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So I’ve been giving some thought to the idea that my brother suggested a few days ago, and I think it may in fact be workable. If I was to work on my own, my income threshold would have to be around $32,000 before taxes (I could live on much less, but I’d like to continue an accelerated savings rate). So, if we divy that out by 5 jobs (Feel free to correct my math, not my strong suit)..
$32,000 in income, divided by 52 weeks per year is roughly $615.38 per week.
$615.38 per week divided by 5 days is about $123.08 per day.
$123.08 per day divided by 5 jobs is $24.16 per job
So I need to find 5 different ways to make $24.00 or so a day..doesn’t sound too hard! My freelance writing has locked in this much at number 1, but the rest are not quite there yet….
Alternate income clocked in yesterday at $16.62.
on Jun 9th, 2008 at 9:14 am
That’s a pretty ineteresting way of looking at things! I am doing pretty well with my little web empire but I know diversifying is the way to go. I would love to have a few offline things working for me like, well, I don’t know really. Rental property? Interest on money in the bank? Stocks? Business investments? Who knows. Would make me feel less like my eggs are all in one basket. The way you’ve put things is kind of interesting. Five things earning $25 a day seems very doable.