8 Realistic Ways How To Make 20k A Month In 2023

Are you aiming to make 20k a month?

You’ve come to the right place! 

This article will discuss methods on how to make 20k a month online.

People have been doing this for years. 

There are lots of options.

Why do you need the money? 

Is it for freedom, vacations, debt relief, or an emergency fund?

Making that kind of money takes effort. 

You’ll need to work hard and dedicate time.

These aren’t get-rich-quick schemes. 

The more you put in, the more you’ll get out.

Ready to start?

Let’s go!

How to Make 20K a Month

New $100 Bills.

Multiple Work-From-Home Jobs At Once

Reaching $20,000 a month requires a combination of work-from-home gigs.

This type of work offers the advantage of taking on as many jobs as you wish. 

With good self-organization, you can quickly scale your income.

If you need to make $20,000 fast, here are some gig combinations to consider.

Related Reading: How To Start Something New – Read About It Here

Freelance Writing 

Some digital marketers say AI writing tools are the next big thing, but we can’t be sure how accurate that is.

AI can’t replace the human touch in writing. 

That means freelance writing isn’t going away.

Take a look at FlexJobs, for example. 

There are over 100 freelance writing gigs listed right now.

You can start earning $30-$50 per 1,000 words, but as you progress, you can charge up to $500 per post. 

That means you can earn $5,000-$20,000 monthly from writing.

There are a ton of places to look for freelance writing opportunities like: 

You can even create a website to show off your writing and get clients for your writing services.

It’s easy to do! 

As a content creator, you can do well online.

Graphic Design

Zip Recruiter’s research shows that graphic designers make an average of $4,127 monthly in 2023.

That could be close to $20,000 a year if you work part-time. 

Consider adding graphic design to your online job list if you have some design skills.

You’ll need to be familiar with computer programs like Adobe Photoshop, Adobe Illustrator, and Figma

There are several platforms, such as: 

These platforms have plenty of work for graphic designers.

You can also promote your work on your website.

Virtual Assistance 

This job requires you to be skilled in many areas and be able to complete tasks with little to no guidance.

You could be asked to: 

  • Manage social media accounts  
  • Produce sales copies  
  • Schedule appointments  
  • Monitor and send emails  
  • Perform market research  
  • Edit content and schedule publishing  

The list is long, but you get the idea.

You can make between $10 and $50 per hour as a virtual assistant. 

If you work five hours daily, Monday to Saturday, you could make up to $300 a week – an extra $1,200 a month!

Launch a Dropshipping Business

Stories of business owners making tens of thousands of dollars from their online stores are true.

Ordinary people have done it, so you can too. 

Dropshipping is easy: buy an item from a supplier when an order arrives, and they’ll deliver it to your customer.

AliExpress and Alibaba are excellent sources. 

You can also do a Google search for suppliers.

You’ll also only need the following to get started:

  • A site 
  • Some copywriting skills 
  • A Shopify store 
  • Beginner SEO skills 

Write about the items you’re selling and provide lots of info to help customers.

Advertise your blog through SEO and social media to gain a following. 

Then you can start earning passive income.

Related Reading: Best Places To Sell Shoes Online – Get To Know Here.

Offer an Online Course

The pandemic has caused a surge in online learning, with more students enrolling in digital courses each month.

Research shows online learning is thriving, with students recalling up to 60% of the material. 

How does this relate to your goal of making $20,000?

Well, online courses are popular, and you can teach anything. 

You can quickly grow large following if you create something worth sharing.

Topics range from online business to finance. 

There’s no limit to how many students you can reach, so you can easily make $20,000.

Offering online courses is an excellent way to make a full-time income.

Working as an SEO Expert

With over 1.7 billion websites online, there’s a need for SEOs to give them the exposure they need.

Many of these sites don’t even get a Google ranking since their owners don’t know how to create an online presence. 

That’s where an SEO expert’s expertise comes in.

You can earn up to $20,000 a month if you can optimize websites for higher rankings. 

SEO is a valuable skill with many complex elements, so making $20,000 a month shouldn’t be too hard for someone with full-stack experience. 

You’re in business if you can: 

  • Analyze search results
  • Perform technical site audits
  • Target niche audiences
  • Create great content
  • Build high-quality backlinks
  • Make websites easier to navigate

Your monthly salary as an SEO specialist depends on the number of income streams you have.

But if you put in the effort, you can make anything from $20,000 to $120,000 a year.

Starting Investing in Real Estate

Real estate investing can be a potentially easy way to make at least $20,000 a month.

However, it’s essential to know that starting up can be expensive. 

You’ll likely need to borrow money to get going.

It may be costly, time-consuming, and even risky, but the rewards can be substantial.

You don’t need to own real estate to make this kind of money. 

You could try becoming a real estate agent or assistant to an experienced investor.

Building your portfolio takes time, so don’t expect to hit the $20K goal immediately. 

You’ll need to build contacts, engage in marketing, and determine how to grow your business.

If you put in the effort, you should be successful. 

If real estate isn’t for you, you could always try the stock market.

Related Reading: Starting An Indoor Golf Business – Learn To Do That Here.

Produce an On-Demand Software Solution

A Man Working From His Bedroom, At Home.

Don’t let your programming skills go unused – you could easily make $20K by creating an on-demand software solution.

The software industry has been booming over the past few years. 

On-demand software is critical for businesses to increase sales, improve customer service and expand their user base.

Understanding the market and audience is essential for designing applications. 

To start, define your market, get to know your audience, identify your specialty, decide on functionalities, and choose a technology stack.

Then, you can begin development. 

Professional development is the foundation for successful on-demand software that customers will love. 

Some of the top on-demand software solutions include:

You can find more online, but these should give you some ideas.

Developing on-demand software takes time – the goal is to create a solution that adds value to the market. 

If you succeed, you’ll quickly grow your user base and make $20K or more in the next few months.

Related Reading: How To Make Money Online Without Paying Anything – Learn About It Here

Final Thoughts 

Can you make $20,000 a month consistently?

Many people do. 

With hard work, persistence, and a growth mindset, you can too.

Start by figuring out what you’re good at, researching income potential, and planning when and how much work you’ll do. 

Keep in mind, though, that this isn’t a get-rich-quick scheme.

You’ll need to put in the effort and stay consistent to reach your goals. 

Good luck!

Disclosure:  this article might contain links to the resources discussed.
Some of the links are affiliate links, meaning that I will make a small commission if you purchase a product or service by using the link. You get the same price whether you use our special link or not, and sometimes I’m able to get you an even better deal through my relationships!  More info in my privacy policy.

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Brooks Conkle

Brooks is an Entrepreneur, Sponge, Father, Husband, & Follower of the Golden Rule. He has over 15 years of experience as an entrepreneur after graduating with a BSBA in Finance from Auburn University. He’s addicted to growing new business ideas and any food that includes chocolate and peanut butter. Brooks is a firm believer in creating multiple streams of income and creates content here on BrooksConkle.com to help other hustlers in the areas of marketing, online business, personal finance, and real estate.