How to Make $500 Fast (7 Simple Methods to Start Today)

Use one of these seven strategies when you need to make $500 in a short period of time.

$500 in a jeans pocket
Updated May 13, 2024
Fact checked

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

There are various ways to get money quickly, and some even provide daily payouts. From taking on a side hustle to selling unwanted items, there are many simple methods to help you reach your financial goals.

Let’s explore seven strategies that can help you figure out how to make $500 fast, so you can get back on track and achieve financial stability.

Featured side hustles to consider

Earn Up to $225 per Offer Testing Apps, Games, and Surveys

Payouts can go as high as $225 per offer. “Excellent” Trustpilot Rating (54,000+ reviews, 4.6/5 stars). Cash out instantly with PayPal starting at only $5.

Start earning now
Earn Great Pay Working From Home

Free 3-class intro teaches you how to launch a bookkeeping business

Access the training
Earn Cash Taking Surveys

Join a community of 20M+ lifetime members who have been paid $76 million to date.

Sign up today

In this article

7 practical ways to make $500 fast

Finding ways to make money fast can seem like a daunting task, but with the right approach, it can be easier than you think. The key is finding methods that align with your skills and interests. Using methods that easily integrate into your lifestyle also helps. Let’s explore seven different ways you can use to make $500.

1. Complete online surveys

You can also earn money by participating in online surveys that pay money for your opinion or personal experience. However, it’s important to note that some survey providers don’t offer that much money per survey.

Surveys can be convenient to complete while you’re on a bus, in line at the grocery store, or simply on your couch relaxing. This can allow you to earn some extra cash during your spare time. But it may not be worth it to dedicate a lot of time to online surveys since the money you get is generally not that much. 

Some legitimate survey websites that offer varying payouts include:

Earn Cash Taking Surveys

Join a community of 20M+ lifetime members who have been paid $76 million to date.

Sign up today
Earn Up to $225 per Offer Testing Apps, Games, and Surveys

Payouts can go as high as $225 per offer. “Excellent” Trustpilot Rating (54,000+ reviews, 4.6/5 stars). Cash out instantly with PayPal starting at only $5.

Start earning now

Other websites, like Schlesinger Group, will pay you when you join online focus groups and take surveys. These opportunities are harder to qualify for, but they may pay more.

Before using online survey platforms, review their payout structures and prioritize those offering fair compensation. 

Tip
Once you choose a platform, utilize your free time, such as TV watching or downtime in waiting rooms, to complete surveys.

Visit Survey Junkie | Visit InboxDollars | Visit Freecash

2. Pet sit for other people

Many people need help watching their pets. They may be going out of town, or they may just need someone to walk their dog. Others like to have someone check in and play with their pets during the day while they’re at work.

You can post on local message boards, such as NextDoor, to advertise your pet-sitting or dog-walking services in your neighborhood. You can also use websites like Rover or Care.com to connect with people who need pet sitters.

Learn how to earn money as a pet sitter or dog walker in our Rover review.

Tip
You can also sit or walk multiple pets at once to increase your potential to make more money. However, you should make sure to communicate clearly with your clients and ask them how social their animals are.

Visit Care.com

3. Drive passengers with Uber or Lyft

Driving passengers with Uber or Lyft is a popular method for making extra money. You may make more money by using more of your time to drive passengers and receive daily payouts, which can help you with quick cash needs.

However, before you begin, keep in mind that Uber and Lyft have requirements for your age, the types of cars you can use, and how old the cars can be. You also need to have proof of insurance and a valid driver’s license. You may also have to wait for a background check before you begin.

Tip
In order to maximize earnings, consider market saturation in your area and the best times to work. For example, check flight schedules and be near the airport during peak arrival times or offer rides when people are likely to need transportation at night. Additionally, be aware of local events such as festivals, sports games, and other activities, as they may offer increased ride demand.

Visit Uber

4. Deliver food or groceries with DoorDash or Instacart

You can make extra money on the side from DoorDash and similar food and grocery delivery apps such as Instacart or Postmates.

You simply need to go through the sign-up process, meet the requirements, such as having a valid driver's license, vehicle, and insurance, and successfully complete the onboarding process. As with some other side gigs, DoorDash and similar apps may require you to pass a background check.

Keep in mind that you may be placed on a waiting list if there are limited openings in your area.

DoorDash pays you a base pay plus any tip the customer left for each order you deliver. 

Tip
You can also maximize your earning potential by agreeing to deliver during peak times or by completing a challenge to deliver a set number of orders during a specific timeframe.

