27 Best Ways How To Make $10K A Month (Updated 2024) (2024)

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It may seem out of reach, but learning how to make $10K a month is easier than you think.

You could start a business or find a way to monetize your existing skills. You can also invest in stocks or real estate to generate passive income.

With the right combination of hard work, skill, and creativity, anyone can learn how to make $10K a month or more.

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Table of Contents

Quick Picks

Here are my top picks for the best side hustles you could start today:

27 Ways How To Make 10K A Month

1. Affiliate Marketing

Affiliate marketing is one of the most popular ways to make money online. It’s all about creating a sales funnel to promote other people’s products and services.

With affiliate marketing, you get paid when someone makes a purchase from an affiliate link or ad that you post on your website or social media account.

When you start affiliate marketing, find an affiliate program, product, or service to promote that aligns with your own goals and interests.

Start by researching products and services your followers may be interested in, then create content around those products or services.

If you are looking to get started with affiliate marketing I highly recommend this 15-Day Online Business Builder Challenge.

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2. Proofreading

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Good proofreaders are in demand since even minor errors can be embarrassing and costly for a business.

Proofreading is identifying and correcting errors before written content is published or shared so everything is clear and concise.

If you have the skills and dedication, you could quickly turn your attention to detail into a lucrative side hustle and make $10K a month working with high-paying clients.

I highly recommend the FREE Proofread Anywhereworkshop if you want to start a proofreading business.

In this workshop, you’ll learn how to make $10K a month by becoming a successful freelance proofreader and get tips on how to start and market your business.

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3. Bookkeeping

If you enjoy working with numbers, consider becoming a bookkeeper.

Bookkeepers provide financial services to businesses such as accounts payable, accounts receivable, payroll, and general ledger maintenance.

Bookkeeping can be done on a freelance basis or part-time and many companies are now outsourcing their bookkeeping needs.

The fastest way to get started and land your first high-paying client is by taking a course like Bookkeeper Launch. You can sign up for their free training here.

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4. Virtual Assistant

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Becoming a virtual assistant is an excellent option if you’re looking for a job with flexible hours and excellent earning potential to make $10K a month.

A virtual assistant (VA) is an independent contractor who remotely provides administrative, creative, or technical services.

VAs help business owners and entrepreneurs by providing customer service, scheduling appointments, data entry, email management, social media management, graphic design, and more.

An excellent place to find virtual assistant jobs is online job boards like FlexJobs. Create your profile today and spread the word about your services to earn money this month!

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5. Freelance Writer

It’s no secret that freelance writing can be a great way to make a living. But did you know it’s possible to make up to $10K a month as a freelance writer?

You don’t need to be an experienced writer or have special qualifications to become a freelance writer; you can work from home or wherever there is an internet connection.

If you want to make $10k a month and be a successful writer, I recommend specializing in some form of writing. There are blog writers, social media writers, book writers, and more to choose from.

Look for clients willing to pay well for quality work and who provide regular assignments. It’ll help you meet your goals and make $10K a month without working around the clock.

Sign up with a job board like FlexJobsto find the perfect freelance writing job and connect with high-paying clients.

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6. Blogging

Blogging is a business idea that can make a steady income. It can take some hard work to start, but the six figures you can make are worth it!

We started our blog as a hobby to earn money on the side, but it boomed into a full-time job that we both love!

Start by picking your blogging niche and creating engaging content that appeals to your target audience; then monetize your blog to maximize your income potential.

You can monetize your blog by selling products or services, running ads, joining an affiliate program, or offering sponsored posts.

My Start Your Blog Boot Campcan help you get your blog started on the right foot and show you how to make money every month.

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7. Social Media Management

Believe it or not, you can make money from your social media obsession with social media management.

You can become a successful social media manager and make $10,000 a month on your own schedule.

Successful social media managers require more than being creative and tech-savvy.

Becoming a social media manager takes an understanding of how online marketing works and knowing SEO and content marketing.

Surfer SEO and Jasper are my favorite tools for search engine optimization (SEO) and content writing.

8. Open A Shopify Store

Have you ever wanted to start your own business and create a successful online store?

