Passive Income : 20 Ways to Make $1000 a Month

Maybe you’re behind on your payments, or you want to fulfill a financial goal right away. In any case, I’ll teach you how to make 1000 a week in this post.

Whatever the reason you need fast money, there are plenty of ways to achieve this without much work. It’s possible to make that much money in a week, maybe even in less time.

I suggest you employ a strategy that utilizes multiple items on the list below. The more you manage to accomplish, the more you get paid. It’s that simple.

If after reading, you still have no idea where to start, I’d recommend a system that can help you form a business game plan.

And you’ll want to check out the tools that I use to run my business projects, as they’ll be helpful for you as well.

After you get yourself out of your current financial pickle, you can keep using your strategy to make a few extra thousand dollars every month from now. Who knows? Maybe being short on cash could be a thing of the past for you.

WARNING: You might not be able to make $1,000 from only doing a single idea. Some of them will yield large results, but some of them will be less profitable. But by combining your efforts with a few of the ideas, you’ll be able to meet the $1k/week mark. Good luck!

How to Make 1000 a Week Online and Offline

1. Answer Paid Surveys.

Companies will pay top dollar to do market research. You, as a consumer, can bank on this fact and start answering surveys for money.

Many popular paid survey sites pay participants through PayPal. So you could earn a few extra dollars here and there simply by giving your opinions on certain products.

I have to note that answering surveys isn’t going to cut it if you want to make as much as $1,000 a week. You’ll need to research some paid focus groups.

For example, there are some focus groups on Survey Junkie that will pay you by answering simple questions.

These high-paying surveys usually take around an hour to complete, so you should be able to get to your $1,000 goal if you use your time wisely.

Let’s say you’ve signed up for Survey Junkie. I suggest that you go to your Settings and select the option where you’ll be notified whenever a new focus group becomes available.

These opportunities don’t last very long, so make sure you jump on them right away when you get notified.

Aside from Survey Junkie, here are some other paid survey sites you can join:

InboxDollars

MyPoints

Swagbucks

2. Start a Blog.

One of the ways you can make fast money online is by starting your own blog. You can make $1,000 online and much more if you’re consistent about posting.

There are many platforms out there like Wix that make it easy for someone who doesn’t even have coding and design experience.

Yes, making money off a blog will take time. Don’t expect to make $1,000 instantly with this method.

But once you get to that profitable level, you can make $1,000 in your sleep as your blog will be online 24/7 and available for customers to connect with you.

Think of your blog as a business. You can launch this high-profit business at around $3 per month, less than your coffee order.

If you’re an above-average writer and you have plans on dominating a niche, blogging is definitely the way to go to create a long-term side hustle.

3. Work as a Tutor

Are you well-versed in a particular subject? You can impart your knowledge online and get paid handsomely. You could even teach skills that aren’t taught in schools.

However, teaching traditional subjects to children seems to be the most popular option in this case.

My favorite tutoring platform is Preply or VIPKid, which pays native English speakers to teach the language to students in China.

The average earning rate for an online tutor is $22 per hour. Best of all, you don’t even have to prepare your curriculum or teaching materials. It’s just a matter of logging on, teaching your assigned students, and getting paid.

Making $1,000 a week is really easy through online tutoring. For example, working 40 hours a week on VIPKid could quickly get you that amount.

4. Collect Sign-Up Bonuses.

llect Sign-Up Bonuses.Many sites and apps will pay you by simply registering. So yes, you’ll likely earn smaller amounts with these sign-up bonuses, but they can add up.

Some sites will even pay you more for creating a profile and verifying your email address. This method of earning money is super quick. It’s just a matter of finding where to sign up. Here are good places to start:

InboxDollars: $5

Ibotta: $20

Rakuten: $20

Swagbucks: $5

It could take you only a few minutes to sign up to these apps, and that’s an instant $50 right there! I suggest researching which sites are giving away free money without having to exert much effort.

5. Earn Referral Bonuses

Speaking of sites giving away free money, many of them will do so if you refer your friends and family.

So instead of only getting sign-up bonuses, you can earn more money by sending out your personalized referral links to people.

When others use this link to sign up for the same sites, you essentially get a commission. To illustrate your possible earnings, here’s what you can get for referring people:

InboxDollars: $1 per referral + 30% of their earnings

Ibotta: $5 per referral

Rakuten: $25 per referral

Swagbucks: $3 per referral + 10% of their earnings

Let’s say you get a friend in on this action. All your welcome and referral bonuses from all these sites could instantly get you $120. Think about how much more you can earn if you get more people to sign up too!

