Suppose you are already asking the question ‘how to make $500 a month?’. In that case, you are looking to improve your financial position and attain financial freedom.
There are many different ways to make $500 in a month, but you need to take action and commit to doing something, which can be hard at times.
Therefore, the focus is significant to attain whatever you choose to do and make your money.
Here are some methods on how to make $500 a month:
Disclaimer: This article contains referral links, where I may receive a small commission on signups or purchases at no cost to you. You can read my full disclosure here.
1. Participate in online surveys
You could potentially make up to $500 a month simply from taking online surveys.
It doesn’t require any skills; all you need is to dedicate some of your time and knowledge. Companies are willing to pay you to know your opinion on specific topics.
If you are looking for an easy way to make extra cash from the comfort of your own home, this is a great option.
Most surveys take around 15 minutes to complete. It’s that simple.
You need to sign up for several survey websites to earn more money. Ensure that you choose surveys that offer the most amount of money. Joining more survey sites enables you to make more money.
Survey sites to join:
– Swagbucks: Get a $3 referral bonus
– InboxDollars: Get a $5 bonus
2. Become a virtual assistant
You will potentially earn around $32 an hour if you become a virtual assistant, sometimes a lot more!
Virtual assistance is a broad category with different options that you can specialize in. If you do not know where to start, try being a virtual assistant to see if you will like it.
As a virtual assistant, you will help businesses with marketing, email, creative designs, finances, and data entry. If you have a skill or talent, you can find someone willing to pay you for it.
3. Sell on eBay
You can make over $500 a month simply by selling on eBay.
The potential to sell on eBay is to get good deals and bargains at thrift stores or garage sales and resell to eBay. You could also try dropshipping on eBay, where you source products cheaply from AliExpress or Alibaba and sell at a higher price for profit.
You may think you require a lot of knowledge to get good deals, but that is not the case. Instead, you should find a system that allows you to find good deals and be adamant about it.
Also, it would be best if you stick to things that sell well on the platform. Then, you can develop a customer base on eBay and get good reviews to get more clients.
4. Teach English
Teaching English can make you, on average, $25 an hour.
A requirement to teach English is to have a bachelor’s degree in any field and at least one year of teaching experience, including home-schooling, coaching, or tutoring.
You should be passionate about working with kids and be patient to make them learn English.
If you have a computer, a microphone, and a webcam, you should consider teaching English as a foreign language.
5. Become a virtual bookkeeper
You could earn around $18/hour if you become a virtual bookkeeper, potentially up to $35 an hour.
To become a bookkeeper, you’ll need skills with numbers, time management, and organization.
You can work from home at any time. If you love numbers and the zen of a balanced bank account, then this is a job for you. To make $500 a month, you will only need around five clients a month.
Small business owners have big visions and ideas that require someone to help keep their books in order and ensure that they make profits. You can be hired for that.
Virtual bookkeeping is a flexible job to dedicate any hours of your time and work from home.
6. Real estate
The good thing with real estate is that you can make an uncapped amount of money; it all just depends on your property portfolio.
However, you should also learn basic sales skills for you to make money. This is because there are so many ways to make an additional $500 a month in real estate.
Here are some ways:
1. Buying rental properties: You should aim for a 10% cash on return and $300 every month cash flow after all expenses.
2. House hacking: You can buy a single-family house and rent extra bedrooms.
3. Real estate agent: You can become a real estate agent for family, friends, and referrals
7. Become a blogger
You can make from $500 to $100,000+ monthly from blogging, sometimes a lot more and sometimes nothing.
It’s preferable to have a skill and specialize in one niche when blogging, which people want to learn from you.
Blogging is not as easy as many think, but it is also not rocket science. Instead, it requires patience, hard work, and a willing person who keeps trying new things.
Making your first payment may be challenging, but a year or two of consistent blogging will help you make more than $500 in a month.
You can make money with ads, affiliate marketing, sponsored content, freelancing, digital products, and more!