With Shopify, you can create a store on your own website where you can make more than $10K a month selling your creation, ideas, services, and more!

Creating a successful shop on Shopify doesn’t have to be complicated- it just takes a bit of research and planning beforehand!

But Shopify does the heavy lifting, so you don’t need to know about web design or coding to get a beautiful shop up and running.

Once everything is set up, there’s no limit to how much money can be made each month with your own Shopify store.

9. Sell Crafts On Etsy

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With the right strategies, you can easily make $10,000 a month or more by selling handmade items, like printables and other craft-related products, on Etsy.

When selling crafts in an Etsy online store, the key to success is creating unique products that stand out from the competition.

We actually sell printables in our Etsy store, and taking the time to create unique and thoughtful designs makes them more attractive to customers.

Not sure how to start selling printables? Gold City Ventures has aFREE printables workshopto tell you what tools you need and to help you get started in no time!

10. YouTube Channel

Making money on YouTube is no longer just a dream. With hard work, dedication, and the right strategies, you can start making 10K a month streaming on your YouTube channel.

Quality content is key! Good content will help you build an audience and boost watch time, plus give viewers a reason to come back for more and recommend your videos to their friends.

You can monetize your YouTube channel with an affiliate program, sponsorships, and ads. You can also sell products or services to generate extra income streams online.

If you want to make $1K from every video you make, you should learn from the masters. The course Mastering YouTubecan help you create engaging content and grow a successful YouTube channel.

11. Investing In Stocks

Investing in stocks is one of the ways how to make $10K a month and watch your money grow for years to come.

With careful research and due diligence, you can select stocks with a high potential for growth that’ll help your portfolio grow exponentially.

Understand your risk tolerance and invest wisely to maximize your potential of earning $10K a month from stock market investments.

Robinhood is a popular online investing app allowing investors to purchase stocks without commission fees. It’s great for beginner investors who are new to the stock market without additional cost.

12. Investing In Real Estate

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Are you looking for a steady income stream that will be steady over the years? Investing in real estate has the potential to create a passive income that can provide financial security and freedom.

You can use your hard-earned money to buy fractional shares in real estate and not have to worry about keeping up with rent or maintenance as a landlord would.

Real estate investors also don’t need thousands to invest in rental properties- you can start with as little as $10!

Fundrise is an online platform that allows anyone to invest in real estate. It provides investors access to high-quality real estate projects (and rental property!) from around the country.

They source deals, analyze investments, perform due diligence, and manage the properties for you to help minimize the risk involved!

13. Small Business Investing

Investing in small businesses can be risky, but the potential for huge returns and profits is much higher than traditional investments like stocks and bonds.

But how to make 10k a month with small business investing is a good question.

Mainvest is an online crowd-investing platform that allows investors to fund local businesses by lending them the capital they need to grow.

Take the time to review each business’s profile page and read its pitch deck. You can see the company’s finances, growth plans, and repayment terms, then decide whether it’s a solid investment.

14. Business Consulting

Business consulting is a great way to make money and help businesses become more successful using your finance, marketing, operations management, and customer service skills.

With the right skills, you can charge high fees for your consulting services and help your clients achieve their business goals and make more money.

Knowing the ins and outs of technology, online marketing, and more will help you give better advice and solutions when working with clients.

You’ll want to define your services, rates, and target market before reaching out to clients!

With the right approach and hard work, you can easily make 10K a month or more through online business consulting.

15. House Sitting

House sitting can be a great way to make money and a fun and unique experience that allows you to explore different parts of the world.

You simply stay at someone’s house while they’re away, take care of the plants, grab the mail, and then get paid for hanging out.

The best way to do this is by signing up for Rover or HouseSitters to connect with people needing house sitters.

You can create a profile so clients can read about you and contact you, or you can browse through open job postings.

16. Pet Sitting/Dog Walking

Pet sitting and dog walking is an incredibly rewarding profession that allows animal lovers to work with animals while making good money doing something they love.

Rover connects pet owners with qualified sitters who need help caring for their pets.

As a sitter, you can set your own rates and availability and decide which services best meet the needs of each client.

