How to Make $10k a Month: The [Quickest] Ways to Get Started
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Do you want to make $10,000 a month?
I was struggling with this question for days. I wanted more money now and the thought of making $10,000 seemed like a dream spurred on by advertisements in magazines promising “easy” earnings opportunities.
But then again, it may have been too good to be true. And that’s why I’m writing this article: because so many people are looking for these quick ways to earn big bucks online without a lot of work – and I’m here to deliver.
I’ve been browsing the internet for years and have found a few ways to make $10,000!
There are a lot of ideas out there, you just have to decide what works well for you. So don’t get too excited just yet.
When you follow these easy-to-follow steps, you’ll be on your way to earning yourself some greenbacks that will take care of all those bills and more than pay off your student loans (or at least buy you a new car).
I have provided links to each of the sources I used for this article, so you can check them out for yourself and decide if they’re worth your time.
So without further ado, let’s get started.
What is the quickest way to make $10,000 a month?
Getting started on a side hustle has never been easier. But how do you know where to start?
Check out these six ideas that can be done in hours and make money like crazy!
- Become a freelance writer
- Start an Etsy shop
- Create and sell digital courses
- Drive for Uber or Lyft
- Become a virtual assistant
- Learn how to day trade
Three Ways to make $10000 a month
Everyone wants to make money and get rich quickly, but the truth is that it takes time.
There are many ways of making a living today; you can choose the traditional route, make money online, or look at passive income.
Option #1 – Make $10,000 a month by earning a high income
There are a few ways to make a high income. You can work in a high-paying profession, like a lawyer or doctor.
Working in a high-paying profession is the most common way to make a high income. If you want to earn a six-figure salary, you’ll need to choose a career that pays well. Some of the highest-paying jobs include doctors, lawyers, investment bankers, and CEOs.
Starting your own business is another great way to make a high income. If you can build a successful company, you’ll be able to earn an impressive salary. Of course, starting a business is risky and it takes hard work to be successful.
Option #2 – Make $10,000 a month by working online
There are many different types of work that you can do online in order to make $10,000 a month. Some examples include writing articles or blog posts, designing websites, freelancing, selling products or services, and much more.
How much you can expect to make depends on a number of factors including the type of work you do, how much experience you have, and the amount of time and effort you put into it. However, if you are willing to put in the time and effort, it is possible to make $10,000 a month by working online.
For many people, however, the quickest way is by starting an online business. The good news is that most of these businesses are easy and sustainable because they don’t require a lot of startup capital.
Learn how to make money online for beginners.
Option #3 – Make $10,000 a month with Passive Income
Investing money in assets that generate passive income is another option for making a high income.
With this approach, you will use your capital to purchase assets such as rental properties or dividend stocks. These investments will provide you with regular income, which can help you reach your goal of making $10,000 per month.
benefits of making $10000 a month –
1. You can live a better life
2. You can save money
3. You can invest in yourself and your future
4. You can give back to others
5. You can achieve financial freedom
Best Ways to Make 10k a Month
The internet is a great place to make money if you know how. The best part is that there are no huge upfront costs like starting a brick-and-mortar store or subscription business, so the sky is the limit on how much you can make.
That is why you will see many of the best ways to make 10k a month are online, and I’ve listed some of my favorites below. They all work in different ways, but they all have one thing in common: you can get started with no upfront costs.
Want to make money online but don’t know what to do? This guide will show you the quickest and easiest ways possible.
Invest in Stock Market with Mutal Funds or ETFs
There are a few things to consider before investing in stocks.
First, you need to have a clear understanding of what stocks are and how they work. It’s also important to understand the different types of stocks, such as blue chip stocks, growth stocks, value stocks, small cap stocks, and penny stocks. This will help you decide which mutual funds or ETFs, you want to invest in.
With this buy-and-hold approach, you are looking to make returns in the long run and are not worried about the up-and-down movement of your portfolio.
You need a 1.5 million portfolio to make $10k a month passively (source). This is the intrigue of how to FI and why many people pursue it.
What to Invest In:
When it comes to choosing which mutual funds or ETFs to invest in, there are many factors to consider. You’ll want to research the portfolio thoroughly before investing any money. Some things you may want to look at include the asset management fees, its competitive advantages, and its growth potential.
