In theory, it’s possible for almost anybody to become a millionaire by saving up diligently and investing their money wisely. But, it goes without saying that some career paths lend themselves better to achieving millionaire status. If you want to get rich quick, the type of work that you do will make all the difference. Whether you’re embarking on an adventurous career change or are about to start your first steps down your career path, here are some great lines of work to consider if you’re a kid who wants to get rich quickly.
Today, there’s a lot of money to be earned as a social media ‘celebrity’ or influencer. If you have a knack for creating engaging content that attracts thousands of followers, you could transform your financial situation in a short amount of time. Whether you’re reviewing movies and video games, making engaging make-up and beauty tutorials, or even talking about your day, being an online celebrity can be a very lucrative career option for many who try it.
If you have a knack for taking on different personalities and making them your own, are confident going in front of a camera and have a good memory for lines, you might want to consider pursuing a career as an actor. If you’re about to head to college, you might want to consider majoring in drama, however, there’s no need to have a college degree – raw talent is enough to get you started on a successful acting career path. Find auditions that you fit the bill for, look into working as an extra, and make YouTube videos that show off your acting skills. Actors who make it big often invest in other revenue streams – for example, the Sprouse twins, who now have their own fashion line and publishing company; Cole Sprouse net worth is around $8m aged 25.
Real Estate Broker or Agent:
It’s often been said real estate creates more millionaires than anywhere else. Of course, this usually applies to those who invest in real estate rather than sell it for a living. However, real estate agents are in an advantageous position to take on potentially rich investment opportunities. The median income for real estate agents is around $55,000 per year, but top agents can easily double their salary. With the top 10% earners bringing in just under $180k a year, it’s safe to say that this career could make you a millionaire if you’re willing to put the work in. Plus, the resources and tools that are available online, such as the real estate back office software makes this field of work all the more attractive.
If you’re good with numbers, you may want to consider studying for a degree in math, or another numbers-based subject such as accountancy or economics. Whenever you hear about multi-billion dollar business mergers and acquisitions, they come with an opportunity to make substantial earnings, which often ends up in the pocket of investment bankers. Essentially, investment bankers work as corporate financial advisors, helping clients raise money in the capital markets.
Do you think you have what it takes to succeed in any of these high-flying careers? We’d love to hear from you in the comments.