5 Ways to Make an Extra $500 by the End of the Year

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ExtraThe end of the year flies by quickly often due to the rush and excitement of the holidays. Most people like to wind down, relax, refocus, and start preparing for the following year during the last few weeks of the year.

If you want to start your finances off on the right track next year, you can make one last push to earn an extra $500 before the end of this year.

Think about what you could do with an extra $500 in your pocket after the expensive holiday season passes. It may sound like a lot to earn in a short amount of time, but there are quite a few things you can do to earn this amount of money quickly.

1. Sell Your Unwanted Clothes

Going through all the clothes you no longer wear or need and selling them online is a great way to purge some unwanted belongings and earn some extra money by the end of the year. Re-organize your closet over the next week and put all the clothing items you don’t want or need in a separate pile. You can also gather unwanted clothes from other people in your household as well.

While you can trade in your used clothes for cash at nearby ‘buy, sell and trade’ stores, you can get more bang for your buck by selling clothing that is still in good condition online. Take well-lit photos of your clothing and post them on websites like Craigslist and Amazon with a description.

Selling your clothes online allows you to price them and determine how much money you will make off the sale as opposed to having a retail store tell you what they will give you for the clothes. Poskmark is another app you can use to sell your clothes online for a good price.

If you collect outerwear, sweaters, jeans, and gently worn shoes from everyone in your household and sell the items online, you can easily work your way up to earning $500 while decluttering your home at the same time.

2. Help Your Neighbors Out

Now is the perfect time of year to offer helpful services to your neighbors who may be preparing for a vacation or trying to wind down for the holidays and simplify some of their responsibilities. To earn $500, the key is to offer a variety of services to multiple people in your neighborhood.

If your area has heavy snowfall in December, you can offer to shovel some of your neighbors’ driveways a few times per week or babysit their children while they go on outings or attend events.

If you have an elderly neighbor, you can volunteer to shop for them when you do your shopping. You could also offer cleaning services for friends and neighbors who may be throwing holiday-themed parties or events. You can also earn money through your shopping by using sites like Swagbacks or TopCashBack that offer cash back bonuses if you shop through their online portals.

If someone you know is going out of town, you can offer to pet sit for them, check in on their animals regularly, or walk their dogs.

If you are a great cook, you can even offer to cater an event by providing a meal or dessert.

All of these tasks shouldn’t take too much time or effort and they are great ways to help your friends and neighbors relieve stress while earning some extra money.
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3. Work as a Brand Ambassador During Holiday Events

Have you ever went to a store during the holiday season and stopped by a booth to try a food sample, taste wine, or watch a short presentation that promoted a product? The person you interacted with at the booth was most likely a brand ambassador representing a marketing company.

**Additional resource: Want to know other ways to make money before the end of the year? Here are 12 Great Ways to Make Extra Money Before Christmas.**

Brand ambassadors are often independent contractors who are employed to run in-store events to promote different brands and products. During the end of the year, people shop a lot more so companies are always looking to hire more brand ambassadors to work certain events at different stores.

If you like to interact with different people and share product features with them, you might do well hosting a trade show or an in-store event for a few days or a weekend.

The best thing about most brand ambassador gigs toward the end of the year is that they are contract jobs, meaning you agree to work for a few days and don’t have to make a long-term commitment.

Brand ambassadors get paid either hourly, by commission or a combination of both.

4. Offer Consulting Services

If you have any special skills or areas of expertise, you can always offer consulting services to others to help them meet a goal or learn a process that is new to them.

Time is money. When you have a specialized skill set and valuable knowledge and experience under your belt, you should be comfortable with charging other people for your time if they need to pick your brain for ideas and guidance. ‘Consultant’ is just a fancy word for a person who assists individuals and businesses with developing processes and strategies that helps them save time and money in the long run.

As a consultant, you can offer your services at a flat rate of $50 per hour and work only 10 hours to reach $500 by the end of the year.

5. Teach Someone Something One-on-One

Sit down and make a list of 25-50 interesting things that you know how to do. It might take a few minutes to gather your thoughts at first, but jot down anything that you know how to do well that makes people perk up in interest when you mention it. For example, I’m pretty good at baking, writing and I also know how to play the drums.

Narrow your list down to some of the most unique or most sought after skills that you have and offer private lessons to teach family, friends and associates over the holiday season. Some parents might need extra tutoring for their kids when they take a break from school or someone might want to learn how to play a new instrument.

People can even purchase your private lesson services as a gift for a loved one or friend.

These are five of the most flexible ways to earn extra money before the end of the year on your own time. There’s still a few weeks left.

 

What are some other possibilities to make an extra $500 by the end of the year? What do you look for in a side hustle? What’s your response to someone who says it’s difficult to make extra money?

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Chonce is a freelance writer who’s obsessed with frugality and passionate about helping others increase their savings rate, eliminate debt, and work toward financial stability. She chronicles her journey with balancing motherhood, work, and finances on her blog, MyDebtEpiphany.com

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