6 Summer Jobs to Help You Budget for the Next School Year

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Earning an income over the summer can help you minimize the student debt you take on throughout college. Those precious few months when school is out are important to help you save money and prepare for the upcoming year’s expenses.

But knowing where to find work can be difficult. Here are a few ideas for high-paying jobs you can take on this summer, plus ways to budget all that hard-earned money once it’s yours.

Exciting summer jobs for college students that pay well

If you’re not sure about which jobs you should consider, think about the skills you have or are looking to develop for your future career.

Mentor at heart? Ways to make money instructing

If you have a passion for helping others reach their goals and improve themselves, here are some jobs to consider.

1. Tutor

SAT tutor jobs are paying between $12 and $36 hourly, according to listings on Glassdoor. Subject area expertise and prior tutoring experience can help you stand out from other applicants. Search for jobs by contacting local high schools, universities, and tutoring centers.

If you don’t feel confident tutoring a specific subject for the SAT, consider working with students at a different grade level or working as a teaching aide or assistant.

2. Athletic coach

From cheerleading to basketball to tennis, if you’re talented in a particular sport, you might be able to turn that into summer earnings. A search for youth sports coaching jobs posted on Indeed in the Los Angeles area showed an average hourly wage of $17. You can also consider advertising your services privately as a side hustle to make more cash.

Like being inside? Make money without leaving the house

Working from home has its perks. It’s convenient and comfortable. But these high-paying summer jobs for college students aren’t always easy to come by. Here are a few positions you can seek out.

3. Audio or video transcriber

I was fortunate to find a summer job working as a transcriber. I found the position through an online classified ad and got to transcribe content for a reality TV series. It was my first foray into the film industry before I pursued a film minor in college.

The experience was amazing, but if I ever develop carpal tunnel syndrome, I’m directly linking it to this job. It involved a lot of typing, somewhere near 10 hours a day.

All sorts of audio needs to be transcribed, from interviews to medical records, court documents, and TV production footage. TranscribeMe, a transcription service, states that earnings start at $20 per audio hour.

Another place to start looking is GMR Transcription. The service asks you to transcribe a minimum of four audio hours per month.

4. Freelance writer

If you have a knack for writing and articulating ideas and stories, freelance work could be a good option. Freelancing is less like having a standard job and more like running your own business, which means you’re not going to earn a guaranteed income.

According to PayScale, the average U.S.-based freelance writer makes a little under $25 per hour. But your rate is only as good as your negotiating skills. But, if you do it right, you don’t have to leave the house for meaningful, high-paying work.

Outdoorsy? These jobs will get you outside

If you enjoy being outside and on your feet, here are some ideas to get you out of the house.

5. Road work crew flagger

A flagger works on a road work crew. They ensure cars slow down as crew members enter and exit the construction zone. Entry-level flagging jobs without any education or experience level requirements start at around $12 an hour, according to listings on Indeed.

6. Tour guide

Whether you’re offering walking tours around the city, on college campuses, or out on hiking trails, you’re liable to find interested customers. Airbnb Experiences is a great outlet for this summer job. It allows you to create and host your own tours.

For example, some Airbnb hosts in Denver charge $49 per person for hiking excursions through the Rockies. Longer or more advanced hikes cost more. But other hosts offer local coffee tours, makeup lessons, and city walking tours.

How to budget your summer earnings

Finding the right summer job is important, but knowing how to budget the money you earn is key. By planning out your budget ahead of time, you can map out your financial goals and how you’ll reach them.

Here are a few financial goals you could devote your earnings to:

  • Create an emergency fund: Building an emergency fund could save you if your car breaks down next semester, if rent is unexpectedly raised, or if any other unexpected expenses crop up.

  • Cover school-related costs: You can use your summer earnings to cover the cost of books, school supplies, or your meal plan.

  • Save up for travel: If you devote your summer earnings to travel expenses, such as to pay for your trip home over Thanksgiving or Christmas break, you can buy flights early or when they go on sale.

There’s more to a summer job than the retail or food service industry. By using the skills that you’re already developing in your college program, you can potentially get a higher-paying job that allows you to save for major expenses you’ll face during the school year.

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Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.