About 60% of Gen Zers report being unable to afford their basic needs on their current salary, according to a recent Resume Templates survey, with one in five believing they should be making $100,000 or more at their job.
The survey also revealed that an estimated 20% of those who struggle to cover basic needs still spend $500 or more per month on non-essential goods. However, that being said, 19% agree that they would need to earn $100,000 or more to afford their basic needs.
The good news is, to earn within the six figure range, you don’t necessarily need to spend thousands of dollars on degrees or expensive training. Several high-income skills can be learned for a low cost and even for free, thanks to the multiplicity of online resources and training platforms available at our fingertips—literally.
Let's take a look at three skills (out of many) that can earn you over $100,000 in 2024, and how you can easily learn and develop them to start making more money:
The good news is, to earn within the six figure range, you don’t necessarily need to spend thousands of dollars on degrees or expensive training. Several high-income skills can be learned for a low cost and even for free, thanks to the multiplicity of online resources and training platforms available at our fingertips—literally.
Let's take a look at three skills (out of many) that can earn you over $100,000 in 2024, and how you can easily learn and develop them to start making more money:
1. Product Management
Product management is described by Product Plan as "the practice of strategically driving the development, market launch, and continual support and improvement of a company's products."
These products can be physical goods, digital apps, or software services. Product managers (PMs) bring a product to market or work to upgrade an existing one, and are positioned at the intersection of technology, business, and user experience, coordinating multiple cross-functional teams to ensure the product aligns with users' needs.
Why Product Management Pays Well
Companies are always seeking to innovate, and this is especially true within tech (just take a look at the past few years and observe the rapid developments of computer science and AI as an example). Because of this, the demand for skilled PMs is skyrocketing. This role is integral to an organization’s success, especially for start-ups seeking to woo investors.
According to Salary.com, the average salary for a product manager is $150,721.
Where to Learn Product Management for Free
Here are some platforms that provide free learning resources on product management:
How To Monetize This Skill
Once you master product management, you can apply for roles as:
2. Amazon Web Services (AWS)
Amazon Web Services (AWS) is a leading cloud computing platform that provides scalable computing power, storage, and networking services, and is used by companies worldwide to host websites, run applications, and manage data centers, amongst other things.
Why AWS Pays Well
If you master AWS, this can open the door to high-paying roles such as solutions architect, cloud architect, or DevOps engineer, especially since many companies are currently making the shift towards cloud infrastructure.
2. Amazon Web Services (AWS)
Amazon Web Services (AWS) is a leading cloud computing platform that provides scalable computing power, storage, and networking services, and is used by companies worldwide to host websites, run applications, and manage data centers, amongst other things.
Why AWS Pays Well
If you master AWS, this can open the door to high-paying roles such as solutions architect, cloud architect, or DevOps engineer, especially since many companies are currently making the shift towards cloud infrastructure.
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