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It’s a chicken-and-egg scenario: You want to build credit, but most lenders won’t approve you for an account to help you build your score without a solid credit history. The good news is there are financial products available for those who are building their credit from scratch — a secured credit card being one of them.

Wondering how long does it take to build credit with a secured credit card? It depends on your situation. But if you’re worried about how fast a secured credit can build credit, we have some tips for how to get the most out of a secured card.

Recommended: Secured Credit Card vs. Unsecured Credit Card

What Is a Secured Credit Card?

A secured credit card is one that requires the cardholder to put down a deposit (basically, collateral) in order to open an account. The deposit typically acts as the credit limit. For example, if you make a $500 deposit when opening a secured credit card, the issuer grants you a $500 credit limit.

These types of credit cards are usually meant for those with no or limited credit history who need to build their credit history. Since these types of borrowers appear more risky — there’s no or limited evidence of their behavior as borrowers — secured credit cards reduce the risk for the lender.

Recommended: Does Applying For a Credit Card Hurt Your Credit Score?

How Do Secured Credit Cards Work?

Secured credit cards require the cardholder to “secure” their debt by putting down a refundable deposit. The credit card issuer will use this amount as the credit limit. The card holder can then use the card as they would a more traditional credit card, which may be more in line with their idea of what a credit card is.

Cardholders can make purchases (and take out cash advances, depending on the terms of the card) up to the credit limit. Some secured credit cards even offer rewards, such as cash back or points toward travel.

At the end of each statement period, the issuer will send a credit card statement detailing all applicable transactions, the minimum amount due, and the payment due date. Your payment activity is typically reported to the credit bureaus — late payments could negatively impact your score.

Depending on your card issuer’s terms, you may be able to upgrade to an unsecured credit card (where you don’t need to put down a deposit) and get your deposit refunded if you can consistently make on-time payments for a predetermined amount of time.

Recommended: When Are Credit Card Payments Due?

Building Credit From Scratch With a Secured Credit Card

When it comes to building credit from scratch with a secured credit card, you can typically do so in the following ways:

•   Establishing payment history: Getting a secured credit card means the issuer will report your payment activity to the credit bureaus, in addition to letting them know you opened an account. Since your payment history is one of the most important factors that determine your credit score, making on-time payments helps to establish that you’re a responsible borrower.

•   Maintaining a low credit utilization ratio: Your credit utilization is the percentage of the overall credit limit available to you on your revolving accounts (like a secured credit card) that you’re using. This is another major factor that’s used to calculate your credit score. A general rule of thumb is keeping your credit utilization at 30% or less. Meaning, if your credit limit is $400, don’t carry a balance of more than $120 on your card. A high credit utilization may signal to lenders that you’re not as responsible with debt, which could hurt your score.

Recommended: Tips for Using a Credit Card Responsibly

Pros and Cons of Building Credit Using a Secured Credit Card

Trying to decide if a secured credit card is the right route to build credit? Here are the pros and cons to consider:

Pros	Cons
•   Typically easier approval than other types of credit cards •   Deposit is refundable •   May be able to upgrade to an unsecured card after evidence of responsible borrower behavior •   May offer rewards	•   Can carry high interest rates •   Can’t use deposit amount for as long as you have the card open •   May have to pay an annual fee •   Credit limits are usually lower

Recommended: What is the Average Credit Card Limit?

Tips for Getting the Most Out of a Secured Credit Card

Using a secured credit card can be a great solution to establishing credit. While it’s hard to tell how fast a secured card will build credit, you can get the most out of using one by taking these suggestions into consideration.

Make On-Time Payments

Consistently paying your credit card bill on time will help you to establish a positive credit history. Late payments tend to come with late fees and penalties like additional interest, on top of negative remarks on your credit report.

Pay Your Balance in Full

While you’re only required to make the minimum payment, paying off your balance in full could lower your credit utilization ratio. Further, doing so will help you avoid paying interest on purchases.

Recommended: How to Avoid Interest On a Credit Card

Watch Your Credit Utilization

You can technically spend up to your credit limit, but doing so could negatively impact your score. Instead, keep track of your balance and aim to keep it as low as you can — ideally at 30% off your overall credit limit or less.

Keep in mind that the credit limit for secured credit cards is usually low. To avoid a high credit utilization ratio, you might consider using the card for smaller purchases like subscription services or your daily latte. That way, you’re less at risk of nearing your credit limit.

Monitor Your Credit

Checking your credit report can help you to determine whether your payment activity is being correctly reported to the credit bureaus. This is essential as you’re building your credit from scratch. If there are any errors, it’s best to get those fixed as soon as possible.

Request an Upgrade

A secured credit card can be one of the first steps to accessing other types of credit. It’s helpful to think of the next steps — like upgrading to an unsecured credit card — as you continue to use your current card. Doing so will usually require making on-time payments consistently, and asking your card issuer how getting an upgrade works. While some automatically do it, others may require you to formally submit a request.

Alternative Ways to Build Credit

If you feel like a secured credit card isn’t for you, here are some alternatives to consider to help you build credit:

•   Get your rent, cell phone, and/or utilities payments reported to the credit bureaus. There are many services available if your landlord doesn’t offer this as an option.

•   Become an authorized user on someone else’s credit card.

•   Take out a credit builder loan, where you can borrow a small amount for the purposes of establishing credit.

•   Get a cosigner on a personal loan so you can more easily qualify, and then handle repayment responsibly.

•   Consider retailer, gas, or student credit cards, which are generally easier to qualify for.

•   Take out a secured loan, like an auto loan.

The Takeaway

Using a secured credit card to build credit can take time. Exactly how long it takes to build credit with a secured credit card will depend on your financial behavior. Your best course of action is to continue to show your issuer that you’re a responsible user and monitor your credit regularly to see where you stand.

If you’re responsible with your secured credit card, you can someday upgrade to an unsecured credit card, like the SoFi Credit Card. These cards tend to offer higher credit limits and more generous perks. With the SoFi credit card, for instance, cardholders can earn generous cash-back rewards on all eligible purchases.

FAQ

How do the credit bureaus see unsecured vs secured credit cards?

The credit bureaus see both types of credit cards as a type of credit account. As such, there is virtually no difference in how your activity gets reported.

How often should I use my secured credit card to build credit?

It’s generally a good idea to use your secured card regularly so that more activity gets reported to the credit bureaus. To keep your credit card utilization low, however, consider using the card for smaller purchases.

What are the best ways to use a secured credit card to build my credit?

In most cases, the best ways to use a secured credit card are to make consistent on-time payments, attempt to pay off the balance in full each month (or at the very least, make the minimum payment required), and keep an eye on your credit usage.

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Photo credit: iStock/PeopleImages

Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.


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They say that diamonds are a girl’s best friend, but did you know that you can also build credit with jewelry purchases? If you make your jewelry purchase using a payment plan or with a jewelry store credit card, then buying that watch, engagement ring, or diamond bracelet could help you build your credit score from scratch.

We’ll go through how to build credit by buying jewelry, including what options there are for buying jewelry on credit and what to consider before using a jewelry store credit card.

Recommended: When Are Credit Card Payments Due?

Options for Buying Jewelry on Credit

By purchasing jewelry on credit, it’s possible to build your credit score. Here are a couple of ways that you can do so.

Jewelry Store Financing

Most major jewelry stores offer payment plans, where you pay for your jewelry purchase in installments. You might be able to take advantage of a promotional offer, which could offer interest-free financing for six to 12 months.

While an installment plan can help you build credit, you could end up paying interest on your purchase even with a promotional offer. If you’re late on payments or don’t pay off your balance in time, expect to pay significantly more. Further, to qualify for financing through a retailer, you’ll need stellar credit, which is a tall order if you’re building credit from scratch.

