Most folks want to know how they can make $10,000 per month. It’s a nice round number that places a comfortable lifestyle within anyone’s reach just about anywhere in the country (or the world!).

To you, it may indicate paying off debt, escaping the paycheck-to-paycheck cycle, buying a home, saving for retirement, or simply improving your life and your family’s well-being.

According to the Bureau of Labor Statistics, the average annual wage across all occupations in the United States is about $58,000. If you make 10,000 a month, you’ll be making well over double that figure!

But let’s not kid ourselves here. Learning how to make 10,000 in a month is no simple matter. It will take time. Most likely, it will take you years of planning and training before you reach that point.

If you are determined, it is totally possible for you to make $10,000 a month with your own set of abilities and interests.

Let’s look at all the information you need to know about making $10,000 a month!

What does $10K a month really mean?

Before we discuss how to make $10,000 a month, let’s break that sum down in real terms.

How much is it per day/week/year?

If you want to make $10k a month, how much do you have to make per day or per week? How much will you earn annually?

Considering other factors like taxes and deductions, $10,000 per month works out to:

It can help to break the numbers down this way, so you can make “micro-wins” as you pursue your larger goal of $10.

You can begin by thinking of ways to make an additional $20 per day, $50, then $100,-until finally, your daily earnings is $330+.

$10k a month pre-tax vs. post-tax

This is another important distinction. Do you want to take home $10,000 a month or have that much gross income before factoring in any taxes or deductions? That’s the difference between your pre-tax and “real” pay.

Earning a pre-tax salary of $120,000 a year gives you an after-tax income of $10,000 per month, but your take-home pay will be less.

Your after-tax income will be about $81,000 to $91,000 if you are single filer. That works out to a monthly take-home amount of around $7,500 to $7,600. Your wages may be significantly less if you have health care deductions taken out.

If you want to be capable of making 10,000 dollars a month in a way that actually puts that much in your pocket, you might need an annual salary of around $150,000 or more after tax.

For the purposes of this article, we will be discussing how to make 10,000 per month pre-tax.

Why $10k a month is different for everyone

Whether we’re talking about pre- or post-tax figures, there are a lot of other elements that can influence what $10,000 per month means for you.

Are you in an individual- or dual-income household? If you have two income earners, it may make it easier to reach your goals-whether it is each making $5,000 per month or separate incomes.

If you own or support lone parents and have no other family to provide financial support to, it’s entirely up to you to determine how to make $10,000 per month.

Another thing that you should consider is that $10,000 a month does not go as far as that for everyone. For instance, you may have children or an aging parent, so you aren’t just covering your own costs or those of a spouse.

But perhaps the most significant factor is location.

You could earn $10,000 or more a month in Silicon Valley while living in a closet in LCOL areas. You could afford a mansion, but watch out for lifestyle inflation.

4 best methods for how to make $10k a month

Next, let’s address our finances problem: how to make the money! As you can see, there is no single solution.

I’ll explain how to earn $10,000 per month below. It’s up to you which approach you pick or, if you want to combine a greater number of methods, to hustle even harder!

1. Train for a high-paying career

For those who want a straightforward road map, this is most likely the surest path to making $10,000 per month. Work for a high-paying job, obtain the proper training, and climb the career ladder, thereby improving your skills and earning promotions and promotions along the way.

Here are some of the highest-paying industries you can work in and examples of roles that put you into the ballpark of $120,000.

This should be a surprise to no one. Doctors spend many years in medical school and incur enormous student debt, but they end up earning some of the best average salaries in the United States.

There are plenty of lucrative jobs outside of the field of medicine, too.

Since our goal is to earn $10,000 per month, we won’t try to claim the top spot (for instance, cardiologists and surgeons).

If you want to help other people, this may be the perfect field for you. You could enter it with a traditional nursing degree, then pursue a graduate degree to become a nurse practitioner or PA.

