Wondering how to make $500 a day in the real world?
Then you’re definitely not alone.
The road to making as much money as this in a single day isn’t smooth.
But then, it’s possible to gross this figure and even much more than this in a day.
If you made $500/day consistently for the next week, you’d have $3,500 dollars.
That’s $500 bucks into 7 days.
And then in a month, you’d have $15,000 dollars.
That’s a lot of money, and much more money than the average physicist in the US makes in a month.
In one year, that’s about $180,000 dollars.
This is much more than the average doctor’s annual income/salary in the United States.
Moving forward, there are several ways to make $500 a day.
All of these methods are realistic, and then there’s no 100% guarantee that you’ll make as much money as this with all of these methods.
The goal is to stick with what works for you and stay focused.
$500/day can be generated passively or actively.
This means that you can put some things in motion to make this happen even while you sleep or you can manually or mechanically make it happen with your 100% involvement or engagement every single time.
So, how can you make $500 dollars in a day?
Here are 21 ways to make this happen in the real world.
Some of them are passive income methods and others aren’t.
Stick to what works best for you or what seizes on your interest.
1. Social media influencer
Becoming a social media influencer is a lot of work.
But then, guess what?
A lot of good comes with it too.
As a social media influencer, you basically have a way of influencing the decisions of people; your followers.
These people or some of them idolize you – they’re your fans and then they’re willing to go the extra mile for you.
Depending on their level of loyalty, they’re willing to open up their wallets to you or to the companies or businesses you promote.
With this knowledge, brands will approach you to promote their products on your page which will ultimately lead to increased patronage on their end.
You will not be doing this free of charge of course.
But for a fee (which will depend on the number of followers you’ve got).
Depending on what you’re known for, you can make tons of cash from a single partnership with a brand or a business.
Or a single individual advertiser.
Although you won’t get juicy deals like this every single day, you can make $500 a day on days when they come knocking.
It’s easy – you promote sponsored content and then get paid.
As a social media influencer, you can also promote your own products or sell your products to your followers.
This is one of the best ways to generate passive income from your fame or presence as a social media influencer.
It’s pretty easy, and you need to have a good product.
Or something worthwhile.
If you sell counterfeit products (or course or whatnot) to your followers, don’t expect them to hail you or promote your products to their own followers, families or friends.
If you want to make it big as a social media influencer, then you have to consistently publish great content on social media, and then create a good product of your own that people can buy or learn from.
2. Freelance writing
Writing is a gift. It’s perhaps one of the most common mediums of communication across the globe.
Moreso, freelance writing is also writing as a business or a service.
You write for people and they pay you.
Depending on your expertise, you can make up to $500 a day as a freelance writer.
The first thing you probably want to do is to hone or polish your writing skills.
Won’t be easy, but in this case you’ll need it.
You could do this on the job – working on your writing skills as you take up freelance gigs.
Afterwards, you’ll need to source for freelance gigs on platforms like Indeed, Fiverr, Upwork, Simplyhired, Toptal, and Freelancer.
If you’re pretty good and you have some experience in the writing or freelance writing world, then you’ll be paid more.
For starters, it’s difficult to get gigs and the reason for this is pretty obvious – people don’t want to give their jobs to starters.
Even as a starter, you’ll be able to get some good writing gigs on these freelance marketplaces if you’re resiliently looking for them.
Depending on the agreement between you and your freelance employer, you can earn a fixed pay for a writing gig or get paid per word.
I’d recommend you opt for the per-word payment as it’s more profitable. So, per word, you can charge anywhere from $0.02 to as high as $2 dollars.
If you’re a pro freelance writer, then $0.5 is a good place to start.
This means you’ll earn $500 dollars for every 1,000 words of content you write.
And if you happen to write 2,000 words of content, that’s $1,000 dollars.
The intriguing part is that you can make so much money as a freelance writer. It only takes time (for the inexperienced) to get writing gigs.
Where to get started
So, right now if you want to get started with freelance writing, sign up on these freelance marketplaces or platforms right now:
- Fiverr
- Problogger
- Flexjobs
- Freelancer
- Peopleperhour
3. YouTube content creation
If you go on YouTube right now, you’ll see hundreds upon hundreds of videos uploaded by different creators.
