Looking for an easy way to earn several thousand dollars in one month -- or even better yet, multiple months each year -- without having to do any actual work? You're not alone! Lots of people are looking for ways to make extra cash quickly, easily and profitably (and legally). There's no "quick-rich" fairy who'll wave her magic wand at you with just two wishes... but there are some very smart tricks you can use if you know where to look. Here they are...
This may sound like it should be impossible, but it isn't. In fact, many people find themselves making six figures every single year from part time jobs that require little more than being available when someone needs something done. The trick here is to identify those things someone else would need done and then offer them as services. It doesn't have to be complicated. Just identifying what other people want and offering to provide it cheaply could mean a real windfall for anyone willing to put forth a bit of effort. Think about all kinds of businesses -- including home based ones -- and see which ones might benefit others and therefore also benefit yourself.
The best kind of business to start involves selling products or services online. With so much consumer information on the Internet today, it's easier than ever before to sell stuff directly to consumers rather than trying to convince retailers to carry your product line. If you aren't already up and running with an eCommerce site, think about building one now. That's probably the fastest path toward becoming wealthy.
If you're still stuck thinking about doing physical labor instead, don't worry. Many companies hire service providers to come into their offices and perform various tasks for them. For example, you could fill out surveys, clean office spaces, set appointments or whatever specific task someone has for you. While these gigs won't bring you huge sums of money immediately, over time they can add up. And because you usually only get paid once you've completed the assigned task(s), you get paid regularly, often daily.
In terms of sheer wealth generation, nothing beats investing wisely. But if we're talking short term income generation, starting a lucrative career in finance must rank high. A few years ago, Forbes Magazine ranked investment banking among the top ten careers for financial success. This means you'd go straight from college into a company that offers big salaries, bonuses and benefits upon graduation. Nowadays getting hired by such a firm requires getting good grades in both undergraduate and graduate school, plus passing rigorous exams and interviews. However, unlike most entry level jobs, you'll be guaranteed a pretty hefty salary almost right away. On average, MBA graduates working for Goldman Sachs make around $200k per year while associates fresh out of undergrad programs make roughly half that amount annually.
Getting into finance takes hard work, too. Even after earning a degree, you'll likely spend another four years studying and preparing for competitive examinations. One thing's for sure though: Once you land a great position in finance, you'll never lose that sweet paycheck again. So if you're interested in this field, get started early and prepare to succeed.
Another lucrative option is owning your own small business. Starting one from scratch isn't cheap, but if you manage to pick a niche market that sells well and expand through word of mouth advertising, it can become quite profitable. Plus you'll enjoy taking control of your schedule and destiny. Not surprisingly, entrepreneurship ranks highly in popularity amongst young adults, according to recent studies conducted by Google Inc..
And speaking of research, let's talk about that next...
According to the U.S. Bureau of Labor Statistics, workers aged 25 to 29 earned the highest median weekly earnings ($829) in 2010. Meanwhile, older folks earned less than younger generations did overall ($553). Why is this important? Well, since our society values youth above experience, employers tend to prefer hiring individuals who haven't been around long enough to learn everything they need to know to run a successful company. As a result, older employees end up competing against younger colleagues for fewer positions. In addition, baby boomers typically retire earlier than previous generations due to longer life expectancies, thus reducing competition for remaining open slots.
On paper, millennials seem poised to take over the world. They are tech savvy and educated, eager to jumpstart new industries and change old rules. Unfortunately, statistics show the opposite is true. According to a 2011 study published by Harvard Business Review, nearly 40 percent of managers plan to increase outsourcing to older workers in order to save money, presumably meaning experienced staff members. Millennials are also expected to replace traditional white collar professionals during the coming decade, causing further upheaval.
So what does this mean for you? Keep reading to discover why you shouldn't fret about losing your current gig.
Sometimes finding the perfect job isn't all about picking the hardest options first. Sometimes it's about choosing the simplest choice that ends up paying off handsomely. Take stock brokerages, for instance. Do you remember trading stocks back in grade school? How about going round robin with friends to buy penny stocks? If so, then you were probably lucky enough to stumble across an amazing opportunity to invest in hot stocks and reap massive profits. Today, however, the process is far different. To begin, you'll have to pass rigorous tests proving you understand basic principles behind investments. Next, you'll attend classes designed specifically to teach you how to trade effectively. Afterward, your portfolio will be monitored by professional analysts and brokers. Finally, you'll receive regular reports detailing returns on investments. Sounds simple, right? Fortunately, you can apply similar methods to countless other fields of employment. All it takes is knowing exactly what you want and focusing on obtaining it.
