Wednesday, October 26, 2016

Daily earnings charts for online writers

Do you know how much you need to earn a day from your online writing in order to generate a decent income? Online article writers often forget to do the math. It's easy enough to stop and perform the calculations. Do you have the time? If not, maybe this earnings chart can help you put things in perspective and meet your writing goals. Pardon the formatting please. These are charts I made for my own personal use and decided to share with you.

These figures are based on writing 5 days a week (20 days per month)

Daily                 Monthly                Yearly

10.00                 200.00                   2,400.00
15.00                 300.00                   3,600.00
20.00                 400.00                   4,800.00
25.00                 500.00                   6,000.00
30.00                 600.00                   7,200.00
35.00                 700.00                   8,400.00
40.00                 800.00                   9,600.00
45.00                 900.00                  10,800.00
50.00                 1000.00                12,000.00
75.00                 1500.00                18,000.00
100.00               2000.00                24,000.00

These figures are based on writing 7 days a week (28 days a month)

Daily                 Monthly               Yearly

10.00                 280.00                  3,360.00
15.00                 420.00                  5,040.00
20.00                 560.00                  6,720.00
25.00                 700.00                  8,400.00
30.00                 840.00                 10,080.00
35.00                 980.00                 11,760.00
40.00                 1120.00               13,440.00
45.00                 1260.00               15,120.00
50.00                 1400.00               16,800.00
75.00                 2100.00               25,200.00
100.00               3000.00               36,000.00

You can have a lot of fun comparing these statistics. For instance, look at the enormous difference between the lower right hand totals on the two charts. Obviously, it pays off in the end to work those longer hours. However, you must weigh your own odds when it comes to what you're willing to give up for the larger paycheck. Plus, there are those viral posts to factor in. Don't despair!

By the way, in case you are curious, in order to reach an income of 100,000. a year (a six figure income) writing online, you would have to earn an average of 277.77 per day, working 30 days a month, or 416.66 per day, working 20 days a month. And remember, these figures do not account for income taxes!

Better get to writing, I guess!

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