If you’re looking to learn how to make $50,000 a month, you’re on the right page.
There are several ways to make this happen and some of the realistic ways are what I share on this blog post.
Making $50k a month isn’t the easiest thing to do, and you’ll need to be willing to make moves and put the work in; put in more work than the average joe.
You might not make $50k the very first month of trying out these methods, but with time you could make more.
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With $50,000 dollars coming in every month, you have $600,000 dollars in one year and $1.2 million in 2 years.
Honestly, it’s a lot of money especially if you’re not working any white-collar job to make it.
And tax isn’t taking off like 40% every time.
That being said, here are 21 realistic methods to make $50,000 dollars in a month.
How to Make $50,000 a Month: 21 Realistic Methods.
1. Launch a blog.
Blogging is one way to generate passive income, establish yourself as an authority in a niche or multiple niches, and sell your product or amplify your business (offline or online).
My blog makes some good chunk of money but it’s nothing compared to what some other blogs out there generate monthly (or daily).
So, if you want to make $50k a month, I highly recommend that you start up a blog and grow it from scratch.
Blogging isn’t a get-rich-quick scheme, so don’t be surprised if you’re not making $50,000 dollars in a month after your first few months of blogging.
Just like every other business out there, blogging is a business and it’ll grow with time. And time alone.
Furthermore, the rate at which your blog grows will be determined highly by the amount of work you’re willing to put into it.
If you take it as a hobby, then you’re going to get casual blogging results.
But if you take it as a business and you fuel this business-minded blogging model with consistency and a passion for success, then you’ll get mind-blowing results.
While making $50k a month is a realistic goal with blogging, there’s even a chance to make $100k a month blogging.
IMO, there’s no limit to the amount of money you can make from blogging.
It depends on your perspective, creativity, and your determination for success.
Plus, you should start blogging if you haven’t started already.
The earlier you start, the faster your blog will grow (and mature).
Ready to get started today? Click here.
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2. Affiliate marketing.
Affiliate marketing is one of the best ways to generate passive income on the internet today.
And it’s definitely one of the realistic ways to make $50,000 a month in the real world.
Worry less about the grammar. It’s nothing complex.
Affiliate marketing is simply the art of promoting or recommending other people’s or company’s products to an audience.
When they buy these products, you earn a commission as the marketer.
The more sales you generate as an affiliate marketer, the more money you’ll make (in the form of affiliate commissions).
So, let’s say you’re an affiliate marketer for a digital product that’s worth $400 dollars with a 10% commission rate.
This means you’ll earn 10% of $400 dollars every time someone buys that product.
So, if you generate 40 sales in a month, that’s $40 × 40 (sales), which equals $1,600 dollars in a month.
So, if you want to make $50k a month off affiliate marketing, you just need to reach a wider audience, and get more sales.
As simplistic as this, it can be challenging.
And it can cost a lot of money if you don’t already have a platform like a blog, a YouTube channel or some social media page with hundreds of thousands of visitors, subscribers or followers respectively.
I call these web magnets.
And you’re better off building them for affiliate marketing purposes than spending a ton of money on paid ads to reach your audience.
3. E-commerce.
If you know about Amazon, then you already know what ecommerce is – commerce on the web and it makes life easy for people globally.
Without ecommerce stores, it’ll be impossible to shop online.
Or a lot challenging to have a productive and favorable shopping experience online.
So, yes, e-commerce is one of the ways to make $50k a month, and you’ll need to start your own e-commerce business to get this started with.
The essence of e-commerce is to sell your products to your audience.
If you make these products or you have a store (online or offline) where you buy them cheap, then you’ll be able to sell them online at a profitable rate.
There are multiple ways to benefit from e-commerce without having to go through the burden of shipping, packaging and keeping close tabs on the inventory.
Some of them include drop-shipping (more on this later) and Amazon FBA.
But then, you’ll need a ton of money to make a profit of $50k/month off Amazon FBA just like you would need a lot of capital to make $50k/month in profit if you run your own ecommerce store.
Drop-shipping is cheaper to get into and making $50k/month in profit without spending a ton of money like you would with traditional e-commerce or Amazon FBA is realistic.
