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How much is 6 figures? 7, 8, or 9 figures explained

What does making 6 figures mean and how to reach six-figure income? This article will answer these questions and more!

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How much is six figures? Here is the answer: Six-figure income means an income PER YEAR (this is very important) that has six digits in it, which means that six figures income starts at a minimum of $100,000 and goes up to $999,999. Think of a digit as a figure.

Basically, annual income between $100,000 and $999,999 is considered a six-figure income.

When I started my journey to financial freedom and research connected with it, the saying “6-figures” started to pop-up, and it looked like it was supposed to mean something and even impress.

I’m sure that you’ve been frustrated by “hearing six-figures” as well. At least the first time. Maybe you’ve figured what does it mean immediately, or maybe just kept on thinking of it as some sort of level or goal others have. Well, ok, now you know the answer to a questions How much is 6 figures: Six figures income is an income that surpasses the annual salary of $100,000. To give another example, your average person would fit into a six figures income if they make at least $100,000 in yearly income.

How to make six-figures?

That is a really good question and a great goal to have.

There are several ways to make 6 figures:

  • inheritance
  • salary
  • side hustles
  • business
  • investments
  • lottery prize
  • etc.

Usually, people think of a salary as the only way to make money, therefore, reach 6 figures income. One of the secrets of rich people is to diversify the income streams to get six figures faster. The reason for that is you either have to be in the top-earning jobs lime doctors or lawyers or takes forever to reach a highly paid position.

This is where side hustles come in handy.

I don’t want to talk about accidental money, like lottery prizes or inheritance, because it is unsteady luck. And having 6-figures income is what better to have annually than accidentally.

Now that you know what does 6 figures means think smart of your financial road. Invest in yourself, look for additional opportunities to make money. You can even turn your hobby of making crafts or blogging into an additional stream of money.

Here is a great example of how health and fitness bloggers reached 6 figures within 2 years of blogging.

Check my personal experience and a big little secret that will make or will not make blogging successful here.

How to earn a six-figure salary?

To make a six-figure income, you will need to be very good at what you do. You’ll need to find a career that will pay you well and keep your salary competitive with the market. You’ll also want to get into the habit of giving yourself enough time for education such as earning a college degree or similar qualification. Investing in your future and getting the qualifications that will bring about higher earnings is the best way to make six figures.

Six figure jobs that need a college degree

Here are jobs that require a college degree in order to make a six figures salary:

  • Doctors
  • Dentists
  • Lawyers
  • Engineers
  • Pharmacists
  • Financial Advisors
  • Pilots
  • Software developers

If you want to earn a six-figure salary, you don’t have to go back to school for years on end. Learning certain high income skills may help increase the odds of earning so much money. If you’re thinking of making $100,000 per year or more, there are many jobs that can be applied for with just a high school diploma.

Six figure jobs that don’t need a college degree

Here are jobs that don’t require a college degree in order to make a six figures salary:

  • Blogger
  • Business owner
  • Entrepreneur
  • Marketing consultant
  • Customer service representative
  • Salesperson/Account executive

How to be successful with a 6 figure salary

It doesn’t matter how much money you make, as long as you are happy with your life and have a properly balanced existence. Of course, money is important, but managing your earnings effectively is far more crucial.

We’ve all heard tales about lottery winners who spent their money foolishly and wound up where they started. Or celebrities who earned millions yet remained unemployed.

It doesn’t matter how much money you have if you don’t handle your earnings carefully and don’t have a budget.

How does someone live paycheck to paycheck on $100k and someone with a low salary is able to save most of the earnings?

The answer to this question is actually quite complex. There are many factors that influence the ability for someone to live paycheck to paycheck even making six figures. How much money they make weekly (or every two weeks), how much money they spend out of their income including paying monthly bills, family size, transportation expense, housing cost, and country of residence contribute to this answer. How many people you support financially also plays a role in this answer.

Here are some pointers to help you make the most of your six-figure salary:

#1. Save 10% of every paycheck. Spread it out by doing monthly transfers to an online savings or investment accounts

#2. Set up automatic transfers to your savings account on payday to ensure that the money is saved before you get a chance to spend it

#3. Track your spending with automatic financial tracking tools like Mint

#4. Use credit cards for everything to get free 1% cash back or 2% cash back on all your spending

#5. Maximize credit card rewards for things like gift cards, travel, and cash back.

#6. Borrow money for big purchases from credit cards instead of using a bank that will charge you interest

#7. Negotiate and comparison shop for all your spending

#8. Cut out things like: eating out, cable, and unnecessary travel to save money

#9. Use a credit card for necessary expenses and pay it off every month

#10. Get a higher paying job in an area with a lower cost of living

Managing your income isn’t something that happens overnight. Some people put off automating their finances because they’re not sure where to start, but this article is a good place to start

What happens when you make six figures?

