How To Make 500 Dollars Fast: 17+ Legit Ways To Make $500 Quick (When You Need Cash Fast In 2020)
Are you looking for additional ways to earn extra cash or maybe in a pinch and asking yourself how to make $500 dollars fast? Trust me, you aren’t the only one looking to make 500 dollars fast. Thankfully, there are a number of great opportunities to make extra money quickly.
According to a study by Bankrate, more than half of U.S. millennials are running side hustles in order to pick up extra cash outside of their regular day jobs. With the average monthly earnings being almost $686 per month across all age groups according to that same study.
So whether you’re looking to pad your bank account for an upcoming purchase or might be short on cash for this month’s bills, you have the ability to reach whatever those financial needs might be. With a combination of time, skills, experience, a healthy body and/or a smartphone, car, and apartment, you can make 500 dollars (or much more) in a short timeframe.
Ideally you’d be spending time outside your 9-5 career (or school) building a scalable business like a blog, podcast, YouTube channel or net-new entrepreneurial endeavor. However, sometimes you just need to make money quick and can’t wait for those longer term seeds to grow.
That’s where these legit ways to make $500 fast like the 17+ opportunities below come in.
1. Sell Your Excess Stuff For Cash To Make Money Fast
One of the most surefire ways that the majority of people can make money fast is often available all around their home. Your garage, closets, drawers, storage unit and every room of the house are full of cash.
Not literal cash but money making opportunities in the form of excess “stuff” you’ve accumulated over the years. These items might be things you rarely use, have stored away and forgotten about or just don’t deliver any value to your life.
- Books, CDs, DVDs, collectibles
- Video game consoles, TVs, smartphones
- Clothes, shoes, seasonal items
- Sporting goods, old toddler toys, bikes
Can I Make $500 Fast By Selling My Stuff?
Yes, you can easily make $500 fast by selling your stuff. Depending on how much stuff you have and the value of it, this could be the most optimal way to get to $500 quickly. So what avenues can help you sell effectively?
The Facebook Marketplace has become a reliable avenue to turn you excess stuff to quick cash. It’s position within the market has essentially replaced Craigslist as it connects you with local buyers quickly.
The “professionalism” of the buyers on Facebook seem to be at a higher standard than Craigslist. Whether it’s furniture, electronics, clothes, vehicle parts or anything in between, chances are if you list it on Facebook Marketplace you’ll sell it fast.
Decluttr is an online platform that helps you clear out clutter in your life and make money doing it. It’s specialty is electronic, tech items, video games, DVDs, etc. and even LEGO.
You simply scan the barcode (ISBN) of the item with the Decluttr app and Decluttr gives you an immediate offer. They then send you a prepaid shipping label and finalize your payments after they’ve received your items.
Sign up today for Decluttr for free and start making money today.
Another one of the best options to make money fast by selling your stuff is the tried and true eBay. You’re immediately connected to millions of potential buyers and their system, processes and interface are designed for quick selling.
Do some quick research on similarly listed products and recently sold products to determine your price. Take some good photos on your smartphone, write up a description and list it.
If you’re interested in potentially flipping products for profit on eBay, this article can help you determine how to get started.
2. Tutor And Teach To Make Money Online
Your reading, writing, speaking and overall comprehension skills of the English language (and other languages) can unlock a number of money making opportunities. Whether it’s tutoring ESL students online, teaching one-off tutor clients a specific subject or translating, you can help your quest to earn $500 quick.
Can I Make 500 Dollars Fast Online By Tutoring Or Teaching?
Yes and no. Technically if you used all your evenings and a weekend you could likely earn $500 through these different methods. However, filling that demand will likely be the toughest part. What avenues are available to use your language skills as a money making avenue?
Tutor With VIPKID
VIPKID is an online video chat platform that teaches students in China English and pays $14 – $22 per hour. The hours are flexible around your schedule and the work is location independent. You teach 25 minute lessons that require minimal prep or post work.
In order to be with VIPKID eligible you must:
- Be a native English speaker with a North American accent
- Have completed a bachelor’s degree
- One year experience with youth – this can be VERY flexible: teaching, coaching, Sunday school, scout leader, tutoring, swimming lessons, etc.
After applying and getting accepted you will receive some onboarding from an existing teacher.