How to Grow your Portfolio:
Once you’ve chosen what to invest in, you’ll need to decide how much money to invest. It’s generally recommended that you invest a recurring amount of money into your investment portfolio. This will help protect you from losses if the overall market declines in value. This is known as dollar cost averaging.
Portfolio Size Needed
Assuming an 8% return, you need to grow your portfolio to $1,500,000 to make $10k a month passively.
Make Income in Trading Individual Stocks
There are a few things to consider before actively trading in stocks. You need to understand what stocks are and how they work. You also need to know the risks involved in investing in stocks as an active day trader or swing trader.
Stocks are shares of ownership in a company. When you buy a stock, you become a part-owner of the company. The value of your stock will go up or down depending on how well the company does. Once you have a basic understanding of the stock market, you can begin researching specific companies that interest you.
Stocks are bought and sold on the stock market. The price of a stock is determined by supply and demand. When more people want to buy a stock than sell it, the price goes up. When more people want to sell a stock than buy it, the price goes down.
It is possible to make money fast with stocks.
What are the risks involved in investing in stocks?
Investing in stocks is risky because the value of your investment can go up or down depending on how well the company does. If the company goes bankrupt, you could lose all of your investment
How do you make money trading stocks?
It’s also important to have realistic expectations when investing in the stock market. It’s possible to make a lot of money if you invest wisely, but it’s also possible to lose money if you don’t know what you’re doing. Be prepared for both scenarios by creating a solid investment plan and diversifying your portfolio.
What to watch for when trading stocks?
It’s also important to pay attention to current events and news stories that could impact the stock price. For example, if a company is facing legal troubles or has been involved in negative publicity, its stock price is likely to suffer as a result.
There is a huge learning curve to investing in stocks as you must invest time, money, and energy to learn how to trade stocks.
Create a blog
Blogging is a great way to make money because it gives you the opportunity to share your knowledge and expertise with a wide audience. If you have a knack for writing and are passionate about a particular topic, then starting a blog is definitely a good way to make money.
There are several ways to make money from blogging, such as selling advertising space, affiliate marketing, or selling products and services. However, the most important thing is to build up a large enough audience so that you can monetize your blog effectively.
How to start a blog:
If you’re interested in starting a blog, there are several things you need to do in order to get started.
First, you need to choose a niche or topic that you’re passionate about. Once you’ve chosen your niche, you need to select a blogging platform (such as WordPress), and then create your blog content. Finally, promote your blog so that people can find it easily online.
Blog monetization methods:
There are several ways to monetize a blog, such as through affiliate marketing, selling advertising space, or selling products and services. The most important thing is to build up a large enough audience so that you can effectively monetize your blog.
Become a Virtual Assistant
A virtual assistant is an online personal assistant who can help with a variety of tasks, including administrative tasks, social media tasks, and even customer service.
A virtual assistant can help with a variety of tasks that business owners and entrepreneurs need assistance with. You are able to have a non phone work from home job and work during the hours you want. This is why so many people find becoming a VA so appealing.
How to get started:
There are a few ways to get started as a virtual assistant. The first is to find a company that offers VA services and apply to be a part of their team. Another way is to start your own VA business by finding clients through online job boards or by networking with other business owners who may need assistance.
How much you can make:
As a virtual assistant, you can typically charge $20-$50 per hour depending on the services you offer and your experience level. This means that you could potentially make $10,000 in one month if you worked 40 hours per week at the higher end of the pay scale.
Use Your Expertise as a Virtual bookkeeper
A virtual bookkeeper is an individual who provides bookkeeping services to clients from a remote location.
To become a virtual bookkeeper, you will need experience in bookkeeping and accounting, as well as strong organizational and communication skills. You will also need to be proficient in using accounting software, such as QuickBooks or FreshBooks.
How to get started:
If you are interested in becoming a virtual bookkeeper, there are a few things you can do to get started. First, research the requirements and make sure you have the necessary skills and experience. Then, create a portfolio of your work to showcase your abilities. Finally, reach out to potential clients and market your services.
How much you can earn:
As a virtual bookkeeper, you can earn anywhere from $25-$50 per hour, depending on your experience and skill set.
