How to make money with 50k
Many of them are hardworking and intelligent people who are making reasonable financial choices, but due to the non-negotiable nature of Mathnot ending up with as large a monthly surplus of cash at the end of each month as their higher-income counterparts.
And what I have learned has blown my mind. While our parents always told us that you need a degree to get anywhere in the job market, the reality has been flipped on its head in the last two decades. Some of them have questionable skills and you could easily outperform them in their own job. To help whet your alternative moneymaking whistle, here are a few of the ways I have recently learned that people make reasonable incomes, without any formal training.
While everyone streams through the university and competes for the office jobs, the traditional trades have seen a shortage of new arrivals for many years. As a result, wages have gone up. But to capture the good pay in this area, you generally need to run your own small businessrather than working for an existing company.
Carpenter — my perennial favorite. Kitchens and bathrooms generally pay even better. No formal training required, but it helps to work alongside another good carpenter for a year or two, or take classes at a community college. Plumber — slightly more traditional and formal, in my area this job requires a two-year apprenticeship before you can get your own first level license.
Welder — I stumbled across this self-employment goldmine when I learned metalworking myself in In summary, rich people always need custom steelwork done on their houses. Not many people know how to do it. He was a degree-holding geologist who ended up taking this job because it paid better.
Two years of apprenticeship or a shorter amount in community collegeand you can write the test to get your first level license. Painter — Nobody does their own painting these days, and thus they often go searching for painting companies to handle it. So YOUR company, with its polite and professional management, will have very little trouble carving out all the business it can handle. This pays a little higher, and you get to create fine bathrooms and kitchens. Bid out both tiling and painting, and watch the customers line up.
Landscape Company Owner — a little trickier because it requires knowledge of plants and design principles as well as heat tolerance, but in general a lucrative field if you work in a high-income area. Nobody does their own gardening these days. Excavator — An oddball choice, but it can work if you like ultra-powerful machines and do the math right. The guy I hired for my own housebuilding company was a former math major who found the excavating business to be more profitable.
Plus you are a hero to little boys all over town. You must enjoy supervising other trades, however, which is like herding cats. Mechanic — once you know how to fix a carall your friends and neighbors will want you to fix theirs. These occupations are exotic, because they are new and often silly-sounding. But they are real, as I am learning as I meet more of these people earning ludicrous amounts of money.
The key to it is the size of the Internet: What do I use to write this blog? WordPress, just like everyone else with a blog. Relatively simple programming and a high-level, open architecture make it one of the easier forms of software development to learn. I thought this just involved occasionally typing some shit into the computer for a few laughs. This blog, in case you are curious, now generates a six-figure income just under three years into its existence.
And my income is on the very low side for sites of this size 5. How to Start a Blog. These lodge themselves into search engines and start generating low-effort streams of money.
This is an elusive one, but Chris Guillebeau and Tim Ferriss are great examples.
Earning more: With no free time, a law student earns $50k on the side
You learn about and do amazing things, and then teach others about what you learned. Eventually, you can write books about it, which people will buy. And, companies will hire you to be on their boards, just because of the amazing allure and buzz you have created.
But it all starts with becoming an expert in something that everyone wishes they were an expert at. After all, Apple Computer is rich because of its mastery of design, not its technical sophistication.
Through Pandora streaming, I discovered the music of a youngster and fellow Canadian named Deadmau5. If the habit sticks, he could be on the turntables in front of stadiums before he even graduates from high school. Or the hobby might open other doors. With broadcast TV being obsolete, there are now millions of viewers available to watch anything you create. Marquese Scott happened to make himself into the most awesome dancer in the world, and is now paid appropriately for it after 91 million views on his Pumped Up Kicks recording.
World-dominating fame, which he achieved by simply setting a camera on the ground and rocking out in front of a bank building for a few minutes — the efficiency is beautiful. But YouTube is just not for freaky stuff that unpredictably goes viral.
Much of the money being made there is meat-and-potatoes hard work stuff. Teenagers create hundreds of well-made Minecraft instructional videos with their own personal brand and style. Eric the Car Guy does well telling us how to fix our cars. Guitar and piano lessons, done well, earn their makers more than they would from teaching live students. Like any of the jobs above, successful video production requires an attention to detail and conscientious bit of hard work.
None of these jobs are easy get-rich-quick schemes — as far as I can tell, easy riches are not a reproducible model.
But the REAL story of entrepreneurial moneymaking is not the stuff that I think up off the top of my own head. It is the things that YOU dream up, and share with the rest of the world.
Money Mustache, Tyler Tervooren of Advanced Riskology and World Domination Summit fame, and Treehouse founder Ryan Carson to help out with part two of this series. The more ideas we dream up and share, the wealthier we all become. An interview with Ryan Carson on higher education vs do-it-yourself technical training. And in the passive income world, search ranking for good keywords is very important.
My Financial Independence Journey July 25, The income for the manual labor jobs sounds reasonable, but trying to make a living blogging or being a techno composer is not something I would recommend to someone wanting to make a reasonable wage.
