win 200 dollars

How to Make 200 Dollars in One Day: 10 Best Ideas

There are a lot of reasons you might need to know how to make 200 hundred dollars in one day.

Maybe you just need a little extra spending money, or maybe you’re trying to accomplish a bigger goal, like:

  • Paying off credit card debt
  • Eliminating student loans
  • Saving up for a down payment on a car or house
  • Starting to invest in index funds
  • Investing in yourself with a course or new book

No matter the reason is, there are a lot of ways to make $200 fast. Today, we’ll walk through the 10 best ideas to make some extra money.

10 Ideas: How to Make 200 dollars in One Day

1. Open a Bank Account

Many bank accounts will offer a sign-up bonus for new customers. Getting a sign-up bonus is one of the easiest ways to earn money!

For example, CIT Bank is currently offering up to $300 to new users for signing up. Specifically, they’re offering:

  • $150 bonus with a qualifying deposit of $25,000 – $49,999
  • $300 bonus with a qualifying deposit of $50,000 or more

If you don’t have enough money to transfer to a CIT account to qualify for the deposit, don’t worry, they still offer best-in-class interest rates!

As of Jan 2021, they’re offering 0.29% interest on any account (with a $100 initial and ongoing deposits). If you deposit $25,000 or more, you’ll earn a 0.45% APY!

The 0.45% interest is still better than the typical rate offered by big banks. For example, if you put $10,000 in the account, you’ll make $45 in a calendar year.

CIT Bank isn’t the only good option out there either. Do some research to find the best high yield savings account for you!

2. Cut Your Monthly Bills

Another form of earning extra money is saving money, and cutting down your monthly bills is one of the best ways to save money.

When you cut down on your monthly bills, unfortunately, you won’t get your cash in one day. However, with only a few hours of work, you can set yourself up to save a ton of money down the line.

Plus, if you use a financial tool like Trim, the work that would normally take hours can be trimmed down to minutes!

Trim is a financial tool that does the heavy lifting for you, to help you:

  • Negotiate lower monthly bills (cable, internet, phone, and medical)
  • Find and cancel unwanted subscriptions
  • Negotiate bank and credit card fees

So far, Trim has saved its users more than $20 million by automatically taking care of their day-to-day finances.

Check out Trim to see how much you could save.

3. Sell Your Unused Stuff

One of the quickest ways to make money is to sell any unused stuff sitting around your house or apartment.

Things like old clothes, unused appliances, and out of style jewelry can all be sold to make some extra cash!

Here are some of the best platforms to sell your stuff on:

  • eBay
  • Poshmark
  • Craigslist
  • Facebook Marketplace
  • Gazelle
  • Letgo
  • Amazon
  • Or, do an old-fashioned garage sale

If you need some inspiration to help you get started, check out the site Millionaire Dojo. Nathan offers some of the best eBay selling tips out there.

4. Open a Credit Card

Again, this is another idea where you won’t get cash today. However, you can take action now to get $200, $500, or even $1,000 three months from now!

How to do it: open a credit card.

Many credit cards, mainly the premium cards with annual fees, offer enticing sign up bonuses to try and attract new users.

You usually have to spend a certain amount of money in a specific timeframe in order to get it. For example, spending $3,000 in three months.

The bigger the sign-up bonus offered, the bigger the spending requirement.

When getting these sign-up bonuses, it’s important to remember not to overspend just to get the bonus. If you typically only spend $250 a month and go on a shopping spree to get the bonus, you negated any good that the bonus was going to bring by overspending!

Instead, it’s best to sign up for cards where you can naturally hit the spending requirements. Or, where you can strategically pay up front for items to in order to hit the requirement. Like pre-paying gym memberships, vacations, and rent.

Last, it’s worth noting that credit cards offer many advantages outside of the sign-up bonus. In fact, most credit cards pay you just for using them! Through the form of cash back, points, and other perks, most people make at least 1% back every month.

5. Freelance on Upwork (or other site)

Sites like Upwork and Udemy have made it easy for people to turn their skillsets into money-making side hustles. Making money online has never been easier.

Whether you have experience with graphic design, writing, proofreading, social media, teaching Spanish, or any other service that can be offered online, setting up a freelance profile on Upwork is the first step to profit off it.

