Who couldn’t use an extra $500 right now?
Imagine if $500 was just sitting in your bank account 7 days from now.
That would be pretty cool right? (That is like 50 Chipotle burritos!)
Below you will find a quick list of 21 different ways to make $500 fast (With a few that have a longer ROI) so that you can use the money for whatever you may want!
But first you need to figure out what an extra $500 does for you?
Why I recently needed to make $500 fast:
- Why I recently needed to make $500 fast:
- How to make $500 fast!
- Make $500 Quickly By Selling Stuff
- Side Gigs & Odd Jobs to Make $500
- Just Ask for $500
- Longer ROI Ways to Make $500
- Use Passive Income to make $500 per Week:
- # 21 – Be Creative to Make $500 Fast.
I swear when it rains, it pours. You can’t even make this kind of stuff up… but it is kind of funny.
A few weeks ago I wrote about how my dog got into cocoa powder and ate enough chocolate to take out 15 small dogs. Long story short the vet bill was $4,300 (Thank God we created an emergency fund in 2020).
I share this because I had to take off a day from work to give her medicine and make sure she didn’t use the bathroom all over the house.
The two of us decided to take an adventure in my car and when I got back I was in a hurry and forgot to do two things:
- Pull my car’s emergency brake
- Leave my car in 1st gear.
About 10 minutes later a lady knocked on my door and asked if the red car entrenched in the side of my neighbors Mercedes Benz was mine…. My car rolled into my neighbors who happened to be visiting another country.
I share this quick personal story because not only did Morgan cost me a fortune – I now needed $500 fast to pay for my $500 insurance deductible. So here is what I did – I built a website for $500 (which is a really good rate).
So here is complete list of 22 ways to make $500 really fast that doesn’t consist of filling out 657 surveys per month.
How to make $500 fast!
Make $500 Quickly By Selling Stuff
One of the quickest way’s to make $500 is to sell something. Here are 5 ways to sell stuff online!
Go through your garage, closet and house and take anything you have not used or worn in the last 6-12 months. Put it all in a pile, take a bunch of photos, and post it on Craigslist.
While the process of selling stuff might take a little more time and it really boils down to what you have to even sell – simply selling some old skis, a few DVD’s and a wedding dress can help you quickly make $500.
2. Offer Up
Similar to Craigslist but really simple to use, Offer Up is an app where you can buy and sell things (it is where I found my Apple Watch). Between Offer Up and Craiglist, my wife and I sold over $250 worth of wedding decorations – some which I even made.
You can make $500 pretty quickly selling stuff on e-commerce megacity Amazon with very little experience. From fulfilling orders to selling some of your used stuff, selling on Amazon is actually a good skill to acquire.
“Flipping” items such as discount items you find at Walmart, Walgreens, or clothing stores like Tj Maxx, is also a quick way to make money selling on Amazon.
4. Facebook Sales Page
You don’t have to be an Amazon sales wizard or deal with people through Craigslist if you don’t want to. Instead, to make $500 simply create a Facebook Sales Page. The pros to selling on Facebook include:
- Communicate with customers on Facebook
- Unlimited amount of products to sell/promote
- Easy to organize products and collections
- Simple to expand customer base & target with Facebook Ad policies
- Very simple to use and manage
If you make jewelry, crafts, or something worth selling – use the Etsy platform to sell it.
Not only can you make $500 pretty quickly, you can also make $500 routinely on Etsy as you grow your following and product line.
Pros to Etsy:
- Can setup your own business
- Can monetize a hobby such as woodworking and crafts
- Focuses on handmade items
- Customizable personal site
Cons to Etsy:
- Popularity has led to over-saturation of similar products
- Sites are customizable but limited
Side Gigs & Odd Jobs to Make $500
If selling things isn’t up your ally, or maybe you sold everything you could, here are some side gigs and odd jobs that can help you quickly make $500.
6. Home Services
There are a plethora of home services people can provide to others to make money.
Let’s face it – there are some things we all love to do, but chores and housework typically isn’t one of them. However, you can make some money by offering some home services to others if you have skills in those areas.
A list of home services ideas to quickly make $500 include:
- Fitness background? Cook or meal prep for other people
- Creating Pallet Walls (Something I am personally doing at my house)
- Wiring speakers & helping with electronics
- Putting together grills or furniture for people
- Painting the interior of a home
While landscaping falls in the realm of home services it is worth elaborating on its own. I can add a personal testimony because this is my go-to after working in landscaping for over 10 years of my life.
After looking at a few of my neighbor’s yards and realizing they lacked the time to mow their lawn, I simply asked them if they wanted me to cut it for $20.
Before I knew it I was making $40 a week every time I cut my own grass. By the end of the summer I had easily made over $500. Mowing grass is a little slower to earning $500, but a quicker way is to do landscaping.
Large landscape companies charge a pretty penny to do landscaping. If you have a green thumb, you can easily charge $500+ to do a spring landscaping package that includes:
- Clean out beds
- Trim bushes and shrubs
- Mulch with dyed mulch (lasts longer)
Your biggest marketing tool – “Don’t waste your weekend landscaping, let me do it for you.”
8. Dog Walking
Sort of like Uber but for dogs, Rover.com lets people find dog walkers and caretakers in their area for their animals. If you like dogs and want to walk a few, consider becoming a dog walker with Rover.
You can check in on pets, walk them or even watch them. The flexibility is nice and people who use Rover can easily make $1,000 a month. Some make $3,000+ if they treat it as a full-time job.
9. Door Painting
Similar to landscaping, door painting can be wrapped into home services, but it stands alone for this reason:
From time to time homeowner associations will hit an entire neighborhood with property inspection notices.
