How Much is 5 Figures (And How to Get to 6 Figures)

You’ve probably heard someone say that they “make five figures” or “make six figures” and wondered to yourself “how much is 5 figures? How much is 1 figure? That doesn’t sound like a number to me!” I’ll cut right to the chase: a “figure” is simply a digit.

25 is 2 figures because it has two numbers in it.

430 is 3 figures because it has three numbers in it

9874 is 4 figures because it has four numbers in it

1

2

3

100,000 is 6 figures because it has 6 numbers in it.

Some more examples:

How Much is 5 Figures?

The smallest 5 digit number is 10,000. The largest 5 digit number is 99,999. That means that if someone makes 5 figures, they are making anything from $10,000 a year to $99,999 a year.

How Much is 6 Figures? (and more)

If we apply the same thinking to 6 figures, we can determine that 6 figures is anything from 100,000 to 999,999. At the low end of the spectrum, 6 figures in money can’t even buy you a house. But on the high end of the spectrum, 6 figures can be close to one million dollars!

Jobs That Pay Six Figure

In case you’re curious, here are some well-known jobs that pay over six-figures in salary: – Chief Executive Officers (CEOs usually make over $100,000) – Hedge Fund Manager – Doctor – Influencers (depending on how successful you are) – Investment Bankers (they need to trade their soul though)

Where Do You Stand Compared to Society?

A study shows that if your household makes $23,000, you’re doing better than 25% of other Americans. If your household makes $75,000, then you’re doing better than 75% of Americans. And if you make over six figures ($125,000), you’re basically doing better than 90% of Americans.

How to Get From 5 Figures to 6 Figure

–  Become a Freelancer –  Start a Blog –  Start Your Own Busine – Become an Uber or Lyft driver in your spare time – Use apps like Acorns to invest your money without you even realizing it – Sell some of your used stuff on Shopify

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