6. Work as a Virtual Assistant.

Virtual assistants are super in demand these days. So what exactly do they do?

People hire VAs from sites like Fiverr, Flexjobs, and Freelancer to complete online tasks that they otherwise won’t have time to do. They’re essentially highly capable secretaries.

As a VA, you’re expected to do light administrative tasks like responding to emails and bookkeeping. However, being a VA could entail so much more.

Depending on your skill set, you may be tasked to post articles, update social media profiles, and do some research.

You could make good money being someone’s assistant online, and it doesn’t require too much work. You just need to be organized, efficient, amiable, and diligent about being online most of the time.

7. Earn Money While Shopping.

If you’re going to do some shopping anyway, you might as well make some money off of it. My favorite cashback app is Ibotta.

You basically buy everything that you usually would with this app, meaning groceries, clothes, medicine, gadgets, and much more. The app will automatically give you some of your money back with every purchase.

Sure, this may not be the most efficient way to make $1,000 a week, but it’s still a viable way to earn money here and there.

Unfortunately, this method is incredibly overlooked because not many people earn money back when they lose it by shopping.

Ibotta is entirely free to use, and I suggest you give it a try because you’re going to buy groceries anyway. And like I mentioned above, you get a $20 sign-up bonus by simply redeeming your first offer.

8. Be a Freelancer.

Anyone can profit off their skills on the internet. Whatever your field is, doing some freelance work online can easily make you $1,000 a week.

If you’re cute, you could sell your photos. Good at numbers, you can work as a bookkeeper. If you’re a talented graphic designer, you can get paid to make company logos.

Unsure about what kind of freelance jobs you can get? Check out the jobs on sites like Fiverr and Freelancer.

9. Write Content For Websites.

It’s common knowledge these days that most websites don’t write their own content. Instead, they outsource the job to freelance writers. You can get gigs as a freelance writer and produce articles on virtually any subject.

You don’t even have to be an expert on a particular niche. All it takes is a little research, and you’re well on the way to writing an original piece. To improve the speed and quality of articles, you can take the help of artificial intelligence. Check out Appsumo for lifetime discounted deals on such tools

Freelance writers are usually paid per word, but there are some platforms that have set rates for articles.

10. Start Investing.

Finally, the smartest way to accumulate $1,000 overtime is to start investing. I suggest that you put your spare cash into a high-interest savings account so your funds can grow in your sleep.

I know you need $1,000 right now, but investing as soon as possible helps secure your financial future, so you never have to work hard for extra money here and there.

Trying to come up with money quickly is a stressful process, and you want to avoid this as much as possible. Make your current funds work for you and let them multiply.

11. Make a Budget.

And, of course, you’re going to have to stick to this budget.

Maybe you find yourself strapped for cash before each month ends because you don’t know how much money is going in and how much is going out.

Planyout how you’re going to spend your money and keep the splurging to a minimum. You can even automatically reduce your bills by using apps like Trim or Truebill.

Trim will analyze your ongoing expenses and make recommendations about subscriptions you might want to end.

Best of all, this miracle app will automatically negotiate some bills on your behalf, like your car insurance and cable bills.

Trust me, being more frugal and careful about your money will make a difference in your financial freedom. Yes, it’s going to take some willpower, but it’ll be worth it!

12. Negotiate a Pay Raise

Finding a new job is not always the solution to making more money as a traditionally employed person. However, depending on what field you’re in and your performance at work, it’s possible to charge more for your services.

Most of us don’t even consider asking for a raise. Instead, we resign ourselves to the initial salary that we agreed upon when we took up the said job.

Think about your contribution to your company. You might actually be selling yourself short with your current salary.

The next time you earn a good performance review or you close some big deal, think of this as proof to your boss that you deserve a pay raise.

Women, in particular, have a hard time asking for more money. So if you’re nervous about negotiating, practice beforehand or do some research.

13. Turn to a Friend or Family Member for Help.

If you’re really in a bind, sometimes the only thing you can resort to is asking for help. It can be challenging for some people to admit struggle and approach others.

If you can get over your shyness, a generous friend or family member can give you a short-term loan.

I must note that money matters can ruin relationships. With this in mind, be honest with the lender and be upfront about repayment terms. Borrowing from friends and family should be done properly.

Do your best to pay your dues on time. If, for some reason, you can’t keep your word, talk to the person who loaned you money and explain your current difficulty.