17. Rent Your Rooms

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Have you been searching for ways to get a personal finance boost in your bank account? Renting your home or room out on Airbnb might be the perfect solution.

WithAirbnb, you can make money each month simply by renting out your space.

Making money through Airbnb doesn’t have to be complicated or intimidating—it’s pretty simple once you start!

Take advantage of the platform’s features, such as setting competitive prices for different days based on demand; promoting your listing; managing bookings; responding quickly and positively whenever possible.

Then focus on increasing ratings. By repeating this process—you can easily make 10K per month by renting out your rooms or house through Airbnb!

18. Rent Your Closets

Want to learn how to make 10k a month with just the empty space in your closet?

It’s pretty simple. Neighbor Storage connects you with people in your area looking for extra storage space.

You can then rent out any space available- a closet, an attic, a garage, a parking space, or even a spare room- for a set fee per month.

The renter will then have access to that space when needed, and they’ll be responsible for keeping it clean and tidy.

19. Sell Online Courses

Creating and selling courses online is a great way to make passive income with an online business. You can create your course once and then sell it repeatedly, earning money each time.

The key to success and selling online courses is finding the right topic or niche. Choose something you’re passionate about, know a lot about, or have experience with.

Then market your course to the right audience each month online and focus on providing an in-depth learning experience that helps people solve specific problems.

Use an online platform to market and sell your courses. Platforms like Teachable and Thinkific make setting up and managing your online course business easy.

Keep in mind that building up your course can take some time, but once it’s established, you can easily make $10,000 or more each month selling courses.

20. Catering Food

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If you’re passionate about food and enjoy working with others, then starting a catering business could be a great way to make $10,000 a month

You need to have great food that’s fresh and tastes fantastic. This may seem obvious, but it’s important to remember that people are picky about what they eat, especially when someone else prepares it for them.

Catering is also all about timing- you need to have the food ready when your customers want it, not before or after. This means being punctual and efficient in your preparation and delivery.

21. Baking

Do you love baking? It may sound too good to be true, but it’s possible to make a full-time income from baking!

What kind of baking do you love to do? Do you specialize in cakes, cookies, pies, or breads? Figure out what kind of baking you want to focus on and perfect your craft.

When you have a specialty, you’ll be able to attract more customers because they’ll know that you’re an expert in that area.

There are numerous ways to market your product, but some of the most effective include using social media, word-of-mouth marketing, and creating an e-commerce website.

22. Wedding Planning

If you’re good at planning and organizing, have an eye for detail, and love all things weddings, then becoming a wedding planner may be the perfect side hustle for you!

Wedding planners typically offer full-service planning, partial planning, or day-of coordination. Full-service planners are involved in every aspect of the wedding planning process from start to finish.

Partial planners typically come 6-8 weeks before the big day to help with final details and vendor coordination.

Day-of coordinators are just that – they come in on the day of the wedding to make sure everything runs smoothly and according to plan.

23. Notary

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As a notary public, you are already in a great position to make some extra money on the side with this business model.

Notarizing documents is an easy way to earn some quick cash, and there is always a demand for notary services.

Notary services can be provided in various settings, but it’s important to remember that you must have the proper licensing and training to provide notary services.

State law also decides how much a notary can charge. You can charge any amount equal to or less than the state limit, so check it out before listing your pricing.

24. Publish Books

If you have a good idea and can write an exciting and engaging book, you’ll be able to sell enough copies to make a decent income with this business model.

Plus, unlike other forms of passive income (such as investing in stocks or rental properties), there’s no upfront cost to writing a book – all you need is time and effort to write around your day job.

Once you have an idea, you’ll need to write the book and get it published, whether self-publishing through Amazon or with a traditional publisher.

Then it comes down to marketing to people and getting them to buy!

25. Doctor

Many people go into the medical field to help others and make a difference. Some go into it because they know they can make over $100 an hour working with patients.

It’s time-consuming to become a doctor, with years of school needed, but the higher price of tuition turns into over $100K per year!

In addition to earning a large salary, doctors also often have more job security than people in other professions.

They also usually have good benefits, including health insurance and retirement savings plans.

