The $5000 Challenge
Make an extra $5000 in 112 days.
That’s the challenge my son will be taking, starting tomorrow (August 11th) and ending December 1st.
For those without their calculators handy, $5000 averages out to about $44.64 a day, but of course it’d be just fine to earn it in bigger chunks too. We thought it might be interesting to get readers involved, so we have two questions for you:
#1. Who’s got (legal) ideas on ways to earn money?
Leave your ideas in the comments. The more specific, the better. He’s looking for good ways to make money, and is willing to do what folks suggest and report back on the results.
Keep in mind that like many folks, my son’s already got a job, and he’s going to school full-time. Other details: he’s got a computer and a truck. We do live in the (boiling hot) desert, so things like shoveling snow and raking leaves won’t apply here. But they could sure work for other people!
#2. Who’d like to join in?
Are you up for earning a chunk of extra money too? It can sure come in handy, especially in the months leading up to the holiday season. So now’s an excellent time to start earning some money on the side.
$5K could fund an IRA, buy an older used car, fund a semester of college or an awesome trip — you name it. If you want to participate in the challenge too, say so in the comments below & I’ll contact you with how it will be handled. Not only will you go out and make some extra money, but you’ll have the chance to be crowned the $5000 Challenge King or Queen.
Entirely possible
I think it’s entirely possible to earn that amount of money in 112 days. It’s all about taking action ASAP, and then following through. So who’s with us? Comment below, either saying you’re up for the challenge and/or offering suggestions.
Up for the challenge!
Wow! That is quite the goal. I wish you luck and will be waiting to see how it turns out for you!
Here’s one from me: Pet sitting. Tell everyone you know that you do pet-sitting, and put up notices at work about it.
Don’t think I’m up for it, but I sure am impressed!
What about selling bottled water or soda at an event? Or tshirts online?
I’d try fiverr or odesk or other online freelancing websites if there is anything he could do that way. I’d say mowing lawns but if you live in the desert there shouldn’t be much grass growing very fast…
he needs to find a gig which can earn $20 per hour for 250 hrs, that means he should work on average 2.5 hrs a day extra during the challenge. One place to find part-time job is Craigslist. Even local classifieds can lead to a part-time job
Oh WOW, this is an awesome challenge! When I first started working freelance, I’d have a goal to make $30/day through whatever means. Sometimes that meant writing articles for the web, other times I’d “save” that money by couponing at the grocery store or getting a rebate on a product I’d normally buy anyway.