Find out how to make extra money from grocery and food deliveries in our DoorDash review.

Visit InstacartVisit DoorDash

5. Sell items you no longer use

Look around your house or clean out the garage. There’s a good chance you have many items you no longer use. You may be able to get a good sum of money when you sell these items online or through a garage sale.

Before you sell, research Facebook Marketplace or eBay to see how similar items are priced, even if you’re only holding a yard sale. Consider the condition of the items as well. A barely used item is likely to get a higher price than a similar item that’s old or damaged.

There are several places to sell your items online, including:

  • eBay: A good choice for most general interest items, including collectibles.
  • Facebook Marketplace: It can work for selling large items locally since you may not want to ship them.
  • Decluttr: It can be a good marketplace for electronics, such as phones, smart watches, tablets, and more.
  • Poshmark: It’s commonly used for clothing and accessories, especially high-end brands.

Tip
Learn some pro tips from a top Poshmark seller.

Carefully consider where you’re likely to find buyers for your items. Some sites, like Decluttr, will pay you outright for your items and resell them. Others require you to handle the selling and shipping process.

If you sell something on your own through a platform like eBay or Poshmark, make sure to capture good pictures of it. Provide potential buyers with pictures from several angles to make it easy to see the item's condition. You should also write an accurate description that uses common keywords for your item.

Finally, watch out for scams. Scammers on Facebook Marketplace and other platforms may try to take advantage of you. Be careful and make sure you document your transactions.

Perspectives
Gabriela Walsh
Gabriela Walsh
Editor

Gabriela Walsh is an Editor at FinanceBuzz, where she utilizes her keen eye for detail and draws upon her academic background in literary research to ensure our content remains both reliable and up-to-date. With an M.A. in Modern English Literature from University College London, Gabriela combines her understanding of language and literature with her commitment to delivering content that empowers others to build healthy money management skills.

My experience selling on Facebook Marketplace:

Before moving a few months ago, I used Facebook Marketplace to list some furniture and household items that I didn't want to bring with me, including an office chair and desk, a coffee table, a bookshelf, a bed frame, and a TV stand. I noticed that items sold fastest when I provided plenty of details for potential buyers — dimensions, multiple photos and/or videos, and a solid description.

I sold almost everything I listed in a little over a week and made around $650 in the process. Some items may take longer to sell depending on your location and demand, but it can be a great way to make some extra cash and get rid of things you no longer need.

6. Rent out extra space in your home

One common method for using extra space in your home to make extra money is listing it on Airbnb. However, you also have other options.

If you have extra space in your garage, attic, or spare room that no one is using, you can rent it out for storage. Platforms such as Neighbor connect you to people in your area who might need a place to store their stuff.

Find out more in our Neighbor review.

Tip
To determine the rental rate for your extra space, research local storage facilities' fees for various unit sizes. Then evaluate the space you have available and determine the amount you want to ask for.

7. Become a freelancer

You can use your existing skills to complete freelance tasks online or in person. You would work on a project-by-project basis instead of a traditional, full-time job to complete tasks such as freelance writing, graphic design, gardening, proofreading, bookkeeping, and more.

To become a freelancer, begin by identifying your skills and areas of expertise. Then create a listing online on platforms such as:

These platforms enable you to showcase what you can offer. You can also connect with potential clients through various channels, such as social media, professional networks, and job boards, to gradually build your online business.

Make your profile stand out:
Your profile is your opportunity to promote yourself. Post a clear and professional profile picture, and use the profile to highlight your skills and work ethic. If you have a professional website, be sure to include a link to it, too.

Becoming a freelance writer, a part-time virtual assistant, or a social media manager are all side hustles that may use your existing skills while giving you the flexibility to choose the projects you work on. Freelancing allows you to set your own rates and work from anywhere.

How to avoid sudden money problems

While learning how to make $500 fast is possible, a sudden need for cash can be stressful. There are several things you can do to reduce the chance of needing cash quickly in the future.

Build an emergency fund

Create an emergency fund that can cover sudden or unexpected expenses. Start by working on a plan to build up $500 in an emergency fund and gradually increase the amount you set aside.

Having an emergency fund provides peace of mind knowing that you can cover sudden money needs. It can also keep you from turning to debt when you have an unexpected financial emergency.

Find out what an emergency fund is and how to begin building one today.

Create a budget and stick to it

Following a budget is as important as having an emergency fund. Understand your regular income inflows and spending outflows. Create a budget that matches your needs with your income. Do your best to live within your means.

Once your needs are covered, you can then address your wants. When you have a budget — one that includes regularly putting an amount of money in your emergency fund — you’re less likely to get in a position where you quickly need cash.