It's worth noting that there are plenty of ways to get rich quick online (eBay!), so consider combining your quest for additional funds with learning how to build passive income streams. Learn more about those topics on my blog.
No matter what type of moneymaking endeavor you choose, always remember to keep track of your finances and develop solid habits. These tips will help ensure you reach your goals and stay ahead of the game. Good luck winning!
So what are some legit ways to earn $100k per annum? Some people might think that it’s impossible for an average person like them to achieve such high income levels—but there are many proven methods out there if you know where to look.
Here are some tips on how to get to $100K salary per annum with minimal effort (or no extra work at all).
A typical entry-level IT programmer earns around $70K per annum in North America or Europe. But here’s something interesting about those programmers… they typically don't have more than 2 years experience under their belt! In other words, most of these “entry-level” programmers started off as fresh college graduates earning just above minimum wage ($7.25/hour), which explains why so few actually reach the six figure mark.
But hey, let’s say that you do want to be one of those lucky few who become millionaires overnight. Well, then you should consider becoming a software developer. You would start getting offers from major tech companies like Google, Facebook, Amazon, Microsoft etc., even before finishing school! The annual earnings potential for top developers working in Silicon Valley could go up as high as $150K per annum.
Just imagine yourself being offered $150K right after graduating with a computer science degree! If you manage to land a position somewhere else, expect to receive similar salaries.
With luck though, you won’t need to take any courses beyond bachelor’s degrees because employers prefer hiring recent grads over experienced employees. So while you may not earn as much money as a senior engineer, you'll still end up making way more than someone starting out in the same field but without formal education.
Another important point worth noting is that many of the best jobs pay well only when done part time. This means that you shouldn’t feel too bad about quitting your fulltime employment and going into business for yourself. Just remember that you’ll probably have to give up some perks along the way.
In terms of pure monetary value, the title belongs to billionaire businessman Richard Branson. He holds the Guinness World Record® for having earned the maximum amount of cash ever by anyone during 2016 - his net worth reached a whopping $5 billion. However, he did spend almost half of 2015 traveling around the globe doing promotional tours for various businesses. He also spent nearly two months in space aboard Virgin Galactic’s SpaceShipTwo vehicle.
If we exclude him, Jeff Bezos comes next in line with his estimated wealth of $110B. Bill Gates gets third place with $90B. On a related note, Mark Zuckerberg is currently worth $65B. And finally, Warren Buffet tops everyone with his fortune valued at $62B.
The reason behind this huge disparity between rich individuals isn’t difficult to understand once you see how different each of us approach life. Most billionaires tend to focus heavily on investments rather than spending, whereas others simply save big chunks of their incomes instead of blowing them away on useless crap.
You can find plenty of articles online that explain exactly how to grow your own personal fortune using investment strategies. For instance, financial expert Robert Kiyosaki recommends investing 10% of your monthly income into assets like real estate, gold coins, artworks, stocks, bonds, commodities etc.
Top executives usually enjoy higher compensation packages compared to regular workers. Based on data collected by Payscale.com, the following table shows the highest-paid occupations across the US.
According to Forbes magazine, the average CEO makes 6 times more than the company's lowest earners. While it may seem unfair, keep in mind that CEOs aren't necessarily greedy bastards... they're often selected based upon meritocracy. Also, the fact that lower-income workers now earn more than ever before doesn't mean that they deserve the kind of rewards enjoyed by their bosses. After all, the vast majority of them were hired solely due to their ability to perform specific tasks efficiently.
However, things change when looking at modern corporations. Today, every decision made by a CFO has a direct impact on the firm's bottom line. As such, they are given bigger shares of stock options, bonuses, and dividends, regardless of whether they contributed anything meaningful to the overall success of the organization. All the while, middle managers try to appease shareholders by delivering short-term profits while ignoring long-term growth opportunities. It's no wonder why many firms choose to promote "corporate raiders" whose goal is nothing less than destroying the competition through hostile takeover tactics.
