Do you have a “normal” job? You know, one with the Bundy clock and regular paycheck that will not likely make you wealthy. Do you sometimes think about how to get rich with a normal job?
A normal job is where you are considered an employee rather than an independent contractor. You have a fixed salary with a few bonuses and incentives. Your working hours and days are fixed.
In a normal job, you are the representative of your employer.
Getting rich may seem far-fetched at first, but there are ways to make money aside from your regular job to achieve this dream. And no, this is not some get-rich-quick scheme. There are ways to build your wealth. Is it too hard?
This post says that you can! Working towards becoming wealthy, following viable financial plans, managing your finances smartly, saving money, making wise investments, and having a disciplined attitude towards money will help you achieve financial independence.
Let’s start finding out how.
12 Ways to Get Rich with a Normal Job
1. Invest in Real Estate
Real estate investing is considered one of the best passive investments. You can choose between single-family and multi-unit properties such as apartments and duplexes.
To become successful in real estate investing, you need to learn the skill of buying property at the right price. In addition, you can also step into the flipping house business, which is quite similar but a bit more complex.
Here are some real estate investment platforms to start with:
- Groundfloor. Sign up with Groundfloor for only $10 to start. This platform is best for investors looking for short-term real estate investments. Check out our full Groundfloor review here.
- Fundrise. You only need $10 to set up your portfolio and a $1,000 minimum investment. Fundrise lets you invest in private commercial and residential properties. Read our full Fundrise review for more details.
- EstateGuru. If you’re in Europe, EstateGuru is for you. The minimum investment for EstateGuru is €50. This Estonian-based platform offers real estate development loans. Sign up now and get 0.5% cashback on any investments you make within 3 months. Learn more in our full EstateGuru review.
2. Invest in Stocks
Stocks have a very high growth potential, which makes them a great source of passive income to become rich.
Before stepping into stock investing, there are some steps that you need to take to be in the right direction:
- Decide if you want to choose stocks on your own or hire an expert to manage the process.
- Open an investment account.
- Learn the difference between stocks and funds’ investments.
- Set an investment budget.
To start investing in stocks, you can use some trusted investment platforms:
- M1 Finance. A stock and ETF brokerage, M1 Finance lets you invest for as low as $100. Read our full M1 Finance review and learn the services that it provides.
- DEGIRO. A brokerage firm like M1 Finance, DEGIRO is based in Europe. Check out our full DEGIRO review article and start investing.
- Bux Zero. An app-only platform that lets you trade for free. Download the free Bux Zero app and get your free share with a value of up to €200. More details in our full Bux Zero review.
Plus, if you want to get started investing and hit the ground running, here are some platforms that offer free stocks when you sign up with the links below:
Exchange | Bonus | Requirements | Sign Up |
Up to $3,000 in Free Stock When You Use This Link | Must use our link | Get FREE Crypto! | |
1 Free Share (up to $200 value) | Must use our link and make a deposit – Europe Only | Get FREE Crypto! | |
$25 in Free Stock | Must deposit at least $100 | Get FREE Crypto - Android Get FREE Crypto - iOs |
3. Invest in Cryptos
If you want to follow the examples of people who recently tasted success because of digital currencies, start by learning how cryptos work.
Investing in cryptocurrency can be expensive, so if you want to get started, here are some platforms to get free cryptocurrency to earn extra money:
Exchange | Bonus | Requirements | Sign Up |
$25 in Crypto.com Coin (CRO) | Must use our link, open an account with referral code usmefwh2jp, and stake CRO | Get FREE Crypto! | |
$5 in Free Cryptocurrency | Must use our link and open SoFi Invest Android or SoFi Invest iOs account, then redeem a $5 bonus to a new SoFi Crypto account | Get FREE Crypto - Android Get FREE Crypto - iOs | |
$50 in Free Bitcoin | Must use our link and deposit at least $400 of crypto within 30 days | Get FREE Crypto! | |
$25 in Free Bitcoin | Must use our link and buy at least $100 of crypto within 30 days | Get FREE Crypto! | |
$10 in Free Bitcoin | Must use our link and buy at least $100 of crypto within 30 days | Get FREE Crypto! | |
$10 in Free Bitcoin | Must use our link and buy at least $100 of crypto within 30 days | Get FREE Crypto! |
4. Start Freelance Work
To become rich through freelancing, you will have to become a master of your profession.
Take your first step by creating your portfolio with a pricing structure. Make sure that you keep the pricing low at the beginning to find freelance work immediately and start working your way up!
Here are the best freelance websites to start your career and make more money:
5. Online Teaching
Online teaching has become easier with the introduction of online teaching apps. These apps connect you with people looking to learn a specific subject or a language.
The best part of this side hustle is it doesn’t require you to have a master’s or a PhD Degree to make money online. Some of the highest-paid teaching apps in the market are:
- Preply
- Magic Ears
- VIPKid
6. Start a YouTube Channel
Making money from YouTube is not as easy as it may seem, but once you get into the limelight, the path ahead is easy. YouTube offers a monetization program that requires a certain number of subscribers to become eligible to join.
Once you have gathered the required audience, you can run ads on your videos to earn money.
7. Sell Products Online
Online product selling is one of the excellent side hustles to help you get rich.
