10 Ways To Make Extra Money: Earn $500 Per Month! (2024)

Whether you need cash like yesterday, want to start an emergency fund, or daydream about jet setting, let me help you jumpstart your financial goals with these top ten ways to make extra money.

10 Ways To Make Extra Money: Earn $500 Per Month! (1)

When your boss isn’t freely handing out raises, you need to brainstorm your potential earning options fast. Let’s look at ten ways to make extra money.

10 Ways To Make Extra Money: Earn $500 Per Month! (2)

Julie Thompson

Julie Thompson is a professional content writer who has worked with a diverse group of clients, including online agencies, tech startups and global entrepreneurs. Julie specializes in current business trends, making money online, and finance.

1. Become a Pinterest virtual assistant (VA)

Being a virtual assistant (VA) can vary in tasks, from replying to emails to setting up appointments. More often than not, VAs work remotely and can specialize in specific software, industry, or social media.

As a Pinterest VA, you will be designing Pinterest pins, writing pin descriptions, setting up posting schedules, using an auto-scheduler, and Pinterest advertising.

While you should have an eye for design, motivation to write, and excellent work discipline, you can be a Pinterest VA with little to no experience.

Not sure where to start? Check out my post on how to become a Pinterest VA.

2. Sell Printables

If you want to make a product and sell it, but doesn’t know where to begin, you could consider opening an Etsy printables shop.

Opening a shop like this offers you a ton of options because printables are simple to make and can be customized for a wide range of niches.

The majority of the work is done once you create your printables and learn how to promote them. Plus, you don’t have to worry about shipping, keeping up with inventory, or constant updating, printing, and more. It really is simple1

All you need to get started is to figure out your niche, design the printables, and upload them to Etsy and start marketing them.

This is a great side hustle for people who don’t have a lot of time, space, or money to get started.

3. Start a dog bakery

In 2022 alone, pet owners spent $11 billion on pet treats. While dog treats remain at 78% of sales, cat treats continue to climb.

If you like to bake and want to learn the best ingredients for your furry friends, selling pet treats could quickly yield you extra money. Watch my free workshop if you want to start a dog treat business.

4. Sell online courses

You don’t need to be an award-winning author, athlete, or scholar to sell online courses.

If there is a topic you are passionate about and have spent a lot of time learning the details, you can sell an online course to teach others what you have learned.

Before making a course, take the time to view a few high-selling courses in your niche. Doing so lets you understand what people like about the course and what could be improved.

High-selling courses always add content after the fact to support viewers’ questions. The constructive criticism may even lead to the creation of your next course.

5. Dabble in dropshippingor print on demand

Dropshipping is a low-risk way to start an online business. You don’t have to prepay for inventory; you are simply the go-between.

You can find suppliers that will sell you products at a wholesale price and decide on a markup to earn profit.

If you want to get a little more custom or niche down, I think print on demand is a lot more fun.

Print on demand is not the same as dropshipping.

You can design products and use a print-on-demand service to make and deliver the products you create.

How it works is you add the products to your existing website, an e-commerce storefront like Etsy or Shopify, or a social media platform.

Realistically, you can build wealth in virtually any product category without needing a physical store or storage space.

This free guide shares the most popular topics for print on demand niches.

6. Rent out your space

Get creative and rent out your unused space for recurring revenue.

With the high cost of housing, 44% of Americans are working at least one extra job to meet their monthly bills.

If you are fortunate to have an unused guest bedroom in your house or a mother-in-law suite, you can use it as one of the ways to make extra money.

Have an unused barn, shed or building on your property? Rent out your storage space. From storing extra vehicles or storing someone’s boat in the cooler months, this is a mostly passive way to make money using what you have.

Always run a thorough background check on your prospective tenant, research state and federal laws regarding landlord laws and responsibilities, and set clear rules upfront about boundaries and payment date(s).

7. Start a blog

Starting a blog can be one of the most profitable side hustles that can become a full-time job. In fact, in less than a year, I could quit my day job and make a full-time living blogging.

Check out my post on how to start a blog in 15 minutes or less. I’ll walk you through all the steps so you can leave your 9 to 5 and be your own boss.

For some extra inspiration, it only took me a few months of blogging to make my first $61.83. You can read my first income report here!

8. Build a Fiverr account

There are plenty of ways to make extra money by building a Fiverr account.

If you already have a gig-type profession or hobby, or are looking to start offering various services. This can range from offering consultation services related to your day job or pursuing a new line of work.

The following categories are just a few that sell well.

  • Writing project descriptions
  • Graphic design
  • Custom excel spreadsheets
  • Niche WordPress websites
  • Copywriting
  • Scriptwriting
  • Logo design
  • Resume writing
  • Logo design
  • Social media video editing
  • Voiceovers
  • Video editing translation services
  • Animation

Remember to promote your Fiverr services to friends and family, social media, etc.

If you can bring a new user to Fiverr, you will receive 100% of your pay and avoid the 20% Fiverr typically takes to market your gigs.

9. Use your phone

Your grocery receipts can earn you money if you use a smartphone app like Ibotta.

Simply shop as usual, snap a photo of your receipt, and you can save anywhere from fifty cents to five dollars on everything you purchase.

Even after 10+ years, Kristin is still using this app and earns cash back on it regularly!

You’re not required to purchase name-brand goods either. Numerous cash-back and coupon options are compatible with products from any brand, including store brands and cheaper options.

When you register here, you can also get a $10 cash bonus after your first scan!

10. Become an Influencer

If you want to work with and discuss brands you love, becoming an influencer could be an excellent addition to your income.

Choose a niche you are passionate about and can easily follow trends like fashion or tech.

Focus on building your audience through video platforms like Instagram and YouTube.

The more popular you get, the more offers you will receive from brands that want to take advantage of your engaged audience.

