Daily Wealth Tips

"Active Income" is when you trade time for money (like a job). If you stop working, the money stops. "Passive Income" is when you do the work once, and the money keeps coming for months or years. As a student, you are busy with classes and exams. You need income sources that don't require you to work 8 hours a day. Here are 7 proven ways to build passive income in India with zero or low investment. 1. Sell Your Old Notes (StudyPool) If you are a topper who makes neat handwritten notes, you are sitting on a goldmine. How it works: Scan your notes (Physics, Math, History) and upload them to sites like StudyPool or Notesgen . The Income: Every time a student downloads your PDF, you get paid. You upload once, but earn 100 times. 2. Affiliate Marketing (The Big One) This is how most bloggers earn. The Concept: You share a link to a product (like a Laptop or Book) on Amazon. If someone buys it, Amazon pays you a commission (e.g., 5% to 10%). How to start: Sign up...

College is the first time many of us handle our own money. And honestly? Most of us are terrible at it. We spend our entire monthly allowance in the first 10 days and survive on Maggi for the rest of the month. But being "broke" isn't a badge of honor; it's a lack of planning. If you want to graduate with savings instead of debt, stop making these 7 common money mistakes. 1. Eating Out Everyday "Let's go to the canteen" is the most expensive sentence in college life. The Mistake: Spending ₹50 daily on snacks doesn't feel like much, but that is ₹1,500 a month. The Fix: Carry a water bottle and a small tiffin from home/hostel mess. Save the canteen for Fridays only. 2. Buying Brand New Books I have said this before, and I will say it again: Buying first-hand books is a waste of money. The Fix: Buy second-hand or use the library. You will use that book for only 4 months. Don't pay full price for it. 3. Ignoring Student Discounts You pay full pric...

Look around your room. Do you have piles of old textbooks from the last semester? Do you have competitive exam guides (JEE/NEET/UPSC) that you don't use anymore? You are literally sitting on cash. Instead of selling them to the Raddi-wala (Scrap dealer) for ₹10 per kg, you can sell them to other students for 50% of the MRP. Here are the 3 best ways to sell your old study material online in India. 1. OLX (The Local King) This is the fastest method. How to do it: Take 3 clear photos of your book. Create an ad with the title: "Class 12 Physics NCERT (Good Condition)." Price: Set the price at 50% of the MRP. Safety Tip: Always meet the buyer in a public place (like your college gate or a metro station). Never accept UPI payments before handing over the book. 2. Pustakkosh (Rental & Sell) If you don't want to deal with chatting with buyers, use Pustakkosh. What is it? It is a dedicated portal for educational books. The Process: You list your book. When it sells, ...

Let's be honest. We all want that latest iPhone or a flagship Samsung phone. But spending ₹80,000 or ₹1 Lakh on a phone when you are a student feels like a crime (and your parents definitely won't agree). But what if I told you that you could buy that same phone for ₹30,000 or ₹40,000, and it would look and work like new? Welcome to the world of Refurbished Smartphones . In 2025, smart students don't buy "New"; they buy "Renewed." 1. What is "Refurbished"? (It's Not "Second Hand") There is a difference. Second Hand: You buy a used phone from a stranger on OLX. It might have hidden scratches or a bad battery. Risky. Refurbished: A company (like Amazon or Cashify) buys old phones, fixes them, tests them for quality, and sells them with a Warranty . 2. Where to Buy Safely? Don't trust random local shops. Stick to these 3 trusted platforms in India: Cashify: They categorize phones as "Superb," "Good," and ...

"I want to go to Goa/Manali, but I have no money." Every student group has said this sentence. We assume travel is only for rich people. But in India, that is simply not true. You don't need flights or 5-star hotels to see the world. If you travel like a student (and not a tourist), you can explore amazing places for less than ₹3,000. Here is how I plan my budget trips. 1. The "Sleeper Class" Rule Stop looking at 3AC or Flights. The Hack: Indian Railways Sleeper Class (SL) is the cheapest way to travel long distances in the world. Cost: A ticket from Delhi to Mumbai can cost as little as ₹600 in Sleeper, compared to ₹4,000 for a flight. Experience: Open windows, chai vendors, and stories. It’s not just travel; it’s a vibe. 2. Stay in Youth Hostels (Not Hotels) Hotels charge for "Luxury." Hostels charge for a "Bed." What is a Hostel? You get a bunk bed in a shared dormitory. You get a clean locker, free WiFi, and a common room to meet oth...

Do you sit down to study, but 10 minutes later find yourself scrolling through Instagram Reels? Distraction is the biggest enemy of a student. In the age of smartphones, you can either let your phone destroy your focus or use it to become a topper. The difference is the apps you install. Today, I am sharing 5 essential (and free) productivity apps that will help you focus, organize your notes, and crack your exams. 1. Forest (Stay Focused) This is the most popular focus app in the world for a reason. How it works: Whenever you want to study, you plant a virtual tree. If you leave the app to check WhatsApp or Instagram, your tree dies. Why it works: It turns studying into a game. You want to build a full forest, so you stop touching your phone. Cost: Free on Android. 2. Notion (Organize Everything) Throw away your messy notebooks. Notion is an "All-in-One" workspace. Use it for: Creating study timetables, taking lecture notes, and tracking your exam syllabus. Student Benef...

