Last Updated on October 5, 2020 by NandiNN
How to Make An Extra 500 a month
How would you feel if you could make $500 a month? Or what would an extra $1000 month do for you or your family?
If you are looking for ways to make extra money this month, we can give you a few tips to get started.
Personally, I like to come up with a few creative ways to make money for my family each month as it lifts any financial stress from me.
If I can make an extra $500 this month, and maybe $600 the next month, this is all extra money that I can use to pay off debt faster or add to my savings account.
Either way, making extra money from home is always the ideal situation for me.
Finding a part-time job is also an okay route to choose if you are looking for extra ways to make extra money, but with a baby and the job economy, this might not always be the ideal situation for everyone.
Today, we really wanted to focus on easy ways to make $500 a month online! It is very possible, as long as you have the right tips and direction to go by.
How Can I make $500 Fast Per Month?
Sometimes life can throw us some crazy curve balls and the only way to get out of it is to make that extra cash!
Emergencies do happen, unexpected expenses tend to pop up when least expected and life can sometimes get the best of us!
If you do not have that emergency binder and fund that we talked about or you just need that extra $500 a month to get through a huddle, our tips today should get you by!
All you need to do is to be dedicated and work hard.
So how can you make an extra 500 a month?
Before we get started on how you can make $500 a month, we did want you to follow us on Facebook for more awesome ideas on saving or making more money. You can also follow us on Instagram for more tips.
We also wanted to take the opportunity to let you know that we use Affiliate links on some of our blog posts. This means that we could make a commission if you click on an affiliate link and purchase something. Please check out our full disclaimer and policy page here.
Ways to Make $500 A Month Online or From Home
For many people, the hardest thing about making money from home is finding the right thing to do.
It can be difficult, at first, to figure out how to make money and pursue realistic financial goals.
This guide is here to help you develop those money-making habits to get you started right away and start adding extra money to your savings account each and every month or to help out where you need it the most.
With these tips, you can start to make $500 a month and then the next step is learning how to make an extra $1000 a month from home and keep growing from there.
Are you ready to make some extra money?
Tips that the frugal don’t share about saving money
10 Epic Money Saving Blogs for Frugal People
Simple Steps For Earning Extra Money
The first step to learning how to make $500 a month or even how to save money each month is to figure out exactly how much you spend each month, and this means tracking your many expenses.
This could mean simply looking at your bank statement to see your debit or credit card purchases, but make sure to also include gas, groceries, and coffee habits, along with mortgages, and other large amounts.
Then from here you can make a budget and work to organize your expenses into that budget.
It should outline your expenses, your income, and your future goals.
Overspending is a real reality without a budget, so it’s best to really examine your budget, especially when considering those things that don’t occur each month, like seasonal bills.
You can find a list of amazing FREE Monthly Budget Template Printables to start your budgeting.
Once you better understand where you stand financially, you can then start to make a plan to make $500 a month if your budget desperately needs this.
Schedule Automatic Savings to Make $500 this month
Ensure that your household budget is completely accurate before going to this next step.
Once you’ve developed your budget and you have a better grip on your spending habits, it’s time to automate your savings account.
If your income automatically goes into your savings account, there’s no way to spend it before you manually put it into your savings.
This can happen by automating a direct deposit from your employer or setting up your checking account to do send money to your savings account on payday.
This is a great feature especially if you want to save money each month
You can also grab our no spend planner to help manage your current expenses. Who knows? This might just add up to an extra $500 a month for you.
Make An Extra $500 Per Month
If you’ve taken some time to calculate your budget and an extra $500 doesn’t look like it’s in the cards, and you can’t cut back on any other expenses like subscription services, then it’s time to consider making some extra money each month.
It is a great idea to add some extra income in order to help you save money each month.
This will also allow you to live more comfortably and stop you from going into debt or even more debt if you are already heading that direction.
That’s why this post is perfect for people looking for ways to make an extra $500 per month.
What should you do with the extra 500 per month you make?
When I get a lot of questions like these, how can I make an extra $500 a month? It sometimes makes me wonder.
