We all want to make $500 fast. And while in an hour may prove difficult, here are 12 realistic ways to earn 500 dollars in a week (some in one day or less). We all want to make $500 fast. And while in an hour may prove difficult, here are 12 realistic ways to earn 500 dollars in a week (some in one day or less). Fiverr is another site where.
If you're shrewd, you can turn one thousand bucks into even more money. Here's how.
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If you're sitting on at least $1,000 and it's scratching an itch in your pocket, consider investing it rather than spending it on something frivolous. But the question that then beckons us is: Can you really make money quickly investing with just $1,000?
The answer to that is a resounding, 'Yes.'
While there are plenty of ways you can make money fast by doing odd jobs or generating it through things like affiliate marketing or email marketing, actually making money by investing with just $1,000 might present more challenges, and frankly, more risks. That is, of course, unless you know what you're doing.
However, all risks aside, even if you're living paycheck-to-paycheck, you still may be able to conjure up $1,000 to put towards an investment if you're creative.
Before you dive in, there are some mindset principles that you need to adhere to. Moving beyond the scarcity mentality is crucial. Too many of us live our lives with the notion that there's never enough of things to go around -- that we don't have enough time, money, connections or opportunities to grow and live life at a higher level.
That's just a belief system. Think and you shall become. If you think you can't get rich or even make a sizable amount of money by investing it into lucrative short-term investment vehicles, then it's much more of a mindset issue than anything else. You don't need to invest a lot of money with any of the following strategies.
Sure, having more money to invest would be ideal. But it's not necessary. As long as you can identify the right strategy that works for you, all you need to do is scale. It's similar to building an offer online, identifying the right conversion rate through optimization, then scaling that out. If you know you can invest a dollar and make two dollars, you'll continue to invest a dollar.
Start small. Try different methods. Track and analyze your results. Don't get so caught up on how you're going to get wildly rich overnight. That won't happen. But if you can leverage one of the following methods to make money by investing small, short bursts of capital, then all you have to do is scale -- plain and simple. You don't have to overthink it.
Related: 13 Easy Investing Apps and Websites for Millennials
How to invest $1,000 to make money fast
If you have $1,000 to invest, you can make money a variety of ways. But there are some methods that trump others. The play here is speed. We're not talking about long-term, buy-hold strategies. Those are terrific if you're looking to invest your capital over at least a two- to five-year period. We're talking about ways you can make money fast.
Even when it comes to markets that might take time to move or have longer cycles, investments can often turn into realized profits and quick gains by leveraging the right strategies. What's the right strategy? Sure, long-term works. Real estate and other time-intensive strategies will eventually get you there.
Raghee Horner of Simpler Futures says that 'long-term interest rates are the next big trade,' while Jim Cramer of Mad Money says that 'there are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion.' By jumping in and out of long-term investments like that, you're far more likely to lose your shirt than if you time your short-term plays just right.
It's not so much about trying to catch the latest trend. It's not about becoming a webinar guru like Jason Fladlien or Liz Benny -- or even building out sales funnels or optimizing your conversions. Investing your money is more about paying careful attention to indicators that can really move the needle in the short-term as opposed to the longer term. It's also about leveraging and hedging your investments the right way without putting too much risk on the line.
That doesn't mean that you don't need a long-term strategy. You definitely do. But if you're looking to create some momentum and generate some capital quickly, in the near-term, then the following investment strategies might help you do just that.
1. Play the stock market.
Day trading is not for the faint of heart. It takes grit and determination. It takes understanding the different market forces at play. This isn't something intended for amateurs. But, if learned and learned well, it is a way where you can quickly -- within the span of hours -- make a significant amount of money with a relatively small investment.
There are also ways to hedge your bets when it comes to playing the stock market. Whether you play the general market or you trade penny stocks, ensure that you set stop-loss limits to cut any potential for significant depreciations. Now, if you're an advanced trader, you likely understand that market makers often move stocks to play into either our fear of failure or our greed. And they'll often push a stock down to a certain price to enhance that fear and play right into their pockets.
