for college students. It’s a more flexible job than something like a cashier, because moving is a one-time job most of the time, so you can choose when you want to work.
Moving jobs often involve spending several hours a day going up and down stairs with heavy boxes and furniture, then doing the same thing again once you arrive at the client’s new home.
If you’re looking to gain muscle, don’t mind hard work, and like the idea of earning extra tips on top of your hourly income, then working for a moving company can be a great side job for people. Canadian students.
As a student, your main job should be to get the best possible grades and learn everything possible about the industry you are about to enter. However, I always encourage my readers to earn extra income during their summers, holidays, or vacations.
Having a side job with flexible hours will not only allow you to focus on your studies, but also give you valuable real-life experience and put extra money in your pocket.
Christopher Liew is a CFA charterholder and former financial advisor. He writes personal finance advice for thousands of Canadian readers daily on his Wealth Awesome website.
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