First, why you need that extra cash.
Personally I would:
- Per off debt
- Start an emergency fund using these tips
- Pay off my car and house
- Put extra money in my daughter’s fund
But whatever your reason for wanting that extra cash, we hope these tips help you.
Brilliant Hacks on Becoming Debt Free without filing for bankruptcy
17 Simple Business Ideas For Women To Make Extra Cash
How to Make $500 a Month:
1. Become a Freelance Writer
Make an extra 500 a month by becoming a freelance writer. Start as simple as creating a profile on one of the online freelance websites like up work or Fiverr.
Anyone interested in making money as a writer, graphic designer, accountant, translator, programmer, developer, salesperson, marketer, or virtual assistant can do so online.
If you are ready to get paid to blog and write articles from home, then is absolutely something you should consider to make extra money.
There are always over 100,000 jobs listed on up work or Fiverr.
If you wanted to be a freelance writer, for example, you can create a profile for free and then start looking for jobs.
It’s actually possible to find writing jobs that pay around $30 an hour, which means an extra four hours of work each week could be another $500 in your account.
This is an amazing way to make $500 a month!
But what if you are not sure what to write about?
Then you, my friend, are in luck!
Be sure to grab this freebie list of over 200 niches that accept freelance writers.
What you will need to become a freelance writer and make an extra 500 a month:
- A niche you want to write about
- A portfolio
- A list of potential clients
- An Income tracker like this one
- Internet & a computer
|Read to make an extra 500 a month as a Freelance Writer? Start by enrolling in a freelance writing course run by someone who has been successful as a freelance writer|
Sure-Fire Ways to Finding Freelance Writing Gigs that Pay Well
10 Tips to Kickstart your Freelance Writing Career off the ground
2. Start a Baby Equipment Rental Business
If you are a stay at home mom, this side business exactly what you should look into starting!
You can start your own Baby Equipment rental business and start earning as much as an extra $600 per month!
BabyQuip provides the infrastructure and platform for you to build a successful baby equipment rental business.
BabyQuip Independent Quality Providers work from home and run their own business renting baby equipment to traveling families, grandparents hosting grand-kids, families relocating, and more!
You can find out more about how to start your Baby Equipment Rental business right here!
This is a growing career that you should definitely look into starting.
3. Become a Freelance with Stella and Dot
I was able to make a good $400 on just one weekend as a Stella and Dot Associate!
I definitely went on to make much more money after that but as you can see, you can definitely make money with them.
For those wondering how to make $500 a month, this is for you.
If you are interested in becoming a Stella and Dot Associate, which we highly recommend, please sign up here!
If you want to read more about how I was able to make money using this easy side job, you can find it here.
4. Make $500 a Month Blog Flipping
Honestly, you can make more than $500 a month online with this amazing side hustle.
You can actually make $2,500 a month flipping blogs if you devote your energy and time to it.
So what exactly is blog flipping?
Blog flipping is buying a Blog or building a blog, then selling it (flipping it) for a profit. It works just like house flipping.
When you flip a house, you purchase a property below value or at a really great deal, then make improvements and sell it a profit.
Blog flipping works the exact same way.
Website Flippers University takes you through the website flipping journey
Ready to learn more about how to make an extra 500 a month? Consider flipping blogs!
People are flipping blogs and selling them for profits almost every month.
You definitely want to ensure your blog is valuable if you want to make at the very list $500 with it.
This means you it is set up and has at least these qualities:
- Making money – here is what I recommend you do to make money with a blog
- You have ads running – Mediavine or Adthrive as your ad agencies
- And that you are using affiliate marketing on your blogs
The Website Flippers University takes you through everything you need to set up, monetize, and flip your blog for a profit.
5. Make $500 A Month As A Pinterest Virtual Assistant
If you want to work from home and you are looking for ways to make $500 a month online using Social Media, then this is for you.
You can become a Pinterest Virtual Assistant which is an upcoming popular work from home job. A lot of people are becoming Pinterest VA because it is literally so easy to do!