When it comes to penny stocks, this is further exaggerated. So you have to understand what you're doing and be able to analyze the market forces and make significant gains. Pay attention to moving averages. Often, when stocks break through 200-day moving averages, there's potential for either large upside or big downside.
Related: What's a Cause of Stock Market Crashes? Too Much Testosterone, Science Says.
2. Invest in a money-making course.
Investing in yourself is one of the best possible investments you can make. While you might not be able to pinpoint an actualized return on investment, there's no money that's better spent. Invest in yourself. Invest in your education. Learn. Adapt. Grow. Discover what you're passionate about.
There are loads of money-making courses on the internet. The hard part is choosing the right one. From ebooks to social media marketing, search engine optimization and beyond, the possibilities are endless. While many money-making gurus might pop up on social media, not all courses are created alike. Spend time doing your due diligence and research to choose the one that's right for you.
Related: Mark Cuban's 3 'Smart Money Moves Everyone Should Make'
3. Trade commodities.
Trading commodities like gold and silver present a rare opportunity, especially when they're trading at the lower end of their five-year range. Metrics like that give a strong indication on where commodities might be heading. Carolyn Boroden of Fibonacci Queen says, 'I have long-term support and timing in the silver markets because silver is a solid hedge on inflation. Plus, commodities like silver are tangible assets that people can hold onto.'
The fundamentals of economics drives the price of commodities. As supply dips, demand increases and prices rise. Any disruption to a supply chain has a severe impact on prices. For example, a health scare to livestock can significantly alter prices as scarcity reins free. However, livestock and meat are just one form of commodities.
Metals, energy and agriculture are other types of commodities. To invest, you can use an exchange like the London Metal Exchange or the Chicago Mercantile Exchange, as well as many others. Often, investing in commodities means investing in futures contracts. Effectively, that's a pre-arranged agreement to buy a specific quantity at a specific price in the future. These are leveraged contracts, providing both big upside and a potential for large downside, so exercise caution.
Related: What Starbucks Teaches About Marketing Commodity Products
4. Trade cryptocurrencies.
Cryptocurrencies are on the rise. While trading them might seem risky, if you hedge your bets here as well, you could limit some fallout from a poorly-timed trade. There are plenty of platforms for trading cryptocurrencies as well. But before you dive in, educate yourself. Find courses on platforms like Udemy, Kajabi or Teachable. And learn the intricacies of trading things like Bitcoin, Ether, Litecoin and others.
While there are over 3,000 cryptocurrencies in existence, only a handful really matter today. Find an exchange, research the trading patterns, look for breakouts of long-term moving averages and get busy trading. You can use exchanges like Coinbase, Kraken or Cex.io, along with many others, to make the actual trades.
Related: 6 Cryptocurrencies You Should Know About (and None of Them Are Bitcoin)
5. Use peer-to-peer lending.
Peer-to-peer lending is a hot investment vehicle these days. While you might not get rich investing in a peer-to-peer lending network, you could definitely make a bit of coin. Which lending platform do you use? Today, there are many to choose from, but the most popular ones include Lending Club, Peer Form and Prosper.
How does this work? Peer-to-peer lending platforms allow you to give small bursts of capital to businesses or individuals while collecting an interest rate on the return. You get more money than you would if you placed it in a savings account, plus your risk is limited because the algorithms are doing much of the work for you.
Once you identify the offer, you can dig in and do some research -- then, you can either take the deal or not. You'll have your risk evaluated based on a proprietary algorithm that includes employment and credit history, and you'll be able to make the decision to invest based on a variety of well-thought-out data.
Related: Why Peer-to-Peer Lending Could Be a Good Investment Choice
6. Trade options.
When it comes to options, Tom Sosnoff at Tastyworks says, 'Trade small and trade often.' What type should you trade? There are loads of vehicles, such as FOREX and stocks. The best way to make money by investing when it comes to options is to jump in at around 15 days before corporate earnings are released. What type should you buy? Money calls.