REGISTER FOR VIPKID NOW
Make $20 Per Hour Teaching English With Education First
Education First is the oldest and most respected brand in English teaching and tutoring. For over 50 years, they have been helping millions of students around the world learn the language. The company continues to expand the number of students on their platform, providing more opportunities for people like you to make money teaching.
Teachers with Education First earn up to $20 per hour teaching English to kids in China. As with online tutoring jobs, one of the best benefits is the ability to work your own schedule and be flexible with hours.
Education First teaching gigs are available to:
- US and UK residents that hold Bachelors degrees in any field
- Prior teaching experience in education, tutoring, mentoring, or homeschooling is required as well but this is a very flexible definition
- Must have high-speed internet, a computer and webcam or microphone.
The students are based out of China and fall in the 5-10 age range. Your teaching lessons are 25 minutes long and you aren’t required to prepare anything in advance as all the materials are developed by Education First.
If you want to teach English online and make up to $20 per hour, get started with Education First today.
APPLY WITH EDUCATION FIRST AND START MAKING MONEY
Become A Tutor On Course Hero
Another great opportunity to make money tutoring is with Course Hero. This flexible online tutoring company allows you to set your own schedule, work from anywhere and take advantage of the gig economy.
It’s a Q&A based tutoring process where students ask questions and tutors support with in-depth answers. There are over 10 million students connected to the platform looking for help on various Sciences, Economics, Accounting, Technology, History, Business and dozens of other subjects.
You aren’t required to hold a teaching certification or designation. However, you will need to show your knowledge of the subjects you’re looking to tutor before you can start earning on Course Hero.
Their top tutors earn over $500 a week working part-time and on their own terms. That is likely the exception to the rule but does highlight the opportunity to earn some real cash on Course Hero.
SIGN UP AT COURSE HERO TODAY
3. Take Paid Surveys To Make Money Online In Spare Time
Paid online surveys aren’t going to make you 500 dollars fast on their own. Unfortunately, the ROI of time required to payout received won’t make it the most lucrative way to hit $500 quick. However, proper use of these different platforms can certainly help you get to that goal.
These websites (and apps) provide you smaller sums of cash for completing tasks such as taking surveys, watching videos, searching online or other digital tasks. So when is the best time to use these platforms?
On the commute to work, relaxing at home on the couch, during your lunch break, on the toilet (sorry), in the waiting room for an appointment, etc. Basically if you have some downtime and want to make some money fast, these services help.
Can I Make $500 Fast Online With Paid Surveys?
No, surveys and digital rewards platforms won’t make you $500 fast on their own. These are microtransactions and will only build to a larger sum over time. However, if you’re looking to earn extra cash quick in a short timeframe these sites or apps can give you a boost. Plus a number of the platforms below offer a free sign up bonus after registering.
Swagbucks – $5 Free Bonus
Swagbucks is one of the most popular digital rewards platforms. You can generate PayPal cash by answering surveys, playing videos or any of 7+ more ways to earn rewards. Plus you get a free $5 bonus when you sign up. Check out my full review on Swagbucks here.
SIGN UP FOR SWAGBUCKS AND GET $5 FREE
InboxDollars – $5 Free Bonus
InboxDollars is an American site that offers free cash rewards for watching TV, taking surveys, or making purchases online. Best of all InboxDollars offers a free $5 welcome bonus offer once you register.
SIGN UP FOR INBOXDOLLARS AND GET $5 FREE
PineCone Research – $3 Per Survey
PineCone Research is one of the most popular and rewarding survey websites that provides their users with $3 per survey completed. After you’re ready to cash out, your money will be sent directly via cash or to your PayPal account. Register for PineCone Research today and start earning.
SIGN UP FOR PINECONE RESEARCH AND EARN $3 PER SURVEY
MyPoints – Free $10 Welcome Bonus
MyPoints is another popular and large scale digital rewards platform to help you make money from your phone.
Similar to the other services above, there are a number of ways to earn cash. MyPoints pays you to take surveys, watch videos, play games, shop online and read emails. They have paid out over $236 million in gift cards to date.
You’ll earn a FREE $10 Amazon gift card after making your first online purchase at one of their 1,900+ retailers through their platform.