Alternatively, some retailers might allow you to finance your purchase with a buy now, pay later (BNPL) plan. A type of installment plan, a BNPL plan requires you to make an initial payment upfront, then divides the remaining balance into equal installments. You’ll then get billed to your credit card until you’ve paid off the amount owed in full.

As an example of how this works, let’s say you’re planning to propose and agree to engagement ring financing under a BNPL plan. Many plans offer a “pay-in-four” model, where your purchase is divided into four installments, each of which is due every two weeks. If the engagement ring costs $5,500 — which is the average engagement ring cost — you would pay $1,375 initially, then $1,375 every two weeks over the course of six weeks. The pay-in-four setup means you likely wouldn’t owe interest, though longer term plans may charge an annual percentage rate (APR).

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Jewelry Store Credit Cards

If you’re building credit from scratch or have credit that’s poor or fair, then a retailer credit card from a jewelry store might be a solid route to take. Many jewelry store credit cards only require fair credit in order to open an account.

You can also try getting a credit card from a department store that sells jewelry. Typically, retailer credit cards are easier to get approved for when you have less-than-great credit. However, note that they also typically come with higher interest, low credit limits, and some constraints, such as only being able to use the card with the retailer.

Recommended: How to Avoid Interest On a Credit Card

Does Buying Jewelry Help Build Credit?

As mentioned, building credit with jewelry purchases is possible if you tap into a financing option that reports your payment activity to the major credit bureaus. Options that do so include financing through a jewelry store, using a jewelry or retailer credit card, or signing up for a buy now, pay later (BNPL) plan.

Of course, for any of those options to help you with establishing credit, you’ll need to stay on top of making your payments on time and in full. Also make sure you’re adhering to other responsible credit behaviors, such as avoiding maxing out your credit limit if you opt for a jewelry store credit card.

Recommended: Tips for Using a Credit Card Responsibly

How Jewelry Store Credit Cards Can Impact Your Credit Score

When you use a jewelry store credit card, your payments are reported to the credit bureaus. If you’re using your card responsibly and making payments on time, that activity can help to build your credit score. On the flipside, if you fall behind on payments or miss a due date, your credit score could suffer.

Payment history isn’t the only factor that will impact your credit score though. Applying for the credit card will result in a hard inquiry, which usually temporarily lowers your credit score by a bit. And you’ll want to think twice about canceling your card after making your jewelry purchase and paying it off — doing so could affect the length of your credit history, another factor that helps determine your credit score.

Recommended: Does Applying For a Credit Card Hurt Your Credit Score?

How Jewelry Stores Convince You to Finance

Retailers can earn money on interest charges from financing, and potentially get you to make a more expensive purchase than you otherwise would have if you didn’t finance. As such, they have good reason to persuade you to finance that stunning piece of jewelry you’ve had your eye on.

Here are some tactics they might employ to get you to agree to a payment plan or use a retailer credit card:

•   Zero-interest promotional offers: By offering a no-interest promotional period on a payment plan or credit card, a jewelry store may lure you in.

•   In-store promotions: You might see a poster or flier while perusing the jewelry cases. This might motivate you to make your purchase now — as opposed to treating it as an item worth saving for — and therefore agreeing to financing.

•   Several financing options: The sales representative at the store might offer a few ways for you to finance that piece of jewelry, such as an installment plan, BNPL program, or by opening a jewelry store credit card.

Before agreeing to anything, make sure to ask questions to ensure you fully understand what you’d be getting into. You might even consider leaving the store and then coming back later, to give yourself time to think about your purchase and assess the financing options.

What to Ask Before Using a Jewelry Store Credit Card

If you’re considering opening a jewelry store credit card, here are some questions to ask yourself before submitting your application:

•   Can I afford to pay it off? While using a jewelry store credit card can help you build credit and make that large purchase affordable, do some simple math before moving ahead. Determine how long it will take to pay off the balance on the card and whether those payments realistically work within your current budget.

•   What’s the APR? If you’re using a credit card to cover your jewelry purchase, you might not be in a position to pay off your full balance when the due date hits. As such, you’ll want to be aware of the credit card’s annual percentage rate (APR) to determine how much interest will add to the total cost of your jewelry purchase.

•   Is there a promotional period? If you qualify for a no-interest promotional period, it’s important to know how long it will last and when the standard interest rate will kick in. Aim to pay off your purchase before that happens to avoid paying interest.

What to Avoid When Buying Jewelry With Credit

When financing jewelry to build credit, there are a few big things to keep in mind that can help you steer clear of financial trouble.

For starters, you’ll want to avoid putting too much on your card. Doing so can drive up your credit utilization ratio, which compares how much of your overall credit you’re using and plays a role in determining your credit score. For example, if you have one credit card with a credit limit of $1,000 and you’re buying a $600 piece of jewelry, that would push your credit utilization to 60%. It’s typically recommended to keep your credit utilization ratio below 30%.

Second, you’ll want to avoid opening a credit card with a promotional offer that’s too short for you to comfortably pay off your balance before it ends. If you’re still making payments when the standard interest rate kicks in, you could end up paying a lot in interest — and making your jewelry purchase that much more expensive.

You also want to be aware of whether you’re splurging on something that you might not have bought otherwise. While investing in precious metals might seem like a good move, putting something on credit creates the illusion that you can afford it. But in reality, the purchase could end up costing you even more in the long run, thanks to the addition of interest charges.

Recommended: What is the Average Credit Card Limit?

Other Ways to Build Credit

Besides buying jewelry to build credit, here are a few other ways that you can do so:

•   Get a secured card.

•   Take out a credit-builder loan.

•   Become an authorized user on someone else’s credit card.

•   Take out a personal loan.

•   Use an auto loan to finance your next car purchase.

•   Sign up to report your rent and utilities payments to the credit bureaus.

•   Open a credit card and then use it responsibly.

The Takeaway

If you’re curious about how to build credit with jewelry, consider financing your jewelry purchase by taking out a payment plan or by opening a jewelry store credit card. Before doing so, however, know that store payment plans usually require that you have strong or excellent credit.

Rest assured, buying jewelry isn’t the only way to build credit. Another option is to open a crest card that suits your spending habits and then use it responsibly. One option to consider is the SoFi Credit Card, which rewards on-time payments by lowering your APR when you make 12 monthly on-time payments of at least the minimum due. Plus, cardholders can earn generous cash-back rewards on all eligible purchases.

FAQ

Do you need good credit to finance jewelry?

If you’d like in-store financing for jewelry, such as an installment plan, then you typically need excellent credit. However, retail credit cards usually only require a fair credit score.

Are there jewelry stores that give credit?

Yes, major jewelry stores usually offer installment plans, and some might have a branded retail credit card that you can apply for.

Is it easy to get credit at jewelry stores?

Retail credit cards are usually easier to qualify for than other types of credit cards, even if you have fair credit. However, while they’re often easier to get approved for, they often come with higher APRs, low credit limits, and various restrictions.

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Photo credit: iStock/pixelfit

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.



Disclaimer: Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website .

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Teaching can be a rewarding profession, but it typically isn’t a high-paying one. If you’re a teacher, it won’t surprise you to learn that 58% of public school teachers earn supplemental income from side jobs. The challenge is landing a gig that pays enough to make it worth your time and effort.

Not only do those positions exist, these days they can often be done online and on your own schedule. Read on for a look at some of the best-paying options for teachers looking for a side job in 2024.

Qualities of a Good Side Job for Teachers?

Teachers need to consider a number of factors before committing to a side gig: How much stress could the second job cause? Will the hours fit with your current work schedule? And of course, do you plan to work a second job year-round or just during seasonal breaks?

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Things To Look for in a Year-Round Gig

•   Hours that accommodate your teaching schedule.

•   Workload and deadlines that won’t add to your stress level or lead to total burnout.

Things To Look for in a Summer Gig

•   A fun environment or flexible schedule that makes you feel that you’re still getting a break?