When this happens typically front doors that have faded are an easy target to spot for the HOA inspectors (I know this because it has happened to me).
When I contacted my HOA to figure out what paint to use they gave me a pallet of paint to choose from. I went ahead and spoke to my neighbors and let them know I would paint their door for $100.
While it requires a little skill and timing, I walked away that spring making over $1,000 just being thrifty and cashing in on an opportunity.
10. Clean Something
If you enjoy cleaning or like cars, cleaning houses, power washing decks, or detailing cars is a quick way to easily make $500.
Do a full car detail and you can make $150. The going rate for a home cleaning is upwards of $150 and to power wash, a deck can cost well over $750.
11. Pet Sitting
On Twitter, a reader posted they made $500 in one weekend watching pets. She stated she hit the mothership:
“I had to watch 3 dogs and 2 cats for an entire weekend.”
But had the owner boarded their pets it would have been more – so it was a win-win scenario for both parties. You can offer pet sitting and pet stay services on your own to keep all the money, or use Rover or a company like Wag.
12. Tutor & Freelance
If you’re proficient in the English language you can sign up to be a tutor with Vipkid and teach foreign students the English language and make $14-22 per hour.
5 hours a day, 5 days a week at $20 per our =$500!
Or if you have some special freelance talents like web design, graphic design, photo-editing, video editing and more go to websites like:
Just Ask for $500
In life, don’t be afraid to ask for help. Not saying you should get in the habit of this, but if you need $500 for a new set of tires, sometimes asking and getting creative is one way to go!
12. Ask a Friend or Family Member
Not to come across as abrasive, but depending on how bad you need $500, just simply ask a family member. Hands down this might be the quickest way to make $500 if you have a well off uncle :).
Just make sure you pay them back.
13. Go to Unclaimed.org
Check out unclaimed.org to see if you have money that is sitting around unclaimed (I didn’t).
While there is a small chance you do have money unclaimed somewhere within a state, you can also check on deceased relatives – just saying.
14. Call credit card companies
Call up your credit card company and do this:
- Hi, I would like to talk about my interest charges over the last 90 days.
- Yes, I was wondering if I could have those interest charges removed from my credit card… I was inquiring with some other companies and they said that I could open up a card. with them…
- Say no more!
Credit card companies want to keep your business! Chances are they will return interest charges, and this can rack up quickly, I was able to get $70 back recently on a card I forgot to pay!
Longer ROI Ways to Make $500
Make cuts on your monthly spending and you can quickly have $500 freed up in your budget. For a full list of 102 personal finance tips that helps with cutting back.
Aside from food and entertainment, here are a few to consider that can quickly add up to $500:
Just re-working and bundling your insurance (Home, auto, umbrella, renters, etc) can save you money each month. Find a way to save $40 a month on insurance and now you have $480 at the end of the year!
16. Cell Phone
Do this: Call your cell phone provider. Tell them you are considering going to another company unless you can get some sort of 20% discount or ask for a current promotion.
If that doesn’t work check with your work and see what discounts they offer or see about getting on a family plan. Saving $50-$100 per month can quickly add up.
17. Cut the Gym Membership
Just cutting the $75 gym membership is an extra $900 per year. While this isn’t necessarily a fast way to make $500, combined with a few other cuts and you can quickly accumulate $500 extra each month.
Use Passive Income to make $500 per Week:
These last few tips are long term solutions that will take more time to develop, but can potentially set you up to make $500 per week for a long time!
Sometimes walking dogs and painting doors can become a bit cumbersome, in that case it is worth setting up a long term, passive income stream. Note: Time and effort can vary!
You can start a blog with Bluehost in about 15 minutes. I made $5,300 my first full year of blogging.
It will take time to create a readership and content, but there are plenty of ways to expedite the process so you can make $500 in a matter of months.
19. Drop Ship Products
Using Amazon and landing pages, you can create or sell a product and make $500 per week in a matter of months. Just like #20 below, this requires some background knowledge and up front investment.
So in the meantime, maybe start with dog walking and read up a little more on this one.
20. Rent/Own Real Estate
While ways to make $500 can vary from simple to more complex, real estate might be one of the quickest ways to make $500 and keep making $500 every month once everything is all setup.
Surely this requires research and some foundational knowledge, but investing in real estate and being a landlord isn’t reserve for just a few people.
Check out the Bigger Pockets Podcast and if you can figure out how to buy a $100,000 condo and rent it for $1,000 per month – you just figured out how to make roughly $500 per month without having to fill out 700 surveys.
# 21 – Be Creative to Make $500 Fast.
I read about a person who did this to free up money in their monthly budget (aka make money):
They owed less than $3,000 on their car that had a monthly payment of about $400. Using cash withdraw option from a new credit card that offered an interest-free promotion for up to 18 months, they took out $3,000 and paid their car off.
Now obviously this is a very specific case and is semi-risky (And this person will have to pay back the cash amount), but what they did was they knocked their payment down from $400 to $166 a month by extending their loan terms 18 months on a credit card. They also locked in a 0% interest rate for 18 months, so as long as they pay the balance off in 18 months they just freed up over $200 per month and won’t pay a dollar in interest.
This is 100% creative.
Being creative is one of the simplest ways to making $500 fast, but also making $100, $200 or even $1,000 really fast. When my car hit another car and my back was against the wall – I figured it out really quickly.
Figure out what skills or services you can offer and don’t be afraid to just offer them to someone. The worst thing that can happen is you won’t make the extra $500 that moment, but just stay steady.
Tip to finding out your skill to offer: Take out a piece of paper and write down interests, hobbies, and things you are good at. What can you monetize?
In the meantime, here is to making $500 fast so you can pay off your insurance deductible… or maybe just buy 50 Chipotle burritos for your friends.