Things haven't changed very much since Henry Ford became the chairman of American Motors back in 1959. At that time, Ford was willing to accept $8 per hour for factory labor, yet refused to provide overtime payments to his hourly employees. Meanwhile, upper management decided to double production costs despite the fact that demand wasn't growing anywhere near twice as fast as supply. Needless to say, Ford lost millions of customers thanks to his uncompromising stance.
When speaking of highest paying jobs, it's hard not to mention Wall Street traders. According to CNBC, the median yearly income for a trader at Morgan Stanley increased to $200K last year. By contrast, the typical worker at McDonald's barely managed to scrape together enough to buy groceries.
As expected, the share prices of trading houses fluctuate dramatically depending on investor sentiment. Traders are notorious for taking advantage of unsophisticated investors, especially swing traders. Many studies show that the industry contributes significantly to systemic risk. Furthermore, several prominent hedge funds have been accused of insider trading, market manipulation, front running, fraudulent reporting, spoofing, naked short selling, fraud, lying to clients, predatory pricing, failure to disclose conflicts of interest, among others.
While greed does play its role, the problem stems mostly from poor regulation practices adopted by regulators worldwide. Another contributing factor is the rise of cryptocurrencies. Due to extremely low barriers to access, shady brokers offer ordinary folks easy ways to trade digital currencies. Unfortunately, many novice traders end up losing significant amounts of capital.
On the bright side, technology has brought great benefits to our day-to-day lives. We've got instant communication tools and smart gadgets that help us accomplish everything faster, easier, safer, and cheaper. With this said, it wouldn't hurt to learn a thing or two about finance either. Who knows, maybe you'll eventually decide to dedicate your career towards helping others solve problems associated with managing finances. Good luck!
Want to know how to make a thousand dollars in one day? It's quite easy if you have some cash lying around. All it takes is a little bit of planning for those lazy days when you just want money without any effort.
In fact, there are hundreds or even thousands of legit work-from-home opportunities that allow you to get paid by doing nothing more than sitting at home and earning extra income from your PC. With these tips on making $1,000 per week, we'll show you where to start looking. If you're ready to kick off your weekend with a new job -- or maybe even quit your current gig -- read on!
If you've ever wondered what kind of salary makes sense for someone who works 60 hours a week, then look no further than this section. You might be surprised at how much you could actually earn working part time as a freelancer.
The first step is choosing a subject that interests you. Once you do so, check out freelance marketplaces like Upwork or Fiverr. These platforms connect people seeking expert services (e.g., writing, marketing) with professionals offering their expertise. When you register for free accounts, bid on projects that interest you and send proposals to potential clients. A lot of them offer payment via PayPal, which means you don't need to worry about getting scammed.
While bidding on gigs, keep in mind that the lowest price usually wins. But sometimes employers also specify quality over cost. For example, they may require two writers instead of one because they think having multiple sources gives credibility to their content. Also, take note of deadlines, communication preferences, and other conditions before accepting a project. This way, you won't waste anyone's time.
You should always ask for proofreaders, editors, translators, designers, programmers, web developers, social media managers, and SEO specialists among others. Each type of professional has its own set of skills and experience, but all of them tend to demand similar rates. The range of prices varies widely depending on factors such as location, education level, years' worth of experience, etc.
On average, however, a good copywriter gets between 70 cents and $2.50/hour while a graphic designer earns roughly $3.75 - $7.25/hour. Freelancers who specialize in programming typically charge anywhere from $60-$120/hr while data scientists rake in somewhere near $130 -$200/hour.
It doesn't matter whether you plan to work full-time or not, since freelancing enables you to choose specific jobs based on your knowledge and skill sets. And once you find something interesting, you can easily boost your earnings up to $100+/hour. Here are six types of online careers that help achieve this goal.
As mentioned earlier, being able to write well is essential to becoming successful in today's competitive world. Many companies hire ghostwriters to produce materials related to business development, finance, human resources, operations, sales & marketing, public relations, and many others. In general, ghostwriting fees vary wildly depending upon your specialization, skillset, experience, educational background, portfolio, references, etc. On top of that, you should expect to negotiate the rate.
Freelance writers can either go into self-employment or sign contracts with established firms. As far as former goes, you would likely need a blog or website, contacts, and a solid grasp of grammar, punctuation, spelling, vocabulary, structure, voice, tone, and style. To become employed by an agency, you must prove yourself through samples, portfolios, testimonials, references, interviews, and several rounds of revisions and feedback.
