Chicago – Lucy Banks, an Australian single mum who ditched her corporate job in 2019 to create content full-time for OnlyFans, was looking to make a bit more money to support her family. Mission accomplished: Banks\u2019 earnings totaled $300,000 this past year and she is projected to clear $500,000 in 2023.<\/p>\n
\u201cThere is a lot of hype around the mega-paydays on OnlyFans, and much of it is true; the top 1% of earners do bring in more than $20,000 monthly, the top .1% is in the neighborhood of $100,000 monthly, and the top celebrities make millions monthly – it boggles the mind to think about it,\u201d explains Banks, who sits atop the .8% of OnlyFans creators.<\/p>\n
\u201cHowever, it takes a lot of time, work, commitment and a thick skin to get to those numbers. While the top 5% of creators may be making pretty good money, the other 95% isn\u2019t making much of anything at all. I\u2019d like to shatter that \u2018easy money\u2019 myth right now. There\u2019s no way around it; you really do have to put in serious effort to see serious results.\u201d<\/p>\n
But what happens if the big money DOES start to roll in? \u201cRemember, modeling on a platform like this can feel like winning the lottery if you\u2019re among the top earners – but this windfall will be short-lived. Fans are fickle, the service can decide to ban adult content – again – and your fortunes can fall as quickly as they rise in a business like this. You want to \u2018make hay while the sun shines\u2019, so to speak, and keep doing this work while it\u2019s fun.\u201d<\/p>\n
Banks advises enlisting the help of financial professionals and staying focused on the future. \u201cI’ve tried to be smart with my money; I’ve bought a house, a reliable car and I’ve paid school fees in full for the entire year upfront. It\u2019s important that I was able to have that stability for my kids. Now I’m looking at investment properties and hope to have a few under my belt in the next few years. Hopefully I’ll be able to retire before I’m 40.\u201d<\/p>\n