Don’t believe you can make significant money online? Just check out some of these rates for freelance logo design:

Just in the first few results, you see people charging anywhere from $35 to $85 per hour to design logos! That’s a better hourly wage than most full-time jobs, and you’ll likely see similar results for freelance writing, editing, and many other gigs.

Upwork is not your only option to make money online, either. Fiverr is another great freelance site to check out if you’re interested in earning some side income.

6. Do Odd Jobs

Along the same lines as freelancing, there are many other “odd jobs” you can do to make extra money fast. These jobs don’t require as specific of a digital skillset.

Usually, they simply require the motivation to get started. Here are a few examples:

  • Get paid to walk dogs through Rover
  • Babysit through to make extra cash (pet sitting is an option too!)
  • Get paid for helping someone move using Dolly
  • Earn cash delivering food and other items through Doordash or Postmates
  • Check out a wide variety of jobs on Taskrabbit!

Taskrabbit is the ultimate home of odd jobs! It offers a wide variety of ways for you to get paid:

7. Play Games

Mistplay is an android app that pays you to play games!

Yes, you read that right.

With this one, I’ll be honest, it’ll be pretty tough to earn $200 in one day. Though, it is relatively easy to earn some quick money. Getting $10 or $20 in gift cards in one day is not out of the question!

In this case, I think that earning something is better than nothing.

8. Take Surveys and Use Cashback Apps

Another idea that is good for earning $10 or $20 fast is taking online surveys. Companies are always conducting market research and looking for consumer opinions, like yours!

Plus, after a few weeks or months, you can easily make $200 or more by using a great survey site below.

Here are some of the best survey sites and online survey companies to start making money:

  • Swagbucks
  • Survey Junkie
  • Opinion Outpost
  • Rakuten (formerly Ebates)
  • Ibotta

9. Rent out a Room or Car

Some of the best side hustles involve taking advantage of existing assets, like cars, spare rooms, and space in general. Typically, you can make a lot of money while not investing a lot of time.

Airbnb, as I’m sure you know, is an online marketplace for lodging. If you have a spare room (or even a couch), you could be renting it out to earn extra cash.

Turo is Airbnb for cars. At least, that’s how I imagined the founders pitched it to potential investors. Anyway, you can use Turo to rent out your car, as Hertz would, and make money off an asset that loses value every day.

Spot Hero is a website and app that lets you rent out a spare parking space. It’s a great way to turn some extra space into extra income.

Last, you could also make quick money by driving people around using Lyft and Uber. It’s not passive income like some of the “rent it” options above, but it is a great way to use your car to make some extra money in your spare time.

10. See if the Government Owes Your Money

I first heard of escheat on one of my favorite podcasts, Planet Money. It was an infuriating episode to listen through, but you should definitely check it out.

I learned that Escheat, as Planet Money describes it, is like a State-run lost and found.

It is the process of the government taking control of our unclaimed assets (like retirement accounts, insurance policies, and more). On the one hand, this is a good thing, as it protects us against the companies who provided us these assets from using them and taking them from us. For example, Schwab couldn’t just reclaim the $100,000 someone has sitting in an IRA but hasn’t checked in on in years.

On the other hand, the government sometimes takes “unclaimed” assets when in fact, they could and should be claimed.

If this is piquing your interest, listen to that podcast episode linked above.

If this making you curious if anything has been taken from you, you can search for your state’s unclaimed property site to see if the government has taken anything from you.

For Illinois, the site looks like this, and they have returned over $703 million in assets since 2015.

What to do with $200

Now that you know how to make 200 hundred dollars in one day, what should you do once you earn it?

Here are 4 ideas on how to use the money wisely:

1. Pay Down Debt

Specifically, pay down high-interest debt.

Typically, this is credit card debt, debt from a personal loan, or student loans with an interest rate of over 5%. Every dollar you can put towards debt will save you exponentially in the future!

2. Build an Emergency Fund

If you don’t have an emergency fund of at least a few month’s expenses, you might want to consider setting one up.

An emergency fund can help keep you from going into debt if you have a large unexpected expense or find yourself in a situation where you are unemployed. You can set one up with a CIT Bank account, too!

3. Start Investing

Yes, you can start investing with as little as $200!

Learning how to start investing is easy, too. In fact, that’s one of the primary goals of Just Start Investing: making investing easy.

