How to Make an Extra $500 a Week from Home: 23 Realistic Methods

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How to Make an Extra $500 a Week from Home

Do you want to make an extra $500 a week from home? I’ve got your back on this one. 

Making $500 dollars a week as an extra income while working from home is a great feeling, but the good news is that you could make even more money from home every single week (or day of the week). 

Recommended: How to Make an Extra $400 a Week: 15 Realistic Ideas

Since you’ll be working from home, you’ll want to focus on creating systems that generate income steadily for you while you’re out or traveling or partying. Whatever. In this article, I’ll show you exactly how making an extra $500+ a week from home is possible. 

Let’s roll. 

How to Make an Extra $500 a Week from Home: 23 Realistic Methods

Start a Blog 

If you want to make $500+ a week from home, blogging is definitely one of the ways to make this happen. It’s basically about reaching out to an audience and monetizing your blog to make money once you start getting some traffic. So, blogging is fun if you like writing. 

This is because you’ll be doing most of the writing at the beginning of your blogging career even if you don’t intend to write for a long time before hiring some other writer. At the start, it’s gotta be you doing all of the work. 

When I started blogging on this blog, I created several contents in a day. Looking at where I want to be, I can boldly say I’ve not started doing the bulk of writing just yet. 

Plus, I’m making enough money to live the kind of life that I want to live. I never imagined things would turn out to be like this in just 1 year of blogging, but that’s what it is. 

I’m supposed to share my reports after 1 year of blogging (this month end – June 2023), but the bulk of work I’ve got to do is overwhelming. However, blogging is one of the ways to make life-changing money online. 

It’s sustainable, the income is passive and you become relevant overtime as the soul behind the blog. If you’re new to blogging or you’ve been blogging for some time now without much results, here’s a simple guide to help you out. 

Open a YouTube Channel 

While you can open a YouTube channel free of charge, you can also make life-changing money off it. Running a YouTube channel is surely one of the ways to make an extra $500 a week from home. 

It takes time to get to this place, but if you’re willing to be creative and consistent, then there’s really no amount of money you can’t make off a YouTube channel. 

The richest YouTuber today has over $500 million in net worth. This means you can do more than $500 bucks a week even as a newbie if you do the right things. 

It’s easy to go viral on YouTube if you’re consistent and you put out some of the very best videos in your niche. Sticking to a niche is also a very important aspect of growing a YouTube channel. 

It’s easy to build an audience when you’re known for a particular thing versus when you’re all over the place. If you want to open a YouTube channel for home decor, so be it – stick with the niche. So, consistency is key. Patience is too. 

You may need to spend a couple hundred (or thousand) dollars to acquire your video creation/editing tools and other items you’ll be needing to make your videos stand out. 

At the end of the day, it’ll pay off big-time. So, learn about YouTube SEO, and how to go viral and get thousands of subscribers on YouTube even before opening your channel. 

Start Podcasting 

Podcasting is fun and you can do it from home. It’s particularly fun if you’re into making video podcasts. And this is because you’ll have invited guests on your podcasts. The more invited guests you have, the more chances there are that your podcasts go viral quickly. So, maybe I’ve been too fast. 

Podcasting is a form of content creation that can involve more than one person talking about a particular topic, sharing ideas, with the overall intention of educating the audience. This can be audio based or video based. 

When it’s audio based, you’ll need to start off with a blog and just post the audio files there for visitors to play or download. It’s much easier to create audio podcasts and there’s not a lot of difference between an audio podcasting blog and an audio blog. 

It’s practically the same kind or format of content. But the kind of podcasting I’m referring to right now, is videos. You stand a chance to go viral with video podcasts and your name could ring a bell as the host of “xxx” podcast or show. 

The more people get to see your face as the host of a podcast, a video podcast, the more connection they’ll have with you and the more they’ll want to know about you. 

Freelance Writing 

Freelance writing is perhaps the cheapest way to make your first money online if you’ve not made any money at all. You don’t need to pay a dime to join anything, and all you need to do is to be good at writing. 

Freelance writing is essentially working for clients or employers online. You sign up for free on freelance marketplaces like Upwork, Fiverr, Freelancer, or Craigslist and find freelance writing gigs that you can do. 

Although it’s free to join in on any of these freelance marketplaces, it could take some time to get your first gig primarily because there are tons of freelance writers just like you already on these platforms. 

