My eHow articles have finally surpassed the minimum wage mark. According to the Department of Labor , the current minimum wage is $6.55 an hour (this number will increase to $7.25 an hour effective 7/24/09) and I’ve finally surpassed that number with my eHow articles.
Here’s How I Figure It
It takes me about ½ hour to write and post an eHow article (sometimes more if the site is having a glitchy day). According to my stats, I earn approximately $4.17 per eHow article (this is a moving target, but as of today, it’s $4.17). If it takes me ½ hour to write an article, then one hour’s worth of work should earn $8.34. Actually, the less I write, the quicker my hourly wage increases.
The Beauty of Residual Income
I won’t reiterate the beauty of residual income, It’s pretty much self evident.
If you are currently unemployed and are in the throws of looking for a job, now is the best time to start writing. I’m not talking about a resume (I’m assuming you’ve already done that), I’m talking about writing for a residually paying content site.
According to the Bureau of Labor Statistics, it takes about 6 months for someone who is currently unemployed to find a job. In between interviews, job seekers should spend about one hour a day writing and learning about SEO, keywords and how to generate traffic.
What better way to supplement unemployment income than by getting paid to write about what you know?