Why $100 Per Day?
While I know the idea of how to make $100 per day is somewhat of an industry standard, I don't think it's enough, at least not in the US.
That only works out to $36,500 per year, and that's if you do it every day.
Now, that may sound like a lot to somebody who is still struggling to make decent money online, but it's not reall all that much.
Figure Uncle Sam will get 1/2 of that (this can vary widely, but it's just being used as an example). That puts you down to $18,250, and you haven't really doen anything yet.
How much is your monthly mortgage payemnt, or rent? Multiply that by 12 and subtract it from the total. Let's assume $500 per month. We're now at $12,250.
Food? Car payment? Electricity? Heat? A social life (no matter how boring)? Household products? Gifts? Savings? Etc. It doesn't take a lot to burn through that $100 a day, does it?
Don't get me wrong, I think it's a great goal, and definitley worth shooting for, but at the same time, you should be realisitc about the number that works best for you and your situation.
So, am I off base on this?
All the best,
Michael
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