The optimal time to sell those money calls is the day before the company releases its earnings. There's just so much excitement and anticipation around earnings that it typically drives up the price, giving you a consistent winner. But don't hold through the earnings. That's a gamble you don't want to take if you're not a seasoned investor, says John Carter from Simpler Trading.
Related: 2 Strategies for Making Money Day Trading With a Bit Less Risk
7. Flip real estate contracts.
Making money with real estate might seem like a long-term prospect, but it's not. There are ways you can take as little as $500 to $1,000 and invest it in flipping real estate contracts to make money fast. How? Use a system like Kent Clothier's REWW to first understand how the market works. It'll then provide you with the data and tools to identify vacant homes, distressed sellers and cash buyers.
While most people think that real estate is won by flipping traditional homes and doing the renovations yourself, the fastest money you can make in real estate involves flipping the actual contract itself. It's arbitrage. Identify the motivated sellers and cash buyers, bring them together and effectively broker the deal. It might seem odd on the first go, but once you get the hang of it, you can become a mini-mogul in the real estate industry by simply scaling out this one single strategy. It works, and it's touted by some of the world's most successful real estate investors.
Do you want to know how to make 1000 dollars fast ?
You have just landed on the right place!
This website is completely dedicated to helping people make some extra money every month or start a full time online business from the comfort of their home.
In this article I have compiled 15 ways to make 1000 dollars fast which are 100% legitimate and people are really making a lot money using these ways.
Note: The main theme of this article is to let you know about the ways to make money dollars fast but most of the ways mentioned in the following list have the potential to be scaled to a level where you would be able to make a decent passive income from them.
Alright let’s get into the list,
How to make 1000 dollars fast (15 ways)
1. Participate in market research (online surveys)
Companies and businesses are always looking to enhance their products and services and for that they invest millions of dollars in market research.
Market research involves taking opinions of common people in the form of paid surveys regarding the products and services they use on daily basis and paying them in return.
There are some survey websites that you can join and earn cash for your opinions taken in the form of short 5 to 10 minutes surveys.
Although survey sites don’t pay much, they are still a good addition to money making ways in your free time.
Here are some of the best paid survey sites that really pay their users and have a positive rating.
Sign up to all of these sites to make sure you make a good amount of money in a short span of time.
Survey Junkie
Survey Junkie is simply the best market research site out there with quality surveys, nice payouts, honest claims, quality customer support and most importantly NO delayed payments!
Join Survey Junkie NOW!
Join Survey Junkie NOW!
Swagbucks ($5 signup BONUS)
Swagbucks is a renowned survey site that has been on the web for the last 11 years and has paid out more than 150 million dollars to its users.You can sign up to Swagbucks free of cost and start taking surveys right away. Join Swagbucks NOW!
Earning Station
Earning Station is not specifically a survey site, rather it is a GPT ( Get Paid To) site that allows you to make money taking online surveys and completing various other tasks. Join Earning station now!
InboxDollars ($5 sign up BONUS)
Inbox Dollars is also one of the oldest survey site that has paying it’s users to take surveys and complete various offers and tasks. Join Inbox Dollars NOW!
2. Start dropshipping with Shopify
Dropshipping is by far the fastest way you can make 1000 dollars.
If you are not familiar with familiar with dropshipping, it is basically a business model in which you buy products from Aliexpress (a Chinese Ecommerce site) at a low price and sell them in the United states or anywhere else at a higher price through your own store created through Shopify.
Now you must be thinking why would anybody buy a product from you at a higher price instead of directly buying it from Aliexpress at a lower price?
Well the thing is that majority of people living in the United States don’t know about Aliexpress like they know about Amazon or eBay. This is the reason why this business model has been really successful over the years and it probably would be in the upcoming years.
The best thing about dropshipping is that you don’t have to personally buy the product from Aliexpress and ship it to the customer’s Address. The whole process is automated through an app called Oberlo which does the whole process for you from buying from Aliexpress to shipping to the customer.
