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Quick Ways to Save $500 in a Week!

Life always bring unexpected challenges – a flat tire, an emergency doctor visit, an unexpected bill. Whatever it might be, there are times when we need to earn some money – quickly – to help us stay afloat. I’m sharing my favorite easy ways to save $500 in a week to help you get back on track.

I received compensation for this post. All opinions are my own. 

You can join in brightpeak financial’s Savings Challenge for a whole week of tips, tricks, strategies and savings activities that will set you up for success! The reality is, emergencies and unexpected expenses are inevitable. These strategies can help you attain long-term money success so you’ll have useful tools available no matter when the next bump in the road arises. Head over to join the $500 Savings Challenge, then read on for my own savings ideas to help kick start your first day of the challenge!

5 Ways to Save $500 in a Week

Simple ways that anyone can use to save up $500 quickly - in a week! These unique savings tactics will help you build your emergency fund, pay down debt, or cover an unexpected bill or just help your finances realign. No matter what you're needing the quick cash for - even if it's just for shopping for Christmas or Birthday presents, you'll have funds fast and easy!

Use Your Talents – Can you play the piano? Try offering a 1-week piano workshop! Or are you a great decorator? Reach out to friends and offer to help redecorate a space for a flat designers fee. Maybe you’re a talented musician? Reach out to local cafes and restaurants and see if you can secure a gig. Whatever your personal skills are – find a way to market and use your talents for a quick profit.

Have a Personal Bake Sale – I have a really good friend that always offers up batches of her amazing cinnamon rolls for sale whenever she has a car problem and needs quick cash. She reaches out to friends and family that might be interested and takes orders and then gets to work! Another friend of mine makes Navajo tacos when in a bind. I love it because I can help my friends AND get yummy food out of it! Find a killer family recipe that would be easy to share and get baking.

Sell Your Excess – Most of us have much more than we need around the home. Hold a de-junking party and then price your items to sell quickly! You can also take advantage of local swap and shop groups, resell sites, and consignment stores to help you turn those items you no longer need into cash!

Cash-in Gift Cards – You might have a stash of money right in your wallet already! Most people have several gift cards in their wallet. If they are for stores you likely won’t be shopping at anytime soon, consider trading them in for cash! You can start by asking your family and friends and selling the cards at a discount to get a quick turnaround and offer your friends a great discount! Usually, if you offer 20-25% off the retail value of the card it’s a win-win sale for both parties. There are also kiosks that will buy your gift cards and online sites to help, too.

Taxi Your Friends – When people need to travel for work, they’re often reimbursed either for their mileage or paid directly for taxi/transportation. This can be a really easy way to make a quick buck. You can bill for the ride using an online payment processing tool and your friend seeking the ride can reimburse the expense. You can also offer personal transportation for traveling family members when they don’t want to have to park their vehicle at expensive airport parking, though billing family/friends in this manner and using their car will usually not net as high of a rate for your time. It can still be easy money to add to your savings.

7-Day Savings Challenge

Need more ideas? Don’t forget to head over and sign-up for a FREE 7-day email program that’s designed to help push you each day during your Savings Challenge to get saving and start an emergency fund.

The $500 Savings Challenge includes:

  • Daily Challenges delivered right to your inbox
  • Insider tips on the best savings account features
  • Expert advice on how to make – and stick – to savings goals
  • Easy tricks to help you spend less and avoid common mistakes

It’s everything you’ll need to get starting saving, quickly. So what are you waiting for? Head over to brightpeak financial and join the $500 Savings Challenge.


fb-save-500Did you find this post helpful? Share it with your friends! Looking for more ways to save money? Head over to grab our $1,000 emergency fund savings plan! What ideas do you have to save $500 in a week?


Crystal Green

Saturday 30th of July 2016

I like how unique these ideas. I wouldn't have thought to make dinners to earn money, but it's a remarkable one.

Thank you for sharing this with us on the #HomeMattersParty. We hope to see you again when we open our doors at 12 AM EST on Friday.


Friday 29th of July 2016

Wow, these are so great tips, I've never though of a bunch of these. Thanks for sharing it!


Thursday 28th of July 2016

My niece needed somewhere to store her furniture for a short time. It was the motivation I needed to finally clean out my garage. The added bonus was I sold off a bunch of stuff & made money.

Janeane Davis

Thursday 28th of July 2016

The title to this post certainly got my attention. I saw some interesting ideas here that I would like to share with some friends.


Thursday 28th of July 2016

Grea tips, these will come in handy when I have to save for my daughter's 8th grade class trip!

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