If you’re patient enough, you’ll definitely get your first gig even as a newcomer. So, as a freelance writer, you charge per word mostly. You can charge as much as $1 per word or as low as $0.01 per word, and this depends on your level of expertise in the writing sphere. 

If you’re more experienced, you can keep the price at $0.3 per word. It’s moderate. This means that for every word you write, you earn $.3 cents. So, a thousand words would earn you $300 dollars. With time, you’re definitely going to get gigs that pay upwards of $1,000 bucks per week. 

The more clients you work with, the more referrals you’ll get and the more money you’ll make. Plus, your portfolio as a freelance writer consolidates towards professionalism. 

Sell Handmade Crafts Online 

Handmade crafts are items that you make all by yourself. You need to be good at making them to get a profit off them. 

Other than making just about any craft, there’s a need to make crafts that are high in demand. Some of the most commonly sold handmade crafts include:

  • Glass 
  • Metal art 
  • Wooden furniture
  • Wallets 
  • Leather bags 
  • Purses 
  • Wall arts 
  • Tote bags 
  • Wooden toys 
  • Handmade jewelry
  • Sculptures 
  • Scarves
  • Pillows 
  • Rugs 
  • Candles 

I mean, you could make any of these and sell them from home without going out. 

Maybe you’ll step out to get one or two items with which you’ll make your craft, but then once you’re done making them you can sell them online for profit. If you’re into sculptures, tote bags, rugs or handmade jewelry, you’ll see more sales compared to selling other crafts. 

With that being said, the most important thing is for you to make them at low cost and sell them at a moderate price. That’s how you make the money. 

Furthermore, you can create an information product about making them or about how to make the ones you’re good at making. Doing this from home can definitely make you an extra $500 dollars and even more. 

Affiliate Marketing 

Affiliate marketing is becoming one of the most popular ways to make money on the internet. It’s also one of the ways people build passive income streams on the internet today. So, if you’re not conversant with the term “affiliate marketing”, it’s nothing difficult. 

Affiliate marketing is the process of promoting other people’s products or other company’s products with the intention of generating sales and getting a commission. Firstly, you become an affiliate marketer by applying to affiliate programs made available by product manufacturers. 

Once you’re an affiliate marketer for that product, you’ll get a unique URL with which you can promote products and earn commissions per sale you generate. For sure, affiliate marketing is one of the BEST ways on how to make an extra $500+ working from home in a week. 

The truth is, you can make as much as $50,000 dollars a month through affiliate marketing if you do it the right way and if you’re willing to scale things up by strategically promoting your affiliate products. 

Sell Printables 

It’s easy to make printables and sell them, but you’ve got to be the creative type to actually come up with designs that people actually want to buy. 

For the record, it’s possible to make as much money as $10,000 dollars a month selling printables online. You just need to understand how to make them, how to price your printables, and where to sell them. There’s also a need to know the kind of printables people buy the most online. 

The more you spend time trying to understand how selling printables online works, the better you’ll get at it. It’s nothing difficult, and you can make an extra $500+ dollars in a week from selling printables online. 

Ghostwriting

Ghostwriting is another way to make an extra $500 a week from home in the real world. Maybe this is the first time you’re hearing this, but ghostwriting doesn’t have anything to do with you becoming a ghost or anything like that. It’s all about writing in the background behind the name of someone else or some other author. 

Renowned authors with a large audience on the internet pay ghostwriters to create content on their behalf while they spend the better part of their day on other activities. So, if you’re this good a writer, you can work from home to make an extra $500 dollars and even more helping out other authors or writers with their content. 

Finding gigs as a ghostwriter isn’t difficult, but it can be challenging since you’re just starting out. You can get ghostwriting gigs on websites like Indeed, Craigslist, and Upwork. 

You can also send cold pitches to authors of several mega websites with a blog or without a blog offering to be a ghostwriter for them. There’s a good chance more than 1% of the cold pitches you send out will get positive feedback. 

Graphics Designing 

Graphics designing is a great skill set, and if you’re good at it then you can take up graphics designing gigs on freelance marketplaces and find remote graphic design jobs online too. 

While there are several ways to make money up to $500 a week from home as a graphics designer, some methods to really make a lot of money include showing the world exactly how to do what you’re already good at. 

