How To Make 500 Dollars Fast

Your ability to save money and how much money you spend on monthly bills from your paycheck can either derail or improve your financial future. So if your bank account is always empty and stretched at the end of the month, you should seriously consider earning some extra money.

In this article, we will not discuss strategies such as earning cash rewards or long-term money investing options such as real estate because while these are important for long-term financial freedom, they will not get you out of the water right now.

This article will teach you how to make 500 dollars fast, or at least quicker than you previously thought possible.

how to make 500 dollars fast

1. Online Surveys

Earning 500 dollars with online surveys sounds like a lot of hassle to get more money, but desperate times call for desperate measures. Swagbucks, Surveyeah, Survey Junkie, InboxDollars, and many other sites allow you to get paid by completing online surveys in your spare time.

Many market research firms use these sites to gather honest feedback for their studies, and in exchange, you receive rewards, cash bonuses, or simply a direct deposit for your efforts.

How long does it take to make $500 with online surveys?

They typically pay $5-15 for a survey, which takes approximately 35 minutes on average. So if you spend two hours a day doing surveys, two low-paying ones and two higher-paying ones, you will earn $40 per day. This means you can earn $500 in 12-13 days with just 2 hours of extra work per day.

2. Watch Videos

We typically watch videos for fun rather than to get paid. What incredible times we live in when you can earn extra money by watching videos! You can earn points to trade for cash on several websites, including Swagbucks, MyPoints, InboxDollars, Nielsen, TaskBucks, PocketCharge, and Zynn.

Several companies and content creators want to get viral and pay for these sites to feature their videos and ads. They want to see how people react to their ads, TikTokers want their videos to go viral, and content makers pay you to help them decide which video has the most potential to do so.

How long does it take to make $500 with watching videos?

This pays between $4 and $6 per hour on average. That’s not much. But suppose you do it semi-passively. For example, you watch a video while doing sport or passively while watching Netflix in the background. You may easily complete 4 hours of work every day by fitting it into your free time. With an hourly wage of $5, it takes 100 hours, or 25 days, at 4 hours per day, to earn an extra 500 dollars in leisure time.

3. Rent Out a Spare Room

If you haven’t been living under a rock for the last few years, you’re probably aware that renting out property may be quite profitable. You may easily earn a few hundred dollars per month through rentals.

You can either use Airbnb, a classified ad site, a Facebook group, or Marketplace or simply inform your friends that you have a spare room for rent. If you rent an apartment, check if your lease allows you to rent out a spare room. You can also use Airbnb to rent out your spare room or apartment for the weekend while visiting your parents or friends.

How long does it take to make $500 with renting out a spare room?

If you rent out a spare room for a longer period, you can easily pocket $800-$1,500 per month. If you want to Airbnb, you can charge whatever you want based on where you live, but on average between $40 and $80 per night, and it takes between 6 to 12 nights to make $500. If you can rent out your entire flat for the weekend, you can charge between $150 and $200 per weekend. That means you can earn more than 500 dollars on less than three weekends.

4. Sell Stuff

When you’re short on cash, first, you should see what you can sell to get some more money until things get better. By finding stuff at home to sell online, you can easily make 500 dollars fast.

You can use sites like a Facebook marketplace, eBay, Etsy, Depop. You can usually get paid through your Paypal account.

How long does it take to make $500 with selling your stuff?

People shop online all the time, so it can be a real piece of cake. If you sell ten pieces of clothing you have at home for $20 each, you will have made $200. You may easily make up the remaining $300 by selling some old electronics and jewelry.

5. Do Online Jobs

Online gigs are thriving, and you can easily earn extra cash by making money online from side gigs. You can run an online store for someone, do online marketing, become a virtual assistant, or run social media accounts. Depending on your skills, you can find a niche to get paid well.

Sites like Upwork, Fiverr, Truelancer, Freelancer, and many more, offer thousand of online jobs from fairly well-known to very new and miscellaneous ones. Some of the most successful entrepreneurs on Fiver earn six figures a year.

How long does it take to make $500 with online jobs?

You can work on hourly or fixed-price tasks. An entry-level hourly fee is between $8 and $15, a mid-level hourly rate is between $15 and $25, and experts are paid from $25 and up. These vary greatly by industry, but with basic digital skills, smarts, enthusiasm, and English proficiency, you may easily score a 20$/hour gig. This implies you’ll have to put in 25 hours to get the extra 500 dollars. It’s more profitable to find fixed-price projects and do them well if you’re a pro and work quickly.