For every successful blogger or musician or youtuber there are thousands of people pulling in what accounts to beer money. Money Mustache July 25, Regarding the creative stuff — the key to success there is having the ability to write or create stuff that lots of people actually want to read or listen to.
If you have it, success is almost guaranteed. If not, then your pessimism is justified. How do you know if you have it? Free Money Minute July 25, I love your can-do attitude about everything. It is so easy to make an excuse about everything. Most people who are successful have failed over and over and over and over and over again before finally succeeding.
I am trying to move as quickly as I can through my failures so I can reach success. Thanks for the motivation MMM! Chris July 26,7: Yes, trying over and over is true, but not trying the same thing or the same ways over and over again, expecting success, that would be insanity as Einstein said, right?
It is about trying something, failing maybe and then trying again with adjustments learned from previous mistakes. Glen August 25,8: I think it was some internet tool, not Einstein, who made up that fake definition of insanity. Darden July 27,4: ABC July 25, On big lesson in life is to know when to quit. That is a good point, alphabet.
If someone gave you 50K, how would you make the money grow? | Yahoo Answers
You need to know when you suck. But the Internet will tell you pretty quickly. But most objections to this type of optimism result in really good people never even getting started so they can surprise themselves. Ali Baba July 26,9: Things never get any better for meeee! To disprove this mindset, she cites many examples where someone considered awesomely naturally talented actually developed those skills through hard work and practice.
She calls this the growth mindset, and it appeals to me by being both very egalitarian and much more optimistic. Hadilly July 26, Mindset is the best book! All mustachians should read it. It really transforms your sense of what you can accomplish and how to go about it.
Michael Corayer December 15,7: Mindset is a fantastic book. You may notice many parallels to ideas from The Magic of Thinking Big which I read recently, after finding this blogthough backed by academic research instead of just anecdotes. Mindset really had an impact on me and changed how I view myself and how I think about ability and natural talent. Drawing is a skill you have to develop and maintain just like physical fitness.
Minsc July 29, I could have listened to the part of my mind telling me I was a socially awkward person. I still have a long way to go but my progress thus far feels great. CincyCat August 1,1: That sounds like a great book! The body and mind are wired to crave routine for safety purposes. I used to belong to a subscription book service that would mail paperback books to my house every few weeks. When I started looking for ways to cut unnecessary spending from my budget, I did a little homework and discovered I could download the same books onto my Kindle which was a gift at a fraction of the cover price.
THEN, I really wised up and realized that most of my favorite authors are available for download via my local library for free. Rob aka Captian and Mrs Slow July 27,6: I personally prefer MMMs optimism gun over a dose of reality dished out by well meaning friends! Freeyourchains July 29,7: With enough willpower, anyone can succeed at changing their weaknesses into strengths.
John July 30,8: ABC, that may or may not be a big lesson of life. As my current employer will tell you, sometimes succeeding is just being the guy who hangs on the longest. There is a lot to be said for perseverance, and nearly without exception, the longer you work at something, the better you will get. KC December 14,6: I guess American Idol comes to mind and I can tell you as amusing as it is to see the failures, many of the ones who get kicked off do so for the number one reason and that is that they have NO TRAINING!
As a voice teacher and Opera singer, I can tell you that many singers including me had talent but certainly not enough to go on a national show looking for professional quality at a young age with little training. I studied voice for well over 17 years and only got my first professional Opera position after a good 6 years. Most people are looking for shortcuts and not doing nearly enough homework or studying to know if they will be successful.
Brad September 11,4: Majority of human beings are not consistent. Consistency creates the compound effect and with that you can become unstoppable. Cate September 23,1: Brad I agree wholeheartedly regarding consistency but another close 2nd is having support to help egg you on through the tough times, as there will be many! Joining a community of as we say, like-minded people, can be the difference maker! John Dough July 25,4: You sound just like my millionaire employer.
He is constantly optimistic about getting stuff done, and meeting goals, and accomplishing the impossible. If he only listened to people with more practical sense, he would not own a company in NYC with mult-million dollar annual revenues. Chucks July 25,8: Well, you were financially independent by the time you started the blog. Without a second job or financial independence I have a tough time suggesting people try and become bloggers or musicians without having a steady income job on the side.
Dare to dream big, but always have a backup plan. Julia July 27, Emily Allred July 26,6: I really appreciate this post, since I was one of the commenters wowed by the worth of your skills. Looking forward to part two! Janet Barber August 5,1: I have had so much pessimism in my work life that I certainly do not need to hear it or rather read it on such a wonderful, positive blog such as yours. Jason August 5,5: I applaud the inclusion of music-making and creative fields in this list. That fits perfectly with the theme of this blog.
Larry Spears December 11, Okay… So, I have been telling my daughter bedtime stories since the moment my wife and I found out we were going to be blessed with her. And lately, the past year or so, I have been creating the stories each night in an ongoing series.