Learn more in our comprehensive budgeting guide.

Find ways to increase your income

Many of the strategies for making $500 fast can also be used to build regular extra income streams. You can also look for additional side hustles and business opportunities to boost your revenue. Some of the best side hustles allow you to take advantage of a skill or hobby you have.

For example, you can start freelancing on the side, create printables, or make artwork to sell on Etsy.

Learn how to start an Etsy shop.

You can also look for ways to earn passive income, such as advertising on your car or creating an online course that you can sell on a platform such as Skillshare. You could also take the time to learn a new, in-demand skill and sell your services, whether that be data entry, carpentry, or bookkeeping. These side hustles can provide you with a continuous stream of income without requiring continuous effort.  

Explore how to get paid to advertise on your car with these companies.

Pay off high-interest debt

Debt with high interest rates can drain your financial resources. Focus your effort on paying any similar debts to minimize the amount spent on interest payments.

Prioritizing repaying debt is crucial to giving you more room in your personal finances and allowing you to save money. With less debt and lower interest payments, you can have peace of mind and greater control over your financial future.

Learn how to pay off debt.

FAQs

Where can I sell my stuff for free?

There are many places to sell your stuff for free, including Facebook Marketplace, eBay, and Craigslist. Additionally, platforms such as Decluttr will buy items from you to resell them, freeing you from finding buyers and shipping items. 

Some websites may not charge you a fee to list an item, but keep in mind that some websites may take a percentage of the amount you receive from the sale.

How can I make easy money with my phone?

One of the ways to learn how to make money online with your phone is to use a platform that allows you to take online surveys, such as Survey Junkie or InboxDollars

By sharing your opinions and providing feedback through survey sites, you may earn cash, gift cards, or other rewards for your time. Keep in mind that survey payouts are typically small, so you aren’t likely to make a lot of money.

How can I borrow $500 fast?

You can borrow $500 fast and typically without a credit check by borrowing from personal finance apps like Chime®12, Dave, Cleo3, and more. You can also get an unsecured personal loan from your bank, which is typically for customers with an existing relationship. Lastly, you can opt for a secured loan, where you provide collateral to your financial institution until the loan is repaid.

Does Uber pay daily or weekly?

Uber offers daily payouts using its Instant Pay feature. You can get paid up to five times per day with Uber. The money is sent directly to your debit card that’s connected to your bank account. However, Instant Pay costs $0.85 per payout.

How can I make $500 fast?

There are a number of ways to make $500 quickly. Here are a few ideas to get you started:

  1. Deliver food and groceries with DoorDash or Instacart
  2. Sell your unused stuff
  3. Pick up a server job at a high-end restaurant
  4. Pet sitting and walking
  5. Check Craigslist for day labor gigs
  6. Rent out extra space in your home
  7. Rent out your vehicle
  8. Get a cash bonus for opening a bank account
  9. Take online surveys
  10. Earn cashback on groceries
  11. Play game apps that pay cash
  12. Earn cashback for shopping online
  13. Drive with Uber or Lyft
  14. Negotiate your bills
  15. Become a freelancer
  16. Become a bookkeeper
  17. Teach English
  18. Become a virtual assistant
  19. Start a blog to earn affiliate income
  20. Create and sell an online course
  21. Do handyman work

How can I get a $500 loan with no credit check?

Here's what you could do if you'd rather borrow $500 instead of making it but you want to avoid a credit check:

  1. Use an app that can borrow you money: Some personal finance apps offer paycheck advances or small loans without performing a credit check. These apps include Chime®, Dave, Cleo, and more.
  2. Get a personal loan with no credit check: Some financial institutions offer personal loans without performing a credit check. This is typically available for customers who already have an established relationship with the institution. 
  3. Get a secured loan: You can get a secured loan by providing collateral property to your financial institution until you pay back the loan.

Bottom line

While having an unexpected bill or expense and needing to come up with money quickly can be stressful, there are several legit ways that may help you get the money you need, whether you need to make an extra $200 this week or several hundred over the month.

You can sell items you no longer use, rent out extra space in your home, complete online surveys, pet sit or take animals on walks, drive passengers with Uber or Lyft, deliver food or groceries with DoorDash, or freelance online or in person. These seven practical ways may help you figure out how to make $500 fast.

Author Details

Miranda Marquit

Miranda Marquit has covered personal finance for more than a decade and is a nationally-recognized financial expert and journalist, appearing on CNBC, NPR, Forbes, Yahoo! Finance, FOX Business, and numerous other outlets.