•   Something you can return to year after year — and maybe during other school breaks — so you don’t have to start over seeking a new job each summer.

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Things To Consider for Any Second Gig

•   Is the extra paycheck worth the extra work?

•   Could the work you’re doing damage your career as a teacher? (It can be a good idea to check with your employer to see if there are rules for outside jobs.)

•   Can you build skills you’ll use as a teacher, or in another career you might be interested in pursuing?

Pros & Cons of Online Side Jobs for Teachers

Teaching is a challenging job that requires patience and preparation. If you choose to add a side gig, it’s important to have realistic expectations. As you decide whether to take on more work — and what that work might be — here are some pros and cons to keep in mind:

Potential Benefits of a Side Job

•   Make Extra Money: It may take some searching to find a side gig that offers competitive pay — enough to make a difference in your financial situation. Even a few hundred a month can help cover day-to-day bills or finance a future goal, like paying off student loans.

•   Develop a Backup Plan: Your side job can help fill a financial gap if you ever decide to transition to another career, or if you leave one teaching job and take a while to find another. You may even decide the side job is a better fit than what you’re currently doing.

•   Acquire New Skills: A side job can offer opportunities to network and socialize with new people, and learn or fine-tune skills.

Potential Downsides of a Side Job

•   Undermines Work/Life Balance: Teaching already takes up much of your day — even when you aren’t physically at work. If you put that same amount of time and effort into a second job, it could take your attention away from your family and other things you love and enjoy.

•   Turns a Passion into a Pain: You might lose your love for your favorite hobby (photography, reading, writing, crafting, etc.) if you make it an obligation.

•   Requires Startup Costs: If you have to invest money in equipment to get your business going — even if it’s just a new laptop or phone — it may take a while before you start making money.

Why It Can Be Difficult for Teachers To Find Online Side Jobs

Even though opportunities to work remotely are increasing, it still may be hard to find a side job online that meets your needs. The skill set required for an online job might be quite different from what you’re used to as a teacher — and some jobs can require applicants to have specialized training. If you’re completing an application online, it may be tough to convince the employer you can do the job even if you don’t have the training.

It also can be challenging to separate legitimate remote side jobs for teachers from scams that require you to put in some of your own money upfront in order to get the job. (Don’t ever pay for an opportunity!) Employment ads that aren’t specific about pay, or that require a lengthy application process, can also be a turnoff.

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Tips for Finding Online Side Jobs for Teachers

Here are some steps that can help you along on your side-gig search:

Assess Your Skills

Think beyond the classroom as you consider the many marketable skills you can bring to a second job.

Consider Your Interests

You’ll be more engaged and confident if you’re doing something related to your areas of casual expertise or hobbies.

Do Your Research

You may have to learn a new lingo just to understand some online job postings — and respond to them appropriately. Don’t let what seems to be gibberish keep you from finding your fit.

Find a Mentor

If you know someone who has a successful side gig, ask for advice about how to get started. For example, if you’re obsessed with budgets and spending apps, consider an apprenticeship with an experienced tax preparer.

Update Your Online Profile

Take the time to update your profile on relevant social media platforms — whether that’s LinkedIn or Etsy.

Keep Your Priorities in Mind

Be prepared to start small. If you love the work, you can always grow your role over time. You may choose at some point to change careers, but you’ll want to make that decision on your terms, not because you were distracted from your duties as a teacher.

24 Best-Paying Online Side Jobs for Teachers, Part 1: Year-Round

The amount of money you can earn through an online side job varies widely, depending on how many hours you put in, and whether you’re starting at an entry level salary or being compensated for your experience and skills.

Below are two dozen online side jobs for teachers that potentially offer higher earnings. Average wages and job growth outlook are based on data from the Bureau of Labor Statistics. Most side jobs pay an hourly rate vs. a salary, but we’ve included both.

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1. Data Scientist

Potential for Remote Work: Although full-time data scientists typically work in an office environment, much of their work is done online, which makes part-time remote work with flexible hours a possibility.

National Average Pay: $49 median hourly wage; $100,910 median annual wage

Job Growth Outlook: 36% (faster than most occupations)

Job Description: Data scientists create the algorithms and predictive models used to extract meaningful information used in making business decisions.

Job Requirements: Entry level data scientists generally have at least a bachelor’s degree in mathematics, statistics, computer science, or a related field.

How To Get Started: Networking and attending in-person and virtual meetups can help get your foot in the door. Sites like Indeed and LinkedIn post data science jobs, and many companies post open jobs on their own websites.

2. English as a Second Language (ESL) Teacher

Potential for Remote Work: There are many opportunities for ESL teachers to instruct students virtually through video-conferencing platforms. Because learners come from around the world, teachers can put together a work schedule that fits their needs.

National Average Pay: $29 median hourly wage; $59,720 median annual wage

Job Growth Outlook: -6% (declining)

Job Description: ESL teachers tutor students who want to improve their English language skills.

Job Requirements: A bachelor’s degree (in English, communications, or a related field) and/or teaching certificate is typically required; good computer and communication skills are a big plus.

How To Get Started: Job sites like Indeed regularly post remote ESL teaching jobs. Other online platforms recruit ESL teachers, including VIPKid and Skooli.

3. Online Tutoring

Potential for Remote Work: There are all kinds of opportunities for teachers who want to tutor students online. One of the perks is that you can set appointments around your schedule.

National Average Pay: $20 mean hourly wage; $41,780 mean annual wage (pay varies based on subject and student needs)

Job Growth Outlook: Not Available

Job Description: Duties might range from teaching toddlers their ABCs to offering test prep (SAT, ACT, LSAT, etc.) to high school and college students.

Job Requirements: Requirements vary based on subject and student age; a bachelor’s degree and/or teaching certificate may be required.

How To Get Started: You can find tutoring gigs on job boards or through platforms such as Care.com and Tutors.com. Or you may decide to set up your own tutoring business and advertise online.

4. Selling Lesson Plans

Potential for Remote Work: Thanks to the internet, teachers can now share learning materials they’ve created both locally and globally.

National Average Pay: Not available (varies by subject, grade, and amount of content sold)

Job Growth Outlook: Not available

Job Description: Create shareable lesson plans, flash cards, tests, etc., and sell them on your own website or an online platform.

Job Requirements: No set requirements, but you may be asked to prove your credibility when selling your content.

How To Get Started: Check out what others are doing on marketplace sites like TeachersPayTeachers or Etsy. Once you’ve created your content (be careful about copyright infringement), you can market your products on social media or through these platforms. Networking opportunities (attending conferences, etc.) can also help get the word out.

5. Editing / Proofreading

Potential for Remote Work: Content typically can be edited online and on your own schedule, depending on deadline needs.

National Average Pay: For editors, $30 median hourly wage, $63,350 median annual wage; for proofreaders, $22 mean hourly wage, $46,010 mean annual wage

Job Growth Outlook: For editors, -5% (declining); not available for proofreaders

Job Description: Editors plan, review, and revise content provided by writers; proofreaders check copy for errors.

Job Requirements: Good grammar and communication skills; some jobs may require a bachelor’s degree in English, journalism, or a related field.

How To Get Started: You can find editing and proofreading work on job boards or advertised by individual companies.

6. Freelance Writing

Potential for Remote Work: Because you generally can create content anytime and anywhere, freelance writing easily lends itself to remote working.

National Average Pay: $33 median hourly wage; $69,510 median annual wage

Job Growth Outlook: 4% (average for all occupations)

Job Description: Freelance writers provide content for print and online media.

Job Requirements: Good grasp of English language, spelling and grammar, and excellent communication skills. Some employers may require a bachelor’s degree in English, journalism, or a related field.

How To Get Started: You can pitch ideas to your favorite publications or look for work on job boards and platforms such as Upwork and Fiverr. Consider creating a website to showcase your talent. And networking (word of mouth) can be key. If you have a particular expertise (technical, travel, or food writing, for example), make that information known.