While reading your page, I found the part about self publishing through Amazon something of interest and I just wanted to say thank you for the idea; I would have never thought about it otherwise. EL March 3,8: That was a great response. I think many jobs are challenging, and it takes dedication to make it on the creative job side like blogging. I think if you focus on building skills when young, you have more options for 50K jobs.
Also you have to network and market yourself like crazy. RetiredToWin Alex April 23, One occupational anecdote from my own life has to do with grant writing. But I spent about 2 weeks doing in-depth research on how to do it… and then I tried it. Another anecdote, this one from my current earlier-retired life, has to do with blog writing. But to get that question answered I have TO TRY. Emily June 23,5: John doe May 11,3: Jeff July 25, To be fair, beer money is also a potential sidehustle.
These things are a lot of stuff that can be worked on outside of work hours as you build yourself up. Mark July 25, I think that for most of these jobs there is a start-up capital vs.
By contrast, the trades-related jobs plumbing, HVAC, tile, carpentry offer a balance, allowing modest capital outlays up front and unless an apprenticeship is required allowing you to accumulate skills during evenings and weekends. Time is the key ingredient in all these cases. You have to want to spend your time well, and be willing to give up some pleasures gaming, TV, etc. Anthony McDougle July 25,5: Although another part is just being optimistic — others have succeeded.
Nick August 4,1: Could not the same be said for traditional business such as a plumbing company? Like anything, what ever you pursue has to be something you enjoy. Instead, if I ever had the calling, I would blog on the side and let my style and presence slowly build over time. The Shoestring Investor July 25, This article is right up my street. All you need is the ability to walk and not lose a dog. Mrs PoP Planting Our Pennies July 25, In every development my sister has lived in there has been a pooper scooper that many in the neighborhood hire to stop by once a week and pick up the dog poop in their backyard.
Once you get enough clients, outsource the work as it really can be done by anyone. Not exactly glamorous but sounds like it brings in the cash! Alex July 25,1: You could also consider combining these two side hustles into one serious money making profession. Talk about vertical integration. Matt K December 7,1: This is the comment that almost gave away my sneaky reading of MMM on my 3rd monitor at work. Almost lost a mouthful of tea all over the keyboard.
For a full high tech solution, you could GPS mark the droppings and your employees could pre-map the most efficient route the next day: SZQ July 26,5: I told my neighbor a few years ago to start pet-sitting! I knew she could make good money doing it because we paid our pet sitter good money and often would have a hard time finding someone.
Fangs July 31,5: Do have them know their market. I know plenty of people who tried petsitting—I am one—and no one can rely on it unless they are in a larger city. I am one of the few still around and jobs occur one every three-four months. The last magazine I worked for served the HVAC industry. The biggest issue that industry faces? Finding enough skilled techs.
Anne July 25, This is so true, my fiance is in HVAC on the engineering side and in the summers the techs can work as much overtime as they desire- there never seems to be a shortage of calls. Anne do you think, or could you ask your fiance, if any HVAC company would hire someone seasonally? Geek July 25,6: Steve Adams July 28,2: Try air conditioning season.
Even a new guy can check the filters and see if the ac works. With a little training you can check the refrigerant. If there is a problem the experienced guy can come fix it before the crazy season starts for less then during the heat wave. Keith October 6,3: This seems to be accurate as I work for one of the big manufacturers in test engineering and our facility has hvac tech openings open nearly year round.
I can only imagine how busy the installation companies get in the early summer and winter. Laura Frugal Newlyweds July 25, Definitely check your area first. Janette July 25,2: I think you might find that people are definitely willing to pay for someone who has a reputation and finishes the job! Kenoryn July 26,7: Brian July 26,7: I was quite busy, I got tired of doing it love to do it now on my own properties and also witnessed a 65 yr old carpenter trying to keep up.
I joined the financial industry. I make roughly the same income with less damage to my body. FT June 26,2: With better marketing, good networking skills, and a good reputation i.
He has so much work that he can turn down the crap jobs like crawling around in attics and take the nice ones like changing door knobs. I will say that this is a very seasonal business. Nobody wants work at Christmastime, for example. There are ways to mitigate that, though.
David July 25, Marcia July 25, I sometimes think my dad had it easier. He was an auto mechanic. It was a job he had because for most of his life, it made a decent wage. He left the job at work and came home and enjoyed his family. Stephen July 26,9: Per Diem July 25, Use your engineering degree to get a job in a field that offers temporary year field assignments and get paid Per Diem. Tax free for the first 12 months. Unless you change locations and then the tax-free clock resets.
Or if you have the manual trade skills and can get into the plant outage circuit pipefitters, boilermakers, carpenters, welders, electricians, formworkers, etc… Often union workm, but not alwaysyou can travel the country like this, site to site to site.
WageSlave July 25, Per Diem July 25,2: I knew three people get fired for this, after hundreds before them did it successfully. These people had apartments in Dallas or surrounding area and were sent to D. They let someone else move in to their apartment, had them pay rent, and the movers had apartments in D. More like thousands of people had done that previously, and the company decided it was a bad practice, and bam, fired.