SIGN UP FOR MYPOINTS AND EARN A $10 AMAZON GIFT CARD
SurveyJunkie – High Volume of Surveys
SIGN UP FOR SURVEYJUNKIE TO START EARNING NOW
Daily Rewards (Canada) – $5 Free Bonus
DailyRewards is the Canadian counterpart to Inbox Dollars mentioned above. You’ll be rewarded for watching TV, taking surveys, or making purchases online. They offer a free $5 welcome bonus offer for signing up and your pay outs are made via cash or gift card.
SIGN UP FOR DAILYREWARDS AND GET $5 FREE
4. Donate Plasma To Make Money Quickly
One way to help you make 500 dollars fast that isn’t discussed as often is the ability to sell your plasma for cash. Yes, the clear liquid part of your blood (plasma) can help you generate additional income quickly through donation.
So what exactly is plasma?
As defined by Donating Plasma, “it’s the clear, straw-colored liquid portion of blood that remains after red blood cells, white blood cells, platelets and other cellular components are removed. It is the single largest component of human blood, comprising about 55 percent, and contains water, salts, enzymes, antibodies and other proteins.”
In terms of making money and the ins and outs of doing so, this post from Jim at Wallet Hacks covers everything you need to know to decide if donating your plasma for money is right for you.
Can I Make 500 Dollars Fast By Donating Blood?
No, this method alone will not allow you to make $500 fast. You could earn a couple hundred in a month but because of the payouts ($25 – $50 per donation) and donation timeline constraints won’t allow you to cross that $500 threshold quickly. Depending on where you’re donating they may only let you donate once per month or twice weekly. However, it’s still a fast way to earn extra money and can help support your overall goal.
Donating Plasma is a database that lists over 600 donation centers around North America and Western Europe.
CSL Plasma has over 200 donation centers around the United States. Read through their site to understand the importance of donating, how and where to donate plus the payouts available.
5. Freelance Work To Make Money Online From Home
Every single person possesses one (or all) of these three things to help them make money fast: skills, experience and time.
Based on those factors you can freelance your skills, experience and/or time to earn cash. Thankfully, there are a number of platforms online that easily connect you with businesses or individuals needing support.
It could be graphic design, accounting, database management, creative writing or one of a thousand other tasks.
Can I Make $500 Fast From Freelance Work?
Yes, you could make 500 dollars fast by freelancing your skills, experience and time. The rate at which you’re able to do this varies widely. Your specific skills, experience and time will dictate what’s available to you and how quickly it can be done. So where can you access these online platforms to freelance?
Upwork is a global freelancing platform with millions of users and can certainly help you make $500 fast. You complete a profile that is then reviewed by the Upwork staff based on the specific categories of work you want to pursue. You can check out their full category listings for all the freelancing opportunities available.
After being approved you can bid on jobs and also post your own services to receive inbound requests from those looking for your type of work.
Freelancer is a similar platform to Upwork that matches businesses or individuals with freelancers looking to earn money by providing their services. The process is similar to Upwork and you view their categories of work to see what might differ between the two.
Either way, it’s connecting you with money making opportunities around the world based on your specific skill set.
Fiverr is the largest of the 3 freelancing platforms and also has the widest range in pay scale and work. The unfortunate side of Fiverr is you can be basically bidding from the lowest price up to receive work due to the demographic of other sellers competing against you.
However, if you have a specific skill and offer a higher, professional or specialized level of work you can earn serious money.
Here are some idea from Forbes on how to make money fast with Fiverr.
6. More (Legal) Ways To Make Money Fast With Your Body
In addition to donating blood and plasma, there are additional ways to make cash in legal, safe ways with your body. The benefit doing this doesn’t only hit your bank account but can also help save lives, further medical sciences and support those in need.
This article from Bankrate highlights 6 of these money making opportunities depending on your health, the demand and other factors.
Can I Make $500 Fast With My Body (Legally)?
Yes, you can certainly earn $500 quick through these means. Personally, for me (and many others) some of these can cause an uneasy feeling knowing your DNA will be going out into the world through another avenue but such is life and it’s a personal decision. With that said, let’s focus on 4 of these make making opportunities with your body.
Payouts for sperm donations range from approx. $40 – $120+ depending on the location and sperm bank. However, there are different stipulations donors must meet in terms of health, height, age, time between donations.
