{"id":20653,"date":"2024-02-09T17:03:44","date_gmt":"2024-02-09T17:03:44","guid":{"rendered":"https:\/\/www.webmonkey.com\/how-to-flip-100-into-1000-10-methods-that-work\/"},"modified":"2024-05-24T19:46:52","modified_gmt":"2024-05-24T19:46:52","slug":"turn-100-into-1000","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/turn-100-into-1000\/","title":{"rendered":"How To Flip $100 Into $1,000 &#8211; 10+ Methods That Work!"},"content":{"rendered":"<p>It's easy to think that you need a lot of money to make money. After all, having&nbsp;<em>some&nbsp;<\/em>starting capital&nbsp;<em>is&nbsp;<\/em>important to get your <a href=\"https:\/\/www.webmonkey.com\/side-hustle-list\/\">side hustle idea<\/a> off of the ground.<\/p>\n<p>But, you don't need a fortune to get started, and hard work and sweat equity truly go a long way in your early days.<\/p>\n<p><strong>So today, I'm covering how to turn $100 dollars into $1,000 dollars<\/strong>.<\/p>\n<p>I think this is a very cool sort of side hustle goal to set, and I've also done this before for some of my <a href=\"https:\/\/www.webmonkey.com\/college-side-hustles\/\">college side hustles<\/a>, so I know it's possible.<\/p>\n<h2><strong>How To Flip $100<\/strong><\/h2>\n<p>Some methods of flipping $100 into $1,000 involve <a href=\"https:\/\/www.webmonkey.com\/make-money-online\/\">making money online<\/a> with different online businesses or side hustles. In contrast, a few of the ideas in this post involve investing or in-person side hustles.<\/p>\n<p>Think about the type of work you're interested in and what your natural skills are. Once you outline that, you're ready to pick one or more methods to flip $100.<\/p>\n<h3><strong>1. Start A Blog<\/strong><\/h3>\n<p>I think one of the <a href=\"https:\/\/www.webmonkey.com\/best-things-to-flip\/\">best ways to flip<\/a> $100 into $1,000 or even more is to <a href=\"https:\/\/www.webmonkey.com\/blogging-beginner-guide\/\">start your own blog<\/a>. This is because starting a blog really isn't that expensive, but the income potential is enormous.<\/p>\n<p><strong>For example, I started WebMonkey back in college for around $100.&nbsp;My three expenses were the domain name, domain hosting with&nbsp;<a href=\"https:\/\/www.webmonkey.com\/go\/SG\" target=\"_blank\" rel=\"nofollow noopener\">SiteGround<\/a>, and a cheap blogging theme<\/strong>.<\/p>\n<p>It took a lot of writing and figuring out how to run a blog, but within a few months, my blog was paying for my groceries.<\/p>\n<p>Fast forward a few years, and <strong>WebMonkey now <a href=\"https:\/\/www.webmonkey.com\/how-to-make-20k-a-month\/\">makes $20,000 per month<\/a><\/strong> between <a href=\"https:\/\/www.webmonkey.com\/mediavine-review\/\">Mediavine ads<\/a> and affiliate income. In fact, it's now clearing <a href=\"https:\/\/www.webmonkey.com\/make-400-a-day\/\">$400 a day<\/a> thanks to advertisement revenue and affiliate revenue.<\/p>\n<div class=\"entry-content-asset videofit\"><iframe loading=\"lazy\" title=\"How I Made $272,712 Blogging In 2022 (Exact Steps!)\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/Jl-dZ3OEvp8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<p>I actually made a video that explains how I make money blogging and some tips for getting started if you're curious. But overall, my <a href=\"https:\/\/www.webmonkey.com\/blog-income-report-2021\/\">blog made $92,000 in 2021<\/a> as well, and then <a href=\"https:\/\/www.webmonkey.com\/blog-income-report-2022\/\">$272,000 in 2022<\/a>. This just goes to show how a small investment can turn into something much larger.<\/p>\n<p>And again, starting my blog took around $100. It's been the best return on investment in my life, and it's not even close.<\/p>\n<h3><strong>2. Sell Stuff On Etsy<\/strong><\/h3>\n<p><strong>Starting an Etsy shop is actually free, and Etsy just charges a $0.20 listing fee per product you sell as well as some transaction and payment processing fees<\/strong>.<\/p>\n<p>But if you're selling crafts, rethrifted apparel, or something you have to manufacture, you need some starting cash to buy supplies.