How to become wealthy without a college degree

How to find a job

How to be wealthy without a college degree

In today's world you consistently hear that you need at least a Bachelor's Degree to make much money. I agree 100% that the higher the education you have, the more money you can make. I also encourage everyone to get as much education as they can. However, having said that, I realize that some people are not cut out to go to college. This article is intended to give advice that can help people become wealthy without going to college.

The top priority is to get a High School Diploma. If you are in school, stay in school. If you have dropped out, then re-enroll and get your diploma. At least get a GED.

Here are the reasons you need your High School Diploma. The fact is that employers do look at your education level and it has an effect on how seriously you are considered for a job. Someone with a Master's Degree will get more consideration than someone with a Bachelor's. Someone with a Bachelor's Degree get more consideration than some one with an Associate's Degree. If you have a High School Diploma it is showing the employer 2 things. First you have some intelligence and should be able to follow instructions. Second it shows that you are not a quitter.

While you are in school it is important to show up every day, not cause trouble with your teacher or other students and get as good of grades as possible. Since you are not going on to college, you do not have to make the honor roll, your goal is to simply pass every class. You should not settle for a D- if you can get a C, put some effort into it but you don't have to kill yourself for a good grade. It is important to show up every day because when you begin applying for jobs, you will have little or no work history. When your potential employer looks at your application or resume they will see your school. If they are doing their job properly, they will contact the school. When the school tells them that you are at school every day and do not cause trouble, that will increase your chances for the job.

Another thing to keep in mind as you are applying for a job is to speak plain English. Do not use slang. Slang is fine with your friends but it is important that the interviewer can understand you. You should also hide any tattoos or body piercings. If you do not have tattoos or body piercings yet, I suggest that you either don't get any or get some that are easily hidden. I know t is a free country and body piercings and tattoos are a form of expression but when it come to looking for a job, these things make a difference. You should also dress fairly conservative. I am not saying to sear a dress or suit and tie, but a nice pair of jeans and golf shirt would be fine. For those who wear their pants low, keep them hip high for the interview.

Now that you have advice on education and preparing for a job interview it is time to look for a job. Since you are just beginning you can not be picky. Your goal here is to find a job and establish a work record. You can take what ever you can find. Work at McDonald's, Wendy's, Burger King, Subway, Sears or even detasseling corn. You do not need a full time job, however, it would be nice if that is what you found. Once you have the job you want to show up for work on time every day, do your job and not cause trouble. Do this even if you do not like the job. Work at least 6 months and then begin looking for another job (if you don't like where you are). Let your employer know in a nice way that you are looking for another job. Assure them that you are not going to leave without giving them at least 2 weeks notice. This will be good when your future employer inquires about you with your current employer. Your current employer will be able to say that you are dependable, don't cause trouble and do your job. This kind of report will increase your chance for getting the new job.

If you are happy where you are then by showing up on time, doing your job and not causing trouble will help you when it comes time for raises, bonuses and promotions. Keep your eye open for opportunities for advancement. That could be simply going form part time to full time or it could be going from regular crew member to assistant manager. You can make fairly good money in the restaurant business even at the fast food places.

There are many types of jobs that you can find with just a High School Diploma. There are warehouse jobs, production jobs, delivery jobs. You could be a teller or secretary. The main thing you have to remember is that you will have to start at the bottom and work your way up. You may begin sweeping floors and cleaning toilets but as you show your reliability and that you do your job and don't cause trouble, you can work your way up. You may even be able to be a foreman or head teller.

Now you are probably wondering about the wealthy part. You now have advice for getting a job. The key to becoming wealthy is to handle your money well. You have to be patient and handle your money well and you can become wealthy. Set up a budget and stick to it. You need to stay out of debt and invest your money.