As a graphics designer, you can create a course or a YouTube channel to teach people about your craft. Trust me, you’re going to get thousands of subscribers on any streaming platform you choose to work with (more on this later). So, as a graphics designer, you’re not constrained to making money as a freelancer alone. 

You can sell your information resources and even create a blog about graphics designing, or sell your graphics designs online too. It’s a long list of the things you could do with this skill to make over $500 dollars a week from home. 

Trade Crypto from Home 

I still actively trade the crypto market till this day, and I can tell you that it’s possible to generate an extra $500 a week from home just trading the markets. 

However, it’s not something you should jump into if you’re not already good at it. You want to take off some time to learn and play around with “fake” or demo accounts just to buff up your skills. 

With a large enough capital, it’s absolutely possible to make as much money as $5,000 per week trading the crypto market. And much more than a fat capital, you need to have the right skill set and experience. Crypto trading isn’t something that you learn within a day or two. 

I’ve watched videos of people who report that they started making money off trading the financial markets after a few days of learning. Not entirely true though. They bought a lucky asset that more than doubled in price. And that’s exactly what happened. 

It’s different from trading while observing pure strategies to milk the market. In a nutshell, trading crypto is one of the best ways to make an extra $500 a week from home, and this is without a doubt.

UX Designing 

Designing UX means putting the parts and pieces together for users of the web to have a better feel of what they see. 

UX generally means User Experience. 

So, if you’re good at this, you can make $500 a week from home and even more. It’s all about searching for gigs and doing as many gigs as you can as a UX designer. First, you start by signing up as a freelancer in the UX designing market. 

Some of the best websites to sign up on as a UX designer include 99designs, Guru, and Toptal. Although you can still get high paying gigs on Indeed and Upwork. 

Another way you’d want to make money off this skill would be to create a program or a course to teach people exactly how you do what you do. 

This is a technique to generate passive income off what you’re good at even without professionally doing it. So, for sure and either way, $500 a week from home is sure. And it takes a couple of days to weeks to create an epic program/course people want to buy. 

Working as a freelancer, you can get paid as much as $3,000 dollars per gig, depending on the nature of the gig/project. Some projects will come in at $150, some $500, or $1,500 dollars, and some mega projects you can charge as high as $8,000+ dollars. 

SEO Consultancy

Are you good with SEO? 

Truth is there are thousands of clients looking for your services on the internet. With a lot of businesses and folks going online with websites, the need to grow exponentially in the online world is becoming prevalent. 

And everyone doesn’t quite know what to do to get the exposure they crave on the web especially with a website. That’s where you come in as an SEO guru. You can offer SEO consultancy, SEO services and more to clients to make money. 

You can do this from home to make an extra $500+ a week, and some of the best places to get gigs include Monster, Indeed, Google Jobs, Craigslist, Upwork, Freelancer, and Fiverr. 

While SEO services aren’t the cheapest, it’s possible to generate $10k/month just rendering services pertaining to SEO and web development. 

Again, you may need to send cold pitches to high-profile websites just to work with them and get paid even higher. 

Forex Trading 

Recently, I began trading Forex. Yeah! It’s a great feeling but I’m still on my demo in the meantime. Forex trading can make you a millionaire for real. 

You can start trading from home and never have to leave your house to make money. For the record, it’s one of the best ways to quickly make money and to quickly lose it too. 

Just in case you’re asking, Forex trading is a way to make an extra $500 a week from home or from anywhere in the world. You can trade from anywhere you want to. Plus, $500 dollars is something you can make in a matter of seconds while trading the Forex market. 

You start by learning all you can about trading foreign exchange, and then you create a brokerage account to begin trading with. You can play around with the demo account before eventually depositing your real cash to trade with. 

There are tons of strategies online to trade with, but there’s not a single 100% perfect strategy to give you a win every single time. Think about the losses more than the wins, that’s how you end up with more wins than losses. 

Copywriting

Copywriting is a form of writing that influences the decision of potential customers. Based on how persuasive a copy is, a potential customer will either click away or click through. So, if you’re good at copywriting, you can make $500+ a week by searching for copywriting gigs on websites like Fiverr, Upwork, and Craigslist

You’ll also find copywriting remote jobs on Indeed, Monster, and Google Jobs. It’s a more persuasive art of writing and you certainly don’t need to spend months learning the craft. 

Once you’re already good at writing, then you can learn a bit more about copywriting to hone your skills. Basically, you can learn on the job with a copywriting gig. This means honing your copywriting skills with every gig you lay your hands on. 