<\/p>\n<p>This is where your $100 can fund the beginnings of your new Etsy store, which definitely has the potential to make a lot more than $1,000!<\/p>\n<p>If you aren't creative, you still have options. For example, you could use the $100 to pay artists to make digital designs for you and then try <a href=\"https:\/\/www.webmonkey.com\/etsy-dropshipping\/\">Etsy POD selling<\/a> instead.<\/p>\n<p>I experimented with this during college, and it's honestly a very fun and easy side hustle to start because you don't have to manufacture products yourself.<\/p>\n<figure id=\"attachment_1225\" aria-describedby=\"caption-attachment-1225\" style=\"width: 501px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" class=\"wp-image-1225 \" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Etsy-items-in-shop.png\" alt=\"Etsy-items-in-shop\" width=\"501\" height=\"360\"><figcaption id=\"caption-attachment-1225\" class=\"wp-caption-text\">These were the meme mugs I sold!<\/figcaption><\/figure>\n<p>My Etsy Printify shop didn't work out too well. But the point is that I was able to start my own online store without having to spend a fortune, so testing out the idea was super low risk.<\/p>\n<p>There are lots of POD companies out there, but the one I used and really enjoy working with is <a href=\"https:\/\/www.webmonkey.com\/go\/printify\" target=\"_blank\" rel=\"noopener\"><strong>Printify<\/strong><\/a>.<\/p>\n<p>Printify has dozens of products you can upload your designs to, and it even integrates with your Etsy shop to make selling much easier.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/how-to-sell-stickers-on-etsy\/\">How To Sell Stickers On Etsy<\/a><\/strong>.<\/p>\n<h3><strong>3. Play Games For Money<\/strong><\/h3>\n<p>If you're a fan of mobile gaming, another method way to flip $100 you can try is to use <a href=\"https:\/\/www.webmonkey.com\/legit-cash-games\/\">cash gaming apps<\/a>.<\/p>\n<p>These days, there are plenty of ways to <a href=\"https:\/\/www.webmonkey.com\/apps-that-pay-you-to-play-games\/\">earn money by playing games<\/a>. And with some of the competitive apps out there, you can actually compete against other players to win <a href=\"https:\/\/www.webmonkey.com\/apps-that-pay-you-real-money-instantly\/\">real money<\/a>.<\/p>\n<p><strong>I've been using these types of apps since college. Some of my favorite ones you can use to flip $100 include<\/strong>:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/pool-payday-review\/\">Pool Payday<\/a><\/strong>: One of my favorite <a href=\"https:\/\/www.webmonkey.com\/ios-games-for-money\/\">iOS games for money<\/a> that lets you compete in games of pool on your phone.<\/li>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/go\/kashkick\" target=\"_blank\" rel=\"nofollow noopener\">Solitaire Cube<\/a><\/strong>: A leading Solitaire app that lets you compete for cash prizes.<\/li>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/cash-giraffe-review\/\">Cash Giraffe<\/a><\/strong>: My favorite <a href=\"https:\/\/www.webmonkey.com\/android-games-that-pay-real-money\/\">Android money game<\/a> that lets you <a href=\"https:\/\/www.webmonkey.com\/get-20-paypal-now\/\">get free PayPal cash<\/a> and gift cards for trying new games.<\/li>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/go\/bingo-cash?source_id=tow-flip-100\" target=\"_blank\" rel=\"nofollow noopener\">Bingo Cash<\/a><\/strong>: Another iOS money game that lets you play Bingo for money.<\/li>\n<\/ul>\n<div class=\"entry-content-asset videofit\"><iframe loading=\"lazy\" title=\"5 Legit PayPal Games For Money ($100+ Apps!)\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/cz2zkb1pdZk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<p>I also made a video that shares some of the <a href=\"https:\/\/www.webmonkey.com\/highest-paying-apps\/\">highest paying apps<\/a> in the gaming space that I use or have used in the past.<\/p>\n<p>Just note that the competitive apps in this space require paying small entry fees to play in tournaments. So, while this is a way to potentially flip $100, it can also lose money.