Do you feel the need to look for some extra money? As there are many ways to do so, let’s learn how to flip money in legit and legal ways.
Flipping money refers to acquiring something for a low price and then trading it back for a much higher price.
Flipping money can be done in two ways: fast flipping or slow flipping. With fast flipping, you earn your profit by buying goods at a low cost and selling them quickly for a higher price (within 1-3 months). Slow flipping typically involves buying an item such as property or stock to hold onto it for ten years or more, hoping that its value will increase.
Top 25 Ways To Flip Money
Making money is an important life skill that can help you achieve your goals and dreams. Here are 25 ways to flip money:
1. Survey Junkie
Survey Junkie is an app and a website that pays users for their opinions on various topics. Surveys can range from one question to a few dozen and typically pay out between $0.50 and $5 per survey.
Signing up for Survey Junkie is free, and you can take surveys from anywhere.
One of the best deals on Survey Junkie is exchanging your points for cash or gift cards. You can redeem them for every 1,000 points you earn for $10 in cash or a $10 gift card, which can then be sold to make a profit.
Read our full Survey Junkie review here for more details.
You can track your net worth with Empower and see precisely how much money you have available to invest. It is easy to find investment opportunities to help you earn a profit.
In addition to helping you track your investments, Empower can also help you manage your finances. It is easier for you to control your spending and save more money for future investments.
Read our full Empower review for more information.
There are various ways to flip money and make a profit, and InboxDollars is one option that allows you to do just that.
InboxDollars is an online platform that will enable you to complete different tasks to earn money. These tasks include taking surveys, watching videos, and playing games. You can use this money for rewards, such as gift cards or cash. InboxDollar is an excellent option for making extra money online.
You may also read our full InboxDollars review to learn more about the platform.
Sign-up now and get a $5 bonus using this link.
Swagbucks is a website that allows users to complete different tasks to earn rewards that can then be exchanged for gift cards or cash. Some ways to earn rewards include taking surveys, watching videos, and shopping online.
Swagbucks also offers a variety of bonus opportunities, which allow users to earn extra points for completing particular tasks. Gift cards can then be sold to make a profit. Although not a get-rich-quick scheme, you can certainly earn a passive income with Swagbucks.
For more details about the platform, check out our full Swagbucks review.
Sign-up with Swagbucks and get your $5 bonus using this link.
5. M1 Finance
M1 Finance also provides fractional shares, so even if you don’t save hundreds of dollars per month, you can invest and choose from the different options.
In addition, you can start investing with M1 Finance for as low as $100 with no trading and brokerage fees. Read our full M1 Finance review for more details about the platform.
When it comes to flipping money, Groundfloor is your go-to source.
Groundfloor allows you to invest in real estate using crowdfunded loans. That means that you can buy a small part of a real estate property, Just sign up as an investor and fill up an application for the company.
Groundfloor reviews and analyzes all applications for projects to see if it fits the business. After that, they set up an online profile where you can invest in them.
Check out our full Groundfloor review here.
DiversyFund is a unique investment platform that offers a variety of opportunities to help you flip money and make a profit. Their innovative approach to investing makes it possible for anyone to join. Plus, their experienced team provides valuable guidance to help you make the most of your investment.
Whether you’re looking for short-term gains or long-term stability, DiversyFund has a perfect solution.
CrowdStreet is a company that offers multiple investment opportunities for those interested in making a quick buck. So whether you’re looking to make your money work for you or simply want an easy way to invest, CrowdStreet is the place to go.
They offer real estate investments, renting property, capital gains, cash flow notes, and crowdfunding opportunities.
Their real estate portfolio includes over 200 properties, so there is something for everyone, no matter what destination you are looking for.
Webull is a stock trading platform that allows users to trade stocks, options, ETFs, and digital currencies. It also offers margin trading and short selling.
Webull is an excellent platform for those who want to profit by flipping money. It provides its users with a variety of features that make it easy to trade stocks and other securities.
Webull also has a user-friendly interface that makes it easy to use. On top of that, they offer various educational resources to help you learn how to trade stocks and other securities.
To learn more about the platform, read our detailed Webull review.
10. Crypto Flipping
Crypto flipping is a simple process of buying low and selling high. If you’re new to cryptocurrency, it’s essential to research first before investing. Learn about the coins you’re interested in, and make sure you understand the market trends.
Don’t invest money you don’t have, and try not to invest more than you can afford to lose. Make sure to research before making a purchase; you can make more money flipping crypto coins.
11. Financial Skills
To get started with money flipping, you first need to enhance your financial skills. Most beginners face the problem of overestimating their financial skills and underestimating how much research they need to do before investing in something.
The general advice suggests that all beginner traders start with tiny amounts to learn their system and hone their money management skills before moving on to more difficult markets.
The Robinhood app is a great way to earn extra money. It allows you to flip money and profit without doing any work yourself. You can simply invest in stocks and watch your money grow.
Let’s say that you have $100 to invest. If you had invested that money with Robinhood last year, your investment would have grown to almost $214 in one year. That is a fantastic return on investment.
Stash is a mobile banking application that allows users to save money, invest, and make payments. A great thing about Stash is that it makes it easy for users to start investing even if they don’t have a lot of money.
Stash offers a variety of investment options, so users can find one that best suits their needs. Another advantage of using Stash is that users can start investing with as little as $5.
You can connect your bank accounts to the Truebill app and start saving money on bills in just a few minutes.