See Also: How To Make Money on Upwork

6. Ad-Hoc Sightseeing Tours

I’m assuming most people wouldn’t think of this, despite many people earning a career off of it. It depends on where you live and whether or not there are any tourists in the area. If you don’t, you should look up the nearest tourist attraction and see how much it will cost you to travel there. Like the cost of flyers, this fee must be included in your price, above your profit.

First, plan a fascinating walking sightseeing tour of a nearby touristy location. Learn the specifics. Prepare with a lot of extra tiny data to prevent being caught off guard by too many unneeded questions. Make it an hour long and practice with friends. You can distribute fliers with your phone number and email address on them.

How long does it take to make $500 with ad-hoc sightseeing tours?

You can easily set your own hours and earn cash very fast by being friendly and advertising with your flyer in touristy restaurants and bars. Assuming you offer a day tour and a night tour for $10 per person on each day. If you have at least 5 customers on your daily and nightly walking tours, you’ve made $100 each day. You can make that 500 dollars fast in 5 days.

7. Join Online Focus Groups

Another way to make 500 dollars fast is to join an online focus group. To earn money with your opinion is peak 21st century. These consumer surveys can mean a lot for future product development and marketing strategies.

You can find several sites that offer focus groups to join: User Interviews, Respondent.io, Ipsos i-Say, Recruit and Field, Survey Junkie, Survey Feeds, FocusGroup.com, American Consumer Opinion, Fieldwork, Probe Market Research, Mindswarms, Brand Institute.

How long does it take to make $500 with online focus groups?

It usually takes 1-2 hours for an online focus group survey to be completed. The payment can vary greatly based on how niche the topic is, but it’s usually between $20 and $450 per hour. If it’s nothing too specific, and you don’t have much luck, let’s say you are paid $30/hour. With an average of just over 1.5 hours per survey, it takes you to join 11 online focus groups to make 500 dollars. That can be done in 1-2 weeks if you join as many sites as you can.

8. Do a Yard Sale

Yard sales seem like an outdated concept to make extra income for many young people. But many love them, and although it started as an eerily American thing, it spread to Europe as well. It’s an efficient way to get rid of your unused stuff, either to buy something new or to make some extra cash.

It’s best to plaster it out beforehand that you will host a yard sale at an exact time and place. You can put it up in more places across town nearby. You can also advertise it on Facebook to your contacts or put up an ad on Craigslist or Facebook Marketplace. Even better, if you outline more or less what kind of stuff you will be selling.

How long does it take to make $500 doing a yard sale?

If you have old electronics or collectibles, you can make 500 dollars fast, in a matter of hours. With clothes and smaller things, it might take you a full-on weekend to make it happen, though.

9. Utilize Your Free Time

Utilizing your free time to earn money sounds absurdly vague. Before we get into the specifics, you should understand that sometimes the only way to get extra cash is to use some of your free time instead of watching Netflix, scrolling through social media, or going out to have fun. Sometimes you have to step out of your comfort zone to make real progress.

How long does it take to make $500 utilizing your free time?

You can advertise to offer to wash windows in the suburbs. Many families will gladly pay you 50$ for a full-service window-washing. That means you have to do two houses daily to make $500 in 5 days.

You can also mow lawns for busy families. You can easily make $500 or more on a weekend with your two hands if you charge $50 per lawn. You can also put up some flyers advertising your service in more affluent areas.

You can make side income as a real estate property manager. All you have to do is collect money and call the mechanic when necessary. That job was intended to be a side gig, in case it’s not a huge block we’re talking about. Take on 2-3 houses, and you’ll easily make 500 dollars in 1-2 weeks.

10. Do Some Odd Job

In todays’ economy, you can find many odd jobs that you would never have thought of advertising as a service and get paid for them. Odd jobs have a bad rep, but most of them don’t involve anything illegal or unethical, and they are a perfect way to make some extra cash in your spare time.

You can regularly check sites like TaskRabbit, Craigslist, Amazon Mechanical Turk, EasyShift, Fancy Hands, Reddit, and Thumbtack to stumble upon odd jobs. You can also set up an ad in your nearby online classifieds that you take on odd jobs.

How long does it take to make $500 with an odd job?

Making money from odd jobs like making repairs and handyman tasks, helping people move, helping someone manage after surgery, getting them groceries, helping them to get by after eye surgery, liking social media posts and commenting for money, and many more can be an easy source of extra side income, and make you $500 in mere days.

11. Make a Bake Sale

I’m sure you enjoy bake sales because everyone does. Who said it could only happen in schools and local charities? You can make money in your neighborhood by doing some planning, grocery shopping, and fun baking.

