How to Turn $10 Into $20: 12 Proven Ways That Really Work!

Strapped for cash and looking for ways to make a quick buck?

We’ve all been in that spot where an extra $10 or $20 could go a long way.

The problem is, you never feel like you have money to invest upfront.

But what if we told you there are proven side hustles that can double a small amount of cash?

How to Turn $10 Into $20
How to Turn $10 Into $20

In this guide, you’ll discover 12 realistic methods for turning $10 into $20.

With a little effort, you can grow your money and inch closer to financial freedom.

12 Ways to Turn $10 Into $20

1. Invest in Stocks

One of the most straightforward ways to grow your money is by investing in stocks.

Invest in Stocks
Invest in Stocks

With fractional share investing, you can get started in the stock market with as little as $10.

Choose an established, stable company you believe in for the long term.

AppMinimum DepositKey Features
Stash$5Fractional shares, auto-deposits
Robinhood$0Commission-free trades
Acorns$5Round-up investing

Over time, compound growth should allow your investment to steadily increase.

Apps like Stash, Robinhood, and Acorns make getting started with stocks incredibly simple.

Did you know?

🚀88% of wealthy people invest in the stock market compared to just 12% of low-income earners. (CNBC)
🚀The S&P 500 index has returned 10% annually on average since its inception. (Investopedia)

2. Use Cashback Apps and Sites

Cashback apps offer money back for online and in-store purchases you make every day.

Use Cashback Apps and Sites
Use Cashback Apps and Sites

Download apps like Rakuten, Ibotta, or Dosh and link them to your credit or debit card.

Shop online or in-store at partner retailers to earn cashback.

App/SiteCashback RateMinimum Cashout

You can easily earn $5-10 back on a $10 purchase. Reinvest your earnings to grow your cashback balance.

Did you know?

🚀Shoppers earned $941 million in cash back through Rakuten in 2019. (Rakuten)
🚀Ibotta users have earned over $1 billion in cashback rewards to date. (Ibotta)

3. Sell Unused Items

Take a look around your house for any unused items in good condition – clothes you don’t wear, old electronics, books you’ve read, etc.

Sell Unused Items
Sell Unused Items

Facebook Marketplace, OfferUp, Poshmark, and Craigslist make it easy to post items for local pickup or shipping.

PlatformFeesKey Features
Facebook MarketplaceFreeLocal pickup
OfferUpFreeLocal deals
Poshmark$2.95Buyers pay shipping
CraigslistFreeLocal classifieds

Price items at $10-20 to turn your unwanted goods into quick cash.

Did you know?

🚀The average US household has $7,000 worth of unused items. (NBC News)
🚀Facebook Marketplace gets 1 billion visitors per month. (Oberlo)

Got more money? Why not try…

4. Complete Surveys

In your spare time, you can earn cash by completing online surveys via sites like Survey Junkie, Swagbucks, InboxDollars, and more.

Complete Surveys
Complete Surveys

Most surveys pay $0.50-$5 each and take just 5-20 minutes.

Qualifying for higher-paying surveys increases your hourly rate.

SiteSurveys PayMinimum Payout
Survey Junkie$0.50-$5$5

Cashout rewards when you hit minimums and you can easily turn $10 into $20.

Did you know?

🚀Top survey takers make over $5,000 a year. (InboxDollars)
🚀Survey Junkie has over 6 million members and has paid out over $50 million. (Survey Junkie)

5. Sign Up for Bank Account Bonuses

Many banks offer bonuses for opening a new checking or savings account, often $100-$200.

Sign Up for Bank Account Bonuses
Sign Up for Bank Account Bonuses

To earn the bonus, you typically need to deposit a minimum amount and keep the account open for 6 months.

Chase$200$500 direct deposit for 90 days
TD Bank$100$500 direct deposit for 60 days

With a $100 bonus, a $10 opening deposit nets you $20 in the end after meeting the requirements.

Did you know?

🚀Americans leave about $1 billion in unused bank bonuses each year. (Forbes)
🚀Top account bonuses range from $100-$700 for new customers. (Bankrate)

6. Grow and Sell Plants

If you have a green thumb, consider planting fast-growing plants from seeds and selling them online via Craigslist, Facebook Marketplace, or local gardening groups.

Grow and Sell Plants
Grow and Sell Plants

Herbs, flowers, and vegetables can sell for $5-10 each.

PlantsProfit Potential
Herbs$5-$10 each
Flowers$5-$10 each
Vegetables$5-$10 each

For a $10 investment in seeds and soil, you can earn $20+ by selling just a couple of mature plants.

Did you know?

🚀The average vegetable gardener saves $550 per year growing food. (Money Crashers)
🚀Retail prices for potted herb plants range from $3-$15. (Amazon)

7. Enter Contests and Sweepstakes

Entering contests and sweepstakes likely won’t make you big money, but can be a fun way to potentially win anything from gift cards to cash prizes.

