Hi A.D,
you have a lot of advantages, the way I see it. You are young, proficent with computers and internet, you most likely have no real "need" of making enough money to support yourself and don't have any family yet.
I will give you two pieces of advice, pay special attention to the first.
The most valuable thing you can do for your future is to start a business that will have something, anything to do with what you will be studying. If you want to study engineering, start a business making rapid-prototyping models for companies (you just take their order and place it somewhere else). If you want to study english, start a business selling dictionaries or a course for foreigners who want to learn english.
The second point is: Keep your service simple! You only want a toe into the water, to see where you can make money in that field. Your service will change a lot over the first few months, and somewhere along the way you will hit a gold ore; a place where you have your own market with great profits.
The first part here is a no-brainer, but the second: just trust me! You're an intelligent guy, just keep switching your services around and asking your customers along the way. They will tell you what product or service they are looking for. It took me about three-four months of making $20 a month to find that service, but then my income jumped to $1000 a month with about 30 hours work a month.
Quick note on making money on the internet: It is slow! It rarely pays off, and at that it doesn't pay off very good. Blogs make no money, and calling it passive income is ridiculous. Passive income is having three people working for you, you just checking in every few days to see if everything is doing alright.
Regards,
Karl
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