First, you must decide what you want to sell. List the ingredients, and make a budget, including gas to and from the supermarket. How much will this cost you, and how many things will you end up with? Set a price at which you must sell them to make at least $500 in profit after paying for gas and ingredients. If the price seems high, make adjustments or seek advice on forums such as Reddit. Make fliers specifying where and when the bake sale will take place and contribute 20% of the sales to charity to encourage more people to come for a good cause.

How long does it take to make $500 with a bake sale?

Don’t forget that you’ll need to get the items to the bake sale and have a visually appealing area to serve them, such as a collapsible table. Install a sign indicating how much of the proceeds will be donated to charity, as well as a link to your Facebook profile. After that, you can show documentation of your charitable gift to create trust. With a bake sale, you can easily make 500 dollars in a whopping afternoon.

12. Become a Driver

Drivers are in very high demand partly due to the current global situation and more people working from their homes. Neither will change in the foreseeable future, so it’s reasonable to earn money on the side as a driver.

Food delivery jobs such as Doordash, Instacart, Ubereats, Grubhub, and Postmates may pay between $20 and $25 per hour with tips. You could become a rideshare driver for Uber or Lyft and earn between $25 and $30 per hour, or you can drive for Amazon and earn between $20 and $30 per hour. It’s absolutely doable to make 500 dollars fast on the side.

How long does it take to make $500 as a driver?

With an average hourly wage and a 4-hour daily side work, it takes 6 days to make $500 as a delivery driver, 4 days as a rideshare driver, and 5-6 days as an Amazon driver.

13. Take Out a Quick Loan

If you desperately need money fast, there is always the option to take out a short-term loan or use a credit card. Although it’s hardly a good idea to finance everyday purchases with a loan because it’s very easy to get trapped in a loop of credits if you slip away once with paying back. However, with discipline, it can provide a short-term remedy.

You can find several loan providers who can lend you extra money, some of them in less than a week. Some of these are Upgrade, Upstart, Oportun, Personify, Lending Club, Light Stream, Lending Point.

How long does it take to make $500 taking out a quick loan?

Most of these short-term personal loans start around 1,000$, and your application can be approved in some places in 1-2 weeks, at others in mere days.

14. Enter a Poker Tournament

Probably this sounds the most ridiculous among all the odd ideas of making money. As strange as it may appear, several people have become multimillionaires by playing poker. This isn’t just a game of chance; the greatest players have a thorough understanding of game theory.

However, if you’re skilled at poker, it’s a good idea to enter a poker tournament to win cash prizes. Some of them do not require any initial financial investment.

How long does it take to make $500 with a poker tournament?

Check to see if there are any opportunities nearby. These tournaments can last a few weeks, but the prize pool can easily reach the tens of thousands instead of just 500 dollars.

15. Babysitting

Although babysitting is not exactly free cash, it can be a draining side job, and you must love children, get along with them quickly, be responsible, with a clean background and have some experience caring for them. But there are always desperate parents who need steady help for a few hours each week with the kids.

If you want to earn cash babysitting, you can join Urbansitter, Care.com, Sittercity, Helpr, Bambino, Nannylane, Au Pair in America, and EnannySource. You can also look for relevant Facebook groups in your area and post your advertisement there. Contacting local personal trainers and providing them with your name and phone number can be useful when moms are looking for someone to look after their children for a few hours while they train, and the same is true for hairdressers.

How long does it take to make $500 with babysitting?

The average hourly wage for babysitters is 20-25$. This way, you can make 500 dollars in 20 hours, and possibly in one week as a side job.

16. Petsitting and Dog Walking

If you adore animals, this is the one for you. You can easily get paid to pet sit for busy people, walk their dogs, feed their cats, and play with them.

If you want to make money fast as a pet sitter or dog walker, you can choose from the following apps and websites: PetBacker, Rover.com, WagWalking, PawShake, Care.com, DogBuddy, Bark.com, TrustedHouseSitters, Petsitter.com, Petsit.com, Dogsurf.

How long does it take to make $500 with petsitting and dog walking?

The average hourly wage is around 25-30$ for a pet sitter. If you want to make 500 dollars fast, you can do it in 4 days, with a 4-hour part-time job as a dog walker or pet sitter. The more sites you sign up for, the faster you will have clients.

17. Housesitting

Similar to petsitting, housesitting is a very much needed service. People travel and go on vacation all the time, and they want to make sure from time to time, someone takes a look at their houses or apartments, and make sure everything is fine, and they didn’t get robbed, didn’t have a house fire, or pipe burst.

IF you want to make money as a house sitter, take a look at these sites: TrustedHouseSitters.com, Care.com, Mindmyhouse, Housesitter.com, HousesittersAmerica.

How long does it take to make $500 with housesitting?

If you plan to make 500 dollars fast as a house sitter, with the average 40$/day fee, it can take you 12 days.