Now, these people make money from these videos while utilizing various monetization techniques.
On YouTube, you can freely create a channel and consistently upload videos to make money.
And if your aim is to make $500 dollars a day, then this is a very realistic option.
You can make upwards of $500/day on YouTube.
But it takes time; a lot of time.
And there are a couple of skills you’ll need to pick up along the line.
Skills like video editing and graphics designing.
Other than that, you’ll need to adhere to the copyright policies and general policies for creators on the platform.
While there are different content creators on YouTube making these videos, they’re all in different niches and they generate passive income (mostly) in different ways.
Some of the ways to make money on YouTube up to $500/day include YouTube ads, affiliate marketing or affiliate product sales, course or your own product sales, and brand sponsorships or individual advertisements.
Launching a YouTube channel is free, but it takes a lot of work to grow it to the place where it’s generating passive income for you even.
You could go weeks without making a video and still get paid by YouTube.
First things first, focus on a niche and consistently make high quality videos around that niche.
4. Forex trading
Another way on how to make $500 a day is by trading the forex market.
You have to learn how this works if you want to make money at all from the market.
Without knowledge, your efforts will be in futility.
And the best investment is usually to invest in yourself; not some other forex trader.
Learn to trade for yourself.
You can only get better at doing this with time.
Moving forward, making $500/day is a realistic goal if you’re experienced and have a proper risk management strategy.
You’ll also need to have a high win rate strategy to make this work.
But then, you probably won’t be making $500 dollars every day you go face-to-face with the forex market.
Some days might be higher and some other days, lower profits may come in.
There’s also a high chance to bear losses in the market.
That’s why it’s important to acquire the requisite knowledge you’ll need to trade (profitably).
And even with the best strategy in the world (which there really is not), you’re still prone to losses from time to time.
The idea behind this is to win big when you win, and lose less when you lose.
One factor that also determines the size of your profit or your loss is the size of your capital.
Of course, you’ll need to have some capital or funds set aside to trade.
The fatter your capital, the more money you can make from trading the forex market.
You’ll also take less risky trades to make more money.
When it comes to trading, you need a BROKER.
These are companies that allow you access to the market.
Without a brokerage firm, you can’t trade the Forex market. It’s that simple.
To get started, first sign up with a brokerage firm, and here are my top picks so far:
- Pepperstone
- IC Markets
- IG Markets
- AvaTrade
- Tickmill
5. Blogging
Blogging is one of the best ways I personally make money online.
Even though I’m currently not making a cent off this blog at the time of this writing, I’ve made lots of cash from blogs I owned and sold in the past.
Still pretty new, but my hopes are high with this blog.
If you’re talking about making $500 a day, then this is something you can make happen with a blog.
Quite a popular word around the web is a “blog”.
This is a site or location on the web where people go to for specific information.
The blog is frequently and regularly updated with fresh information for people to consume.
And right now, there are over 600 million blogs on the internet. Not all of them are making or generating passive income.
Some of them are, and not all of them are actually making up to $500 dollars in a day.
For the record, some of the highest earning blogs generate several million dollars every single month.
They’re corporate blogs.
Some of the highest earning individual blogs that are owned by everyday people or single authors also generate hundreds of thousands of dollars every single month.
Here’s a list of the top 5 highest earning individual blogs and the names of their authors (just to give you a clue):
| Domain Name | Income (Per Month) | Author |
| Timothysykes.com | $1,000,000+ | Timothy Sykes |
| Melyssagriffin.com | $280,000+ | Melyssa Griffin |
| Dollarsprout.com | $145,000+ | Ben Huber and Jeff Proctor |
| Makingsenseofcents.com | $125,000+ | Michelle Schroeder Gardner |
| Createandgo.com | $110,000+ | Lauren McManus and Alex Nerney |
Source: Quickblog.co.
Although this is stale information, these bloggers are earning way more than this right now.
They’re probably making about 1½ more money than the figures replicated on the table.
The good news is, you can also become a part of the bloggers making a lot of money.
On average, it takes 2 years to start making $1,000 dollars a month from blogging.
