How to Make $500 Fast in 2021 (29 Proven Ways)

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No doubt, by the end of this article I can teach you how to make $500 fast. And, who couldn’t use an extra $500 right now?

Imagine if $500 was just sitting in your bank account seven days from now. That would be pretty cool, right? (That is enough money to get one Chipotle burrito a week for a year!)

Well, unless it’s tax refund season, the chances of you seeing $500 magically appear in your bank account are slim to none. However, below you will find a list of strategies and a wide variety of ideas to help you make $500 fast.

This article will provide you with tips to earn money online as well as some long-term passive income ideas that could help you make more money down the road too!

 


How to Make $500 Fast in 2020:

Table of Contents

 

This article was originally posted on Money Life Wax.

ABOUT THE AUTHOR:
Josh Hastings writes about ways to make money, pay off debt, and improve yourself. After paying off $200,000 in student loans with his wife in less than four years, Josh started Money Life Wax and has been featured on Forbes, Business Insider, Huffington Post and more! In addition to being a life-long entrepreneur, Josh and his wife enjoy spending time with their chocolate lab named Morgan, working out, helping others with their debt and recommend using Personal Capital to track your finances.

Sell Vinyl Records Online and Earn Fast Money

sell-vinyl-records-onlineIf you have an interest in learning how to earn fast money, you should sell vinyl records online. According to studies, it has been determined that vinyl has the potential to make records returns on investments. Several years ago, it was believed that CDs and the mini-discs that were released would result in the dwindling of the demand for vinyl records. Initially, this did happen. However, as time progressed, music fans realized that they preferred the quality and the sound of vinyl over CDs and mini-discs. Immediately upon realizing this fact, collecting vinyl records started to, once again, become an exceptionally popular endeavor among music enthusiasts. You can now purchase a record player for sale online, and traditional records are considered to reflect iconic moments within the music industry. In fact, serious collectors consider these products to be pieces of culture, reflections of our society. If you want to make money and have very little as an initial investment, you should sell vinyl records online. In this guide, you will be introduced to information that will allow you the highest level of success when you elect to sell vinyl records.

Nostalgia

When CDs, mini-discs, and even MP3s hit the market, the formats seemed to offer a higher level of convenience to traditional vinyl records. A wave of excitement seemed to generate among music enthusiasts; however, now that time has progressed, those same individuals are going back to the appeal and traditional of vinyl. While it is true that vinyl is now drawing the interest of ALL age groups, it is most notable among those that were brought up listening to the traditional records. Nostalgia, more than anything, is now considered to be the key driving force behind the vinyl record comeback. In searching for the most profitable records, the most sought-after pieces include works from Elvis Presley, Marc Bolan, Bob Dylan, Cliff Richard, Jimi Hendrix, and Elton John. If you have an interest in learning how to earn fast money, you must start by focusing on acquiring nostalgia records. Once you obtain those pieces, you will find that you are easily able to sell vinyl records online for thousands of dollars a piece on sites such as eBay!

Do Your Research

When you decide to sell vinyl records online to earn fast money, it is imperative that you do your research on the albums prior to placing them for sale. There are many factors that should be considered. First, what condition is the record in? Is it an original vinyl pressing? Is it an original release or a duplicate release? How many copies are in circulation? Does the cover include special artwork? Do you have an autographed piece? If you have an autographed copy of a vinyl record, is the signature authentic? All of these factors have the potential to increase the value of the record that you possess. Simply do your research and you are sure to get top dollar for your merchandise! If you want to get inexpensive merchandise as an initial investment, try out your local Goodwill. Currently, they sell 10 records for $2.00! Given the fact that it is very possible to sell vinyl records online for $10.00 – thousands of dollars, you have the potential to make your money back several times over!

Earn Cash Money Online By Selling Clothes

Earn Cash Money OnlineIf you are searching for a fun, creative, and legitimate way to earn cash money online, simply sell clothes! We all know that the acquisition of money is one of the most challenging, yet highly desired, tasks of all time. If you are reading this guide in an effort to learn how to get free money online, chances are, you have a regular job; however, the funds that you receive from that job are either too low to meet all of your financial obligations or not enough to get you where you dream of being in life. You are not alone. Millions of people, worldwide, suffer from money challenges, despite the fact that there is more than enough money to go around. The secret is simply knowing how to get your hands on the money that is currently in circulation. You must simply target a market and know their needs. Everyone needs some degree of clothing and enjoys clothes, so, what better way to earn cash money online than to sell clothes?