Living in a Hostel or PG is freedom, but it is also a financial challenge. When your parents send you ₹5,000 or ₹8,000 at the start of the month, you feel rich. But by the 20th, you are borrowing money just to eat Maggi. If you are tired of being broke at the end of the month, you need a system. Here are 5 battle-tested tips to manage your money while living away from home. 1. The "Daily Limit" Rule Most students fail because they look at the monthly total. The Trick: Divide your pocket money by 30. Example: If you have ₹3,000 left for food/fun, that is ₹100 per day . The Rule: If you spend ₹150 today, you MUST spend only ₹50 tomorrow. Never borrow from next month's money. 2. Track Every Rupee (No Excuses) You think you know where money goes, but you don't. That ₹20 chai and ₹50 momos add up to ₹2,000 a month. Solution: Download a free expense tracker app (like "Walnut" or "Money Manager"). Habit: Log every expense the second you pay. The app...

"I will start investing when I get a job." This is the biggest financial mistake most Indian students make. By the time you get a job at 22 or 23, you have lost the most powerful weapon of wealth creation: Time. You don't need lakhs of rupees to become an investor. In 2025, you can start building wealth with as little as ₹100 or ₹500. Here are 5 safe and smart ways for students to start investing today. 1. Mutual Funds (SIPs) This is the best way to turn small amounts into big money. What is it? You give your money to an expert (Fund Manager) who invests it in the top companies of India. Minimum Amount: You can start a SIP (Systematic Investment Plan) for just ₹100 or ₹500 per month . The Magic: If you invest ₹500/month for 5 years, it grows much faster than a savings account due to "Compound Interest." 2. Digital Gold Indian families love gold, but buying jewellery is expensive. What is it? You buy pure 24K gold online. It is stored in a secure vault for yo...

Finding a good laptop on a student budget is hard. You want something fast enough for assignments, coding, and maybe some light gaming, but most "good" laptops cost ₹50,000+. However, if you know where to look, you can find machines that offer great performance without breaking the bank. Whether you are an Arts, Commerce, or Engineering student, here are the top 5 laptops under ₹30k that offer the best value for money in 2025. 1. ASUS Vivobook 15 (Best All-Rounder) ASUS rules the budget market right now. Specs: Usually comes with Intel i3 (11th/12th Gen) or Ryzen 3. Why for Students: It is slim, lightweight, and looks very premium. The keyboard is comfortable for typing long assignments. Price: Often drops to ₹28,000 during sales. 2. HP 15s (The Reliable Choice) If you want a brand that lasts for 4 years of college, go with HP. Display: It has a great Anti-Glare screen, which is good for your eyes during late-night study sessions. Battery: Excellent battery life (usually...

The start of a new semester is exciting until you see the price of the textbooks. In India, engineering and medical books can cost anywhere from ₹500 to ₹2,000 each . Buying brand new books every 6 months is one of the biggest wastes of money for students. If you are still buying "First Hand" books from the campus bookstore, you are doing it wrong. Here is how smart students save 50% to 100% on their study material. 1. The "Senior" Network (The Golden Rule) Before you go to a shop, go to your seniors. The Strategy: Most seniors want to get rid of their old books to clear space. How to ask: Don't just ask "Can I have your book?" Offer to buy it for 40% of the price. Bonus: Seniors often leave useful notes and "Important Questions" marked inside the pages. That is worth more than the book itself! 2. Second-Hand Markets (OLX & Quikr) You buy second-hand bikes and phones, so why not books? Where to look: Search for "Your City + Used ...

In 2025, your college degree is not enough. Companies are looking for skills . But as students, we can't afford expensive courses on Coursera or Udemy that cost ₹3,000 or ₹5,000. The good news? The biggest tech giants in the world— Google, Microsoft, and TCS —offer professional courses for FREE . And yes, they give you a certificate that you can put on your CV or LinkedIn profile. Today, I am sharing the top 5 free courses that will help you get a job. 1. Google Digital Garage (Digital Marketing) This is the "Gold Standard" for beginners. If you want to put a Google Logo on your resume, start here. Course Name: Fundamentals of Digital Marketing. What you learn: SEO, Social Media Strategy, and Email Marketing. Duration: 40 Hours (Self-paced). Certificate: Yes , you get a globally recognized certificate from Google & IAB Europe for free. Cost: ₹0. 2. Microsoft Learn (Student Hub) Microsoft usually charges for exams, but they have a special section for students. The...