As soon as a new subscription shows up in your account, the app will let you know and help cancel unwanted subscriptions. It also provides personalized advice for everything from budgeting to investing options.
One way to flip money is to use a service like Trim, a company that helps people negotiate lower bills on their services, such as cable, internet, and phone.
They take a cut of the savings for themselves, but it’s still a great way to save money.
Check out our full Trim review here.
Unifimoney is a website that allows users to exchange money with each other. It is beneficial for exchanging different currencies or cash with friends or family. Unifimoney also enables users to make a profit by flipping cash.
Users can exchange money at a higher rate than they initially acquired it.
When it comes to flipping farmland, the most important thing is to make sure that you buy land worth the investment. You also need to be prepared to put in some work to get the property ready for sale. Finally, it’s essential to be patient and wait for the right buyer to come along.
What you shouldn’t do is purchase farmland just to own it. Of course, some people like to own land simply because they like having a little extra space around them, but this isn’t something that will help you turn a profit.
18. Online Businesses
One popular method to make a quick buck is flipping online businesses. You buy an already established company with a proven track record and flip it for a profit. One of the fastest ways of making money from home is flipping an online business, but it can also be risky.
You need to understand business basics and available options before deciding if flipping an online business is suitable for you.
19. Flipping Books
Flipping books for money is a great way to make some extra cash. By flipping books, we mean buying books for a low price and then reselling them for a higher price.
Books are one of the best things to flip for profit and can be a great way to make money if you find bargains online or at used bookstores.
When flipping books, keep in mind that it takes time and effort to find the right books to buy, wait for the right price, and then resell them. It’s also important to be aware of the shipping costs of selling books online.
However, if you are patient and willing to put in the work, flipping books can be a great way to make extra money.
Flipping real estate can be a lucrative and profitable venture, but it can also be quite risky. When flipping real estate, one typically buys a property to sell it quickly for a profit. Still, there are a few matters to consider, like the current market conditions, the cost of repairs, and the amount of time it will take to sell the property.
If you are thinking about flipping real estate, it is essential to do your research first. Talk to a fellow flipper to understand what works and what doesn’t. Also, make sure you are familiar with the current market conditions in your area.
21. House Flipping
House flipping is when an investor buys a house to resell it for a profit. The most crucial factor in this process is finding an undervalued property, which can be determined by analyzing the area’s comparable properties.
One way to flip houses is to find good deals and attend open houses to look for properties sold by motivated sellers. It’s also essential to understand the market conditions to estimate how much the property flips for.
22. Rental Property
Rental property investment can be an excellent way to make a profit. It’s essential to find a property in a good location that will attract renters. You’ll also need to have the money to cover repairs and other costs associated with owning a rental property.
One option for flipping rental property is to buy a property that needs fixing and repairs. After purchasing the property, you fix it yourself. It may take you longer before you cash out, but it can be more profitable if done correctly.
Of course, you’ll need to factor in the cost of repairs into your budget. You should also make sure that you have the time to complete the repairs yourself.
23. Printify Drop Shipping
Printify is a drop shipping company that allows you to print and sell your designs on products like t-shirts, phone cases, and more. You can create your shop on the Printify website, choose the products you want to sell, and start making money.
Printify also offers a wide variety of products, so you can find something that interests you and start selling it right away. Plus, Printify has a wide range of printing options, so you can create high-quality products that will appeal to your customers.
24. Motion Invest Website Flipping
Motion Invest is a website flipping company that can help you profit from your website. They can help you find a buyer for your website and then help you to negotiate the sale.
They will also help you transfer the website to the new owner and ensure that the transition is as smooth as possible.
25. Premium Ads
One popular way to flip money is through premium ads. These are ads placed in high-traffic areas on websites or in apps.
They typically command a high price, but they also generate a lot of clicks. So if you place premium ads on high-traffic websites or apps, you can quickly make a lot of money.
A specific ad provider that I use and love is Ezoic. Ezoic optimizes your ads with AI placements, which maximizes revenue. I’ve been using them for over 2 years now, writing an in-depth Ezoic review about my experience.
In Summary – How To Flip Money?
When you feel the need to earn more money, whether, for financial gain or just to ease off some debt, there are many ways to get financial relief. You flip cash to increase your money balance.
Whether you play the long game or the short game, flipping money has the potential to maximize your income and boost your finances.
We listed so many ways how to flip money. Now it’s up to you to examine which one suits your current finances. If you can afford to set aside your money for one or more of these ways, you should do so. However, know that you won’t turn 10K into 100K overnight.
Do it with hope and informed resolve that your long game provides dividends and gains according to your financial plans and goals.
If you are looking for quick ways to double your money, that’s also okay. So long as you know that you are doing this for your financial independence, flipping cash is the way to go. So make a choice and flip away!
Founder of Spark Nomad, Radical FIRE, Journalist
- Expertise: Personal finance and travel content
- Education: Bachelor of Economics at Radboud University, Master in Finance at Radboud University, Minor in Economics at Chapman University.
- Over 200 articles, essays, and short stories published across the web.
Experience: Marjolein Dilven is a journalist and founder of Spark Nomad, a travel platform, and Radical FIRE, a personal finance platform. Marjolein has a finance and economics background with a master’s in Finance. She has quit her job to travel the world, documenting her travels on Spark Nomad to help people plan their travels. Marjolein Dilven has written for publications like MSN, Associated Press, CNBC, Town News syndicate, and more.