Charles Schwab is one broker that offers low-cost index funds and ETFs that make it easy to get started. You can check out our Charles Schwab Guide here.

Betterment is another option for new investors. They’re a robo-advisor that does most of the work for you, and you can learn more about Betterment here.

4. Invest in Yourself

Last, but not least, you could invest in yourself!

Whether it’s an online course you’ve always wanted to take, or a book you’ve had your eye on to help your career. Consider investing the $200 back into yourself.

Summary: How to Make 200 Dollars in One Day

Learning how to make 200 dollars in one day is the easy part, getting started and actually doing it is typically much harder!

I recommend starting with just one or two items from this list above and making money through those ideas, first. It’s better to focus and master one or two money-making strategies before trying to tackle them all at once.

Once you’ve mastered one or two of the ways to make extra money, you can move on to another idea or two. The number of ways to earn extra money is nearly endless, you are limited only by your motivation to get started.

How to Make 200 Dollars in One Day: Get the 10 best ideas, from opening bank accounts to starting side hustles, to help you make $200 fast!

18 Fastest Ways To Make Quick Money Online ($200+ In A Day)

  • Updated January 04, 2021

Today you’re going to learn exactly how to make quick money in one day.

In fact, with a little hustle, we’ll show you how it’s possible to make $200 in 24 hours online.

Now, depending on your situation, you might have to combine one, two or three ideas to hit your $200 target.

Actually, I recommend doing so: having different sources of extra cash is never a bad thing, and who’s to say you have to stop at the $200 mark?

For those in a time crunch, the first six ideas can help you put money in your bank account today, without leaving your house.

From there, continue reading to discover additional ideas that can help you make money this month.

How to Make Money Online ASAP

#1. Sell Something on Craigslist or Facebook Marketplace

Difficulty: Easy.

Time it takes for money to be deposited: Less than 24 hours.

If you need $200 ASAP, look around your home for a big-ticket item you can live without. It’ll be easier and faster than trying to unload a lot of small items.

For example, maybe you have an old smartphone, golf clubs you don’t use anymore, or an extra TV that never gets turned on.

Whatever it is, list it for sale to turn it into fast cash. If it’s hard to part with the item, consider the fact that you can always buy a similar one later, and often at a lower price than you sold yours for.

#2. Take Online Surveys That Pay Cash Instantly

Difficulty: Easy.

Time it takes for money to be deposited: Less than 24 hours.

When you think about how to make $200 in a day, you don’t typically think of surveys. And you’re right — you’re not going to make that kind of quick cash in 24 hours.

But there are a select few online survey sites out there with low withdrawal minimums, where you can take paid surveys today and immediately transfer the funds into a PayPal account within 24 hours.

Our favorite site that meets this criteria is Survey Junkie.

With its low $5 minimum payout and PayPal withdrawal option, it’s a decent way to make some fast cash.

#3. Sell Gift Cards or Redeem Credit Card Points

Difficulty: Easy.

Time it takes for money to be deposited: Less than 24 hours.

Credit card points and gift cards can be another source of quick cash.

Most credit card reward programs allow you to exchange points for statement credit instantly. If you can wait a couple of days, you can have your earnings deposited into a checking or savings account.

For gift cards, go to sites like Raise that allow you to sell your unused gift card for cash.

Alternatively, offer it to a friend at a small discount for cash.

#4. Have a Flash Garage or Yard Sale

Difficulty: Easy.

Time it takes for money to be deposited: As fast as today.

Garage and yard sales are still a fantastic source of extra money.

For the best results, look to see if your neighborhood or city has a date set for a neighborhood or city-wide garage sale. You’ll get the most traffic at these larger events.

If you don’t want to wait around for a big event, host your garage sale on Friday and Saturday, as these are the peak times people shop.

And, if you’re desperate for money ASAP, there’s no rule that says you can’t set up shop today and start selling miscellaneous items for cash.

#5. Find a Day Labor Gig on Craigslist

Difficulty: Medium.

Time it takes for money to be deposited: Less than 24 hours.

Many individuals and small businesses look to hire people for a day on Craigslist. You can often get paid in cash for a one-time gig.

There’s a wide variety of work on Craigslist. As you can see below, common day labor gigs include seasonal jobs, moving heavy objects, picking up heavy objects, odd jobs and general handyman duties.

