Make 88% More Than Average American With These Skills

Skills & Abilities: The Door to new ventures

People want to acquire new skills to make some extra dollars. According to a study by CNBC, an average American is making $876 per week and $45,552 per year. But that also depends on your age. And, that rises and falls depending on how close you are to peak earning age, typically around 49 years of age for men and 40 years for women.

Yes, you heard it right, the earning age and the amount of money a woman and a man get are different.

The skills that we will need to survive in today's industry are demanding. But there are some skills that will always be relevant and necessary at the same time. How can we best clear the world around us and identify the skills that we need to cultivate?

There are some money-making skills that will help you to make more money. It is a kind of passive income that would kick start your side business and will help you to make some extra dollars.

There are digital skills that not only help you earn more money but will help you in expanding your skill set which will be beneficial to leverage for a raise in office and outside the office too. These skills can open up new opportunities for profitable freelance work even if you are new to this business.

Artificial Intelligence

If you’re willing to put in the hours and work, the most exciting thing to do is to build an AI-centred skill set. More and more companies are looking for data analysis and user experience to implement AI solutions. According to Forbes, the number of active AI start-ups has increased 14 times since 2000, venture capitalist investment in AI has increased 6 times, and the job market for AI programmers has grown 4.5 times since 2013. Moreover, Artificial intelligence is a trending topic in almost every business and any person who is willing to work hard can earn a good chunk of money.

There are some major skills that developers can learn and make money out of it.

  • Machine learning
  • Python
  • Java
  • Data Science
  • R programming language

The average salary that a developer can get with these skills is $121000.

And a freelancer can get $61-80K.

Side hustling always Pay-off in the long run

The great thing about a side hustle is that before you have enough work to support yourself, you can develop a customer base without losing your day job. Or, as needed, you can use your side hustle to earn extra cash out of work. Let’s say you’d like to get into marketing content. Find a side hustle holding the blog or social media accounts of a company. Or start ghostwriting other professionals ‘ eBooks.

Or perhaps you’re a web programmer. Develop consumer websites in specific industries. It can be a perfect way to bridge the gap and give yourself a competitive advantage by incorporating this into your day job. For example, if you’re working day after day as a restaurant manager, you might be specializing in designing restaurant websites because you understand how that business works.

Side Hustle helps with an extra income source

Cloud Computing

As more companies switch from traditional server configurations to more flexible and dynamic cloud-based solutions, the demand for specialists in cloud computing is rising. Much of this demand is driven by companies that require Amazon Web Services (AWS) IT professionals. AWS is currently the largest network of cloud computing solutions. With customers like Netflix, Unilever, McDonald’s, and GE Oil & Gas, it boasts the largest market share— with over one million active users registered with it. An AWS certification will provide you with an average annual income of $123,000.

There are some skills that come under the head of cloud computing that will enable you to make more money.

  • Linux
  • Database Skills
  • Programming skills
  • DevOps
  • Information Security

An average person who knows these skills can make  $123000.

And a freelancer can get $104 per hour.

E-commerce Analyst

Facebook ads, Instagram ads, and Google AdSense are used to run the campaign. And do you always wonder that sometimes you are thinking about some product and all of a sudden that product pops up on your screen and you think how does this happen?

So, these all are because of ads that show things based on your interest. Lately, Shopify has been the most famous platform for e-commerce. So, if you also want to make some more dollars then you can also try your hands on it. An average American who is an e-commerce analyst or who knows how things work can make $60, 958.

UX/UI Design

How appealing would you look with full-stacked skills to sell and extensive web development experience in a room full of people who can either build a stunning website or do fantastic backend programming?

Learning how to do UI will increase your job potential for those of you who are already earning good money as UX developers. And now start learning UX for our UI comrades here. It’s not that easy to learn, but it never gives the top dollar easily.

There are separate skills for both UX and UI that can be learned if one wants to make money.

For UX:

  • HTML
  • Java
  • CSS
  • Database
  • Algorithm
  • Statistics

For UI:

  • Product Design
  • Interface Design
  • Photoshop
  • Animation
  • Prototyping

Art of technical writing

The fact that the entire internet is developing at a rapid rate gives many people a sense of fear that new developments will leave them behind. And that’s a fair concern. What holds this concern at bay is professional writing. Not only do you know first-hand about these innovations, as continuous work is part of technical writing, but you also add additional skills of tech writing to your portfolio.

Technical writing is reporting and blogging about new ideas, goods, technologies, and other news from the tech world that the industry is looking for. The purpose of technical writing is primarily to provide those who are looking for information and instructions. Besides the tech industry, medicine, law, engineering, and other fields of science use technical writing to share information. Not everyone can write well, as you probably know, and not everyone who writes well can do technical writing.

If you have a touch of writing flair, it will add a lot of cash to your bank account by writing technical documents. Because technical writing is not everyone’s cup of tea, for those who are already in high demand, make sure you tap into this vibrant market and get your fair share of it.

Not only good writing skills you also need some other skills that would work as a cherry on top of the cake.

  • Data presentation
  • Ability to write concisely
  • Analytical skills
  • Data skills and formatting
  • Research

A person who knows all these skills can easily make $59217.

And a freelancer can get $30-$60 hourly.

Visualizing Data

A specialist in data visualization is able to predict trends, identify patterns, identify main variables, and direct business strategies. This especially includes converting data into spreadsheets and spreadsheets into charts and graphs. This particular niche is expected to grow exponentially with the tech industry looking for more and more data-centered roles.

The skills that come under this head which a person has to learn to make more money include

  • MS Excel
  • Python or R
  • Statistical presentation

A person can make around $77000

And a freelancer can get $20-$200 hourly.

Wrapping Up

There is a saying if you want to earn more then you have to learn more. if you are willing to put those extra hours into your skills then you will be ahead of half of the people and can earn a good amount of money. You should make strategies so that you can have a productive time learning all these skills.

Now sit down with all this information and come up with a strategy for your thriving web development career’s next step. We hope you have been enticed by one or some of these exciting skills to start thinking seriously about them.

Moreover, the title of this article is suggesting that if you want more money than 88% of the American population then you have to do what that 88% are not doing. which is working on the skills and enjoying the ride.

Q1. What are the best Skillsets to learn?

Ans

  • Basic programming. Programming basics is a frequent in-demand skill even among non-tech jobs. 
  • Low-code platforms. 
  • UI/UX design. 
  • Data engineering. 
  • Data visualization. 
  • Video editing. 
  • CRMs. 
  • Product management

Q2. What is Artificial Intelligence

Ans- Artificial intelligence is the simulation of human intelligence processes by machines, especially computer systems. Specific applications of AI include expert systems, natural language processing, speech recognition, and machine vision.

Q3. What is an E-commerce Analyst?

Ans- E-commerce business analysts investigate, dissect, and interpret online retail performance for websites and e-commerce stores.