7. Creating Printables

Potential for Remote Work: This is another job you can do on your own time and almost completely online.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Create customized calendars, cheerful stickers, classroom decorations, etc.

Job Requirements: Creativity and good design skills are a must; you’ll also need the appropriate design software.

How To Get Started: Creators typically sell printables on sites like Etsy or their own website. Get the word out on social media and by networking and attending conferences for educators, organizational experts, etc.

8. Selling Artwork and/or Crafts

Potential for Remote Work: It may be easier to sell your goods in person at a local craft fair, but if you sell online, you can reach a wider audience and do it on your own time.

National Average Pay: $24 median hourly wage; $49,960 median annual wage

Job Growth Outlook: 6% (average)

Job Description: Selling your own creative works (paintings, photos, sculptures, etc.)

Job Requirements: Creativity and skill in your artistic niche as well as marketing, business, and computer skills.

How To Get Started: Check out e-commerce sites like Etsy and Society6 to see how others are marketing themselves and their products. You can use social media to get the word out, and you may want to develop your own e-commerce site to sell your goods. Be sure to check into whether a business license is required in your area.

9. Medical Transcriptionist

Potential for Remote Work: Because you’ll be working from recordings, you typically can do this work remotely and when it’s convenient for your schedule (deadlines may apply).

National Average Pay: $14 median hourly wage; $30,100 median annual wage

Job Growth Outlook: -7% (declining)

Job Description: Transcribe audio content into written content.

Job Requirements: May require certification. Employers may test for typing speed and accuracy. Discretion and some knowledge of medical terms and basic anatomy are a plus. You may have to purchase special equipment to do the job.

How To Get Started: Check out job boards and medical transcription sites. A transcription course (in-person or online) may offer career services.

10. Graphic Designer

Potential for Remote Work: Graphic designers can do most of their creative work on their own schedule, but you will have to find time to communicate with your clients. And deadlines may be a factor.

National Average Pay: $24 median hourly wage; $50,710 median annual wage

Job Growth Outlook: 3% (slower than the average for all occupations)

Job Description: Use design software to create visuals that convey your employer’s message.

Job Requirements: Knowledge of design software, creative skills, and an ability to collaborate with others; some employers may require a bachelor’s degree in graphic design or a related field.

How To Get Started: Job boards offer remote graphic design positions for a wide range of specialties. You also can build an online portfolio and use social media to generate interest.

11. Life Coach

Potential for Remote Work: Life coaches can manage client sessions by phone or with video conferencing.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Assist clients in reaching their full potential.

Job Requirements: No formal requirements exist for life coaches, but prospective clients may prefer that you have some type of training or credentials. A background in counseling and psychology is helpful. Important traits include empathy, patience, and creative problem-solving skills.

How To Get Started: It may help to work with an experienced life coach when starting out. Networking and social media can be a useful way to find clients.

12. Translator

Potential for Remote Work: Freelance translators typically can work from home using their own computer.

National Average Pay: $24 median hourly wage; $49,110 median annual wage

Job Growth Outlook: 20% (much faster than the average for all occupations)

Job Description: Convert written content from one language to another.

Job Requirements: Must be proficient in English and at least one other language; some employers may require a bachelor’s degree.

How To Get Started: Check translation agencies and job boards, or you can solicit work through social media.

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13. Digital Marketer

Potential for Remote Work: If you can collaborate with clients and coworkers without meeting in person, this job can be done remotely.

National Average Pay: Not Available

Job Growth Outlook: Not Available

Job Description: Promote individuals and businesses using social media, search engines, websites, and other online tools.

Job Requirements: Should be familiar with social media platforms. Creativity, patience, and strong communication and problem-solving skills are a plus. Some employers may require a bachelor’s degree in communications, marketing, public relations, journalism, or a related field.

How To Get Started: Networking — online and in person — can be a good way to get your foot in the virtual door; check job boards for listings.

14. App Developer

Potential for Remote Work: Developers often work independently.

National Average Pay: $38 median hourly wage; $78,300 median annual wage

Job Growth Outlook: 23% (much faster than average)

Job Description: Create, test, and improve software applications.

Job Requirements: Collaboration, creativity, and computer savvy are important. Some employers may require a bachelor’s degree in information technology, computer science, or a related field.

How To Get Started: Taking courses in app development and networking with like-minded creative types Can help with finding a mentor and freelance gigs.

Recommended: 30 Low-Stress Jobs for Introverts

15. Creating Video Tutorials

Potential for Remote Work: You can produce videos on your own anywhere you like and on your own time.

National Average Pay: Not Available

Job Growth Outlook: Not Available

Job Description: Film tutorials and monetize them.

Job Requirements: Knowledge of your subject, technical ability to produce videos, and marketing savvy to build your brand. You’ll also need a good video camera and computer.

How To Get Started: Anyone can make an instructional video and upload it to YouTube. Building a strong portfolio and a reputation for solid content will help you monetize your videos.

16. Fitness Trainer

Potential for Remote Work: If you can find clients who prefer to exercise from home and can do their workouts when you’re available, you can teach them from your home.

National Average Pay: $20 median hourly wage; $40,700 median annual wage

Job Growth Outlook: 19% (much faster than average)

Job Description: Teach online classes in general fitness, yoga, strength training, etc.

Job Requirements: Though no degree is required, there are certifications available for personal trainers. You’ll also need good lighting, space to do your workouts, and video and computer equipment.

How To Get Started: If you’re a physical education teacher, coach, or a longtime gym-goer, you can spread the word on social media and through word of mouth.

17. Blogging

Potential for Remote Work: Blogging can be done at your convenience.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Entertain and inform an online audience with written and visual content.

Job Requirements: To make money from a blog, you’ll need to engage your audience and post frequently.

How To Get Started: You can start out by writing on a popular blogging platform, and then get the word out on social media. Network with others who may be interested in what you’re blogging about.

18. Test Scorer

Potential for Remote Work: Remote workers can score most types of multiple choice and essay exams.

National Average Pay: Not available

Job Growth Outlook: Not Available

Job Description: Grade tests and offer feedback to test-givers and test-takers.

Job Requirements: Subject expertise and attention to detail. Some employers may require a bachelor’s degree in education or a related field.

How To Get Started: Job boards frequently offer test scoring gigs, or you can query evaluation services like ETS and Measurement Incorporated.

19. Curriculum Specialist

Potential for Remote Work: Teachers typically can provide curriculum support online at their convenience, though you may have to meet with others in person or at scheduled online conferences.

National Average Pay: $31 median hourly wage; $63,740 median annual wage

Job Growth Outlook: 7% (average for all occupations)

Job Description: Develop curriculum and/or offer feedback to schools and other education services.

Job Requirements: Employers may require a bachelor’s or master’s degree as well as a few years of experience in teaching or a related field.

How To Get Started: Check job boards, but you may also find opportunities while networking with other educators.

24 Best-Paying Online Side Jobs for Teachers, Part 2: Seasonal / Summer

Because these jobs may require interacting with an employer or team members in person or remotely during the day, teachers may find it’s easier to put in their hours during seasonal school breaks.

20. Customer Service Representative

Potential for Remote Work: Customer service representatives often can work from home. However, you may have to attend some in-person training sessions before you get started, and you’ll have to find a work schedule that fits with your teaching job.

National Average Pay: $18 median hourly wage; $36,920 median annual wage

Job Growth Outlook: -4% (declining)

Job Description: Provide support to customers who require assistance.

Job Requirements: Patience and good communication and problem-solving skills are key. Some type of on-the-job training likely will be required. Some companies have requirements for the type of computer and phone you can use, and a strong Wi-Fi connection is a must. (Shy types need not apply, but there are plenty of jobs for antisocial people.)

How To Get Started: Customer service jobs are often listed on online job boards and through employment agencies.

