How can I make an extra $500 every month? Tips For 2023

Ready to make extra $500 every month? Let’s dive into this story.

Amidst the vibrant rhythms of a lively party, a stranger’s voice reached out, carrying with it a sense of urgency and a plea for assistance.

“I’m barely staying afloat,” Jen’s words echoed. “An extra 500 bucks each month could really change things.

” Her tone held a mix of desperation and hope, and in that unexpected conversation, a connection was forged – a connection that transcended the celebratory backdrop.

In those moments, I found myself drawn into a candid exchange with Jen, a face I had never seen before.

It could have been my reputation as a good listener that led her to share her financial struggles so openly.

Though my past experiences suggested that this quality was valued, it seemed to have limited practical impact.

Nevertheless, for that brief interval, I was all ears, and our conversation took on a life of its own.

Anyway, it was getting late and the party was lagging, so I started brainstorming ways my new best friend could make an extra $500 every month. We had to discover activities she could do outside of work hours because she already had a terrible paying job in some aspect of digital marketing.

How can I make an extra $500 every month?

Forget Online?

I surprised her by suggesting that it would not be the best course of action to rely only on online resources.

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You see, it might be rather difficult to consistently earn $500 per month from assignments only done online.

Those online polls won’t pay you that much, and starting a successful blog in your spare time? Well, that often won’t bring in the money right away.

That’s because it takes time to build an audience large enough to generate a sizable income.

So we made the decision to focus on opportunities in the real world. But wait, that doesn’t mean we ignored the online world entirely.

Going Old School

The list below was created toward traditional methods of earning extra money.

  • Pet Sitting & Dog Walking: Imagine earning $15-20 per hour simply by visiting homes to care for and walk pets.

It is not just about making money; it’s providing a crucial service.

The demand is consistent, and building a loyal clientele can gradually guide you toward that $500 monthly goal. You could advertise on Craigslist & local online boards.

  • Lawn Mowing: The hum of a lawnmower can turn into a melodious source of income.

Charging less than established landscapers can create a niche for yourself.

Think about elderly homeowners who might find lawn maintenance challenging.

Mowing ten lawns a month at $30-$40 each could take you close to your target. You could advertise on Craigslist & local online boards.

  • Babysitting: Often overlooked by adults as a means of income, babysitting remains a lucrative endeavor.

With parents willing to pay a premium for responsible adult sitters, you can command a respectable hourly wage.

Platforms like Sittercity and Craigslist serve as excellent avenues to showcase your availability.

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The benefit of these old-school concepts is that you are paid for your time and effort without having to spend a lot of money on supplies and advertising.

And the income is adequate, even if it does not meet the standards of a “professional” employment requiring a degree.

What’s else?

Our journey did not end with tradition; it moves into other ways that require effort and innovation:

  • Uber/Lyft: If you own a car, you’ve undoubtedly already considered this.

You are effectively becoming a cab driver here, earning decent money but having to deal with people leaping into your vehicle.

Some people will benefit from it, but not all. (And not for my new pal Jen, who responded, “No way am I doing that!”)

  • Taskrabbit: This ingenious platform connects your skills with people seeking help for various tasks.

From assembling furniture to running errands, Taskrabbit offers a diverse array of opportunities.

The more skills you possess; the more doors open for supplemental income.

  • Night & Weekend Temp Jobs: Opting for temporary work during nights and weekends offers flexibility. Local temporary agencies often have roles in warehousing, event staffing, and more.

You might find yourself photocopying blueprints or catering at an event, but each task contributes to your extra $500.

500 Aren’t Easy

Making an extra $500 every month isn’t easy, but I don’t think it’s impossible.

The issue is that many individuals want extra money and believe that someone will come down and pay them $25 per hour to watch Grey’s Anatomy reruns.

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This kind of magical thinking is what leads to individuals being fooled by scam offers that promise a lot of money for very little effort.

You’ve heard the expression, “If it sounds too good to be true, it probably is.”

In summary, As I reflect on Jen’s journey, I wonder which of these avenues bore fruit for her.

Our paths converged for a fleeting moment, both fueled by the desire for financial stability.

The quest continues, for an extra $500 is not a distant fantasy; it is a tangible goal within reach, waiting to be grasped through ambition and determination.

The key lies not just in listening but also in acting – in embarking on the journey to financial freedom, one step at a time.

Frequently Asked Questions

How can you make $500 in passive income per month?

Passive income of $500 a month can be generated through savings accounts, certificates of deposit, equities, bonds, funds, and other investment vehicles. Each provides a different rate of return, level of safety, convenience, and liquidity.

Where to get $500 dollars fast?

Practical ways to make $500 fast

  • Pet sit for other people
  • Become a freelancer.
  • Drive passengers with Uber or Lyft.
  • Build an emergency fund.
  • Deliver food or groceries with DoorDash.