• While having a side hustle is great for extra income, it’s not always easy to juggle work and challenges like balancing classes, assignments, and a business can be stressful. Without proper time management, grades may suffer.

Gone are the days when university students relied solely on their parents or student loans to survive. Today, many students are diving into side hustles, small businesses and freelancing to make extra income.

The rise of digital platforms, the increasing cost of living and the desire for financial independence have all contributed to this trend. But why are side hustles becoming so popular among students, and how are they able to balance their academic and social lives?

The cost of university fees continues to rise, making it harder for parents to pay, and therefore, the student has to help raise the funds so as to stay in school. Many turn to side hustles to cover tuition fees, rent, food, and other essentials without taking on excessive student debt.

With the internet, students have more opportunities than ever to start businesses or freelance from their houses. Platforms like Fiverr, Upwork, and Etsy allow students to offer services like graphic design, writing, and handmade crafts to a global audience. Many students don’t want to rely completely on their parents or loans to support them.

A side hustle gives them control over their finances and teaches them valuable money management skills. Unlike fixed-time jobs with set hours, side hustles often allow students to work on their own schedules. Whether it’s creating content on YouTube, this has enabled many students to know the art of balancing work with their academic responsibilities.

Many students use their writing, graphic design, programming, and social media management skills to take up freelancing on platforms like Fiverr, Upwork, and PeoplePerHour, YouTube, TikTok, and Instagram has created opportunities for students to earn money through sponsorships, creating ads and brand collaborations.

Many students vlog about their college life, beauty routines or educational content. Platforms like Shopify and Etsy allow students to sell handmade crafts, print-on- demand products, or drop ship goods without needing to handle inventory themselves.

While having a side hustle is great for extra income, it’s not always easy to juggle work and challenges like balancing classes, assignments, and a business can be stressful. Without proper time management, grades may suffer.

Constantly working can lead to exhaustion and affect mental health. If students prioritize their side hustle over studying, their academic performance may decline. One has to learn to balance because the main agenda was and will remain as academics.

Times are changing, the reality is harsh, and one must learn a skill. Whether it’s for financial survival, personal growth, or career-building. Students must find a balance to ensure their education remains a priority and of course, with the right approach, a side hustle can be more than just an income source; it can be the foundation of a future career.