How to Make 20k a Month [2024] 20000 Dollars Online, No College 

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Sure, brain surgeons make over $20,000 a month.1 

But they can’t work online from the beach and they spent many years in college poking at squishy brains.

Instead, I’ll show you the best ways how to make 20k a month online – no college degree needed.

I’ll compare these to traditional jobs that make 20k a month so you can decide what’s right for you.

I really like these ways how to make 20000 dollars a month online, no college required:

Get ready for stories from my personal experience, plus real-life success stories of people just like you.

Oh, and I’ll let you know the worst mistakes I’ve seen people make when trying to make 20k a month.

How to Make 20k a Month 

Become a Content Creator / Social Media Influencer 

Earning Potential: 20k a month, up to millions of dollars per month

For creative people, this is the dream.

As a content creator, it’s all about connecting with your online audience. 

Decide how you’d like to serve your audience. You can 

  • Entertain them 
  • Educate them about a topic 
  • Inform them 
  • Inspire them
  • Help them    
  • Relax them
  • Keep them company

And more.

Once you have a big enough audience, here’s how to make 20k a month or more:

  • Get paid by advertisers and sponsors
  • Create video courses and/or ebooks that you sell to your audience – Use Skillshare
  • Promote products that pay you a commission (also called affiliate marketing)
  • Create your own physical products that you sell, such as t-shirts, hats, and stickers – Use Shopify
  • Go on tour and/or put on live in-person events 

Lauryn Bosstick is a very successful content creator.

Content creator Lauryn Bosstick's Instagram profile.
Lauryn Bosstick knows how to make 20k a month online – actually much more than that!

Lauryn is crushing it on social media, YouTube, her podcast, and her e-commerce website. 

You can take one piece of content and chop it up so it goes everywhere. 

For example, Lauryn records a video version of her podcast.

  • The full video version goes on YouTube
  • The audio podcast goes on Spotify, Amazon Podcasts, Apple podcasts, etc. 
  • Short video clips of the full version go on Instagram and TikTok. 

And because of her popularity and likeability, people are now buying her products.

The Skinny Confidential's add for a Pink Balls Face Massager.
Content Creators are now opening online stores to sell their own products. You can do the same on Shopify.

Three tools content creators use:

I’ll get into specific types of content creators below, such as bloggers, YouTubers, and podcasters.

E-commerce Store 

Earning Potential: Many millions of dollars per year, 20k a month is very doable

You want to make stuff. Do it! And sell it online. That’s e-commerce. And today it’s easy to set-up with Shopify.

Not sure what products to sell online? How about these product ideas:

  • Your own barbecue sauce
  • Your artwork
  • Nutritional supplements
  • Prints of your travel photos
  • Clothes you design
  • Skincare products

Leah Kay Krabbenhoft has made over $15 million dollars in sales. Her e-commerce store is called Soulvation Society:

Soulvation online Shopify store.
Leah Kay Krabbenhoft knows how to make 20k a month and much more with her online clothing store, powered by Shopify.

And here’s an e-commerce example in the fitness niche:

AthleanX online fitness supplement store.
Jeff Cavaliere runs the fitness brand AthleanX. A trusted brand that sells physical products like supplements is a great way how to make 20k a month.

Being an e-commerce store owner is one of those rare jobs that pay 1 million dollars a month when you’re great at it. Marketing software can help you get there. See my comparison of Kartra vs Clickfunnels.

If you need money to get your online store started, check out:

To test your e-commerce skills, you might want to learn, What can I sell for money? or Is it worth selling on eBay?

Blogging for 20k a month

Earnings Potential: Make 20k a month or more as a blogger 

I’ve worked for 3 different people who each made much more money than 20k a month blogging.

There are many multi-millionaire bloggers. Most of them don’t dress in fancy clothes or live in mansions. But they’ve made enough money to retire early, travel the world, and live very comfortable lives.

Let’s look at two successful bloggers to learn how to make 20000 dollars a month:

Pinch of Yum blog about the author Lindsay screenshot.
This elementary school teacher became a blogger! Now, she knows how to make 20k a month with her “Pinch of Yum” recipe blog.

The Pinch of Yum blog makes money by allowing Google to show ads on her blog. This blog also makes money through affiliate marketing. When you purchase something for a recipe through her link, she earns a percentage.