Greg July 25,2: Per Diem July 27, Greg, While on long-term field assignment, if I was staying in a hotel and eating at restaurants, 70k would barely cover my additional expenses.
Also the experience gained on field assignment is highly looked upon in the above mentioned industries and leads to more responsibilities and promotion. Debt Blag July 25, This is so great. This is very much in line with what I did. Done by Forty July 25, I think the timing stock market training in hyderabad this article is great, especially coming off the recent complaint-a-palooza in those Yahoo comments re: It seems to make sense on some level: Edward July 25, A lot of places have had SharePoint setup for them but have nobody to support it.
Elkbark July 25, how to make money with 50k, You can still make money without giving up your free time. Find someone or create someone else that can do the work and contract it out. All it takes is a good idea, and lots and lots and lots of work. Can be a great path for some willing to put in the hours. MMM I think you suggested driving a semi-truck to the fast-food worker who wrote some time back.
One of my cousins does this and I believe he cracks that number pretty readily. Shelby July 25, My diploma does look nice hanging on the wall in my office though, haha! Joy July 25, I made a career change in from being an independent film producer to a business manager. I do not have a four year degree. I have a two year associates degree in Film and Television Production. I managed film budgets from 75K to 1.
I have been happily employed for a year and a half with no end in sight. I am now combining my producer money skills with my business management skills and starting my own small consulting firm for companies generating 1. I have my first two clients already and if all goes well I plan to be self-employed by Matt Becker July 25, The trades examples are great too.
JessicaG July 25, I started a dog walking company, built my own website before the days of drop and drag btw so I actually learned HTML and CSSand off I went. If you love dogs and are capable of work from home pune vishrantwadi learning about animal behaviour and training AND you are good at new client meetings this is an extremely easy industry to profit from.
I did it for about 8 years and have just recently quit to pursue other things. Holly ClubThrifty July 30, There are quite a few dog walkers in my area and they look like they are serious about it. You could maybe even jog instead of walk if you had few enough dogs at the time and they were cooperative! Jessica July 25, I went to college to become an aerospace engineer at Embry Riddle Aeronautical University in Daytona Beach, FL.
I had a classmate friend who was also my roommate and was really into music. Then he would DJ on their pool deck.
Crazy but now he has made it into his own entertainment company and has several people working for him and it sure looks like his job is more fun than mine was although I sincerely enjoyed my job while I worked it.
Trevor August 5,7: I think this highlights a key idea of these lesser-known businesses: Like doing X for weddings, be it music live or DJphotography, cakes, center pieces, planning, invitations, whatever.
Small, unglamorous jobs that people take for granted need to be done by someon. Matt August 15,3: This is essentially what I am doing more and more of right now. Redeyedtreefr0g August 8,2: I was trying to become an airline pilot in Aeronautical Science, right out of high school, and was too stubborn to quit when life kept throwing hurdle after hurdle at me. I ended up not being able to complete the flight portion of the program, swapped my major from that to Aeronautics, and instead of a single Aviation Safety minor, I wound up with those specialized classes becoming a second minor in Aeronautical Studies.
I drive a school bus, now. Elizabeth July 25, Of course this all depends on what the price of child care in your area is. Josh July 25, And as you well know, programming can pay quite well.
Second, a word of caution on the writing option. The vast majority of independent authors are either barely scraping by or are doing it just for fun and maybe to make a little best foreign exchange rates nyc the side.
Those that do typically make a ton, though. Wait until you have evidence of your success to take that leap. Brenton July uk forex broker license,2: While its true you can learn programming without a degree, its tough to make much working for yourself unless you find the right obscure technology.
Unix, sharepoint as someone mentioned earlieretc… Or unless you happen to have good connections and can run a pseudo-consulting service for advanced but short-term project needs. Basically a company will pay you to deliver to obscure locations that they dont want to hire a regular driver to go to. Over time you could build a successful business.
Eric Finlay July 25,3: The great thing about it is that all you need is a computer and an internet connection to make something from scratch — and that IS experience. Jamesqf July 25,3: GP July 26,6: Ticktock February 12,8: My daughter was slogging through community college and not really enjoying it. She interned at a local tech firm and they pointed her to our local coding school.
The schooling was 2 months. It was definitely worth it. I am pushing her to this site so she can retire at Ticktock February 13, Brenton July 29,2: Exchange rate czk eur problem is the level of competition from outside the United States.
Anyone doing anything other than how to make money with 50k quality professional work is going to be undercut in price. A company would hire you if you are local and can produce better quality than what they could find via one of the multitude of freelance site. However, convincing some company to hire you when you have no programming experience and no degree is going to be difficult.
Its not impossible, but the competition for short term programming gigs is pretty intense. Evan July 28, I had done some programming back in high school 15 years ago but not that much really. The demand is so high for tech workers right now that I see people getting hired mostly on potential…. Yes on the writing. Like anything, send free group sms and earn money have to research it and find your market, but with self-publishing like bloggingif you combine research, creativity, and luck, you can really hit it big.
