Tuesday, 4 October 2022

How To Make Money on OnlyFans (Options in 2022)

OnlyFans is a social media platform that allows content creators to connect with their fans by sharing exclusive content. Many people use OnlyFans to share...Read More

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Gold IRA vs. Physical Gold: Which is best?

Did you know that gold is the only yellow (golden) metal worldwide? Did you also know that it’s one of the densest metals? Whether you...Read More

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Monday, 3 October 2022

18 Best Sign-Up Bonus Apps for 2022

The post 18 Best Sign-Up Bonus Apps for 2022 appeared first on Millennial Money.

Making money doesn’t only mean working your 9 to 5 job. Today you can make money by signing up for apps that either help you manage your personal finances or help you make more money.

The apps on our list have great signup bonuses but also help you make the most of your earnings through saving, investing, or earning more money with get-paid-to apps.

Choose a diverse selection of apps to make the most of your signup bonuses and increase your earnings for the best results.

skip down to see all the best sign-up bonus apps

18 Best Sign-Up Bonus Apps

  1. Swagbucks
  2. MyPoints
  3. InboxDollars
  4. Branded Surveys
  5. Albert
  6. Revolut
  7. SoFi
  8. Capital One Shopping
  9. Rakuten
  10. Ibotta
  11. Shopkick
  12. Fetch Rewards
  13. Tada
  14. Axos
  15. TradeStation
  16. Acorns
  17. Robinhood
  18. Fundrise

Survey Sign-Up Bonus Apps

Survey apps are a great way to make money on the side with sign-up bonus apps. You can answer surveys waiting in the doctor’s office, at your child’s soccer practice, or while sitting in front of the TV. Most survey apps pay a couple of dollars per survey, but they take only a few minutes, and the earnings can add up.

1. Swagbucks

💰 $20 Sign-Up Bonus App

Swagbucks is a get-paid-to app that pays members for micro-tasks, such as answering surveys, watching videos, and playing games. It also pays members cash-back for shopping online.

You can redeem your earnings for gift cards to your favorite stores or a PayPal deposit. In addition, as a new member, you can earn a $20 welcome bonus after you spend $25 in the Swagbucks app shopping online.

2. MyPoints

💰 $10 Sign-Up Bonus App

MyPoints is a get-paid-to-app that pays you to shop, answer surveys, and do other micro-tasks. They pay as much as 40% back on your purchases, and when you sign up, you can earn a $10 signup bonus after spending $20 on the app.

MyPoints has a $25 cash-out minimum if you choose a PayPal payout. But you can cash-out with as little as $3 in earnings if you choose a gift card.

MyPoints is another great app that pays you for a variety of tasks. You’ll make the most money shopping online but can supplement your earnings by watching videos, playing games, and answering surveys.

3. InboxDollars

💰 $5 Sign-Up Bonus App

InboxDollars started as a get-paid-to app that paid members to read emails. Today they offer many more ways to earn cash, including reading emails, watching videos, shopping, playing games, and accepting offers.

When you sign up as a new member, you can earn a $5 signup bonus. InboxDollars has a $30 threshold to cash-out, but the $5 signup bonus gives you a head start. The nice thing is, InboxDollars pays in real cash, not points, so you don’t have to wonder how much you’ve earned.

4. Branded Surveys

💰 $1 Sign-Up Bonus App

Branded Surveys is an app that pays members points for their opinions. You can redeem the points for gift cards to your favorite stores. Branded Surveys is transparent upfront with how many points you’ll earn for each survey, and they offer many opportunities each day.

You can cash out once you reach 500 points, but they’ll reward you with 100 points just for signing up and taking your first survey.

Banking Sign-Up Bonus Apps

Banking apps make spending and saving money much easier. Traditional banks might seem like the norm, but online banks and banking apps offer many more benefits, including sign-on bonuses. Because most banking app companies don’t have a physical location, they have much lower overhead. This allows them to offer lower fees, higher APYs, and lucrative signup bonuses.

5. Albert

💰 $150 Sign-Up Bonus App

With Albert, you can open a new cash account, set up a direct deposit, and use your account’s card to make daily purchases. This online banking app offers a $150 sign-up bonus when you sign up.

With an Albert Cash Account, you can also earn up to $1,500 in referral bonus money when you refer your friends and family!

6. Revolut

💰 $10 Sign-Up Bonus App

Since its launch in 2015, Revolut has been offering users all the tools they need to manage, spend, borrow and invest their money in an easy-to-use app.

Users can choose between the free standard plan, the Premium $9.99 per month plan, and the Metal plan for $16.99 per month. Upon getting started, Revolut offers a $10 sign-up bonus.

7. SoFi

💰 $50 – $300 Sign-Up Bonus App

SoFi Money is an online cash management app. You can earn interest on your balances and cash-back rewards when you spend money. If you also set up a direct deposit, you can earn up to a $300 bonus. The amount you earn depends on the amount of your direct deposit but will be between $50 to $300.

  • Earn $50: Deposit $1,000 – $1,999
  • Earn $100: Deposit $2,000 – $4,999
  • Earn $300: Deposit $5,000+

You also get access to your direct deposit funds up to two days early. SoFi Money doesn’t charge any account fees, and they pay a 2.00% APY which is much higher than most banks. You can set up round-ups to save money automatically and create savings goals. You can monitor your progress in the dashboard 24/7 to see how close you are to your goals.

To earn your bonus, you must set up a direct deposit, wait for it to hit, and then you’ll receive your bonus.

Shopping Reward Sign-Up Bonus Apps

Getting paid to shop is one of the best ways to earn passive income. These shopping and cash-back apps make it easy to earn money on everything from grocery shopping to holiday shopping and everything in between.

Some apps require you to activate offers before you shop, and others offer mindless ways to earn money by uploading your receipt after you shop. Most cash-back apps have a signup bonus to lure in more customers. Here are the best cash-back apps with sign-on bonuses.

8. Capital One Shopping

💰 $10 Sign-Up Bonus App

Capital One Shopping helps you score better deals on the internet. While you won’t earn cash-back, the app does help you learn where to buy products for a lower price. It also applies promo codes available at the time of purchase when you check out.

Capital One Shopping offers a $10 signup bonus, but you must make purchases of at least $25 in the first 90 days to qualify.

Disclaimer: Capital One Shopping compensates us when you sign up for Capital One Shopping using the links we provide.

9. Rakuten

💰 $10 Sign-Up Bonus App

Rakuten is one of the top cash-back apps. They work with 3,500+ retailers and pay back as much as 30% on your purchases.

You must shop online through your Rakuten app or dashboard to earn the cash-back, or you can download the extension to ensure you never miss a cash-back opportunity.

Rakuten cashes out your earnings each quarter, sending you a check in the mail or depositing your funds in your PayPal account. You’ll also find generous promo codes on Rakuten that you can use in addition to the cash-back options to double your earnings.

All new members will earn a $10 welcome bonus just for opening a new account. You’ll receive the bonus in your first quarterly payment.

