Want to join the $100,000+ annual salary club? We'll show you how to aim for and achieve that six-figure salary you definitely deserve.
Is a six-figure salary your goal for your career? Earning over $100,000 is a major milestone for many of us and puts us in a different category of earners. Depending on where you live, this income can be lifestyle-changing. Let's take a look at the latest data to see what the average salary in the US is across different age groups. Bureau of Labor Statistics:
- Ages 16 to 19: $21,944 per year
- 20-24 years old: $27,300 per year
- 25 to 34 years old: $40,352 per year
- Ages 35 to 44: $50,752 per year
- Ages 45 to 54: $50,700 per year
- Ages 55 to 64: $50,232 per year
- Age 65 and older: $47,008 per year
If you look at women earning six-figure salaries in America, 1 in 8 female workers There are more than twice as many men as women making that much money. Only 6% of women According to a YouGov survey, 13% of men said they earn more than $100,000, compared with 13% who said they make more than $100,000.
If your goal is to join the $100,000 club, we've got your back. Ask for a raise, Get promotedor Find a higher paying jobAnd we know it can be inspiring to learn from other women who have accomplished this incredible feat, so here they share their stories and the advice they found most helpful.
“Identify what brings you joy and don't put a label on it.
Fitness coach and YouTube personality Angie Bellemare She has built her personal brand by consistently creating valuable content around her life. Her topics range from organization and planning to routines and fitness. She has also built partnerships with brands and companies she supports and has a strong social media presence, which has resulted in an annual revenue of over $100,000 coming in from various sources.
She recommends starting with self-discovery and thinking about what brings you joy, but without the need to label it. As she explains, instead of saying, “I want to be a doctor,” rephrase it as, “I want to help people by giving them the tools to be healthy.” “If the work you do is something you're genuinely passionate about and you're naturally motivated to put in the effort to excel in your field, you'll be happy and naturally part of the one percent,” she continues. “We label it too often. how We want to live a successful life, only to find that our work is nothing like what we hoped or expected. This leads to highs and lows in motivation and intense self-searching. That's exactly what happened to me before I found what really brought me joy.”
“Don't let anyone tell you that you can't achieve your goals and dreams.”
Cary Testwide Diamond ReserveAt the time, a six-figure salary wasn't her biggest goal. Of course, she wanted to make money, but that wasn't the measure of success. She aimed to bring an engagement ring buying experience based on education and integrity to the Denver market. Over the past six years, she has placed a strong emphasis on ethics and values, which has paid off in more ways than one. “I truly believe that where I am today, salary-wise, is because I'm not doing this for the money, I'm doing it for the lifestyle. I love my office, my people, my industry. I truly love what I get to do every day. If you love what you do, payday will come,” she continues. “None of this came easily, and it still doesn't. I'm constantly learning from diamonds to marketing, and I work tirelessly to stay on top of the ever-changing business world.”
Testwuide's best advice is to follow your instincts and stick to your guns. In other words, if anyone tells you that you can't make it into the six-figure income club, never believe them. “As a woman working in a male-dominated industry, I've been told 'no,' 'you can't,' 'this isn't the way to do it,' and so many other things,” she says. “When someone offered to pave the way for me, I never accepted. I really, really mean it.” Like a fire burning in your soul “I believe that if you believe in your dream, work hard, and try harder than anyone else to make that dream come true, there is only one way to go. You have to be willing to make your dream come true and work hard.”
“Adopt a reflective practice.”
Accountability and Money Coach in the Midst of the Pandemic in 2020 Mary Theresa Tringale She achieved her long-term goal of a six-figure salary. She attributes her success to three key habits: listening to her inner wisdom and applying it to her work; drawing boundaries around people, places, and things that don't support her vision; and finally, asking for help when you need it. Her best advice for other women is to find habits that give you the opportunity to explore where you're going and how to get there.
“I adopted meditation and then journaling. I joined a coaching program that encouraged me to become who I wanted to be. I surrounded myself with people who supported my journey,” she continues. “I focused on 'getting into the right rooms' – which often feel like rooms we don't really belong in. I said 'yes' to opportunities that made me feel good and 'no thank you' to opportunities that drained me. Without the practice of meditation and journaling, I wouldn't have even known what these opportunities were.”
“Promise under and deliver big.”
As CEO of a hair salon and product line, Tonya Fairley In order to serve her clients and reach a six-figure income, she was forced to pivot over the past year. As the world changed, she quickly put on her innovation hat and moved her brand online to offer virtual consultations, then redesigned her salon to allow for safe one-on-one visits, while also restructuring her service offerings. Overall, she says, she was able to make $130,000. “In the process, we streamlined and donated unused products to a local women's shelter,” she adds.
Fairley says that those looking to stay competitive and hit that $100,000 milestone should follow the old rule of underpromise and overdeliver. “Be open to new ways of serving that bring you joy and make your clients feel valued,” she continues. “I made sure my clients got what they paid for, plus a little extra. I paid attention to the details and let my clients know that I would address small issues without charging them, and they were grateful for that.”
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