How Can I Make $5,000 Fast? (2024)

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In today’s tough job market and even tougher economy, every penny counts. Inflation means your dollar isn’t stretching as far as it used to, and you may be looking for ways to collect some extra cash.

Making money fast isn’t always easy–but there are some proven ways to earn thousands of dollars in weeks–not months. Here are 12 ways to make $5,000 fast:

12 Ways To Make $5,000 Fast

You’ll need to find some time, stay focused and put forth massive effort to make $5,000 from your side hustles. Here’s a dozen ways to make it happen fast:

1. Rent Your Property

If you own a home or some land–you can rent it out for some quick cash. But while renting a room may not be an option, there are online platforms that let you rent your yard, driveway or even garage space. Websites like Neighbor.com let you list your property for rent so people can store personal items and vehicles for a monthly fee. This can add up to $100+ per month for very little effort.

2. Rent Your Car

If you have a car you don’t use often, apps like Turo let you rent your personal vehicle and earn money. You’ll need to own a car that’s less than 12 years old and has less than 130,000 miles to use Turo, but you can quickly sign up, snap a few pics, and list your car for rent. This can net you hundreds per month in income.

3. Become a Rideshare Driver

Uber and Lyft have all but replaced taxi services in the U.S. As convenient as ride share service is for consumers, it also opened up a lucrative side hustle opportunity for millions of people. You can quickly get set up as a driver and start earning money for giving people rides. You’ll need a car that’s less than 12 years old and in decent shape, but if you can quickly rack up some positive reviews, you’ll get more and more opportunities to earn even more cash. Uber drivers can earn up to $20 per hour (or more), which can quickly turn into thousands over the course of just a few months.

4. Sell Stuff Around The House

If you have anything in your home that you haven’t touched for a year, it needs to go. Apps like Facebook Marketplace and Offerup make it easy to sell locally. If you’re really hurting for cash, consider selling old phones or electronics on eBay or other online websites to earn even more. And if it’s nice out, consider hosting a garage sale to sell even more items–just know that you don’t make quite as much as you would selling things individually online.

5. Pick Up Freelance Writing Gigs

Large online media publications often hire freelance writers with specific experience to help write informational, educational and promotional content for their brand. Everyone’s an expert in something, and if you have some writing chops–you can turn that experience into quick cash. You can start with websites like Fiverr or Upwork to land a few writing gigs, but as you establish your portfolio, you can start networking for referral clients and charging more. Within a few months you may be able to earn $1,000+ per month on the side.

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6. Invest In The Stock Market

Investing helps you grow wealth, but it can also produce income. Investing in stocks and index funds allows your dollars to go to work–and can earn you money at the same time. Some stocks and funds pay dividends and interest, earning you money on a monthly or quarterly basis. Dividend stocks in particular can earn up to 5% or more in annual income on your investment. This can add up as you continue to invest over time.

7. Create an Online Store

If you like to paint, make t-shirts or creative designs, you may have some luck selling your products at local markets. But if you really want to scale and make more money, opening an online store can help. Using platforms like Shopify can help you create a professional retail store online, process orders and handle shipping and taxes anywhere in the world. This can vastly expand your real estate and help you earn more cash.

8. Become an Online Coach

If you have some life experience, you might make a good coach. Helping others with their money, health or relationships can bring in great income–and you can do it all online. With tools like Zoom and Thinkific, you can set up coaching calls and create online coaching programs. This can earn you a tidy sum, and might even start to rival your day job income.

9. Flip Garage-Sale Finds

If you have knowledge of collectibles or the value of certain items, you might be able to start flipping. Flipping includes finding rare or collectible items at a very low price, cleaning them up, taking good pictures and selling those finds online. If you like to go to garage sales and can find low-cost items that have some value, you might be able to make a few hundred dollars (or more) on the side.

10. Edit Videos

If you have a penchant for amazing TikTok edits or know your way around video editing software, you can become a freelance video editor. You can get paid $100 or more to edit videos for brands and online creators–and eventually charge much higher rates once you’ve established your portfolio. This can be a great side hustle that you can do on your own time and quickly earn thousands.

11. Play with Dogs

Do you like dogs? Did you know you can get paid to play with dogs? Websites like Rover and Trusted Housesitters allow you to offer dog-sitting services and get paid a decent chunk of change for the privilege. This means you can get your fur-baby snuggles in and earn a few hundreds dollars on the side at the same time! With a few good reviews, you might even become more in-demand, allowing you to raise your rates and earn even more.

12. Get a Personal Loan

If you’re really in a tough spot and need $5,000 immediately, you might qualify for a personal loan. Some online lenders offer loans as fast as the next business day, and if you have good credit, you can get favorable rates and terms as well. While this type of debt can be hard to pay off, it’s better than using a credit card or payday loan and can help you handle financial emergencies faster.