<\/p>\n<p>Also note that some games have resitrictions. For example, Bingo Cash paid games aren't available in AZ, IN, IA, LA, ME, SC, MT, WA<em>.<\/em><\/p>\n<h3><strong>4. Invest In Real Estate<\/strong><\/h3>\n<p>If you like <a href=\"https:\/\/www.webmonkey.com\/passive-income-streams\/\">passive income<\/a>, this method of how to turn $100 into $1,000 is right up your alley.<\/p>\n<p>Now, a lot of real estate investment platforms have minimum investment requirements of $1,000 or more. But there are beginner-friendly platforms that actually let you invest in real estate with just $10.<\/p>\n<p>For example, you can <a href=\"https:\/\/www.webmonkey.com\/go\/Fundrise\" target=\"_blank\" rel=\"nofollow noopener\"><strong>invest in equity-based real estate with Fundrise <\/strong><\/a>and earn from quarterly dividends and properties appreciating.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-10910 size-full\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/invest-with-fundrise.jpg\" alt=\"invest-with-fundrise\" width=\"650\" height=\"325\"><\/p>\n<p>Fundrise has a $10 minimum, so it's beginner-friendly. I also like Fundrise since it often has a <a href=\"https:\/\/www.webmonkey.com\/10-sign-up-bonus\/\">$10 sign up bonus<\/a> for new members, so you can hit the ground running. And it only charges 1% in annual management feels while it's returned about 8-9% annually on average.<\/p>\n<p>You can also consider investing with platforms like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/Arrived\" target=\"_blank\" rel=\"nofollow noopener\">Arrived<\/a><\/strong>, which specializes in individual rental properties and has a $100 minimum investment amount.<\/p>\n<p>It's going to take a long time to grow $100 into $1,000, but you can use it as a starting point and build up the good habit of gradually investing.<\/p>\n<p><em>Disclaimer: This is an endorsement in partnership with Fundrise. We earn a commission from partner links. All opinions are my own.<\/em><\/p>\n<h3><strong>5. Start A YouTube Channel<\/strong><\/h3>\n<p><strong><a href=\"https:\/\/www.youtube.com\/channel\/UCfWlwgHS9mnVbIi4jNgIGtA\" target=\"_blank\" rel=\"noopener\">I started a YouTube channel<\/a> in 2020, and after a year and a bit, the channel crossed over 10,000 subscribers. To date, the channel has made over $8,600, and it rakes in $15 to <a href=\"https:\/\/www.webmonkey.com\/make-50-per-day\/\">$50 every day<\/a> in semi-passive income<\/strong>.<\/p>\n<p>I also think that YouTube is a great way to flip $100 because the income potential is immense. After all, a single viral video can change your life and career forever.<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-11808 size-full\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Lifetime-YouTube-revenue.jpg\" alt=\"Lifetime-YouTube-revenue\" width=\"700\" height=\"306\"><\/strong>Now, I started my channel with around $800 because I bought a Sony A600, tripod, and a decent microphone. But you can definitely start a YouTube channel for free or on-budget if you have a smartphone with a decent camera.<\/p>\n<p>Really, all you need besides your phone is a <a href=\"https:\/\/amzn.to\/39JiJdi\" target=\"_blank\" rel=\"nofollow noopener\">gorilla pod<\/a> and a <a href=\"https:\/\/amzn.to\/3kHASyJ\" target=\"_blank\" rel=\"nofollow noopener\">cheap phone microphone<\/a>. All of this can cost about $100, so it doesn't take a fortune to get this business up and running.<\/p>\n<p>You can also buy a <a href=\"https:\/\/amzn.to\/2ZoMxKq\" target=\"_blank\" rel=\"nofollow noopener\">cheap YouTube light<\/a> or take videos with natural light (this looks the best anyway.)<\/p>\n<p>Like blogging, there is&nbsp;<em>so&nbsp;<\/em>much potential to <a href=\"https:\/\/www.webmonkey.com\/make-money-on-youtube\/\">make money on YouTube<\/a> and build a brand, so I think it's another great way to flip $100 into $1,000.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/blogging-vs-youtube\/\">Blogging vs YouTube &#8211; My Experience With Both Side Hustles<\/a><\/strong>.