Create a Course on Teachable and earn $10k a month online
Teachable is an online course platform that allows you to create and sell your own courses. You can use Teachable to earn extra income or even make a full-time living from your courses.
In fact, Teri Ijeoma is one of Teachable’s top course creators and easily surpasses this threshold.
How to create a course:
Creating a course on Teachable is easy and only takes a few steps. First, you need to decide on the topic of your course and what you want to teach others. Once you have an idea for your course, you can create it using Teachable’s simple drag-and-drop interface. You can add text, videos, images, and other media to your course to make it engaging and informative.
How to promote your course:
Once you’ve created your course, it’s time to promote it. You can promote your course through social media, email marketing, or paid advertising. If you want to make $10k per month from your courses, it’s important that you put in the effort to market them effectively.
How to make $10k a month:
Making $10k per month with Teachable courses is possible, but it takes time and effort. If you’re serious about earning this income, you need to create high-quality courses and promote them effectively. With the right approach, you can make a full-time living from your Teachable courses.
Build a Printables Shop with Etsy
Etsy is an online marketplace that allows people to sell handmade or vintage items, as well as art, supplies, and unique factory-manufactured items.
You can open an Etsy shop in just a few minutes. This is a great way to use your graphic design skills and easily make money from $1-3 printables.
How to promote your shop:
There are many ways to promote your Etsy shop. You can start by promoting your shop on social media, in forums, or through email marketing. You can also submit your products to directories and blogs that feature handmade goods.
How to make sales:
Reviews are a HUGE component of driving business to your store. To do this, you’ll need to create great product listings with clear photos and descriptions. You should also offer competitive prices and shipping rates.
Write Articles with a Freelance Writing Business
Freelance writing is a great way to make a comfortable living from your writing. Whether you have a passion for writing or you simply enjoy writing for fun, freelance writing can be a great way to make a living from your work.
Copywriting is a type of freelance writing that requires more specialized skills and offers higher ROI for clients. This is because copywriters are responsible for creating compelling and persuasive content that can drive conversions.
How to Get Started:
There are a number of ways to get started as a freelance writer, and the best way to find out is to explore different options. One of the best is using Fiverr or a facebook group to start building up a clientele. Here are a few ways to get started.
What You Can Make:
It’s true that if you want to make $10,000 a month as a freelance writer, copywriting is the easiest example to imagine. You could really make that amount of money in as little as 20 days by finding high-paying clients and working hard.
However, don’t forget that there are many other ways to make money writing – it just might take longer to see those larger paychecks come in.
Build a Coaching Business with Clients
An online coach is a professional who provides guidance and support to clients through online communication tools such as email, chat, video conferencing, and social media.
What you need to get started:
To become an online coach, you will need to have a strong understanding of your chosen subject matter and excellent communication and people skills. You will also need to be comfortable using technology for communication and delivery of coaching services.
How to find clients:
There are many ways to find clients for your online coaching business. You can promote your services through social media, word-of-mouth marketing, or by setting up a website or blog. You can also search for potential clients on freelancing websites or job boards. Once you have found potential clients, you can reach out to them directly to discuss their needs and how you can help them achieve their goals.
How to get paid:
As an online coach, you can charge your clients hourly rates, per session rates, or monthly subscription fees. You can also offer discounts or free trials for new clients. When setting your prices, be sure to consider the value you are providing and the time commitment required from both you and the client.
Engage in a social media management
A social media manager is a professional who helps businesses grow and interact with their customers through social media.
Social media managers typically create and post content, monitor and respond to comments and messages, run ads, and analyze data to track results.
How to get started:
If you’re interested in becoming a social media manager, the first step is to learn about the different platforms and what businesses use them for. Then, create a portfolio of your work and start applying for jobs.
How much you can make:
Social media managers are in high demand and can charge the low-end $1,000 per month per client. This can add up quickly for those with a few clients. Additionally, social media managers are often needed to help with other marketing tasks such as creating or managing ads, email campaigns, or even developing content calendars.
Drop shipping is a business model where you don’t keep any inventory and instead outsource the production of products to a third party. When someone orders a product from your store, you simply contact the supplier and have them ship the product directly to your customer.
