Do you have $10 and want to turn it into $100?
Luckily, there are plenty of ways you can multiply your money and turn it into $100.
While it might not happen immediately, it won't take long to turn your 10 dollar bill into 100 dollars.
In this post, I'll explore how to turn 10 dollars into 100, some ways you can turn money into more money, and much more . Let's get started!
12 Easy Ways to Turn $10 into $100
1. Invest in Stocks with Acorns
One easy way to instantly grow your money is by investing in the stock market with Acorns.
You can get started with as little as $5 and you'll get an instant $10 bonus when you make your first deposit.
With Acorns you can invest in a variety of different index funds and ETFs so you don't have to deal with the hassle of analyzing individual stocks.
Now, you can't expect to 10x your money in a day, so you'll need to give your investments time to grow to turn your $10 into $100.
I've used Acorns for years and it's a great way to grow your money over time. While you might not make a ton of money in the short-term, it's a great way to turn your $10 into $100 over the long haul. Register below to claim your free $10 welcome bonus!
2. Invest in Real Estate with Arrived
Real estate is a terrific method to grow you money, and by using a platform like Arrived, you can start invest with just $100.
While this is more than the $10 you're starting with, if you can scrounge up $100 this is a great way to build long term wealth.
Arrived allows you to easily invest in rental properties without having to manage it yourself. That means less work for you!
3. Invest in Real Estate Debt with GroundFloor
Whenever investing your money, it's important to remember that investing takes time to grow your money. You won't get rich overnight.
Another option is to use a platform like Groundfloor to invest in short term real estate debt with as little as $10.
With Groundfloor, you can earn up to 10% returns on your money which means you can earn interest and turn $10 into $100 without much effort.
If you're looking for a more hands-off approach to real estate investing, this could be a great option for you.
4. Claim Free Money
There are many different apps that will give you money just for singing up and creating a new account.
This can be an easy way to turn $10 into $100 as you can simply sign up for multiple apps and collect the free money.
By signing up for several sites, you can easily get $50 instantly or more making it the quickest way for most people to turn $10 into $100.
5. Refer Friends to Apps
Another great way to earn money doing nothing is by using referral apps to start making money whenever a friend registers.
There are many different apps that offer sweet referral bonuses, but some of my favorites include:
The amount you can earn will vary from site to site, but you can easily make $100 or more by referring friends to sign up.
6. Start a Business
Starting a business is a great way to flip money and turn $10 into $100.
While it will take more time and effort than some of the other methods on this list, it can be a great way to make money in the long run.
There are many different businesses you can start with just $10. For example, you could start a dog walking business, a car detailing business, or even a painting business without needing much cash.
While it might take some time to get everything set up, starting a business can be a great way to make money and become your own boss.
When starting your business, it's important to think about how you will market your offerings and build your customer base. This can be one of the most challenging parts or running a business but if you can figure it out, you can make great money.
7. Start Flipping
If you have 10 dollars and you want to turn it into 100 dollars, flipping can be a fun and lucrative option to 10x your money.
Flipping is simply finding items for cheap and then selling them for a higher price. It's that simple.
There are many different things you can flip including clothes, furniture, electronics, and more.
To get started, you can check out sites like Facebook Marketplace and Craigslist for items you can buy and resell.
You can also find items to flip at garage sales and thrift stores.
One of the biggest secrets I've found is browsing the free section of Facebook Marketplace. You can often find things for free that you can easily sell for $25 or more.
For example, I found this coffee table completely free and can easily sell it for $50 or more.
Once you find an item, do some research to see what it's selling for online and then list it for a higher price.
By flipping items, you can easily make a profit and turn your $10 into $100 or more. It's not going to be easy, but it's possible!
8. Try Retail Arbitrage
Retail arbitrage is essentially the same thing as flipping, but instead of sourcing your products from places like a thrift store or garage sale, you'll browse through retailers to find highly discounted products.
This can be a lucrative business with a high profit margin if you can effectively find things to sell.
To get started, you can browse clearance sections online or in-store to find items that you can resell. Once you find an item, check to see what it's selling for online and list it for a higher price.
You can use apps like Amazon Seller to find products on Amazon so you can get an accurate idea of pricing for the products you find.
You can sell your inventory on Amazon, eBay, or other platforms.
When attempting online retail arbitrage, you'll want to keep in mind shipping costs and other fees so you can still make a profit on your items.
By trying retail arbitrage, you can easily make $100 or more in profit and turn your $10 into a decent income.
9. Sell Digital Products Online
Selling digital products online can be a great way to make extra money and turn 10 dollars into 100 dollars.
With this method, you'll create digital products like eBooks, printables, or other digital assets to sell online.
To get started, you can think of an idea and hire a freelancer to create the digital product for around $10 on sites like Fiverr or Upwork.
From there, you'll need to market your product for sale to start making money online from your efforts.
There are a variety of ways to promote your product for free including social media marketing, blogging, or creating an affiliate program for your product.
The best part of this method is that it generates passive income, so you can make money doing nothing.
Take a look at this budget planner I found on Etsy. They've sold over 1,300 at $24 – talk about a hefty profit!
If you want to turn a 10 dollar investment into $100, selling digital products can be a tremendous option you should consider.
10. Start a Blog
Blogging can be another great way to turn a ten dollar bill into a hundred dollars.
The cost to start a blog is very low, making it a great option if you have just 10 dollars.
While it will take some time to grow your blog and start making money from it, it can be a great way to generate an income online.
You'll want to craft a plan to get traffic to your blog, whether it's from SEO, social media, or other traffic sources.
Once you have the traffic, there are a number of ways to make money from blogging including affiliate marketing, selling digital products, and display ads.
Display advertising and affiliate marketing are some of the simplest ways to monetize your traffic but it will depend on your blog and goals.
The amount of money you can make from blogging can be extraordinary.
Some bloggers can make upwards of 7-figures a year from their sites making it an awesome way to earn a living online.
11. Start a YouTube Channel
Another form of content creation you can use to make money is starting a YouTube channel.
Just like blogging and podcasting, it's difficult to become an overnight success as a YouTuber. In most cases, it's going to take months to grow your audience and build a following.
However, once you do, you can make loads of money from your channel.
Some YouTube channels make millions each year through a combination of YouTube ads, affiliate marketing, and more.
This side hustle requires a unique skill so it might not be for everyone, but if you have the skills and knowledge, it's worth your time!
12. Flip Domain Names
Flipping domain names can be a very profitable business and you can start with just 10 dollars.
Because it will cost around $10 to purchase a domain name, this can be a simple concept to make extra cash and turn $10 into $100.
Basically, you'll need to purchase a domain name and then sell it for a higher price.
You'll need to do your research to find domains that might be worth more than they're selling for nut if you can get the hang of it you can make a great income with this online business.
13. Pet Sitting & Dog Walking
Looking to make money without having to invest anything?
Pet sitting and dog walking with Rover are great options to consider.
It's completely free to start and you can easily earn over $50 a day from your work, which isn't bad considering you don't have to do much with pet sitting.
Ready to start? Register with Rover below!
How to Turn $20 into $100
Want to turn $20 into $100? Some of the best methods include:
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Final Thoughts on How to Turn 10 Dollars into 100 Dollars
Turing $10 into $100 is easier than you might think.
Between flipping on eBay, starting a blog, or investing, there are many ways to do it.
The most important part is getting started and taking action.
While it might not be easy, if you put in the work, you can make it happen sooner than you think.
Want to learn more ways to make money? Check out these posts:
- How to Make $250 a Day
- Flipping on eBay (How to Start a Flipping Business)
- How to Make $1000 in 24 hours
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