But if your goal is to make $15,000 a month or $500/day, you won’t have to wait 30 years (since 2 years is what it takes on average to hit $1,000/month).
There are different ways to go about this and one of the many ways is smart monetisation.
Once you launch your blog, you should immediately find the best ways to monetize it other than display ads.
The most common way bloggers monetize their blogs is from display ads.
And this just leaves so much more money on the table.
While it’s a great idea to go with display ads, you’ll probably make 10× your income from display ads if you subscribe to selling affiliate products and your own digital products too.
How can I start a blog on my own?
It’s pretty easy to start a blog.
What you need to do is figure out the niche or area of your blog – what you’d like to blog about.
Afterwards, sign up with a hosting company where you can both register your domain or blog name and get a hosting account.
One of the best hosting companies I recommend (which I currently use on this blog) is Namecheap.
Like the name says it all, you’ll get a domain name and hosting account at a cheaper rate with no compromise to the quality of their service delivery.
Here are the steps involved in starting a blog:
- Figure out the name you’d like to call your blog.
- Go to Namecheap.com to register the name and get a hosting account.
- Install WordPress from the Softaculous dashboard.
- Design your blog.
- Start publishing content.
Beneath every outlined list here are more details but then it’s something I’ll need to anchor in a different blog post from this one.
If you want to learn how to make $500 a day or $15k a month, then starting a blog right now is a step in the right direction.
Ready to get started? Go to NameCheap.com
6. Freelance programming
Programming is basically one of the many things that’s made it possible for you and I to make use of the web.
Without it, the internet would probably not be in existence today.
It’s a very important skill too, and if you’re good at programming, you can easily make $500/day with a simple freelance gig.
There are multiple ways to make money as a programmer and I’ll highlight each of them right here:
Freelancing
This includes finding jobs on freelance marketplaces and you can work for multiple clients at the same time if you can.
It’s somewhat challenging to get gigs as a freelance programmer, but you can definitely make $500 bucks in a day if you’re versatile, competent, skilled and efficient as a programmer or developer.
As a freelance programmer, you can source for jobs on freelancing websites that peer you with employers or people looking for programmers.
Some of these marketplaces for programmers or freelance programmers include the following:
- Toptal
- Guru
- Upstack
- Fiverr
- Upwork
Software/web tool development
You can create a software or web tool to make money passively as a programmer.
This can happen very fast if you’re really good, and you can print real big cash with your tool or software if it goes viral.
One of the ways to make this a reality is to embark on critical thinking.
Think about a problem that people face and then think of a solution that can come in the form of a software or web tool.
People are in search of tools to make their lives easy.
And if you can create a digital tool or a software to make this happen for them, then they’d be willing to open up their wallets to you.
With this idea, you can absolutely make more than $500 a day, but it’ll cost you money to promote your tool and to fully develop the tool.
If you’re really good as a programmer or a web developer, you’d be able to single-handedly build your tool from start to finish.
With a web tool or software, you can integrate premium features that people subscribe per month or annually to access.
Quick math: If the premium version of your web tool or software costs $33 dollars per month or $317 (on discount mode) per year and you’ve got 5,000 users/subscribers, that’d be $165,000 per month.
Or $1,585,000 per year (which translates to $132,083 per month).
Breaking the figures into daily passive income, you’d earn more than $4,000 every single day.
It takes a lot of effort to build a digital tool or software, but you won’t regret it afterwards.
Course sales
Tons of people want to learn from you.
You can create a good course to teach them aspects of programming, web development or web design that you’re versed in.
Although it takes days to weeks or months to create a course, the income from sales is passive.
And yes, you can make $500 a day with a good course especially if you already have an audience online.
Majority of the influencers on the internet are taking advantage of this, the art of creating and selling courses, to enrich themselves.
The best part is that you’re actually getting paid to disseminate information and transfer knowledge which is a good thing.
Depending on the quality of your course, you can earn anywhere from $30 to $2,500 per sale.
The quality and content of the course will determine how you price it.
On the bright side, make sure you’re actually giving something of value – if it takes you a week or a month, or a couple of months to prepare a solid flagship course, do just that.