There are, essentially, two main ways to earn cash money online by selling clothes. First, you may elect to sell your old clothing when closets become difficult to close or drawers become overstuffed. Second, you may purchase clothes through thrift stores, yard sales, garage sales, and other second-hand venues for low prices and resell the clothing online. In order to get free money online by selling clothes, you will need to research the brands, materials, and clothing pieces that are highest in demand. One of the best ways to do this is to search completed and sold listings on eBay. You will want to select the “Used” option, and the price, “Highest to Lowest”. Let’s search “shirt”, for example:

One of the highest priced shirts sold was titled, “Vintage Ultra Rare 1970s Led Zeppelin World Tour Screen Stars Black XL T-Shirt”. It sold on March 16th 2015 for a “Buy it Now” price of $2,000.00. The seller offered free shipping to the buyer. The buyer included the following information in the listing:

“Vintage 1975 Led Zeppelin World Tour T-Shirt

Size – XL

This shirt is 40 years old…

I bought this shirt at a Led Zeppelin concert on February 4th, 1975 at Nassau Coliseum… Oh what a show it was…

20″ armpit to armpit

27″ from back of neck to bottom

***** Super Rare Shirt – Hard to Find *****

***** Excellent Condition – Super Soft *****

It’s been sitting in my closet sad and ignored for over 35 years…

Screen Stars – 50% Cotton – 50% Polyester

***** Made in the USA *****

***** Smoke Free – Pet Free Home *****

Will ship out USPS Priority Mail with Tracking and Insurance…

– No Returns –

I would be glad to answer any questions that you may have and will respond ASAP”

No sales pitch, no hype. The shirt sat in the seller’s closet for several decades, yet sold for a whopping $2,000.00! Now, imagine if you had a shirt like this, or found a shirt like this at a local thrift store for $5.00….What an amazing profit you would make! This is just one example of how to get free money online by selling your clothes. Of course, there are jeans, shoes, and other types of apparel that have the potential to bring in even MORE money than this item did! Best of all, you may sell your clothing on many different venues other than eBay. If you want to earn cash money online selling clothes, you may check out websites like Amazon, Tradesy, Thredup, Poshmark, and Linda’s Stuff!

Various Tips About How To Save Money On Groceries

Many people struggle to reduce their budget on groceries. There are many ways you can save on groceries while eating healthy. Below are tips and tricks to help you save money while shopping for groceries

Plan ahead – Before heading out to the store, have a plan on what you wish to buy. Create a list of the items you need, as it will help you stick to your budget and avoid impulse buying. Also avoid shopping when you are hungry as you might be tempted to buy things you don’t really need.

Buy items in bulk – Items bought in bulk are cheaper. Care should be taken not to buy foods in very large quantities to avoid spoiling.

Take advantage of coupons – Although the savings on coupons are small, they add up and can help you save a significant amount of money. Find out the various offers available before making your purchase to enjoy the discounts. Caution should be taken however not to buy items on impulse just because you have a coupon.

Save Money on Groceries

Buy food items from the source – Buying food from the source is cheaper than buying in stores. Farmers are always looking to sell their produce and since they produce these foods in bulk, the prices are cheaper. Their products are also fresh and will last longer.

Choose a budget friendly store – Some stores are popular for their low price on items. Always choose to do your shopping in such stores, as it will help you save a lot of money on your grocery bill.

Buy season items – Fruits and vegetables are available in different seasons. Buying food products that are in season are always cheaper than buying those that are out of season.

Check the price tag – While shopping; it’s important to check the price tag on the product. This will help you to go for complementary foods that have a cheaper tag. Compare the different prices on the tags and choose the most affordable one.

Take advantage of membership cards – Some stores offer membership cards to their loyal customers. When you buy products, you get points which you can redeem for shopping vouchers or cash.

Check the expiry date on products – It’s important to check the expiry dates on products. When you are shopping, checking the expiry date will help you buy foods that will stay a little longer before expiring.

Grow your own vegetables or herbs – Whether you have a small apartment balcony, or large backyard aim to grow your own food. Some of the foods you can grow in your home garden include but not limited to onions, cucumber, tomatoes, herbs, potatoes, vegetables etc.

Avoid shopping in hurry – Try to shop when you are not pressed for time as it will help you make better decisions and judgments as you shop. Also if possible, avoid bringing people that might distract you such as children.

If you are looking for ways on how to save money on groceries, simple changes will go a long way in helping you achieve your goal. With the current hard economic times it’s important to find ways to save every penny. Grocery shopping is one of the areas where you can cut back on and the tips mentioned above can help you save a lot of money.

Have you ever heard about “Empty Cupboard Method“?

You can have lower groceries bill by using the above method.