Here is an example. If you make $10 per hour, work 40 hours per week and invest 10% of your gross income into an IRA or 401k, after 40 years you will have the equivalent of $236,000! Let's analyze this for a minute. That means if you graduate high school at age 18 and then find a part time job. You work part time until you are 22 and then find a job making $10. You get no bonuses and your raises only equal inflation. You then invest 10% into an IRA or 401 that earns 5.2% over inflation. You then retire at age 62. The reality is that you most likely will get some bonuses, your raises should be higher than inflation, maybe not every year but overall they should be. There are many Mutual Funds that average a growth of 11% or higher over the life of the fund which is about 6.5% above inflation. As you can see my numbers are somewhat conservative.

Some of you may say that is great for a 22 year old but I am older than that. Here are the figure after 30 years you will have $146,000. After 35 years you will have $212,000. After 45 years you will have $435,000! While you will not be a millionaire, you will be able to retire with dignity and have some wealth.

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Comments 9 comments

rockfarmer2009 5 years ago

good ideas


Now I feel worse 5 years ago

Now I feel worse than ever when it comes to not having a college degree. Basically, to sum up that post, I will have a horrible, houseless, and sexless life all the way until age 62, but at least I'll have 200k in savings that will probably close to nothing considering inflation at that time. The only way to have a life worth living without college is to start a business, sink or swim, risk it all. Unfortunately, that's the only way...


Art West profile image

Art West 5 years ago from Indiana Author

Now I feel worse, you apparently didn't read the article.

You can become wealthy without a college degree and you do not have to start a business or take big risks.


College degree 5 years ago

Very interesting topic. Its nice to be wealthy without a college degree.


Clay 3 years ago

Some of what you say is true. Some is not. You're not taking into consideration the student loan debt that college grads acquire. Most Bachelor's will end up with a $300 a month payment for thirty years. Master's degrees...$700 a month. You're also not considering the wealth that you forego while in college. The average time it takes for a Bachelor's...5.2 years. While you are in college living off of Ramen Noodles, your classmates are buying houses and moving forward. Also let us not forget the hours that Bachelor's and Master's degree grads work. It is usually 50 to 70 hours a week. What does this amount too. It amounts to the fact that if a high school grad worked 60 hours a week at a factory for $11 and hour, they would be far ahead of the Master's degree student after and 8 year period, which is about how long it takes for the average student to get a Master's degree. The high school grad will have no debt. Eventually, in ten years, the Master's degree grad will surpase the high school grad but with a lot more stress as he/she is still forced to pay $700 a month until they are sixty. Also, you're not taking into consideration the fact that there are many sales jobs that are not interested in your degree. A high school grad can become a master salesperson in ten years and be making 50 to 100k. My point is that college degrees are glossed up with pretty paper and made to look as though they are the only way to wealth. Garbage. If I had to do it all over again I would flush my Master's degree in the toilet and use that money to pay some of the best sales reps to teach me how to sell stuff. I would be more wealthy and happy right now.


Art West profile image

Art West 3 years ago from Indiana Author

Thanks for your comment Clay.

Society has implanted in our minds that we MUST have student loans to go to college. This is not true. There are many ways to go through college and graduate without student loan debt or any debt for that matter. It may mean that you will have to work while you are in college and it won't be easy, but graduating without debt would certainly be worth it.


jbeave 3 years ago

So it seems I can enroll into a college and be in debt up to my eyeballs slaving away at some stressful job (if i graduate and can actually find a job), or I can slave away without the degree at a stressful dead end job only raking in about (less than most likely) $400,000 by the time I retire.

Society should not be this way. You live your life to pay bills, work as a cog in whatever machine you oh so choose. God forbid you have children or get in an accident or something.

Humanity was meant for so much more, not this joke we call reality.


Art West profile image

Art West 3 years ago from Indiana Author

As the saying goes, "if you find a job you like, you will never work a day in your life."

You should search for a job or career that you enjoy and stick to a budget. You can build wealth that way.


Reid porter 2 years ago

NOW I CAN BE RICH WITHOUGHT COLLEGE. THANKS -ME

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