Content creation
Very similar to creating a course, but this has to do with creating videos and blog posts about programming.
You can either launch a YouTube channel to make this happen, start a blog or do both of them.
As a programmer, you can also double as a content creator (video maker for YouTube or a blogger).
Whichever one you choose is fine depending on your personality.
Both platforms – YouTube and a blog – can generate Passive Income for you as a programmer.
You’ll simply create educational content on your platform and monetize it with time as they gain traction.
7. Rental equipment
Rental equipment are assets that you can rent out from time to time.
People will come around to rent them and return them within a specific timeframe.
Afterwards, they’ll return them and you can rent them out to new sets of clients.
It goes on and on and leaves money in your pocket every time.
They’re durable assets or equipment, and you only get to maintain them from time to time.
Some of these assets or equipment include:
- Lightings
- Bar
- Flooring
- Chairs
- Round table
- Photo booth
- DJ equipment
- Musical instruments
- Linens
- Construction equipment
Basically, you can choose to focus on one category of rental equipment or acquire a ton of them.
When you have equipment like these, people will come over to your warehouse and lease them for some time.
And the lease price varies from equipment to equipment.
If you’re asking if making $500/day or even more is feasible with this idea, well, it is.
You’ll need to know what equipment to get and how to price your equipment so that you’re able to recoup your initial capital fast.
8. Crypto trading
Trading the crypto market is quite a way to make money fast on the internet.
And yes, earning $500 bucks from trading crypto is very much viable. You can make this work.
You’ll have to understand what crypto is, how it works, how it’s traded and how you can make money off it.
While there are many ways to earn from crypto, trading is the most intentional and one of the quickest ways to make money off crypto.
So, if you’re looking to learn how to make $500 a day, crypto trading is a viable option.
Learn how to trade, sign up with a crypto exchange, practice with the demo account, and then you can fund your live account once you’re sure of profitable trading.
Some of the most reliable crypto exchanges to try out right now if you’re ready to start making money from crypto trading include:
- Kraken
- Bybit
- Bitget
- Binance
- Coinbase
- OKX
- Gemini
9. Affiliate marketing
This isn’t a new business model online and it’s one way you can make passive income big-time.
Affiliate marketing is simply promoting products that you don’t own, when someone buys that product, you get a commission from the brand company or manufacturer.
It’s so simple.
And tons of netizens generate passive income in 5 and even 6 figures every month from affiliate marketing.
You don’t have to create a course of your own or your own product, you just have to smartly promote other company’s products, tools or equipment to make money in the form of commission.
So, basically, the more products you’re able to sell or the more sales you’re able to generate, that’s the more money you’ll make.
If you’re promoting a $200 dollar product with a 20% commission, this means you’ll earn $40 bucks for every sale you make.
Sounds easy, but it really isn’t.
There are strategies to make more sales and to reach the right audience.
You could promote products all year long and not make a simple sale.
This is a singular reason you need to know what works and what doesn’t work when it comes down to affiliate marketing.
To reach the $500 goal per day, you’ll need to make about 13 sales in a day. But then, this can be different.
Things could be different if you only promoted high ticket or high cost affiliate products. These are products that are worth a lot of money.
For example, a $2,000 product with a 10% commission will earn you $200 per sale.
And you only need 3 sales to get past your financial goals.
10. Create and sell courses online
Selling a course online is one of the many most realistic ways to generate passive income from the internet.
It’s a good way to get your name out there too and build a reputation for yourself on the internet.
What goes online doesn’t go out of it, so, if you’re creating a course, it’s got to be a top-notch course.
The more quality your course is, the more money you’re likely going to make from the sales.
Making $500 a day with a course is realistic.
You could make more if your course is worth more and if you’re able to get your course to more target audience with the tendency to “buy”.
Creating a course takes time.
But the quality of the course will determine how long it’ll take to create it.
For the betterment of things, you only want to invest so much time into creating the kind of course that’ll impart knowledge and give value – this is how you get rich – by providing value.
The point is, you can generate passive income of up to $500 dollars in a single day with a course of your own, or multiple courses of your own.
If you don’t already have a client base online, then it’ll take you some time to gain exposure with your course.
