23 Ways How to Make $200 FAST

This guide includes no less than 23 ways to make $200. Some are one-time opportunities, while others have the potential to pay you $200 or more regularly. Some of the ideas on the list involve passive income, so you can make money while you sleep.

Sound interesting? Let’s get to the list.

Sell Services as a Freelancer

Freelancers offer services to individuals and businesses on a contract basis. They are self-employed and are not employees of a company. If you have just about any marketable skill, there’s a good chance you can monetize it as a freelancer.

To get started, advertise your services on freelance marketplaces like Upwork and Fiverr. As you gain experience, you can land better jobs and increase your rates.

Freelancers usually work on projects for multiple clients at the same time. Here are some common freelancer jobs that can pay $200 a day or more.

1. Freelance Writing

Blogs and websites, especially the larger ones, need people to provide content for their sites. Freelance writers largely fill this role.

You may only earn about $50 per article when you start, but you can increase that to $200, $300, and more as you gain experience, depending on the subject. As you build a client base and become more proficient at writing, you can make $200 a day. It may even become your full-time occupation.

If you’re interested in freelance writing, check out Holly Johnson’s article on this site, How to Become a Freelance Writer (from 0 to $30,000+ per month). It’s filled with tips from one of the most successful freelance writers on the web.

2. Ghostwriting

Ghostwriting is a form of freelance writing, but you’re writing content that will be published in someone else’s name. Many people on the web and elsewhere are looking to create books, tutorials, and other long-form projects but don’t have the time to do the actual writing. If you’re a strong writer and don’t mind someone else taking the credit for your work, ghostwriting might be for you.

3. Tutoring

Tutoring is one of the best strategies for helping children who are struggling with their schoolwork. You can become a tutor in almost any subject, but science and math are two of the most profitable niches. You can easily qualify if you have a teaching background or major in any particular subject in college.

You can search for tutoring jobs at local schools or provide your services online. Two websites that can help you do that are Wyzant and TutorMe. You can sign up for either, and parents and students will find their way to you.

Tutors can earn between $25 and $50 per hour. That can get you $200 in no time!

4. Teaching English as a Second Language

Teaching English as a second language is a more specialized version of tutoring. You’ll generally be helping recent immigrants or their children learn how to speak better English.

You can certainly offer your services locally, often through local schools. But it may also be possible to use online sources to locate international students.

An example is a website called SayABC that can help you get started. They require certification in teaching English as a second language and currently pay $21 per 40-minute tutoring session. (They also offer writing gigs at $30-$45 per hour.)

5. Babysitting

According to Parents.com, the national average rate for babysitters is $20.57 per hour for the care of one child and $23.25 for two. In large cities, the fees are even higher. You can earn as much as $200 in a single day caring for a child.

You can find babysitting gigs locally, often by word-of-mouth. But if you want to ramp up your activity – and your income – you can post your services on Care.com. It’s an online babysitting marketplace that can connect you with customers in your area.

6. Eldercare

This is a growing area of home care, and there may be hundreds of seniors in your area in need of help. You can offer your services locally, often through agencies and senior centers.

You can also take advantage of online marketplaces. Care.com also offers eldercare, along with babysitting. Another option is Visiting Angels. They offer caregiver jobs full-time and part-time. If you possess strong “soft skills,” such as listening, empathy, compassion, motivation, patience, etc., you’ll excel in this type of work.

7. Social Media Manager

This may be one of the best ways to make $200 fast. As you know, social media advertising has replaced print media and classified ads to a large degree. Almost every business needs to have a social media presence. Unfortunately, many are notoriously bad at the practice.

If you have any experience building an audience through social media, whether it’s Twitter, Instagram, or Facebook, you may be able to create a successful ad campaign for small businesses. And the money can be very good. After all, you’re driving more revenue to their businesses and relieving them of a task they probably don’t like.

8. Become a Virtual Assistant

Small businesses need help, but they can’t always afford to hire full-time employees for every task. However, they may be able to afford your services on a contract basis.

Think of any service you can provide, whether invoicing, customer service, bookkeeping, or just about anything else, and look for a small business in your area that needs help. Check out my post, How to Become a Virtual Assistant, for more ideas on how to make it happen.

9. Become an Online Transcriptionist

A lot of businesses need someone to transcribe content, especially law firms. Just about everything they do needs to be recorded somewhere.

If you never thought about being a transcriptionist, check out a website called TranscribeAnywhere.com. They’ll provide you with everything you need, including a course on becoming a legal transcriptionist. You can then use an app called TranscribeMe to help you find steady work. The pay starts at $15 – $22 per hour, but it can be much higher for special niches.

10. Become a Facebook Marketer

Did you know? You can make money on Facebook, the world’s largest social media platform. But Facebook is more than a place to connect with friends. It’s one of the world’s largest advertising platforms. Learn the ins and outs of placing and managing Facebook ads, and then help local businesses create and manage Facebook ad campaigns.

11. Food or Package Delivery

The gig economy has revolutionized everything from how we order food to the way we get around. You can become a part of the gig economy – and earn extra money – by becoming a delivery person for services like DoorDash, Uber, Lyft, PostMates, and more.

Since so many products need to be delivered door-to-door, you can easily find a job you’ll enjoy and that fits with your schedule.

12. Become a Substitute Teacher

According to the Bureau of Labor Statistics, the average pay for a substitute teacher is $18.47 per hour. That’s the national average; the rate is higher in large metropolitan areas and certain school districts.

Obviously, this isn’t an after-hours type income source. But it can work for homemakers and retirees. If you have teaching experience or even a college degree, you may be eligible to find work as a substitute teacher. Check the requirements with your area’s school districts to determine if you qualify.