Here’s another blogging success story:

Lindsay Silberman makes millions of dollars from her lifestyle blog. She writes about beauty and travel. Now, she also sells her own line of scented candles.

Social media influencer and blogger, Lindsay Silberman.
Lindsay Silberman knows how to make 20k a month blogging about lifestyle topics like beauty and travel.

Blogging is one of the best business ideas for women. But it’s just as profitable for men and couples. Blogging is one of the most profitable online businesses

You can easily create a website with Squarespace. You can host your blog cheaply on Bluehost

You absolutely must get email addresses from your fans. Use ConvertKit to send them newsletters and deals. 

This is an essential element to how to make 20000 dollars a month. Because you don’t want to rely on social media algorithms.

Check out our picks for the best blogging platform.

Look here to be inspired by the small business website design. Here are the best web hosting services and best website builder.

If you’re going to blog on Wordpress (this is what I do personally), check out managed Wordpress hosting

Freelance Online 

Earning Potential: 20k a month or more

You can sell your services on sites like Fiverr as a way how to make 20000 dollars a month. 

You can certainly earn 6 figures without a college degree! The keys are to have valuable skills and earn excellent reviews.

I’ve made hundreds of thousands of dollars as a freelance business strategist. I’ve hired freelance writers, coders, website designers, graphic designers, video editors, and more.

Get started towards earning 20000 dollars a month: 

1 – Create your freelancer profile on 

2 – List your skills such as:

  • Software development
  • Video editing 
  • Writing – I know many freelance writers who make six figures working from home
  • Voice-over reading – also a great way how to make money on Audible
  • Digital Marketing
  • Sales 

Don’t have any of these skills? Start by selling the skills you DO have! Then, take online courses at Skillshare to learn high-paying skills like those I mentioned above.

For example, here’s a coding class with outstanding reviews that you can take on Skillshare

Profile for freelance writer Kat Boogaard.
Kat Boogard is a freelance writer who knows how to make 20k a month! Now, she works 3 days a week from home and still makes 6 figures.2
Freelance ClickFunnels specialist, Jeremy M.
Jeremy uses his Clickfunnels skills to make over 20k a month on Upwork!
Expert Saleswoman Sherry M.
Sherry has sales skills and knows how to make 20000 dollars a month online.

Listing your skills on UpWork and Fiverr are great ways how to make 20k a month online.

Freelancing is one of the most profitable online businesses because your upfront costs are very low. So can you keep nearly everything you charge as profit.

To get to the 20k-a-month level, you probably first need to know how to make 10k a month. Then you’ll bounce up and know how to make 30k a month.

Freelancing is also a great way how to make money online for beginners

Want to know how to make money fast? Get on Upwork AND Fiverr to get started as a freelancer.

Affiliate Marketing

Earning Potential: 20k a month is certainly realistic, up to millions of dollars a month.

Each blogger I’ve worked for earned much more than 20,000 dollars a month. Most of their income came from affiliate marketing.

What is affiliate marketing? Promote a product or service with a special link given to you by that company. When someone clicks your link and gets that product or service, you get money.

You can do affiliate marketing as a blogger, YouTuber, social media influencer, email newsletter writer, and more.

Affiliate marketer Anna Grace Newell's Instagram profile.
Anna Grace Newell knows how to make 20k a month with affiliate marketing and more. The link in her bio promotes clothes on LTK and Amazon.

Affiliate marketing is a great way how to make money on Facebook and how to make money on Pinterest.

Check out my articles about affiliate programs:

extra point Extra Point: A fast way to get started with affiliate marketing is to earn 20 dollars per referral and to promote these top referral bonus apps.

Remember, a highly lucrative way to make money with affiliate marketing is to have an email list. Use ConvertKit because it’s easy and affordable. 

Investing

Earning Potential: 20k a month up to millions of dollars per month

WARNING: Investing before you know what you’re doing is one of the biggest mistakes people make when trying to make 20000 dollars a month.

Learn as much as you can.

There are terrific investing courses on Skillshare here

I love investing as a way to build wealth. I have a friend who earns a passive income of over 20k a month by investing in the stock market. Another friend earns over 20k a month by very actively trading stocks.

Another friend makes 20k a month because he invested in commercial real estate.

But they did NOT do this right away. They learned. They started slowly.