10 ways to make extra money

Whether you choose one of my top ten ways to make extra money, or you choose your own path, its vital to get started ASAP.

The quicker you sign up, fill out applications, or get creative, the faster you’ll have cash in your pocket.

Comment below and tell me how you’ll make an extra $500!

10 Ways To Make Extra Money: Earn $500 Per Month! (3)
10 Ways To Make Extra Money: Earn $500 Per Month! (2024)

FAQs

10 Ways To Make Extra Money: Earn $500 Per Month!? ›

You can make $100 a day in many ways, including freelancing, bookkeeping, tutoring, Airbnb, starting a blog or YouTube channel, doing more challenging odd jobs like light carpentry, or becoming an Amazon reseller.

How to make extra $500 a month? ›

Here are 101 different ways for you to achieve that goal:
  1. Make an Extra $500 a Month At Your Current Job. Volunteer for Overtime. ...
  2. Cash in On Your Skills or Hobbies. Launch a Blog. ...
  3. Offline Hustling. Babysit. ...
  4. Hustle Online. Freelance. ...
  5. Renting Out Items You Already Own. Host a Foreign Exchange Student. ...
  6. Sell Stuff. Have a Garage Sale.
Jul 18, 2024

How do I make $500 quickly? ›

How to Make $500 Fast (7 Simple Methods to Start Today)
  1. Featured side hustles to consider. ...
  2. Complete online surveys. ...
  3. Pet sit for other people. ...
  4. Drive passengers with Uber or Lyft. ...
  5. Deliver food and groceries with DoorDash or Instacart. ...
  6. Sell items you no longer use. ...
  7. Rent out extra space in your home. ...
  8. Become a freelancer.
Jul 8, 2024

How to turn $500 into more money? ›

Below are five ways to invest $500—and potentially turn it into much more.
  1. Certificate of Deposit (CD) CDs are considered low-risk investments. ...
  2. 401(k) A 401(k) is a common employee benefit. ...
  3. IRA. ...
  4. Stocks. ...
  5. Cryptocurrency.
Nov 22, 2023

How can I make $30 a day passive income? ›

One of the easiest and most passive ways to make $30 per day is by utilizing cashback websites. These platforms allow you to earn money while doing your regular online shopping. By signing up for free and shopping through their partner stores, you can earn cash back on your purchases.

How to make $500 a week from home online? ›

Work From Home $500 Per Week jobs in Remote
  1. Customer Service Representative (Remote) New. ...
  2. Remote Guest Relations/Customer Service Specialist. Pavlus Travel & Cruise2.7. ...
  3. Remote Customer Service Representative. ...
  4. Customer Service. ...
  5. Administrative Assistant. ...
  6. Strengthen your profile. ...
  7. Live Chat Agent. ...
  8. Administrative Assistant/Reception.

How can I make $1000 quick today? ›

How to make $1,000 fast
  1. Sell stuff you already own.
  2. Deliver food.
  3. Pick up a part-time job.
  4. Rent out unused space.
  5. Start freelance writing.
  6. Try affiliate marketing.
  7. Drive for a ridesharing service.
  8. Find odd jobs.
Jan 17, 2024

How to make $5,000 a month fast? ›

11 Easy Ways to Make $5,000 Fast
  1. Sell Items You Already Have. The first step in making $5,000 fast is to leverage what you already have. ...
  2. Rent Out Space. ...
  3. Become a Rideshare Driver. ...
  4. Teach Online. ...
  5. Get a Car Wrap. ...
  6. Sell Stock Photos. ...
  7. Consider Freelancing. ...
  8. Flip items online.
Mar 21, 2024

How to earn $500 per day from mobile? ›

How to Earn Rs 500 Per Day Without Investment?
  1. Refer and Earn Program. ...
  2. Participate in online contests. ...
  3. Freelancing. ...
  4. Affiliate Marketing. ...
  5. Blogging. ...
  6. Online Surveys. ...
  7. Participate in mega gaming tournaments. ...
  8. Rent Your Household Items.
Jun 27, 2024

How to generate passive income with just $500? ›

Here are some of the best options for spending $500 on passive income ideas that help you generate more money.
  1. Invest In High-Quality Content for Your Personal Brand. ...
  2. Buy and Sell Domain Names. ...
  3. Peer-To-Peer Lending Accounts. ...
  4. Cryptocurrencies. ...
  5. Dividend-Paying Stocks. ...
  6. Refurbish a Spare Bedroom.
May 11, 2024

How to build wealth with $500? ›

Consider investing $500 in an individual retirement account (IRA), which gives you options, including stocks, bonds and mutual funds. If you don't have an IRA, $500 would easily get you started at many banks and credit unions. You can also open up IRAs at online brokerages and investment companies.

How can I make an extra $600 a month? ›

11 Fabulous Ways to Make $600 Fast, All in Cash
  1. Get rid of stuff you don't need.
  2. Rent your stuff.
  3. The gig economy is here to save the day.
  4. Make money doing what you already do.
  5. Invest in your talents.
  6. Be mysterious.
  7. Sell your friendship.
  8. Dog walking and pet sitting.
Apr 5, 2024

How much is $500 a month for a year? ›

$500 monthly is how much per year? If you make $500 per month, your Yearly salary would be $6,000.

Are Americans getting $500 a month? ›

Some California residents will start earning $500 monthly payments this summer as the state begins its Advancing Fresno County Guaranteed Income program. The program offers $500 each month for a year to 150 households in Fresno County.

How much money do I need to invest to make $500 a month? ›

Some experts recommend withdrawing 4% each year from your retirement accounts. To generate $500 a month, you might need to build your investments to $150,000. Taking out 4% each year would amount to $6,000, which comes to $500 a month.

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