<\/p>\n<h3><strong>6. Flip Stuff Online<\/strong><\/h3>\n<p>A classic way to <a href=\"https:\/\/www.webmonkey.com\/flip-500-dollars\/\">flip money<\/a> is to buy popular products at a discount and then resell them online to make a profit. And, the good news is $100 is enough to buy a few items you can resell online, gradually working your way up to that $1,000 goal.<\/p>\n<p><strong>As for different marketplaces you can sell on, some popular options include<\/strong>:<\/p>\n<ul>\n<li><strong>Poshmark<\/strong> &#8211; One of the best marketplaces for selling watches, clothing, shoes, and accessories.<\/li>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/go\/worthy\" target=\"_blank\" rel=\"nofollow noopener\">Worthy<\/a><\/strong> &#8211; My favorite place to sell watches, jewelry, and diamonds online.<\/li>\n<li><strong>Mercari<\/strong> &#8211; A fast and simple selling app that's popular for apparel, electronic, and home goods.<\/li>\n<li><strong>Sideline Swap<\/strong> &#8211; Great for selling used and new sports equipment or apparel.<\/li>\n<li><strong>OfferUp<\/strong> &#8211; A popular selling app like Facebook Marketplace for electronics, clothing, home goods, and more.<\/li>\n<li><strong>Facebook Marketplace<\/strong> &#8211; One of the best ways to sell stuff like used furniture, apparel, electronics, and toys for <a href=\"https:\/\/www.webmonkey.com\/how-to-make-quick-money-in-one-day\/\">quick money<\/a>.<\/li>\n<\/ul>\n<div class=\"entry-content-asset videofit\"><iframe loading=\"lazy\" title=\"5 BEST Apps To Sell Your Stuff (2023) - Make Money Fast By Selling Stuff Online!\" width=\"720\" height=\"405\" src=\"https:\/\/www.youtube.com\/embed\/_cz2cG027Lk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<p>I also made a video on some of the best selling apps and local selling sites you can use in your quest to flip $100.<\/p>\n<p>Selling on these sorts of marketplaces, or even listing on a few platforms like eBay and Mercari, can help you sell your inventory pretty quickly.<\/p>\n<p>As for sourcing products to resell, you have a lot of popular retail arbitrage options. Many sellers shop the discount sections of stores like Target, Walmart, and Kohl's.<\/p>\n<p>You can also buy stuff from flea markets, garage sales, thrift stores, <a href=\"https:\/\/www.webmonkey.com\/what-can-i-pawn-for-500\/\">pawn shops<\/a>, and anywhere you spot a product you think has value but is on discount. Just be sure to reinvest your profit into more inventory so you can grow your sales volume and work towards the $1,000 target.<\/p>\n<h3><strong>7. Invest In Dividend Stocks<\/strong><\/h3>\n<p>Investing is really a foundational element of growing your wealth since it lets your money work for you and appreciate over time.<\/p>\n<p>And, while it will take a very long time for your $100 to turn into $1,000, the idea is to build good habits and to keep on investing after that initial $100.<\/p>\n<p>Plus, chances are, you can probably open an investing account for free with your bank and begin exploring different investment options, like stocks, mutual funds, or ETFs.<\/p>\n<p>There are also commission-free online brokers like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/M1Finance\" target=\"_blank\" rel=\"nofollow noopener\">M1<\/a><\/strong> where you can begin investing with a $100 minimum deposit, which is perfect for your amount of starting cash.<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-6503 \" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/M1-Finance.png\" alt=\"M1-Finance\" width=\"699\" height=\"291\"><\/strong><\/p>\n<p>Dividend stocks are a popular option for investing $100 or small sums since you can reinvest earning to continue growing. But ETFs, mutual funds, and growth stocks are also worth considering.<\/p>\n<p>If you prefer investing your money more slowly on auto-pilot, you can also try micro investing apps like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/Acorns\" target=\"_blank\" rel=\"nofollow noopener\">Acorns<\/a><\/strong>.<\/p>\n<p>With Acorns, you round-up your spare change after making a purchase and have Acorns invest that amount for you in a portfolio that suits your goals and risk tolerance.