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You’ve come to the right place if you’re in a fix and need 500 dollars by tomorrow. Financial crises are the worst – Trust me, you’re not alone.
This article delves into the best ways to make fast cash for emergencies. I’ve been in such a bind before, so rest assured these methods are legit and proven.
Whether you want to settle a medical bill or pay off a debt, dive in for realistic ideas on how to solve your financial challenges.
I Need 500 Dollars By Tomorrow
There are plenty of side hustles that let you make extra cash. However, not all conventional side hustle ideas are viable when you need quick cash.
Considering the urgency of the matter, you can’t delve into anything that needs you to invest time and effort before producing rewards.
The best part is I’ve done the legwork for you. Instead of scrolling through endless options online, this article offers 13 of the best solutions to your problems.
Most of these methods don’t require upfront capital. This way, you have nothing to lose by trying. You can also stack several ways if one isn’t enough.
1. Sell Unwanted Items You Own
The first way to make $500 by tomorrow is by selling stuff you no longer need. I like this option because it helps you declutter your home while earning quick cash.
It’s time you get rid of those clothes that no longer fit or those Pokemon cards you’ve been collecting since you were 10.
You aren’t limited to clothes and collectibles. You can sell anything of value as long as you achieve your $500 goal within 24 hours.
Some of the best items to sell for cash include the following:
- Used books
- Power tools
- China dishes
Note that these online marketplaces charge platform fees to their sellers. With that in mind, factor the fees into your prices to make a profit.
A garage sale is convenient if you have many things to sell. Simply get the word out through social media or fliers and set up the venue.
Extra Reading – Tricks To Selling on Mercari Faster
2. Flip Stuff
Flipping stuff is worth considering if you need 500 dollars by tomorrow. The profit in this business largely depends on what you decide to flip.
Flipping involves finding low-value goods, revamping them, and reselling them at a profit. It’s, therefore, an excellent idea if you’re into DIY projects and repairs.
The best part?
You can flip virtually anything of value to raise $500 quickly. Some of the best stuff to flip for profit include the following:
- Home appliances
- Vintage goods
- Fitness equipment
The challenge with flipping lies in finding the best deals with the highest flipping margins. You can find items to flip from thrift stores, flea markets, or garage sales.
You can also browse sites like Craigslist and Facebook Marketplace for deals that are worth your time. You may find free items if you’re lucky enough.
Once you’ve found your items, it’s time to improve their appearance to increase value. Clean them thoroughly and repair them if they’re damaged.
From there, host a garage sale or list your items on online marketplaces like Mercari, OfferUp, and Poshmark to land potential clients.
You can earn more than $500 a day if you play your cards right.
3. Ask Your Friends and Family
Most people don’t like this option, but if you need extra cash and don’t have time to delve into a side hustle, asking your friends and family for help may be an easy solution.
Asking your family or friend for a loan is better than taking it elsewhere since they won’t charge interest or processing fees.
Plus, there’s room for flexible repayment terms since they’re more inclined to understand your situation.
Your family and friends may be more than willing to help since they know you well. Before approaching them, try to find out if they’re in a position to help.
You must also explain why you need the money and how urgent your situation is. From there, you must establish repayment terms and stick to them to avoid falling out with anyone.
Repaying the money in installments is a good idea if your financial situation can’t handle a one-time payment. Be honest about your financial state to avoid setting terms that don’t work for you.
4. Take Out a Loan
Taking out a personal loan from a financial institution, like your bank, is another solution if you need $500 by tomorrow.
You must have a good credit score to secure a loan within 24 hours. Checking eligibility requirements before applying is wise to avoid wasting time.
Also, select a lender that offers same-day funding to get your money by tomorrow. You can take a loan from your bank or credit union.
However, banks and credit unions usually process loans within 1-7 business days. So, there’s no guarantee you’ll get your cash within the same day.
Online lenders like ZippyLoan and Happy Money are the best options for a quick loan. Review different lenders to find the best repayment terms and lowest interest rates.
While taking out a loan is among the quickest options if you need $500 by tomorrow, a side hustle is better than going into debt.
5. Pawn Valuables
Do you need to raise $500 by tomorrow? Pawning won’t earn you 100% of the value of your items, but it’s among the quickest ways to get emergency money.