How To Get Free Money From Pocket Money

If you regularly receive pocket money, there are many ways of making sure that you get some free money out of it. One of the best ways of doing this is by simply having a way to save the money that you get. This might sound simple on the surface, but it is in fact one of the most difficult things for anyone to do. Less than half of the people who receive a regular income in any form don’t usually save. However, with just a few tweaks, you can do this very easily. Some of the things you can try out include:

#1) Having A Budget For Pocket Money

It’s very important for you to have a budget if you are ever to do anything meaningful with your money. When you are interested in getting some free money, you should make a point of writing down everything you intend to spend on your income, and then finding out how much you can afford to save. If you are not keen on doing this manually, you can find other more effective ways of coming up with a budget. If you own a smart phone, for instance, you could download an app that can be used to manage your finances. Some of these are free and have many tools that can be used to make budgeting much easier.

#2) Always be on the lookout for discounts

Pocket Money

Most of the time when one receives such money, they usually have to use it for something specific. For instance, you could be given the money to buy food or other items. In such cases, one way to save would be to find discounts that you can use to buy what you need and still end up with left over money. For instance, you could decide to buy what you want online, and then use the easy to find coupon codes to get massive discounts on such items. In addition to that, you could opt to buy what you need in bulk. If you have to buy food every week, for instance, buying it once rather than every day could end up saving you money. The fact that you would need to buy it in bulk means that you could buy from wholesalers rather than retailers. In addition to that, you also get to save money and time since it means that you won’t have to keep going to buy what you need.

#3) Learn to prioritize

In addition to that, you also need to learn how to prioritize how to spend money, and to deny yourself what isn’t really necessary. This is one part of saving that requires a lot of discipline, but it usually turns out to be very beneficial if you master it. In order to do this, you might also have to scrutinize how you currently spend your money, and then identify what you can do without. In most cases, you will be surprised to find that you spend a lot of money on things that you don’t really need, and that avoiding them ends up saving you a lot of money.

The Bible and Money, Who Knew?

what-does-the-bible-say-about-moneyThe last 100 years or so have seen thousands of books written about how to handle money. But the Bible–a book that dates back through millennia–contains plenty of advice that is amazingly relevant in a complex global economy today. Of course, as is often the case, many people misconstrue Biblical teachings about money–or simply ignore them altogether–if they don’t say what we want to hear. But the fact remains that Biblical advice about money is just as reliable as the best offerings from more recent times, for both believers and nonbelievers. The two main areas where this is best illustrated are addressed in this article.

Making The Most Of Your Money

Many Christians spend considerable time working with their investments. They read the Wall Street Journal, carefully watch business news networks, or frequently research certificate of deposit rates. These people may be criticized as being greedy, but that’s not accurate.There’s a thin line between greed and the desire to simply use money wisely. The underlying issue is really about why you want to make more money. Is it to fund sinful purposes like gambling or binge drinking, or are you just trying to make sure that you can provide for your family?

In the parable of the talents (Matthew 25:14-30), Jesus illustrates the point that not only does God permit wise investments, he encourages it. Remember that the story illustrates the different ways that the servants put their talents to use. Two of them invest the money and reap a return; the third hides the money away and neither loses nor gains. The master admonishes his unwillingness to make the money work for him, saying, “…you ought to have invested my money with the bankers, and at my coming I should have received what was my own with interest.” (ESV)

So it’s clear right there in the New Testament (among other places) that God wants us to grow our money, not just hold it. The important thing is that we are using the increase for positive purposes, like educating our children or helping those in need.

Meeting Obligations To The Government

There may have never been a time when more attention has been paid to the separation of church and state. The Affordable Care Act’s provisions for birth control; placement of religious objects on government property; and a Kentucky county clerk’s refusal to issue marriage licenses to same-sex couples has drawn many eyes to this aspect of constitutional and case law.

Somewhere in this swirl of debate has been mentioned the issue of paying taxes. Some believers have gone to the extreme of saying they owe no financial obligations to an earthly authority, while others have used the Bible to justify their stance on these divisive issues.

Mark 12:17 addresses taxation directly, with Jesus being asked if Christians should pay taxes to a secular government. His reply: “Jesus said to them, ‘Render to Caesar the things that are Caesar’s, and to God the things that are God’s.’ And they marveled at him.”

This is another clear-cut explanation from the Bible that the teachings of Jesus align with common sense and obedience to earthly law. You pay your taxes. Your government says so, and God is fine with it too. No excuses!

It’s long been accepted that the Judeo-Christian ethic has driven many of the laws in the U.S. But for those less familiar with the Bible, there is a lower awareness of just what other parts of life are well-guided within its pages. Common sense, honesty, and fairness are infallible, and thousands of years have proven it.