Here's How I Made $100 for Free: 10 Ways - GOBankingRates
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In these days of steep inflation, who couldn't use more money to put toward anything from bills to a little stress relief? If you're already working, however, it might be hard to imagine where you could scrounge up an extra $100 a day.
Read: How to Guard Your Wealth From a Potential Banking Crisis With Gold
How To Make $100 in a Day
If you need $100 now instead of three to five business days from now, worry not as there are many ways to make extra money fast without having to take out a cash advance or a loan amount that would have interest rates stacking up. Making $100 a day does take work but your time is a good investment to make some good money. Here are 10 great ways to make extra cash.
- Freelance data entry or graphic design
- Clean homes
- Tutor students
- Shop for others
- Clean out your closet
- Work as a virtual assistant
- Participate in research studies
- Sponsored posts
- House or pet sitting
- Sell your specialties
1. Freelance Data Entry or Graphic Design
If you've got a little time for a side hustle, and a willingness to work for yourself, opportunities in the disciplines of data entry and graphic design can be found on online marketplaces such as Upwork, Fiverr and Amazon's Mechanical Turk, said Gerrid Smith, Director of e-commerce at Fortis Medical Billing.
"These websites cater to independent contractors. TaskRabbit is an online marketplace that brings together people looking for odd jobs with those who have those jobs offered by local businesses and individuals. You might even be able to find work as a social media manager or a virtual assistant by utilizing one of these sites."
2. Clean Homes
People who clean homes can often charge between $50 and $90 per hour, according to Dave Bochichio, CEPF, founder of Clean Cut Finance. "That means if you clean one home for two hours, you just made $100. Ask neighbors, post on local Facebook groups, or use Craigslist to get started."
3. Tutor Students
If you've got a little expertise you aren't putting to work, consider using it to help high school and even college students get better by tutoring in sought-after lesson areas — you can even do it as an online course. "Math, science and SAT prep tutors often make up to $100 per hour. One client a day at that rate makes you $100," Bochichio said.
4. Shop for Others
Before the pandemic, hardly anyone was using services like Instacart and Uber Eats. But now these services are a regular way for many folks to get their food delivered. If you enjoy shopping, you can deliver groceries for others, recommended Ellie Shippey, e-commerce growth specialist at EZContacts.
"During peak hours, you could earn as much as $25 per hour, but the typical hourly wage ranges from $10 to $20. It could not be simpler: you're provided the order, you fulfill it, and you're paid. You establish your own schedule and choose your orders, and the flexibility is what makes it so amazing, particularly if you have limited time or are a stay-at-home mom or a student."
5. Clean Out Your Closet
If you have good taste in clothing and keep it in decent shape, an easy way to make $100 or more daily is to clean out your closet and sell it online, said Yulia Vershagina, marketing lead at Treet. "Resale is booming … so selling and shopping secondhand is more legitimate than ever."
6. Work as a Virtual Assistant
In this era of remote work, one job where you can earn $100 in a day without even leaving your house is the virtual assistant. According to FlexJobs, VAs may work on any number of tasks — assisting with emails, calendar scheduling, making and answering phone calls, billing, accounting and much more. The median hourly rate for this work is $17, though it can be much higher. You'd need to work only about six hours to earn $100.
7. Participate in Research Studies
"Companies are seeking competent participants for their research studies," said Adam Wood, co-founder of RevenueGeeks. "The compensation ranges from $75 for thirty minutes of your time to $450 for really detailed one-hour research."
Companies such as UserInterviews, Respondent and RarePatientVoice will pay around $100 or more for your participation, according to SideHustleNation.
You Could Also Be a Usability Tester
Usability testing is the concept of filling out a survey or doing an interview about a particular product, prototype or idea on survey sites, said William Chin, a consultant at YourDigitalAid.
"You usually give feedback or try to use the product as naturally as possible. This is so that researchers can gather insights on how to better improve their product, based on your interaction. When I did usability testing for Google, I was given $100 for a 45-minute interview. Ultimately, you need to have some skill to be chosen."
8. Sponsored Posts
If you've started a blog as a freelance writer or have a website with decent traffic, you might be able to make well over $100 through sponsored posts, according to Daniel Foley, director of SEO-Audits.IO.
"In a sponsored post, a business pays you to promote its goods or services on your website. Initially earning between $100 and $200 for each sponsored post I published on Good Financial Cents, I gradually increased my rates," Foley explained.
Affiliate Marketing
Through your freelance writing on blogs or websites with significant traffic, he said some posts could earn as much as $3,000 per month. You can also sponsor affiliate links from other businesses on your blog or social media posts and get paid for them.
9. House or Pet Sitting
Pet owners love to travel, but don't love leaving behind their pets and homes. "If you're good with animals, you may want to consider offering your services as a pet sitter. These gigs can include either staying at someone's home (so combining house and pet sitting) or just making regular visits every day while the pet parent is unavailable," said consumer analyst Julie Ramhold with DealNews.
"If you'd rather offer up your services for house-sitting, that's also on the table and depending on the client, you may be able to make a pretty penny in a single weekend," she said.
You will, most likely, need to provide references.
10. Sell Your Specialties
Another way to make money is to look at your existing skills and parlay these, Ramhold advised. "Do you have a baked good you like to make that all your friends request? Are you particularly good at a type of craft? Consider selling these items online or taking commissions for them to make $100. Depending on the work and the item you're selling, you may be able to make $100 with just a few orders!"
Final Take
Some side hustles earn more, and some take more time, but focusing your skillsets or ingenuity into earning some extra income always helps your overall financial picture. By trying out any of these options that seem like a good fit for you, you may surprise yourself as to how quickly your bank account grows.
FAQ
Here are the answers to some of the most frequently asked questions about how to make $100 in a day.- How can you get $100 instantly?
- To get $100 instantly, you can try one of these options:
- -Clean houses
- -Clean out your closet for things to sell
- -Participate in research studies
- To get $100 instantly, you can try one of these options:
- How can I make $100 a day online?
- Here are a few ways you can earn $100 a day online:
- -Tutor students in online classes
- -Become a virtual assistant
- -Affiliate marketing
- -Sponsored posts on your website or blog
- -Freelance data entry or graphic design
- Here are a few ways you can earn $100 a day online:
- How can you get free money in one hour?
- An easy way to get free money in one hour is to sell your stuff online. You can immediately sell things to third-party websites for resale or on platforms like Facebook Marketplace.
Caitlyn Moorhead contributed to the reporting for this article.
Information is accurate as of March 31, 2023.
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