Capitalist class (1%) Top-level executives, high-rung politicians, heirs. Ivy League education common. Upper class (1%) Top-level executives, celebrities, heirs; income of $500,000+ common. Ivy league education common. The super-rich (0.9%) Multi-millionaires whose incomes commonly exceed $350,000; includes celebrities and powerful executives/politicians. Ivy League education common.

For policing in the media, it’s something I’ve been covering often in my blog. Some situations talk about themselves with body cameras. Officers make mistakes. Other times there is no mistake, but it “looks” bad even if fully justifiable. Other times it’s fully justified to those with a legal grounding, but the public is shocked. Hopefully without offering platitudes everything officers do are on the table for observation. Regardless of the current issue, if someone calls, we will show up.


The main problem I have with the 401k is that the investment options suck. All the mutual funds (including target date funds) have a high front load fee (4.25%-5.25%) and high expense ratio (0.9%-to-2.0%). With the ROTH I get the benefits of low-cost (0.05%-0.30%), no-load index funds. In some respects there is little difference between the after-tax dollars in a ROTH with no-load funds and pre-tax dollars in a fund that immediately siphon 4.25% out. Sure, I’m taking a upfront hit on the taxes with the ROTH. However, I am also going to be taking an upfront hit from the front load fees and a continual hit with the higher expense ratio in the 401k
I don’t think I would have done worse financially at all. I just think it evens out in the end of you make the right choices. I probably would have started with a much higher salary out of the gate. Put there’s a possibility then I would have been spending my time with people who put value on superficial items, and I’d spend more money on my apartment, car, clothes, etc. I’d probably try to stay in that job for many years, if it were paying well, versus having a real reason to leave positions to quickly move up and try different things. Right now I’m in a private company that is excelling and due to being open to any opportunity I was able to work a job that paid relatively little compared to market rate in exchange for a large amount of options. It’s yet to be seen if these options are going to be worth anything, but at this point there’s a reasonable change that I could meet or exceed the amount of savings I would have had, say, if I were making $100k out of the gate after graduating from an Ivy League school. Having a low income out of undergrad forced me to prioritize and learn how to save, and also how to live on a salary of under $30k a year in the Bay Area. While I’m still scared of losing my job, I understand how to live cheaply, which I consider a value-add to not having such high expectations and requirements for lifestyle out of the gate. Now, I am considering getting an MBA if I could possibly score well on the GMAT (I believe if I could get a high score on the GMAT I’d be an interesting candidate for a top-tier MBA program given my experience working with multiple successful startups as an early employee) but I’m not sure I want to take two years off to do that. If I were to go back to school I feel it would be more valuable to specialize in technical development or analytics, to really address areas where I am weak that would lead me to be a much better professional today. It’s unclear if an MBA program would be able to address my weaknesses — or give me the salary boost you speak of as with bonus I now make up to $130k per year (last year I closed out the year with about $110k.) I’m 29 and 7 years into my career. I save, I invest, and I’m glad I didn’t make all of the “smart” decisions in my life because this made me hungrier, potentially more well rounded, and less scared of taking risks as I had so little to lose.
Great article. I disagree with step 2. Do not choose Petroleum Engineering as a first degree. One can always do this for a masters degree instead. Best to choose mechanical engineering. The chance of ending up with a high paying job in the oil/oil service industry is the same with a mechanical engineering degree. Most of my professors in grad school in the Petroleum engineering department were mechanical engineers.