To find jobs that you might be suited for, search in City > Labor Gigs. Consider ones that won’t involve too much driving, as you don’t want gas money to eat up your profits.

Pro Tip: TaskRabbit and Amazon Home Services are similar sites where you can look for one-day gigs to earn extra cash. Each site has you set up a profile, as well as go through a quick background check (which can take a few days).

They’re worth checking out if you’ll be looking for more day labor jobs in the future (even if it’s just a few times per month). You’ll get rated and reviewed on the quality of your work, and over time that can increase your earnings compared to sites like Craigslist.

How to Make Money Quickly ($200+ This Month)

More time equals more options. And in most cases, significantly better options. It turns out there’s a lot you can do inside 30 days to make extra money.

#6. Make Money Online Freelancing

Difficulty: Hard for those who have never freelanced before.

Time it takes for money to be deposited: One week or more.

It’s easier than ever to make extra money freelancing. Sites like Upwork and Fiverr allow you to create a profile and apply for jobs today.

Popular freelance side gigs for beginners include:

While it’s fine to get into freelancing as a way to make money in the short-term, don’t ignore what a great possibility it is for long-term income too. This doesn’t have to be a one-and-done moneymaker.

#7. Earn Quick Cash Babysitting

Difficulty: Easy.

Time it takes for money to be deposited: Less than 24 hours.

Quality babysitters are constantly in demand. And with a little bit of work, nailing down that first gig in less than 24 hours is possible.

Trust is of the utmost importance, so start by reaching out to your network.

It may be uncomfortable to post on Facebook and say that you’re looking for work, so consider talking privately to some of your friends with kids. Tell them you’re starting up a babysitting side hustle and ask them to recommend you to anyone they know who’s in need of on-demand child care.

If you’re still having trouble, Nextdoor is an app that allows you to communicate with your neighbors, and it’s a great place to post that you’ve started up a side business without having to broadcast that fact to your entire social group.

#8. Dog Walking and Pet Sitting

Difficulty: Medium.

Time it takes for money to be deposited: Less than 24 hours.

As with babysitting, being a pet sitter is another area where there’s a need for trusted individuals to help.

While it’s difficult to land a job the same day you start looking, it’s not impossible. Start by applying the same strategies mentioned above for babysitting — the most important being to let people who already trust you know that you’re looking for work.

One good option for getting started is Rover, which connects pet owners with freelance walkers.

#9. Sell Stuff Online (eBay, Etsy and Other Sites)

Difficulty: Easy.

Time it takes for money to be deposited: One week.

The benefit of selling items online, compared to locally, is that you have access to a much larger audience. This makes it an ideal option for selling unique items (such as collectibles) and in-demand items that can be easily shipped (like smartphones).

There’s no shortage of websites for selling your stuff. Ebay is one of the largest marketplaces, and you can sell just about anything on the site.

Amazon can also be a good option, especially for those who have items still in their original packaging. However, the fees tend to be higher than eBay (so make sure you’re getting a higher price).

Etsy is an option for selling handmade items, crafts and vintage goods.

Recommended Resources:

#10. Rent Out a Room on Airbnb

Difficulty: Hard.

Time it takes for money to be deposited: Two weeks.

If you have a spare room in your home, or somewhere to stay for free while you rent out your place, consider becoming an Airbnb host.

To get started, you need to sign up for an account, take pictures, and fill out the description. Airbnb will then connect you with verified guests who are looking for a place to sleep.

Being located in a popular area can certainly help maximize your earnings. However, even rural and less-touristy areas can command decent money for a room.

To find out how much you can get for your room, fill out this Airbnb rental calculator.

#11. Make More Money at Your Current Job

Difficulty: Medium to hard.

Time it takes for money to be deposited: One week.

Earning more from your primary line of work can help solve a lot of money problems. Your best options are to ask for a raise or find a new job.

Alternatively, seeking a second part-time job — for example, one you can work nights from home — will put more money in your bank account.

It may not be easy, or something that you want to sustain for the long-haul, but it can help you get out of a sticky financial situation without taking on debt.

Recommended resource: How to ask for a raise.

#12. Become a Website Tester

Difficulty: Medium to hard.

Time it takes for money to be deposited: One to two weeks.

UserTesting is a cool platform that allows you to get paid for testing apps and websites.

