6 answers
jose
Student
Rock Hill, South Carolina
1
Question
Asked
661 views
how do I make 100k plus every month?
how do I make millions I want to make insane amounts of money per month 100k plus
6 answers
Kim Igleheart
Career Counselor | Police Officer
1728
Answers
San Antonio, Texas
Updated
Kim’s Answer
Jose,
I cannot answer your question, but, I have a question for you. Why? Why do you want to make so much per month?
As you get older, you will come to realize that time is more precious than money, and, unfortunately, sometimes one cannot have both. My company was surprised when people stopped volunteering to work overtime. At first they gobbled it up, but, then they stopped. Why? Because in those first few months, they saved up enough money to go on vacation, buy their kids nice Christmas presents, etc. and now they wanted to spend some time with their families, enjoying that money!
The best way to have both time and money is to have your money working for you while you do nothing. That could be through investments, such as the stock market, buying real estate, such as owning an office building or hotel or something and hiring someone to manage it for you, etc.
Of course, this doesn't answer the question of how one amasses that kind of money. One thing that can help you reach that goal is to live frugally. Don't buy all the latest fashions, flashy cars, etc. Cook your own meals.
There is a movement called FIRE - Financial Independence, Retire Early - which may be of interest to you. You can read more about it here: https://www.investopedia.com/terms/f/financial-independence-retire-early-fire.asp#:~:text=Financial%20Independence%2C%20Retire%20Early%20(FIRE)%20is%20a%20financial%20movement,withdrawals%20from%20their%20accumulated%20funds.
hope this helps!
I cannot answer your question, but, I have a question for you. Why? Why do you want to make so much per month?
As you get older, you will come to realize that time is more precious than money, and, unfortunately, sometimes one cannot have both. My company was surprised when people stopped volunteering to work overtime. At first they gobbled it up, but, then they stopped. Why? Because in those first few months, they saved up enough money to go on vacation, buy their kids nice Christmas presents, etc. and now they wanted to spend some time with their families, enjoying that money!
The best way to have both time and money is to have your money working for you while you do nothing. That could be through investments, such as the stock market, buying real estate, such as owning an office building or hotel or something and hiring someone to manage it for you, etc.
Of course, this doesn't answer the question of how one amasses that kind of money. One thing that can help you reach that goal is to live frugally. Don't buy all the latest fashions, flashy cars, etc. Cook your own meals.
There is a movement called FIRE - Financial Independence, Retire Early - which may be of interest to you. You can read more about it here: https://www.investopedia.com/terms/f/financial-independence-retire-early-fire.asp#:~:text=Financial%20Independence%2C%20Retire%20Early%20(FIRE)%20is%20a%20financial%20movement,withdrawals%20from%20their%20accumulated%20funds.
hope this helps!
Sikawayi Williams
Counselor
227
Answers
Hampton, Virginia
Updated
Sikawayi’s Answer
Hello Jose, thank you for your question. I do not know of any legal careers that pay that kind of money per month however, you can look into finical magazines that provide websites for opportunities to get rich quick. I feel obligated to information you that the people who advertise in those magazines are not endorsed by the magazine they pay a fee in order to buy space for their ad. Best of luck
Pamela Taylor
Retired teacher
37
Answers
Mansfield, Ohio
Updated
Pamela’s Answer
https://www.thepennyhoarder.com/make-money/career/highest-paying-jobs/ This article shows the highest paying jobs in 2022. I would peruse them. Most take a doctorate. Good luck!
Atul Bhankharia
Sales
475
Answers
Mount Laurel, New Jersey
Updated
Atul’s Answer
Only corrupt politicians make this kind of money but they wind up going to prison sooner than later.
James Constantine Frangos
Consultant Dietitian & Software Developer since 1972 => Nutrition Education => Health & Longevity => Self-Actualization.