To start, try these methods but ONLY with an amount you can afford to lose:

Expand your investing knowledge for free with my articles:

Start Dropshipping 

Earning Potential: 20k a month or much more

What is dropshipping? It allows you to sell stuff without actually making products. You don’t even hold the products in storage.

Instead, you get great at 3 skills:

  • Finding products for a cheap price
  • Marketing the products so people find them and buy them
  • Giving great service so you get excellent customer ratings 

You can find products to sell to customers on sites like AliExpress, SaleHoo, and Worldwide Brands.

Screenshot of Aliexpress' homepage
A proven way how to make 20k a month is by dropshipping. You go to a wholesale site like AliExpress to buy products like dog toys and booty shorts. You’ll sell them for a big profit when people order them from your e-commerce store.

As a dropshipper, you don’t keep inventory. 

When someone buys a product from your store on Squarespace or Shopify, THEN you buy it from a wholesaler like AliExpress, who will send the product to the customer.

extra point Extra Point: As a dropshipper, you're a business owner. Protect yourself from lawsuits and all that jazz by creating an LLC with ZenBusiness. And don't forget to protect your privacy, too. Check out How to avoid using home address for LLC.

YouTube Personality

Earning Potential: Make $20,000 dollars a month or much more

Here’s how to make 20k a month on YouTube:

  • Allow YouTube to show ads on your videos
  • Accept sponsorships
  • Affiliate marketing (promote famous products, get paid when people buy them)
  • Sell courses using Skillshare

The AthleanX fitness channel makes much more than 20k a month on YouTube.

AthleanX fitness channel on YouTube.
Jeff from AthleanX knows how to make 20k a month on YouTube with fitness courses and advertising.

The key to making 20k a month on YouTube is to do everything you can to get views from the people you think are most likely to watch your videos again and again.

And it helps if you focus on what the audience really wants to see or learn:

The above video has likely already earned about $10,000 from the ads on it. Plus, it’s a topic people will search for year after year. So, this becomes passive income from YouTube.

In addition to ad revenue, AthleanX is earning money when you become a fan and decide to buy one of their fitness courses. And when you buy their supplements.

If you’re educating people about your topic on YouTube, you can create live webinars. Webinars are where you get paid to show people how to do stuff and answer their questions in real-time.

Check out the best webinar software, such as ZohoMeeting

You can also sell access to videos for a course on your topic. This is part of what AthleanX does to make 20000 dollars a month.  Sell your video course on Teachable or Skillshare.

Ad for AthleanX YouTube channel that asks for the customer's email address.
AthleanX is smart. They ask for your email address so they can stay in contact with you without relying on social media algorithms.

I can’t emphasize email enough. How would you feel if someone watched your YouTube one day and really liked it, but the next day they forgot the name of your channel. And for that reason, they never came back to you? 

Most people don’t subscribe to YouTube channels. And even if they do, the YouTube algorithm doesn’t always alert them of your newest videos.

You can avoid that common problem by getting the best email marketing software, such as ConvertKit

You don’t have to write a lot. You can simply send links to your new YouTube videos. 

You can start YouTube as a hobby. YouTube is one of my favorite hobbies to make money. It’s also a great way how to make money online for beginners.

To make $20,000 dollars a month with YouTube, study how your favorite YouTubers make

  • you want to keep watching until the end
  • thumbnails that get your attention
  • YouTube titles that get you interested 

Being a YouTube host is one of the best ways how to make money as an attractive man and how to make money as an attractive female. But you don’t have to be attractive. 

You have to be knowledgeable, interesting, or entertaining.

Being a YouTube personality is one of the most profitable online businesses.

Create Online Courses

Earning Potential: 20k a month or much more

Online BBQ class by Pitmaster Arnie.
Arnie teaches you how to barbecue like a champ! His course is on Teachable.

What’s your passion?

Perhaps you’ve spent countless hours getting really knowledgeable about your topic. You can upload videos showing others how to do it too.

Platforms like Teachable and Skillshare help you find students, accept payment, and create a community where students can help each other.

You can get started with online courses without quitting your job. Kat Norton, AKA Miss Excel, did exactly that.

But she got so rich from her courses, she quit her corporate gig and now she has one of the best jobs that pay over 1 million a year – online teacher. That’s much more than 20k dollars a month!