10. Ibotta

💰 $5 Sign-Up Bonus App

Ibotta pays you for shopping in-store and online. You can earn cash-back in-store for shopping at your favorite big box stores, like Target and Walmart. Simply activate your offers before heading to the store.

Download the Ibotta extension and select offers that match what you’re buying online. Always activate your offers before you shop, and you’ll earn cash-back that you can withdraw directly to your PayPal account.

Ibotta pays as much as 30% cash-back at top retailers, and as a bonus, you can earn $5 for signing up after you spend $15. However, the offer is only valid to customers who have never had an Ibotta account, and it doesn’t work on grocery purchases.

11. Shopkick

💰 $5 Sign-Up Bonus App

Shopkick makes it easy to earn money to shop. Sometimes, though, you don’t even have to make a purchase. Instead, they may pay you ‘kicks’ or points for walking into a store and scanning a barcode or uploading a specific picture.

Companies pay members to do this to check up on stores to see how they’re showing their products. Sometimes they need specific pricing information or a picture of the product’s location. They’ll tell you what specifics you must meet to get the points.

You can also earn money shopping online through the Shopkick dashboard at your favorite stores, watching videos, or browsing content on the app. It’s a great get-paid-to app that provides many ways to earn money.

If you want to try Shopkick, they’ll pay a $5 signup bonus, so you can try it out and see how fun it can be to earn ‘kicks’ which you can convert to cash or gift cards to your favorite stores.

12. Fetch Rewards

💰 $5 Sign-Up Bonus App

Fetch Rewards is one of the easiest cash-back apps to use. You don’t have to activate offers or buy anything specific. Instead, you can upload receipts from anywhere you go, whether a store or restaurant and receive points for it.

They offer bonus points if you purchase specific items, but you don’t have to activate the offer before shopping. Instead, you’ll automatically be rewarded for any applicable purchases when you upload your receipt.

When you sign up, you can earn 5,000 bonus points which is equal to a $5 gift card when you redeem your points. You’ll earn a minimum of 25 points per receipt uploaded but may earn more if you purchase any of the products specified.

13. Tada

💰 $20 Sign-Up Bonus App

Tada is another cash-back app that pays you to upload receipts. You must create a list first, which is like activating offers. Then, after you purchase the items and upload your receipt, you’ll get credited for your purchase.

Tada pays new members up to $20 in signup bonuses, which you can earn in several ways.

  • Link your account at any partner store and click ‘scan account’ in the app so Tada can verify the account and reward you with $5
  • Add any item to your shopping list, and upload or scan the receipt with the qualifying item to earn a $3 bonus.
  • Add another qualifying item to your shopping list, purchase it, and upload the receipt to receive another $2 bonus.
  • Shop through the Tada app at any linked online stores and earn a $10 bonus.

Investing Sign-Up Bonus Apps

Investing apps are making saving and investing money much easier. These apps provide 24/7 access to your accounts, allow you to manage your funds, and reach your financial goals. Because most investing app companies don’t have a physical location, they have much lower overhead. This allows them to offer lower fees, higher APYs, and lucrative signup bonuses.

14. Axos

💰 $150 Sign-Up Bonus App

Axos recently added investing to its list of services, including self-directed investments and a managed portfolio.

In just 10 minutes, you can set up your investment portfolio, paying $0 commissions on self-trades or 0.24% of assets under management in a managed portfolio. So whether you have investing experience and want to DIY your portfolio or prefer an expert platform with a great 7-year track record, you can invest your way with Axos.

If you fund your account with at least $1,000 within 90 days of signing up and keep your balance over $1,000 for 90 days, you’ll earn a $150 signup bonus.

The good news is market downturns don’t affect your eligibility for the sign-on bonus – only the money you contributed matters.

15. TradeStation

💰 $150 Sign-Up Bonus App

TradeStation pays new users up to a $150 bonus for investing at least $500 within 45 days of opening the account. You must keep the funds in your account through the month following the deposit. After that, you’ll receive your bonus in two-month increments.

If you leave the $500 in your account for two months, you’ll receive the entire $150 bonus.

Investors can trade almost any asset on TradeStation, and they have zero commissions for stocks, options, and futures; however, other trading fees may apply.

16. Acorns

💰 $10 Sign-Up Bonus App

If you’ve held off from investing because you don’t have enough money, try Acorns, the micro-investing app. You can invest your spare change by rounding up each purchase to the nearest dollar.

Acorns sweep the ‘spare change’ into an investment account, and once you have $5, they invest it. You can also set up automatic daily, weekly, or monthly contributions to further your investments even more.

There’s no minimum amount you must invest, and you’ll get $10 for free after you make your first $5 investment. Acorns offer a great way to start investing even when you don’t think you have enough money. The round-ups are automatic and mindless, making it easy to start investing.

17. Robinhood

💰 $5 – $20 Sign-Up Bonus App

Robinhood is one of the inaugural commission-free trading apps, and they’ll give you a free stock worth $5 to $20 just for signing up. You can trade stocks and ETFs on the platform, including fractional shares.

To earn the bonus, you must sign up for an account, link your bank account, and get approved. Once approved, you can choose a stock from their list of 18 companies. Most investors receive between $5 to $10, but you can use the funds to buy a fractional share of one of America’s top companies.

You must keep your gift stock for at least three trading days. After that, you sell the stock and use the funds however you want, including investing in other stocks through your Robinhood account.

However, if you want to cash-out, you must keep the gift money in your Robinhood account (not invested) for 30 days. After the 30-day window, you can withdraw the funds. Keep in mind that you’ll also incur tax liabilities if you cash-out the bonus, withdrawing the funds.

18. Fundrise

💰 $10 Sign-Up Bonus App

Fundrise makes real estate investing possible for anyone with its low minimum investment requirements. This crowdfunding platform allows everyday investors to become commercial real estate investors.

Their starter plan requires a $10 investment, which means almost anyone can become a real estate investor. They have other plans with higher minimum investment requirements ranging from $1,000 to $100,000, but you can earn the signup bonus with just $10.

You earn prorated returns based on how much you invested. It can be a great way to get your feet wet with real estate investing without risking too much.

Fundrise pools money from investors together to invest in commercial real estate – something that’s typically out of reach for the average investor. You can invest in equity or debt investments with various portfolios for different risk tolerances.

Depending on your investment, you might earn monthly dividends from rental income or interest earned, plus capital gains when the real estate company liquidates the asset.

Your $10 bonus is in the Fundrise Real Estate Interval Fund shares, their flagship investment product.

Frequently Asked Questions

Finding the best sign-up bonus apps can increase your earnings much faster. However, many people have questions about how it works or how to get cash instantly. Keep reading to learn the answers to the most frequently asked questions I receive on this topic.

Which is the best sign-up bonus app?

The best sign-up bonus apps for you are the ones you’ll use. Most signup bonuses require you to complete a task or meet a specific threshold. For example, if a banking app pays a $100 bonus if you deposit $2,000 and leave it for three months, but you can’t meet those requirements, you won’t earn the bonus. Look for apps that have signup bonus requirements you can meet.