4. Crypto trading.
When it comes to trading the crypto market, there’s a lot of money to be made.
Firstly, you need to understand the financial markets and what they’re all about.
Secondly, you’ll need to open up a crypto trading account and learn some of the best ways to trade the crypto market for profit.
It takes time to gain expertise and experience in trading the crypto market.
If you’re a newbie and you want to make $50k a month, crypto trading isn’t for you.
But you can make a lot of money if you choose to learn starting from this moment.
Plus, every millennial and gen Z should learn to trade the financial markets or at least have a background understanding of the financial markets.
Another good thing about crypto trading is the potential for the market to make you rich overnight (just as it can wreck anyone overnight with no risk management strategies in place).
5. Open a laundromat.
Launching a laundromat of your own can be a profitable deal, but then it’s expensive.
If you have the money to set up a business like this, you won’t regret it.
Laundromats on average can generate as much as $500 to $1,000 dollars a day, and this depends on the number of machines you have in there.
Just because the average income per day for laundromats is around $500 – $1,000 bucks a day doesn’t mean you can’t make so much more money.
With more machines, you’ll be able to generate upwards of $2,500 per day.
This is to say that you’ll need to spend more to make more money with a laundromat business.
Plus, the location of your laundromat will also determine the profitability.
So, you can have a mega laundromat that’s poorly situated, and it’ll be less productive than a mini laundromat that’s favorably situated.
The good thing is, you can make $50,000 dollars and more in a month with a standard laundromat that’s situated in a business friendly or commercial location.
6. Launch your franchise.
Owning a good franchise is a great way to make money off the efforts of another company.
If you buy a franchise, you can see results almost instantly.
This is because there’s already brand trust and a market foothold you’ll benefit from.
If you want to make $50,000 a month, buying a franchise is a way out. But this is really expensive.
The bigger the franchise, the more expensive it’ll be to buy them.
If you want to buy a franchise, it has to be one dominant in areas of human needs – food, shelter, clothing, medicine, transportation, water.
Personally, I think buying a franchise is a better idea than starting a business from scratch.
If you start from scratch, it could take years before you’re seeing profits of $50k a month.
Meanwhile, you can see this in your first month as a franchise of some mega company.
Buying a franchise will also save you the cost of promoting your business to gain exposure.
For sure it’ll take years for new businesses to gain a foothold in their various industries.
But not a franchise – instant growth is guaranteed with a good and renowned business franchise.
7. Boutique.
Launch a boutique and grow it into making $50k a month.
This could take a year.
It could take you 5 years to take your boutique from nowhere to $50k/month in profit.
This means you’ll have a higher gross income from sales.
Businesses like this are subject to thrive in the best locations.
So, before looking out to start a boutique, a feasibility study is vital.
The location of the business is everything.
If you don’t get it right with the location, the business will surfer in performance.
Even with a small boutique, it’s possible to do $50,000 dollars a month in sales.
Net profit will be smaller than this, but then it’s a small boutique.
If you can launch a standard boutique from the right location and you also promote your business online with the help of paid ads, then you’ll keep seeing new highs in sales and profits.
8. Onlyfans modeling.
Becoming a model on onlyfans is undoubtedly one of the ways to generate as much as $50,000 dollars a month online.
You can do this by consistently creating videos on the platform and garnering subscribers.
The more people you have as subscribers on Onlyfans, that’s all the more money you’ll make.
Some of the highest earners on this platform generate over $6m monthly.
So, you can do $50k/month and still not be one of the 100 highest earners on onlyfans.
While the OF platform is known for explicit content, there are still normal creators who make a living posting video content that aren’t explicit.
And they have thousands of subscribers.
But to tell the truth, the highest earners are explicit content creators.
People get addicted to their content and it leaves them no choice but to pay the subscription fee every month.
With an average subscription fee of $9.99 dollars, you’ll be at $50k with just a little over 5,000 subscribers.
So, folks with 50,000 subscribers can potentially earn $500k a month.
With more subscribers, you make more money.
And your subscription fee can be higher than $9.99.
Typically ranges from $4.99 to $49 bucks.
