She Strengthens

Summer Fun on a Budget: Unconventional Ways to Boost Your Income

As the warm weather approaches, our social calendars fill up with outdoor events, festivals, and gatherings. But with all the fun comes a strain on our wallets. As a graduate student in Toronto, I know firsthand how difficult it can be to balance my love for summer activities with my limited budget.

The Struggle is Real

Every year, I try to save up for the summer months, but I always seem to go over budget. It’s not by much, but enough to know that I need to find ways to make some extra cash. The problem is, as a science graduate student, my schedule is unpredictable, and I don’t have the flexibility to hold a traditional part-time job.

A Flexible Side Hustle

That’s when I discovered the world of research studies. You might be familiar with them from your college days, where you could participate in psychology studies for extra credit. But did you know that many of these studies offer cash instead of credit? It’s not a get-rich-quick scheme, but it’s a decent way to add some extra outings to your month.

My Experience

I’ve been participating in research studies for a while now, and I’ve had a positive experience. The most I’ve made in a month is $80, which might not seem like a lot, but it’s still $80 I wouldn’t have otherwise had. I allocate 75% of my earnings to my discretionary budget, and the rest goes into savings. The best part is that I get to choose studies that interest me, so it doesn’t feel like work at all.

Things to Keep in Mind

If you’re interested in making some extra cash through research studies, here are a few things to keep in mind:

Know What You’re Signing Up For

Research studies can take many forms, from psychology surveys to medical imaging. Know what you’re comfortable with and what you’re willing to do. Always ask for a copy of the consent form before participating, so you can review it at your own pace.

Know Your Rights

As a participant, you have rights. Don’t feel pressured to sign up for a study or do anything that makes you uncomfortable. You also have the right to leave at any time. If you suspect any bad practices, report them to the ethics board.

It’s Not a Job

Research studies aren’t traditional jobs, and the rules are different. You might be paid in an honorarium, which is considered a thank-you gift rather than payment. The amount you earn can vary, and sometimes it might be below minimum wage. But there can also be side benefits, like learning more about your health or a topic that interests you.

Honesty is the Best Policy

As a researcher myself, I cannot stress enough how important it is to be honest when participating in studies. Don’t lie to fit the criteria, as this can have serious consequences for the research and its applications.

By being mindful of these factors, you can make some extra cash through research studies and enjoy your summer activities without breaking the bank.