Check out the Sperm Banking FAQ to learn more about the process.
Women donating their eggs can make upwards of $8,000++ per donation. However, an article from Business Insider highlighted some potential health concerns to the women donating.
It goes without saying that I’m not a doctor or a woman so I won’t say anything other than the above and to of course consult a medical professional.
Take Part In A Clinical Trial
The National Institute for Health runs a searchable database for clinical studies. If you meet the specific requirements, suffer from specific medical conditions and are a willing participant, there are money making opportunities available.
Again, I’m not a doctor and anything regarding your health needs to be vetted by medical professionals.
Long, good condition hair can fetch a fair return from wig makers, artists and costume designers. How much? There are examples of people earning over $1,000 for their hair and hundreds of completed sales on industry leading sites over the $500 mark.
7. Deliver With DoorDash For Extra Money Fast
The gig economy has opened a whole new collection of money making opportunities. One of the most popular is serving as the delivery middleman for restaurants and customers. A leader in the space is DoorDash.
As a Dasher, you make money by bringing meals, drinks and food from local restaurants, shops and diners to residents in the area. Most restaurants don’t have inhouse delivery services so this is where companies like DoorDash and you come in.
DoorDash has relationships with over 300 restaurants in the United States and Canada. Dashing can be done via bike, scooter, car or foot.
How can you qualify? You just need to be 18+ years of age, have a smartphone to access the app, a valid SSN/SIN and drivers license (if driving).
Sign up today for free with DoorDash and starting making money today.
LEARN MORE ABOUT DOORDASH AND HOW TO MAKE MONEY FAST
Can I Make $500 Fast With DoorDash?
Similar to the part-time and temp jobs above this is controlled by the time invested. So yes, you can make $500 fast but it’s likely going to be in combination with some of these other methods listed. Gigs will earn you anywhere from $5 – $25 depending on the distance. Some Dashers have been quoted with saying their hourly rate is $18 – $25 per hour.
8. Rent Out Your Place (Or A Room) On Airbnb For Quick Cash
The quickest way to earning $500 fast could be through Airbnb. With a simple listing of your entire house/apartment or by renting a single room, you can turn around well over $500 in less than a week.
So how do you get started? First off, do some research on the pricing in your area and whether any events, conferences or major celebrations might be taking place.
Next, clean up your place to take some high-quality photos. Then it’s time to create a compelling Airbnb listing (photos, description, rules and price point). Finally, Airbnb connects your listing once live with prospective renters from around the world.
If you want a step-by-step guide to earning money fast with Airbnb, check out this post from Thrifty Nomads.
Can I Make $500 Fast With Hosting On Airbnb?
Yes, 100% this is a surefire way to make $500 fast in an easy manner if done properly. Whether it’s for a week, weekend or select number of nights, you can turn your apartment or house to a quick money maker on Airbnb.
9. Work Part-Time Or Temp Jobs To Hustle Extra Money
Thankfully there are always businesses and individuals looking to pay people like you for their time, hustle and support. These might not be the most glamorous jobs but in terms of earning $500 quickly, these different part-time and temporary type of jobs will work.
What types of jobs are we talking about?
- General Labourer
- Brand Ambassadors
- Promotional Gigs for Special Events
- Administrative Assistants
- Short-Term Warehouse Jobs
Can I Make $500 Fast Through With Part-Time Or Temp Jobs?
Yes, but the “fast” will depend on the amount of time invested. These types of jobs are trading hours for pay but whether it’s on the weekend or on your weeknights, you can definitely make $500 in a couple of days.
10. Use Rovers To Make Money Walking Dogs
Rover is a popular service that pairs paying dog owners with prospective walkers or boarders like you. The work required might be an extended week of dog babysitting or walk in the evening, either way it’s an easy avenue to making more money.
If you’re a fan of canines and live in a busier city in North America, there should be plenty of Rover listings in your area.
There are actually 5 signature services available for you to make money with Rover:
- Dog Boarding
- House Sitting
- Dog Walking
- Doggy Day Care
- Drop-In Visits.
You can get a free $20 credit to your account with sign up to Rover today and start earning extra money by hanging out with dogs.
Can I Make $500 Fast With Rover?
