This article includes links which we may receive compensation for if you click, at no cost to you.
What’s up y’all. So, here’s a quick story about my desperation to learn how to make money fast online a few years ago.
I had just moved to a high cost of living (HCOL) city. Prior, I had been living and working abroad, pulling in decent living. More money than I knew what to do with, actually. I thought I was prepared for life in an HCOL city. Boy, was I wrong.
The years prior, I was sitting first class, drinking top-shelf beverages around the world. Suddenly, I found myself living in an HCOL city with a roommate, stuck in a small apartment, and paying over $3K/month in rent.
My credit card debt was building up fast because I could not afford the lifestyle I desired. I felt stuck and needed to make money fast.
At the time, I Googled “How to Make Money Fast“, and realized there were hundreds of quick ways to make money.
I also realized that I was not alone. Over 110,000 people search for the phrase, “How to Make Money Fast” per month!
This realization made me feel a bit better. Knowing that I was not the only one trying to make extra money at the end of the month was sort of calming.
12 Ways to Make Money Fast
Here are the best ways to make money fast in 2020:
1. Take Surveys Online & Make $500 This Month
Survey Junkie is my absolute favorite way to make money in my spare time.
You can earn up to $45/survey in just 20 mins (though most pay between $0.50 and $3!). Look closely at how long each survey will take vs how much it will pay to maximize the ROI on your time. After that, the earnings just depend on how much time you’re willing to give!
Side note: there are many sites that say they will pay you for your opinions, but not all are legit. Use my best places to take online surveys list to ensure you find one that is.
GET APP: Survey Junkie
EARNING POTENTIAL: $0.50 – $45/survey
2. Take Advantage of App Sign Up Bonuses
Cash in on the following sign-up bonuses available through MillennialMoney.com and you will be on your way to making an extra $500.
- Swagbucks: $5 welcome bonus! Swagbucks is a get-paid-to site with lots of different tasks available to earn money. You can take surveys, watch videos, search the internet, etc.
- Ibotta: $20 welcome bonus!. Ibotta is also a cashback site and app. It is most frequently used for groceries but now offers cash back on many products.
- Rakuten (formerly Ebates): $10 welcome bonus! Rakuten is a cashback/coupon shopping site. If you shop online through Rakuten you can earn cash back on your purchases. Read my Ebates review.
- MyPoints: $10 welcome bonus! MyPoints your daily rewards program is yet another cashback website that works similarly to Ebates.
- InboxDollars: $5 welcome bonus! You can earn dollars for small tasks such as taking surveys, watching videos, and signing up for offers.
TOTAL: $50 fast
3. Download Ibotta for Free and Make $20 Now
Ibotta is a legit way to earn extra cash, just by shopping for things you’re buying anyway. Plus, they’re offering a $20 sign-up bonus right now.
Ibotta is a cash back and rewards app that started in the groceries sector but now has rewards for almost anything. Unlike some of the other cashback companies, Ibotta rewards you for shopping online or in-store, which I find more convenient for groceries and local shopping.
Read more in our in-depth review of Ibotta.
GET APP: Ibotta
EARNING POTENTIAL: $20 sign-up bonus + % cash back on anything you buy
4. Cut Out Unused Subscriptions (Trim the Fat)
How many service subscriptions do you have? I have way too many to keep track of month to month, and I’m not alone. Forbes estimates that the average American spends $200-$300 EACH MONTH in subscription services. You set and forget, and companies know it!
Truebill to the rescue!
This free, money saving app will comb through all your subscriptions and report out how much you are paying each month. It’ll also help negotiate down some monthly subscriptions and allow you to cancel any that are not being used.
GET APP: Truebill
EARNING POTENTIAL: More than you’d think!
5. Take Back an Extra $500 through Price Adjustments
Yes, you read that correctly. It’s possible that a store owes you money!
A lot of the major retailers (including Amazon!) have price adjustment policies which state that if an item you bought drops within a certain period of time, then they’ll refund you the difference.
But with as much online shopping as you probably do, who has time to monitor for price changes?
Similar to Trim, Paribus is a convenient and totally free bot that will do the heavy lifting for you.
Try it out; who knows how much you’re owed! It could be a quick way to “earn” (back) $20, $30, or even to make $500 fast!
GET APP: Paribus
EARNING POTENTIAL: $20/month+
Note: Paribus compensates us when you sign up for Paribus with the links provided at no cost to you.
6. Deliver for Postmates or DoorDash
If you live in a city, you will agree that people are spending less time in stores. The delivery industry is on the rise, so take advantage and get paid!
Use your spare time (or even your lunch break) to side hustle for extra cash.
Can you really earn that much?
YES. By delivering for Postmates, I saved up enough money to buy an engagement ring! Seriously – you can easily make 500 dollars this week by completing 50 deliveries.
Another service similar to PostMates, but centered around food delivery, is DoorDash. This service is really starting to take off, so lots of earning opportunity depending where you live.
There are 3 easy steps: drive to restaurant, pick up food, deliver to customer…get paid. It’s that easy!
Bonus: It seems that everyone I know is getting their groceries delivered. Instacart allows you to become your own boss and make cash for deliveries.