If you are a beginner Pinterest VA, you can expect to charge as low as $15-$20 per hour.
As your business starts to grow and expand, your hourly rate can increase to as much as $75-$100 per hour.
You can get more information about becoming a Pinterest Virtual Assistant right here!
You have the potential of making about $4000 a month as a Pinterest VA, so I really encourage you to give it a try.
If you want to know other ways to make money on Pinterest <– read this post today!
Become a Pinterest Virtual Assistant that Actually Makes Good Money
6. Learn how to make $500 a month passively
Passive income is when you make money without actually putting in hours.
If you want to know more about amazing Passive income ideas read this blog post.
However, some of my favorite ways of making some extra passive income are typically done by participating and earning money via investment opportunities.
A great place to start with that is with Lending Club.
Lending Club makes it easy to participate in one of the best passive income opportunities online!
You are able to lend money and get a return plus 4-10% interest totally risk-free!
You would be lending out your money for other people to use and getting paid back with interest. You can lend out money as low as $25.00.
This is my favorite way of making extra money.
Try it out, especially if you are trying to make $500 a month each month!
7. Earn $500 a Month by Referring Links to Friends
How can I make an extra $500 a month with little effort?
Did you know that you could earn money by inviting friends to use services and programs that you like and are already using?
This means you are familiar with them and recommending them won’t cost you a thing.
It could only make you some extra cash each month, depending on which of your friends actually sign up for your offer.
Here are a few ways I earn money by referring links to friends:
- Referring Friends to Airbnb – Earn $25.00
- Get Paid for Referring friends to Stella and Dot
- Refer a Friend to Rover and Earn $20.00
Find more creative ways to make money on the side by referring friends in this blog post!
We listed so many great opportunities you should try today in order to make $500 a month.
Make Money While Traveling – 7 Genius Hacks to Getting Paid to Travel
13 Genius Ways To Make Money on the Side Every Month
9 High Paying Side Jobs that can become your Full-time Income
8. Earn Money by Teaching English Online
Teaching English online from home is fast becoming a popular trend due to the fact that it pays really well.
If you are looking for ways to make $500 a month online or more, then you should consider teaching English.
Most places do not require you to have a degree or even past experience which makes it the best opportunity to earn some money from home.
My most recommended place to find English teaching jobs are:
Ready to earn money by teaching English online? Tell us how it goes.
So many people have jumped the wagon and are happily teaching English online to earn extra money.
If you really want to make $500 a month to help with your finances, this might just be your gig. Read my full review about this gig right here.
9. Become A Part-time Proofreader
Are you good at picking out grammatical errors?
Do you have great attention to detail or just love to read and edit?
Then you, my friend, can become a proofreader and earn extra money from the comfort of your home.
There are a lot of online businesses and bloggers that are in the need of proofreaders so the demand is absolutely there.
As a proofreader, your job may include you reviewing different content and checking for grammatical errors, spelling, and formatting.
If you want to become a proofreader sign up for this amazing free proofreading webinar about how to build a proofreading business in just 30 days!
You can look for more proofreading jobs on sites such as Flexjobs, EditFast, Scribendi, Upwork, and many more.
You can even start your own freelance proofreading online business which will allow you to set your own rates, pick your hours, and run the business as you like.
Expect to make an extra $25-45 an hour as a proofreader.
It’s the best way to make an extra $500 per month every month.
10. Make $500 A Month Selling Printables
If there is one creative way I encourage to make extra cash, it’s by selling printables online for a profit.
I am so obsessed with making printables as I know how profitable they are.
If I can create something simple and have it make me passive income every single month, then you know I am doing it.
A good blogger friend of mine, Sarah Titus was able to make over $2 Million a year selling Printables and this only got me really curious.
Be sure to watch the video below to see exactly how a stay at home mom was able to make over $6K+ per month selling Printables!
This is why I truly believe for those looking for ways on how to make $500 fast online, should truly explore this business venture.
I learning everything I need to know about making and selling printables from Suzi!
If you really want to make 500 a month, then try out the Printable side business.