This is a great way to earn passive income, as you don’t need to do any of the work yourself. You can also hire freelancers to do all of the low-value tasks for you, such as customer service, order fulfillment, and marketing.
How to get started:
There are various drop shipping courses that can help you get started with this business model. These courses will teach you the basics of how to find products, set up your store, and start making sales.
Pros of Dropshipping
Dropshipping is a great way to get started in eCommerce. It’s simple to set up and you don’t need to invest in any inventory. You can also use dropshipping to test new products and strategies before investing in them.
Cons of Dropshipping
The cons are that you have to be very careful with your inventory and you don’t have a lot of control over the order fulfillment process.
Dropshipping is also not a very scalable business model because you are limited to what products your supplier carries and how many they can provide.
Amazon FBA is a service that allows you to sell products on Amazon.com and fulfill orders through the Amazon fulfillment center.
For example, Amazon FBA is an online store that Amazon handles a lot of the stuff that causes headaches for most e-commerce store owners, such as shipping and customer service. This means that store owners can focus on more important aspects of their business while still benefitting from Amazon’s massive user base.
Customers are more likely to buy from you if they see that your product is eligible for Prime shipping.
How it works:
You send your products to Amazon’s fulfillment center, and they store, pack, and ship your products for you. When a customer orders one of your products, Amazon will pick, pack, and ship it to the customer’s address.
You don’t have to worry about storage or shipping – Amazon takes care of all of that for you. Your products are eligible for Prime shipping, which means they’ll get to customers faster.
Affiliate marketing is when you promote other people’s products and services to make a commission. The easiest way to get started with affiliate marketing is through Amazon.
You can sign up as an Amazon Associate for free and then use the Amazon Associates link generator to create links for the products you want to promote. Amazon will pay you a commission on anything that is purchased through one of your links, even if it isn’t something that you promoted.
What to Promote:
Well, it depends on your niche of expertise and your platform. It is best to promote products and services that you have used or researched to know the benefits are worth it to your readers.
How to Promote
You can also create your own blog and promote products through it, or set up a Facebook page to do the same thing. Instagram influencers are great with affiliate marketing as well.
How Much You Can Make:
The best part about affiliate marketing is that you don’t have to create a product, or even write about it. You just need to drive traffic from one site (the affiliate site) to another (the merchant’s site). The amount you can make is limitless.
Make a Salary Off Flea Markets
There are many ways to make a salary off flea markets and search through other people’s junk. It is completely possible to make an income from selling items online.
You can start by finding a market that you are interested in and looking for items that are in high demand. Then, you need to know what to look for when you are shopping. When you are ready to start selling, you will need to find a place to sell and know your profit margins.
How to Get Started:
It takes a little bit of time to set up the necessary infrastructure, but once you’re up and running it’s relatively easy to maintain and grow your business. There are a variety of tips and tricks you can use to increase your sales and profits, including choosing the right products to sell, pricing your items competitively, and marketing your business effectively.
How to Make Money
Though it may be difficult, making a living off of flea markets is not impossible. In order to make the most money possible, it’s important to take a strategic and well-planned approach. This includes choosing the right products to sell, setting up an attractive booth, and marketing oneself effectively. With hard work and some luck, it’s possible to make a comfortable salary from selling items at flea markets.
Invest Your Money to Make More
Investing is the act of allocating resources, usually money, with the expectation of generating an income or profit.
The first step is to understand what you want to achieve with your investment.
Once you know your goals, you can start researching different investment options and choosing the one that best suits your needs. It’s important to remember that there are risks involved with any type of investment, so be sure to do your homework before making any decisions.
Learn all the best ways how to invest 10k.
What to consider:
When considering an investment, there are a few things you should take into account: risk tolerance, time horizon, and potential return. You’ll also want to research the fees associated with different investments before making a decision. Keep in mind that higher returns typically come with higher risks.
Pros of investing money:
Some pros of investing include the potential for earning income or profits, as well as the possibility of growing your wealth over time.
Cons of investing money:
On the flip side, there are some risks associated with investing, such as the loss of principal or earnings if the market takes a downturn.
How hard is it to make $10k a Month?