Another upside is you can repossess your items if you repay your loan within the stipulated time. Plus, pawn shops don’t care about your credit score.
Your item’s value must be above $500 to raise that amount.
Most pawn shops give you a fraction of your item’s value as a precaution in case you fail to repay their money. They need to make a profit when they resell your item.
With that in mind, I recommend pawning items with no sentimental value. Here are some of the things you can pawn for $500.
Some of the most common stuff pawn shops buy include:
- Vintage goods
- Precious metals
- Musical instruments
You must be willing to negotiate to get the best deals from a pawn shop. You can increase your item’s value by cleaning or repairing it in advance.
A notable disadvantage of pawn shops is their high interest rates—most charge between 20% and 25% per month.
Taking out a personal loan or asking for help from friends and family are better options.
Extra Reading – Surprising Things You Didn’t Know You Could Pawn
6. Use Gig Economy Apps
Leveraging gig economy apps like DoorDash and Uber Eats is a nice way to raise $500 within a short time. All you need to get started is a vehicle and a valid driver’s license.
Here are some of the best driving apps to make money:
- DoorDash: This is one of the leading delivery companies in the states. Expect to earn about $10-$30 an hour.
- Uber Eats: Another job like DoorDash that pays you to make deliveries around your city.
- Instacart: This company pays you to shop and deliver groceries to other people. Average earnings are between $11 and $25 an hour.
- Shipt: You can earn between $10 and $30 per delivery based on location.
- Amazon Flex: Another driving gig that pays $18 to $25 per hour.
- Walmart Spark: Deliver groceries to customers to make quick cash as a Walmart Spark driver.
- Roadie: Earn up to $13 for local deliveries.
- GrubHub: This is another delivery app that lets you make quick cash.
Say the average earnings per delivery is $20; you’ll need to complete 25 deliveries to earn $500 within a day.
This may be challenging, but it’s possible if you take advantage of peak hours and stack several apps.
Encourage tips through excellent customer service and fulfilling deliveries within the shortest time.
7. Do Odd Jobs
Odd jobs are a nice way of making quick cash if you enjoy handy work. You have a better chance of raising $500 in a day if you combine odd jobs with your day job.
Signing up on apps like TaskRabbit is a step in the right direction if you’re interested in odd jobs within your area.
TaskRabbit connects you to people who need services like moving furniture, washing windows, and cleaning houses.
A major advantage is the level of flexibility the site offers. TaskRabbit lets you set your wages and work when you want, making it a great side hustle idea.
Your income depends on your location, skills, and the services you offer. Cleaning jobs pay between $21 and $40 per hour.
If you’re seeking jobs that pay $100 an hour, consider working as a painter. Note that TaskRabbit charges a one-time $25 fee.
Other odd job apps worth considering include Steady, Wonolo, and Thumbtack.
8. Use Cash Advance Apps
Consider using cash advance apps if you’re still looking for ways to make $500 by tomorrow. Such apps let you borrow money in advance of your paycheck.
Besides giving you money instantly, another advantage of cash advance apps is they don’t check your credit score. Plus, most of them loan you money at zero interest rates.
Albert, Dave, and Brigit are excellent options when you need money before your paycheck arrives. Albert and Brigit let you borrow up to $250, while Dave offers a maximum of $500.
While cash advance apps are an excellent go-to when you have a financial emergency, getting into the habit of using them may have a negative impact on your long-term financial standing.
Repeated loan cycles leave little or no money for you to save up toward your future goals. Therefore, I wouldn’t recommend this option unless you’re in an unavoidable circumstance.
9. Donate Plasma
Donating plasma is another way to make free cash while saving lives. According to CSL Plasma, you must meet the following requirements to be eligible as a donor:
- A valid ID
- Be between 18 and 74 years old
- Weigh at least 110 pounds
- Meet screening requirements
- Have no tattoos or piercings four months prior to donation
- Have a permanent address
According to DonatingPlasma.org, over 900 licensed plasma centers exist in the US, Europe, and Canada. Here are other highest-paying plasma donation centers.
You’ll receive $50 to $75 in compensation per session. You can easily make $1,000 within your first month if you’re a regular donor.