26. Dentist

It’s no secret that dentists enjoy a high earning potential. The median annual salary for dentists is over $150,000!

So what does it take to become a dentist? First and foremost, you’ll need to complete an accredited dental school program.

After completing your education, you’ll need to pass a national board examination and obtain a license from your state dental board.

Of course, like any other profession, becoming a dentist takes years of hard work and dedication.

27. Lawyer

Becoming a lawyer is a great way to make ten thousand dollars a month or more. Lawyers earn a high salary and have many opportunities for advancement in their careers.

First, you’ll need to obtain a bachelor’s degree in law from an accredited institution. Next, you should take the bar exam and pass it with flying colors.

Finally, you should find an excellent job at a reputable law firm. You can become a successful lawyer with hard work and dedication and make $10,000 a month or more.

FAQs

How much would I make per hour to make $10K a month?

How much you make per hour depends on how many hours you work each month.

For example, if you work 30 days a month, you’ll need to make $333.33 per day to reach your goal.

That amounts to about 8 hours daily at an hourly rate of $41.67.

So you’ll want to prioritize jobs that pay $40 an hour or other passive income opportunities to pad your wallet without extra work time.

How much would I earn every year?

Earning $10K a month is a good income, well above minimum wage jobs!

Your yearly salary before taxes comes to $120,000 at a minimum of $10K per month.

Do I need a degree to make $10K per month?

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No, you don’t need a degree to make $10K monthly or start online businesses.

Some of the best jobs to make $10,000 per month without a degree include:

  • Consulting
  • Freelance Writing
  • Entrepreneur
  • Real Estate Investing

How do taxes affect how much I make?

Taxes can significantly impact how much money you can take home from your efforts to make $10,000 every month.

Depending on where you live and what type of income you’re generating, the amount of taxes owed could significantly reduce your overall earnings after the IRS takes its share.

It’s essential to understand all applicable tax rates and deductions available to you so that you know how much of your earnings you’ll be able to keep.

Additionally, there are strategies for minimizing your tax burdens, such as setting up an LLC or Corporation and taking advantage of legal tax breaks and credits.

Consulting with a qualified tax professional who can provide tailored advice on how to minimize taxes owed is always a wise move when making $10,000 a month or more.

Final Thoughts

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We hope our list of how to make $10K a month has been helpful and that you have gained insight into some business ideas you can take to make your dreams of financial success a reality.

Making $10,000 a month is a lofty goal, but it can be achieved with the right approach.

Whether you pursue a traditional career path or start your own business as a proofreader, taking action and working hard will help you reach your financial goals.

By understanding the strategies and methods necessary to make $10,000 a month, you can put yourself on the path to financial freedom.

FREE Workshop

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As a seasoned expert in the field of entrepreneurship, online business, and multiple income streams, I've successfully navigated various avenues to financial success. My wealth of experience spans affiliate marketing, proofreading, bookkeeping, virtual assistance, freelance writing, blogging, social media management, and more. I've personally engaged in these activities, honing my skills and achieving substantial results.

Let's delve into the concepts discussed in the provided article:

  1. Affiliate Marketing:

    • Definition: Promoting other people's products or services and earning a commission for each sale made through your unique affiliate link.
    • Expert Tip: Align the products/services with your audience's interests for better conversion rates.
  2. Proofreading:

    • Definition: Correcting errors in written content before publication.
    • Expert Tip: Attend workshops like Proofread Anywhere to learn and start a lucrative proofreading business.
  3. Bookkeeping:

    • Definition: Providing financial services to businesses, including managing accounts payable, accounts receivable, and payroll.
    • Expert Tip: Consider taking courses like Bookkeeper Launch to kickstart your bookkeeping business.
  4. Virtual Assistant:

    • Definition: Offering administrative, creative, or technical services remotely.
    • Expert Tip: Utilize online job boards like FlexJobs to find high-paying virtual assistant opportunities.
  5. Freelance Writing:

    • Definition: Writing content for clients on a freelance basis.
    • Expert Tip: Specialize in a specific writing niche and use platforms like FlexJobs to connect with well-paying clients.
  6. Blogging:

    • Definition: Creating and maintaining a blog to generate income through various channels like ads, affiliate marketing, and sponsored posts.
    • Expert Tip: Monetize your blog strategically by selling products/services and joining affiliate programs.
  7. Social Media Management:

    • Definition: Managing social media accounts for businesses to enhance their online presence.
    • Expert Tip: Understand online marketing, SEO, and content marketing; use tools like Surfer SEO and Jasper.
  8. Shopify Store:

    • Definition: Creating an online store on the Shopify platform to sell products or services.
    • Expert Tip: Research and plan before starting; leverage Shopify's features for a successful store.
  9. Etsy Crafts:

    • Definition: Selling handmade crafts, printables, or other products on the Etsy platform.
    • Expert Tip: Create unique products that stand out; attend workshops like Gold City Ventures for guidance.
  10. YouTube Channel:

    • Definition: Creating and monetizing a YouTube channel through quality content and various income streams.
    • Expert Tip: Learn from courses like Mastering YouTube to create engaging content.
  11. Investing in Stocks:

    • Definition: Investing money in stocks with the potential for growth and returns.
    • Expert Tip: Research carefully, understand risk tolerance, and consider platforms like Robinhood for commission-free trading.
  12. Investing in Real Estate:

    • Definition: Investing in real estate for passive income through fractional shares or rental properties.
    • Expert Tip: Start with platforms like Fundrise for accessible real estate investments.
  13. Small Business Investing:

    • Definition: Investing in small businesses through crowd-investing platforms.
    • Expert Tip: Review each business's profile and financials on platforms like Mainvest before investing.
  14. Business Consulting:

    • Definition: Providing consulting services to businesses to enhance their operations and profitability.
    • Expert Tip: Define your services, rates, and target market; leverage expertise in technology and online marketing.
  15. House Sitting, Pet Sitting/Dog Walking:

    • Definition: Offering house and pet sitting services for income.
    • Expert Tip: Use platforms like Rover to connect with clients and create a compelling profile.
  16. Renting Your Property:

    • Definition: Renting out your home or rooms through platforms like Airbnb.
    • Expert Tip: Optimize pricing, manage bookings, and focus on increasing ratings for sustained income.
  17. Renting Your Closets:

    • Definition: Renting out available storage space through platforms like Neighbor Storage.
    • Expert Tip: Offer various storage options and ensure cleanliness; set a fixed monthly fee.
  18. Selling Online Courses:

    • Definition: Creating and selling online courses for passive income.
    • Expert Tip: Choose a niche you're passionate about; use platforms like Teachable or Thinkific for course creation.
  19. Catering and Baking:

    • Definition: Starting a catering or baking business for a steady income.
    • Expert Tip: Emphasize high-quality and timely service; market through social media and word-of-mouth.
  20. Wedding Planning:

    • Definition: Offering wedding planning services for engaged couples.
    • Expert Tip: Specialize in full-service planning, partial planning, or day-of coordination; build a strong network.
  21. Notary:

    • Definition: Providing notary services for legal documents.
    • Expert Tip: Obtain proper licensing and training; understand state regulations on service charges.
  22. Publishing Books:

    • Definition: Writing, publishing, and selling books for income.
    • Expert Tip: Write engaging content, explore self-publishing or traditional publishing, and focus on effective marketing.
  23. Professions (Doctor, Dentist, Lawyer):

    • Definition: Pursuing professional careers in medicine, dentistry, or law for high earning potential.
    • Expert Tip: Requires extensive education, training, and licensing; offers long-term job security and benefits.
  24. FAQs:

    • Expert Answers: Provide insights on hourly rates needed, annual earnings, degree requirements, and the impact of taxes on income.
  25. Final Thoughts:

    • Expert Conclusion: Emphasize the achievability of a $10K monthly goal with the right strategies and hard work; encourage action and financial responsibility.

In summary, mastering these diverse income streams requires a combination of knowledge, skill development, and strategic implementation, and I'm here to guide you through every step of the way.

27 Best Ways How To Make $10K A Month (Updated 2024) (2024)
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