9. Website flipping.
Flipping websites is a profitable thing to do if you can fork out the money to buy a website, work on it a little and resell it.
But this time, to make $50,000 a month, you’ll need to have tons of money.
This is an option for you if you’re ready to spend hundreds of thousands of dollars to make even more money.
So, if a website is worth $400k, you can buy it and flip it for $480k or $500k after you’ve done some background work.
Maybe you just need to order some content or put in some more backlinks to make it more valuable and to attract more visitors.
Basically, what you want to do is to make sure the website looks better and earns higher than what it earned before you bought it.
A website going for $400k would generate around $9k per month in revenue (that is $400k divided by 45 months).
If you can take that website to $12k per month, the market value appreciates to $675k (or $15k multiplied by 45 months).
That’s a profit of $275,000 dollars.
If it takes 5 months to go from $9k/month to $15k/month and you sell it off, you would’ve made $50k every month in those 5 months ($275k divided by 5 months).
The idea behind this is to make more money from selling a blog than you did buying it.
And to get to $50k/month doing this, you’ll need to have a portfolio of sites to flip for profit or have a chunk of money to buy 6 figure websites, work on them, and resell them.
10. YouTube.
On YouTube, all you have to do is focus on a niche and consistently push out quality content to make $50,000 a month.
You have to get creative with every video you publish out there, and also get creative with your thumbnails.
YouTube will not start generating passive income for you the very day or month you set out to start your YouTube channel.
The video streaming platform has a very rigid algorithm, and you’ll break through it by staying consistent.
Plus, it’ll also be a booster to put your face in front of the camera and be the voice of the channel.
This will help create trust between you and your subscribers, and you’ll be able to influence their decisions to some extent.
While there are multiple ways to make money as a content creator on YouTube, the traditional way is through ads on your videos.
And you can increase your income by getting more subscribers.
This would mean putting out optimization YouTube videos (with SEO and users in mind) consistently over the long haul.
To generate more money, you can sell your own courses, mention brands and advertisers for a fee in your videos, and promote affiliate products (which is also a big earner for YouTube content creators).
11. Podcasting.
Podcasting is another method on how to make $50,000 a month.
You can choose to start a video podcast or an audio podcast.
In my opinion, launching a video podcasting channel will give you the opportunity to tap into the audience base of platforms like YouTube for exposure.
But if you already have a huge social media follower base or you have a blog that gets tons of traffic per month, then you can create audio podcasts.
Depending on the method of monetization you deploy for your podcasts, reaching $50k a month can be a reality or a fantasy for you.
But then, some of the best ways to monetize your podcasts or vodcasts for maximum income include brand sponsorships, affiliate products promotion and recommendation, and own-product sales.
There’s a ton of money to be made with podcasts, but you need an audience first.
With vodcasts, you can harness video streaming platforms and social media paid ads to push your video-casts.
12. Grocery store.
If you have enough money, you can set out to launch a grocery store.
However, the income you can realize from this business will be determined by the location and the size of the business.
The bigger your grocery store, the more money you stand to make if it’s well situated or situated in a commercial and a business friendly zone in the city.
However, it costs a lot of money to launch a grocery store and you can’t do it alone.
You’ll need to surround yourself with a team; people who aren’t new in the business of planting or developing grocery stores.
To start a grocery store regardless of the size, it’ll cost anywhere from $50k to $300k+ dollars.
But then, the ROI is just insane.
A grocery store is an asset that you can launch if you’re seeking to establish money-making systems offline.
Plus, this can take you beyond $50k a month.
It’s expensive, and probably has the juiciest ROI around here.
13. Drop-shipping.
Drop-shipping is one of the most realistic ways on how to make $50k in a month, but it doesn’t grow instantaneously.
Generally, it takes time to grow a drop-shipping business just like it takes time to grow any other kind of business.
Firstly, there’s a need for you to understand what drop-shipping is and how it works.
Without a proper understanding of how drop-shipping works or what drop-shipping is, there’s absolutely no way you’ll make money off it.
Alternatively, you could pay some drop-shipping expert to start and grow an income generating store on your behalf – which would be really expensive.
You need to understand that there are some products that are best for drop-shipping, and some products that aren’t viable products for drop-shipping.
