How to Make $5000 a Week (13 SIMPLE Methods)

By Forrest McCall •  Updated: 03/04/24 •  13 min read

Wondering how to make $5k a week? Check out these proven methods that I've used to make $5,000 a week or more!

KEY TAKEAWAYS:

Some of the best ways to earn $5,000 a week include:

  • Blogging
  • Freelance writing
  • Investing with Arrived or Acorns
  • Starting a small business

Start Blogging

Whether you want to make $2000 a week or $5000 a week, blogging is one of the best ways to do so. Not only can you work from anywhere in the world, but you can also earn passive income over time.

To start a blog, you'll need to choose a topic that you're passionate about and that has the potential to attract a large audience. This could be anything from cooking to travel to personal finance. Once you've chosen your niche, you'll need to set up your blog and start creating content.

There are many ways to make money from a blog, including display advertising, affiliate marketing, and sponsored content. However, it's important to remember that blogging is not a get-rich-quick scheme. It takes time and effort to build a successful blog that generates a steady income.

To increase your chances of success, focus on creating high-quality content that provides value to your readers. This will help you attract a loyal audience and build your reputation as an authority in your niche.

Blogging is a great way to earn extra money and even start an online business. With dedication and hard work, you can turn your blog into a lucrative source of passive income.

Freelance Writing

If you're looking for a side hustle that can earn you up to $5,000 a week, freelance writing can be an awesome option. As a freelancer, you can work from anywhere, set your own schedule, and choose the projects you want to work on which is why I'm such a big fan.

To get started as a freelancer, you'll need to create a portfolio of your work and start pitching to potential clients. You can find freelance writing opportunities on job boards, social media, and freelance marketplaces.

When pitching to clients, make sure to highlight your skills and experience, and provide samples of your work. You can also offer proofreading services to increase your chances of landing gigs.

As a freelancer, it's important to set and negotiate rates and terms with your clients. You can charge per project or per hour, depending on the type of work you're doing.

Freelance writing can be a lucrative and flexible way to earn extra income. With dedication and hard work, you can build a successful freelance writing business and earn up to $5,000 a week.

Investing in Real Estate with Arrived

Are you looking for a way to invest your money and make a steady stream of income? Real estate investing with Arrived might be the solution you're looking for.

Arrived Homes Investing

With Arrived, you can invest in real estate properties with a low barrier to entry. You can start investing with as little as $100, and you don't need to be a real estate expert to get started.

Investing in real estate can be a great way to achieve your financial goals. With Arrived, you can earn rental income and benefit from the appreciation of the property over time. Plus, the power of compounding can help you grow your wealth even more.

Investing in real estate with Arrived is a great way to diversify your portfolio and generate passive income. So why not give it a try and see how it can benefit you?

Invest in Stocks with Acorns

If you're looking to flip $5000 fast, investing in stocks might be the way to go. With Acorns, you can start investing with just a few dollars.

Acorns Investing

When investing in stocks, it's important to set financial goals and budget accordingly. You should also do your research and make informed decisions about which stocks to invest in. Acorns can help with this by providing investment advice and diversifying your portfolio.

Investing in stocks with Acorns can be a great way to make $5000 a week. Just remember to set financial goals, budget accordingly, and do your research. With a little bit of effort and some smart decisions, you can potentially earn a good return on your investment.

Become a Consultant

If you have expertise in a particular field, becoming a consultant can be a great way to make money and establish yourself as an authority in your industry.

As a consultant, you can offer your services to businesses and individuals seeking guidance and advice.

One of the benefits of being a consultant is the earning potential. Depending on your niche and level of experience, you can charge hundreds or even thousands of dollars per hour for your services. This allows you to make a significant amount of money in a short amount of time, making it one of my favorite methods if you have the skills.

Another advantage of being a consultant is the ability to have multiple income streams. You can offer one-on-one consulting sessions, group coaching, online courses, and other products and services to diversify your income and increase your earning potential.

Becoming a consultant can be a lucrative way to make money and share your expertise with others. If you're passionate about your field and enjoy helping others, it may be worth considering as a career path.

Start a Local Business

If you're looking to make $5000 a week, starting a local business is a great option. You can start a business that aligns with your interests, skills, and passions. It can be anything from a car detailing service to a side hustle selling handmade crafts. The possibilities are endless.

One option is to start a cleaning business.

You can offer your services to homes and businesses in your local area. You can also expand your services to include carpet cleaning or window washing. Another option is to start a baking business. You can sell your baked goods at local farmer's markets or online. You can also offer custom cakes for special occasions.

If you're into gaming, you can start a gaming lounge. You can rent out gaming stations and offer snacks and drinks. You can also host gaming tournaments and events. If you're into crafting, you can start a crafting business. You can sell your handmade items online or at local craft fairs.

Starting a local business requires hard work and dedication, but it can be very rewarding. You can be your own boss and set your own schedule. You can also make a good income doing something you love.

Do Odd Jobs

If you're looking for a quick way to make some extra cash, doing odd jobs can be a great option. Websites like TaskRabbit allow you to easily search for jobs in your area, from yard work to dog walking.

Another option is to check out garage sales and thrift stores for items that you can flip for a profit. You don't have to be an expert in any particular field to make money as a freelancer. You can offer services like cleaning, organizing, or even running errands for people in your community.

If you're good with kids, you can also offer your services as a babysitter or tutor. You can charge anywhere from $15 to $50 an hour, depending on your experience and the services you offer.