Read next: How to Start a Profitable Blog in 2021
8. Become a freelance writer
You can make over $500 every month by becoming a freelance writer.
You should be a person who pays attention to details, research, and writes good papers. Freelance writing is a great side hustle that you should consider.
There is a demand for content from bloggers and other businesses who desire a web presence. Starting a blog and making money from it can take years, but becoming a freelance writer will help you make money from day one.
For an article of 1,000 words, you can earn between $20 and $250, depending on your level of expertise. However, if you can write a few pieces per day, you are guaranteed to make $500 a month.
9. Use cashback apps
Many available cashback apps will help you earn some extra money each month simply by shopping online.
However, you should not expect cashback apps to make you rich, but the money will accumulate over time.
Cashback apps are free to join and even have handy referral bonuses too! Since joining cashback apps, I’ve found that I save around 5 – 30% on online purchases on average.
Not too bad for barely any work required.
Best cashback apps:
Rakuten: Earn from 2500+ stores, cashback rates from 1 – 40%.
Join Rakuten today to receive your $25 bonus (after $25 spent)
Shopback: Earn from thousands of stores, cashback rates from 1 – 90%.
Join Shopback today to receive your $10 bonus (after the first transaction)
10. Bake dog treats
You can make more than $500 every month simply by baking dog treats.
If you love baking and love dogs, this is a great job to make more money.
You need to be creative and ensure that you offer something different and what people will love for their dogs. For instance, you can make gourmet treats using quality and healthy ingredients. The recipe can include all-natural treats that dogs will love.
Another fun option is to create birthday dog treats in the shape of a cake or cupcake.
11. Delivering food
You can make between $15 and $30 every hour delivering food. All you need is a driver’s license and reliable transportation.
You may be aware of food delivery choices such as UberEats, DoorDash, Postmates, and GrubHub.
They may need reliable drivers to deliver food to customers. You can use your extra time during the day or night to earn an additional $500 a month in less than 10 hours every week.
12. Make Pinterest Pins
You can make more than $500 every month from making pins on Pinterest.
If you like using Pinterest, you might as well get paid to share pins on the platform. As a virtual assistant on Pinterest, you will get paid to create pins for online businesses and blogs.
Pinterest virtual assistants have a high demand because Pinterest is an excellent way to drive traffic to websites and businesses.
This is a great way to earn $500 a month or a week from home, depending on the number of clients you take.
You could find jobs by freelancing on Fiverr, as I’ve seen pin designs selling for $3/pin. Meaning if you were to make 166 pins a month, you could make $500.
Recommended read: How to Make Money From Fiverr
13. Proofreading and editing
You can earn more than $500 a month from editing and proofreading.
Proofreading and editing present freedom as you can earn from home and choose what time to work.
Editing and proofreading is a great way to make $500 a month online, even if you are just starting.
You can begin proofreading and editing as a part-time side hustle, or you can do it full-time to become your primary source of income.
14. Become a handyman
You can make up to $50 an hour by becoming a landscaper/handyman. However, you should be good with your hands and small home projects, or you should be willing to do manual jobs and be paid for them.
You can make a solid income by offering your services as a handyman on small house projects.
You can also mow lawns, wash cars, do gardening, or put together furniture.
15. Freelance on Fiverr
The last of the methods to make $500 in a month is from freelancing on Fiverr.
Depending on your interests, you may consider offering services like background removal, subtitling videos, software testing, proofreading, or editing.
There are thousands of ways to make money from Fiverr. If you have basic computer skills, you’ll be able to start selling your services today.
Recommended Read: How to Make Money From Fiverr in 2021
So there we have the 15 different methods on how to make 500 in a month.
Whether you’re blogging or freelancing on Fiverr, there’s always a way to make money online.
An extra $500 a month could cover groceries and utility bills, so these methods are super handy in that regard.
Remember to experiment with a few of these methods and see what works best for you.
What do you plan on doing to make $500 a month?
– 5 Ways to Make $5000 a Month
– How Does a Blogger Make Money? 9 ways explained