21. Travel Agent

Potential for Remote Work: This job can be done remotely, but travel agents should be available to communicate with anxious clients who have questions and concerns.

National Average Pay: $21 median hourly wage; $43,810 median annual wage

Job Growth Outlook: 20% (much faster than average)

Job Description: Help clients choose and book work and leisure trips; provide assistance when problems arise.

Job Requirements: Good communication, customer service, and organizational skills are important. Some employers or clients may expect you to have some type of certification. Lots of travel experience is a plus.

How To Get Started: Check job boards and local agencies. It may help to work for an agency first before starting your own business.

22. Tax Preparation

Potential for Remote Work: Tax services regularly hire seasonal workers to prepare returns from home.

National Average Pay: $25 mean hourly wage; $51,080 mean annual wage (does not include accountants and auditors)

Job Growth Outlook: Not Available

Job Description: Work with individuals and businesses to prepare tax returns and assist in resolving tax issues.

Job Requirements: Must be well-versed in current tax code. May have to complete company training. Must maintain a Preparer Tax Identification Number and may need an Electronic Filing Identification Number (EFIN).

How To Get Started: Check job sites or go directly to companies like H&R Block, Intuit, or small local firms. Seasonal work (January through April) is easier to find, but some year-round opportunities may be available.

23. Appointment Generator

Potential for Remote Work: Working remotely should be doable, but it may be difficult to manage the work during off hours.

National Average Pay: Not available

Job Growth Outlook: Not available

Job Description: Handle cold calling and book appointments for real estate agents and other sales professionals.

Job Requirements: Strong communication and organizational skills.

How To Get Started: Check job boards and promote your services on social media; attend networking events.

24. Virtual Assistant

Potential for Remote Work: Many administrative duties can be handled online and after hours. If you’re required to do phone work, however, you may have to limit your work time to school breaks.

National Average Pay: $19 average median salary; $39,680 average annual salary (includes administrative assistants who work onsite)

Job Growth Outlook: -8% (declining)

Job Description: General administrative support may include organizing and answering emails, scheduling appointments, arranging travel, and making phone calls.

Job Requirements: Strong communication and organizational skills, attention to detail.

How To Get Started: Job boards are loaded with positions for different types of virtual assistants.

The Takeaway

If you’re a teacher looking to earn additional income, you’ll find there are many side jobs that fit your skills and schedule, and still offer a competitive paycheck. You can take on jobs that tap into your educational expertise: tutor, curriculum specialist, lesson plan developer, test scorer. Or you may prefer to pursue another passion, like selling your artwork or working as a virtual assistant for a nonprofit you admire. The keys are to avoid burnout and to make the most of the time you put in.

While you’re working on your financial goals, you may want to take advantage of a money tracker app that helps you keep tabs on your spending and savings. With SoFi, you can monitor your credit, build a better budget, and get financial tips.

Check out how SoFi can help you manage your money — all in one place and at no cost.

FAQ

How can teachers make extra money online?

Working remotely allows teachers to pursue a second job that fits their schedule and their skills. Many opportunities are available on job boards and freelance sites.

What are the best side jobs for teachers?

The best side jobs for teachers are those that allow them to earn a good paycheck while maintaining a healthy work-life balance. Remote freelance work is easy to find these days, and generally pays better than minimum wage. Check freelance job boards for ideas.

What are the most profitable side hustles?

Some of the most profitable side hustles are technology-oriented. Those jobs also can be a good fit for people who wish to work remotely. If you have skills or experience with computers, IT, or app development, you can parlay it into a well-paying side gig. Full-timers can easily make a $100,000 salary.

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Photo credit: iStock/DMEPhotography

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.

Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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Are you an introvert in search of the perfect job environment? Introverts typically focus on internal feelings rather than external stimuli, and need alone time to thrive. Introverts often have excellent listening skills, avoid conflict, take time making decisions, prefer to work alone, and feel drained after being in a crowd.

A part-time remote job can be a good move for introverts. We’ll dive into a list of flexible remote jobs, the pros and cons, and how to evaluate remote job opportunities.

What Are Flexible Remote Jobs?

The most basic definition of a remote job is one that allows you to work from home instead of from a traditional office. However, there are some variations on remote work.

Some positions are 100% remote, which means you work from home every day. You do not need to be in an office at all or travel for your job. Hybrid remote jobs are partially remote, which means you may need to travel or spend time in the office for some of your working hours.

Finally, you might have the “option” of remote work. Some employers offer the option to work from home or go into the office.

Pros and Cons of Getting a Remote Job

There are both pros and cons to getting a remote job. Let’s take a look at them.

Pros:

•   Higher productivity: Remote employees are often more productive because they can get more work done in a quieter working environment with fewer interruptions. They take fewer breaks and experience fewer sick days than those who work in an office. (After all, germs spread throughout an office like wildfire.) In addition, remote workers can often accomplish tasks at a more comfortable pace without having to worry about office drama.

•   Better work-life balance: Working from home can improve your work-life balance, allowing you to spend more time with family, pets, or partner. Employees may also worry less about taking time off to care for a family member.

•   Saves on commuting: Remote work allows you to reduce your carbon footprint by not commuting or taking public transportation. Not driving to work can also save money on fuel, maintenance, and insurance.

Cons:

•   Fewer teamwork opportunities: Just as it’s difficult to assemble a robust happy hour with a fully online team, it’s also harder to build true camaraderie. It may be more difficult for managers to build inherent trust with a team that doesn’t see each other every day.

•   Reduced social interaction: As an individual who works remotely, you may find reduced social interaction one of the most obvious downsides of working remotely. It can exacerbate feelings of isolation.

•   Less access to IT support: If you have a problem with your computer or need access to particular software, you might have trouble finding the same type of help as you would in an office.

•   Must be intrinsically motivated: It helps to be a self-starter when you work remotely. If you need the motivation of a team or an office to get you through your workday, you may prefer an in-person environment.

Why Are Remote Jobs Good for Introverts?

Working remotely at home can help introverts find the quiet space they need to focus. You may also find there are mental and physical benefits. Virtual meetings may be less intimidating for introverts, who may have trouble speaking up in large groups.

Remote part-time jobs also help traditional workers earn supplemental income. A free budget app can help you decide how much you need to earn per hour or per paycheck.

Where To Look for Remote Jobs for Introverts

You can find remote jobs for introverts on platforms like FlexJobs.com or WeWorkRemotely.com. Searching “jobs with flexible schedules near me” on Google might even yield some opportunities.

Take a look at company career pages on LinkedIn, or inquire within your personal network. Your friends or family may know of a great connection for a remote job.

How To Evaluate a New Remote Job Opportunity

Once you find a listing with potential, how do you know whether it’s a good opportunity to make money from home? Let’s walk through some ways to evaluate job posts.

Start by researching the company’s culture and values. Try to get a clear understanding of the nature of the company’s remote work and whether that environment has always been in place. You may also want to find out about opportunities for smaller gatherings with other remote employees for professional or social support.

It’s important to find the right fit even when an opportunity is entirely remote. Culture and overall environment can vary a lot between companies even outside the office.

31 Part-time Remote Jobs With Flexible Schedules

Below, we’ve compiled some remote jobs with flexible schedules that are worth considering, as well as passive income ideas. These roles have different degrees of flexibility, salary ranges, and educational requirements.

Some of these ideas could also be good work-at-home jobs for retirees.

Recommended: Does Net Worth Include Home Equity?

1. Graphic Designer

National average salary: $50,710 per year

Job growth outlook (2021-2031): 3%

Job description: Graphic designers help communicate ideas through visual organization and design. They work on a wide variety of projects for customers, such as advertisements, websites, print materials, and more.

Requirements: Typically requires a bachelor’s degree in graphic design as well as a portfolio to showcase past projects.