If you are really interested to start this business, check out this video by Tobia Wilson in which he explains the whole process of Dropshipping process from A to Z,
https://www.youtube.com/watch?v=ykOqvTHdMVw&t=65sVideo can’t be loaded because JavaScript is disabled: Shopify Tutorial For Beginners 2019 – How To Create A Profitable Shopify Store From Scratch (https://www.youtube.com/watch?v=ykOqvTHdMVw&t=65s)
Also check out this step by step guide to dropshipping by Shopify.
Also read:How to make 10000 dollars fast [10 legit ways]
3. Sell your unnecessary stuff
Look around you and you will find a lot of unused and unnecessary stuff in your home.
Sell all of it and you would end up with a good amount of quick money.
Take a box or a bag and start searching every single corner of your home starting from your bedroom to your back yard.
Take everything that is not in your use and put in the box.
Unless you are a minimalistic, you would end up with bunch of useless items. Now it’s the time to sell them.
In my opinion the best place to sell old stuff is Craiglist. If you have never ever sold anything on craiglist, check out this article by Moneycrashers in which the whole process is explained step by step.
Although Craiglist is a great option but I would recommend you to only sell big items on Craiglist and sell small things like DVDs on Declutter and clothes on Thredup or Poshmark.
Also read:How to make money online as a teen [10 legitimate ways]
4. Deliver food
Recently I came to know about a Food Delivering service named Door Dash.
Some people on Reddit were discussing this amazing income opportunity and according to them you could make 1000 dollars a week delivering food with Door Dash.
After digging further, I came to know that Door Dash is an on-demand Food delivery service that hires independent contractors in the United States as delivery persons who delivers food for them within the United States.
The best thing is that you have the privilege to select your own working hours depending upon your daily routine.
In order to join Door Dash you need to be a US citizen, have an insured vehicle (car or bike), 2 years of driving experience and a smartphone.
The amount of money people make mainly depends upon the amount of hours they work and the vehicle you have. Bike is better because you would often stuck in traffic in case of a car.
If you are located outside the US, you can try Uber Eats.
Also read:How to make money on Steam (6 legitimate ways)
5. Get paid to write for blogs
There are a lot of blogs out there that pay you to write for them and they pay quite well.
Most of these blogs are always looking for fresh content by different people so they pay anybody who writes a quality article for them.
Although the acceptance rates on these blogs are low because of high number of low quality submissions, but if your article is right according to their submission guidelines you have a high chance of getting approved.
These blogs normally pay $50 to $500 per post so if you can write well, you can stack up 1000 dollars quickly.
Here is the list of 101 blogs that pay you to write for them.
6. Become a tutor
Teaching is one of the fastest and profitable ways to make money.
If you have a strong grip on any one subject or more, you can literally charge up to $30 an hour teaching kids from the comfort of your home.
May it be Kindergarten kids or high school boys, students always have problems with one subject or the other.
If you really think you have that teaching capability, just go out and tell your relatives, friends and neighbors about it and I am sure you would start getting the students from the day one.
You can also advertise your services on social media and Craiglist.
Also read:How to make 2000 dollars fast [34 legitimate ways]
7. Organize/Clean for people
Organizing and cleaning the home is not an easy task especially when you have a hectic routine and children at home.
People are always ready to get their home or some part of their home cleaned and organized.
If you have good organizing skills, you can offer your services to people in your neighborhood and advertise your services on Facebook and Craiglist.
Though there is not fixed hourly wage for this but you can charge more than $20 an hour for this.
8. Become an Airbnb host
If you have an extra room or two in your home, you can make a good amount of money by renting them to Airbnb.
The earning potential depends on a lot of factors like location, address, facilities, and parking etc.
Getting started with Airbnb is easy and doesn’t take much time. All you need to do is create an Airbnb account, setup up your listing and start booking stays.