Don’t know where to start creating a course from?
There are several tools and platforms online to help you plan, organize, publish, manage, and monetize your course. Some of the best in the business include:
- Kajabi
- Teachable
- Udemy
- Thinkific
- Podia
With the help of these platforms, you’ll be able to easily create and sell your course (or multiple courses).
It’s great to sell a quality course for many reasons.
You’ll make more money doing so, but other than that, you’ll have a good name for yourself as a trustworthy and a competent author.
Making money shouldn’t always be the goal.
11. Sell your jewelry
Selling off some of the most valuable jewelry you have might just be another way for you to quickly make that $500 bucks fast.
If you don’t have any jewelry to sell or flip to reach your financial goals, then this idea is definitely not a feasible one.
Selling your jewelry will not passively generate $500+ a day for you.
It’s a one-time thing.
But if you want to consistently make money and you want to make it passive while selling jewelry, you can start up a jewelry business online or offline.
Launching a digital jewelry store like a drop-shipping store for all kinds of jewelry will suffice.
12. Options trading
Trading the options market comes with a degree of risk that a lot of people don’t have the appetite for.
However, it’s one of the fastest ways to make money online and it doesn’t take forever to start making some bucks.
You can also run at a total loss while trading the options market.
And this is because you’re trading against several other traders and companies in the world.
So, there’s a chance you’d lose funds rather than make more funds.
To begin with trading the options market, you need to understand exactly what it is about and how it works.
You also need to have some capital for trading the options market. Profitable options trading requires you to have a working strategy.
Plus, the incorporation of risk management techniques will also put you on the right track to success when trading options.
Can you make $500 a day trading the options market?
You can make more than $500/day trading options.
Right now, there are traders all around the world who make several thousand dollars every single day.
Maybe not everyday because many of them encounter losses from time to time.
But then, they make so much money from trading options – up to 6 figures a month or week.
If you’re a newbie, don’t expect to cash in $50 bucks per day.
There’s a lot of learning to be done.
Firstly, you need to sign up with a broker to access the options market.
It’s accessible with the help of brokerage firms.
It’s free to open your account with them and you can start practicing with a demo account right away until you’re ready to deposit real funds into your trading account.
Here is a list of my favorite 5 from my books (and experience):
- Interactive Brokers
- TastyTrade
- Fidelity Investments
- Webull
- Robinhood
13. Sell your stuff online
Selling stuff online is not a new way to make money on the internet.
It’s also one of the most realistic ways to make up to $500 a day in this century.
It doesn’t take a lot to do.
Firstly, you need to have something you’d like to let go of or something you’d like to sell.
This is also not one of the most passive ways to make money online because it’s a one-time thing unless you have a stock of things you’d like to sell online from time to time or even turn it into a business.
If there’s something you’d like to sell, an asset or something you find valuable, you can sell it online for $500 bucks.
Think about it.
There’s probably something laying around in your apartment right now that’s worth that much money but doesn’t have a significant use.
That’s the right thing to sell.
But if you need an urgent $500 dollars, there are lots of important things that you can sell right now.
From your phone to your TV or even your PC (or digital camera), the list is endless.
Find a local store around you and check for cheap products that sell for a high price online.
If there’s a significant price difference even by $15 dollars, buy them in bulk and make sure they’re in good shape.
Afterwards, list them online on different platforms for sale.
There’s no need to pay for stores online as you can easily sell your products on eBay, Etsy, Facebook marketplace, or Craigslist.
You can also sell them on Amazon and other e-commerce stores that allow for third-party sellers to create personal stores.
Depending on the price difference, demand for the product, and the quantity you have in stock, you should be able to generate a daily income of $500 from sales.
It sounds good, and it’s realistic.
But then, it’s challenging to find products like this that actually have a favorable price difference online compared to their prices offline at physical stores.
14. Amazon FBA
Amazon FBA is a simple business model that allows wholesalers and retailers to sell items to customers beyond their locality or region.
It also allows them to sell more products and generate more profits as a result.
The program or business model was launched by Amazon, and it’s pretty simple to get started with this.
But then, you’ll need to have a startup capital to begin with.
