Wealthy Nickel has partnered with CardRatings for our coverage of credit card products. Wealthy Nickel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Congratulations! Just by asking the question – how to make an extra $500 a month? – you are among a select few looking to improve their financial position and achieve financial freedom.
There are many ways to make an extra 500 dollars a month (or $200 a month, or $1,000 a month). But if you’re anything like me, you get stuck in the idea phase.
Taking action and actually committing to doing something is the hard part.
As the saying goes, there are a million ways to make a million dollars, but without focusing on one thing you’ll never get there.
Here are some of my favorite ideas on how to make an extra $500 a month.
- BECOME A VIRTUAL ASSISTANT
Income Potential: $25 – $50+ per hour
Skills Needed: Not much to get started except a willingness to learn and follow directions. You can make more if you have specialized skills.
This is a broad category with lots of options to specialize in. If you don’t know where to start on your side hustle journey, I’d recommend at least trying out being a virtual assistant to see if it’s something you like.
So what does a virtual assistant do? Business owners are always in need of good people who can help them with their email, marketing, financials, creative design, etc. If you have any kind of talent or skill, you can probably find someone willing to pay for it!
Here is her list of over 150 services you can offer as a virtual assistant! I can guarantee you’ll find 2 or 3 things on that list you can start your business off with.
- WORK FROM HOME AS A VIRTUAL BOOKKEEPER
Income Potential: $60-80+ per hour
Skills Needed: No degree or experience required to get started, but you do need to be comfortable with numbers.
Becoming a bookkeeper from home is one of my favorite side hustle ideas (or even full-time business ideas). If you like numbers and the zen of a balanced bank account, starting your own virtual bookkeeping business may be for you. To make an extra $500 a month you would only need one or two clients!
There are so many small business owners out there who are great with big ideas and big vision, but need someone to help them keep their books in order and make sure they are making a profit. You can step in and be their right-hand business partner and CFO.
The best thing about bookkeeping is you can work from home with flexible hours, and there are very few startup costs. If you niche down to serving a certain type of business (say online businesses, or real estate investors) you can charge $60-80 per hour or even more.
Oh and did I mention that bookkeeping doesn’t require a degree or any certification?
How to Make an Extra $500 a Month – 7 Proven Ways That Actually Work
October 30, 2019 By Andrew 6 Comments
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ MY DISCLOSURE FOR MORE INFO.
Wealthy Nickel has partnered with CardRatings for our coverage of credit card products. Wealthy Nickel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Congratulations! Just by asking the question – how to make an extra $500 a month? – you are among a select few looking to improve their financial position and achieve financial freedom.
There are many ways to make an extra 500 dollars a month (or $200 a month, or $1,000 a month). But if you’re anything like me, you get stuck in the idea phase.
Taking action and actually committing to doing something is the hard part.
As the saying goes, there are a million ways to make a million dollars, but without focusing on one thing you’ll never get there.
Here are some of my favorite ideas on how to make an extra $500 a month.
Table of Contents
But wait!!! Before You Read Further…
You have to promise me one thing before you keep reading…
Commit to taking action TODAY!
Even if that’s just signing up for a survey app to make a few dollars while you watch Netflix later tonight. Or narrowing the list down to one idea, and writing out a few bullet points on the steps you need to take to get started.
I am super passionate about side hustles as a way to build wealth for your family (it’s how we built over $1M in net worth in 5 years). But I wasted too much time thinking, and not enough time doing.
If I can help you avoid my mistakes, you’ll be way ahead of the game and build wealth that much faster.
7 WAYS TO MAKE AN EXTRA $500 A MONTH
- BECOME A VIRTUAL ASSISTANT
Income Potential: $25 – $50+ per hour
Skills Needed: Not much to get started except a willingness to learn and follow directions. You can make more if you have specialized skills.
This is a broad category with lots of options to specialize in. If you don’t know where to start on your side hustle journey, I’d recommend at least trying out being a virtual assistant to see if it’s something you like.
Here is her list of over 150 services you can offer as a virtual assistant! I can guarantee you’ll find 2 or 3 things on that list you can start your business off with.
- WORK FROM HOME AS A VIRTUAL BOOKKEEPER
Income Potential: $60-80+ per hour
Skills Needed: No degree or experience required to get started, but you do need to be comfortable with numbers.
Becoming a bookkeeper from home is one of my favorite side hustle ideas (or even full-time business ideas). If you like numbers and the zen of a balanced bank account, starting your own virtual bookkeeping business may be for you. To make an extra $500 a month you would only need one or two clients!
There are so many small business owners out there who are great with big ideas and big vision, but need someone to help them keep their books in order and make sure they are making a profit. You can step in and be their right-hand business partner and CFO.
The best thing about bookkeeping is you can work from home with flexible hours, and there are very few startup costs. If you niche down to serving a certain type of business (say online businesses, or real estate investors) you can charge $60-80 per hour or even more.
Oh and did I mention that bookkeeping doesn’t require a degree or any certification?
If you want to learn more about whether bookkeeping would be a good fit for you and how to go about learning the skills you need to be a great bookkeeper, I highly recommend my friend Ben’s FREE training series:
Click here for a series of free training videos on how to start your own bookkeeping business!
how to make extra money with surveys
- SHARE YOUR OPINION WHILE WATCHING NETFLIX
Income Potential: $100 – $500 per month
Skills Needed: None, other than a little free time and an opinion.