Other apps, like get-paid-to apps, pay signup bonuses when you complete certain tasks, or just for signing up sometimes. Read the fine print to determine what you must do to earn the bonus and how long it will take before you can cash out.

What apps make you the most money?

To earn the most money, focus on cash-back and survey apps. The get-paid-to apps pay you, but the tasks are usually minimal, as is the pay. So focus on apps like Rakuten, Swagbucks, and any investing app. The key is to take advantage of as many signup bonuses as possible while maximizing your earnings on the apps.

What app has the biggest signup bonus?

If you’re willing to take a risk and invest money, TradeStation pays the highest signup bonus of $150. But, if investing isn’t for you, Axos offers a great signup bonus, but you must deposit at least $1,000 in your account and leave it untouched for at least 90 days.

What apps pay you cash instantly?

Most apps don’t pay you instantly. Instead, you have to do the work and then wait until you reach the payout threshold. Some apps, like MyPoints, don’t have a minimum cash-out threshold if you redeem your points for gift cards. Most apps, however, require you to have a $10 to $30 balance before you can request cash.

What Prepaid Cards give you money for signing up?

Most prepaid cards have a referral bonus, which means you get paid if you refer someone using your link. For example, the Brinks Prepaid Mastercard pays you a $20 bonus when your referrals sign up and spend at least $40 using the card. The PayPal Prepaid Mastercard also pays a referral bonus of $20 and is accepted anywhere Mastercard is accepted.

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October 03, 2022 at 11:12PM

Saturday, 1 October 2022

What is DALL-E: Turning Text Into Images in 2022

The concept of speaking something into existence is frowned upon with a ton of skepticism in certain circles. We often write things as “wishful thinking”...Read More

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How to Make $1500 Fast

The post How to Make $1500 Fast appeared first on Millennial Money.

Whether you have an unexpected bill to pay or simply want to increase your income, you aren’t alone if you want to learn how to make $1500 fast. Life happens, and if you know how to make 1500 dollars fast, you can get out of most common emergencies and avoid unnecessary loans or paying bills late.

In fact, learning how to make 1500 fast can be fun! There are many tasks out there that pay you money, and you don’t need much to do them. Think about things you love to do, like taking pictures, providing your opinion, shopping, investing, or driving, and there’s likely a way to make money.

Realistically, you aren’t going to make $1500 overnight. However, if you diversify your efforts, using as many of the ways I share below as possible, you can reach your goals and make money quickly. Use a handful of these methods and you could have the 1500 cash in your hands faster than you think.

Best Ways to Make 1500 Dollars Fast

Here are the quickest ways to make $1,500 right now:

  1. Rent Out Space
  2. Food Delivery Gigs
  3. Odd Jobs on TaskRabbit
  4. Play Games on Your Phone
  5. Welcome Bonuses
  6. Claim Free Stocks
  7. Real Estate Investing
  8. Sell Items Online
  9. Cash Back Apps
  10. Cryptocurrency Investing
  11. Credit Card Sign-up Bonuses
  12. Lose Weight or Exercise
  13. Amazon
  14. Photography
  15. Mystery Shopping
  16. Make Deliveries
  17. Ride Share
  18. Ask for a Raise
  19. Consider a Loan

1. Rent Out Space

If you have space in your home, a parking space, or a spare car, consider renting it out to possibly make your 1500 dollar goal within a single rental. This is one of the best ways of making fast money because you get paid as soon as the rental period ends.

For example, on Airbnb, you can rent a spare room in your home or even your entire house if you’re on vacation or have a second home. You decide how much rent to charge, and if you’re renting out an entire house, it could be one of the best ways to make 1500 fast.

If you have a car you don’t use, consider listing it on Turo or list a parking or storage space for rent on Neighbor.

2. Food Delivery Gigs

When you want to make 1500 fast, meal delivery should be a top consideration. You control how much you work, when, and even which jobs you accept. I like these opportunities because they make it easy to make quick cash.

Most of the meal delivery apps offer the option for an instant payout if you need to make money fast (for a small fee), or they pay weekly for no cost.

Here are the top apps that offer quick ways to make money. Most food delivery apps operate the same way; it comes down to which app is most active in your area, so you get closer to your goal to make 1500 dollars.

  • DoorDash – Make $12 – $21 an hour delivering food for DoorDash. You can make money delivering food if you pass a background check and have reputable transportation.
  • Uber Eats – This is one of the lower-paying food delivery apps, but if it’s most popular in your area, you can make an average of $15 an hour driving for UberEats.
  • Grubhub – This is another popular food delivery app that pays drivers an average of $25 an hour if they work peak hours.

3. Odd Jobs on TaskRabbit

Sometimes to get cash fast, you can make it doing odd jobs. If you love doing tasks for people in person, TaskRabbit can help you as you learn how to make 1500 fast.

The sky’s the limit with what you can offer on TaskRabbit. Some common tasks include handyman work, shopping, heavy lifting, lawn work, and moving.

You choose when you work, which jobs you accept, and how much you charge for each task. I like this app because you can work as much or as little as you want, so if you need to make money fast, you have the opportunity.

4. Play Games on Your Phone

Believe it or not, one of the ways to get money fast is to play games online or on your phone. If you’re already addicted to passing time playing games, then why not make extra money doing it?

These apps pay you to play games on your phone. Be careful, though. You can’t double dip. In other words, you can’t play the same game on multiple apps and make money online. So instead, choose your favorite for each game and make money quickly while having fun.

  • Swagbucks – Making money doing what you love is possible with Swagbucks. The more activities you do, the easier it is to make money quickly. Like InboxDollars, you can make money by playing games, answering online surveys, and shopping online.
  • InboxDollars – Making money online is easy with InboxDollars. You can make money by playing games, watching videos, reading emails, answering surveys, and shopping online.

5. Welcome Bonuses

You might wonder how a welcome bonus can help you make 1500 fast. Banks offer great bonuses for opening a new account.

Changing your bank accounts might seem like a hassle, but stick to switching your savings account, and it won’t cause too much stress. You could also open new checking accounts but keep your existing account if it’s already set up with automatic deposits and withdrawals.

When you wonder how to get money fast, opening a new bank account is one of the best ways. Many banks pay hefty bonuses for opening a new account. Pay close attention to the minimum opening deposit and daily balance requirements to meet the threshold and get your free money just for opening an account.

6. Claim Free Stocks

Did you know you could earn free stock when you open a new brokerage account? Most brokerages offer some type of bonus, and once you claim free stock, they allow you to do what you want with it.

For example, you could keep it and see how well it performs, allowing it to help you make 1500 dollars, or you could sell it immediately and get cash fast if you need it.