Wait! For all those who don’t have an extra room in your home, Don’t feel sad because now you can work for Airbnb by hosting appearances.
Hosting experience means becoming a travel guide for visitors and taking them to interesting places in your city and trying your maximum to make their stay unique and interesting.
Also read:I need money desperately [31 legit ways to make money fast]
9. Start a blog
If you have knowledge about a topic or you have a hobby which you think you can write about, I recommend you to start a blog. With your blog you can turn your passion into an online business.
Jim has a blog, camperreport.com where he writes about campers and he makes more than 2000 dollars a month from that single blog.
All of the content present on his blog is free but he recommends various Amazon products to his users and earn a commission on each product bought through his link.
Beside recommending Amazon products to your users, there are a lot of other ways to make money from your blog as well.
If you are interested to start a blog, check out this step by step guide which explains the whole process in a beginner friendly way.
10. Drive for Lyft
If you can drive and have a licensed vehicle, you can start driving for Lyft and make 1000 dollars pretty much quickly if you drive full time.
Lyft also offers a nice sign up bonus for new drivers and do regular promotions every month which can facilitate the drivers to make more money.
Though the regular hourly rate for the drivers is low but you can avail the prime time to make more money in less time.
Prime time is when the demand for the drivers is high and the availability of the drivers is low.
Besides driving, you can also make a good amount of money by referring other drivers to join Lyft. If someone joins through your link and complete a certain number of rides within a specified limit, you’ll get a nice commission and he/she will get a nice bonus.
There are many ways you can promote your referral code to get referrals.
Many drivers print their referral codes and paste them behind their car to encourage others to join Lyft through their referral code. If you have a good social media following or you are active on forums you can get some referrals from their as well.
11. Refurbish old furniture and sell it
Do you have old furniture in your backyard that is of no use to you?
If yes, then it’s a great opportunity for you to make your first 1000 dollars fast!
The idea is to take that old furniture, refurbish it and sell it at a much price on eBay, Craiglist or some local retailer.
If you don’t have any old furniture or unused furniture in your home, you can buy old furniture from Craiglist, any garage sale around you or from your neighborhood.
If you really want to start this business, then check out this guide by Wellkeptwallet.
Also check out this video in which Jeff Baker refinishes a table quickly,
https://www.youtube.com/watch?v=Lj13bTlhYqQ&t=405sVideo can’t be loaded because JavaScript is disabled: How to Refinish a Table (Quickly and Easily) (https://www.youtube.com/watch?v=Lj13bTlhYqQ&t=405s)
12. Offer freelance web development services
Web development is a hot skill that is selling like crazy. Every second company needs a professional website for them and for that they are ready to pay huge amount for that.
Web development projects range from building small business sites to big enterprise websites with huge budget.
If you have interest in this field, you can start learning web development for free of cost from this YouTube channel.
In order to learn web development, you learn HTML first, then CSS, PHP and so on.
After learning the skill, you can start providing the services on Upwork, Freelancer or Fiverr.
Conclusion
This comes to the end of the post on how to make 1000 dollars fast.
All the ways mentioned in this post are 100% legitimate and people are really making money using these ways but like any other business i can not guarantee you of success through these ways.
If you have any question regarding the post, you can comment below,
Best of luck!
Also read:12 legit ways to make 400 dollars fast
Frequently Asked Questions (FAQs)
How to make 1000 dollars fast without a job?
You can make 1000 dollars fast without a job through a lot of ways like dropshipping, blogging, Amazon FBA, consultancy, freelancing and much more. Read this article to learn about more ways.
How to make a quick 1000 dollars a day?
You can make a quick thousand dollars a day by selling old stuff which is present at your home but is of no use to you. You can either sell them on eBay, Craiglist, or Decluttr.
How to make 1000 dollars a month as a teenager?
You can make 1000 dollars a month as a teenager by flipping stuff online through eBay or Craiglist, dropshipping, making YouTube videos, freelancing and much more. Read this article to learn more.