You know those months when the budget is pretty tight, or when you’ve been longing after that awesome pair of something you’ve wanted for a while? An extra $500 could really go a long way to making that happen for you. But if your job is one where there’s no opportunity for overtime and you’re set in your wage, or if you don’t have a job and income is limited, making that extra money can be a difficult thing to do.
But there are definitely ways you can do it! There are ways to make an extra $500 this month that don’t require you to sell your soul, bombard your friends with ‘party’ invites and some of them don’t even require you to leave the house! Winning!
Plus, you don’t have to limit yourself to just one of these ways, make more of an impact on your income by diversifying it. It’s much easier to make $100 5 different ways than it is to make $500 in one way.
1 – Declutter and Sell
You know I’m a big fan of the whole decluttering thing, really. It clears my mind, frees up more space in my home to relax and to be creative and it makes me feel more calm. All of those aside though, it also can be a great little money spinner.
Once you start digging into cupboards you haven’t seen the back of in years, you’ll start to find all kinds of ‘treasures’ you no longer want or need.
Electronics tend to sell off well, so do tools and anything that is practical.
List them online on a local classifieds like Gumtree or Craigslist, add them to your local Facebook Buy, Swap or Sell group or if you have enough things you’re getting rid of, have a full blown garage sale (or yard sale for our American friends).
2 – Put Your Skills To Use
You might not be able to pick up extra hours or projects at work, but can you put your skills to use and freelance on the side?
Skills like graphic design and web design are in high demand online and sites like UpWork will allow you to set up your own profile with your skills and your rates and allow people who are searching for you to find you.
Just be mindful about conflicts of interest and ensure you aren’t poaching clients from your boss… that’s never going to go down too well.
3 – Write About It
Consider yourself to have a little creative flair when it comes to the written word? Share your thoughts and stories! May sites pay to their writers to contribute (like us!) and some sites are even looking for regular content writers to write for them.
While establishing yourself as a freelance writer might take a little time, there’s no harm in writing a few articles and submitting them to sites like ours or Her View From Home or the many other sites that pay contributors. Some up to $100 a piece!
4 – Do Odd Jobs For People
Not really sure what skills you could use to earn extra money? Let the jobs come to you. Sites like AirTasker allow you to search for people in your local area willing to pay others to do things they either don’t want to or can’t do.
These jobs could range from grocery shopping and running errands, right through to removing a spider from someone’s home or cleaning out gutters. Some tasks like writing a resume or editing a document don’t even require you to leave your house!
5 – Take Surveys
There are so many survey sites out there offering to pay people to take surveys, and so many ‘success’ stories it can be hard to work out which ones are legit and which ones are a bit scammy.
Keeping to sites that you hear a lot of people talk about, like Swagbucks, are great ways to ensure you’re going to be earning somewhere legit. Swagbucks also offer rewards for playing games or watching videos so these are awesome ways to earn a few extra dollars in your lunch break or anytime you’re on your phone. And, you can earn cash back when you shop simply by using their links. Super easy way to earn extra money.
Be sure to check out any reviews of survey sites before you start to take surveys or give them access to your info.
6 – Transcribe Video or Audio to Word
Sites, like Transcribe Me, will pay you to transcribe work for their clients, you can even be paid more based on your skills and according to their site, people earn an average of $250 a month! That’s amazing side income. Plus if you’re great at typing and super fast (and accurate) you could earn even more.
It also means you could work from home to earn extra money, or from your favourite local cafe. Seriously, anytime you can drink coffee, eat cake and earn money is a winner for me.
7 – Create and Sell Products
Maybe you’re kickass at organisation and your friends are always asking you to teach them how you do it. Or perhaps you’re a goddess in the kitchen and can make the best brownies anyone has ever tried. Or maybe you love getting crafty and can whip up a baby blanket in an hour that looks like it’s out of a designer magazine.
Whatever your skill is, put it to use!
There are heaps of different ways you can sell and market your products online from creating your own website to selling in Facebook groups, but don’t forget to think local too. Do you have any local markets you can attend and sell your products? These can be quite lucrative and in one day make you a decent amount of extra money on the side.
Plus, you never know where this little side hustle could lead you.
8 – Review Websites
There are heaps of user testing sites out there that will pay you to test out websites for their clients. What they want to know is the usability of the site, if it’s easy or difficult to navigate your way around and what kind of ‘vibe’ you get from being on the site. Sites like Peek User Testing pay $10 per 20 minute review. You might not sit there and do 10 reviews a day but you could do 10 a month… that’s an extra $100 in your income pool!
9 – Start a Blog
Okay, to be honest, it’s highly unlikely that you’re going to make $500 in your first month of blogging – but this is a long term income stream that you can consider. Need to know how to start a blog? Check out this super awesome guide (super awesome because I wrote it!!) and there’s a free course to go with it too.
Blogging can be such an incredibly rewarding thing to do and, if you have the drive and motivation, can turn into a full time job for you. The possibilities with it are endless and it’s entirely up to you.
If you’re wanting to find something a little more consistent and earn a regular income, you can check out our article on the 11 Side Hustles you can start to earn some extra money too!
This post contains affiliate links to products we personally use and highly recommend.