Here are a few of the brokerage firms that offer free stock for signing up:

  • Robinhood – Open a free Robinhood account and earn the chance to win free stock worth $2.50 – $200
  • Webull – Open a Webull account and deposit $100 and get up to 12 free stocks
  • M1 Finance – Earn stock worth $10 when you open an M1 Finance account
  • Acorns – Earn $5 in free money when you sign up for an Acorns account; Acorns will invest the funds for you to help them grow
  • Public – Sign up for the commission-free investing platform and earn up to $300 in stock
  • Tornado – Sign up for a free account and earn up to $1,000 cash to invest in your portfolio

7. Invest in Commercial Real Estate

Commercial real estate investing is a great way to earn money, and you don’t need a lot of capital. So, you’re probably wondering why I’d bring up this topic. If you need to make fast money, how would you have money to invest in real estate?

You have more than you think.

Investing in commercial real estate doesn’t mean you must own real estate properties yourself. Instead, you can invest in real estate crowdfunding opportunities, such as Fundrise, where you invest money with other investors. You can invest as little as $10 and earn money from the property’s rental income, interest payments, and capital appreciation.

Some commercial real estate investments are longer term than others, so read the fine print and know how long you must have your money invested. Also, pay attention if the fund pays dividends, as this is the best way to make money quickly by investing in real estate.

8. Cash Back Apps

Cash back apps are one of my favorite ways to make money fast because you get paid for what you’re already doing – shopping online or in person.

Some apps find promo codes and coupons to help you save money, keeping more money in your pocket, and others pay you a percentage of your purchase back in cash, helping you reach your goal of making 1500 dollars.

Here are some of the top cash back apps to help you earn fast cash:

  • Rakuten – Shop at one of the 2,500 partner stores and earn back a percentage of your purchase. Rakuten pays a signup bonus that changes often, and they pay users a ‘big fat check’ quarterly with their earnings.
  • Dosh – If you don’t like keeping track of which stores pay cash back or uploading receipts, download Dosh, link your credit or debit card to it, and you’ll earn cash rewards each time you shop.
  • Capital One Shopping (formerly WikiBuy) – This Chrome extension doesn’t pay you cash, but it finds the best promo codes and coupons before you shop. It also compares prices on products you’re looking for across the internet to help you get the best price.

9. Sell Items Online

If you have personal items lying around the house that you don’t use, turn them into cash. If you wonder how to make fast money, this is it. You get paid the minute you sell the items or deliver them.

Great places to sell your items depending on what they are and their size include:

  • Worthy – High value items like jewelry will bring the highest returns, and with Worthy you can sell your jewelry online.
  • Facebook Marketplace – This is great for selling larger items locally or if you have smaller items that you can ship but don’t want to pay fees to sites like eBay.
  • Poshmark – If you have designer clothes and accessories, open a Poshmark closet and sell your items. You list the price, but buyers can negotiate (you don’t have to accept).

10. Invest in Crypto

Investing in crypto isn’t new, but it’s a great way to make money fast. Of course, like any investment, there’s always a risk of loss. Still, with its popularity increasing and some countries adopting Bitcoin as a legal tender, it can be an excellent way to diversify your portfolio.

Investing in cryptocurrency is highly volatile, so don’t make it a large part of your portfolio, but taking some risk with your capital can help you make more money fast. Of course, like any investment, there’s no guarantee of a positive return, so work with your investment advisor closely to determine how much money you should risk in crypto.

11. Credit Card Sign-Up Bonuses

You might not consider credit cards a way to make money, but they can be one of the best ways to make money quickly. First, find the best rewards credit cards that pay a signup bonus.

Pay attention to how you get the signup bonus, do what it requires, and you’ll have your reward. It usually takes 3 – 4 months to achieve and receive the compensation, so do this early to have the money when you need it.

If you’re in a pinch and need money fast, you can apply for a rewards credit card, use it for your emergency, and earn the signup bonus to pay it off.

For example, the Capital One SavorOne Cash Rewards credit card pays a $200 cash bonus after you spend $500 in the first three months, and the Citi Custom Cash Card pays a $200 bonus after you spend $750 in three months.

You can earn these bonuses by charging your everyday purchases and paying the bill in full, so you don’t accrue interest charges. You’ll make the bonus and have extra cash available in a month or two.

12. Lose Weight or Exercise

As you learn how to make quick money, losing weight probably isn’t on your mind. But, some apps give you the best of both worlds. They pay you to lose weight or reach fitness goals. I think this is one of the best ways to make extra money because you get healthy too.

Here are some apps that help you earn free money:

  • HealthyWage – Sign up as an individual or a team, set your weight loss goals, calculate your potential earnings and start your journey to lose weight and earn real cash
  • DietBet – Bet against yourself and win money to lose weight
  • Evidation (formerly Achievement): Earn points which you can convert to free cash by doing daily activities, such as walking, biking, sleeping, or meditating

13. Amazon

If you’re like me, you love Amazon for Amazon Prime and all the unique items you can find on it, but did you know you could make money fast on Amazon too? Include these methods in your quest to learn how to make 1500 fast, and you’ll be on your way to reaching your goals.

  • Amazon Flex – If you have reliable transportation and live in one of the markets Amazon Flex operates, you can get paid to deliver Amazon Prime packages. You cover the cost of gas and the wear and tear on your car, but you can earn as much as $25/hour.
  • Mechanical Turk – Making money on Mechanical Turk won’t make you rich, but every penny counts when you need to make 1500 dollars. MTurk has microtasks that pay a few dollars each but only take a few seconds. You might answer online surveys, do data entry, or help with a research task and get paid.
  • Customer Service – Make money working from home as an Amazon customer service representative. This is a great way to earn money online fast and help others with questions about their products, orders, and other Amazon-related questions.

14. Photography

If you love to take photographs, use your skills to make 1500 dollars. You can work as a family photographer, take business headshots, or work events like weddings and corporate events. If you wonder how to make 1500 fast, and you have photography skills, this is it. One wedding or event, and you could reach your goals.

If you need something you can do in your free time, consider selling stock photos to sites like iStock Photo, Shutterstock, or Foap. You upload pictures you’ve taken, and when someone buys them, you earn money, aka a part of the commission.

15. Mystery Shopping

Multiple apps offer odd job opportunities, such as taking pictures inside a store for an audit or mystery shopping.

Here are the top apps to help you with ways to make money as a mystery shopper:

  • Field Agent – Make money while out ‘in the field,’ aka shopping. Download the Field Agent app, accept jobs and deliver the work within 2 hours to get paid.
  • EasyShiftApp – Brands pay people to go into stores, check on their stock, take photos of their products, or interact with customer service and report back. This is how corporations and brands know what consumers experience daily. You can make a few dollars for each task you take.

16. Make Deliveries

If you love grocery shopping, put your passion to work and make money fast shopping and delivering groceries.

You don’t spend your money when you shop. Instead, the buyer places the order on the grocery delivery app and pays for it. Then, if you accept the order, you go to the store, shop the list, and checkout with the app’s payment card.

You get paid a flat fee for shopping, plus customer tips. It’s a great way to earn extra cash when you need money fast.

