Top Earning Ideas in Edmonton

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Edmonton is a big city with lots of opportunities for work. There’s no shortage of jobs available, but sometimes it’s hard knowing where to start. Maybe you’re a teenager just starting out. Or maybe you’re looking for an alternative to the standard 9 to 5 day job. Whatever you’re interested in, Edmonton has options for you. That’s why we’ve written this guide for how to make money in Edmonton. Whether you’re seeking part-time work, a full-time career, or just want to make money by investing, Edmonton has it all. So, let’s look at the best ways of making cash in the capital of Alberta.

How to Make Money in Edmonton

You’ve got lots of options, depending on how much time and energy you’re willing to put in. And you’ll have even more choices, if you’ve already got work experience. But we’re not discriminating. There are still plenty of good ways to start making money if you’re inexperienced or don’t have a college degree.

Want something a little easier? Read our post on Making Money Completing Surveys!

Job Resources

Employment agencies and career resource centers are designed to help people find jobs. So such places are a great place to start when looking for work. Edmonton has numerous offices which specialize in connecting employers with job applicants. Temp agencies are especially good at finding short-term work opportunities with little to no experience required. Here’s a list of resources we recommend checking out if you live in or near the city of Edmonton.

How to Find a Job in Edmonton

Recommended Work Resources

Career Options

Employment agencies typically specialize in low-level jobs for less experienced candidates. That’s great for younger people without many skills, but what about those seeking something more? What are their options? Fortunately, there are businesses aimed at helping more experienced workers as well. Professional recruiters and headhunters do the work, so you don’t to lose lots of personal time sending out hundreds of applications. See our favorites below.

Top 15 Recruiting Firms

Passive Earnings & Investment Opportunities

Edmonton Investing Ideas

Lastly, Edmonton has options for those who’d like to make a profit strictly by investing. This method is ideal for those with a bit of money and who don’t want to give up their time. You can get a completely passive income stream. Another benefit is that investors can usually be located anywhere. It doesn’t require one’s physical presence. That gives you lots of options when building an investment portfolio. We’ve listed today’s best investment ideas.

Best Passive Income Ideas

  • High-yield Savings Accounts
  • Dividend Stocks
  • Real Estate
  • Peer-to-Peer Loans
  • Airbnbs and Rentals
  • Buying Royalties
  • Annuities
  • Paying Off Debt
  • CD Ladders
  • Stock Market Robo-Advisors

How Much Money Can You Make?

It’s a good question. And the answer is that it all depends, on a bunch of factors. For instance, you’ll no doubt be earning more if you’re at a latter stage in your career. And, unless you’ve got lots of money to throw around, you’re unlikely to make as much just as a passive investor as you would playing a more active role. Here are few helpful statistics to give you an idea of potential earnings based on those factors.

Top Job Industries: Energy (16.4%), Business & Commercial Services (11.8%), Real Estate (11.7%), Construction (10.1%), Retail & Wholesale (9.5%), Manufacturing (6.7%), Health Care (6.5%)

Median Salary (Annual) by Level of Education

  • Some High School – $32,188
  • High School Diploma – $40,612
  • Some College – $45,604
  • Associate’s Degree – $48,776
  • Bachelor’s Degree – $67,860
  • Master’s Degree – $80,340
  • Professional Degree – $98,436
  • Doctoral Degree – $98,020

Salary by Level of Education

Conclusion

And there you go! As you can see, Edmonton has lots to offer. That’s one major advantage of being in such a big city. You don’t need to look far for opportunities make some cash! You’ve got options, whatever your skill level. We hope this post gives you ideas about how to make money living in Edmonton.

Did you enjoy today’s guide? Leave us your thoughts in the comments section. And we’re always taking requests, so please tell us what topic you’d like to see covered in the future.

 

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