If you’re really not sure where to get started and have struggled to take action in the past, I would recommend starting with online surveys.
You will not get rich overnight by taking surveys, but there is zero barrier to entry, and you can fill out surveys in the little bits of spare time you would normally waste during the day.
There are two sites I wholeheartedly recommend for anyone looking to start taking online surveys: Survey Junkie and Swagbucks. They are both legit, have been in business a long time, and have paid out millions to their users.
How to Make an Extra $500 a Month – 7 Proven Ways That Actually Work
October 30, 2019 By Andrew 6 Comments
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ MY DISCLOSURE FOR MORE INFO.
Congratulations! Just by asking the question – how to make an extra $500 a month? – you are among a select few looking to improve their financial position and achieve financial freedom.
There are many ways to make an extra 500 dollars a month (or $200 a month, or $1,000 a month). But if you’re anything like me, you get stuck in the idea phase.
Taking action and actually committing to doing something is the hard part.
As the saying goes, there are a million ways to make a million dollars, but without focusing on one thing you’ll never get there.
Here are some of my favorite ideas on how to make an extra $500 a month.
Table of Contents
But wait!!! Before You Read Further…
You have to promise me one thing before you keep reading…
Commit to taking action TODAY!
Even if that’s just signing up for a survey app to make a few dollars while you watch Netflix later tonight. Or narrowing the list down to one idea, and writing out a few bullet points on the steps you need to take to get started.
I am super passionate about side hustles as a way to build wealth for your family (it’s how we built over $1M in net worth in 5 years). But I wasted too much time thinking, and not enough time doing.
If I can help you avoid my mistakes, you’ll be way ahead of the game and build wealth that much faster.
- TUTORING
Income Potential: $15 – $100+ per hour
Skills Needed: Subject knowledge in whatever you’re teaching, or the ability to learn.
In college, I worked at the math department’s “help desk” where we provided tutoring and homework help to anyone who came in. I also did some private tutoring and made a decent hourly wage ($20 an hour back in 2005 or so). It was a good learning experience for me (I tend to learn better when I have to teach it to someone else), and I got some much-needed spending money out of it.
If you enjoy teaching others and have a little bit of inner nerd (that’s me!), tutoring can be a great way to earn some extra cash. You can tutor in almost any subject you can think of – math, science, computer/software skills, reading, English, etc.
- CASH BACK APPS AND CREDIT CARDS
Income Potential: $500 – $2,000 per year
Skills Needed: None, just good credit if you want to collect credit card sign up bonuses
I have a goal every year to make $500 from cash back apps and $1,000 from credit card sign-up bonuses (not including the actual cash back from credit card purchases).
While this is not life-changing money, it’s a noticeable amount. It takes almost no effort on my part, so it’s basically passive income (my favorite kind of income).
CASH BACK APPS
So how do cash back apps work? You basically link a credit card for local shopping or use their portal for online shopping you were going to do anyway and earn anywhere from 1 – 20% cash back without having to think about it (I average around 2-5% back normally). This is in addition to any cash back your credit card gives you!
How to Make an Extra $500 a Month – 7 Proven Ways That Actually Work
October 30, 2019 By Andrew 6 Comments
THIS POST MAY CONTAIN AFFILIATE LINKS. PLEASE READ MY DISCLOSURE FOR MORE INFO.
Wealthy Nickel has partnered with CardRatings for our coverage of credit card products. Wealthy Nickel and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities.
Congratulations! Just by asking the question – how to make an extra $500 a month? – you are among a select few looking to improve their financial position and achieve financial freedom.
There are many ways to make an extra 500 dollars a month (or $200 a month, or $1,000 a month). But if you’re anything like me, you get stuck in the idea phase.
Taking action and actually committing to doing something is the hard part.
As the saying goes, there are a million ways to make a million dollars, but without focusing on one thing you’ll never get there.
Here are some of my favorite ideas on how to make an extra $500 a month.
Table of Contents
But wait!!! Before You Read Further…
You have to promise me one thing before you keep reading…
Commit to taking action TODAY!
Even if that’s just signing up for a survey app to make a few dollars while you watch Netflix later tonight. Or narrowing the list down to one idea, and writing out a few bullet points on the steps you need to take to get started.
I am super passionate about side hustles as a way to build wealth for your family (it’s how we built over $1M in net worth in 5 years). But I wasted too much time thinking, and not enough time doing.
If I can help you avoid my mistakes, you’ll be way ahead of the game and build wealth that much faster.
- SELLING ON EBAY
Income Potential: $500 – $10,000+ per month
Skills Needed: An eye for a good deal at garage sales/thrift stores
I first saw the potential of this side hustle when I interviewed one of my friends Nathan. He shops garage sales, estate sales, and thrift stores looking for bargains and resells them on eBay.
When I interviewed him he was making around $300 a month, but he’s now consistently up to $600 per month selling on eBay!
- HANDYMAN / LANDSCAPER
Income Potential: $15 – $40+ per hour
Skills Needed: Good with your hands and small home projects, or willing to do manual labor for money 🙂
While everyone wants to make money online these days from the comfort of their couch, there are a lot of opportunities to make extra money out there in the real world if you’re willing to actually put in a little effort.
One of the easiest ways to make a solid income (you could certainly make $200 a month, $500 a month, or more without much effort) is to offer your services as a handyman on small house projects.