You’ll get paid $10 for every 20-minute assignment.

The downside is that supply and demand for testers fluctuates, so you’re not guaranteed to find opportunities every time you log on.

In some cases, you’ll also have to qualify for a specific test. For example, a website may only be looking for feedback from a specific demographic.

But if you can manage to complete a few tests per month, it’s a legitimate way to make $100 or more.

#13. Make Money Online with Microtask Websites

Difficulty: Easy.

Time it takes for money to be deposited: One to two weeks.

Microtask websites allow you to make money by completing small one-off jobs.

Most tasks are very basic and require little to no training. Common examples include data entry, data verification, information sorting and transcription.

This work is fairly easy money, but it doesn’t pay much on a per-hour basis.

Amazon Mechanical Turk (known as MTurk) is the most well-known website that hires people for these types of small tasks.

#14. DoorDash, Postmates and Other Delivery Jobs

Difficulty: Easy.

Time it takes for money to be deposited: One week.

DoorDash is an on-demand food delivery app that allows freelance couriers to earn money by picking up and delivering orders. Think of it as the Uber or Lyft of takeout.

As a Dasher, you’ll get paid based on the distance of the delivery, the amount of time you have to wait for the order, and a few other factors. Plus, you’ll keep 100% of the tips you receive through the app.

Postmates is similar to DoorDash, with the added benefit that it’s even more flexible. You can work as little or as much as you want, whether that’s one delivery or 12 hours straight.

It can be surprisingly lucrative, as you’ll get paid anywhere from $4 to $15 per delivery. And as with DoorDash, you get to keep 100% of your tips.

Postmates allows you to deliver by car, scooter or bike, or on foot in certain locations.

To get started, create your account. Then you’ll receive a welcome kit with a delivery bag.

From there, just download the app and start looking for delivery opportunities in your area.

If you’re in a crunch for money, Postmates allows you to get paid instantly for a small fee, or to wait four to seven days to be paid by ACH.

#15. Drive for Uber (or Deliver for UberEats)

Difficulty: Easy.

Time it takes for money to be deposited: Instantly, once you’re approved.

You’ll have to meet some basic qualifications to be an Uber driver, but there’s good money in it. You also have to be 21 or older with a valid driver’s license that’s at least one year old, and you must have an up-to-date insurance policy.

Reasons you might want to consider being an Uber driver include:

  • It pays decent money (and you can get tips).
  • The demand is high, especially in bigger cities.
  • You get to choose the hours you want to work.

Uber allows you to withdraw your earnings instantly, which makes it one of the best options when you need fast money.

However, be aware that it does take some time to get approved to work on the platform, as you may need to pass a background check and wait for a car inspection.

#16. Create an Online Course

Difficulty: Hard.

Time it takes for money to be deposited: One month.

You’re an expert in something. And if others are looking to learn what you know, you can get paid good money to create a course for those people.

And since you can keep selling the course over time, it can even become a source of passive income.

Life-changing money can be made here. One story I really like comes from the book Side Hustle: From Idea to Income in 27 Days. It explains how Teressa Greenway, who was on food stamps at the time, created a course on baking sourdough bread that generated over $86,000 in income.

It can certainly help to have an existing blog or a social media account that has potential buyers, which is something you can start building today.

#17. Affiliate Marketing (or Refer-a-Friend Programs)

Difficulty: Easy.

Time it takes for money to be deposited: 1 to 30 days.

Affiliate marketing, along with refer-a-friend programs, offer some great opportunities for earning extra income.

There are a lot of companies that exist today that will pay you for making a referral through affiliate links. And you may already be signed up for many of them.

And no, you don’t need a huge social media following or website to get started. Simply referring a handful of friends and some family members can earn you a surprising amount of money.

On a small scale, introducing your friends to a site like Swagbucks — a very popular rewards site that allows you to make money online in a variety of ways — can help both of you make some extra cash.

On a larger scale, financial institutions are known for offering some solid referral bonuses. For example, Chase and American Express both have lucrative referral programs for existing cardholders.

#18. Mystery Shopping

Difficulty: Easy.

Time it takes for money to be deposited: 1 week to 30 days.

Mystery shopping is a legit industry with many opportunities. In fact, one of The Ways To Wealth’s contributing writers has done over 100 mystery shopping jobs.