In 2025, your college degree is not enough. Companies are looking for skills . But as students, we can't afford expensive courses on Coursera or Udemy that cost ₹3,000 or ₹5,000. The good news? The biggest tech giants in the world— Google, Microsoft, and Harvard —offer professional courses for FREE . And yes, they give you a certificate that you can put on your CV or LinkedIn profile. Today, I am sharing the top 5 free courses that will help you get a job. 1. Google Digital Garage (Digital Marketing) This is the "Gold Standard" for beginners. What you learn: SEO, Social Media Marketing, and Email Strategy. Duration: 40 Hours (Self-paced). Certificate: Yes, a recognized certificate from Google. Cost: ₹0. 2. Microsoft Excel for Beginners (Udemy Free Section) Every job—whether it is a Bank PO, CA, or Engineer—requires Excel skills. How to find it: Go to Udemy and filter for "Price: Free." What you learn: Pivot tables, VLOOKUP, and managing data. Why do it: M...

Being a student usually means being broke. But did you know that your "Student ID Card" is actually a discount card worth thousands of rupees? Big companies like Samsung, Amazon, and Indigo Airlines want students as customers, so they offer massive price cuts that normal people don't get. But they don't advertise them loudly. Today, I am revealing the Top 5 Student Discounts in India that you should claim right now. 1. Amazon Prime (50% Off) You don't need to pay the full ₹1,499 for Amazon Prime. The Offer: Under the "Prime Youth Offer," students aged 18-24 get 50% Cashback . How to claim: Sign up, verify your age (using PAN/Voter ID), and they will refund half the money to your Amazon Pay wallet. Benefit: Free delivery, Prime Video, and Amazon Music. 2. Samsung Student Advantage Planning to buy a phone or laptop? The Offer: Samsung has a specific "Student Store." Benefit: You get roughly 5% to 10% extra discount over the regular price. ...

"Earn money online." If you search this on Google, you will find thousands of scams asking for "registration fees" or "data entry" work. As a student, you cannot afford to lose money. But does legitimate online work exist? Yes. In 2025, companies are hiring students for skills, not degrees. Today, I am listing 5 genuine platforms where you can find part-time work without paying a single rupee. 1. Internshala (The Safest Option) If you are a college student, this app should be on your phone. What is it? India's biggest internship platform. Jobs Available: Content Writing, Social Media Marketing, Graphic Design, and even Human Resources. Pay: Most internships pay a "Stipend" of ₹2,000 to ₹10,000 per month for working 2-3 hours a day. How to Start: Create a free profile, upload your resume (even if it's empty, list your school achievements), and apply. 2. Chegg India (Subject Matter Expert) Are you good at Math, Physics, Accounts, or E...

As a student, the worst notification to receive from your bank is: "Your account has been charged ₹500 for non-maintenance of minimum balance." When we are already surviving on limited pocket money, keeping ₹5,000 or ₹10,000 blocked in a bank account just to avoid fines makes no sense. Fortunately, digital banking in India has changed the game. Today, I am listing the Top 5 Zero Balance Savings Accounts that are perfect for students. No hidden charges, no minimum balance, and totally digital. 1. Kotak 811 (Digital Savings Account) This is arguably the most popular choice for students. Minimum Balance: ₹0 (Zero). Interest Rate: Up to 4% p.a. Features: You get a Virtual Debit Card instantly for online shopping. No need to visit the branch; video KYC is done from home. 2. SBI Basic Savings Bank Deposit (BSBD) If you trust government banks more, this is the official "Zero Balance" account from the State Bank of India. Minimum Balance: ₹0. Debit Card: You get a sta...

Are you a student worrying about college fees, hostel rent, or exam coaching costs? You are not alone. But did you know the Government of India has thousands of crores in scholarship funds that go unused every year simply because students don't know how to apply ? In 2025, you don't just need to rely on your parents. Whether you are in school, college, or preparing for competitive exams (like UPSC/JEE), there is likely a scheme for you. Today, on DailyWealthTips , we are breaking down the top 5 government schemes that can put money directly into your bank account. 1. PM YASASWI Scheme This is currently one of the most popular scholarships for students belonging to OBC, EBC, and DNT categories. Who is it for? Students in Class 9 to 12. Benefit: You can receive between ₹75,000 to ₹1,25,000 per year to cover school fees and hostel expenses. How to Apply: Watch out for the notification on the NTA website (usually in July-August). You have to clear a simple entrance test. 2. Ce...

Let's be real. As students in India, we are almost always broke. We want to buy new books, pay for exam forms, or just have some extra cash for a trip, but asking parents for money feels wrong after a certain age. I was in the same boat until I found a method that actually works. I isn't talking about "filling surveys" for ₹2 or "watching ads." I am talking about a legitimate, government-regulated method that is helping Indian students earn ₹500 to ₹1,000 per day with zero investment. Today, I am welcoming you to DailyWealthTips.in , and for my first post, I am sharing the #1 secret that is working right now. The "Secret" Method: Refer and Earn You might have seen ads for investment apps like Upstox during IPL matches. They are India’s biggest stock brokers, backed by huge investors (like Ratan Tata). Instead of paying crores to TV channels for ads, they prefer to pay you to invite new users. The Offer: They pay ₹300 to ₹700 for every single ...