Yes, especially with Dog Boarding gigs. In these jobs, you’re welcoming a dog (or dogs) into your living space for a specific timeframe. You will be feeding, walking and looking after these dogs while their owners are on vacation, busy, etc. You can earn $500 by boarding dogs for a week and perhaps picking up some additional walks in the evening.
11. Rent Your Car With Turo To Make Passive Income
If you own a car you can use that asset to help make $500 fast in order to reach your financial goals. While you could drive with Uber or Lyft, you can also take a more passive income approach to making money.
Turo is a platform that allows you to rent your vehicle to prospective renters. They might be visiting for vacation or just a local that doesn’t own their own car. Either way you can turn that demand to extra cash.
It’s free to list your car and you’re covered with Turo’s commercial insurance policy with $2 million in liability insurance.
Can I Make 500 Dollars Fast By Renting A Parking Spot?
No, I don’t think renting on Turo will be a standalone method to earn $500 fast. Could you earn over 500 dollars in a month? Yes. Could you technically earn $500 quick? Yes, with a luxury or specialty vehicle you could make more money. No matter what, it’s a passive way to help you earn extra cash by using an asset you already earn.
12. Rent Your Parking Spot To Make More Cash
Another money making opportunity in the same mindset as passive income around vehicles is by renting your parking spot (or driveway) out. If you own a parking spot in your building or a parking lot (that legally allows rentals), you can turn that real estate to money. You can also do this with your driveway.
You could do this by creating your own listing on the local bulletin board or online message board for your building. Or using Craigslist or another directory. Or use one of the popular specialized apps and services.
Can I Make $500 Fast By Renting Your Parking Spot?
No, this won’t make you $500 quickly. However, every dollar counts and can quickly add up if you’re using some of the other methods we’ve discussed. You can likely earn anywhere from $100 – $300 in a month depending on the location and demand. So what apps or services can you use?
Just Park (USA & UK)
Just Park gives American and UK residents the opportunity to rent out their driveways, garages or parking space.
Rover Parking (Canadians in Toronto, Montreal & Ottawa)
Rover Parking is a platform for Canadian residents in Toronto, Montreal and Ottawa to use as a listing service for parking space rentals.
Your Parking Space
Your Parking Space is another great platform (over 250,000+ listed spots) for residents of the UK to turn their parking spots into a revenue generator.
5 More Easy Ways To Make $500 Fast (Or Help You Get There)
13. Gigwalk To Make Extra Money
Gigwalk is another free mobile app that can help you make money fast. The Gigwalk app is available in both Canada and the USA on Apple and Android.
After you’re set-up and registered you can apply for Gigs through the map or Gig List. You can pick Gigs that take anywhere from 5 minutes to a few hours or based on how much you want to make – from $3 to $100 or more.
Gigs are posted by consumer brands seeking visibility into the conditions of their products or events. They are looking to verify products are available on the shelf and displayed/priced correctly or that marketing events are done accurately and on-time.
Download the free Gigwalk app and start to earn some cash.
Can I Make $500 Fast With Gigwalk?
No, this won’t make you $500 quickly. Similar to some of the other money making opportunities above, Gigwalk is one piece of the puzzle. It can earn you a couple hundred over a week or two but the amount of Gigs available might limit your chance to really push the profits past $500 in short order.
14. Earn Cash Back From Everyday Spending With Shopping & Groceries
Another micro-transaction opportunity to chip away at earning additional cash is to make money on the dollars you’re already spending. Sure, you definitely won’t get rich this way but you can certainly put some extra bucks in your account.
There are two main cash back services that I prefer – Ebates for online shopping and Checkout 51 for groceries.
Can I Make $500 Fast Through Cash Back Apps Like Ebates & Checkout 51?
No, this definitely won’t make you $500 fast. You likely can’t earn $100 fast with cash back unless you’re doing some major purchases online via Ebates. These cash back opportunities are meant to be side hustles or standalone cash generators, they’re micro-transactions.
Ebates – Free $10 or $5 Welcome Bonus
Ebates is the most popular of the cash back platforms in terms of total users and familiarity in the marketplace. The Ebates website, app and browser extension give you access to almost every major online retailer (2,500+ stores and counting). Including Amazon, eBay, GroupOn, Expedia, etc.