11. Start a Profitable Online Store with Shopify
We already discussed selling printables for a profit.
Why not start a store that houses your printables?
Or you can simply start a profitable online store with Shopify and sell other things.
This is the best way to make 500 a month!
As you may know, online stores have become extremely popular over the last couple of years and they seem to keep growing in popularity.
I started my own wedding store this year and it has been nothing but profitable. I am so glad I made that decision as I can now make a steady $500 extra a month with little effort.
Not sure what to sell?
Here are a few amazing ideas:
- Try selling physical products, for example, art or DIY items
- You could try drop-shipping with Shopify which is a very popular route for a lot of successful women entrepreneurs – This is when you use other people’s products to sell on your own store! Shopify has a great tool to help you with this in case this is an option for you!
- You could sell digital products which will be a big part of my store (Printables are huge sellers)
You can also find the top 13 things to sell in Shopify that make the most money!
Shopify is the platform I use and highly recommend.
They have extremely professional templates and I have done tonnes of research on them that’s why I chose them.
Plus they offer a 14- day free trial!
12. Make An Extra $500 A Month By Using Legit Survey Sites
There are a lot of scam survey sites out there!
But did you know that they are some legit survey sites you can use to get FREE cash? Yes, I have used them multiple times and they pay using PayPal!
For example, my favorite online survey is SurveyRewardz or even InboxDollars!
And if you want to get free gift cards, be sure to participate in these online Surveys that will reward you with gift cards:
Swagbucks and MyPoints!
These are the 4 I use frequently especially if I am trying to make extra cash.
By participating in online surveys that are legit, you have a better chance of making that extra $500 a month that you really need!
There you have it!
13. Get Paid For Your Opinion
Did you know that you can get paid for sharing your opinion?
Yes, you can!
Now can you imaging making an extra 500 a month just for sharing your honest opinion?
There are brands and businesses who care about your opinion or what you have to say and they are willing to pay you for this opinion!
One of my favorite apps for sharing my opinion is MyPoints!
Sign up for MyPoints here!
With MyPoints, you can earn $5 when you take 5 surveys today.
When you sign up using the link above, you will get invited to new surveys. When you do the surveys you will earn points for giving your honest answers.
Redeem your points for gift cards from your favorite brands or cash via PayPal.
You can also use Swagbucks – you can find out how I was able to make over $500 with them easily right here!
Get paid for your opinion using our top brands!
That’s everything you need to know about how to make $500 fast!
Choosing Something to Save For
In the end, to find the motivation to cut back on the expensive coffees or work extra hours as a freelancer, it’s really important to choose something to save for.
Short-term goals may include emergency funds, down payments, or even fun things like a vacation or wedding.
What will you be saving for? Why do you need more money?
When you know your reason why you need that extra money or extra income, can better understand your priorities when it comes to saving more money each month or even making extra money on the side.
Are you ready to make $500 a month? If so, we want to hear from you. Tell us your plans in the comment section below.
You can find more money-making ideas right here. Or you can check this list too:
- Try Becoming a Pinterest Virtual Assistant
- Consider teaching English Online As a Second Language
- Start a $2500 a Month Side Business Flipping Blogs
- Start a Baby Equipment Rental Business
- Learn How to Start A Successful Virtual Assistant Business
- Start a Blog and Make Money from It
- Here is how you can get paid to Blog and Write Articles from Home
- Make $47, 000 A Year Proofreading Anywhere
- Make Money As An Online Virtual Bookkeeper
Want to make an extra $500 a month, read this next:
Don’t forget to pin this post here to your work from home job board.
If you enjoyed our blog we would like to have you join our email list and receive weekly money-making tips, you can join now! Don’t forget to like the Facebook page. The page is created to share your work, pitch your services, and learn from other experienced bloggers!
***We would like to note that this post and most posts on our blog may contain affiliate links. This means that if you purchase something that has an affiliate link, we will get a commission from it. Not all items recommended on our site are affiliate links. We only recommend items that we have used and tried. These items have brought us much success and we highly recommend them to you in order to be successful. Thank you for your trust!