When starting your journey toward financial freedom, marketing is probably the best place to begin. Marketing involves reaching out to prospective customers and convincing them to buy products or subscribe to service plans. There are lots of marketers out there willing to accept low wages just to gain valuable experience.
Here are three examples of typical roles that fall under "marketing":
Social Media Manager: Works closely with influencers to create engaging posts, videos, images, GIFs, memes, live streams, and other content. They use various tools like Facebook, Twitter, Instagram, Pinterest, Tumblr, LinkedIn, Google+, Snapchat, Reddit, WhatsApp, Telegram, Discord, etc.
Content Creator: Produces original ideas and information designed to educate audiences and sell products. Examples include bloggers, article writers, podcasters, vloggers, video journalists, podcast hosts, YouTube celebrities, photographers, filmmakers, cartoonists, illustrators, animators, etc.
Copywriter: Writes persuasive texts used in advertising, emails, presentations, websites, blogs, press releases, brochures, newsletters, billboards, posters, menus, invitations, flyers, resumes, scripts, product descriptions, etc.
Many businesses rely heavily on visuals to attract customers and convince them to purchase certain goods or services. From designing logos to creating infographics, graphics, banners, buttons, eBooks, adverts, apps, t-shirts, cards, letterheads, signage, advertisements, stationery, clothing, vehicles, signs, packaging, etc., designers often enjoy higher salaries compared to other occupations within this category.
Computer software engineers develop systems, applications, programs, databases, code libraries, frameworks, etc. Usually, they have strong mathematical backgrounds and possess extensive coding skills. Programmers are responsible for overseeing computer hardware and networks along with troubleshooting problems.
There isn't anything wrong with picking up odd jobs here and there, but wouldn't it be nice to earn big bucks consistently month after month? That's possible with the right strategy for finding high paying side hustles. Some of the following options can bring in serious dough.
This occupation requires proficiency in foreign languages. Whether you translate documents written in English or another language, or vice versa, both sides benefit from hiring qualified translators. Translation agencies employ a team of experts who speak different dialects of languages including Chinese, French, German, Italian, Polish, Portuguese, Russian, Spanish, Swedish, Turkish, Urdu, Arabic, Vietnamese, Japanese, Korean, Hindi, Tagalog, Indonesian, Haitian Creole, Navajo, Punjabi, Finnish, Norwegian, Afrikaans, Albanian, Latvian, Georgian, Malay, Hebrew, Bosnian, Croatian, Hungarian, Dutch, Czech, Filipino, Brazilian Portuguese, Ukrainian, Serbian, Romanian, Slovakian, Slovenian, Swahili, Welsh, etc.
Depending upon your native tongue, you can receive payments ranging from $10 - $13/hour. However, the highest going fee is approximately $15/hour. Be prepared to put in long hours and do tons of research.
Are you interested in learning about blogging techniques that can turn you into a digital sensation overnight? Do you desire helping people learn how to run profitable sites? Are you passionate about providing advice regarding topics like search engine optimization, monetization strategies, traffic generation methods, email marketing, affiliate marketing, backlinks, niche selection, etc.? Then welcome aboard!
Blogger positions come in many forms. One of them includes posting entries on blogs (both personal and corporate), guest authoring articles, reviewing books, podcasts, movies, TV series, music albums, video games, etc. Blogging experts can earn anywhere from $20/hour to $70/month, although the latter figure applies mostly to experienced veterans.
Do you enjoy crunching numbers and breaking down complex datasets to uncover useful insights? Want to explore emerging trends and discover hidden patterns? Or perhaps analyze large amounts of information collected from surveys, experiments, mobile devices, sensors, medical records, weather stations, etc.? Then consider a career as a data scientist.
A degree in statistics, mathematics, engineering, economics, biology, chemistry, neuroscience, psychology, anthropology, sociology, history, environmental science, law, medicine, veterinary medicine, physical sciences, humanities, computing, analytics, etc. is required for this position. Data analysts generally command hourly salaries between $35 - $85/hour. Salaries can reach upwards of $110/hour for senior employees.
Certified Public Accountants handle accounting issues associated with taxes, payroll, bookkeeping, treasury management, audits, tax consulting, inventory control, IT auditing, legal matters, risk assessment, budget preparation, etc. CPA duties involve preparing reports, analyzing company performance, forecasting future outcomes, managing budgets, etc.
Become CEO of your own lead generation software company, just follow our battle-tested guidelines and rake in the profits.