6084
Answers
Gold Coast, Queensland, Australia
Updated
James Constantine’s Answer
Dear Jose,
Career Spotlight: Financial Analyst
Financial analysts are skilled professionals who steer businesses and individuals towards sound investment choices. They evaluate the performance of various investments like stocks and bonds. These experts typically find employment in banks, insurance companies, mutual funds, and pension funds. To become a financial analyst, a bachelor's degree in finance, accounting, economics, or a related field is usually necessary. According to the U.S. Bureau of Labor Statistics, the median annual wage for financial analysts stood at $85,660 in May 2020. However, earnings can fluctuate depending on factors such as experience, education, location, and the specific industry.
Financial analysts often command high salaries due to their proficiency in dissecting financial data and offering valuable insights to clients or employers. As they amass more experience and expertise, financial analysts can look forward to career progression and increased remuneration.
To sum up, being a financial analyst is a lucrative career option that promises competitive pay and growth opportunities in the financial sector.
Top 3 Trusted References Used:
U.S. Bureau of Labor Statistics (BLS): The U.S. BLS is a federal body that furnishes data on employment, wages, and other labor-related statistics in the United States. It is a trusted source for statistics on various professions, including salary details for financial analysts.
Investopedia: Investopedia is a premier online resource for financial content, offering educational materials on investing, finance, and market analysis. It provides insights into various finance careers and salary scales in the industry.
Glassdoor: Glassdoor is a platform where current and former employees can anonymously review companies and their management. It also offers salary data based on self-reported information from employees across various industries and roles.
These references were used to ensure the provision of accurate and trustworthy information on lucrative careers in the financial sector, with a particular focus on the earnings of financial analysts.
Stay Blessed!
James Constantine Frangos.
Career Spotlight: Financial Analyst
Financial analysts are skilled professionals who steer businesses and individuals towards sound investment choices. They evaluate the performance of various investments like stocks and bonds. These experts typically find employment in banks, insurance companies, mutual funds, and pension funds. To become a financial analyst, a bachelor's degree in finance, accounting, economics, or a related field is usually necessary. According to the U.S. Bureau of Labor Statistics, the median annual wage for financial analysts stood at $85,660 in May 2020. However, earnings can fluctuate depending on factors such as experience, education, location, and the specific industry.
Financial analysts often command high salaries due to their proficiency in dissecting financial data and offering valuable insights to clients or employers. As they amass more experience and expertise, financial analysts can look forward to career progression and increased remuneration.
To sum up, being a financial analyst is a lucrative career option that promises competitive pay and growth opportunities in the financial sector.
Top 3 Trusted References Used:
U.S. Bureau of Labor Statistics (BLS): The U.S. BLS is a federal body that furnishes data on employment, wages, and other labor-related statistics in the United States. It is a trusted source for statistics on various professions, including salary details for financial analysts.
Investopedia: Investopedia is a premier online resource for financial content, offering educational materials on investing, finance, and market analysis. It provides insights into various finance careers and salary scales in the industry.
Glassdoor: Glassdoor is a platform where current and former employees can anonymously review companies and their management. It also offers salary data based on self-reported information from employees across various industries and roles.
These references were used to ensure the provision of accurate and trustworthy information on lucrative careers in the financial sector, with a particular focus on the earnings of financial analysts.
Stay Blessed!
James Constantine Frangos.
Jerin Varughese
31
Answers
Montreal, Quebec, Canada
Updated
Jerin’s Answer
Dear Jose,
Thanks for your question .
Making $100,000 is possible if you are good with investments , but then it is also equally important that you don't loose that money you earn , so that is the risky part.
There are top level jobs (C levels jobs at big companies ) that pays millions as salary, for that you need to have experience and skills , I would say start slow and then with experience , you can get wherever you want, but earning money in the right way is important, more than just earning it .
Thanks and Regards,
Jerin
Thanks for your question .
Making $100,000 is possible if you are good with investments , but then it is also equally important that you don't loose that money you earn , so that is the risky part.
There are top level jobs (C levels jobs at big companies ) that pays millions as salary, for that you need to have experience and skills , I would say start slow and then with experience , you can get wherever you want, but earning money in the right way is important, more than just earning it .
Thanks and Regards,
Jerin
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