Become a Part-time Entrepreneur

The next several money-making ideas require you to flex your entrepreneurial muscle. They often take a little longer to develop, but each one holds real potential to become a full-time business.

13. Sell Handmade Goods on Etsy

Do you have a talent for making handcrafted items? If you do, Etsy is an entire online marketplace where you can sell what you make. Many people make crafts to sell at craft sales and flea markets. But Etsy provides you with a marketplace that’s always open.

14. Sell Locally on Craigslist and Facebook Marketplace

You’re probably already aware that millions of people sell items on eBay. But you can also sell items locally by listing them on Craigslist or Facebook Marketplace. Plenty of people are enjoying success with both platforms.

The advantage of Craigslist and Facebook Marketplace is that you can sell larger items – which often command a higher price – without having to worry about packaging and shipping.

This is an especially lucrative market if you like to resell large items, like appliances, furniture, or exercise equipment.

15. Launch a Blog

This is a personal favorite. But as a veteran blogger, I’ll admit that making $200 a day blogging will require more time, effort, and dedication than other methods in this guide.

If you’re willing to take that plunge, check out my post, How to Start a Blog From Scratch and Make it Work. Trust me, once you get your blog up and running, it can be life-changing. Not only can you make a lot of money, but it can also open doors to opportunities you never imagined.

If you need a bit of motivation – or you just want to see what’s possible, find out How I’ve Made Over $1,097,757 From Blogging.

16. Create a Website to Sell a Product or Service

Is there a product or service you know you could sell if you had the right platform? If so, it may be time to dust off that idea and create a website to sell it. Millions of people have done this successfully.

It can be an “off-the-shelf” product or one you create yourself. Examples include writing an e-book or creating an online course. You can set up a website dedicated to selling either and even create a passive income source in the process.

17. Affiliate Marketing

Affiliate marketing is an income-generating strategy where you promote third-party products and services. Each time a sale is made from an ad or a link on your site, you’ll receive a commission payment from the provider. Affiliate marketing is most commonly done on a blog or website.

If you have a large and/or highly engaged audience, it can be a passive way to earn a steady income. It’s also a way to increase the revenue generated by your blog or website.

18. Web Design and Website Management

You don’t need to own a website to make $200 a day. Many website owners outsource the design and management of their sites. As a web designer, you can earn money both for the design and ongoing website management.

If you know how to build and manage websites, advertise your services on web platforms like ProBlogger, LinkedIn, and similar sites, to begin getting clients.

19. Become a Personal Coach

If you have a few years of experience in your career field, especially if you are in management, you may be able to earn extra money as a personal coach. That’s a specialty where you can help new, and intermediate-level employees advance their careers. And you can apply personal coaching to just about any career.

Your experience, along with additional research, will help make you an effective coach. You can charge by the hour or based on a flat fee. You can find clients through social media, especially on LinkedIn.

Other Ways to Make $200 a Day

20. Investing

Okay, if you want to make $200 a day investing, you’ll need to have a significant amount of capital, to begin with. But if you do, you’re well on your way to generating passive income.

One way to do this would be to invest in a portfolio of high-quality dividend stocks, commonly known as Dividend Aristocrats. Or, instead of purchasing individual stocks, you could buy a Dividend Aristocrats exchange-traded fund (ETF), such as the ProShares NOBL fund.

The easiest way to buy stocks and ETFs is through an online brokerage firm, like Robinhood, M1 Finance, Ally Invest, or SoFi.

Real estate is another good passive income investment. But you don’t need to purchase a physical property or deal with the hassles of being a landlord.

An excellent example is Fundrise. You can invest in residential and commercial property portfolios, even if you are new to real estate investing.

21. Rent Out Your House with Airbnb or VRBO

For a more hands-on approach to real estate investing, consider renting out a room in your house or an entire house on Airbnb or VRBO. You’ll make more money if your home is located in a large city or popular tourist destination.

Web platforms like AirBnb and VRBO can make it easy. They’ll provide you with everything you need for setting up short-term rentals in your home. You’ll pay a fee for their services, but they act as online marketplaces to bring you and prospective tenants together.

22. Take Advantage of Sign-up Bonuses

There are all kinds of ways to earn sign-up bonuses. Cash-back credit cards are one of the best sources. Most rewards credit cards offer welcome bonuses equal to hundreds of dollars if you spend up to a specific amount within the first few months of having the card.

Credit card bonuses are very common and are one of the easiest ways to earn $200 or more quickly.

23. Take Advantage of Referral Bonuses

This is one of the most overlooked ways to earn extra money. But many companies offer referral bonuses new customers. You’ll receive a referral bonus when you refer a friend or family member to the company. Often, the person referred will also receive a bonus.

For example, Swagbucks will pay you a bonus of 10% of your referral’s earnings for as long as that person remains an active member.

Also, check with your employer to see if they have a referral bonus program for prospective employees.

FAQs

The Bottom Line

I’ve covered 23 different side hustle ideas throughout this guide. But if you’re looking for more specific examples, check out my post with the best 37 Best Side Hustle Ideas for 2023. You’re sure to find an income-generating idea that will work for you.

If you’ve been dreaming about a better financial future, you’ll need to learn how to make extra money. Once you do, you’ll be able to get out of debt, pay for the things you want, and save and invest for an incredible future. Find a strategy – or combination of strategies – that will work best for you, and get started today.

The post How to Make $200 (Fast) a Day: 23 Ways to Make $200 appeared first on Good Financial Cents®.