How can I make $80,000 a year without a degree?
Me: Honestly?
C’mon, there are several ways for you to make even up to $100k a year (and a month too) without having a degree.
What you’ll need to understand however is that these methods aren’t get-rich-quick schemes that will make you tons of money quickly.
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Although some of them will make you quick money but at a higher risk.
So, this blog post lists the proven ways to make $80k a year even if you don’t have a degree. Here’s your list.
How Can I Make $80,000 a Year without a Degree? 10 Realistic Ways.
1. Start a blog.
Blogging is usually one of the most fun things I do nowadays.
Plus, it’s one of the ways on how to make $80,000 a year without a degree.
You don’t need to have a degree from any college or university to start a blog. And as a blogger, you can make more money than you could’ve ever made.
So, when it comes to blogging, consistency is key. You can start a blog and get to the top of Google within a month.
Yep, we did it with a brand new blog and it started getting some traffic on the 8th day of creation.
This is because of a working strategy that’s been working for me. And it was easy to replicate it.
Moving forward, it’s possible to make $80k/month with a blog if you’re really smart and you’re a diehard consistent blogger.
You just need to focus on what’s working. And it takes time. Doesn’t happen overnight.
It can take a couple of years to reach $80k per year, and then even a few more years to reach $80k per month (still without a degree).
I love blogging because the income is mostly passive. And if you’ve not started your blog already, now’s the best time to start it.
You can build it in the background of your life while keeping a full-time job until it’s making enough money for you to call it quits with your job.
Want to start blogging profitably? Click here.
2. Learn video editing.
Video editing is one of the most sought after skills in the online world today.
People, brands or businesses are in need of video editors to create videos for them for different purposes.
So, if you’ve got this skill (as a video creator and editor), then you’ll be able to tap into multiple sources of income including freelancing, course sales (later on this), and even create content online on video streaming platforms like YouTube for monetization or passive income purposes.
As a good video editor, you can take freelance gigs online to make money.
You can create a good video editing or video creation course and sell it online to generate passive income.
Lastly, you can start a YouTube channel or capitalize on other video streaming platforms to make more money.
It’s surely one of the ways to make $80,000 a year, and you don’t need to have a degree to do this.
3. Launch a Twitch account.
Live streaming on Twitch is most favorable if you’re a gamer.
If you love games, then you just need to get the apparatus you’ll need to stream while you play games.
With time, you’ll garner subscribers and eventually start generating passive income.
Is this a way to make $80,000 a year without a degree? Definitely it is.
Some of the highest earning Twitch creators make more than this in the first quarter of the year. You start generating real and good income the moment you start getting subscribers.
Then all you’ll need to do afterwards is to put in more effort towards what’s working for you.
4. Do affiliate marketing.
When it comes to affiliate marketing, there’s no limit to how much money you can make.
Although the space is getting saturated now and there are thousands of affiliate marketers promoting the same product you’re looking to promote. Hundreds of them if not thousands.
So, the best practice is to do it in the most creative ways you can.
Affiliate marketing is all about promoting affiliate products and earning commissions when people buy the products you promote using your genuine affiliate link (or URL).
So, the more sales you generate as an affiliate marketer, that’s the more money you make in the backend of things.
The point is, affiliate marketing is definitely one of the ways you can make $80,000 a year without a degree. And you just need to learn how to do it best.
5. Create your course.
Now, if you want to know how you can make $80,000 a year without a degree, one of the most realistic ways include selling valuable information products that you own.
If you know something pretty well, you can create your own course and sell it to the people online with interests in learning and knowing the same thing you know.
The more quality your course is, that’s the more profit you’re definitely going to get from selling it online.
So, if you’ve got to create a course, make it ultra quality.
You’ll reap the rewards in the long run. Selling courses can generate 6 figures every month for you.
And this is especially more realistic and easier if you’ve already got an audience online.
6. Programming.
If you’ve got a good programming skill, then you can work as a freelancer online and get into other lucrative activities like getting a remote job to make $80,000 a year without a degree.
Looking at $80k a year, this would mean earning $6,700 dollars every month.
As a Freelance programmer, you can make this and even more money in a month. But you’ll need to start from somewhere.
It’s not an easy feat to earn $6,700+ consistently and even more than this in a month especially if you’re a newbie freelance programmer.
But then, if you’re really good, it won’t take long before you’re getting gigs consistently.
You can do freelancing while keeping a remote job as a programmer to earn more money.
To find high paying programming gigs, check out websites like Upwork, Guru, Toptal, and Hired.
You can search for remote jobs on Indeed, LinkedIn, WeWorkRemotely, and RemoteOK.
7. Write online.
Online content writing can happen in many ways for profit, and some of the things you can do as a writer online include freelancing, email marketing, ghostwriting, writing for websites that pay, creating ebooks.
So, all of these are some of the things you can do to make money online as a writer.
Plus, you can make $80,000 dollars a year without a degree just writing online in different fashions of it.
You can write as a freelancer, write for websites, write email copies and do copywriting, write ebooks to sell on places like Amazon Kindle, Lulu, or Apple iBooks store.
8. Trade stocks.
Stock trading is simply trading the values of publicly traded companies around the world.
You basically buy and sell stocks for profit.
While this is something you’d have to dedicate some huge chunk of time to learn, it’s one of the most realistic ways you can make $80,000 a year without a degree.
To trade the stock market, you’ll need to be good at trading.
You’ll also need to have a solid understanding of the financial markets in general.
Stock trading is also one of the ways to make money fast when you’ve got the right set of skills and some capital to start with.
9. Understand binary options trading.
Trading binary options is something you can do without a degree to make $80,000 dollars a year.
You can start doing this from your home or from anywhere you’d like to.
But then, you’ll need to understand exactly how the binary options market works and how to effectively trade it.
If you’ve got no idea how to trade binary options, you’ll mostly end up losing money rather than making it.
So, yes, binary options is one of the ways to make $80,000 a year without a degree.
Invest some time to learn it before moving on to invest or trade for profit.
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10. Start a physical business.
With a physical business of your own, you can make $80,000 a year and you wouldn’t need to have a degree to start up a business like this.
There are tons of businesses you can start to make money, but you need to have the capital size intact to both launch and maintain whatever business you start off.
Another very important factor that’ll determine the profitability of your business other than just the size of it, is the location.
The business location is everything.
The point is, with a good physical business, you can make $80,000 a year in pure profits without a degree.
Some of the businesses you might want to start or you might want to consider include:
- Bakery
- Wholesale store
- Grocery store
- Mini mart
- Car detailing center
- Food truck
- Gym house
- Music school
- Laundromat
- Check cashing center
There are other businesses that you can start up with a fat capital to make up to $80k per year without a degree.
How Can I Make $80,000 a Year without a Degree? 10 Realistic Ways – Final Words.
Final note, if you’re asking how you can make $80,000 a year without a degree, some of the methods to make this happen include starting a physical business, trading binary options, trading the stock market, writing online as a freelancer and more, affiliate marketing, blogging, video editing, streaming live on Twitch, programming, and course sales.
$80k/year equates to a monthly income of $6,700 dollars.
You could make more with these methods.