I want to diversify my income so that I never again have to depend on a full time job. Being dependent on a job is like being hit in the groin with a ladle every day, it sucks. I don’t like the rigidity, the fact that on weekdays I have to go to work come rain or shine. It may not be the worst bargain in the world, but it’s not an appealing one either. I’m going to find a better solution.
To that end, I’m publicly declaring my intentions to become financially independent by the end of this year. Let’s break down that goal in order that we might understand the implications. Come July, I’m going to be living like a monk in eastern Europe. I’ve run the math and I don’t expect my monthly expenses to exceed $600.
If we break that down further we find that I will have to make $20 a day. That’s not an unreasonable amount of money. $20 is only four hours of work at a minimum wage job in the United States, for example. However, I don’t want to work a minimum wage job. Ideally, I don’t want to work at all, but one step at a time.
Making Money Online
So how the hell can I make $20 a day online? Well my current thought lies with copywriting. It would be a tough market to break into but if I was successful, my expenses would easily be covered. In fact as I started producing better content and amassed a greater list of clients, I would make enough money to live in first world countries. Many of the cities on my to-visit-list are expensive and I would welcome the income.
While copywriting would allow me to throw off the shackles of a full time job, and earn money virtually, it doesn’t fulfill one indispensible criteria. Copywriting will never make me money while I sleep. Although it’s unfathomably better than teaching ten year olds English, it’s still not perfect.
The golden pear that I’m building a ladder to reach is an automated platform that makes me money while I’m at the bar, swimming in the ocean and studying foreign grammar. I know it’s possible. I’ve read accounts of people doing it and I’m confident that I can replicate their success. The process won’t be easy, but the very thought of working a full time job for the rest of my life gives me nightmares. I never want to work for someone again unless I stand to gain something other than money.
And so my goal stands pat. By December 31st of this year, I will make be making $600 a month online. I will do so to fulfill a short term need, but I will always keep my eye on the long term goal of creating a virtual ATM. My goals may be ambitious but history has shown that I’m capable of rising to the challenge.