<\/p>\n<p>The point is, you have a&nbsp;<em>lot&nbsp;<\/em>of options at your disposal, and starting with $100 is the perfect way to build a good habit.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/invest-make-money-daily\/\">How To Invest And Make Money Daily<\/a><\/strong>.<\/p>\n<h3><strong>8. Invest In A New Skill<\/strong><\/h3>\n<p>While this isn't the most obvious way to flip 100 dollars, spending that money on learning a new skill might be one of the best ways to invest the money.<\/p>\n<p>Thanks to the internet, there are&nbsp;<em>so <\/em>many ways to learn new skills for free or without having to spend a fortune on a traditional education.<\/p>\n<p>For example, with $100, you can find thousands of highly rated courses on education platforms like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/skillshare\" target=\"_blank\" rel=\"nofollow noopener\">Skillshare<\/a><\/strong>.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-20106 size-full\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Skillshare.jpg\" alt=\"Skillshare\" width=\"600\" height=\"300\"><\/p>\n<p><strong>Popular course categories on Skillshare include<\/strong>:<\/p>\n<ul>\n<li>AWS certification<\/li>\n<li>Data science<\/li>\n<li><a href=\"https:\/\/www.webmonkey.com\/digital-marketing-side-hustle\/\">Digital marketing<\/a><\/li>\n<li>Drawing<\/li>\n<li>Excel<\/li>\n<li>Graphic design<\/li>\n<li>Music<\/li>\n<li>Personal development<\/li>\n<li>Programming<\/li>\n<li>SEO<\/li>\n<li>Videography<\/li>\n<\/ul>\n<p>Lots of courses are under $100 as well when on sale, so you can use your $100 to learn a few skills that can help you with future jobs or side hustle ideas!<\/p>\n<h3><strong>9. Start A Service-Based Business<\/strong><\/h3>\n<p>If you have a certain skill that you can offer as a service-based business, this is another great opportunity to flip $100 to $1,000 or more.<\/p>\n<p>Most service-based businesses need some sort of equipment to get started. And, while this equipment is often expensive, there are certain service-based businesses where the startup costs aren't too high.<\/p>\n<p>For example, if you spend your $100 on a simple toolkit, you can then offer handyman services on sites like <a href=\"https:\/\/www.webmonkey.com\/thumbtack-vs-taskrabbit\/\">TaskRabbit or Thumbtack<\/a>.<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-9222 size-full\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Become-A-Tasker.jpg\" alt=\"Become-A-Tasker\" width=\"700\" height=\"306\"><\/strong><\/p>\n<p><strong>Some popular examples of service-based businesses you can start include<\/strong>:<\/p>\n<ul>\n<li>Cleaning businesses<\/li>\n<li>Lawncare and landscaping<\/li>\n<li>A pet sitting or dog walking business (you can use <a href=\"https:\/\/www.webmonkey.com\/is-rover-worth-it\/\">Rover<\/a> for this)<\/li>\n<li>Window washing<\/li>\n<li>Pressure washing<\/li>\n<li>Pet grooming<\/li>\n<\/ul>\n<p>You could also try becoming a <a href=\"https:\/\/www.webmonkey.com\/handy-pro-review\/\">Handy Pro<\/a> and helping homeowners in your city with their handyman needs.<\/p>\n<p><b>And again, don't be afraid to get creative!<\/b><\/p>\n<p>For example, you could buy a cheap lawn aeration tool for around $100 and then go door-to-door in the summer and offer to do people's lawns for some quick cash.<\/p>\n<p>That's what one of my good friends did to make money during summer when we were off from school. And when we were kids, a simple snow shovel and going door-to-door after a snow storm was how we made some <a href=\"https:\/\/www.webmonkey.com\/quick-cash-gigs-near-me\/\">quick cash<\/a>.<\/p>\n<p>The point is to buy some piece of equipment that lets you provide a service. As you make more money, you can also reinvest into better equipment that helps you expand your business.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/apps-like-taskrabbit\/\">The Best Websites Like TaskRabbit For Finding Gig Work<\/a><\/strong>.<\/p>\n<h3><strong>10. Flip Digital Assets<\/strong><\/h3>\n<p>Like flipping stuff online, buying and selling digital assets is another way to flip $100 into $1,000 or more.