7. Vindale Research
Unlike many other paid survey websites, Vindale Research shows the compensation in cash (instead of points), making it easy to see exactly what you’ll earn.
You can expect anywhere between $0.25 and $50 for paid surveys, depending on the time requirement, topic, and demographic criteria of the survey.
And surveys aren’t the only earning opportunities with Vindale either, giving you a little more variety to earn cash.
SIGN UP: Vindale Research
EARNING POTENTIAL: $0.25 – $50/survey
Bonus: Also check out Pinecone Research which pays a minimum of $3 per survey.
You can make money teaching anything as long as you know a little more than someone else.
Are you good at guitar? Pick up some extra cash by helping others master their passion for music. Are you artsy? Teach someone how to design, craft, or master lettering. Are you into fitness? Teach someone how to get fit.
In 2020, it’s never been easier to teach something in person or – even better – online.
Why is online better? Because you can use a platform like Teachable to easily develop an engaging, interactive course, and then earn easy, passive income thereafter.
Say it again for the people in the back!
Put in the up-front effort to build a meaningful course based on your unique skills and experiences, and then collect checks for months (or years!). The ROI on your time could mean you’ll never be googling “how to make money fast” again. 😉
SIGN UP: Teachable
EARNING POTENTIAL: $500/mo+ after you’ve built your course
9. Sell Products or Goods Online
Do you have a passion or hobby for making things? Are you crafty? Etsy is a fantastic platform to connect your product with potential buyers.
Are you into quilting? Do you make jewelry? Do you like making surfboards? Sell your goods online by opening your own Esty shop!
It is so easy to sell things online in 2020 and make an extra $500.
10. Review Websites in Exchange for Cash
Over the past few years, I’ve been reviewing websites for quick cash paid via PayPal. My favorite and trusted website review platform is UserTesting.
No, this is not an affiliate link. I do not get paid to promote this site. In fact, I only recommend apps or finance tools that I personally use, believe in, or have reviewed thoroughly.
SIGN UP: UserTesting
EARNING POTENTIAL: $10/review
11. Rent Out Your Parking Spot When You Leave on Trips
If you live in an expensive city, you know how valuable parking can be. If you live downtown, renting out your parking spot will make you real cash, fast.
People in my apartment are renting out their parking space for $300/month!
If you leave with your car on the weekends, try an ad in your neighborhood. Put that parking space to work!
One company you can do this with easily is Neighbor.com.
12. Sell Unwanted Items
If you need extra money fast, an easy way to get it is to sell your unwanted things. We all have junk we’re never actually going to use again.
Have jewelry from a previous marriage, an old high school class ring or other items that you no longer wear? Sell it on Worthy.com, a jewelry auction site. Anyone can submit to sell jewelry online, including diamond rings, gold, platinum and gemstone earrings, bracelets, necklaces, watches, and other valuable jewelry. They’ll even provide you with a GIA certified appraisal completely free.
Have gold or silver items that you no longer want? At over $1,600 an oz for pure gold you could be looking at some serious cash! Sell at sites like: CashforGoldUSA, they’ll even throw in a $50 first-time bonus!
Old cell phone laying around? Trade it in for $100+. You’ll even get a $5 first time trade-in bonus at Gazelle.
Or, do it the old-fashioned way: host a yard sale. Go through your closets and take out everything you haven’t used in a year. Post flyers around town, share on local Facebook groups, and tell your friends. This is a sure way to help make $500 fast.
EARNING POTENTIAL: $100 – several $1,000
Side Hustles with a Delayed R.O.I.
If you live in an expensive city, it may be important to increase your revenue streams. Many millennials have 2 or 3 side hustles that bring in substantial income.
There are plenty of side hustle opportunities to make more money from home but require a longer-term investment.
Blogging, for example, can bring in a large amount of revenue, but it will take some time to generate income through affiliate marketing and advertising.
Learn how you can start a blog in 15 minutes for less than a cup of coffee per month.
The items above are ways to make $500 fast in the short term.
Do You Live In An Expensive City?
Let’s face it. Cities are expensive and extremely competitive.
It’s hard to get ahead, let alone achieve financial freedom when living in expensive cities.
A common theme across urban centers is that they are booming, everyone wants their share, and the suppliers know it. How do we pay for it?
If you live in an expensive city like me, most of your hard earned income is spent on housing, transportation, and food/drinks.
If you are not paying close attention to your budget, you can find yourself with little money left over at the end of the month.
Sometimes, you might even overdraw your account. I’ve been there.
Do You Need To Make Money Fast?
With too much information, comes disorganization. Literally billions upon billions of webpages (currently 3.15B and growing!) exist to help you figure out how to make money fast.
What do you do with all this information? For me, it felt like everyone was trying to sell me something in my journey to make money. Furthermore, there were pages with titles like, “101 Best Ways to Get Rich Quick”, or “57 Sites Online That Will Make You Money Fast”.
I didn’t want 57 ways to make extra cash. For me, I needed fewer options. I desired only a few actionable steps to take to make a realistic amount of extra income.
These ideas I provided for you, worked for me, so my hope is that these easy ways to make money will work for you too!
Luckily, 2020 has never been a better time to utilize apps and technology to make an extra 500 dollars fast.