Here are the most popular apps for grocery delivery:

  • Instacart – This app works with most major grocery store chains and even some private stores, so you have options when choosing where you’ll shop and deliver.
  • Postmates – Deliver groceries, restaurant orders, and other odds and ends with Postmates. You have more opportunities to make money consistently with Postmates because you don’t have to only accept grocery orders.
  • Shipt – With Shipt, you can shop in-store and deliver groceries to the customer’s car at the curb or deliver them to their home for a higher fee.

17. Ride Share

If you have a reliable vehicle and don’t mind driving, downloading a rideshare free app is a great way to learn how to make 1500 fast.

Uber and Lyft are the most common rideshare apps. First, you must pass a background check, have a vehicle that passes their standards and have proper car insurance to drive. Once you pass the requirements, you turn your app on, making yourself available. Then, you choose which rides you’ll accept and get paid a flat fee from the app for taking the ride. Customers can also tip you for your service.

If you need to get cash fast, you can cash your earnings out instantly or wait for the weekly pay and not pay any fees.

18. Ask for a Raise

Consider asking for a raise if you need money consistently or always wish you had extra cash. It can’t hurt. What’s the worst they can say?

Make sure you time your request when your boss can hear you and not be distracted, and after you’ve prepared your request with enough proof to show why you deserve the raise. For example, give examples of achievements you’ve accomplished and the average pay for your job in your area.

Even if you get a raise, it’s worth finding other ways to make extra cash, so you don’t find yourself in a situation where you need to learn how to make 1500 fast.

19. When Getting a Loan Is Worth It

Sometimes, getting a loan is the only way to get the money you need. For example, if you’re experiencing an emergency, you may not have time to wait for your earnings from free apps and odds-and-ends tasks to add up to 1500 dollars.

Try to avoid payday loans, and instead, look for personal loans from your bank or another financial institution you trust.

Frequently Asked Questions

What Is the Quickest Way to Earn $1500?

Diversifying your efforts to make 1500 fast is the key. Answer online surveys, invest in commercial real estate, drive for a rideshare app, deliver restaurant food or groceries, and join cash back apps, so your earnings add up to $1500.

Is It Possible to Make $1500 in One Day?

If we’re being realistic, it’s not possible to make $1500 in one day. So while your efforts at multiple jobs will pay off, you’d only earn $1,500 in one day if you combined your earnings from your full-time job with the odd jobs you do to make extra cash.

How to Get $1500 Fast With Bad Credit?

Of course, you don’t need a stellar credit score to earn $1500 with any of the jobs listed above. Still, if you need a no-credit-check loan, these loans are available through companies like ZippyLoan; however, they often have much higher rates and fees. Always read the fine print to know what you’re getting before borrowing the funds.

The post How to Make $1500 Fast appeared first on Millennial Money.



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October 01, 2022 at 12:49AM

21+ Ways to Make $500 Fast [In a Week or Less]

The post 21+ Ways to Make $500 Fast [In a Week or Less] appeared first on Millennial Money.

Life doesn’t always go as planned, whether you have an emergency or something unexpected occurs, you might need more money. Even if you have money set aside, it might not be enough, forcing you to look for ways to make $500 fast.

It might feel impossible, especially when you’re in the midst of an emergency, but there are ways you can make 500 dollars fast, usually in a week or less, to ease your financial strain.

skip down to see all the ways to make $500 fast

How to Make 500 Dollars Fast

Here’s how to make 500 dollars fast today:

Make $500 Fast With Freelance or Gig Work

Gig work is another great way to make $500 fast. This obviously requires work on your part, but you’re also in control of how much you make. The more you work, the more money you’ll make.

1. Freelance Writer

If you know how to write with proper grammar, have a basic sense of SEO, and love to write, you can make money as a freelance writer.

Content is king, and every company needs help with its content. Unfortunately, small businesses don’t have the time to handle their content needs. They often let it sit on the back burner but then regret it because they lose business when they don’t have an updated blog, website content, or social media presence.

You can write blog posts, website content, or social media posts. Fiverr is a great platform to advertise your services, or you can market on social media sites like Facebook and LinkedIn.

Most content writers charge per word and have a niche they specialize in to get more clients. It helps if you have a portfolio of any work you’ve completed so potential clients can see your writing style.

2. Virtual Assistant

Virtual assistants provide business owners with a variety of tasks. For example, they can manage social media, write content, manage emails, make appointments, design websites, and provide customer service.

As a virtual assistant, you decide what you’ll offer, whether it’s one or more services. You can work for one company or diversify your efforts and support multiple businesses with your services.

3. Tutor Online or In-Person

Tutoring is a great way to make money in your free time. Because most tutors charge a high hourly rate, you can make $500 fast by tutoring.

First, decide how you want to tutor. For example, will you tutor in person at the student’s home or the local library, or do you prefer to work online?

If you’ll work in person, hang flyers at local schools, libraries, and grocery stores. Advertise your services on social media and tell friends and neighbors that you’re offering tutoring. It works best to narrow down which topics or grades you’ll tutor to get the right audience.

Make sure to talk about your credentials, whether you have a teaching certificate, a bachelor’s degree in a subject, or excel in a specific topic and want to help those that struggle.

If you prefer to tutor online, you have a couple of options. You can create your own business and advertise your services locally and nationwide or work for a company like VIPKid. At VIPKid, tutors help students in China learn English.

It’s a rewarding job if you are a teacher but are taking a break or you need to supplement your teacher income. You must be able to work evenings or very early mornings since you are teaching in Beijing time. Tutors that work the later shifts usually earn a premium, which can help you earn 500 dollars fast.

4. Childcare

If you love working with kids, consider offering childcare in your home. You can offer before and after school care or watch smaller children throughout the day.

Check with your city and county ordinances to see if you must be licensed to handle childcare. Next, check the rates in your area, asking local daycare providers what they charge and what services they offer, such as serving breakfast, lunch, or after-school snacks.

You can charge hourly for your childcare services or consider a daily or weekly fee, depending on the ages of the children you watch.

5. Pet Care

Pet owners often need help caring for their pets when they’re at work or on vacation. You can make 500 fast offering pet sitting or pet walking services.

Decide what you’re comfortable doing, whether walking dogs at lunchtime, letting dogs out and feeding them throughout the day, or caring for them while their owners are away.

You can set up your own pet care business or work through apps like Rover, a marketplace that matches pet sitters with pet owners. Either way, you choose how much you charge per hour or day and what animals you’re comfortable caring for while their owners are away.

6. Running Errands

People need help with errands all the time. If you don’t mind doing odd jobs, like running to the dry cleaners or a local store, hanging pictures, helping with landscaping, or cleaning house, set up an account on TaskRabbit.

List the tasks you’ll help with, and you’ll get matched with local people looking for help. This can be a great way to make 500 dollars fast, but make sure you provide great service for each task you accept. The app relies heavily on customer reviews. The better the reviews you get, the more jobs you’ll get, helping you reach your 500-dollar goal faster.

7. Handyman Work

If you’re good with small or large repairs, advertise your services in your area. List your skills, and negotiate rates with locals who need help with things like repairing drywall, finishing a basement, fixing a leaky pipe, or any other tasks for a house.