Some donation centers offer a referral bonus when you invite your friends to donate. For instance, Octapharma Plasma offers $25 when your referral makes their first donation and an additional $25 after their second donation.
While donating plasma is an excellent way to help others and make money, you must familiarize yourself with potential side effects.
Most side effects, like dizziness and fatigue, are minor and more common. More severe side effects include infections and arterial puncture.
Always ensure you donate at accredited centers, hydrate, and donate within the acceptable frequency.
10. Leverage Sign-Up bonuses
Taking advantage of apps that offer signup bonuses is another way to make quick money in one day.
Plenty of sites and apps pay you to try out their platforms. Making $500 solely from this might be challenging, but you can stack this with another side hustle idea.
Here are some of the best signup bonus offers right now:
- Upgrade: This company pays you $200 for opening a Rewards Checking account.
- Current: This fintech company offers a $50 sign up bonus for creating a savings account and depositing $200 within the first 45 days.
- PayPal: Currently offers a $10 sign-up bonus for new users and up to $100 when you invite 10 friends.
- Ibotta: Offers between $10 and $20 for free when you sign up.
- Go2Bank: Earn a $50 signup bonus when you join via a friend’s referral link.
You can make $500 in a day by signing up on multiple sites since one isn’t enough to cover it. Research and read the fine print of the terms and conditions before signing up on any platform.
11. Walk Dogs or Pet Sit
Pet sitting is the ideal side hustle idea for pet lovers. Judging from the average hourly pay of $15 an hour, you can make $500 within a day by sitting several pets simultaneously.
You can also increase your earnings by pet sitting overnight or having the pets stay at your place. Simply ask your friends, family, or neighbors for pet-sitting gigs.
Alternatively, sites like Rover connect you to pet owners who need people to care for their pets while they travel for work or vacations.
This is among the best side hustles for teens. It’s nothing you haven’t done before. You simply need to feed the pets, clean them, administer medication, and take them out for walks.
Pet sitting requires no special qualifications, but you can charge more if you’ve undergone basic first-aid training or have prior experience.
12. Trade Crypto
Still looking for ways to raise $500 by tomorrow? Trading crypto is an excellent way to reach your goal.
The venture is risky but is also highly profitable. You may end up with more than $500 and a newly discovered hobby.
Nexo is a great place to start if you’re interested in day trading cryptocurrencies like Ethereum, Bitcoin, and Tether.
With Nexo, you can earn up to 16% daily interest on your cryptocurrencies, an excellent way to make money while you sleep.
The platform also lets you exchange crypto with zero fees. Plus, you can take up loans against your portfolio at zero interest rates.
Besides trading for profits, Nexo offers $25 worth of Bitcoins for every person you refer to the platform.
While trading crypto provides a quick answer to a financial emergency, you may lose your investment if you make the wrong move.
13. Sell Your Car
The final way to make $500 by tomorrow is by selling your car. Many people will advise against selling your vehicle, but it makes sense if you’re in a financial crisis and the car is too expensive to maintain.
However, you must first consider the logistics of how you’ll survive without a vehicle. The cost of public transport shouldn’t exceed that of owning a car.
You can sell your car to a family member or friend or use online platforms like Auto Trader and Cars.com. You can also find a local buyer on Craigslist or Facebook Marketplace.
Mileage, age, and condition are significant factors to consider when setting a price for your car. Be sure to settle on a price that isn’t too exaggerated or doesn’t leave you suffering losses.
Tips for Making $500 By Tomorrow
Here are some helpful tips if you need $500 by tomorrow:
- Do your due diligence: Research different apps, sites, and programs to land the best deals and avoid scams.
- Stack multiple options: One method of raising money may not do it within a few hours. Consider venturing into multiple options simultaneously to maximize your earnings.
- Negotiate: Some options, like pawning or selling your stuff, need you to be willing to negotiate to get the best deals.
I hope my article is helpful if you’re in a financial crisis and need $500 by tomorrow. If you play your cards right, there are many ways to raise that kind of money within a short time.
Whatever path you choose, doing your due diligence is vital to avoid losing money while trying to make some.
Also, building an emergency fund in advance helps you handle such situations without breaking a sweat.
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