Crazy how in-person teaching usually doesn’t pay all that well. But by creating your OWN courses and doing it YOUR way, you can reach thousands of students using Teachable or Skillshare

Content Creator, Miss Excel's Instagram profile.
Miss Excel teaches people how to use Microsoft Excel. That’s one way how to make 20k a month with online courses.

Not sure what to teach? Get ideas from Teachable and Skillshare

Singer or Comedian

Earnings Potential: Many millions of dollars per year. 20k a month is possible for non-famous entertainers

The most popular stand-up comedians earn a million dollars a year.3 

Every entertainer should have a website and email list: 

YouTube singer and actress, Tiffany Alvord.
Entertainer Tiffany Alvord makes $25 for about 1.5 minutes of work on Cameo

See, you don’t have to be a super famous entertainer. If you can build a loyal audience you’ll find a way how to make 30k a month. Here’s how to make money as an independent artist.

Here’s the answer to: how do rappers make money.

Podcasting

Earning Potential: Make $20,000 dollars a month or more

One of the biggest mistakes I see people make when trying to make 20000 dollars a month is thinking, “Oh, I’ll just start a podcast! Let me start by buying a bunch of expensive equipment.”

Look, I could make money by telling you to buy the $400 Shure SM7B microphone for podcasting because it’s high quality and worth the price. BUT… if you can’t afford it, this would be a dumb purchase.

Start by recording with any decent microphone or even your phone. Make sure your podcast is interesting, and you gain skills as a host. THEN invest in better equipment as you go.

Host of Crime Junkie podcast, Ashley Flowers.
Ashley Flowers knows how to make 20k a month podcasting. Actually, she earns millions of dollars a year with her podcast, “Crime Junkie.”

We all know the richest podcasters like Joe Rogan and Bill Simmons are multi-millionaires – some are nearly billionaires.  

Start with the basics – the best podcast hosting and best audio editing software.

Software Developer

Earnings Potential: Top software developers can make 20k a month working for Meta, Google, Amazon, Netflix, or Microsoft. 

Other software developers earn a median of about $124,000 per year.

The way how to make 20k a month for most software developers is to create a popular app. 

Creating an app is a business, so here are free resources for you:

Hedge Fund Manager 

Earning Potential: $150,000 to $270,000 per year. But the best can make 20k a month or 3X that amount. 

A hedge fund manager makes smart investment decisions for clients. 

Most hedge fund managers have:

  • A university degree
  • Certification as a Chartered Financial Analyst (CFA)
  • Over a decade of highly successful investment experience 

Some hedge fund managers like Steve Cohen and Wes Edens go on to become billionaires who buy sports franchises.

Law Firm Partner

Earnings Potential: Law firm partners average 1.12 million a year. That’s triple 20k a month.

A law firm partner is an attorney with partial ownership of the law firm. A law firm partner has to

  • Increase revenue 
  • Help run the law firm
  • Practice law

Psychiatrist

Earning Potential: 20k a month or more6

To be a psychiatrist in the US, you’ll need a

  • University degree
  • Medical degree
  • Certification 

If you love helping people with their serious problems, this is a great way how to make 20k a month. 

Dermatologist

Earning Potential: 20k a month or more7

To be a dermatologist in the US, you’ll need a

  • University degree
  • Medical degree
  • Advanced dermatology training
  • Certification 

If you like poppin’ zits and carvin’ out cancerous bits, this is a terrific way how to make 20k a month.

Flipping (Reselling)

Earnings Potential: 20k a month is possible

To make money flipping products, find items cheaply at

  • Flea markets 
  • Craigslist
  • Thrift shops
  • Stores with crazy sales
  • Wholesale websites like AliExpress

You can also flip expensive items like 

  • Websites using EmpireFlippers
  • Furniture
  • Sports memorabilia using eBay
  • Exercise equipment on eBay
  • Major appliances

See my guide to What Flips and learn more in Is it worth selling on eBay?.

Common Questions About How to Make 20k a Month

Is it Possible to Make 20k a Month?

Yes, it’s possible to make 20k a month. That’s why I’m writing this article. Duh. 

