What Career Should I Go into to Become Rich?

Jan 26, 2022

Money should not guide you in your decision of what career to pursue. The ultimate goal is to find a field that you love. However, why not turn your occupation into a job that pays well?

Becoming rich is not directly related to your accomplishments at work. It’s also about money management and a desire to grow professionally. That means that even making over $100,000 per year, one still may not be rich. They have to save and invest to benefit from this money in the future.

Nevertheless, below are certain career field options that can bring you closer to capital and wealth. If one of them appeals to you, do not hesitate to prepare your resume and pursue this option. Yet, before applying, consider using a resume platform to get resume writing help. Skillhub.com team is always there for you to perfect your job application documents.

Investment Bankers

Not every finance-related job in a financial firm or bank promises huge incomes. Investment bankers are at the top because they are believed to earn the most from the deals they make.

The average base pay of an investment banker might be around $80,000. But this number does not include the salary bonus earned from every successful deal. This brings investment bankers’ annual compensation to over $150,000.

No one, however, would say that this money is easy to earn. On the contrary, investment bankers work long hours to develop strategies and help companies raise their capital. Apart from that, before an investment banker lands a job that pays well, they have to get an MBA degree and other training to beat competitors.

Doctors

If you are passionate about helping people, you can engage in healthcare. Medical students indeed have to study a lot to become a physician. Once they do, however, making a six-figure income becomes quite a probable scenario.

The average compensation for a surgeon or a cardiologist reaches up to $400,000. Yet, before one gets to this level, they have to study in a quite competitive environment and then spend three or more years as a medical resident. Their education never stops, as there are many certifications they have to renew from time to time, like PALS for example. 

Dentists 

Another job that helps to make money is a dentist. Again, this is quite a difficult path to pursue. Apart from a four-year degree or a pre-dental program, they have to undergo special training and pass the DAT.

To start their practice, dentists have to be licensed by the state they work in. This often requires passing even more exams. In the end, dentists who actively practice end up with around $200,000 per annum.

Orthodontists

Orthodontists make even more money compared to dentists. It’s because they have to go through the same long and demanding educational process before they finally get to practice. Yet, their specialty program focuses specifically on orthodontic cases.

Orthodontists earn over $230,000 per year depending on the number of patients they treat. Their occupation is not tied only to the beauty and esthetics of teeth. On the contrary, they often deal with abnormalities and misalignments that lead to other dental diseases. 

Engineers & IT People

People dealing with technologies and infrastructures, as well as with bio and nano products, definitely earn a six-figure salary. These are all educated men and women with a desire to solve problems and create innovative products for people.

Engineers and IT people rule the world today because it’s getting more and more dependent on technologies. We need someone to take care of existing technologies and develop new ones to meet the growing needs of the population.

Yet, both IT and engineering require people to self-educate in addition to getting a formal degree. A lot of their success depends on additional courses and certifications. This is needed because the field is highly dynamic.

Pharmacists

Pharmacists work with people who come to them with prescriptions and look for advice on the safe use of medications. This job also requires a great deal of knowledge obtained through university and additional training.

A Pharm degree program might not be enough to cover all bases. Apart from becoming a Doctor of Pharmacy, all specialists should also pass PCAT which usually takes four years to complete. A license is still required to practice in some states.

Median salaries of pharmacists reach up to $130,000 per annum. 

Lawyers

Lawyers’ salaries depend on their skills and reputation. The more successful cases they have in their portfolio, the more money they make.

However, again, this is by no means easy money. Lawyers have to learn tremendous amounts of information. They also have to take regular attestations and pass bar examinations to have a chance to practice.

The very start of this career path is very competitive. You have to stand out from the crowd just to get into law school. Then, after long years of studies and several rounds of exams, lawyers may start earning from $120,000 up to $200,000 or more a year. A lot of it depends on the clients they finally get.

Summary

  • Actors
  • Singers
  • Bloggers

These are the people who come to mind if we think about money-making. You could come across a lot of their success stories on the internet. In rare cases, they became rich over one night. This happens, but it’s not that common.

The article above discussed professions that guarantee high salaries to people on one condition: you’ll become rich if you study and work hard. These occupations will definitely lead you to six-figure salaries, but before that, you’ll have to invest your effort, money, and time. 

It’s not the money that should guide you in your choice. For sure. Yet, compensation matters a lot in your overall job satisfaction.

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