<\/p>\n<p>There are a few ways to start exploring this money-making idea. One common method is <a href=\"https:\/\/www.webmonkey.com\/start-domain-flipping-business\/\">domain flipping<\/a>, which involves buying domain names you think will appreciate in value and then reselling them at a later date.<\/p>\n<p><strong>Domain flipping has been around since the internet began essentially, and in the past, people sold single-letter and single word domain names for millions of dollars!<\/strong><\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-1001 \" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/highest-domain-name-sales.png\" alt=\"highest-domain-name-sales\" width=\"588\" height=\"479\"><\/strong>This isn't really possible nowadays since these domain names are taken, but with $100, you can still scoop up some domain names on trending topics you might be able to flip.<\/p>\n<p>Right now, people are also making money with NFTs, so there's again potential to buy a digital asset you think will appreciate and then resell it later.<\/p>\n<p>This is probably one of the riskier ways to get $1,000 from $100, but hey, I think it's a pretty cool and niche idea to explore!<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/flip-1000-dollars\/\">How To Flip $1,000<\/a><\/strong>.<\/p>\n<h3><strong>11. Get Into Freelancing<\/strong><\/h3>\n<p>You technically don't need any money to sell your skills online if you just create a free profile and find <a href=\"https:\/\/www.webmonkey.com\/easy-upwork-jobs\/\">jobs on Upwork<\/a>, Fiverr, or various <a href=\"https:\/\/www.webmonkey.com\/remote-jobs-websites\/\">remote job boards<\/a>.<\/p>\n<p><strong>But, in my experience, spending a bit of money to create a portfolio website is absolutely worth it<\/strong>.<\/p>\n<p>With your portfolio website, you can showcase your previous projects and testimonials. When you pitch new clients, this helps convince them to hire you and makes you look more legitimate.<\/p>\n<p>I make most of my income from <a href=\"https:\/\/www.webmonkey.com\/freelance-writing-guide\/\">freelance writing<\/a>, and I made a simple WordPress portfolio website where I showcase some of my skills and previous work.<\/p>\n<p>Trust me, having a portfolio makes a <em>massive&nbsp;<\/em>difference when you contact job leads on social media or through email.<\/p>\n<p>And again, you can start a basic portfolio website on WordPress with some affordable hosting company for around $100. But, if your portfolio website helps you land even one client, this likely pays for itself and then some!<\/p>\n<h3><strong>12. Loan Out Your $100<\/strong><\/h3>\n<p>This isn't the most common way to turn $100 into $1,000 dollars, but it's fairly passive and definitely a <a href=\"https:\/\/www.webmonkey.com\/weird-money-makers\/\">creative way to make money<\/a>.<\/p>\n<p>If you loan out your $100 to friends or people on the internet, you can charge a certain amount of interest on that loan and, hopefully, get your money back plus more.<\/p>\n<p>Now, this is a risky strategy, and personally, it's not something I would do with my starting $100.<\/p>\n<p>But the world of peer-to-peer lending is pretty interesting in my opinion. I mean, people are even lending money to other people on websites like Reddit!<\/p>\n<p><strong><img decoding=\"async\" class=\"aligncenter wp-image-11792 size-full\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/reddit-borrow.jpg\" alt=\"reddit-borrow\" width=\"650\" height=\"324\"><\/strong>Now with $100, you could probably get $110-$120 back on your loan when the repayment is due.<\/p>\n<p>So, it would take a series of loans to get to $1,000, but you could also make this process faster by providing funding with a few friends for a larger loan.<\/p>\n<p>Again, this is risky and not my first pick, but hey, it's another <a href=\"https:\/\/www.webmonkey.com\/passive-side-hustles\/\">passive income side hustle<\/a> to test out.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/make-money-on-reddit\/\">How To Make Money On Reddit<\/a><\/strong>.<\/p>\n<h3><strong>13. Build Up Your Savings<\/strong><\/h3>\n<p>If you're still wondering how to turn $100 dollars into $1,000, one creative option you can explore is to build up your savings.