Forum Moderators: skibum
Since there's a bunch of internationals here, I'd be curious to know 1) where you're from 2) what's the average salary(monthly) and 3) what's your realistic goal where you could quit your full time job and do this full time instead.
I hope to have reached $4000 pm by September from various net projects.
2) what's the average salary(monthly)
- Depends on part of the country and if you work as a pen pusher for the government or if you have a real (often lower paying..) job, but generally $4k - $6k might be considered average.
3) what's your realistic goal where you could quit your full time job and do this full time instead.
- $5k. but I want to go and travel rather than stay in the UK. Some of the place's I want go and visit/live in over the next few years: Canada, USA, Australia, Slovakia and Switzerland and Spain.
what's the 'pm' you attach to your money figures?
the answer not much...
i just quit my job for 7+ years... and I'm only making about $200/month in AM right now.. :) although.. I was working for 9 years straight already.. out of college and it's time for me to take a long vacation...
I live in the bay area also... from what I've seen $100K/year in the bay area is probably a good average... so I would need to make a consistent $274/day to make $100K a year.
still a long way to go.... for me...
Beautiful Hervey Bay, Queensland, Australia
Average salary per month in Aus is $3000AU, that seems low, may be old.
I reckon if I was earning 4500-5000 a month I'd think about giving the job away.
Cheers,
BAD
initially I was pretty afraid to depend on the income and move out, but once I got over 300$/day that pretty much went away.
before that, even though I was making pretty good money, I was just afraid it'd fluctuate at the wrong times or something along those lines.
live in the midwest of the US.
was it relatively hard for you to reach that level of income, or do you feel it was really easy?
I was making $55k/year and that was because I was in the tech field. Anyone doing anything else (for instance at my old office), and you're pulling $30k-$45k/year... Established professionals with actual careers might be in on the upper $60's to lower $70's. Managers could be doing a bit higher, and so are consultants.
That's my take anyway - to think people on average is pulling $100k in the bay area, man...I was being ripped off then :) If you're in SF, you may be commanding a bit more though.
I don't know if I'd describe it as "hard" really, but it did take a lot of time.
1) There are many expenses that increase when you're self-employed. Taxes, insurance, and health care come to mind.
2) Earnings can fluxuate. If you lost your biggest traffic source or your biggest earnings source tomorrow, could you survive?
3) Some of your earnings won't be collectible. At a job, you get a check every Friday and it never bounces. If one of your merchants goes under, you might be out several months worth of earnings from them before you realize it.
I would have quit my job as soon as I was making just as much or close. You can use the extra 8 hours a day to quickly go way higher.
Fortunately I got laid off, so not only do I have an extra 8 hours every day to work, but I get paid for it.
C.K.