While you’ll want to be sure to check out her complete guide to making money as a mystery shopper, first things first: understand that it’s by no means a high-paying gig with a lot of upside potential.

That said, there are many legitimate mystery shopper opportunities that can help you earn a few hundred dollars per month on a part-time basis.

How to Save Money Fast (Up to $1,000 Today)

Sometimes it’s much easier (and better in the long run) to find ways to save money than to find ways to earn more. It’s easy to end up with $200 more in your bank account if you watch what you’re doing.

Not sure where to start?

  • Save money on groceries.
  • Cut or negotiate subscriptions, such as cable, magazines and newspapers. To save time, consider using an automated service like Truebill that can help you cut or negotiate your rates on your behalf.
  • Shop around for your car and home insurance. Check out Gabi Insurance, which saves its new customers over $800 on average.

Refinance Your Mortgage

At The Ways To Wealth, when it comes to saving money, we recommend focusing on your home, transportation, education and food costs. This is where you’ll save the most amount of money in the shortest amount of time.

While moving to a lower cost-of-living situation requires a lot of work, if you’re a homeowner, refinancing your mortgage is much easier. More so, it can save you a lot of money every month.

Figure has a streamlined, online-only application process that allows you to complete the mortgage refinance process in a matter of weeks.

They’ll pull an initial soft credit check to provide you with rates and terms, but this doesn’t hurt your credit score.

If you have equity in your home, Figure also gives you the option to do a cash-out refinance.

Ask For a Rent Reduction

If you’re struggling to pay rent, consider asking your landlord for a rent reduction.

A reduction in monthly rate (or alternatively, a partial or delayed rent payment that avoids you having to take on more debt) is quite helpful when you’re in need of quick cash.

FAQs About Making $200 Per Day

It depends on how you define “free.” There are many companies that will pay you cash rewards for completing small actions like signing up for a website or downloading a free app. Often, these tasks take just minutes, with payouts ranging from pennies to $100 or more.

It’s best to avoid payday loans by whatever means necessary, even when you’re under severe financial stress.

These loans and cash advances almost always come with sky-high interest rates and fees that leave you in a bigger financial hole with every passing week.

If you end up not being able to pay them back, they may go into collections, where they’ll ruin your credit for seven years — or you may end up having your paycheck garnished.

Often, these types of loans seem like the only viable means of relief. If you have a low or unstable income, or have below-average credit, it can seem like you have no access to other less-predatory sources of financial help.

However, there are a number of cash advance options that are either free or low cost, and we recommend you exhaust those options before turning to more extreme measures. In most cases, you’ll be able to find one that works for you.

While it’s possible to make quick money by investing in stocks, it’s difficult. In fact, it is very difficult. There’s a wide body of research that shows day traders perform much worse than people with a patient buy and hold strategy.

Plus, in order to make money, you need to have money to invest. For example, say you were to get lucky and earn a 20% return on your money within a week (keeping in mind, this is extremely rare and requires a lot of risk).

You’ll need to invest $1,000 of cash to earn $200 in profit. Plus, you’ll owe taxes and potentially brokerage fees.

However, while playing the stock market isn’t a reliable method for earning money quickly, getting companies to give you free stock is.

In fact, we compiled a list of 10 legit free stock offers. Complete them all and you can earn between $50 and $3,000, depending on how lucky you are.

The best way to make money within a day online is through selling items on Facebook Marketplace and other selling sites.

Second to selling, which also offers much more long-term earning potential, is freelancing. Having a skill that others are willing to pay for is one of the best ways to grow your income today and in the future.

Freelancing businesses — and specifically ones with zero start-up costs — are the best way to make money fast from a business.

Once you’ve found a skill people are willing to pay for and have a few happy clients, you can use the agency model, where you’re using independent contractors to perform the work.

This allows you to scale much faster, compared to you being the only one doing the work.

Yard work, babysitting and pet sitting are a few popular options for kids and teens looking to make money fast.

How to Make 200 Dollars Fast: Final Thoughts

Diving deeper into debt makes it that much more difficult to win the game of personal finance.

So, when times get tough, making extra income is one of the best things to do to give yourself a better financial future.

There are right ways and wrong ways to make money fast. We'll show you the difference and help you choose the best option for your situation.