TaskRabbit is a great app for handyman work, too; just make sure you’re clear about the services you’ll offer. You’ll send a rate offer to interested buyers, and they’ll hire you for the job if they’re interested.

8. Audio/Video Editor

If you’d rather edit work that’s already completed, you can work as an audio or video editor. Just like written content is king, video, and podcasts are just as important to businesses today.

Companies often put together videos and podcasts but don’t have the means to edit them. If you have the software and knowledge to edit audio and video content, you can advertise your services on Fiverr or Upwork. In addition, companies will pay you to make their podcasts and videos search engine friendly and engaging.

You might cut excess content, add music to the background, handle transitions, or make other changes that create a powerful marketing piece for companies.

Make $500 Fast With Your Car

If you have a car in good condition and you don’t mind driving, you can make $500 fast with your car. Whether you drive people, food, or advertise for companies, there are many ways to get paid to drive.

9. Deliver Food

If you need to make 500 dollars fast, consider delivering food. Of course, you still need a good car and to pass a background check, but you’ll drive for apps like DoorDash or  UberEats.

When you deliver food, you pick up the customer’s order at a restaurant or sometimes a store (not grocery) and deliver it to them. You are the middle-man between the customer ordering and the place of business delivering the food.

Like Uber or Lyft, you must pass certain requirements, including the background check, but once approved, you can set yourself as available and take the deliveries you want. Again, you’ll earn a flat fee for your services, but customers can tip you, which you keep 100%.

If you can wait for your payment, you’ll receive it weekly. But if you need your 500 dollars fast, all apps offer an instant pay option for a small fee so that you can have your money fast.

Pay attention to the different offers DoorDash or UberEats offers. For example, if they are busy and there aren't enough drivers, they may offer peak pay, or they may motivate drivers to make themselves available by creating challenges, such as delivering ten deliveries in the next two days. This is common in areas that don't have enough drivers so the apps can continue providing great customer service.

10. Deliver Groceries

If you love to shop and drive, consider making money delivering food for Instacart. Rather than picking up an order that’s already bagged and ready to go, you do the shopping.

Customers purchase their groceries online, making their grocery lists. The order then goes out to approved Instacart shoppers to take. You’ll see the size of the grocery list, the amount you’ll make, and the tip the customer will pay.

If you take the order, you head to the store they ordered from and shop their list. You can communicate through the app if you have questions while shopping or if the store is out of a product the customer ordered. It’s good practice to greet the customer when you take the order, inform them when you arrive, and update them with any issues throughout your shopping experience. This will increase your tips and reviews, which will help you get even more jobs.

Like other delivery app jobs, you are an independent contractor, so account for the taxes you’ll pay on your earnings. You’re also responsible for any costs you incur outside the customer’s grocery costs. They pay the costs online, and the app you use to deliver groceries will give you a card to pay for the groceries at the store.

11. Drive for Uber or Lyft

If you don’t mind driving, download the Uber or Lyft app and become an approved driver. Of course, you must pass a background check, and your car must meet their basic requirements, but if approved, you can make money in your free time.

You don’t have to set specific hours to drive for Uber or Lyft. Instead, you make yourself available on the app when you have time. When you’re available, you can view active ride requests and accept the rides you’re willing to do.

Uber and Lyft pay drivers a flat fee, but customers can tip too. You keep 100% of the tips earned.

Both platforms also offer special incentives, such as peak pay during busy times and challenges that pay you a bonus if you complete them.

You work as an independent contractor if you drive for Uber or Lyft, so keep in mind that you’ll pay taxes on your earnings, and all expenses incurred are your responsibility, such as fuel, car repairs, parking, and tolls.

Both platforms offer the option to get paid weekly for no fee or instant pay for a small fee. So if you're in a bind for the 500 dollars, you can take advantage of the instant pay and have your money, minus a small fee, in seconds after earning it.

12. Wrap Your Car With Advertisements

If delivering food, shopping, or taking riders doesn’t appeal to you, there’s one more way your car can make you $500 fast. You can wrap your car with advertisements.

With companies like Wrapify, you allow them to wrap your car in a company’s advertisement. Then, they pay you for the time the advertisement is on your car. All you have to do is drive like you usually do.

Some companies require you to drive a certain number of miles, and all companies have campaign periods. They pay you monthly for advertising for them, and when the campaign ends, they remove the advertisements from your car.

Make a Quick $500 Renting Your Stuff

If you aren’t ready to part with your stuff, you might be able to make $500 fast if you rent items you have. The renting marketplace is becoming more popular today, with people looking to rent from individuals rather than large companies. This includes places to stay and even cars to drive.

13. Rent Out Your Spare Room

Airbnb has increased in popularity a lot since the pandemic. This is because people want more space and privacy than a hotel offers.

You can rent out your spare room or entire home with Airbnb. If you’re in a pinch for money and need it fast, list a room in your home on Airbnb. Before you do, determine the amenities you’ll offer and how you’ll handle sharing your space. Then, decide when you’ll have the room available and find tenants.

You can rent it to tenants for a day or two or the long term. You can even have tenant turnover, renting to multiple people in the span of a week to increase your earnings further.

If you have an entire house or townhome that will be vacant for a week or two, you could list the entire home on Airbnb and make even more money.

You aren’t obligated to keep the property listed long-term, either. You can make it available for a few days and then take it off because you’ll be back home or don’t want to share your space during that time.

Because you get paid when they rent, it’s a great way to make money quickly using your existing resources.

14. Rent Out Unused Space for Storage

If you have a large unused space, you can rent it to others who need storage space. For example, families who live in a small apartment or home without a basement, the elderly, and people getting divorced often need storage space but don’t want to pay the high rates typical storage facilities charge.

Join Neighbor and list your available space for rent. Make sure you’re specific about the space you have. For example, is it temperature-controlled, affected by weather, or are there stairs leading to it? Be as detailed as possible about the space and watch people rent it.

You can rent out space in your basement or garage, empty storage shed, or even attic space. If you use Neighbor to rent your storage space, they provide $1,000,000 host protection, so you don’t have to worry about being liable for your tenant’s belongings.

15. Rent Out Your Parking Space

You’ve heard of Airbnb to rent your home, and now there’s Pavemint to rent your parking space. You’d be surprised to learn how in-demand parking spaces are, almost as much as places to stay. This is especially true if you live in an urban area where parking is tight.

You decide how you’ll charge tenants. You can charge by the hour or day. Depending on how much you charge, you can quickly make the 500 dollars you need fast. Check out what others in the area charge for their spots and make your costs competitive, or even a few dollars lower, so you get the business.

Provide your tenants with a safe place to park their car and make it easy for them to get in and out, and they’ll likely refer you to others in a similar situation.

16. Rent Out Your RV

Owning an RV makes for great family memories, but it collects dust when it’s not in use, and it can be expensive to let it just sit. So instead, turn it into an opportunity to make 500 dollars fast by renting it to others. RVShare is a marketplace that brings together RV owners and people who want to rent an RV.

