What would you do with an extra $500 this month? You could pay your bills without dipping into your savings, pay off student loans, save for that dream vacation, or even start your investment journey. You can make money quickly in multiple ways, whether through passive strategies or using what’s available.
Here are 12 creative ways to add $500 to your monthly wallet.
1. Find a Freelance Remote Job
You should take advantage of this and start monetizing any specific skills you’ve not considered monetizing. If you’re good at writing, consider getting into freelance writing or blogging, and if you’re good at organizing and planning, you can become a virtual assistant.
There are plenty of high-paying remote jobs that you can complete in your free time and make $500. Do your homework to determine your preferred job, depending on your skills. Platforms like Fiverr, Upwork, and other remote job sites are great places to find work.
2. Sell Digital Printables Online
Digital printables have increasingly become popular, and more people are looking for convenient ways to access content. You can use your creative skills to create printables like kids’ activity books, recipe cards, weekly planners, wedding planners, party invitations, and more.
You can use platforms like PicMonkey, Canva, and Adobe Acrobat to create printables. Some of the best places to sell printables include Etsy, your website, or on social media. By selling at least 100 digital planners for $5, you can easily make $500.
3. Start a Dog Walking/Pet Sitting Service
If you love spending time with pets, consider starting a side hustle as a pet sitter or a dog walker. On average, a dog walker makes $22 per visit. Walking five dogs daily equates to $110 per day and up to $550 per week.
Note that the amount you can make dog walking will vary depending on where you live, the number of dogs you walk, and the number of times you walk the dogs.
4. Sell Items You No Longer Need
You can make an extra $500 this month by selling items you own without needing or using them. Items like old furniture, car parts, cellphones, gift cards, books, children’s toys, and pet accessories can help you make extra money this month. You can sell unwanted items on Craigslist, eBay, or Poshmark.
5. Rent Out Any Spare Room In Your Home
It’s possible to make extra income this month by renting out any free space in our home. That could be an empty guest room, unused garage space, or a room in your basement. Platforms like Neighbor allow you to make some extra cash on your space by creating a free listing that you can use to advertise the space to people.
6. Resell Items From Thrift Stores
If you have an eye for good-quality products, you could convert this into an income-producing hustle by reselling items from thrift stores. There are many items to find at thrift stores, flea markets, or online, such as art, furniture, bags, toys, electronics, etc.
You can resell these items for a profit on sites like Facebook Marketplace, Craigslist, or eBay. Flipping stuff can earn you $500 or more in a month.
7. Earn a Commission From Affiliate Marketing
Affiliate marketing is an excellent avenue to make extra cash if you love promoting products or services. You get to earn a commission by promoting someone else’s product by sharing direct links to the seller’s site. Once a potential customer clicks on the link and makes a purchase, you get paid a commission. You can promote affiliate products through blog posts on Instagram, Facebook groups, or your site.
8. Flip Websites
Another less-explored avenue to make extra money this month is buying and flipping websites. Simply purchase a website in a specific niche, improve its organic traffic through engaging content, and make it profitable. You can then sell the website at a profit on sites like Flippa. Flipping websites is lucrative but requires hard work and patience to get numbers and become profitable.
9. Start a YouTube Channel
A YouTube channel in a profitable niche can easily earn you $500 in a month. You may need to build traffic to your site, reach the required subscription numbers, and watch time before you get monetized. However, once you attain the minimum threshold, you can earn an income through brand sponsorships, display advertising, selling digital products, or affiliate marketing.
10. Provide House Sitting Services
Some homeowners travel frequently for work, vacation, and other needs. They require someone to keep things tidy, collect mail, water their plants, or care for their pets. You can make money by offering house-sitting services.
Most sites will require you to complete a background check before applying for house-sitting jobs. Websites like care.com, House Sitters America, and House Carers are the best places to look for work.
11. Online Tutoring
If you’re proficient in a specific language or subject, you can provide tutoring services online at a fee. All you need is to sign up on a given platform, set your schedule, and list your price for every lesson. Teachers with certifications have a chance of earning more per lesson.
You’ll also need a stable internet connection, a working microphone, and a laptop to get started. Sites like Cambly, Preply, Verbling, and Vipkid are excellent places to look for tutoring jobs.
12. Become a Personal Shopper
Life can get hectic, and most people don’t have time to go grocery shopping, run errands, or shop for clothes. To provide convenience to busy clients, you can become a personal shopper and offer these services at a cost. Personal shoppers can make up to $20 an hour, meaning you could make $500 by setting aside 25 hours a month.
These are creative ways to add $500 to your wallet this month. Find an idea that works with your schedule and skills to help make ends meet. Remember that having an idea is only the beginning. You need to take action and implement the idea to start making money.
