Earn money with TikTok: How does it work and can you really get rich with it? | Life & Knowledge

More and more young people are becoming content creators – but can you really earn enough money from it?

TikTok in particular is teeming with influencers whose everyday work revolves around the social media platform. And with around 1.6 billion users and over 850 million downloads, you can reach an enormous reach there.

But can you really make money with it? BILD shows you how it works.

The Creator Fund

With the Creator Fund, you can continuously upload content Money However, as with other platforms, certain requirements are necessary to participate:

• You need a personal account, business accounts are not eligible
• Minimum age: 18 years
• at least 10,000 followers and 100,000 video views in the last 30 days
• Content lasting at least one minute
• Comply with the Community Guidelines and Terms of Use
• Based in the USA, UK, France, Spain, Germany or Italy

You can easily apply for this Creator Fund in the TikTok menu under Tools and Creativity Funds. The fund will then be used by the video platform to reward you for publishing your original short videos.

Live streaming on TikTok

But there is another way you can make money on TikTok: StreamingIf you have at least 1,000 followers, it's time to start live streaming! From now on, you can earn your salary with the stream!

Your viewers can buy coins that they can later give to you as gifts. You can then exchange these donations for money.

Money through cooperation

You can also promote products from cooperation partners in your TikTok videos. But be careful: labeling is mandatory!

Contact the brands yourself and offer your cooperation. Especially as a smaller account, you should not wait for the companies to contact you.

Audio Sponsorship

You work in the music industry? Perfect! Because what would be TikTok without audio? Many creators create their own sounds and their songs sometimes even make it into the charts. So it's no wonder that the music app can also pay you for using your audio.

How much money can you earn?

How much money can you actually earn on TikTok? How many clicks do you need? It's impossible to say exactly – but there are guidelines! To earn a lot of money, you need at least 10,000 followers.

With the Creator Fund, users can earn between two and four US cents per 1,000 views. So with 100,000 views, you earn two to four euros. In addition to collaborations and tips in live streams, there are:

Are my TikTok earnings taxable?

The money is there, now what? If you regularly produce videos and earn money, you have to pay taxes on your income. How much Steer However, what you have to pay depends on your income.

Sales and trade taxes may also be payable. In principle, your activity as a TikTok influencer is subject to commercial registration. However, this only applies if your income is higher than 24,500 euros.

Please note: goods and services are also subject to tax. For example, gifts from cooperation partners or free trips to events.