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One of the best ways to skyrocket your career or business is to learn high-income skills and then seek out ways to make money from them.
With the job market consistently changing, it is important to always be learning and evolving. The more skills you acquire, the more you will stand out from the rest of the competition.
To maximize your skill potential, you will also need to understand which skills are in demand and which ones will work best for you.
This post will discuss:
- What a high income skill is
- 20 of the best high-income skills to learn
- Where you can learn new skills
- Tips on developing these skills
Let’s dive in!
20 High-Income Skills to Make More Money
What are High-Income Skills?
Before we even get started, you might be asking yourself, “what is a high income skill?”
Well, it’s exactly how it sounds. High-income skills are talents or abilities that allow you to earn a large income. You can even earn six-figures or more each year without a degree.
These types of skills are also almost always in demand and are needed year-round. High-income skills can either be used for creating a career or just to start a side hustle.
Either way, these are skills that will help you to make five figures per month or more.
Examples of High-Income Skills
If you want to earn some big-bucks, sales is the skill to learn. It’s actually one of the highest paying jobs in the world. Some people even make six figures or more per year.
The best part, it’s a skill you need to master without the need for any complex degree or high-level academic background.
Most of time time, the pay is based on commission. This means that your earnings are a direct result of your performance.
So, more you work and the more you sell, the more money you will make.
Many companies are constantly fighting to get their name and their brand recognized. That’s where digital marketing agencies come in.
Digital marketing includes social media management, SEO and SEM content marketing, and more. This is an excellent skill to have if you are interested in several sub-categories to specialize in as well.
Companies usually look forward to hiring well-versed consultants. Therefore, specializing in a niche might be your way to earn some good cash.
One plus to this type of skill is that you can learn on your own and practice anywhere in the world. And even low to mid-level marketers make up to six-figures per year.
While the job doesn’t sound fancy, anyone in the market industry would know the importance of this skill.
Copywriters play with words that encourage the reader to take a specific action or to sell a product. If you have an interest in words and being able to weave them around to create bylines and slogans, this type of skill might be for you.
Copywriters make money through freelancing, commission, or sales percentage and can make six figures or more per year. Sometimes even millions if you land the right job.
Content writing is another great opportunity to earn a ton of cash by simply mastering a skill.
High-end content writers can end up earning quite a lot, whether they may be a freelancer or working as an employee for a company.
While copywriting is aimed towards sales, content writing has a goal to either educate or entertain.
It’s one of those skills that will seemingly never go out of style either. From blogs to site content to descriptions, content has become a vital part of marketing.
Who knew vocalizing your opinion could be monetized? Public speaking is a practical example.
This skill definitely is not for everyone. One of the largest fears around the world is speaking in front of any type of crowd.
But if you’re confident enough to speak your mind and what you think must be heard, go ahead and make some money with public speaking. Public speakers can make thousands, if not millions, each year.
With today’s growing technology, graphic designers are needed in almost every area of business.
Companies often require graphic designs but don’t have the skills or time to complete these tasks on their own. In this case, they would hire a graphic designer with branding and technological experience.
Almost every brand requires a graphic designer who can deliver pure excellence in creating the best illustrations for them.
It’s not unheard of for some graphic designers to make $100,000 or more per year by landing the right jobs. So if you have a talent for creativity, art, and branding, graphic design might be right up your alley.
Just like graphic design, photographers are highly sought after in every type of business. But, the competition is intense.
It takes a skilled photographer to capture an event or object while captivating or eliciting the company’s message in a single photograph. But once you master this skill, your services will be in high demand.
Large companies and even small business owners sometimes get overly burdened with the duties of their business and may hire a virtual assistant.
Virtual assistants work from home while catering to clients and offering administrative services in a remote location. These agents are self-employed and usually have to make phone calls, travel arrangements, etc.
Some freelance virtual assistants make upwards of six-figures per year. If you are someone who is organized and likes to take care of small, everyday tasks, this type of skill is easy to learn and can make you a ton of money.
This is a skill that requires some sort of financial background.
Pertaining to a business’s accounts, bookkeeping requires learning how to record basic financial transactions that assist a company in its final audit reports.
As a bookkeeper, you would be responsible for handling taxes, creating budgets, writing invoices, and anything having to do with tracking a business’s finances.
If you decide to become a virtual bookkeeper, you could even work remotely from anywhere in the world.
Transcription is for those who enjoy working on laptop or computer and are fast typers.
This type of skill requires you to listen to an audio file or watch a film and then type out the words that are spoken.
With flexible schedules, controlled earnings, and minimum investments, transcriptionists can end up earning a lot of money.
You are typically paid per word you type out, so the faster you can type, the more money you will earn.
Yes, learning a trade skill can be pretty rewarding and might even earn up to 6 figures. However, the average would be around $45k-$60k. Some of these trade skills include:
- HVAC technical
- Home inspector
These types of skills may require you to attend a vocational school first, however you typically only need to go for two years to learn the necessary skills.
Web design involves designing web pages for different companies that best represent their brand.
If you’re into the tech-biz but are not looking to learn or write code, a good option is to practice web design.
Web designers may not earn as much as a software engineer but they still make a considerably handsome amount.
Every business with advanced marketing aims to appear on the top results of search engines; therefore, they can pay up to whatever it takes to reach those top spots.
A search engine optimization (SEO) professional helps a company to achieve just that.
With technology consistently growing, SEO and other search engine optimization skills are in high demand and probably won’t go out of style anytime soon.
For this skill, you will be required to know keyword research, online marketing, PPC campaigns, and other skills related to ranking certain content.
