Making money is hard. We all know that. But what if I said there are ways to make $500 fast without much work? Are you interested? In this article, we will discuss 19 ways to make quick cash, specifically $500 fast.
Some of these methods are easier than others, but they all have the potential to help you earn some extra money in a hurry!
So read on and see which ones work best for you!
Ways to make $500 fast.
You may have got into a bit of a financial pickle which is why you need $500 fast, but that’s okay, don’t worry; we have all been there. I will guide you through how you can make that $500 you need quickly by looking at some of the methods below and choosing the one which suits you the best.
1. Sell stuff.
Okay, let’s start with the easy one: time to clean out that closet and get rid of all the clothes you never wear, shoes that are too uncomfortable, and jewelry that doesn’t suit you.
This is a top way to earn some extra money because not only will you be making space in your home, but you will also be able to help someone else by selling them items they will love at a fraction of the retail price.
You can also look at selling higher-priced items such as golf clubs, musical instruments, or furniture.
To get the most amount of money for your items, try selling them online through eBay or Facebook Marketplace. You can save money by selling on eBay on $1 listing days. You can also have a yard or garage sale to make easy money or take your items to a consignment store.
This is an easy way to make $500 fast, so get searching the house for things you no longer use, be ruthless; if you haven’t used it in the past three months, you probably don’t need it anymore, so sell it.
2. Rent space out you don’t use.
If you have a spare room you don’t use, a parking space, storage space, or any other unused space, then this is a sound way to make extra money.
You can easily make an extra $500 or more per month by renting out your space. Take the payment upfront, so you have $500 quickly, then take the subsequent payments every month.
There are platforms such as Airbnb where you can rent out your room or entire home to travelers, or if you have a parking spot in a prime location, you can list it on sites like JustPark or Neighbor.
You need to open a new account; once all your direct debits have been transferred, you can close your old account; some banks will give you a bonus for doing this, which can be up to $250.
You will need to start a direct deposit into the bank account from your employer each month to qualify for the bonus.
If you and your partner do this, you have $500 pretty quickly, or you could do it with a couple of your own accounts. Just check how many direct debits need to be set up on the account before you qualify for the bonuses.
It is essential to check the terms and conditions of the offers as sometimes there are minimum periods for which you need to keep money sitting in the account, but otherwise, this is a good way to make extra income with signup bonuses.
4. Embrace a side hustle.
Side hustles give you a chance to earn some great money alongside your full-time job. Depending on which side hustle you choose, you could even start making passive income from it.
Passive income is where you do work upfront and then are paid regardless of if you do any more work in the future. You keep getting paid over and over for work you have done in the past.
So how can you make $500 fast from a side hustle? Well, there are many ways, but it will very much depend on your skills and interests. I have written another article on side hustle ideas you can check out to give you some ideas on starting your own business to go towards your monthly bills.
5. Open an Albert banking account.
If you are a resident of the USA, you could open an Albert banking account and receive a $25 signup bonus after completing five qualifying transactions within 30 days of opening your account.
Plus, if you continue to use your account and meet specific activity requirements, you can earn up to an additional $45 in Cash Rewards each month.
To qualify for the $25 signup bonus, open an Albert Savings Account and deposit at least $25. Then, within 30 days, perform five qualifying transactions. If you and your spouse do this, you can double the rewards for your household. You can also advance your self your payday early by up to $250.
So between the cash bonuses and payday advance, you can get your hands on $500 very quickly.
6. Use Doordash or Instacart.
You can earn an additional $500 by becoming an Instacart shopper if you are 18 or older, and it’s a good way to make some extra money to deliver groceries.
Earning money with instacart is as easy as signing up for the app, turning it on, and accepting orders. You will then be responsible for preparing an Instacart customer grocery order submitted through the app.
The prerequisites are that you are 18 or older and can lift 30 pounds; if you can, you sign up for the app and could get going within ten days. Instacart will run a background check on all of its members, so it takes a bit of time.
How much you will earn depends on how many deliveries you do, but you can make $500 pretty quickly during peak times.
7. Use Lyft.
Lyft currently has a new driver signup bonus of $2000! For signing up and making 170 drives in the first 30 days, this is how to make $500 fast with $1500 to spare. You will also get paid for your drives, so you can earn good money driving people around with Lyft.
Lyft is a good method of making some extra cash on the side. You need a driver’s license and an insured vehicle, and you can start making pick ups once you have been through the sign up process on Lyft. You’ll earn more during peak hours, but it is possible to make $500 in a week.
8. Use Swagbucks.
Swagbucks will pay you for online activities such as searching the web and watching videos, or taking surveys in your free time. You can also earn bonus points by shopping online through their online portal. These points can be redeemed for gift cards orPayPal cash.
It’s not a full-time job, but most people who use Swagbucks in their spare time can make anything from a couple hundred to a couple of thousand dollars extra a year.
The offers vary, but some offers can pay as high as $50 to $250; there are also hundreds of people who use Swagbucks who have reached a member level of Diamond Status which means they have earned over $20,000 using Swagbucks and anyone who gets this level qualifies for a one-off $250 bonus, so its certainly worth checking out if you want to earn an extra $500.
9. Use Survey Junkie.
This is one of the highest-paying survey sites and will pay you up to $3 per survey. If you’re searching for a way to make some extra money, survey junkie might be a great option.