On average, you’ll need to invest around $2,500 to $5,000 dollars to get started.
This is just typical. But you can start with a smaller capital size.
Can you make $500 a day with Amazon FBA?
The answer is a big YES.
You can make only so much money from doing Amazon FBA.
The key is to find golden products that’ll sell at a cheaper rate on other e-commerce stores, buy them in bulk, ship them to the nearest Amazon fulfillment center.
If you’re able to make sales and there is high demand for the products on your Amazon store, then you’ll definitely be able to make $500 bucks per day.
It depends on the profitability of the products or how much profits you’re able to make by selling the products on Amazon.
If you’re able to cash in a difference of $10 per unit sale, then you only need more sales or 50 sales a day to hit the $500 benchmark.
But then, you can make even more money. It simply depends on the profit margin of the product per unit and the demand rate.
How does Amazon FBA work?
You simply register for an Amazon FBA account at the Amazon FBA website, decide on what products you’d like to sell on Amazon, prepare and package your shipment, ship the products to the closest Amazon fulfillment center…
…and when they receive it, the products will be ready for sale on Amazon which you’ll see on your inventory dashboard in the Amazon FBA website.
You’ll pay some fees though; the monthly inventory storage fees and the fulfillment fees for per unit product delivery.
From customer care services to shipment of your products, Amazon handles everything on your behalf.
15. Rent your RV
RVs are very expensive to acquire, but if you have one, you can quickly turn your ownership of one into a profitable venture by listing it from time to time.
In a week, you can earn up to $2,000 dollars just by listing your RV for rent.
And if you have multiple RVs, you can do the same with all of them.
The idea is to list them and hope someone comes off to rent them.
Depending on the kind of RV that you’ve got, you can get paid anywhere from $80 to $600+ per night.
But then if you have more than one, you’ve got more chances of making $500/night renting them.
Where to rent out your RV?
If you’re willing to capitalize on this idea to make $500 dollars or more (or maybe less), then you can do so on sites like:
- RVShare
- RVezy
- Outdoorsy
If you don’t have any RV, you can easily partner with people who own RVs but don’t use them and who have no idea about renting them out for money.
With this knowledge, it’d be easy to rent out these RVs you don’t own but split the profit or income with the owners (depending on the agreement you arrive at with them).
16. Flip your furniture
Got furniture?
You can flip them online or offline to make $500 dollars a day.
You will not be making this money every day and the reason is obvious – you’re selling off your property and you won’t be doing that every day.
It’s not a sustainable way to make money but if you want $500 bucks fast, then you can try this option out.
Of course some pieces of furniture will be more expensive than the others, you just need to flip the ones you’re willing to flip for money.
If you want more money, then you can sell off most of your furniture.
This can happen online or at different places around your city.
On the internet, you can flip your furniture on the following websites:
- Facebook Marketplace
- Craigslist
- Etsy
- Amazon
- eBay
Offline, you can sell your furniture for money or flip it at local garage sales or thrift stores.
Or visit sawmills to sell off your furniture.
17. Sell print-on-demand items
Print on demand items are basically items including hoodies, bags, shirts, caps, and more that you design online and then sell them to clients who like them.
These clients will have to go through your POD (Print On Demand) store, find whatever they like, and then they place the order.
Once the order is created, the POD platform prints the item (or items) and ships it to them.
You don’t pay a dime to make this happen.
All you do is design. Just then, you’ll get a cut from every sale of the items in your web POD store.
There are a couple of POD platforms out there that you can freely join today to start designing items.
Some of the top ones include:
- Printify
- Zazzle
- Printful
- Gooten
- Gelato
There’s a chance to make much more money than $500/day, but then you’ll have to create captivating designs and build out your store with more designs.
In essence, create more designs, make them more captivating.
It’s a smart idea to also have multiple POD web stores on different platforms; preferably the biggest ones.
18. Drop-shipping
Drop-shipping is a great business model online. It happens online and you don’t need to do a lot to get started.
With as little as $100 dollars, you can get started with drop-shipping.
And yes, it’s one of the ways to make $500 per day in the real world.
What in the world is drop-shipping?