Doing odd jobs can be a great way to make some extra money on the side. Just be sure to do your research and find jobs that are worth your time and effort. With a little bit of hustle, you can easily make $5000 a week. This is a perfect option if you need $500 by tomorrow.

Start a Podcast

Want to earn $20k a month? If you have a passion for a particular topic, starting a podcast can be a great way to turn that passion into profit. Podcasts are becoming increasingly popular, and there are many ways to monetize them. Here are some steps to get started:

  1. Choose a topic you are passionate about. Your podcast should be something you enjoy talking about and that you have a lot of knowledge about.
  2. Invest in good equipment. You don't need to spend a lot of money, but you should invest in a good microphone and recording software.
  3. Create a schedule and stick to it. Consistency is key when it comes to building an audience.
  4. Promote your podcast. Share it on social media and other platforms, and ask your listeners to leave reviews and ratings.
  5. Monetize your podcast. You can make money through sponsorships, merchandise sales, and even crowdfunding.

Starting a podcast can be a fun and rewarding way to make money and share your passion with the world. With a little bit of effort and dedication, you can start flipping your podcast into a profitable venture.

Here's a great video on growing your podcast!

Grow a YouTube Channel

If you enjoy creating video content and have a passion for sharing your ideas with the world, starting a YouTube channel can be a great way to make money. With over 2 billion monthly active users, YouTube is an excellent platform to reach a vast audience and grow your brand.

To start a successful YouTube channel, you need to create engaging content that resonates with your target audience. You can use tools like Google Trends to research popular topics and keywords related to your niche. It's essential to optimize your videos for SEO by including relevant tags, titles, and descriptions.

Another crucial factor in growing your YouTube channel is to create a consistent posting schedule. You should aim to post at least once a week to keep your audience engaged and interested in your content. You can also promote your videos on social media platforms like Twitter, Facebook, and Instagram to reach a broader audience.

In addition to creating high-quality content, you can also monetize your YouTube channel by joining the YouTube Partner Program. To be eligible for the program, you need to have at least 1,000 subscribers and 4,000 watch hours. Once you meet these requirements, you can start earning money through ads, sponsorships, and merchandise sales.

Here's a great video on how to grow your channel.

Affiliate Marketing

If you're looking to make an extra income of $5000 a week, affiliate marketing is worth considering. It's a great way to earn money by promoting other people's products and services. Amazon and eBay are popular affiliate marketing programs that offer a variety of products to promote.

To get started, find a niche that you're passionate about and research products that fit within that niche. Look for products that have high demand and offer competitive commission rates. Once you've found products to promote, create content that promotes those products and includes your affiliate links.

It's important to disclose that you're using affiliate links in your content, as it's required by law. You can do this by including a disclaimer at the beginning of your content or by using a disclosure statement on your website.

Remember that affiliate marketing takes time and effort to see results. It's important to continually create quality content and promote products to your audience. But with persistence and dedication, you can potentially earn $5000 a week through affiliate marketing.

Rent Things Out

If you have a car, house, or any other valuable assets, renting them out can be a great way to earn extra cash. Platforms like Airbnb and VRBO make it easy to rent out your home to travelers, while Turo and Getaround allow you to rent out your car to people who need a temporary ride.

But you don't have to stop at just renting out your home or car. You can also rent out equipment, like cameras or musical instruments, on platforms like Fat Llama or Rentah. And if you have a large yard, you can rent it out for events or as a parking space for people attending nearby events.

Rent things out

Renting things out can be a great way to make $5,000 a week without having to invest a lot of time or money. And with platforms like Airbnb and Turo, the process is simple and straightforward. Just make sure to do your research and set fair prices for your rentals.

Investing in Cryptocurrency with Binance

If you're looking to make $5000 fast, investing in cryptocurrency might be worth considering. One popular platform for trading cryptocurrency is Binance. With Binance, you can trade a variety of cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin.

Binance

To get started, you'll need to create an account on Binance and fund it with some money. Once you have money in your account, you can start trading. It's important to remember that cryptocurrency is a highly volatile market, so you need to do your research and be prepared for potential losses.

One way to minimize your risk is to diversify your portfolio. Instead of putting all your money into one cryptocurrency, consider investing in a few different ones. This can help spread out your risk and increase your chances of making a profit.

Another way to potentially make money on Binance is through staking. Staking involves holding a certain amount of cryptocurrency in your account to support the network and earn rewards. Binance offers staking for a variety of cryptocurrencies, including Binance Coin and Ethereum.

Sell Online Courses or Digital Products

If you have expertise in a particular field, you can create an online course and sell it on platforms like Udemy or Teachable. Online courses are a great way to earn passive income. Once you create a course, you can sell it repeatedly without any additional effort. You can also create digital products like eBooks, printables, or templates, and sell them on your website or on marketplaces like Etsy.

To create a successful online course, you need to identify a topic that people are interested in and create content that is engaging and informative. You can use tools like Canva or Adobe Spark to create visually appealing slides and videos. Make sure to price your course competitively and market it effectively. You can use social media, email marketing, and paid advertising to promote your course.

Creating digital products is relatively easy, and you can sell them at a higher profit margin than physical products. You can create eBooks on various topics, including cooking, fitness, or personal development. You can also create printables like planners, calendars, or checklists. Make sure to create high-quality products that provide value to your customers.

Final Thoughts

There are plenty of great ways to earn $5,000 weekly. Some of my favorites include freelancing, starting a business, or investing your money to make passive income.

Forrest McCall

Forrest is passionate about helping others grow their passive income streams so they can reach financial freedom. He has been quoted in many popular finance publications including Business Insider, Bankrate, CNET Money, and more.