It works a lot like Airbnb. First, you list your RV, its features, and available dates, and renters look at your listing. If they like what they see, they may ask you some questions or book the RV to rent. Then, you choose all the details of the rental process, including how much you want for a security deposit.

You are required to meet with the renters to provide the keys and show them how everything works, but beyond that, it’s a pretty easy gig. RVShare offers $1 million in liability insurance and $200,000 in comprehensive and collision.

Depending on the size of your RV, how long you rent it, and the local market, you might make the $500 you need in one rental.

17. Rent Out Your Car

If you have an extra car, or won’t be using your car for a while, consider renting it out. This is a great way to make 500 dollars fast, especially if someone rents it long-term or you rent to multiple people in a short time.

It might sound crazy to rent out your car, but it can be a great way to make passive income. You must ensure the car is in good shape, clean, and has gas for your renters.

There are a couple of ways to rent out your car. First, you can rent it through Turo or Getaround, which are marketplaces that bring together car owners and renters. Much like renting a car from Enterprise, you list the car, its features, and the cost per hour or day. Then, you set the terms, they provide the insurance, and you make the money you need renting out your car.

You can also rent your car to rideshare drivers through HyreCar. This is a marketplace for car owners with spare cars and rideshare drivers. You set the daily rate, and the transaction goes through HyreCar. They provide the insurance, and you collect the money. Because you’re renting your car out to people using it to make money, the rates you earn are usually higher, and you might earn more than the 500 dollars needed for this emergency.

Make $500 By Selling Stuff

Selling items is one of the best ways to make 500 dollars fast. Buyers can’t take the item until they’ve paid for it, so it’s a great way to earn money instantly. You probably think you have nothing to sell, but thinking outside the box a little will turn up ideas you won’t believe you missed.

18. Sell Unwanted Items Around Your House

This is one of the easiest ways to make $500 dollars fast. You can sell items around your house. Of course, you’ve heard of garage sales, but did you know you can sell items anytime and don’t have to wait for garage sale season?

Use sites like Facebook Marketplace and Craigslist to your advantage, and sell your items. Also, consider selling on eBay if you have collectibles, electronics, or other items that might sell for more than a garage sale price.

You might be surprised to learn how much people will pay for secondhand items. Things you find around your home that you consider junk could be treasures to someone else.

Before you sell unwanted items, search for similar items on marketplaces to see what others are getting for them. Then, keep your prices competitive but high enough that you make what the items are worth.

19. Sell Unused Clothes

If you have a closet filled with clothes you don’t wear, sell them, especially if you have clothes with tags still on them.

It happens to all of us. We buy clothes intending to wear them for a certain purpose, but the occasion never happens, or we find something else to wear. If you wait too long, you lose the chance to return the items for a refund, so they sit in your closet collecting dust.

Instead of letting them sit, make money on them. A great place to sell unused clothes is Poshmark. You can create a ‘closet’ on the site with all your items, including shoes and accessories. Then, set the price and market your closet on your social media pages.

If you sell items, you ship them and get paid from Poshmark after the buyer accepts them or within three days if the buyer doesn’t complete the transaction.

Poshmark keeps a small percentage of your sale, but you keep the difference. If you have name-brand clothes or hard-to-find styles, chances are you can make good money selling your unused clothes. Make sure when you show the item, you take pictures with the tags still attached as new with tag items usually sell for more money than used clothing items.

20. Sell Baked Goods

If you have a yard sale, consider other ways you can make money at it. Sure, you’ll make money selling the items you don’t want in your home any longer, but there are other ways to make more money, including selling baked goods.

If you’re a great baker, make cookies, bread, and cakes and sell them at your yard sale. If you host the yard sale for a few days, you could sell quite a few baked goods to supplement your earnings.

If you aren’t having a yard sale, you can sell baked goods online or by word-of-mouth with friends. For example, if you’re great at cake decorating, make cakes for friends and family and have them spread the word. If you share pictures of your creations on social media, chances are people will ask who made the cake, and before you know it, you’ll have more orders for custom cakes.

You can use this method for any type of baked good. If you have a specialty, share it with the people that know you best and let them spread the word.

21. Sell Your Crafts

If you’re crafty, turn your hobby into a money-making opportunity. You have several ways to make money selling crafts. First, figure out your niche. What do you make and want to sell? Next, decide if you want to sell them in person, online, or both.

Consider vendor fairs, craft fairs, flea markets, and yard sales if you sell in person. Anywhere there will be a large group of people with the intent to spend money is a great place to sell your crafts. If you want to make a side job out of it, you can find out about the craft shows in your area and sign up as a vendor at each of them. Create a flyer that says which shows you’ll be at and pass them around, even at your other craft shows.

If you prefer to sell your crafty items online, Etsy is a great place. You can create your own store and leverage Etsy’s large audience. You can sell just about any homemade item on Etsy. Just make sure you size up your competition. Then, see how they create their listings, what they charge, and how they take their photos.

You shouldn’t copy other crafters, but you can use what they do as inspiration to make your offerings even better so you can make $500 fast.

22. Sell Unused Gift Cards for Cash

If you have gift cards, you won’t use, consider selling them for cash. The easiest way is to advertise the gift cards for sale on your social media pages. You can ask for the full price of the gift card or discount it if you want to move it faster.

If you have gift cards to sell and don’t know anyone who could use them, download the app CardSell and see how much you can get for your gift card.

23. Flip and Sell Other People’s Stuff

If you love DIY projects, you can buy cheap furniture and other items, fix them, and flip them for a higher price.

This works great with the furniture you find at Goodwill, the Salvation Army, or the antiques you have lying around your house you no longer need. You can even find furniture or other items curbside on garbage day that people don’t want, but you know you can turn them into a treasure.

You can sell your items on sites like Facebook Marketplace, Etsy, or Craigslist. Where you sell the items depends on your market. For example, Etsy is a great place to sell items if you make boho chic pieces. Antiques and other unique collectibles also do well on Etsy.

If you’re fixing and flipping ordinary furniture, such as a table and chairs, you’ll have better luck on Facebook Marketplace or Craigslist.

Like any platform, check out what others do. While fixing and flipping is a unique opportunity, and no two sellers will have the same items, you can get an idea of what the market wants and what they’re willing to pay before you put any money into your efforts to make a profit.

24. Sell Photos Online

Did you know people pay for stock photos? You can take photos and sell them online for money. This means you can take a picture one time and sell it as many times as people will buy them. There are many sites you can sell stock photos, some that work better than others for specific photo types.

Check out sites like Shutterstock and iStockPhoto and see what types of pictures members upload and sell. Follow your favorite photographers and get ideas for pictures you can take and sell.

Like most sites, the platform you upload your pictures to will take a cut of your profits, but you can upload your picture to multiple sites to diversify your earnings and maximize how much you make.

Other Ways to Make $500 In a Week or Less

There are also a few ‘non-working’ ways to make $500 in a week or less. Some methods require a chat with your boss, but it can be worth the nerve-wracking experience if you can reach your financial goals.