You aren’t changing your shopping habits or spending any more money, just clicking through your Ebates account before shopping online.
START SAVING BIG MONEY WITH EBATES NOW
Checkout 51 – Free $5 Welcome Bonus
Checkout 51 is another app to help you earn cash back rewards for grocery and household item purchases. They include a wide-range of product offerings all with a set cash back value and also release ongoing weekly promotions and one-off deals to help you push your earnings further.
Browse the deals, do your normal shopping and once home, upload a photo of your receipt with your phone to earn cash back.
You can get $5 FREE when you use this link and upload your first 3 receipts with Checkout 51.
DOWNLOAD THE CHECKOUT 51 APP AND GET $5 FREE
Ibotta – Free $10 Welcome Offer
Ibotta is another popular cash back app that helps you make money on your grocery shopping. Their partner network of stores is extensive and they have new timely offers to keep you earning cash back.
They have paid out over $438 million to their members.
Get the Ibotta app with your free $10 welcome offer and start to make cash back today.
GET THE IBOTTA APP AND FREE $10 WELCOME BONUS
15. Test Taskrabbit To Help Make $500 Fast
TaskRabbit is a platform that connects customers with “taskers” – aka you, the individual who will perform a task for pay.
What kind of tasks? It’s a wide spectrum. Deliveries, moving, handyman jobs, landscaping, shopping, TV mounting, computer admin tasks, IKEA furniture assembly and so forth.
Can I Make $500 Fast Through Taskrabbit?
Yes, with the right type of tasks and work available you should be able to make $500 quick. Depending on the difficulty and necessity of the task, the power can really be in the taskers hands on what the price of the gig will be. You set your own rates, schedule and have the flexibility to do multiple tasks on your own terms.
16. Bank Bonuses Are Another Way To Get “Free” Money Quickly
Have you ever seen advertisements from financial institutions promoting free cash for opening new accounts? It might be $200 for a new savings or chequing account.
Chances are both online and physical branch banks in your area (country) are offering competitive bonuses to hopefully lure you in. There are various stipulations in terms of how long you have to keep the money in the account, when you get paid the bonus, taxes paid, etc. So you’ll need to make sure to read the fine print.
Can I Make $500 Fast With Bank Bonuses?
No, but this is definitely a passive way to potentially earn upwards of $200 with a single new account. So where can you find potential chequing and savings account offers?
American Bank Bonuses
Canadian Bank Bonuses
17. Do Gig Jobs On Postmates To Earn Extra Cash
Postmates is an on-demand delivery platform that is free to join, takes no fees or commissions and gives you the flexibility to earn when it fits your schedule. Essentially you’re picking up takeout food, catering and meals from restaurants in your neighborhood.
After signing up you will receive a specialty Postmates delivery bag and prepaid card, then it’s off to the races. You won’t get rich off Postmates but the one-two punch of extra income and health rewards is a nice way to help you make $500 fast.
Can I Make $500 Fast With Postmark?
Similar to DoorDash, you won’t be able to make $500 fast with Postmark. However, if the delivery gig economy type of jobs fit your lifestyle and interests, you can hustle your way to extra cash on evenings and weekends.
Conclusion: How To Make 500 Dollars Fast (Earn $500 When You Need It Fast)
Through a combination of time, hustle, assets, a phone, your car or any of the other means mentioned above, you can make $500 fast. The growth in the gig economy, online money making opportunities and borderless marketplace have truly changed the way everyday can earn extra cash.
Personal finances are personal. The same can be said for making more money and side hustling additional cash. What works for some, might not work for you.
It’s about finding a way to make extra money that fits your lifestyle, skills and abilities. However, as shown above the number of ways to make $500 fast are plentiful and will only continue to grow.
What ways are you earning extra money each month?
Are there other quick ways to make money ASAP when cash is tight?
Let me know in the comments below.
Here are some other posts on making money to help you reach your financial goals:
- How To Make Money From Your Phone For Free: 35+ Apps & Easy Ways
- 35+ Rewarding Side Hustles Anyone Can Do To Earn More Money
- How To Make Money Online From Home In Canada (60+ Ways)
- 19+ of the Best Paid Online Survey Sites For Americans And Canadians
- How To Make $1,000 Quick: 12+ Legit & Easy Ways To Make Money Fast
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