What does everyone call 'a steady income'

However much you earn consistently is a steady income.

So long as I can pay my bills each month, I won't be disappointed...

I think a steady income is one defined by its security and longevity, as much as quantitatively, isn't it?

It's different for everyone because everyone has a different life situation, budget, financial value system, etc. I come from a financial background and I was extremely conservative in my own projections. I didn't consider anything "steady" income unless it was double my job's earnings, at that time, and it flowed consistently for 6 months without any significant variance.

Ask 100 people this question and you will get 100 different, varying answers.

For some people it could be as simple as any income they view as consistent over a certain period of time.

RoD

Gross Monthly Revenue - Monthly Expense = Net Revenue
If Net Revenue is positive and consistent for 3 months or more, it can be noted as consistent, steady monthly revenue.

Other items for the term "steady" means that the monthly income is trending up versus being flat or being reduced.

Why only 3 months? Because by this definition & concept, if you can achieve an increase on a month to month basis, it would prove that the next 3 months will be the same, if all things are equal.
Now take this definition and match it to the guru sales letters who claim "monthly incomes" but only show the 1 month only which is really only the sales from their last launch.
It's a wonder that no one ever really gives accurate results - meaning explaining expenses that are incurred, what their previous months were. So, there's a lot of "hope" and marketing spin that everyone can achieve the $XXX,XXX "PER MONTH" -- when in actuality, after they paid off affiliates, so-called brought in copyrighters, a silent partner, they are left with about $2,000 -- and that's after 60 days.

If you're talking about full time income, then a steady income would be enough to pay the mortgage, household bills, car expenses, food, entertainment etc., and have enough left over to put back into the business. Don't forget to put some aside to pay your taxes and contributions. Extra money you make is regarded as exemplary income and when you make lots of this, you are well above a steady income!

A steady income is a regular income that constantly gives you the money you need without interruptions.

For example, if every month you make a certain amount of money, let’s say around $2000 per month, you have a steady income. It doesn’t matter if one month you’ll make $1500 if the next month you’ll make $2500. You have to regularly make a good amount of money that won’t fall under your basic monthly expenses in order to have a steady income. Let’s suppose that your monthly expenses are around $1000. You have to make at least $1500 per month to feel fine. Thus, if you regularly make around $2000 per month you are not merely surviving, but having money for other things in your life, besides paying your bills.

However, if one month you make $2000, but the next month you make $0, and the next month you make only $20, and so on, you have an unsteady income. You can’t relax.

which business online have you been earning 1600...by the way you can earn a nice income online but it requires hard work and a working strategy for that particle online business. you can as well earn more than that promoting CPA offer with a working strategy.

steady income is anything you make 'consistantly' month on month.
but i think you probably mean what is a 'comfortable' steady income?

I guess to begin with 'comfortable' should ideally match your 'job'.
once you can do that 'consistantly' the more options for freedom you have.

As others have said it is nothing more than an income that is consistent monthly regardless of the amount.

To me a steady income is a consistent income that exceeds your normal living expenses.

Good question; think I would agree with Rod Cortez. You would probably get 100 different responses from the same amount of people. This is because everyone has different circumstances and lifestyles. For example: what would be a steady income for someone with an extravagant lifestyle is very likely to be much higher than someone who never leaves the house with little outgoings.

One thing to consider is you are now a business and can take advantage of the tax codes you cant as an employee so you do not have to make quite as much as you once did to reach your "steady income" or financial freedom.

Hey,

Your idea of steady income should be both consistent, and adjust at the same time - let me explain.

Initially your steady income should be just that, steady. So each month you wake up and there is a check there for you, preferably increasing with each month. Your initial goal should also be to replace your job income, because if done properly you'll work atleast 1/2 as many hours than you would trading your time for money at your regular job.

And you can do one of two things dependent upon your goals. Work to increase that income, or work to decrease that time, and adjust it as your life and lifestyle do.

Take care,

Bobby Freiler

Something steady that can sustain the whole family?

I consider a steady income enough money to buy me chips and beer.

...I easily meet my goals each and every month. LOL.

Steady income is wonderful.
My growing income is better. Grows every month since 2005.

Sorry but that's a dumb question.

A steady income is when you have more money than you know what to do with. Until you get to that point, you should not rest!

Russ

It's what the word says -
STEADY!

Steady income to me is a consistent incoming cashflow which is more than enough for me and my family to live comfortably on everyday.

Does anyone else find it remotely humorous that the OP was looking for us to tell him how many dollars we earn each month, and 25 responses later, no one has?

I have worked a so called "steady job" before i was in IM...and to be honest, there IS nothing like a steady job. I have seen BIG NAME companies in Illinois downsizing, laying off etc..etc...if you believe that there is something like a "steady income" as opposed to internet marketing you are living an illusion!

In fact, now in IM i am more in control than i ever was in a "steady" job.

Steady income is what we are getting if we already feel comfortable with the amount of money that goes into our bank accounts. If you dont feel so relax for tomorrow or you still worry about money everyday then you are not making a steady income.

Andrea

Simply having enough money coming in each month. I would call it consistent, but if you make $3000 one month, and then it doubles to $6000 the next month, and then down to $2000 the next month... they're clearly not 'steady' figures, but still remain enough money for someone to live off each time. I'm an affiliate marketer and I'm used to numbers widely varying each month sometimes. But I always have enough money.

A steady income is about $10,000 per month. That's enough to pay the mortgage, groceries, provide for your wife and few children running around the house, put back into your business, and still build up a nest egg for your retirement, your children's education, and your backup emergency money in case your wife decides not to work or if you lose your job.

Steady income is what you need to earn to be comfortable, and it all depends from your family circumstances and spending habits. 6000$ a month, that is a reasonable steady income

I'll give an example since that's what you're looking for. If I didn't have debts, a steady income for me would be roughtly 1000 pounds, around 1600 dollars a month. That would pay my rent, food for me, girlfriend and baby, gas and electricity, water, all related car expenses, internet, gym membership, hosting and so forth.

The downside to this is affording anything over 1k dollars would take months of saving. So if I want a holiday, It'll take half the year just to save for it.

With 3,000 dollars a month I would live like a king.

Do you people understand what 'steady' even means?

It has nothing to do with quantity.