La July 25, Some of my friends and I make money singing and playing music. Tax free, of course, is best if you can swing it: Stephanie July 25, The rest is to you and taxes. Meaning pivot point stock market everyone not ninja enough to cut their own hair is a potential client. Carolina on My Mind July 25,8: Having just come from getting my hair cut, this was my very first thought: Alicia July 26,6: My hairdresser used to work at a high-end salon and I was paying big bucks for it this was in the pre-budgeting days.
We never got into the exact numbers, but I know she is doing very well, just by doing a little bit of quick math. Dom July 25, I moved across the country and more than doubled my comfortable engineering salary by working an industrial site job. Company pays for my living expenses and flights home on top of inflating my salary. This can also be achieved for piano, guitar, violin, etc. People seem to be charging a lot for fancy gym classes — so opening a hot yoga studio or a crossfit gym is probably a big money maker.
Math tutoring is one of my side rackets. I have an obvious one to add to the list that anyone can do. This would be very location specific. Lawn care was it. I remember vividly a 1. After mowing for 3 years I went to renew the contract one spring; he said he appreciated my attention to detail over the years, and that I always did a great job, but that he was going to go with a new company for half the price.
It was good while it lasted, paid my college, but the dream is over. Joe Average March 17,3: I did this for several years during college. Our faithful CR-V did all the towing duties and thus the source of my admiration of the clutch life. I was turning away excessively picky customers though and a couple of customers who liked to let the grass get six inches deep before they regent forex cargo tracking me.
The first guy wanted me to mow his yard with a 22 inch push mower, the second variety wanted me to rake the yard by hand for the same money as the mowing price. The engine and transmission lived on happily but the steering and the mower deck needed constant repair — lots of welding too as the steel cracked.
Did all that work myself. Gave it to a friend afterwards. I think he patched it up and mowed his own yard for several years. It was just too light duty for the level of work I was using it for. No quality in the deck hangers and steering joints was the main problem. Mowing a single suburban yard? It would last for years. On the yard mowing circuit? Like I said — maybe three years.
Seriously considered adding greasable heim joints all over the tractor but that was about the time I was moving on to greener pastures that would help me flush out my professional resume. Dan July 25, For the person that enjoys extreme flexibility and learning to fix just about anything I legitimately think you could make 50k plus with the following methods 1. Buying high end broken durable goods on craigslist Tools, Lawnmowers, boat motors, vehicles Generally anything that is A.
Repairable which high quality goods generally are C. With a large potential customer base. Fixing them and selling them back on craigslist, or if conveniently shipped on ebay or amazon. Selling other peoples stuff and taking a commission. I started doing this a year or forex varsity course fees ago for people that just do not understand that craiglist is full of normal people and am now turning people away because Bill ramsey money makeover just do not have time to deal with all of the volume.
I actually pick up free stuff off Kijiji Canada Craigslist every week and resell it. People are always just throwing away things you clean up and sell!! Lucas July 25, MMM know and it helps if the homes in your area are expensive.
The further you go from home the more you make though. Be careful with the mechanic thing. I do love the list of hands-on jobs that make good money, though. Not to mention the liability issues if you screw up the work. Professional mechanics have loads of insurance. He made more as a debt collector with no degree than I do as a software engineer with a 4-year computer engineering degree from a selective private school, working for one of the best companies in my area.
He has since moved from being a rank-and-file collector into management at the agency- his salary is slightly lower, but much more stable and less commission-based, and still probably higher than mine.
Stephen SE July 25, It is pretty easy to score cheap simi-broken things on craigslist without too much hassle. Can you tell us some details? What are common repairs for phones and computers? Do you have an ad that requests broken equipment? CincyCat July 25, In the Creative category: Cake or cupcake decorating.
Word got around, and now she has to turn customers away. Non-profit consulting in particular is huge right now. This is because most non-profit boards consist of volunteers with a passion for the mission, who may or may not have had any experience with organizational management or strategic planning. If you have real-world experience with this, believe me, there is a non-profit organization who is ready to hire you. Aaron July 26,3: There was so much competition out there. Not to mention the strain on her arms and how long it takes to make the flowers and everything that go on a cake.
Abby July 27,6: Of course, you want everything to conform to that image — you need a classy website, professional looking invoices, etc — but it can keep the volume manageable, creativity high, and income flowing in.
Nedwin July 25, One that was not under the manual labor section — Oil and gas laborer.
From roughneck to truck driver to whatever else, these generally pay a good wage. I am quite sure he does not have beyond a high school education, other than any training provided by his employer. Matt August 16,9: Flofli July 25, My husband learned title insurance from helping his dad during high school.
Once he graduated he started working for a law firm instead of going to college. In he started working for a national title insurance company at 30K per year. That is how much some people with degrees were making at the call center I worked in because they could not find other work.