2. Accountant

National average salary: $77,250

Job growth outlook (2021-2031): 6%

Job description: Accountants analyze, verify, file, and interpret financial records. They prepare and explain financial statements, and develop financial reporting methods. Accountants work with a wide variety of organizations, from individuals and small businesses to large corporations.

Requirements: Usually requires a degree in accounting or a related field. Accountants can also pursue further certification, such as a Certified Public Accountant (CPA). Advanced certifications may improve your chances of finding jobs with flexible schedules.

3. Computer Programmer

National average salary: $93,000

Job growth outlook (2021-2031): -10%

Job description: Computer programmers work software by writing, modifying, and testing code and scripts. They ensure that software meets performance, reliability, and security standards, update existing programs, and check for errors in code. Programmers work in computer systems design and other related industries.

Requirements: Bachelor’s degree is typically required, and you must also be proficient in several programming languages.

4. Drafter

National average salary: $60,290

Job growth outlook (2021-2031): -3%

Job description: Drafters convert rough engineering and architectural designs into precise technical drawings and plans, using software. The same computer-aided drafting (CAD) programs are used by many industries, outlining the dimensions, materials, and procedures for building. If this sounds intriguing, you may want to learn more about trades that make the most money.

Requirements: Typically requires a drafting degree from a community college or technical school.

5. Insurance Underwriter

National average salary: $76,390

Job growth outlook (2021-2031): -4%

Job description: Underwriters evaluate insurance claims, help decide policy coverage and premiums, and analyze risk using mathematical models. They may assess the risks of home, auto, or life insurance.

Requirements: Usually must have a bachelor’s degree to enter the field, though experience may count in this career. Underwriters must pursue certification to advance to more senior positions.

6. Actuary

National average salary: $105,900

Job growth outlook (2021-2031): 21%

Job description: Actuaries use mathematical formulas to analyze risk, including economic costs, for organizations. They collect and compile statistical data, perform risk assessments, and implement plans based on the data collected. Actuaries also use financial theory to determine risk.

Requirements: Requires a bachelor’s degree and a series of assessments for certification at different levels.

7. Data Scientist

National average salary: $100,910

Job growth outlook (2021-2031): 36%

Job description: Data scientists analyze information using specialized tools and techniques to help organizations derive meaning from numbers. They collect and organize data into useful formats and build predictive modeling for organizations. These scientists extract insights with the goal of increasing efficiency in organizations.

Requirements: Generally must have a bachelor’s degree in mathematics or statistics; some organizations require a master’s or doctoral degree.

8. Desktop Publisher

National average salary: $46,910

Job growth outlook (2021-2031): -14%

Job description: Desktop publishers design page layouts for online printed or published items. They review text, graphics, and other materials created by writers and designers, and use computer software to create various documents and products. Desktop publishers also collaborate with design and media professionals such as graphic designers and illustrators.

Requirements: Typically requires a bachelor’s degree.

9. Bookkeeper

National average salary: $45,560

Job growth outlook (2021-2031): -5%

Job description: Bookkeepers keep track of financial records by recording transactions, creating invoices, handling payroll, and balancing the books for a company. They provide up-to-date information about financial transactions for an organization.

Requirements: Some postsecondary education may be required.

10. Social Media Manager

National average salary: $72,845

Job growth outlook (2021-2031): 10%

Job description: Oversees a company’s social media strategy, which may involve analyzing data, driving customers to a company’s social platforms, understanding customer behavior online, increasing brand awareness, and planning digital sales campaigns.

Requirements: Typically requires a bachelor’s degree in an area such as marketing, journalism, or communication.

11. Online Marketer

National average salary: $60,334

Job growth outlook (2021-2031): 10%

Job description: Digital marketers use online channels to develop a company and its products. This can involve reaching out to customers, managing marketing campaigns, promoting products and services, data analysis, and evaluating new digital technology emerging marketing trends.

Requirements: Bachelor’s degree required in a related field, such as marketing, advertising, digital media, communication, website/graphic design, or English.

12. Data Entry Keyer

National average salary: $35,630

Job growth outlook (2021-2031): Flat

Job description: Maintains and updates databases with customer information for companies, compiles and sorts information, and reviews data to look for errors.

Requirements: Generally requires a high school diploma and on-the-job training

13. Medical Coder

National average salary: $54,797 (for certified and noncertified coders)

Job growth outlook (2021-2031): 7%

Job description: Medical coders update patient records after appointments for billing and insurance purposes. Medical coders assign a code to each diagnosis and procedure after patient visits.

Requirements: A certificate or associate degree may be required. The American Association of Professional Coders (AAPC) offers a popular certification that covers procedure codes for billing and insurance claims.

14. Sales Representative

National average salary: $30,600

Job growth outlook: Decrease of about 164,500 jobs over the decade

Job description: Remote sales reps sell products over the phone. They find customers, use sales techniques on the customer, and develop relationships to drive future sales.

Requirements: May qualify without formal education, but a bachelor’s in finance, business administration, or marketing may be required. Companies may teach you further techniques in cold calling, finding leads, and using sales techniques.

15. Online Tutor

National average salary: $30,886

Job growth outlook: 17% over the next decade

Job description: Online tutors do the same things as in-person tutors, including meeting with students one-on-one. However, they meet with students on Zoom or another online method instead of in person.

Requirements: Depends on the subject you teach, but clients/students may prefer tutors who list degrees or credentials.

16. Freelance Writer

National average salary: $69,510

Job growth outlook (2021-2031): 4%

Job description: Freelance writers and authors may write for a variety of media and brands: websites, newspapers, magazines, company documents, and more. Many types of companies hire freelance writers instead of hiring in-house. Aspiring freelance writers can jumpstart their career by trying it out as a side hustle.

Requirements: Writers should have a college degree in journalism, English, communications, or a related field.

Recommended: Should I Sell My House Now or Wait?

17. Film and Video Editor

National average salary: $60,360

Job growth outlook (2021-2031): 12%

Job description: Film and video editors work in film production by editing and assembling videos to inform or entertain an audience. They may manipulate footage, dialogue, sound effects, special effects, and more to create video content for a wide variety of sectors.

Requirements: Typically requires a bachelor’s degree in film or broadcasting to work for a company; on a freelance basis, a degree is likely not required.

18. Project Management Specialist

National average salary: $94,500

Job growth outlook (2021-2031): 7%

Job description: A “PM” controls every stage of a project, from planning to helping execute the final steps. They may schedule milestones, put together a budget, and assign duties to individual participants.

Requirements: Typically requires a bachelor’s degree to work for a company.

19. Information Security Analyst

National average salary: $102,600

Job growth outlook (2021-2031): 35%

Job description: Talk about high-paying jobs with flexible schedules — information security analysts fit that mold perfectly. These analysts keep company data safe from breaches and cyber attacks. They create plans to protect information from cyber criminals and assess system vulnerabilities within the organization.

Requirements: Bachelor’s degree in computer science and experience in the field.

20. Recruiter or Human Resources Specialist

National average salary: $62,290

Job growth outlook (2021-2031): 8%

Job description: Recruiters or HR specialists recruit, screen, and interview job candidates. They might also train, handle benefits and compensation, and work with individuals once they become employees. Those who work remotely may handle the screening part of the interview process or recruit remotely.

Requirements: Typically requires a bachelor’s degree in HR, business, or a related field.

21. Market Research Analyst

National average salary: $63,920

Job growth outlook (2021-2031): 19%

Job description: Market research analysts gather information about consumers and competitors and draw conclusions based on their research to help make decisions about the viability of products or services. They help companies understand the products people want, the demographics of the consumers buying them, and the optimal cost of an item.

Requirements: Bachelor’s degree in statistics, marketing, or a related field. Some employers may require candidates to have a master’s degree.

22. Freelance Editor

National average salary: $63,350 per year

Job growth outlook (2021-2031): -5%

Job description: Editors can work for organizations in many sectors. They may plan and edit content, conduct research, rewrite work, fact check, copy edit, proofread, and more.