Basically, drop-shipping is ecommerce, but you don’t do any of the inventory maintenance, packaging and shipping.
You’re basically a middleman with a drop-shipping store.
Once you’re able to get the grasp of things with drop-shipping, it’ll be easy to repeat the process.
Nobody said it’s easy.
It’ll take time to start getting profits of $50,000+ every month and you’ll be reinvesting into your drop-shipping business to maintain the growth.
14. Forex trading.
Forex trading is something I’m learning a lot about now.
And honestly, it’s cool.
If you have the passion to make money and to live above what’s obtainable on the average, then forex trading is something you should be interested in.
In trading the forex market, you’ll have to dedicate some time to learning and unlearning – and practicing too.
So, this isn’t something that you get into just to make money quickly.
True, it’s one of the best ways to make $50k a month, but then, it’s got to do with the risk of losing money quickly just like you can earn pretty quickly.
Forex trading can change your life.
But you need to understand the basic and advanced concepts of trading the markets.
The very first thing you should understand is the workflow of the financial markets – what the financial markets are and how they work.
Then you can focus on forex (which is one of the financial markets).
The amount of money you can make from trading the forex market will also depend on the size of your trading capital.
So, the more money you’ve got to trade with, the more profit you can make potentially.
15. House flipping.
If you want to make $50k a month, house flipping is a way to make this happen every month.
However, you’ll need to have an enormous amount of money to get started.
But if you don’t have the money, then you can become a broker. I’ll explain this even more on these two fronts:
- Broker: As a broker, you can come into the real estate space with little to no money. You don’t have the money to buy a property, but you can peer buyers and sellers to make a deal. And then you keep a commission off the transaction.
- If you’re able to build trust with time and you’re able to build your brand as a real estate broker, then clients will be able to send you 6 or 7 figures to acquire a property on their behalf.
- Homeowner: This is when you have the money to buy a property for yourself and then resell the property to keep a profit. It’s a really hot business, and house flipping is a hot cake. The more money you have to buy properties, the more money you’ll be able to make from flipping the properties. Plus, if you’re able to buy properties worth millions, the profit could make hundreds of thousands from flipping it.
Getting into the real estate space as a broker is cheap and you don’t need to have a dime to get started.
But then, it’ll be a while before you’re able to ladder up the pedestal where you’re making $50k a month from deals between homeowners.
On the other hand, getting into the real estate space as a property buyer with a lot of money is a game-changer because you stand to make money.
You’ll be able to buy properties on distressed sale and resell them for massive profits.
Plus, you’d tap into emerging real estate property development opportunities.
And overall, you’d be able to quickly build both your client base and business circle.
16. Binary options.
In the real world, if you want to make $50,000 a month, you can get there by trading the binary options market.
However, this is a very risky thing to do if you’re not versed in this field.
If you know nothing about trading binary options, then this isn’t your gig and you’ll need to spend some good chunk of time to acquire the requisite knowledge.
Compared to other kinds of financial markets on the internet, binary options trading is more risky and this is because it’s a win or loss market.
You lose or you win.
There’s no room to take away some wins and there’s no feature to take a stop when you’re on the losing bench.
Once you execute a trade, the trade goes on until it meets the expiry date.
But then, if you’re good at trading this market, you’ll be able to make money whenever you want to.
There’s no 100% guarantee for wins and this is a norm.
You will not always win.
Sometimes you’ll lose more but you’d be in profit if your risk to reward strategy is robust.
Secondly, you have to make sure you’re trading with the best brokers in the binary options sphere so that you don’t fall victim to fraudulent brokers.
17. Twitch live streaming.
It’s fun to live stream on Twitch. I’ve never done it; I don’t feel like I can do the video thingy.
But I’ll get there some day where I feel like getting in front of the camera.
In the meantime, I’m good at writing and keeping my face off the camera.
Live streaming on Twitch is a method to generate passive income, but your success along the path will be fueled by passion and consistency.
So, you’ll need to learn exactly how to go live on Twitch and how to get more audience.
There’s a strategy to getting seen and making money on Twitch.
The more subscribers you have, that’s potentially the more money you stand to make and this is because you earn on Twitch by subscriptions, bits and ads.