You do have to be licensed and take a few hours of continuing education courses every other year which his company pays for. After 25 years with the same company he has specialized and just now squeaked over K.
Not bad for someone with no degree: No Waste July 25, If you can handle it, you can make a boatload of cash working in oil fields, or out on offshore oil platforms. You need to know that secret handshake.
Just look at Norway and Brazil. Thousands of workers would love to do that. Pays great, but getting belajar main forex gratis foot in the door in that area is very, very, very tough. Hard work and schedule but great money. Sarah July 25, Hey MMM, A couple of thoughts.
True, you could use a cheap tool — but when that puppy breaks in the middle of the bid job, and you have to go buy another one — all your profit is gone in time.
This job is so easy. First off, a Tool Dealer is a sales guy. He shows up to shops where the guys need to buy his tools best on the market. First there are two main food suppliers for restaurants. You are going into restaurants that need food and selling them food. If you suck at your job.
Feels too much like cold calling? Ok, be the middle guy. After the first guy goes in and the resturant confirms usmanov buys shares want orange juice he calls the put optionsschein gold deutsche bank rep — now the second guy goes in and finds out exactly what kind of orange juice yep there are different kindsorders what they need and basically keeps them calm yes, buying juice is stressful.
That was the low pay because he had no experiance. There is the last person in this chain of sales. They work directly for the manager and try to keep the second person pushing their juice onto the customer. So they will go into the resturant to offer special deals, or insentives for the second guy. This guy needs a collage education and works for the big wigs like Nestle, Coke a Cola, Smuckers…ect.
What do you need a collage degree in? Food not your thing? These reps exsist for anything you buy. Just thought I would mention it. Tell them to be better at their jobs. I like your sales idea, but disagree about the cost of mechanic tools. How to make money running a golf tournament description of the craft is based on real friends who own garages of their own.
I have more expensive stuff for my carpentry business than some mechanics have for the cars, and even then tools are a negligible line item for me over time. Insourcelife July 29, An example would be a rear trailing arm bushing puller. I actually made money on this puller now. Sid Zorbo July 26,9: Being a food rep usually is the next step for burnt out chefs, which is basically a travelling salesman to the Food Services Industry. They make decent money 50 to K. Each week these guys come in with somebody who has a product that is going to make my restaurant extremely more profitable, and is usually some sort of cannibalized chicken nugget product, or new wing sauce with 80 ingredients.
I know a lot of these guys personally, and are typically men who try to befriend the debauched chefs with alcohol and other kickbacks to buy more of their product to raise their commission or standing as salesman within the company at least the restaurants, not sure exactly how it works for large cafeteria operation sales.
Add to that the ever-encroaching automated buying systems that the larger suppliers have switched to which are eliminating rep positions ex. However, I would suggest a different growing trend regarding the food services industry. Pop-up dinners, when done well and marketed to the right clientele base in heavily populated areas can be extremely profitable.
You can make 1K per night with probably 8 to 10 hours prep time. Basically, it is a catering gig. If you do in-home ones for 10 to 20 ppl three to five days a week, 50K is doable. Add a couple weddings or bah mitzvahs and you got yourself a decent paying job.
The downside is working most weekends, learning health code laws, and the general rigamarole of running a biz that follows governmental guidelines while being a good enough cook to pull it off.
Joe Average March 18,8: Nah, I have a garage full of tools and a machine shop that I manage at work full of tools. Treated well, some tools last decades. Many of my tools are very cheap tools and pushing 30 years old. And if a person did have a tool failure, he or she could pick up a replacement quickly and in town.
Might not be the quality of the tool truck tools but it would last a long time. Must-stash July 25, He picks them up at his local Crossfit gym. CityGirlCountryBloke July 25, I was just talking about this to my carpool buddy this morning.
There are so many alternatives and skills that are available to everyone that anyone can learn and make good money too. Another one of my friends has started her own business through motivational speeches for sexually traumatized civilians and vets after she suffered through a sexual assault when she was in the military. She also puts together travel retreats and gets her trip paid for and is paid for each person she brings.
There are so many opportunities outside the box but you just have to have the courage to step out of it! James Petzke July 25, It is possible to make hundreds of thousands of dollars, and even millions, if you are an entertaining and inspiring teacher.
I personally am focusing on the youth market. Do one of those a week and you are set. For a few examples, look up Josh Shipp and Grant Baldwin. Shipp runs a 7 figure business off of his speaking. I forgot about that one. One of my old rental house tenants did this, and was making loads of cash at it.
Public speaking is a rare skill, hard to learn, and highly paid once you are good at it. That would be so cool. Debbie M July 25,6: James Petzke July 28,9: Toastmasters teaches you how to be a robotic speaker and do things like wedding toasts, but to be a motivational speaker you have to be extremely authentic. Audiences get bored if you just stand up there and talk while taking exactly three steps to the left followed by three steps to the right.
