How to Make Extra Money Without a College or High School Degree
It's a common misconception that making extra money requires a college or high school degree. In reality, there are numerous ways you can earn additional income, even without formal education. Here are some strategies and insights to help you get started.
The Power of Side Jobs
One effective way to make extra money is by taking on an extra job. Whether it's a part-time position at a fast food joint during the day and a janitorial role at night, or any other flexible work that fits your schedule, these jobs provide a steady stream of income. Plus, an additional job means more income, allowing you to pay for necessities and save for future goals.
The Power of Multi-Tasking
As mentioned, working multiple jobs can really pay off, especially if you're single and don't have dependents. When I was married, I managed two full-time jobs until a better-paying position came along. While it can be challenging, the experience is invaluable and the income earned during that period was a significant boost to my financial well-being.
Real-Life Success Stories
Let's look at a real-life example of someone who made extra money without a college or high school degree. Many years ago, I worked for the Local Authority. One of my colleagues in the Housing Department, a female cashier, always showed up in a new, top-end Mercedes. Curious about how she afforded such luxury, she shared her story:
Her husband came from a traveling family and was a scrap metal dealer. He couldn't read or write. She had a basic upbringing but had a talent for mathematics. They were partners in the scrap metal business, which made them debt-free and allowed them to live in a high-end house in a nice village. Her husband had retired a decade earlier, also owning a top-end Mercedes. She continued to work for her own sanity and enjoyment. She was a polite and kind individual by all accounts.
This story demonstrates that having a knack for numbers and practical skills can be a powerful path to financial success, regardless of your formal education level.
Opportunities for Growth Without a Degree
For those in the United States, here are some opportunities to make extra money without a degree:
Software Engineering
If you have the time and inclination to learn a trade or a new skill, consider software engineering. Employers and businesses value hardworking individuals who can deliver solid results, irrespective of whether you have a degree. There are many online resources and courses available to help you get started.
Garbage Truck Driving
Another option is to drive a garbage truck. While this job is not glamorous, it pays well and provides valuable skills that are highly sought after. This position can serve as a gateway to other opportunities as well, as you'll have the chance to meet and network with various people in the community.
Sales and Maintenance
Janitorial services are another area where you can work hard and earn well. In many cases, these jobs pay better than the skills required. Similarly, the U.S. Forest Service offers a program where you can maintain trails and other facilities. This role provides useful experience and connections, potentially opening up other career opportunities.
High-Demand Positions
Consider positions that are in high demand and can be learned on-the-job, such as maintaining electrical towers. These roles often pay well and are highly valued due to the technical nature of the work involved. Additionally, the oil industry is always in need of skilled workers to move to remote locations for well-compensated positions.
Unpleasant Working Conditions vs. Hard-to-Replace Skills
When considering ways to make extra money, money often gravitates towards two factors:
Unpleasant working conditions, such as those found in the oil industry or janitorial services. Hard-to-replace skills that demonstrate expertise and dedication.If you can tolerate working under challenging conditions and have skills that are difficult to replace, these are excellent paths to pursue. For instance, working in oil fields or as a garbage truck driver can be physically demanding, but the pay is often excellent and the opportunities for advancement are significant.
In conclusion, making extra money without a college or high school degree is achievable through strategic planning, hard work, and a willingness to embrace unconventional opportunities. Whether you choose to learn a new trade, drive a garbage truck, or work for the forest service, there are numerous paths to financial success.