Software, Web, and Mobile Game Development
Programming and web development involves using analytical skills, and developers can enjoy a steady career in the future.
This plays a huge role in the world of digitalization.
Not only is it a fun job, but it is also favorable in terms of profit. Some software, web and game developers make six figures or more each year.
Putting your creative mind to the test is great, whether it’s in the form of art, graphics, writing, speaking, etc.
And if you are skilled in creativity, you can get paid for doing something you love.
The best part is you do not need to invest a lot of time learning how to be creative. It just takes some practice and patience.
This is similar to teaching but can cater to employees and trainees of respective fields.
Specializing in a particular task could lead you up to being a coach for a company or a consultant that can provide you with a handsome salary. You would simply be teaching others how to master the skill you already have.
Today, it’s all about video content. A good video editor knows what the audience needs.
Having a video editor can transform a company’s dull, boring videos into something fun and engaging.
Companies who like your work as a video editor might end up being your regular client and may even continuously hire you for their projects in the long-run.
Organizing, controlling, and supervising a company’s financial performance is what a financial manager must do. This is another skill that may require a financial background.
Financial managers help companies and individual business owners to reach their objectives and is therefore very rewarding for managers working in this field.
Translators need to convey a written or spoken message accurately from one language to another. Sometimes, translators need to accompany foreign delegations to translate conversations amongst each other.
This a rare skill, and it can be very profitable to know another language. You can even earn anywhere from $70,000 to $150,000 per year as a translator.
With several subjects and levels to choose from, teaching does not require a lot of learning. Just like coaching, teaching and training allows you to show others skills that you already know.
It can be very rewarding and can even develop your own social and communication skills.
How to Develop High-Income Skills
Once you understand what type of high-income skills are available, it’s time to pick which ones to learn and continue to develop them.
Let’s look at a few of the best ways to do this.
Hire a Coach or Mentor
Finding a great coach or mentor can significantly help you develop your skills. You will save a ton of time by following their recommendations and learning from their mistakes.
Having a coach or mentor can also help you gain knowledge in various ways and acquire new perspectives.
Sure, you can always consider learning and figuring things out on your own. But a smarter option would be to hire a mentor to guide you.
Mentors and coaches are there to guide you and inform you of any mistakes that you make. Their mentorship involves keeping you motivated until you master the skill.
Even knowing a single person who achieved success in the same field is encouraging. Not to mention, it helps you avoid any distracting thoughts about the skill and its potential.
Take Advantage of Free Resources
With today’s technology and resources, there are many different high income skills you can learn for free. If you have budget constraints and do not wish to spend money on learning a specific skill, why not make the most out of the free resources available?
A Few of These Resources Include:
You can take in a lot of free information by following and watching YouTubers. Several in-depth videos and tutorials are available online. Some even say that watching YouTube videos is more effective than attending a 4-year college.
In these videos, experienced YouTubers walk you through step-by-step processes. Watching several videos from multiple YouTubers allows you to be more well versed in the skill, and you may even learn some new techniques from each one.
Visit your nearest library and grab a few books that could help you learn more about the field you have chosen. From stepwise illustrations and personal experiences to DIY’s and ‘For Dummies,’ you can easily develop any skill with the books and material available at libraries.
Apart from YouTube, there are other resources online that you can learn from. Just like this blog post, you can look for similar blogs and resources that enlighten readers about specific skills and how to master them.
Invest in a Paid Online Course
Just like hiring a tutor, you can also invest in a paid online course. This will teach you to be more aware of the field academically, and you will be able to practice on your own time and with regular assessments.
You can also socialize with members enrolled in the same course to enhance your learning experience. To top it off, you may even attain a certificate on completion of the course.
Enroll in a Trade School
Trade or technical schools are postsecondary schools that emphasize skillful trade careers. These educational institutions prepare students for specific jobs of that sort by offering hands-on practical training opportunities in their respective fields.
Get Hands-on Experience
Even if you aspire to be an entrepreneur, CEO, consultant, or freelancer, it is best to gain some experience to enhance your skills.
This way, you can put your abilities to the test in a practical manner. Consider getting a job or looking out for internship opportunities in the same field.
You might need to compromise on the pay scale in the short-run. However, in the long run, you can benefit immensely from the experience that you gain.
Network, Network, Network
Have you ever heard the saying, “It’s not about what you know, it’s about who you know”?
When you expand your network, you may be able to find new opportunities that would not have been available in the first place.
Whether it involves catching up with a long lost friend, asking an acquaintance, or even building relationships through mutuals, the idea is to know more people who can help you in the chosen field.
Create Realistic Goals
Regardless of the field you choose, a smart approach would be to establish short-term and long-term goals.
This way, you will stay up-to-date with your progress, and you will also receive motivation every time you reach a goal to achieve the next one.
And if you set goals that are not realistic, chances are you will become anxious and overwhelmed. Be realistic in goal setting; do not rush anything. Goals must be easily achievable and practical according to your routine and ability.
The Bottom Line
There are so many different skills available. It’s important to choose a field that suits you the best and then look for the best method to develop it.
Remember that everything takes time. No matter what field you choose, to master it, it might take you a couple of months or even a few years before you can perfect things on your own.
The key is to stay committed and consistent to ensure you make the most out of your learning experience. So don’t be hard on yourself and stay motivated to accomplish all your goals!
Hey there! My name is Tegan and I am the author and creator of The Blissful Budget.
My goal with this blog is to help you save more money, earn more money, and start to live the life you want by obtaining financial freedom.