What are some of the best jobs that pay $5,000 a month without a degree? There’s a lot of them, and the ones on this list are basically self-employed jobs. These are the kinda jobs that you can start and run on your own while making so much more than $5,000 a month.
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Still, without a degree. They’re not crazy activities to get yourself busy for nothing. Rather, they’re real jobs that you can start and then grow into 5 figures a month (for a few of them) and even 6 figures a month (a very few of them). Here they are.
11 Best Jobs that Pay $5,000 a Month without a Degree.
Blogging is one of the best jobs that pay $5,000 a month without a degree. You don’t need to have a degree to start a blog. And you can make much more money than $5k/month. While it’s not an easy task to start a blog from scratch, you can decide to buy an aged domain name or an already growing website. Both are much more expensive than starting from scratch. However, blogging can guarantee you passive income. Whether you’re sleeping, eating, partying, your blog keeps generating income for you on autopilot.
This is one of the top reasons blogging takes the bigger cake when you talk about cheap online businesses that make a lot of money. It’s cheap to start, and usually costs below $100/year. If you want to get started right now, but you don’t know where to look, this guide is all you need. And there’s no better way to start a blog than right now.
On YouTube, tons of people are cashing in. Funniest thing is that most of these people started with their phones and nothing but a free YouTube channel to work on. Overtime, they gained a lot of traction and they were able to monetize their account in different ways. All of this can happen without a degree. You don’t need to have a college degree to run a YouTube channel that’s making $5,000 dollars per month.
It’s one of the best ways to build passive income online. It’s not the best, but it’s certainly on par with some of the best ways to make passive income online. Realistically, and although this could take years to attain, you can generate as much as $100k/month from a YouTube channel.
3. Amazon FBA.
Amazon FBA also joins the list of the best jobs that pay $5,000 a month without a degree. How so? It’s pure passive income and you start out with a fee to Amazon. What you do is to buy products in bulk from another ecommerce supplier like AliExpress, and then ship the products to your Amazon FBA account so that Amazon automates the selling process for you. Depending on the market demand for your product, Amazon can sell off your items quickly or it could take a lot more time, even more than a month to empty your stock.
While this is a great way to make money passively, you need to have the money to buy products in bulk cheaply, and you need to figure out what products to buy from elsewhere and resell on Amazon for profit.
Dropshipping is a cool way to make money online nowadays. You don’t need a degree to get started, and you can earn over $5,000 a month. The sad commentary about dropshipping is that most people fail at it. So, you’ll need to learn to not fail at it before diving right into it. Dropshipping saves you a lot of stress especially if you’re looking to start an ecommerce business but don’t have the capital to propel the idea.
Right from your home, you can start an ecommerce website and build it to $5,000 per month. If you have the intention of selling physical products, then you’d have to leave your home for sure. Unlike dropshipping, you’re the real supplier and you make the most money from any sale. Firstly, you don’t need a degree to start an ecommerce business. And whatever you want to do with an ecommerce store, marketing will be your garland.
There’s already a saturated market for common products, and it’ll pose less of a challenge to focus on a niche and build fortitude there; maybe you want to start an ecommerce business around jewelry, or belts, or deep fryers. IMO, starting an ecommerce business around virtual products will cost you a lot less money, time, and energy.
6. Freelance writing.
If you’re like me, and you love writing, then you can work as a freelance writer for money. Tons of people on marketplaces like Fiverr are in dire need of your services. What you do is to find them, tell them your rates as a writer, and get the job done. The more good jobs you do, the more positive reviews you’ll get, and the more robust your freelance portfolio will become.
Plus, people will be willing to pay you more the moment they perceive you to be an authority. Freelance writing is great especially if you’re looking for ways to make money without investing a dime, monetarily. You can sign up for free on Fiverr, Upwork, or find freelance writing jobs on Indeed.com.
Personally, I know how to groom hair. Yes, I’m a professional barber myself. And it makes me money everyday other than blogging (that I very much prefer over any other form of hustle right now). Barbering is a moneymaker. And if you’re good at it, you can earn as high as $500/day depending on where you are, how you go about it, and how much you charge per client. If you own a store in a commercial vicinity, then you’d make commercial money, in 4 figures over day.
Maybe not $5k/day, but $1,000/day is obtainable if you’re at the center of the city. But then, if you focus on rendering home services and you carve out a cubicle for your barbering store inside your house, you’d make less money of, say, $200/day (cutting for $100/client). Whether you’re earning $200/day or $1,000/day, you don’t need a degree and you’ll generate over $5,000 a month for sure.
You need to have a good eye for design to make money as a landscaper. And it’s feasible to generate $5,000 a month landscaping. What you do is magical as a landscaper, and in the US, landscapers earn as high as $75 dollars per hour.
Some professionals with a bag of experience get up to $100/hr. Now, if you’re getting 20 jobs a month, and you work 4 hours. That’s $400 dollars in 20 days. The gross income for you? $8,000 dollars. These numbers are conservative. If you commit to becoming a full-time landscaper, then you’ll make more money.
9. Crypto trading.
Crypto trading is one of the self-employed jobs you can do from home. It’s risky, and you can make a profit of $5k/month without a degree. Apparently, anything having to do with trading online is a mix of intelligence and experience. Emotional intelligence, and psychological intelligence.
The crypto market retains the capacity to make you a millionaire. And to make tons of money, you need tons of money to trade it. In today’s world, there’s more than enough tutorials about anything on the internet. You can find a boatload of strategies to trade with. There’s also a demo account on several crypto exchanges for you to test out your trading skills before eventually investing.
10. Stock trading.
Of course there’s not one single academic qualification to start trading the stock market. It’s free to get started, but you need money to trade with. Without a degree, you can consistently and carefully make a profit of $5,000 monthly. Firstly, there’s every need to get conversant with the rudiments of trading the stock market.
If you don’t know anything about trading, then it’s high time you learnt all you can about it. The point is, you don’t need a degree to trade stocks and you can make a profit of $5k/month trading. As a day trader. Or a swing trader.
11. Website flipping.
Flipping websites is more about buying websites, working on the websites to become more valuable, and then reselling them. A simple way to do this is buying a website that’s worth a lot of money with a lot of traffic, and monetizing it. With this idea, you’re not flipping the website. You’re simply monetizing the traffic to get more money than you spent acquiring it.
The part that has to do with flipping is buying a website that’s got a lot of traffic and authority, adding more content to it, building more useful links to it, and then reselling it with a $5k+ markup. With this idea, you can buy a website worth $7k and resell it for $15k after aggressively developing it some more and all in the timeframe of one month.
11 Best Jobs that Pay $5,000 a Month without a Degree – Final Words.
Some of the best jobs that pay $5,000 a month without a degree include website flipping, stock trading, blogging, landscaping, barbering, crypto trading, Amazon FBA, dropshipping, freelance writing, YouTube, and ecommerce. A bulk of these self-employed jobs will require you to stay consistent when working on them. They grow with effort, but primarily, they need time.
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