You might not be able to pay, but at least they know that you’re transparent, with the full intention to pay back what you owe.

14. Refinance Your Debt.

Gaining financial freedom is going to be extra tricky if you carry a lot of debt. You need to overcome this hurdle before you can work towards your savings. One way to manage your debt is to refinance it.

The primary benefit of refinancing debt is that it considerably lowers your interest rates. By doing so, you’ll get to save more money during repayments each month. You could potentially earn back $1,000 or maybe more.

If you don’t know where to start when it comes to debt consolidation, Credible is worth checking out.

On Credible, you can see your options from different lenders depending on your current financial circumstances.

Credible is, in fact, credible because they’ll give you $200 if you find a better deal on refinancing elsewhere. That’s how confident they are in their ability to lower debt.

15. Test Websites.

Another way to make an easy $1,000 is to get paid testing websites. Like with paid survey sites, companies are willing to pay regular folk like you and me to review the efficacy of their product, in this case, a website.

Even major companies like Airbnb, Twitter, and Instagram sometimes pay people to test their user interface. The amount of money up for grabs is undeniable.

16. Sell Crafts.

If you’re the creative type, you’ve probably been to markets where artists sell their wares. You could do essentially the same thing online by selling something that you make.

Handcrafted items have a certain appeal to them, so you probably won’t have trouble selling yours online. Plus, setting up an online store has never been easier!

Online marketplaces like Etsy make it possible for small-time crafters to make it big.

You can sell almost anything you can think of. For example, your store could sell your homemade jewelry, decor items, apparel, home accessories, novelty items, and more.

If your product is unique, there’s definitely a population on the internet that would want to get their hands on them.

17. Take out a Loan.

Yes, I made a big deal about getting out of debt before.

However, if you need $1,000 now and running out of options, then taking out a loan might be your last resort. I’d say it’s OK to take out a loan, but with some conditions.

First, I urge you to avoid payday loans. Sure, with a payday loan, you could get that $1,000 really fast. However, you’ll likely end up paying way more than what you borrowed because the interest rates are generally huge.

Instead Credible is a better platform as it helps people make better borrowing decisions by simplifying the process of comparing and taking out loans.

What should you consider before taking out a personal loan?

First, check the terms and see if they’re manageable. Then, make sure that you have the ability to pay off the loan as quickly as possible. You want to rake in interests and penalties, only to have your debt spiral out of control.

18. Find a New Job.

Maybe your current job just won’t cut it. You might be having a hard time admitting to yourself that you’re stuck in a dead-end job and you’ve run out of opportunities.

It looks like it’s time to look for a new job with a higher salary. If you’re able to quit your current job without having to worry about bills for a while, then it might be a good idea to spend the next few weeks or months looking for new employment.

Did you know that getting a new job with a higher salary every few years can amp up your lifetime income way more than if you stay with the same company?

Of course, all of this depends on your industry and your current financial situation.

If it’s not possible for you to quit your current job, there’s no harm in applying for other jobs and seeing what kind of salaries you can earn elsewhere.

19. Hold Your Money Tighter.

I mean this metaphorically (although my wife would argue that I physically do this). Cutting down on spending here and there can dramatically increase your savings every month.

Even if you don’t have a budget, you can see a change in how much more money you can accumulate by being mindful of your spending.

Start with minor changes. Let’s say you order coffee from Starbucks every morning. Instead of spending that $5 every day, you could brew your own coffee at home and take it to work in a vacuum flask.

Maybe you eat out during lunch, and it usually costs you around $10. You can cut out that expense by prepping at home and bringing meals to work instead. That’s an instant extra $50 right there.

Think about all the small luxuries that you overlook. Maybe you’re spending $20 each month for a subscription you don’t use.

Perhaps you buy too much fresh produce that ends up going bad in the fridge. Make minor spending cuts. I promise you’ll be surprised about how wasteful we tend to be at times.

If you need something to help you with money management, I suggest you check out Personal Capital.

You don’t have to pay anything to use it, and it’s an excellent way to manage your whole financial situation in one place.

20. Write an Ebook.

Whether you have a penchant for writing or you have a unique experience that’s worth sharing in written form, publishing your authored Ebook is an excellent way to make extra money.

The fost efficient way you can make money off your Ebook is by publishing it through Amazon Kindle Direct Publishing. With AKDP, you’ll own the rights to the book entirely and be able to set the price.

In addition, you get to keep 70% of the sales, and Amazon’s millions of customers worldwide will be your audience.