Get paid $50 just for downloading the Neilsen app and keeping it on your phone; they pay you this every year you keep it on your phone. There is also a chance to win $10,000 monthly for people who have their app installed.
You use your phone as you usually would, and you earn rewards while doing so. By participating in Nielsen’s research, you will be helping to improve online services.
12. Sign up for Trim.
TRIM is an excellent option if you’re looking for an easy way to make an extra $500.
TRIM is a money-saving app to help you get your finances in order. It’s really simple to use and can save you money on cable bills, phone plans, and even groceries.
TRIM also offers cash-back rewards for things like shopping online and taking surveys. So if you’re searching for a way to make extra money, TRIM is worth checking out.
TRIM will help you find ways to cancel unused subscriptions and save on energy bills. The app tracks your spending and looks for ways to reduce your bills for you; not only that, it negotiates lower prices for you and cancels subscriptions you don’t use, so you don’t have to do anything.
Average savings are $620 a year, and it is free to sign up.
13. Teach kids English.
VIPKID is an online platform that connects teachers with students worldwide. Teachers are paid $18-22 per hour, and there are also opportunities for bonuses and incentives. Most of the work is in teaching kids in China, so you will need to work early mornings due to the time difference. Teaching kids English with VIPKID is a great way to make $500 quickly.
VIPKID is perfect for people who want to work from home. You can earn $500 by working 25 hours based on an average pay of $20; all you need to be considered to start making money on the site is a bachelor’s degree in any subject. Then all you need is a computer and an internet connection, and you can begin teaching immediately.
14. Rent out your car or van.
If you have a car or van that you’re not using, you could rent it out through Turo or Getaround and make some extra money. These sites allow you to rent out your car or van to people in your area, and you can choose the price that you want to charge.
You can easily make $500 by renting out your car or van because these two websites make it so easy to find renters. Turo and Getaround offer insurance coverage for their renters, so you don’t have to worry about anything going wrong.
If you’re searching for a great way to make extra cash, renting out your car or van through these sites is a top option.
15. Ask for a pay rise.
This could turn into big money depending on how nice your boss is. If you think you deserve more money and have unique skills, you could ask your boss for a pay raise.
Go in with all the information prepared on why you should get a pay rise and make sure these are genuine reasons, something like you learned an extra skill to contribute more to the business and have not been paid for this. Or that you constantly do something at your place of work that adds value but for which you are not being compensated.
This is the easiest way you can earn extra money, and you may get a few thousand dollars in an additional pay rise.
Although you won’t see this immediately, it should land in your next pay packet and could be more than $500.
Suppose you have a digital skill; you could earn more money by offering your services on a site like Fiverr. You can offer hundreds of services to people worldwide and start making money in just a few hours.
If you have any skills that others would be willing to pay for, this could be perfect for you, whether that’s graphic design work, social media marketing, copywriting, or data entry. There are many options for finding more clients, which you can serve to make a quick $500.
17. Work more hours.
Simple, but one of the most effective ways to earn faster is to work more hours if you get paid overtime. Overtime rates are usually higher than your regular rate, so you can make an additional few hundred dollars each month by putting in some overtime.
You can also look into starting your own business if you have a skill or talent that you can offer others.
18. Open a crypto account.
If you’re searching for a way to make some extra money, opening a Kucoin account could be a great option. Kucoin is a cryptocurrency exchange that offers bonuses of up to $500 in USDC currency when you open an account. If you open a Kucoin account, you can get a reward of up to $500 in USDC cryptocurrency.
Plus, there are many other benefits to using Kucoin, including low fees and a wide variety of currencies available for trading. So if you’re searching for a way to get into the crypto market, opening a Kucoin account could be the perfect option, and that sign up bonus gets you the $500 quickly.
19. Last resort option.
A last resort option for getting $500 fast is using a loan app such as Zippy.
The zippy loan is a mobile app that allows you to borrow money quickly and easily, with no hidden fees or interest rates.
So if you’re searching for a quick way to get your hands on some extra cash, a zippy loan could be the right solution.
If you find yourself in financial difficulty, then use these tips to make $500 fast; when you have dealt with this situation, you must plan for the future by having an emergency fund to hand, try to do what you can over the coming months to save up six months expenses into an emergency high yield savings account.
This can make all the difference in times of need. You can use some of the methods in this article to help you raise this money quickly. But having an emergency fund will help you deal with financial difficulties in the future and stop you from having to quickly find money quickly or rely on credit cards or loans to bail you out, so start saving today!
So there you have it, 19 ways to make $500 fast, some may suit you better than others, but hopefully, there is at least one method in here that you can use to make the money you need quickly.
Be persistent and remember this is not going to be a get-rich-quick scheme, but if you focus on one method and stick with it, you will have that $500 in your pocket.
Lee, now the author of Learn Life Money, has started businesses in various industries such as E-commerce to social media marketing. He is an award-winning entrepreneur having received awards from Dragons Den Theo Paphitis, and winning awards for the fastest-growing social media marketing agency in 2019, You can read his full story here. Lee helps people to start and scale their businesses using their knowledge and experience. He has a passion is to help others achieve the success he has achieved and wants to help people pave their path to financial freedom from making the right decisions with money to starting their own businesses.