How to earn 30k, 50k, 100k, 200k per month in the Philippines

With every passing year, money-making in the Philippines gets a little more challenging. First, there’s the inevitable inflation rate we have to keep pace with. Second, more new grads enter the already competitive and saturated job market, hoping for a shot at a professional career. 

With all these in mind, is it still possible to earn 30k, 50k 100k, 200K per month in the Philippines? The answer: Yes. We’ll cover your list of options in this article.

How to earn 30k, 50k,100k, 200k per month in the Philippines

Contrary to popular belief, there are various untapped means of making money in the Philippines. However, this will depend heavily on the skills, resources, and effort you are willing to invest.

How to earn 30K to 50K per month in the Philippines

1. Side hustles: This is a no-brainer. You can always juggle part-time job opportunities in your field of expertise along with your full-time job. For instance, an advertising employee can render digital marketing services as a sideline, while a teacher can offer tutoring services during her days off.

If you’re a professional exploring lucrative options that aren’t worlds apart from your current livelihood, check this out: 100 Best Business Ideas for Professionals in the Philippines.

2. Freelancing: Before expanding this blog, I started as a newbie freelancer myself. From writing dog articles to ghostwriting press releases for various financial platforms, and even uploading my own articles and publishing my own book, I must say that freelancing has paved the way to the promising business that I have today. Here are some freelancing guides that may be of help to you:

Platforms like Upwork, Fiverr, or online job boards offer freelance opportunities in writing, graphic design, programming, and more.

3. Online Surveys and Reviews: At first, it may seem like a bore to answer online surveys. But you might think otherwise once you get the hang out of it and see your accumulated earnings. Participate in paid surveys or write reviews for products and services on websites that offer compensation that ranges from P10 to P200 per task— or even more! Of course, you’ll need patience and the unwavering drive to answer as many surveys as you can. The more surveys and sites you try, the more you’ll earn.

4. Online Tutoring: If you excel in a particular subject, consider tutoring students online. You don’t need a teaching license for tutoring gigs. As long as the subject is right up your alley, all you need are brains for molding.

5. Sell Handmade Crafts: If you have artistic skills, create and sell handmade crafts through online platforms or local markets. A friend of mine sells her carefully woven crochet products and has been doing it for years. Other handmade goods can be jewelry, paintings, bags, personalized items, and more.

6. Delivery Services: Work for delivery services as a rider or driver if you have access to a motorcycle or vehicle. The typical daily income range for a Grab driver and a Foodpanda rider is around 800 pesos per day (do the math and see what your average monthly income will add up to). It has the potential to increase significantly based on the day’s booking demands, occasionally reaching into the thousands.

7. Part-Time Consulting: One of the best things about starting a consultation business is that you don’t need a lot of cash upfront. If you are an expert in a particular field, offer consulting services on a part-time basis.

8. Local Services: Offer services like gardening, pet sitting, or house cleaning to neighbors and residents.

How to earn 100K per month in the Philippines

Earning 100K a month puts you in the upper-middle-class bracket in the Philippines. But it does come with a lot of work, strategic planning, and, possibly, a diversified approach to income generation. Here are a few ideas to rake in those 6-digit greens:

1. Full-time Employment: In the most basic sense, you are more likely to earn 100K in your 9-5 than as a side garnish to your day job. The best way to earn 100K is to seek out higher-paying job opportunities aligning with your skills and qualifications. This might include exploring promotions, switching positions, or jumping to other industries with better compensation packages.

For example, if you’re in the IT industry, you might explore positions with higher salary brackets such as software development manager or IT project manager. While these roles come with increased responsibilities, you also benefit from more lucrative pay.

2. Advanced Freelancing: As a freelance writer, consider targeting larger companies or clients with more extensive writing and design needs. Offer comprehensive design packages that include branding, marketing collateral, and website design, allowing you to command higher rates.

3. Professional Development: Invest in acquiring new skills or certifications that are in demand in the job market. This not only enhances your employability but also positions you for roles with better compensation.

Suppose you are in marketing. Investing in advanced certifications like Google Ads or Facebook Blueprint can make you an expert in digital advertising. While professional development isn’t necessarily income-generating, it increases your perceived value to employers, elevating you from competitors without such accolades.

4. Entrepreneurship: Consider starting a small business by identifying a market need. Develop a detailed business plan to ensure a sustainable and profitable venture. This could involve online businesses, local services, or niche markets.

For instance, identify a gap in the local market, such as a need for specialized baked goods. Start a small bakery business that caters to unique dietary requirements or offers artisanal products. Develop a business plan to ensure profitability and growth.

5. Real Estate Investments: If you have capital, explore real estate investments. Rental properties can provide a steady source of passive income, and property appreciation can contribute to long-term wealth.

You may also consider investing in REITS and rental properties. Purchase apartments or condominium units in areas with high demand for rentals. The monthly rental income can contribute significantly to your overall earnings.

6. Investing: Learn about stock market investing or explore other investment options. Growing your wealth through smart investment decisions can contribute significantly to reaching your financial goals.

7. Consulting Services: Offer specialized consulting services based on your expertise. This could include areas such as management, marketing, or industry-specific advice, allowing you to command higher fees.

For example, if you have a background in human resources, offer consulting services to small businesses looking to streamline their HR processes. You may also guide companies on recruitment strategies, employee retention, or avoiding compliance issues.

8. Tech Skills Development: Acquire technical skills in high-demand fields like programming, data science, or cybersecurity. The tech industry often offers well-compensated positions for skilled professionals.

