Why Do I Need To Earn $40 A Day Online?
September 24, 2022
Article Number 213
In my last article, I mentioned there that I need to earn at $40 a day. At least, that will be my goal for the forty five days or so.
I know earning this amount every single day is quite a challenge. Can I earn this by writing alone? How about with the help of my photos and artwork?
Greetings once angain, my dearest friends and readers. I was planning to write this article a couple of days ago, However, I am still fighting off colds due to my sinusitis. This started the other day when I had another attack of my allergies. As you all know anti-histamine and decongestants have a nasty side effect of drowsiness.
Anyways, it's a Satuday morning and I am about to make my second cup of coffee to keep me awake.
As I have mentioned, earning $40 a day online is quite challenging. Unless maybe, someone is willing me to pay me that amount for a day worth of project... maybe someday soon.
Anyway, what I want to share with you here is how I came up with that amount? Did i just pull out of the air? Definetly not.
I want to emphasize on the NEED. So, why do I NEED to earn $40 a day?
A Little background.
I am only teaching part-time. My salary is a little more than enough to help cover our family's expenses and even save a little each month. That only covers my family's NEEDs for the present. Oh, I almost forgot that my income can not cover the monthly dues for our loan.
Why Do I Need To Earn $40 A Day Online?
I can live by from what I am currently earning from my part-time job. Sometimes, I get some extra jobs from which I can earn some extra cash. I am grateful for that. But why do I need to earn $40 a day online? my answer is simple:
For the future and security of my family
Why $40 a day?
Let's do the math.
I promised my wife that I will pay for the monthly dues for the loan and the "Talking English" books that we bought for our kids. That's about $100 a month.
Our house, that was battered by several typhoons including Super Typhoons Yolanda and Ursula. I haven't talked with an engineer yet, but I estimate that I need about $2,700 for that. If I want the repairs done in less than a year, I need to about $270 a month.
We need a car. I have posted before that my dream car is a Honda CRV that is worth $25,000. I am settling for something less. Something smaller. Something that will cost less than $370 a month for three years of amortization.
I owe myself $360. Funny as it sounds, yes, I owe myself $36o when I bought my Huawei tablet last May. The thing is, instead of having it financed by a lending or micro-financing company, I decided to borrow from my savings fund. I plan to pay that amount in six months. So that's $60 a month. Also, when I bought my tablet, my purpose was to use it to earn more money.
Then I want to give my kids better education. I want to send them to the school where I teach. that will cost me abuot $120 a month. To sum it up...
$100 + $270+ $370+ $120+ 60 = $920
divide that by thirty: $920 /30 = $30.7 a day.
The $9.30 a day will go to my savings and emergency fund, plus I want to share some of my blessings to those in need.
(Hmm.. Maybe I need to earn a little more to cover the taxes. :D)
Can it be done?
I believe this is achievable. I need to go out of my comfort zone though. At the moment, I am barely earning $2-$3 a day from the various writing and content sharing platforms. I need to do more and explore more options.
Earning from writing for cryptocurrencies can be rewarding, but sometimes the earning is not enough. I have seen a few members of readcash earning more than $600. Perhaps, that is quite difficult to achieve these days, considering the current cyrpto prices. However, there are more opportunities to earn online.
What is necessary is, one must set a goal how much he/she NEEDs to earn online. If we focus on that earning goal, we can explore various ways to earn that amount.
Setting a goal is the first step. The next step... finding the way(s) to achieve that goal.
Thanks for reading.
Lead Image by Gerd Altmann from Pixabay with modifications.
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Is hard to earn $40 a day. But you can do it. Let's go! Sky is the limit.