The first and most important task is to find the products you want to sell. While selecting the product, keep your target market in consideration. After the product selection, start your online shop or set up a blog to drive traffic to your platform and make sales.
8. Try Personal Training
Most people nowadays have become health and fitness conscious. It has provided opportunities for all fitness enthusiasts to start their careers as personal trainers.
A personal trainer usually earns an average salary of $70 per hour, which is very good as a side hustle income.
9. Rent Out Your Car With Turo
If you have a car that you don’t use daily, here is a huge opportunity to cash in.
Turo is a San Francisco-based company that helps you share your vehicle. It has more than 4 million active users from more than 4,700 cities across Canada, the UK, and the US.
10. Learn To Repair Appliances
Learning a new skill can not only earn you some extra cash but also helps you save money by carrying out tasks on your own.
Learning to repair appliances is the job that can help you earn an extra $90 per hour. To get the skill, Nana Academy is the best appliance repair training school whose technicians have completed over 78,000 jobs to date.
11. Become a Digital Marketer
We live in a world that is fast moving towards digitalization every year. Becoming a digital marketer can be quite profitable in the current times.
The average rate for digital marketing consultants worldwide is $140 per hour.
Udemy is a great online platform where you can learn 12 marketing topics in one course.
12. Venture Into Copywriting
Good copywriters are earning 6 figures quite easily these days. To become an expert copywriter, persuasive writing is the most important skill you need to learn.
Once you are done with it, start finding copywriting jobs at the below-mentioned platforms:
- Contena
- SolidGigs
- GetCopywritingJobs.com
What Salary Range is Considered Normal?
Based on the latest report of the U.S. Bureau of Labor Statistics (BLS), the median annual salary of an American citizen as of the second quarter of 2022 is $52,050, meaning most people in the United States earn around $26.02 per hour.
Other sources peg the normal hourly pay of an average American at $27.68.
Important Things to Consider to Get Rich With a Normal Job
Step Into the Professional Life Early
Starting to earn at an early age brings a lot of money to the table and helps you learn business lessons that no school will teach you. If you start at 23, saving only $14 a day can make you a millionaire at the age of 67, provided you invest your savings wisely.
Form an Investing Habit
You can increase your salary with your normal job by investing your savings. To make a lot of money by investing, you don’t need to be a wealthy person, making it one of the best ways to get rich with a normal job.
If you have decided to form a habit of investing, here are the best places where you can start:
- Stocks
- Cryptocurrencies
- NFTs (Non-fungible tokens)
Make sure you learn to read the upward and downward trends well before investing your hard-earned money.
Focus on the Big 3 Expenses
The big 3 expenses are house, transportation, and food. If you limit these expenses, the extra savings will increase your overall investing capability drastically.
Based on a BLS survey on Consumer Expenditures, a breakdown of average monthly household expenses showed that around 36% of their annual income is spent on these expenses, restricting them from growing financially. To make it easy for you, here are the five best tips you can use to control your big three expenses:
- Track your overall spending.
- Make a list of all expenses and remove unnecessary spending.
- Shop with a list and stick to it.
- Prefer walking on short distance travels.
Increase Your Sources of Income
The 7 income streams are earned income, dividend income, interest income, profit income, rental income, royalty income, and capital gains income.
Apart from the earned income, which is your normal job, if you add at least 2 to 3 more streams to your income portfolio, you can get rich in less than a year.
We have listed the 5 best ways of earning money with your normal job:
- Sell photographs online (Royalty income)
- Search for banks with high-yield savings accounts (Interest income)
- Invest in stocks with dividends (dividend income)
- Sell products on online platforms (Profit income)
- Rent out your vehicle (Rental income)
Create a Budget
Regardless of your overall salary, creating a budget is always necessary. The best way to budget is by making a list of expenses and allotting each expense a certain percentage of your income.
For example, your housing, transportation, and food expenses deserve the most of your salary, so aim to spend around 50% on them. You can stick to the 50/30/20 rule as an ideal situation to work toward. Spend around 10% on other expenses such as personal entertainment. At last, save around 40% of your income to invest and get rich with your normal job.
Frequently Asked Questions (FAQs) – How to Get Rich With a Normal Job
What Are the Best Jobs to Get Rich?
The best jobs that can make you rich are investment banking and physician. These jobs, however, require skills and a lot of experience in the field.
How Can I Get Rich Quickly?
The fastest route toward getting rich is to clean yourself from debt, save money and invest as much as you can.
Can Being Hardworking Make You Rich?
Sheer hard work will not make you rich. However, if you combine hard work with a millionaire mindset, you will likely become successful and rich.
Conclusion – How to Get Rich With a Normal Job
Along with the options stated above, you can indeed get rich with a normal job. You can either work in various occupations while still holding your day job or go all out and venture into more lucrative money-making endeavors.
Financial savvy, commitment, and hard work are indispensable regardless of your choice. Having a clear, doable financial goal and plan for becoming rich is a good start.
Check out these related posts to create wealth even with a normal job:
- How To Start A Transportation Business With One Van [Quick Guide]
- How To Start A Business Without Quitting Your Job – 7 Steps To Start
Marjolein is a financial consultant who has built over €4,000 monthly passive income and saves over 70% of her income. Read Radicals’ inspiring story, from stuck in the 9-to-5 to loving life. Feel free to send Radical a message at the bottom of this page