<\/p>\n<p>For starters, working on an emergency fund is a good idea since it can actually save a&nbsp;<em>lot&nbsp;<\/em>of money in the long run. This is because having a bit of extra cash on the side helps you pay for emergencies instead of relying on a credit card or <a href=\"https:\/\/www.webmonkey.com\/50-loan-instant-app\/\">loan apps<\/a>.<\/p>\n<p>Plus, you can also make your savings work for you if you park your money in certain accounts or investments.<\/p>\n<p><strong>For example, some popular fixed-income ideas that you can start with $100 include<\/strong>:<\/p>\n<ul>\n<li>Opening a high-yield savings account with an account like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/current\" target=\"_blank\" rel=\"nofollow noopener\">Current<\/a><\/strong><\/li>\n<li>Investing in bonds (you can use <strong><a href=\"https:\/\/www.webmonkey.com\/go\/worthy-bonds\" target=\"_blank\" rel=\"noopener\">Worthy Bonds<\/a><\/strong> and earn 7% APY)<\/li>\n<li>Investing in CDs<\/li>\n<li>401(k) investing (especially if your company matches it)<\/li>\n<\/ul>\n<p><img decoding=\"async\" class=\"size-full wp-image-27074 aligncenter\" src=\"https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/Current-Bank.jpg\" alt=\"Current Bank\" width=\"600\" height=\"300\"><\/p>\n<p>These are just a few examples, and I always suggest speaking with a financial professional if you have questions so you can come up with a plan that works for you.<\/p>\n<p>But the point is, you&nbsp;<em>can&nbsp;<\/em>put your money to work, even if you're just starting with $100. And over time, it's possible to flip $100 if you use these sorts of fixed-income investments.<\/p>\n<p>Personally, I think Current is cool because it lets you earn 4% APY and also has a nice <a href=\"https:\/\/www.webmonkey.com\/50-sign-up-bonus\/\">$50 sign up bonus<\/a>. You can <a href=\"https:\/\/www.webmonkey.com\/go\/current\" target=\"_blank\" rel=\"nofollow noopener\">learn more about Current<\/a> if you're interested, and it helps support WebMonkey.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/i-need-500-dollars-by-tomorrow\/\">How To Get $500 By Tomorrow<\/a><\/strong>.<\/p>\n<h2><strong>Tips For Flipping $100<\/strong><\/h2>\n<p>Now that you know some of the best ways to turn 100 dollars into 1,000 dollars, here are a few tips you can remember to make the process much smoother.<\/p>\n<ol>\n<li><strong>Set A Timeframe<\/strong>: How fast do you want to flip $100 into $1,000? Different methods take various amounts of time. For example, flipping stuff like clothing or sports cards can be much faster than investing in stocks.<\/li>\n<li><strong>Have Realisitc Expectations<\/strong>: Some ideas to flip money take time. This is especially for <a href=\"https:\/\/www.webmonkey.com\/make-money-on-autopilot\/\">autopilot money ideas<\/a> like investing in dividend paying stocks, so have patience!<\/li>\n<li><strong>Try Several Ideas<\/strong>: If you want to flip 100 dollars, you can always try a few ideas with different groups of $100 to find out what works. This might mean using Fundrise for one chunk of money, and investing in crypto with another chunk.<\/li>\n<\/ol>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/make-3000-fast\/\">How To Make $3,000 Dollars Fast<\/a><\/strong>.<\/p>\n<h2><strong>Frequently Asked Questions<\/strong><\/h2>\n<h3><strong>Can You Turn 100 Dollars Into 1,000 Dollars In A Day?<\/strong><\/h3>\n<p><strong>There are lots of ways to turn 100 dollars into 1,000 dollars, but doing it in a single day is quite difficult. In my opinion the best way to turn $100 into $1,000 in a day is to start a freelance portfolio and then pitch as many clients as possible to land a job<\/strong>.<\/p>\n<p>If you get a few jobs within a day of pitching, this could easily be $1,000 or more in income coming your way.<\/p>\n<p>Yes, this isn't technically <a href=\"https:\/\/www.webmonkey.com\/make-1000-dollars-24-hours\/\">making $1,000 in 24 hours<\/a>, but it's the most realistic method in my experience.