Requirements: Typically requires a bachelor’s degree in communications, journalism, or English, as well as writing and proofreading experience.

23. Virtual Assistant

National average salary: $58,991

Job growth outlook: Grew by $4.12 billion this year

Job description: Virtual assistants can work for any type of company that requires administrative or clerical work. For example, they may schedule appointments, make phone calls, arrange travel, or manage emails.

Requirements: No degree is required but candidates may need to specialize in a specific area; must have a strong internet connection and an ability to communicate on online platforms.

24. Remote Trader

National average salary: $84,838

Job growth outlook (2021-2031): 10%

Job description: Remote traders handle financial investments, such as stocks, bonds, and other securities on behalf of clients. Traders must have deep knowledge of the stock market to analyze, buy, and sell investments on behalf of clients. Remote traders, who work for themselves and with their own cash, are also called “day traders.”

Requirements: Typically requires a bachelor’s degree to work for a company. If you work for yourself, no degree is required. Must have knowledge of the stock market and trading.

25. Search Engine Optimization Analyst

National average salary: $65,320

Job growth outlook: Will reach $77.6 billion in 2023

Job description: Search engine optimization (SEO) managers coordinate a company’s or business’s SEO strategy — that is, what will drive a website or piece of content to the first page of Google results. They may handle marketing, analysis, content, link building, and keyword strategy.

Requirements: Bachelor’s degree and/or related experience

26. Fundraiser

National average salary: $60,660

Job growth outlook (2021-2031): 11%

Job description: Fundraisers organize events and run campaigns to raise money, typically for nonprofit organizations. Fundraising might not seem as if it’s the best choice for introverted employees. However, a lot of emails exchange hands, and it’s still possible to do the job well even if you’re not the most outgoing individual on your team.

Requirements: A bachelor’s degree is typically required, with strong communication skills — but not necessarily verbal skills.

27. Telemedicine Radiologist

National average salary: $494,400

Job growth outlook (2021-2031): 6%

Job description: Radiologists diagnose injuries and diseases using medical imaging like X-rays, computed tomography (CT) scans, magnetic resonance imaging (MRI) scans, nuclear medicine, positron emission tomography (PET), and ultrasounds. Telemedicine radiologists do all this via computer.

Requirements: Requires a medical degree and a residency in radiology as well as successful completion of certification exams through the American Board of Radiology.

28. Telemedicine Family Doctor

National average salary: $191,202

Job growth outlook (2021-2031): 3%

Job description: Some family physicians offer telemedicine-only options. The position might involve the same type of medicine as a regular doctor’s office, except physicians diagnose mild symptoms only and refer patients to other specialists. If you’re a doctor who finds a regular clinical setting to be too taxing as an introvert, a telemedicine option might be right for you.

Requirements: Requires a medical degree.

29. Telemedicine Psychologist

National average salary: $81,000

Job growth outlook (2021-2031): 6%

Job description: Psychologists observe and help patients cope with cognitive, emotional, and social problems and behaviors. They also help manage illnesses and supervise patient assessments with the overall goal of achieving wellness. Telemedicine psychologists interact with patients via Zoom or similar platforms.

Requirements: Typically requires a doctoral degree in psychology.

30. Medical Transcriptionist

National average salary: $30,100

Job growth outlook (2021-2031): -7%

Job description: Medical transcriptionists convert voice recordings from physicians and other healthcare workers into reports that medical professionals can use.

Requirements: Postsecondary education certificate is required as well as basic medical knowledge.

31. Virtual Health Coach

National average salary: $48,860

Job growth outlook (2021-2031): 12%

Job description: Virtual health coaches help individuals attain health and well-being by delivering plans to achieve specific goals or implement goals prescribed by doctors and other professionals.

Requirements: You typically need to earn at least a bachelor’s degree.

Recommended: What is The Difference Between Transunion and Equifax?

The Takeaway

Introverts can find a wide variety of remote jobs with flexible schedules. Whether you prefer a second gig or a full-time job, you’ll find great ideas on our list. Some roles require specific skills or personality traits, such as bookkeeper, sales rep, drafter, or social media manager. Others are open to anyone willing to stick it out through the learning curve period, like data entry, medical coder, online tutor, video editor, or fundraiser. Jobs requiring advanced degrees are intended for current practitioners who are unfulfilled in a typical office setting.

SoFi has a money tracker app that gives you a birds-eye view of all your accounts. From monitoring your credit score to keeping tabs on your spending and savings, SoFi can help you manage it all.

SoFi helps you track your money like a champion — at no cost.

FAQ

Is remote work good for introverts?

Yes, remote jobs can be good for antisocial people or just shy introverts. Still, it’s important to cast a wide net — including part-time jobs with flexible schedules — to find a role that aligns with your needs and preferences.

What jobs will allow me to work remotely?

The best remote jobs with flexible schedules don’t fall into just one category. Almost every industry offers some remote work options. The right job for you depends on your education, experience, personality, and career goals. Start with what you want to do, and then look for remote opportunities.

What is the best job for a shy person?

There’s no one best job that will fit any shy person, just as there’s no one perfect job that will fit any outgoing person. There are many work-from-home jobs with flexible schedules that introverted people may want to consider. Consider researching online, and contacting people you know about their positions before you make a decision.

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Photo credit: iStock/vorDa

SoFi Relay offers users the ability to connect both SoFi accounts and external accounts using Plaid, Inc.’s service. When you use the service to connect an account, you authorize SoFi to obtain account information from any external accounts as set forth in SoFi’s Terms of Use. Based on your consent SoFi will also automatically provide some financial data received from the credit bureau for your visibility, without the need of you connecting additional accounts. SoFi assumes no responsibility for the timeliness, accuracy, deletion, non-delivery or failure to store any user data, loss of user data, communications, or personalization settings. You shall confirm the accuracy of Plaid data through sources independent of SoFi. The credit score is a VantageScore® based on TransUnion® (the “Processing Agent”) data.

*Terms and conditions apply. This offer is only available to new SoFi users without existing SoFi accounts. It is non-transferable. One offer per person. To receive the rewards points offer, you must successfully complete setting up Credit Score Monitoring. Rewards points may only be redeemed towards active SoFi accounts, such as your SoFi Checking or Savings account, subject to program terms that may be found here: SoFi Member Rewards Terms and Conditions. SoFi reserves the right to modify or discontinue this offer at any time without notice.

Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.

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In some ways, net worth and wealth can be tricky terms to define. To some people, the phrases are synonymous. As others acknowledge, the perception of wealth is influenced by a variety of factors, including where you live, career, and age.

Here’s a deep dive into how to calculate individual net worth, and some of the factors that may influence our perception of wealth.

How to Calculate Individual Net Worth

An individual’s net worth is the value of all of their combined assets minus any liabilities (that is, outstanding debts). If your assets are worth more than your liabilities, you have a positive net worth. If you owe more than you own, your net worth is negative.

Assets you may use as part of your net worth calculation can include:

•  Real estate. Your home, second home, rental property, commercial real estate, or other holdings.

•  Cars and other vehicles. Note that automobiles are typically subject to depreciation in value over time.

•  Investments. Stocks, bonds, mutual funds, and retirement accounts.

•  Cash

•  Life insurance. Use the cash value.

•  Household items. Furniture, silverware, etc.

•  Jewelry. Plus precious gems and metals.

Liabilities are debts such as:

•  Balance remaining on your mortgage

•  Student loans

•  Auto loans

•  Credit card debt

Recommended: Does Net Worth Include Home Equity?

Recommended: Can You Roll Student Loans into Your Mortgage?

What Is the Difference Between Net Worth and Income?

Net worth and income don’t necessarily go hand in hand. Income is the money that is reported on a tax return, while a high net worth results from owning valuable assets. High net worth could be a result of careful saving, inheriting money, or hanging onto highly appreciated assets.

