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Thursday, 8 January 2015
Ways You Can Make an Extra $500 a Month
What would you do with an extra $500 a month? Pay
down debt? Invest it? Save it for a big purchase?
I can think of a hundred different things you could do
with an extra $500 a month. And the good news is that
it really isn’t as hard as you think to make that money.
Sure, it will require hard work and consistency on your
part, but it can be done.
If you’re in need of some extra money here are some
ways you make an extra $500 a month.
Flip Items for Profit
How fun is it to find a good deal on something and then
resell it for a profit?
If this is something you’re good it consider flipping
items. Look on Craigslist, Facebook Yard Sales, thrift
stores, and garage sales for bargains.
You can either find items that are really underpriced and
resell them as is, or you can find larger items like
furniture, give them a makeover and then charge double
or more of what you have in the pieces.
Detail Cars
Detailing cars could be the fast route to that extra $500
a month. On average you can charge $100 per car. (You
may be able to charge much more for really dirty cars.)
You’d only have to detail 5 cars per month to earn your
$500!
Best of all finding 5 clients shouldn’t be too hard and
you’ll get to work around your schedule.
Become a Search Engine Evaluator
Did you know that the big search engines like Google,
Yahoo, and Bing actually pay people to critique their
search results?
Here’s how it works: you check the results of certain
searches and then rate them. Basically you’re telling the
search engines whether they’ve done a good job or not.
The pay usually ranges from $12-$15 dollars per hour.
If you started off at $12 an hour you’d need to work
about 42 hours per month or 10 hours week to reach
your $500 goal.
Write for Money
Writing for money has become a very popular way to
bring in some extra money each month. That’s because
there are countless businesses in need of new content
for their websites or blogs.
The pay you receive varies widely when it comes to
writing. For instance if you write for magazines you
might be able to pull in $500 for one feature article. If
you write for blogs you can charge $20 – $30 per blog
post meaning you’d need to write 17 – 25 articles per
month to reach $500.
Then there’s the low hanging fruit that many writers
choose: content mills. Content mills are simply writing
platforms where businesses request articles and writers
can choose which ones they want to write. The catch?
Many content mills will only pay about $2 per article
meaning you’ll have to write 250 pieces before you
reach $500!!
My advice is to go with one of the first two sources
mentioned.
Clean or Organize for Others
Everyone is busy these days. As a result chores like
cleaning and organizing are being hired out.
If you’re a great cleaner or organizer capitalize on those
skills! Charge $50 per house (or more for large houses)
and go in there and get the job done. You can start out
by cleaning and offer organizing as an add-on service
to your cleaning clients.
If you can get 10 repeat clients every month you’re on
your way to at least $500 a month in extra money!
Do Odd Jobs
If you like to work with your hands, know how to fix
things, and have no problem working a variety of jobs
mix it up by doing some odd jobs.
A lot of times you’ll see postings on Craigslist where
someone needs help moving, mowing their lawn, or
planting their garden. So start there. Look for different
jobs that you can do.
You can also market your services by word of mouth.
Make a list of services you want to offer, post them on
your Facebook page, and have your friends and family
do the same.
Conclusion
These are only 6 ideas for you. The truth is when it
comes to making extra money you’re only limited by
your imagination.
If none of these ideas resonated with you sit down and
make a list of your skills. There’s surely something that
you’re good at that will help your bring in that extra
$500 a month.
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