18. Sell Your Data and Connection

Selling your data and internet connection or your electronics computing capacity is obviously not a get rich quick scheme, but it can make you money. 500 dollars may seem like a lot to make this way, but you have a good chance of succeeding with the right circumstances.

If you have more computers or electronics, you should try some of the following apps and sites to sell your data and connection for a profit: Honeygain, DataCoup, SmartPanel, FusionCash, OceanProtocol, Datum, and Wibson.

How long does it take to make $500 selling your data and internet connection?

This method is most likely the slowest on our list. With all of these apps, it could take several slow months to make $500, even with a lot of data and a strong connection. But if that doesn’t bother you, these are truly passive ways to make money.

19. Teach Language Online

Tutoring is a profession, and some people aren’t very good at it. This aspect is something you must think about and decide for yourself. Despite this, teaching a language online is an excellent way to make extra income while also being your own boss and scheduling your time as you see fit.

You can advertise your teaching services to make money on several sites such as Upwork, Fiverr, Local online directories, Facebook groups, Italki, Preply, VerbalPlanet, Justlearn, MyLingoTrip.

How long does it take to make $500 teaching online?

As an online language teacher, you can make money fast and at a higher hourly rate. You can easily earn $40-$70 per hour if you can teach more than just English. At this rate, you can earn 500 dollars in just a few days by teaching ten lessons.

20. Rent Out Your Car

In desperate times renting out your car can be the most convenient way to make some quick money. It’s not a long-term solution but can help a lot for a few weeks to get ahead.

You have several options if you want to make money by lending your car. First, try craigslist, local classifieds, Facebook Marketplace. Then there are specialized apps and websites for renting out cars such as Turo, Zoomcar, Getaround, Share-Now.com, Hiyacar in the UK, Car Next Door in Australia.

How long does it take to make $500 renting out your car?

On average, you can charge for lending your car 30$/day. With this, you can make 500 dollars in 16 days by renting out one car of yours. Keep in mind to check with your insurance company the implications of renting out your car.

21. Sell Your Photos

Seeling your photos can be a great source of passive income as an amateur or professional photographer. You can sell or license them for a hefty fee on several sites. It’s easier to get recognized and make money off of them after building a solid portfolio first.

Some of the most popular sites to get paid for your photos are Printify, SmugMug, Adobe Stock, Shutterstock, Etsy.

How long does it take to make $500 selling photos?

How much money you make and how fast is entirely up to how many photos you can upload. The more you do, the more chances are, they will be seen and bought by someone. But with hundreds of photos to choose from, and more sites being used, you can easily make $500 even as an amateur but good photographer.

22. Rent Out Ebikes

Renting out bikes, especially in touristy areas, is an amazing way to earn passive income and to have some financial freedom for yourself. You don’t need a lot of things, and in the long run, you can pay someone to be there instead of doing it yourself to make money.

The more bikes you have, the more money you can make, especially for Ebikes. Some sites you can check to lend your bike for cash are Spinlister, ListnRide, BimBimBikes, Rentabikenow.

How long does it take to make $500 renting out ebikes?

The monthly rent of an electro bicycle is usually around $500, so it will take you approximately this time to make 500 dollars. But you can try to buy bikes for cheap and rent them out.

23. Sell Ice Cream or Hot Chocolate

This is not a plain and simple way to make 500 fast. But if you’re smart, you can make much more in a short time. First, find someone who has a food truck or ice-cream truck. Make a deal with them, if you can pay ahead for renting it, that great. If not, make a contract and give them % of the profits.

You can find trucks, possibly smaller ones in classifieds, or Marketplace. Now you have to negotiate a fair deal with the owner. During summer, you can buy ice cream and cones or cups in bulk and sell them for a nice profit in high-end neighborhoods. You can do the same with hot chocolate and tea in winter to make money.

How long does it take to make $500 with this?

Although it’s definitely not free money, and you have to work for every penny, but you can easily make $500 profit in a quiet afternoon with an ice cream truck or selling hot chocolate.

Conclusion

After going through some basic and some surprising ideas on how to make 500 dollars fast, you can still find more money tips on niche subreddits, such as r/beermoney, or r/slavelabour. Don’t be disheartened by the names. They have much solid advice on how to make extra money.

To avoid sticky situations where you run out of cash, try to focus on saving money and building a solid emergency fund for tough times. If you have a budget and enough money to get through downtimes, you can avoid bad decisions that can impact your credit score or financial future.

Updated: January 22, 2022

About the author: Alexander is the founder of daytradingz.com and has 20 years of experience in the financial markets. He aims to make trading and investing easy to understand for everybody, and has been quoted on Benzinga, Business Insider and GOBankingRates.