My favorite ways to make 20k a month:

  • Create an online course about a topic you know well – use Skillshare
  • Blog about your favorite topic – use Squarespace
  • Flip items for profit online – learn What Flips
  • Do high-paying freelance jobs on Upwork
  • Sell your own products online using Shopify
  • Be a YouTube host and make 20k a month from advertising
  • Be an affiliate marketer 
  • Be a popular podcaster 
  • Be an online investor – start small with EquityMultiple and Acorns (learn more in Betterment vs Acorns)
  • Create a popular app 
  • Become an online entertainer or social media influencer
  • Become a naughty online entertainer – here’s how to make money on OnlyFans

How to Make 20k a Month Online? 

  • Blog online about your favorite topic with Squarespace
  • Upload instructional videos about a topic you know well – use Skillshare
  • Do high-paying freelance jobs online on Upwork
  • Flip items for profit online – learn What Flips
  • Sell your own products online using Shopify
  • Be a YouTube host and make 20k a month from advertising
  • Be an online affiliate marketer 
  • Be a popular podcaster 
  • Be an online investor – beginners should start with EquityMultiple and Acorns
  • Create a popular mobile app 
  • Become an online entertainer or social media influencer
  • Become a naughty online entertainer – here’s how to make money on OnlyFans as a Couple 

How to Make 20k a Month From Home? 

  • Blog from home about your favorite topic with Squarespace
  • Upload instructional videos from home about a topic you know well – use Skillshare
  • Do high-paying online freelance jobs from the comfort of your home on Upwork
  • Flip items for profit online – learn What Flips
  • Sell your own products online using Shopify
  • Be a YouTube host and make 20k a month from home
  • Be an online affiliate marketer 
  • Be a popular podcaster from home
  • Be an online investor from home – start with EquityMultiple and Acorns
  • Create a popular mobile app from home
  • Become an online entertainer or social media influencer from home
  • Become a naughty online entertainer from home – here’s how to make money on OnlyFans as a guy

How to Get $20,000 Dollars Fast? 

Proven ways to get $20,000 dollars fast:

Also, check out these ways for  how to make $20,000 dollars a week.

Can You Make 20k a Month on YouTube? / How to Make 20k a Month on YouTube? 

Here’s how to make 20k a month on YouTube:

  • Make videos that get millions of views when you add them all up
  • Allow YouTube to show ads on your videos
  • Accept sponsorships from brands
  • Promote famous products and get paid when people buy them (affiliate marketing)
  • Sell courses using Skillshare

Jobs That Make 20k a Month?

  • Specialized doctor like a dermatologist or psychiatrist
  • Online teacher who sells courses on Skillshare
  • Law firm partner
  • Hedge fund manager
  • Entertainer 
  • A reseller who knows What Flips for big profits
  • Software developer

How to Make 20k a Month Passive Income? 

  • Create a course about a topic you know well. Upload the videos to Skillshare.
  • Write blog articles about topics that never go out of style, like fitness, nutrition, plumbing, recipes, relationship advice, etc. Use Squarespace or Bluehost.
  • Investing a lot of money for a long time – start slowly with Acorns

How to Make 20k a Month Reddit?

Person on Reddit claiming he makes more than 20k a month with an architectural business.
This Reddit user says he makes more than 20k a month from home with his Architectural business.
Martial Arts school owners makes 20k a month.
Another business that makes 20k a month is this Reddit user who owns a Martial Arts school.
A person on Reddit shares how they make more than 20k a month as a data analytics consultant.
A Reddit user says they earn more than 20k a month as a data analytics consultant. You can make money as a consultant using Upwork and Fiverr.

Related:

Sources:

1 – https://www.ziprecruiter.com/Salaries/Brain-Surgeon-Salary 

2 – https://www.linkedin.com/in/katboogaard/

3 – https://www.billboard.com/lists/top-comedy-tours-2023/

4 – https://www.bls.gov/ooh/computer-and-information-technology/software-developers.htm

5 – https://www.mlaglobal.com/en/insights/research/2022-partner-compensation-survey 

6 – https://www.indeed.com/career/psychiatrist/salaries

7 – https://www.indeed.com/career/dermatologist/salaries

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About Scott Lieberman

Scott Lieberman is founder of Touchdown Money. Scott has been making money online for over 20 years. It's allowed him to travel the world while working remotely. Scott is an expert in online business, digital marketing, credit card reward programs, and content marketing strategies.

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