Acquiring programming skills in languages like Python or Java can take your career to new heights. With advanced programming knowledge, you can pursue roles as a software architect or senior developer, which often come with higher salaries.

9. Networking: Would you believe that I have gotten some speaking engagements just by networking and telling prospects what I do? You may build a strong professional network both online and offline. Networking can open doors to high-paying opportunities, whether through job referrals, partnerships, or collaborations.

For example, you may attend industry conferences and connect with professionals in your field. Through networking, you may learn about job openings or consulting opportunities that align with your expertise and salary goals.

10. Financial Planning: Take a strategic approach to managing your finances. This includes budgeting, saving, and investing wisely. Consider consulting with a financial advisor to optimize your financial strategy and maximize wealth accumulation

Consult with a financial advisor to create a personalized financial plan. This may involve setting specific savings goals, creating an investment strategy, and optimizing your budget to ensure you’re on track to achieve your financial objectives.

How to earn 200K per month in the Philippines

Here’s the thing: making north of 100K in the Philippines is already challenging as it is. According to the Philippine Statistics Authority, pilots take the cake among the highest average monthly pay with 135K. This is followed by software engineers with 70K and actuarial scientists with 69K.

While raking over 200K is a mountain, it isn’t impossible to overcome. Here are a few options you might consider:

1. Start a successful online business: Unless you have a very generous employer, you are not likely to come across day-job positions offering 200K monthly salaries. Earning big bucks like this is reserved for those who take the leap of faith. Who else are bigger risk takers than entrepreneurs, right?

But why online? Well, online businesses eliminate the overhead costs of paying additional bills or finding a suitable location. Ultimately, it benefits your bottom line, drawing you nearer to that 200K mark.

Turning a business into a big success is one thing. Finding a winning niche is another. With most industries already getting heavily saturated, it’s your responsibility to find a problem and solve it with your business.

Here are a few examples you may want to look into:

  • Subscription box services featuring local products.
  • Virtual events planning and coordination.
  • Travel and tour services catering to domestic tourists.
  • Health and wellness coaching or fitness training online.

2. Pair a high-demand business with successful advertising: Isn’t this the same thing as above? Well, yes, but not necessarily. Here’s why:

While you’re sure to make money with a high-demand business at your disposal, successful advertising ensures a consistent stream of customers. On the other hand, successful advertising can also make the difference between a 200K-earning business and a flop.

Modern-day advertising no longer relies on archaic ways of marketing, like word-of-mouth. With advertising platforms, like Facebook or Google, you may target your desired audience from across the globe, expanding your customer base. And it doesn’t take a genius to realize that more customers almost always means more money.

3. Outsource freelance services: At the 30, 50, and 100K mark, we taught you to pursue providing freelance services. But if you’re itching to earn more, outsourcing freelancing gigs might serve you better. 

Outsourcing essentially means you steer clear from the heavy lifting of freelance. For instance, if you’re a content writer, pass on the writing task to another writer while taking a percentage off the gig. It won’t make sense if you only serve one client. But accumulate the writing tasks of 100 clients, and you might just hit that 200K mark without typing a single word.

The beauty of outsourcing is its two-pronged benefit. First, you make money for yourself. Secondly, you give freelancers an additional income source.

4. Be a content creator: With the advent of TikTok, YouTube vlogging, and all that Gen Z mumbo-jumbo, you may find yourself wondering what good there is in becoming a content creator. Well, for one, making over 200K a month is not out of the ordinary if you can make it big in the industry.

But don’t limit yourself to dancing online or making “day-in-the-life” videos. There’s more to content creation than just those. Another form of high-earning content creation business is blogging. 

If you have a flair for writing, then you might as well make money off of it by starting your own blog. Apart from earning through ads, you may even make millions by selling the website afterward.

5. Juggle two clients at once: A friend of mine once told me, “Kung kaya mo pang kumayod gaya ng kalabaw, gawin mo. Hindi habangbuhay may lakas ka” and it does make a lot of sense. Filipinos are known to be one of the most hard-working people in the world. Therefore, juggling two clients simultaneously is pretty much child’s play.

See, freelancers have the benefit of working from home, which means no additional expenses and less physical exhaustion compared to your traditional 9-5 employees. You may take advantage of your remaining energy to add another client under your wing. 

It’s possible, yes. Do I always recommend it? No.

Rest is quintessential in a professional’s life. The risk of getting burnt out or, worse, getting sick increases the more we neglect rest in our lives.

Whether you earn a humble 30K or a towering 200K, the quest for more money never ends. There are ways to boost your income stream— yes. But this must never come at the cost of your well-being. 

To end this article, I leave this final message: Always go back to the state of thankfulness and contentment. You may have more than what other people do. I’m not saying you should stop where you are, but move forward with a sense of gratefulness.

That’s it, happy earning!

How to earn 30k, 50k,100k, 200k per month in the Philippines

By Ameena Rey-Franc

Recognized as one of the Top Finance Blogs in the PH. Ameena Rey-Franc (founder of TTP) is a former Banker and BS Accountancy graduate turned Blogger, Keynote Speaker, and entrepreneur. Currently an RFP delegate, she is also the Author of a book about Financial Resilience and has held seminars for reputable companies like GrabFoodPH, Pru Life UK, VISA, JPMorgan Chase& Co., Paypal, Fundline, Moneymax, and many more. The Thrifty Pinay's mission is to empower women to LEARN, EARN, and be FINANCIALLY-INDEPENDENT no matter what life stage they are in.