Although Twitch is really similar to YouTube in terms of purpose and service, YouTube holds a higher earning potential for creators.
With that said, you can harness Twitch and YouTube for more money; more passive income.
18. Course sales.
Regardless of what you know right now, you can create a course and sell it online.
This is one of the ways on how to make $50k a month and it works like magic.
If your course is good enough, you can record really high sales with income that can make your jaw drop.
So, it’s all about the content of the course and the value you’re aiming to serve.
While creating a course can generate a lot of money passively for you, you’ll need to take your mind off the money aspect and focus on providing real value through your course.
Value comes first and then people will open up their wallets to you.
This will be a viable approach to making $50,000 dollars a month if you have an audience online already either on your social media page, your YouTube channel or your blog.
Or you have some money to spend on paid ads on social media.
But then, nothing beats an organic audience.
19. Programming.
If you’re an expert in this field, then you have a skill that millions of people around the world are willing to learn and pay for.
So, there are many ways to make money as a programmer, and yes, programming is one of the ways to make $50,000 a month.
If you’re good at programming, then there are a couple of things you can do to make money.
The first and most obvious way to make money as a programmer is to work online as a freelancer.
Freelance programming can earn you anywhere from $500 bucks to more than $10k, and this depends on the complexity or the nature of the project in question.
Plus, freelance programming isn’t passive income (and certainly isn’t my favorite way to make money as a programmer).
Secondly, you can make money from taking remote jobs online.
This is similar to working as a freelance
but then you’re more stationed and you’re employed but you’ll be working from home or wherever you want to.
Thirdly, and this is the method that can take you to $50k a month; you can create an information product about programming and sell it online to your audience.
This will work 100% if you already have an audience online or if you have a platform like a blog or a YouTube channel that’s dedicated to programming.
20. Bitcoin mining.
Now, mining Bitcoin consumes a lot of energy and there are different tech devices that you can deploy to make Bitcoin mining a realistic approach to making $50,000 in a month.
The good thing about this is that there is a dedicated software to mine Bitcoin, and with this software you can integrate the tech devices just to amplify the mining speed and output.
However, the entire process of mining Bitcoin is expensive.
To get profitable, you’ll need to get more than one Bitcoin mining hardware device.
You can even start your own Bitcoin mining farm with hundreds or thousands of these machines.
You know you’ll get the capital and profits back in no time.
Doing this can take you to $50k a month.
You don’t need to have a Bitcoin mining farm if you can’t afford it.
But a couple of good Bitcoin mining hardware/devices can get the job done.
The more expensive the hardware, the less electricity it’ll consume and the more output it’ll yield in terms of the amount of Bitcoin it can mine in a day.
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21. Social media influencer.
As a social media influencer, you have an edge.
You have the power to basically influence the decisions of the followers you have.
But how can you make $50k a month doing this?
You can promote affiliate products or recommend them to your followers, sell your products or courses, and also work with brands and advertisers to post sponsored content on your page.
Depending on the number of followers you have and their rate of engagement, your income can be 3 figures a month or high 6 figures a month.
It really depends.
But the whole point is that becoming a social media influencer is one of the ways on how to make $50,000 a month.
The only challenging part of this is becoming a social media influencer; it’s a lot of work.
But you can pull through by being passionate about consistent and creative content creation on social media
How to Make $50,000 a Month: 21 Realistic Methods – Final Words.
Making tons of money as much as $50k a month is a big deal.
Maybe it’s not a big deal for billionaires like Mark Cuban or Elon Musk, but it’s surely a big deal for you and you can move up from $50k/month to $500k/month and then to $1 million per month.
C’mon, these things happen and you just need to know how to make it happen for you.
Some of the best ways to make $50,000 dollars a month in today’s world include Bitcoin mining, social media influencer monetization, live on Twitch, programming, course sales, forex trading, and binary options trading.
More methods include house flipping, podcasting, drop-shipping, launching a grocery store, onlyfans modeling, YouTube content creation, launching a boutique, website flipping, launching a franchise, crypto trading, ecommerce, affiliate marketing, launching a laundromat, and blogging (which is a top pick for me).