<\/p>\n<p>You can also read our post on the <a href=\"https:\/\/www.webmonkey.com\/how-to-make-1000-a-day\/\">best ways to make 1,000 dollars a day<\/a> for more ideas.<\/p>\n<h3><strong>What's The Best Passive Option<\/strong><\/h3>\n<p>In my opinion, if you want to grow your money passively, your best options involve investing. This could be in real estate with a company like <strong><a href=\"https:\/\/www.webmonkey.com\/go\/Fundrise\" target=\"_blank\" rel=\"nofollow noopener\">Fundrise<\/a>&nbsp;<\/strong>or through stocks and ETFs with M1.<\/p>\n<p>You won't get $1,000 from $100 very quickly with this method, but it's passive and you can always continue to invest past your initial deposit.<\/p>\n<p><strong>Extra Reading &#8211; <a href=\"https:\/\/www.webmonkey.com\/double-money-24-hours\/\">10 Ways To Double Money In 24 Hours<\/a><\/strong>.<\/p>\n<h2><strong>Final Thoughts<\/strong><\/h2>\n<p>I hope our guide on how to turn $100 into $1,000 helps you get started on your mission to grow your wealth!<\/p>\n<p>I know it's easy to think you need a lot of starting capital to make money, but for many business ideas, this isn't actually the case.<\/p>\n<p>So, don't be afraid to pick one or several ideas to create your own <a href=\"https:\/\/www.webmonkey.com\/side-hustle-stack\/\">side hustle stack<\/a> and see where it takes you!<\/p>\n<p>Things like blogging and YouTube have been my favorites since the income potential is higher than $1,000, but any of the ideas on this list are viable.<\/p>\n<p><strong>Looking for more ways to make money? Checkout<\/strong>:<\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/make-40-a-day\/\">How To Make $40 Per Day<\/a><\/strong>.<\/li>\n<li><strong><a href=\"https:\/\/www.webmonkey.com\/passive-income-making-websites\/\">20+ Best Passive Income Apps To Earn Extra Cash<\/a><\/strong>.<\/li>\n<li><a href=\"https:\/\/www.webmonkey.com\/invest-100-make-1000-a-day\/\"><strong>How To Invest $100 To Make $1,000 A Day<\/strong><\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s easy to think that you need a lot of money to make money. After all, having&nbsp;some&nbsp;starting capital&nbsp;is&nbsp;important to get your side hustle idea off of the ground. But, you don&#8217;t need a fortune to get started, and hard work and sweat equity truly go a long way in your early days. So today, I&#8217;m&#8230;<\/p>\n","protected":false},"author":100,"featured_media":20656,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kadence_starter_templates_imported_post":false,"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[141],"tags":[],"class_list":["post-20653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-side-hustles-that-pay"],"acf":[],"taxonomy_info":{"category":[{"value":141,"label":"Side Hustles That Pay"}]},"featured_image_src_large":["https:\/\/www.webmonkey.com\/wp-content\/uploads\/2024\/02\/turn-100-into-1000.jpg",600,400,false],"author_info":{"display_name":"Tom Blake","author_link":"https:\/\/www.webmonkey.com\/author\/thisonlineworld\/"},"comment_info":0,"category_info":[{"term_id":141,"name":"Side Hustles That Pay","slug":"side-hustles-that-pay","term_group":0,"term_taxonomy_id":141,"taxonomy":"category","description":"","parent":0,"count":265,"filter":"raw","cat_ID":141,"category_count":265,"category_description":"","cat_name":"Side Hustles That Pay","category_nicename":"side-hustles-that-pay","category_parent":0}],"tag_info":false,"_links":{"self":[{"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/posts\/20653"}],"collection":[{"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/users\/100"}],"replies":[{"embeddable":true,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/comments?post=20653"}],"version-history":[{"count":0,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/posts\/20653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/media\/20656"}],"wp:attachment":[{"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/media?parent=20653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/categories?post=20653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.webmonkey.com\/wp-json\/wp\/v2\/tags?post=20653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}