Once you reach $100,000 per year or more you have made it to the top 10% of wage earners. How much money you continue to make from here on will depend on how successful your investments are and what opportunities life brings your way. There is no limit on how high a salary can go so there is still room to grow if that is something that interests you.

How to earn more than $100,000 per year

With the median salary being around $41,535 per year, you have to really hustle with six figures.

The starting point for making a 6 figure income is having around $100,000. In order to earn more that than you need to:

#1. Start a business – Most businesses take time to make money and the first year is usually loss making. How much money you will make from your business is largely determined by how well it does after the first year or two of operation as new businesses face many challenges such as establishing themselves as a brand, finding their target market, understanding what they need to do in order for customers to buy their products, struggles with cash flow if you are not operating on a strictly online business model where revenue can be made up front before payment is due. To learn more about starting a profitable blog check out this post How to start a blog.

#2. Find a high paying job – The amount of money you earn is primarily determined by your job, level of education, and previous experience in the market. How high up the corporate ladder you may go depends on how well qualified you are for that position and whether any chances arise to progress.

#3. Find a side-hustle – How much money you make from your side business is determined by the number of hours you devote to it, as well as how much time it takes for money to come in. How much effort you have to put into marketing yourself will also have an impact on its success.

#4. Create a passive income source – Yes, it is possible to make six figures with a passive income. How much you earn depends on how much effort you’re willing to put into making your business work well for you and what type of income you’re seeking. For example, if you’re looking for a passive income that doesn’t require that much work then it’s possible to buy stocks and generate an ROI (return on investment) over time.

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Why do people brag about making 6 figures?

Now that we know the basics that 6 figures is just a six digits number someone makes, why so many people set it as a goal? Well, first of all, it is money we are talking. Meanwhile, money can bring lots of incentives into our life like:

  • a dream vacation
  • buy better products
  • quit the job you don’t like
  • purchase a house of your dream
  • wear better clothes
  • pay off a student loan
  • retire early
  • financial freedom.

For these reasons and so many more, I’d say that making 6 figures is a really good goal to have.

Is making 6 figures enough for good leaving?

The short answer is that there is no short answer here. Of course, it is a huge amount of money to make, but the important thing is, what are your expenses? If you live in an expensive area and have a lot of dependents, debt, and loans, then probably 6 figures is a basic minimum you need.

On the other hand, if you’re single or your partner has the same income and you live in suburbs where the cost of living is low, then having a six-figure income is a blessing.

How much is 7 figures?

It is once you reach the seven-figure mark that you become a millionaire.

Making 7 figures means that annual income has 7 digits, which is a minimum of $1,000,000, and it goes up to $9,999,999.

How quickly you can reach this level will depend on how much money you start with, the types of income sources you have, and what investments those avenues produce. How much interest your investments bring in determines whether or not you’re going to achieve a seven figure income within

What Jobs Pay 7-Figures a Year?

The Harvard Business Review estimates that about 4.5% of Americans work in jobs that pay $1 million per year. Below are some examples of careers that may come with such a hefty salary:

  • CEO of a company (may or may not require an MBA)
  • Medical and pharmaceutical sales representative
  • Lawyer at a corporate firm
  • Accountant
  • Sales Director
  • Real Estate Agent

How Much is 8-Figures?

8 figures mean that annual income has 8 digits, which is a minimum of $10,000,000, and it goes up to $99,999,999.

What jobs pay 8-figures a year?

  • hotel manager
  • executive chef
  • entertainment agent
  • business owner
  • real estate broker

How Much is 9-Figures?

9 figures mean that annual income has 9 digits, which is a minimum of $100,000,000, and it goes up to $999,999,999.

What jobs pay 9-figures a year?

If you are looking for ways to make 9-figures, you could consider developing a brand new product, or start your own company. How long it will take to make this much money depends on how efficient and well-performing your business is as well as the types of sales that come in.

How Much is 10 Figures?

10 figures mean that annual income has 10 digits, which is a minimum of $1,000,000,000 and it goes up to $9,999,999,999.

What Jobs Pay 10 Figures Income?

The people in this group are superstar athletes like LeBron James who make more than $77 million in salary per year or CEOs like Mark Zuckerberg who has a net worth of $72 billion.


The amount of money you make is largely determined by your job, level of education, and previous experience in the market. How much effort you have to put into marketing yourself will also have an impact on its success. If earning 6 figure incomes is your goal, you need to prepare yourself for the challenges that lie before.

In conclusion, I’d like to say that it doesn’t matter how much money you make. The thing that matters is what are your life and financial goals, how you invest money, and how you invest your time and knowledge. With a wise attitude towards money you’ll reach whichever goal you have, ether is it making six-figures or just have some extra cash.

I hope this article was helpful in learning about how much is six figures.