Karen Pickles May 11, Not the kind of speaking to the public I was looking for! James Petzke July 28,8: Margarita August 4, Can you explain how you get into that industry? How do you sell yourself as a motivational speaker? In our church we have lots of opportunities for public speaking, and it is something I love and have dreamed about doing more often, whether in church or out, but I wonder how you are going about selling yourself.
I would love any advice you can offer. Albert July 25, Some manual trades related to gas and oil industry, shipping and mining make great money. I know a guy who is a trained mechanic, worked with ships on shore for couple of years and now works on oil exploration platforms.
He can live anywhere he wants while doing it. Of course there are downsides as well dangerous, 3 month stints on the job without seeing family, only paid while on the platform.
By the way most of the non-degree jobs mentioned so far are typical male occupations. I wonder what would MMM recommend for our female readers? IAmNotABartender June 20,2: Early Retirement Extreme July 25, Granted, not in all fields, but in many.
So the salary cap is not so much due to being in the wrong field white vs blue but in lacking leadership or specialist potential. Money Mustache July 25,3: Your points are well taken Jacob, and I actually had an imaginary YOU in my head when I was writing this, cautioning me not to be overly optimistic in my portrayal. So go do it where it pays well! Self-employment is one place where you can do it with no degree.
At Fincon, I was shocked to hear that many bloggers with traffic one tenth that of this site were making more than that amount even while I chose to make less. It was supposedly winner-take all when I started this site, but then this one slowly grew, the winners shuffled aside slightly to make room, and the audience for everyone continued to grow. And even now, more of these not-so-rare blogs are moving up and joining the crowd like a bunch of helium balloons at a party.
Just updated the article to add those ideas- thanks for the prompt. Dogs or Dollars July 25,7: Moral of the story: Currently, I make lots in IT. Because I had basic communication skills, showed up for work, gave a shit and was generally likeable, even that industry treated me well.
I dont doubt my ability to push 50k in an industry and even position that doesnt usually go there. Elihu P Thompson February 27,3: I AgreeI was a supervisor with school boardover many shops and I brought in great moneyI was also a very talented carpenter and cabinet makerand I and a hand for of my great hard-working men that did great work stood out.
So we did side work in the afternoons and weekends earning If you stand out ,you should be noticed and doors should open for you!
Minsc July 30,7: My plan currently is to make dairy farming my main source of income with plumbing as a secondary income. Once receiving my red seal I jumped in to world of business ownership nearly blind. I get out and do the job and enjoy it. Any debt I do have is on the way down. Learning to run a business is becoming easier, the fear of the unknown continues to slip away. As I keep taking steps forward my goal becomes ever more clearer.
Plumbing is a traditional and accepted form of job. Any of my elders who have achieved what I plan to will no doubt see a greener version of themselves in my posting. La Toya November 29,2: I love this article. I think everything you said is very realistic. My question is, how do you make money off of these niche sites like yours that you posted? Sometimes the best way to make more money is to do avery good job of whatever you are doing and either advance where you are or look for a position with more advancement potential.
I suppose the key is their accessibility. Another random idea, although it requires some start-up capital: The idea is this: I just thought it sounded kind of fun. The challenge is researching which properties to bid on: Also, the rules and procedures vary state to state. Elkbark July 25,2: Saving mom July 26,6: Depends on the jurisdiction and the redemption process provided by statute. Most of the time the mortgage holder will cure the delinquent taxes and the purchaser at the certificate sale will get a nice return.
It is almost always favorable for the property owner or one of their lesser lien-holders mortgage holder to cure the tax lien within a couple years, else they risk a total loss on their investment.
No formal training required, but it helps to work alongside another good sex worker for a year or two. There have been some neat books and NYT articles on this subject recently. CL July 25,5: With the way that our laws are set up, prostitutes who are unwilling and willing alike are reluctant to get some sunshine on what they are doing.
Nick Kristof, one of my heroes and a great writer at the NYT, totally made a crazy argument about prostitution. He said that legalizing prostitution in the Netherlands resulted in black markets with the stuff that would never be legal, like child prostitutes and other taboo areas.
I think that he got the cause-effect wrong. Those areas always exist and by legalizing prostitution, you can shine some light on what is ACTUALLY happening. The stuff in the media tends to be about the awful times.
Jamesqf July 25, And of course the opportunities for straight males are really limited: Kenoryn July 26,8: I remember reading an article a few years ago about a male escort company in Montreal. They had a staff of good looking, friendly, well-spoken men, reputable people backed by a company, not hired for sex, but as dates — for the executive to bring to the company party, weddings, etc. I think they were mostly guys with a day job who did this on the side.
No idea how much they made, but the woman running the company said there was a lot of demand. WageSlave July 25,1: Tim McAleenan July 25,1: I think your life starts to change when you realize that a dollar is a dollar, and they all spend equally.
When the doctor stops working, the income stream is over. We see it with stockpicking, too. A dollar is a dollar is a dollar. CincyCat July 25,3: Mariana July 25,6: If money is the only thing that impresses you then, yes, someone working as a plumber making more than someone working as a doctor should be more impressive. Though I am super impressed at the hard work and commitment doctors have to apply to their schooling and residency—it takes years and is no walk in the park.