Manage Your Onlyfans Page 

A bit on the extreme, but there’s no crime in owning an OF page. That’s how people generate tens of thousands of dollars every single month. OF models make a lot of money. 

This will favor you even more if you’re female because guys want to spend more to see your body parts. You know how OF works. I’m not the one to tell you everything you’ll need to know about the hustle on that platform. 

I could if you emailed me privately, but then, you’ll have to make the move to create a page and upload contents yourself. Basically, OF models sell erotic contents and it’s the kind that a lot of people in the world today can’t just do without. 

So, if you want to make an extra $500 a week from home, you’ll need to set up a studio, maybe get a partner to create content with, and stay consistent to grow your OF page. Earnings are based on subscriptions. The more subscribers you get, the more money you’ll make. 

Animation Designing

I’m sure you’ve seen tons of animations online. It takes a special skill set to design them and companies are willing to work with the best of the best for commercial purposes and more. Furthermore, you can make an extra $500 a week working from home if you’re good at designing animations. 

Some of the best ideas to make money from this gig isn’t to create them for yourself and stay marveled. You can look for freelance gigs online and also create a channel on Kick, Rumble, Twitch or YouTube to post your animation movie series. 

Trust me, if the series makes a lot of sense, some film house or production company can buy it off for millions of dollars. 

I know you’re wowed somehow or you’re in doubt, but believe me, you just need to be creative enough to create something a mega company would want to spend millions of dollars to acquire. Even if no one buys the entire play from you, you can earn from streaming ads and subscriptions. 

There’s a good chance you get so good that you create a course to teach people how to create animations – and then promote it online for sale. It’s just another passive income stream. The key is to be good at designing animations. 

Stock Trading from Home 

Stock trading has been around for years, and it’ll always be around. Stocks are a kind of financial instrument, and in essence, they represent the overall value of companies around the world. 

Most companies are large enough to take their stock or company up to the level where they’re able to hit the stock listing standards. So, while you’re home, you can make an extra $500 dollars a week by trading the stock market. 

It’s something that you’ve got to learn. If you’re not already good at trading by now, Google is your homie. And YouTube is too. So, you can get on either Google or YouTube and search for resources to learn the art of stock trading. 

Firstly, you’ll need to understand the terminologies of trading the stock market or the terminologies in the trading world in general. Secondly, you’ll need a stock brokerage account to trade with and having spare money is pertinent. 

You don’t want to trade with your salary or the income your well-being depends on, especially as a new trader. Once you get good at trading the stock market, you can make tons of money, much more than $500 per trade. 

However, the amount of money you make per stock trade is primarily, but not single handedly, determined by how much money you’re trading with. Or the size of your trading capital.

SMI

SMI is short for Social Media Influencing. It works if you’re already a social media influencer. If you’re not, then you’ll need to work your way up the social media ladder. 

As a social media influencer in a particular niche, you can make money up to $500/week from home just by recommending either the products you use or selling your own products. 

If you’re promoting or recommending a product or a set of products you use to your audience, they’ve got to be affiliate products so that you’re making a decent cut off any sale you generate. 

If you’re selling or promoting your own products, it’s 100% income for you. Another way you’d be making money as a social media influencer is by sharing sponsored content on your page. The more followers you have, the higher you get paid. 

Online Tutoring

Tutoring online is definitely another method on how to make an extra $500 a week from home, and you just need to know the best websites that’ll pay you to teach a global audience or students from around the world. While teaching online, you’ll need to make sure you’re good at what you’re teaching. 

There are several websites out there that’ll pay you to teach, and you can work for several of them. You can expect to get paid around $14/hour tutoring online. So, if you’re able to work for 6 hours in a day, that’s $84 dollars in a day and $508 dollars in 6 days. 

While tutoring online is another way to make an extra $500 a week from home, it’s not going to make you rich and you’ll need to commit more time to earn more money. 

Remote Online Jobs 

There are several jobs that you can do from home online to make an extra $500 dollars in a week. You just need to look for them on websites like Indeed.com, Monster, and Craigslist. You can also make use of Google Jobs to get remote jobs that pay a lot of money. 

If you’re lucky, you can get remote jobs that require you to perform VA duties – typing, replying emails, sending emails, answering questions, taking phone calls, managing social media accounts and whatnot. Some of these remote jobs can earn you as much as $50/hour. So, if you’re working 3 hours a day, you get $150. 