Enter Contests and Sweepstakes
Enter Contests and Sweepstakes

Stick to legit sweepstakes sites versus sketchy offers.

SitePrizesCost to Enter

Set aside time each day to browse and enter contests.

With some luck, you may just win a $20 prize or gift card.

Did you know?

🚀43% of sweepstakes entrants win prizes each year. (True Sweepstakes)
🚀$6 billion worth of prizes are given away globally each year. (AFP)

8. Become a Mystery Shopper

As a mystery shopper, you get paid to shop at various stores, restaurants, or other businesses and report on your experience.

Become a Mystery Shopper
Become a Mystery Shopper

Earning potential ranges from $5-$20 per shop.

Sign up on sites like Secret Shopper and BestMark and check for shops in your area that pay at least $10-20.

CompanyPay Per ShopTypes of Shops
Secret Shopper$8-$20Retail, restaurants
BestMark$5-$60Retail, bank, fast food

Use the pay to cover your purchase costs.

Did you know?

🚀Mystery shoppers perform over a million assignments per year. (JobMonkey)
🚀Top mystery shoppers make up to $45 an hour. (

9. Participate in Focus Groups

Focus groups pay people to give opinions on products/services, often $50-$150 for an hour.

Participate in Focus Groups
Participate in Focus Groups

Find ones related to your demographics and interests. For a 1-2 hour group, you can easily turn $10 earnings into $20+.

CompanyPayTime Commitment
Prolific$5-$2030 min – 2 hours
Respondent$100-$2501-2 hours

Check political polls too. Ones from Prolific and Respondent pay $5-$20.

Did you know?

🚀75% of focus group participants are repeat users. (Hubspot)
🚀Focus group participants earn an average of $75-$150 per study. (MoneyPantry)

10. Take Paid Online Surveys

An easy way to earn extra money is by taking online surveys in your downtime through survey sites.

Take Paid Online Surveys
Take Paid Online Surveys

Swagbucks, InboxDollars, Survey Junkie, Vindale Research and more pay $0.50-$5 per survey.

SiteSurveys PayMinimum Payout
Survey Junkie$1-$5$5

Take several $5-$10 surveys to quickly meet the $10 minimum cashout threshold required on most platforms.

Did you know?

🚀Top survey takers make over $5,000 a year. (InboxDollars)
🚀Survey Junkie has over 6 million members and has paid out over $50 million. (Survey Junkie)

11. Freelance Skills Online

Freelancing is a great way to turn skills like writing, graphic design, data entry, web development, etc. into cash.

Freelance Skills Online
Freelance Skills Online

List services for $10-$20 on sites like Fiverr and Upwork to get started.

SiteCommon GigsPay Rate
Fiverr$5 logos<br>$5 voiceovers$5-$500
UpworkData entry<br>Web development$10-$100/hr

Completing just one or two quick gigs can turn $10 into $20 in no time.

Did you know?

🚀Over 50 million Americans freelance, earning $1 trillion per year. (Upwork)
🚀Top freelancers can earn over $100,000 annually. (CNBC)

12. Flipping Items for Profit

Flipping – buying items cheap then reselling for higher prices – leverages small amounts of cash to turn profits.

Flipping Items for Profit
Flipping Items for Profit

Check thrift stores, garage sales, Craigslist, or Facebook Marketplace for underpriced items in demand.

ItemBuy PriceSell PriceProfit
Used bike$10$20$10
Thrift store chair$5$15$10

For example, buy a used bike for $10, clean it up, then list it for $20.

Did you know?

🚀36% of resellers use flipping as a side hustle to supplement income. (GoDaddy)
🚀Clothing and accessories have 78% profit margins when flipped. (Money Crashers)

Final Thoughts

With a bit of effort, creativity, and patience, it’s entirely possible to turn a small amount of money into a larger sum.

Implement several of these money-making side hustles and money-saving tactics to see your dollars grow.

FAQs: How to Turn $10 Into $20?

How Risky Is Trying to Double a Small Amount of Money?

Attempting to double a small amount of money generally carries low financial risk when using side hustles, cashback tools, selling unused items, and other basic methods. Risk increases when investing in stocks, cryptocurrency, or other volatile assets.

What Are Some Safe vs Risky Ways to Turn $10 Into $20?

Safe options to turn $10 into $20 include taking surveys, using cashback apps, bank bonuses, and selling items. Riskier ways are flipping items, investing in stocks or crypto, gambling, and get-rich-quick schemes with no proven strategy.

I'm Rahul, a money-making expert who helps others make money online through survey sites, side hustles, the gig economy, and more. On Moneyfreed, I share actionable tips and tricks to help you create a flexible and profitable online income stream.

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