Interestingly enough, though, a plumber probably does more to maintain good health than most doctors. Joe Bleaux July 27,8: Some of them also own the real estate in which they practice, which also gives them good ROI. Christine July 28, In their line of thinking even if someone worked really hard learning all the same knowledge of programming but never got a degree, they do not deserve to get paid like some who went to University.
And if trades pays. A dollar is a dollar! Our economy needs it. You need to pay attention to what the economy needs and fill the need. Good for those that listened and went into trades! Yet they never enhance their skill set and push paper all day. I also know those that have no degree and keep working on different projects, sharpening their skill set. They get great job offers and get to move to the States to work for top companies.
Should what you did for 4 years dictate your wage for the rest of your life? Especially in a fast moving industry where skills need to be updated constantly? OhYongHao March 17,4: I never went to college but have worked in the software industry for 10 years. Could I be making more if I had a degree? Andrew July 25,1: I have been doing private-tutoring on the side just to bring in extra income.
3 Ways To Earn $50, Per Year In Passive Income
I was nowhere near full schedule though. I easily could have taken on 5 or 6 more clients. I quit trying to find new clients because they kept finding me. I got so many positive comments on it that I decided to build and sell them. We split the profit and spent 2 hours building it I was teaching him. With practice, we could probably do it in an hour. Alicia July 26,7: Tutoring helped me to pay my expenses in university. I do test prep tutoring on the side for grad school level standardized exams — GMAT, LSAT, GRE.
The big companies bill out 3 or 4 times that much to students, but pass on less to their teachers. I work as a production assistant on films and tv shows. Right now, I supplement my income with freelance writing on a site called Squidoo, which is an awesome source of passive income once my pages start bringing in traffic and affiliate sales.
Christine Wilson July 25,1: I then became interested in web design and did a 1 year course in it. Web design has now evolved to web development. I largely taught myself all these skills at home. To make good money you need to figure out which skills are most in demand hint: Then pick up a book, or find a web tutorial and keep at it!
I also create websites other people can use like: They are higher in some states, like San Francisco, Colorado, etc. And lower in others like Florida. Hilda July 25,1: During the university I used to teach english does not require a degree if you are a private tutor.
It is possible for engineers to teach math, for example. People with manual skill like sewing and knitting can sell what they make in Etsy. I myself sew and knit when I have to give a gift to a friend or relative.
It does not create money, but it saves me some money as a present bought at a store would be much more expensive. People can also sell these things in local markets.
There are people who pay you to walk with their dogs they do not have the time. Taxi dogs charge A LOT. Another option is to take care of elderly people, or children. It is possible to charge a lot of money for the service if you work for rich customers.
It does not require an university degree, just the course and some training, and it is possible to make good money. The hours are flexible and one can work on weekends.
Tons of money to provide this service. Eric Finlay July 25,1: People are getting worse at things and losing what used to be basic knowledge this plant is dying…what do I do? Going for the moonshot! Johnny Aloha July 25,1: They have done well by following a couple VERY simple rules: They have built good reputations and have a 1 year backlog for work! They also pick clients and only work in exclusive neighborhoods.
Dave July 25,2: I concur on the customer service aspect of all service businesses. Having attempted to hire some work done recently: Susan July 30, I have to agree with this, too. There is a dearth of skilled, hard-working, available carpenters, roofers, handy-people in my area. I had to call around to several places just to get someone to provide an estimate for work I needed done, and in the end, only two people actually showed up to do the estimate.
Ryan July 25,2: Me and a friend of mine are both in the same field, I started ahead of him but was slowed down in college. Christine Wilson July 26, I agree with this one too. My husband did all the certificates and is now starting with that salary. So not all people make this money. But you can make great money with very little education. I am a web developer and it took more years to get up to that level. Eldred December 20, Does your friend work for someone else, or run his own business?
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There Are No Guarantees. Very Nice… 0 0. Get MMM Automatically By Email. The real learning opportunities come from our failures. It is invaluable to parents too. Sounds like a good book, will have to add it to my library list. This comment is in reference to the pessimistic guy that you responded to above— Thank you, MMM. My Website will be up soon. Are you an animal lover? Hi Anthony, have you been successful since this post in ? Without reading the rest of the comments: Along a similar theme, though perhaps more profitable: The biggest issue 50 years ago?
And for every year in between. B-b-b-but MMM, what about my paaaassion!?!? Per Diem — could you elaborate on this a bit? You filled a need and found a niche. I believe you, but this just freaking blows my mind!
Unless you are a genius, you probably wont get many gigs without experience or a degree. What is the website of your local coding school? A couple jobs that i have seen in my area that seem to pay decently well: My soon-to-be brother in law has made substantial money as an over-the-phone debt collector.
You put in a whole lot of time but then typically take a couple weeks off in between stints. A whole lot of hidden wealth was built this way.