25. Sign-up Bonuses

Pay close attention to large sign-up bonus opportunities. For example, banks offer sign-up bonuses when you open a new account. For example, you might earn $150 for depositing $500 in a bank account and leaving it there for three months.

Reward credit cards often have sign-up bonuses too. Most reward credit cards pay in points, but you can earn the equivalent of $500+ if you sign up for a new credit card and reach their spending requirement to earn the bonus.

The downside of sign-up bonuses is you won’t get the money immediately. They usually take a few months to obtain, but they can help you with your next emergency.

26. Donate Plasma

If you’re in good health and have a few hours to spare, you can make more than 500 dollars fast and help people in need.

Companies like CSL Plasma pay you to ‘donate’ your plasma. It’s not really a donation since you get paid for it, but you’re helping people in need of it. Most places that accept plasma donations pay $1,000 or more for the first month, but you must pass a health exam and meet the height and weight requirements.

They’ll test you each time you try to donate, checking your vitals and asking specific questions about any medications or other substances you’ve taken in the last two weeks.

You get paid immediately after your donation, which can be a good way to get the money you need quickly.

27. Ask for a Raise

If you think you aren’t getting paid what you’re worth, consider asking for a raise. Be careful when you do this, though. Timing it perfectly is the key, as is preparation.

First, decide why you think you deserve a raise and gather your facts. Think of ways you’ve helped the company or differences you’ve made in their bottom line. The more facts and figures you can provide, the easier it is to prove you deserve the raise.

It doesn’t hurt to look around at what others in your industry make for the same position. If you earn less than the average in the area, you can also bring that up in your discussions.

Before you ask for a raise, set an appointment with your boss. Don’t just barge into his office and ask for the raise. Set aside time when you can have a closed-door meeting and when you can have your boss’s full attention.

If your boss doesn’t say yes immediately, it doesn’t mean you can’t get the raise. Sometimes they have to get approval from HR or a boss with more seniority than them, but pleading your case can get the ball rolling.

28. Work Overtime

If you get paid hourly, and your company allows overtime, use it to your advantage to make 500 dollars fast.

Even if you get paid bi-weekly, you’ll know that your efforts will pay off in two weeks, and you’ll have the money you need. The nice thing about working overtime is you get paid time and a half, so you have to work less time to make the same amount of money.

How to Best Use the $500

Once you make the extra $500, it’s important to know how to use it best. Sure, a shopping spree would be fun, but that’s not the most practical way to use your hard-earned money.

Here are some great ways to use the extra 500 dollars you earned.

1. Take Care of Your Emergency

If you had an emergency that prompted you to find ways to make $500 fast, take care of it first. Don’t be tempted to use the money for other uses. Instead, immediately pay for the emergency. For example, if you charged it on a credit card because you had no other options, pay off the credit card or if the vendor is waiting for payment, pay them immediately.

2. Put Money Away in an Emergency Fund

If you took care of the emergency and have money left over, consider building an emergency fund. This way, if there’s an emergency in the future, you won’t have to scramble to find ways to make 500 dollars fast.

Ideally, you should have three to six months of expenses put aside. Unfortunately, most people don’t have that, and many don’t even have $1,000 for a basic emergency. Consider stocking your emergency fund with cash, so you’re prepared for the next round of emergencies.

3. Open a High-Yield Savings Account

After you earn extra money, make it work for you. Don’t stuff it under your mattress. Instead, open a high-yield savings account and let your earnings grow. If you leave the money untouched, your interest will earn interest.

High-yield savings accounts usually have much higher APYs than traditional banks, and they often don’t charge the typical bank fees, so you get more for your earnings.

4. Create a Sinking Fund

If you took care of your emergency, set yourself up for the future. Create a sinking fund for things like holiday spending, a large upcoming expense, or future plans, like a vacation or kids’ summer camp. Create an account for each goal and contribute money to each fund monthly so that when the expenses come up, you won’t find yourself without the funds.

5. Invest

If you have an emergency fund saved, consider investing a little of your money. Only invest in assets that match your risk tolerance so you don’t lose more than you can handle.

You Can Invest In:

You don’t need a lot of money to invest. Most platforms have opportunities for everyday investors to invest with as little as $10, so there’s no excuse not to invest. You can even start by investing your spare change with Acorns.

Avoiding This In The Future

If needing 500 dollars fast was stressful for you, it’s important to figure out how to avoid this from happening in the future.

While life happens and sometimes we can’t control it, here are some ways to help yourself.

Create a Budget

If you don’t have a budget, create one, and if you have one, use it. Budgeting is the number one way to avoid overspending and finding yourself in a financial bind when emergencies happen. In your budget, account for savings, ensuring you regularly put money away for unexpected issues.

Don’t Use Credit Cards

Credit cards aren’t an extension of your income. If you use credit cards, stop and try to pay off your debt. The interest you pay on your debt removes the chance to save or invest money and increases the risk of needing money quickly.

Save as Much as Possible

Even if you live paycheck-to-paycheck or don’t think you have enough money to save, find ways. Whether you start a side gig, rent out items, or donate plasma, find ways to bring in even a few extra dollars each month and put it in a separate savings account for a rainy day.

Frequently Asked Questions

It can be overwhelming to need to make $500 fast, and you likely have a lot of questions. So here are the questions we hear most often.

Is it possible to make $500 in a week or less?

It’s possible to make $500 in a week or less, but you must be willing to hustle. In other words, the money won’t just land in your lap. You will need to work hard and diversify your efforts. Don’t rely on one source to make you the entire $500. Instead, combine your efforts, taking on passive and active income opportunities to maximize your income.

How can I make $500 every day without a job?

You might not make $500 a day without a job, but you can make extra money if you diversify your efforts with several side gigs. Consider doing things like:

…or offering services to people, such as running errands, or driving for Uber or Lyft.

You’ll have to work for your money, even if you don’t have an employer. Just remember, you will owe taxes on any money you make at tax time.

How can I make $500 a day at home?

It’s easy to make money at home. Side gigs that pay the most include freelance writing, website design, virtual assistant work, and tutoring. You choose the rates you’ll charge your clients and advertise your services. The more diligent you are about advertising your services, and the better reviews you get from current clients, the more money you’ll make.

What can I sell to earn $500?

Sometimes all it takes to earn $500 is to sell items you have. Clothing, electronics, toys, sporting goods, and collectibles sell well online or at a yard sale. If you really need to make money fast, having a yard sale for a couple of days can earn you the money needed.

If you have more time, consider selling items on eBay, Facebook Marketplace, or, if you’re crafty, set up an Etsy store. Another great place to earn money selling clothing is Poshmark. This works great if you have high-end brands to sell, whether clothes, accessories, or jewelry.

How can I earn $500 in one day?

You might not earn $500 in one day doing one task, but if you diversify your efforts, you might get close. Ask your boss for a raise, start a side gig or two, find things to sell online, and donate plasma, and you might be right where you need to be, making $500 fast.

The post 21+ Ways to Make $500 Fast [In a Week or Less] appeared first on Millennial Money.



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September 30, 2022 at 11:40PM