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Anonymous

11 Jul 2022

Adulting

How challenging it is to earn monthly income from 5k to 10k?

Discussion (16)

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That's true, it's not as hard as you may think, and there are many ways to make money on the internet. You just need to find a few reliable ones, and in my case, placing bets turned out to be pretty profitable. I managed to find a site on https://www.mightytips.com/bookmakers/horse-rac..., and it really increased my income, even though it's not quite stable.

I'd say it's not that hard, everything depends on your skills. You can just find a few sources of additional income, and that's it.

How much do I need to make a day to make 10K a month? In a 30-day month, you'd need to earn $333.33 per day to make 10K per month. That is assuming you work every single day. Working a five-day workweek, or 20 days per month, you'd need to earn $500 a day.

Salary-wise, it'll depend on your skills and qualifications, of course. But if you mean salary plus additional income, like a top-up, then I'd say not at all. Might be that we just think it's 'challenging' but it really is not. During covid, a lot of opportunities popped up for us to secure additional income. I explored a bit of affiliate marketing (you won't believe how easy it can be). Then now a lot of younger people are capitalising social media to earn money, like in TikTok and YouTube and even Facebook. I even read some articles about teens being able to afford buying cars and homes from what they earn thru social media platforms. So I'd say it's not that challenging as long as you have the guts to start looking for ways. Oh, and I forgot about income from investments. Like a property. My landlord? She earns 2k monthly from just our rent. And she owns other properties, I'm sure. So it forms part of her monthly income, too. And there's this new thing in property investment in Singapore that I heard from a friend too, called "co-living". Apparently, you can allow other people to rent your property and you get income from it. Here's where I found that out: https://bit.ly/3PijwVQ

Actually, I'm starting this real soon. I've weighed the pros and cons of this and I'd say the pros outweigh the cons, so why not, right?

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