When people choose a career, one of the first things that they look it is how much money they will be making. Sure you need to pick something that you will love doing, but you also need to make sure that you can pay your bills and afford the lifestyle you want to have. You can’t rely on others to support you—you need to get out there and start earning money by yourself. The following jobs require a collegiate background, and if you don’t currently have one, maybe you should consider taking the next step. State colleges are affordable if you are an in-state student, and you can pursue a degree program part-time. Also, with all of the online options available you could easily get your degree from the comfort of your own home. Stop making excuses about how you can’t do it or it’s too much money. If you are good with living on a budget, no matter how old you are, college should be one of your number one priorities if your career hasn’t gone in the direction that you’d like it to. If you want to pursue a career with excellent earning potential, then you should read on!
1.) Sales Associate
When you are an entry-level sales rep or account manager, your earnings won’t be excellent. You’ll likely be earning between 25,000 to 35,000 per year in base salary, but commissions will help supplement your income. However, sales managers have a truly excellent job, but it is by no means an easy position. However, the room for advancement is top notch, and if you pursue a master’s degree in business, you could align yourself to become a vice president of sales, where there average salary is 125,000 per year. If you are in sales, work hard and study, because you could end up making a great income.
2.) Risk Analyst
Risk analysts help protect an organization when the economy isn’t performing well, especially when they have skin in the game. You could be allocating emergency funds for your organization, or helping out with a multitude of other tasks. You’ll start out in an entry-level role earning between 50,000 to 65,000 per year, but risk professionals usually work for large companies, which means that senior level management roles will become available if you get your masters and keep moving up. The Chief Risk Officer for a large company can earn millions of dollars per year. It’s a serious and high powered job.
3.) Financial Analyst
This profession is similar to risk in terms of upward mobility. You follow a slightly different path, as your job will deal more with financial analysis, predictions, and visual display of data. A finance or accounting background is necessary. The Chief Financial Officer can make an excellent living, often times earning millions of dollars per year.
Once you get your foot in the door running marketing campaigns, the opportunity for advancement is endless. It helps to get some experience at a smaller company, but as everyone knows, there is big money in advertising for large organizations such as Budweiser, Coke, Pepsi, etc. If you can become a marketing manager for a large organization, a six figure income will soon follow.
As you can see, if you follow a strict career path and focus on your education a high income position will come to you. It’s not going to happen overnight, and sacrifices will need to be made. However, you’ll be happy when you can afford all the things you’ve dreamed about your whole life.