The technology industry is another major source of high-paying careers. The beauty of tech is that there are so many different avenues you can take, and the work is remote-friendly. This will allow you to gain a high income from the comfort of your home base in LCOL cities or towns!

How To Make $10K
How To Make $10K

You can set up a self-training plan and formally prepare for a technology degree or a coding and technical skills training course. Then, you can work your way up to more senior roles as your experience and qualifications increase.

Are you interested in working with people? Sales are a field where your income is directly related to your success because your base pay is often supplemented by commission.

Here are some top sales salaries:

Since these tasks are highly variable, it’s difficult to determine average numbers. The most talented representatives can regularly make around $10,000 or more by challenging themselves to unusual feats. Here are some tips for getting your feet wet in the field if you have no experience.

When we think of the highest-paying professions, doctors and lawyers typically come to mind. Learning how to command $10,000 per month is simpler in lucrative fields such as medicine or law.

Not all lawyers earn millions of dollars. Some remain near the bottom of the income distribution.

In the vast majority of cases, the path to top legal careers requires attending law school, passing the bar and gaining experience as a junior attorney first.

However, there are some states where you do not have to complete law school before taking the bar. Instead, they require a mixture of education and apprenticeship training.

There are many other jobs paying $120,000 or more, so you aren’t limited to only four industries. Even without a degree, you can learn sought-after skills that qualify you for high-paying careers.

2. Work a day job plus one or more side gigs

This approach requires a mixture of work. Perhaps your regular career gets half of you closer to $10,000, and you do part-time work at night or weekends to finish the job. That way, you won’t have to attend years of more schooling/training to be able to earn 10000 a year.

Side jobs could be physical work or less strenuous tasks that make $10,000 per month by working on your feet.

Selling and promoting your web design, writing, graphics design, and software development skills to online clients.

Creating a blog and monetizing it via sponsorships, advertisements, and affiliate revenue.

Assisting a business owner with day-to-day logistics such as sending and receiving emails, updating records, and so on.

Displaying your craftsmanship to others or businesses in your subject area.

You can select from a plethora of taxi apps, such as Uber or Lyft, grocery store delivery apps such as Instacart and DoorDash, restaurant delivery apps such as UberEats and GrubHub, and countless other options.

This part-time job can be worked around evening schedules and on weekends, and the money can truly add up.

If you enjoy dogs and walking, this part-time job will keep you active, and you can manage it through apps like Rover and Wag!

You can start a meal delivery service on weekends, cook in your home as a personal chef on weekdays, sell baked goods at farmer’s markets, etc.

These unique side hustles make real cash! For more, see these unique tasks that generate income.

3. Start your own business

If your skills, ideas, and interests line up with the needs of your target demographic, it may only be a brief leap to transform a side project into a profitable full-time endeavor. If your market research indicates you could make at least $10,000 a month in profit, this could be your path.

Some of the best business opportunities for women include selling bottled drinking water.

Entrepreneurship is a difficult endeavor, but it is an effective way to recapture your earning power. (Moreover, you are the one assuming all the danger, so make sure you have a thorough plan.) Start a company from scratch and draft your business plan.

4. Build multiple passive income streams

The ultimate goal is to earn substantial profits without doing any work yourself. Passive income involves setting things up initially and then you letting them run on their own much of the time.

You earn a portion of the money, your money earns a portion of the moneyâ—dream team! It makes the question of how to make $10,000 a month simpler.

Some of the most effective passive income ideas are:

Frequently, passive income methods need your attention to update your application, market your book or other tasks. But it usually won’t be anything like a full-time job or even a part-time job, so it’s terrific for efficiency!

Start your journey to $10K a month!

What are some suggestions for making $10,000 per month? It’s time to outline a plan for how this can be accomplished.

Try to earn more cash over time instead of trying to go from zero to 100 and ending up discouraged or burned out.

Which job do you prefer, single high-paying career path or the combination of the available methods? Evaluate your own strengths and weaknesses, explore options in your area, and try different approaches to see what works best.


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