There is no one-size-fits-all answer to this question, as the amount of work required to make $10,000 a month varies depending on the individual’s circumstances and career path.
However, in general, making $10,000 a month requires a significant amount of hard work and dedication.
For example, someone who is self-employed may need to put in long hours to build up their business before they start seeing a return on their investment. Similarly, someone who is employed by someone else may need to put in extra effort to stand out from the crowd and get promoted.
How much money is required:
Again, there is no definitive answer as the amount of money required varies depending on the individual’s circumstances. However, in general, making $10k a month usually requires having a good income from employment or from other sources such as investments as you build your side hustle. It’s also worth noting that saving up enough money to live on while you’re working towards your goal can also be helpful.
Also, spending money on online courses to jumpstart your process is helpful!
How long does it take:
The time it takes to make $10k a month also varies depending on the individual’s circumstances. For example, someone who already has a well-paid job may only need to save up for a few months before reaching their goal, whereas someone who is starting their own business may need to work for several years before seeing a return on their investment.
How to make $10k a month FAQs
Many people are interested in earning a high income, but they don’t know how to get started. In this section, we go over many of the frequently asked questions.
How to make $10000 a month from home?
There are many ways to make money from home. You can start a blog and sell advertising, write eBooks and sell them online, or even start a YouTube channel and sell products through affiliate marketing.
The amount of money you can make from home will vary depending on the method you choose. For example, if you start a blog and sell advertising, you could make a few hundred dollars per month starting out. However, as you grow and expand into other niches like affiliate marketing, you could easily make over $10,000 per month.
Tips for success:
No matter which method you choose to make money from home, there are some tips that will help you succeed.
- First, be sure to choose a niche that you are passionate about so that writing or creating content is not a chore.
- Second, be consistent with how you plan on making money from home.
- Finally, invest in online courses to jumpstart your learning.
What are some tips for making $10,000 a month?
In the past few years, there has been a shift in how people get rich.
People are now making money six-figure salaries by doing what they love and starting their own businesses or becoming influencers.
Here are the best tips to make sure you have success in how to make 10k a month.
Tip #1 – Set a Goal
Setting a goal is important because it gives you something to work towards. It can also help motivate you to take action and stay on track.
When setting a goal, it is important to be specific and realistic. You should also make sure that your goal is measurable so that you can track your progress.
- Enroll in online course to expand your earning potential
- Earn an extra $500 per month from side hustles
- Have your side gig income to take over your 9-to-5 income
- Be able to retire and enjoy time freedom
Tip #2 – Make a Plan
As James Clear, the author of Atomic Habits says, “Many people think they lack motivation when what they really lack is clarity.”
You have to start by making a plan. You can daydream all you want about making $10000 in a month.
Here are a few steps to get you started:
- Brainstorm ideas for a side hustle
- Research the market and start small
- Figure out which online courses to take to jumpstart your learning
- Study. Study. And study.
- Stay consistent with your plan.
However, the best way to find out if a side hustle will work is to start small. You can always build up your business and make more money later on.
Tip #3 – Be Patient
You need to be patient if you want to make $10,000 a month. It takes time and effort to make this much money.
Don’t think you can walk away after a few hours and make $10k each month.
It takes time to be consistent in making $10k month after month.
However, if you put in the work, you can make $10,000 a month.
Tip #4 – Take Action
In order to make $10,000 a month, it is important to take action.
Each and every day, you should be working on something that will help you reach your financial goals.
Whether it is watching a Youtube video, listening to a podcast, or actually putting reach work in.
Taking action will help you reach your goals quickly.
How to make 10k a week
Making 10k a week is definitely possible, but it’ll take work and dedication to see results.
You’ll need to have the right money-making idea and put in the time and effort to make it successful. Additionally, having multiple streams of income can help you reach your goal faster.
Which Income Stream will you choose to Start with?
So there you have it! A few different ways that you can start earning an extra $10,000 a month.
Which one will you choose to start with?
There are many ways to make money quickly and easily, but not all of them are created equal. In this guide, we’ve outlined some of the quickest and most effective ways to make $10k a month.
Choose the option that best suits your skills and interests, and get started today!
Let us know in the comments below.