For example, let’s say someone bought a house in a once-undesirable neighborhood decades ago. Today, that neighborhood is super popular and the house is worth much more. Even if they don’t sell, the homeowner has increased their net worth without a boost in income.

On the other hand, a professional with a high salary who carries a lot of debt could have a relatively low net worth, especially if they also maintain a costly lifestyle. That said, income certainly has a big impact on how much wealth a person is able to accumulate.

Income is also one way that researchers sort individuals into economic classes, though the income ranges that delineate class can vary from year to year and by research methodology.

Recommended: What Percentage of Income Should Go to Rent and Utilities?

What Salary Is Considered a Middle Class Income?

Pew Research defines middle-income Americans as those whose annual size-adjusted income is two-thirds to double the median size-adjusted household income. (Size-adjusted household income refers to the number of people within the household.)

A single middle-income individual can earn $30,003 to $90,010, while a family of three earns $51,967 to $155,902. Low-income individuals earn less than two-thirds of the median size-adjusted household income.

Recommended: Should I Sell My House Now or Wait?

What Salary Is Considered an Upper Class Income?

Upper-income individuals earn more than double the median size-adjusted household income. An individual can earn more than $90,010, while a family of three may earn more than $155,902.

Here’s a side-by-side comparison of size-adjusted household income for upper income and middle income Americans.

	Individual	Couple	Three-person family	Four-person family	Five-person family
Middle Income	>$30,003	>$42,431	>$51,967	>$60,007	>$67,089
Upper Income	>$90,010	>$127,293	>$155,902	>$180,020	>$201,268

Why Wealth Is Relative Person to Person

The definition of “wealthy” differs depending on a person’s background, geography, and age. Consider a law student who earns very little money each year and carries hundreds of thousands in student debt. While their current wealth may be low, their potential future earnings may be quite high, and could catapult them into the wealthiest classes.

Consider, too, that where you live has a big impact on how far your wealth will stretch. A middle-income earner in an expensive city like San Francisco or New York may find it more difficult to make ends meet than someone in a small town in Oklahoma with a lower cost of living.

Ways to Measure Wealth

While wealth and net worth can be considered synonymous in some cases, there are other factors that play into the perception of wealth and a person’s ability to accumulate it, from demographic differences to potential return on investment, which may not have an immediate impact but can increase future wealth.

Income

As mentioned above, high income does not necessarily lead to high net worth — but it can. High earners may use their income to acquire assets that maintain equity, such as a home. These people may also use their earnings to invest within retirement and brokerage accounts.

Personal Savings

Your personal savings may refer to the cash you have on hand in checking and savings accounts, certificates of deposit, and money market accounts. It may also refer to the savings you have invested in brokerage and retirement accounts.

Ideally, these investments will appreciate over time, increasing net worth and providing a future source of income to maintain your standard of living after you stop working.

Investment Rate of Return

An important factor in accumulating wealth is the rate of return (ROR) on your investments. Investment returns are not guaranteed. Stock prices rise and fall according to various trends in the market. Even bonds, which are relatively safe, are subject to default from time to time.

In the past, the stock market tended to rise over the long term. In fact, since 1926, the average annual rate of return for the stock market has been about 10%, surpassing potential returns for other major types of investments, including bonds.

Investors who save more, and hold more of their investment portfolio in stocks, may be better positioned to take advantage of these potential future returns.

Real Estate Assets

One way to think about wealth is as the maintaining of assets. Real estate can be a good place to build equity, and it can appreciate in value. Returns can vary widely depending on what type of real estate you buy — whether a home or commercial property — and where the property is located. Historically, the rate of return on real estate has been close to stock market returns. One study found that the average return lies between 8.6% and 10%.

Age and Family Status

Demographic factors can have an impact on how much money you earn and the wealth you can accumulate. For example, median weekly earnings vary by age and gender.

Perhaps unsurprisingly, men and women ages 16 to 24 have the lowest median weekly earnings, with men earning $694 per week and women earning $628 in the first quarter of 2022, according to Bureau of Labor Statistics data.

Men age 35 and over enjoyed the highest median weekly earnings:

•  35 to 44: $1,257

•  45 to 54: $1,274

•  55 to 64: $1,246

Women earned less overall than men:

•  35 to 44: $1,037

•  45 to 54: $1,063

•  55 to 64: $997

The number of people in a household has a different impact. More people under one roof may require a larger home and more money spent on things like groceries, clothing, and transportation. As a result, a single individual usually requires less wealth to maintain a certain lifestyle than a family of five.

Good Credit Score

While not exactly a measure of wealth, a good credit score is a measure of financial health. It suggests that you have not taken on more debt than you can handle, and that you are able to make your payments on time.

A good credit score can also help you leverage your wealth to achieve financial goals. For example, lenders will look at your credit score when you apply for a loan to determine your credit worthiness. A good score can help you qualify for loans with lower interest rates. Individuals with bad credit, on the other hand, may be seen as a risk, and lenders may charge higher interest rates to compensate.

As a result, a good credit score can help you qualify for loans, such as a mortgage, at affordable rates that can help you build wealth.

Recommended: What is The Difference Between Transunion and Equifax?

Difference Between Material Wealth vs Spiritual Wealth

Material wealth is dependent on the physical and financial assets that you own and the debts you carry. Spiritual wealth, on the other hand, is not based on tangible items. Rather it’s based on things like a sense of well-being and happiness.

Are material wealth and spiritual wealth linked? A little over a decade ago, a study by Daniel Kahneman and Angus Deacon found that a sense of well-being plateaued for individuals earning $75,000 or more a year. More recent research by Matthew A. Killingworth has called these findings into question, suggesting that there is no plateau, and higher incomes may be associated with being more satisfied with life overall and feeling better day to day.

Regardless, Killingsworth notes that the relationship between wealth and well-being is likely overestimated, especially when an individual earns enough to cover their basic needs.

Appreciating What You Have

One of the reasons that higher income doesn’t always translate into greater wealth is a phenomenon known as “lifestyle creep.” This occurs when increasing income leads to an increase in discretionary spending. A certain amount of lifestyle creep can result from trying to “keep up with the Joneses” — a tendency to accumulate material goods to compete with others in one’s perceived social class.

For example, as a person earns more, they might buy a bigger house, a more expensive car, pricey clothes, and start sending their kids to private school. These costly habits can mean that the individual may not be able to save more than when their salary was lower.

Try to avoid lifestyle creep by putting off grand lifestyle changes, like buying a large home, and putting off big purchases until absolutely necessary. Build and stick to a budget that includes wealth-building line items, such as saving in retirement funds. Track your progress with a budgeting app.

Practice appreciating what you already have, and you may find that some of the upgrades you desire are just wants — not necessities.

Recommended: What Credit Score is Needed to Buy a Car?

The Takeaway

Net worth and wealth are inextricably linked. Measuring net worth helps people assess how many assets they currently have at their disposal. Accumulating wealth is about acquiring and maintaining assets that hold their value or increase in value. Doing so often requires careful saving and investing, as well as constant monitoring to ensure you stay on track.

SoFi helps you track your money all in one place, and provides tools such as credit score monitoring and spending breakdowns.

Check out SoFi’s money tracker app today!

FAQ

What Salary Is Considered Middle Class Income?

Middle-income Americans have annual incomes that are two-thirds to double the median income, according to Pew Research. For example, a single middle-income individual will earn $30,003 to $90,010, while a family of three will earn $51,967 to $155,902.

What Salary Is Considered Upper-Middle Class Income?

An upper-middle class income is at the high range of middle class income. For a single middle-income individual, that’s an annual income of $90,010.

What Salary Is Considered Lower Class income?

Low-income Americans are anyone earning less than two-thirds of the median household income. That means individuals would earn less than $30,003, while a family of three would have a household income of less than $51,967.

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Photo credit: iStock/fizkes

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