I haven’t taken a leave of my senses. I’m excited because a long time ago (March 8, 2010) I mentioned that I wanted to earn minimum wage. Although I haven’t met the goal as outlined in my earlier post, I’m on my way.
While playing around with numbers the other day I realized that last year my daily residual earnings averaged $62.69 a day. In general, I work (if you really want to call what I do work), 4 to 5 hours a day 5 days a week, except in the summer when I work 4 to 5 hours a week if at all.
Let’s say I put in a 25-hour workweek. At a rate of $62.69 a day, 7 days a week, that’s $438.83 a week. Divide the weekly rate by 25 hours and you get…drum roll please…$17.55 per hour. Eeeyowzaaa!
Since minimum wage, as of this writing, is $7.25 an hour, I could conceivably put in a full 40-hour week and still earn more than minimum wage.
Notice that I quote my earnings for last year. Since this year isn’t complete yet, I won’t use this year’s figures. If you take a look at my October earnings graph, you’ll see that this year’s daily residual earnings exceed last year’s.
Quitters & Naysayers and Everyone Else
For the quitters, I’m glad I didn’t follow you when you gave up. To the naysayers, I’m so glad I didn’t listen. To everyone else, don’t quit or listen to the naysayers. If I can do it, you can too!
Oh, did I mention that I’m only talking about residual earnings? 😉
|If you enjoyed this post, why not sign up for NJFM’s Motivation for Writers Newsletter.
A dose of motivation will be sent to your inbox every Monday.