And $900+ in a week. Maybe you’re not going to get a remote job that pays up to $50/hour, maybe you’ll get the one that pays more. You’ll never really know until you jump on board to find them. 

Live streaming on Twitch

Twitch is a live streaming platform, and you can freely create an account there to start earning from subscriptions and bits. 

So, if you’re really into something that pulls an audience, you can start your own live streaming channel on Twitch and grow your audience while you stream your gig as you do what you enjoy doing. Whether it’s playing games or creating something, you can stream it live to your audience. 

On Twitch, you make money through subscriptions every month, bits (or tips), affiliate links, and Twitch ads. The more valuable content you stream on your channel, the more subscribers you’ll get. For sure, you can make an extra $500 a week from home doing this. 

Although it’s going to cost you some money to set up your live streaming studio. It’ll be well worth it at the end of the day. With just $1,000 subscribers, you could be earning over $2,000 dollars a month from ads alone. Talking about earning from subs, a single subscriber can earn you $2.5/sub. 

Or you get paid $2.5 per subscriber. This is on the low end. On the high end, you can earn around $12/sub. Twitch takes a cut, you keep the rest. There’s really not enough words to explain it right on this blog post unless you decide to run your own Twitch channel from home. 

Trust me, you can get rich on Twitch. With the more subscribers you get, the more earnings you amass. Imagine garnering 10,000 subs on your channel. That could generate over $250k/month for you excluding ad income and bits. 

AdSense Arbitrage

AdSense arbitrage is a cheat-code to quick wealth. 

This is simply about buying traffic and monetizing the traffic so that you’re able to make more money than what you spend buying the traffic. So, if you can get the grasp of everything and come up with a working strategy for AdSense arbitrage, you can make money whenever you want to. 

While tons of practitioners buy traffic, others make use of bots to print money from AdSense arbitrage. Firstly, you’ll need a website or a blog of your own. Once you have your blog set up with this guide, you’ll need to stuff your blog with quality contents in the right niche. 

Give the blog some time, like a month, to settle down on the web. The number of articles on the blog has to be more than 40; crafted with quality in mind. Moving on, you’ll need to apply to Google AdSense. 

Once you get approved, you can get on with the process of promoting your content on Facebook to get traffic to your blog so that you’re making more money with the AdSense codes on the blog. 

AdSense arbitrage is something you’ll need to understand just before jumping right in. It’s definitely one of the many ways to make an extra $500 dollars a week from home. You could make this in a single day depending on your strategy and how much money you’re looking to spend on ads. 

Recommended: How to Double Your Money in a Week: 8 Best Ways

Drop-shipping

Lastly but certainly not the least on this page, drop-shipping is one of the methods for you to make an extra $500 a week while working from home. 

You could be sleeping and still make money from drop-shipping. It’s really a juicy method to generate passive income. However, it’s not easy to start a drop-shipping business online and you’ll need to learn a couple of things just before launching your store online. Firstly, drop-shipping closely mirrors e-commerce. 

It’s ecommerce but then you don’t have to deal with inventory and shipping, or maintenance of anything. You simply launch an online store, connect it to another e-commerce store that’s really into inventory and shipping, and you promote your business to get clients. 

Another thing is that you’ll be importing products from this ecommerce store to your store. When visitors like something they see in your store and they place an order, the order takes a smooth dive to the e-commerce company’s logo and they process the order (alongside shipping/packaging). 

Drop-shipping makes you a middleman in the e-commerce space, and while it’s possible to generate $500/week from home with it, you can have $500/day in profits. 

Think big. 

There are drop-shipping stores today doing over $1,000+ per day. 

How to Make an Extra $500 a Week from Home: 23 Realistic Methods – Summary 

If you want to make an extra $500 a week from home, there are several methods and strategies to make it work. 

But in a nutshell, some of the methods include drop-shipping, AdSense arbitrage, online tutoring, doing remote jobs online, SMI, stock trading, animation designing,OF modeling, copywriting, SEO consultancy, forex trading, crypto trading from home, UX designing, ghostwriting, graphics designing, selling printables, affiliate marketing, selling handmade crafts online, freelance writing, podcasting, YouTube channel content monetization, and blogging. 

A couple of them are passive income generation streams, others aren’t. And making over $500 a week is attainable with any of them.