I think this is really fun math to work through, calculating what it would take to reach various income goals, but not everyone in my life (husband, parents, siblings…) think goal math is great fun to talk about.
So Imma blog about it, and if you choose to read – yay! But if you think this sort of math is boring – see you later!
Goal: $42 vs $67 per day
So, basically, $42 per day makes me ineligible for Social Security Disability – it adds up to over $1250 per month, which counts as Substantial Gainful Activity. Earning $67 per day would replace my current best-case income support. Earning over $90/day would replace school-district take-home, while $100/day would replace in-person substitute teaching.
I picked $67 per day as a reasonable middle ground, something I will be proud to achieve, but also relatively doable. AND a relative improvement from current earnings.
How to Get to $67/Day
If I could…
- Tutor 2.25 hours/day earning $30/hour
- Tutor 1.75 hours/day earning $40/hour
- Get 2K views/day on this site, at current AdSense rates
- Teach 5 kid-hours at $20/student/hour on Outschool
- Teach 10 kid-hours at $10/student/hour on Outschool
- Teach 20 kid-hours at $5/student/hour on Outschool
- Prepare 14 stories of When My Parents Were Young(er) – theoretically there’s a limit, but isn’t it all in theory?
…then I’d make (at least) $67 every day. But even more encouragingly, if I worked out a combination of multiple income sources, page views AND student-hours AND so forth, I could work my way up to this average goal of $67/day.