Unlike the traditional e-commerce business archetype, drop-shipping on this end is a business model where you can create a store online to sell products you don’t own.
You don’t keep inventory, you don’t ship the products and you certainly don’t package them.
Plus, you just have to deal with client complaints, their return and refunds requests.
With a drop-shipping store, you generate passive income from the sales of the products on your web store.
It’s that simple.
However, you’ll need to run along the learning curve involved in starting and growing a drop-shipping business from scratch.
Plus, these are some of the best tools to start, create, build, design or develop your drop-shipping store/business:
- Wix
- Shopify
- Squarespace
- BigCommerce
- WooCommerce
On these platforms, you’ll find the requisite functions to build your drop-shipping store or business from the very scratch.
19. Start a butcher shop
We’ve got vegetarians, and then we’ve got omnivores. Maybe more omnivores than vegetarians.
People eat meat every single day, and if you’ve got the capital to open a butcher shop, do just that.
The good thing about this is that you can make this a side business while you focus on managing and developing other profitable ventures for higher income.
With a butcher shop, you can make $500 bucks per day, and maybe more. You just have to make sure the business is situated in the right location.
Every business needs a favorable location to thrive.
Plus, you’ll also need to know exactly how to start this business, manage it and keep it running over time.
It’s not enough to start a business, you’ll need to grow it and make sure you’re not on the losing end of things.
20. Stream live on Twitch
Twitch is very similar to YouTube. It has features to live stream and you can freely create your account on Twitch.
If you love games and you love gaming, then you’ll be able to make $500 dollars a day as a live streamer on Twitch.
The competition is massive and this is primarily because there are millions of other users on Twitch looking to make money as well.
And they’re good at what they do. One of the highest earning Twitch streamers, Ibai, makes around $200k per month.
If we break that down, that’s around $6,666 or approximately $6,700 dollars in a day.
That’s quite some money there. But you can do the same.
Although you won’t make $6k or even $500 the very first day you launch your Twitch account, with time you’ll get there.
It’s possible to not make a cent in the first few days to weeks and it’s pretty normal.
While there are several ways to make money on Twitch, one of the best ways include subscriptions.
The more subscribers you have, the more money you’ll make. Typically, subscriptions range from $4.99 to $24.99 per month.
Your viewers can choose to pay whatever they want, they can belong to whatever tier they want.
Other ways to make money on Twitch include direct donations from your viewers, Twitch bits, affiliate products sales, and your own product sales.
Well, you can also work as a Twitch Partner once you’re eligible enough to join the Twitch Partner Program (TPP).
With all of these in mind, it’s definitely possible to make more than $500/day as a Twitch streamer, but it’s a long run from where you are right now especially if you have no prior experience with Twitch.
21. Launch your podcast
With a good podcast, there’s really no limit to how much money you can make in a day, a week, a month or a year.
Podcasters make a lot of money, and it’s one of the ways to make $500 a day if you’re asking.
Before starting a podcast, you’ll need to know a couple of things like the niche of your podcast or what you’d like your podcast to be about…
…the tools you’d need to create the podcasts and also have a promotion strategy to get thousands and millions of listeners with time.
The more people you’re able to reach as a podcaster, that’s all the more money you stand to make.
But don’t let money be the end goal.
Focus on creating podcasts that stand out and stick to a niche.
If you’re niche focused, then your listeners will know you for one thing or as an expert in one field.
It’ll also be easy to attract the right listeners, sponsors, and advertisers – and this is how you make the dough.
There are tools or softwares to ease your podcasting experience.
With these softwares, you’ll be able to plan, record and publish your podcasts easily.
The best in the business include:
- Adobe Audition
- Garage Band
- Logic Pro
- Audacity
- Auphonic
Bottom line
There you have it – different ways on how to make $500 a day in the real world.
Of course you probably will not make a cent the very first time or day you try some of these methods out, but then in the long run the results will surprise you.
If you’re consistent enough, you’ll be able to grow very fast and even surpass your financial goals.
Lastly, some of the methods listed here like forex, options, and crypto trading are high-risk tips.
You stand a chance to win big, or lose flat with them.
But if you know what you’re doing, you’ll be smiling to the bank most of the time.