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.
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.
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.
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).
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).
Make an Extra $500 With Cash Back Apps and Credit Card Reward
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.