They say, if I invest 0.04 bitcoin (this seems to be their minimum threshold), I’ll receive 1 % of it daily. Sounds too good to be true. At the moment I don’t have any money so I’m thinking of borrowing from my relatives to proceed with the investment. So before I make any move, could you please advise whether or not to proceed with this site. Thank you in advance.
THANKS so so much. I was seriously discussing this and the 2K odd $ is massive in my current situation. When I started asking basic questions about structure n content n timing, such as how long do we get mentored or why is it different especially for mature, skilled people. I received similar to above, some people think too deep, ask too much n arent who we want to help make Leaders. I shared some things, but not enough. ….
Yes, people who perform on stage look like a big group of people and they have union. Perhaps when you read the article about the strike you were surprised to know symphony players earn six figure salary, but only about 1% gets to play in the 100k+ salary orchestra from top music schools (Juilliard, Curtis, NEC, etc). I am a lucky few who plays in a major orchestra with 100k+ pay, but I spent my 20s practicing everyday earning $10k-$20k until I finally won the audition at age 30. (33 now) In order to be competitive in auditions, I own (parents and grandparents paid) an instrument that costs $300k. Most of the straight A students from top music school I know now earn below $50k. As a music student, it is a big success if one wins an orchestral job with $50k salary. Many try to teach and freelance at a $5k orchestra job to scrape by.
I am age 34 , working as an accountant with annual income 85k per annum, due to monthly commitment on properties & car, left 1k for saving each month. May i know is there a better way to maximize my current reserves to 200k per annum as per your article? i’m happy to have at least 10k passive income every month without working soon as i’m planning to have kids and looking forward to enjoy the lovely time seeing them grow up without a job constraint
There are a limited number of scholarships available for flight students but I wouldn’t count on those; competition is fierce and there are very few awarded. Anyone starting now and taking the civilian path to a flying job needs to be prepared to make a hefty initial investment. There’s really no getting around that, but as you said there loans are certainly an option. Also, for those with prior military service, the GI Bill can be used for flight training. Hope this helps.
It’s unfortunate that you left IT out – yes portion of it have been outsourced. However I have several friends who work as social media technologist (monetize YouTube videos, twitter relationships etc.) that make over 6 figures. Also I work as an IT Business Analyst for a large consulting firm and make over 6 figures… My boss last year made over 200k (with bonus) for a midsize software development firm in retail. There is so much money to be made out there – BUT a lot of the old jobs are gone. I mean have we stopped to think about how some of those “crazy kids” running around on the internet blogging everywhere are now making 6 figures? That is a legit job that was created during the recession. Yeah people let’s make our own economic stimulus package! You have to find what the market is paying for these days – the money is out there.
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Let’s say, you are a developer who has just completed a client’s website. You think that it is one of your greatest works and the client is truly impressed. This will be a great time for you to offer them a website maintenance service from a third-party. You partner with this company through their recurring affiliate program. As long as your happy client stays with them, you get a steady stream of passive income.
“Ultimate” is right! Thank you for this thorough and thought-provoking post. I have yet to venture into affiliate marketing; I’m standing in the doorway, thinking of how to connect my interests and knowledge to an appropriate product. I feel I’ve read plenty to get me started once I have a product, but this is the hardest part, isn’t it? I have just subscribed to Blog Tyrant and will continue to follow Viper Chill — I just want to put all this information to work, and soon!
What's up ladies and dudes! Great to finally meet you, and I hope you enjoyed this post. My name is Nathaniell and I'm the owner of One More Cup of Coffee. I started my first online business in 2010 promoting computer software and now I help newbies start their own businesses. Sign up for my #1 recommended training course and learn how to start your business for FREE!
I do have to comment though on your section where you mention pursuing an MBA for a higher salary. This is risky. In order to attend one of those top universities full-time (because I’m fairly certain those universities don’t have part-time programs, and if so, part-time programs are not looked at with the same respect as full-time from recruiters), one must give up 21-24 months of employment (which, in my current situation is about $140-145K) as well as pay $120-140 for the program. That’s $280,000 in costs.
Get in any of the above schools, and enter any of the five industries I mentioned and you’ll likely make a median total pay package of $120,000 your very first year. Five years out, you’ll probably make double. You can attend business school at 25 or 55 and so long as you go to one of the best schools, the vast majority will make well over $100,000 a year upon graduation. Even if you don’t go into one of the aforementioned fields, you will still probably make six figures in the fast moving consumer goods (FMCG like Procter & Gamble and Coca-Cola), retail, and hospitality industries.
Hello, I am a Sophomore in college at Humboldt state majoring in Biology currently and I am only doing that because I wanted to be a vet but now I have changed my mind but people around be are saying to stick with biology. I have heard of the idea applying to the top companies but I am interested in what field i should be majoring in. I went and talk to the business major counselor and that didn’t sound like anything I would be good at and enjoy ( as with all the majors right now). So my question to you is what major would be good to do to apply for the top companies ? and will the career be just like the major?
Although it’s an attractive way to make six figures, it’s extremely difficult. It’s obviously possible, and saying that, doesn’t compromise your article’s point. However, I think you should have stressed the blood, sweat, and tears that people put forth to go through those programs and not advertise it as a, “Hey, almost anyone can get into one of these top fifteen schools and make $240,000/yr. after two years of employment” in such a nonchalant manner (oh, and the 70-80 hour weeks).

Having that level of job security must feel great and re-assuring. When I visit other personal finance forums (particularly on reddit) half of the success stories seem to come from computer science majors. It might be the perfect blend of degree value, job availability, and work levels/flexibility. The ability to freelance or work remotely seems to be another potential benefit.
How to Get This Job: Actuaries must have a bachelor’s degree in a concentration like mathematics, actuarial science, or statistics. In addition, they may want to take coursework in programming languages, databases, and writing. Actuaries are certified by two professional societies: Casualty Actuarial Society, which certifies professionals who work in property and casualty, and The Society of Actuaries, which certifies professionals who work in life and health insurance, as well as retirement and finance.
We also pay for the occasional epic blog post, plus digital tools like MailChimp ($150/month), hosting ($150/month), etc. Because the site has grown exponentially over the last 18 months — we now see about 115,000 unique visitors each month and have 23,000 newsletter subscribers — it costs more to run the site now than it did a year ago. We now spend about $3,000 a month to run The Write Life.
Don’t get me wrong…Sponsored content is great (and next month we’ll be publishing a post on how to work with brands), but I love having total freedom in what I write and–especially now that I’m pregnant and due with my first baby boy in September!!–I really wanted to ensure I could start to rely more heavily on automated and more effortless income.
The reason I’ve put the “choosing your affiliate product” section before the “blog post writing and strategy” section is because it’s often really beneficial to know what affiliate keywords you’re going after before you start the blog. This gives you a good opportunity to craft the content and the tone of the discussion towards the promotion of the product in the reader’s “journey”.
Only about 20 percent of American households even break the six-figure mark, according to Census Bureau data. But while many Americans still see that number as a prized income, it doesn’t necessarily roll out the red carpet anymore. Due to the rising costs of food, energy, college tuition, health insurance and the growing “necessities” of a middle-class life, a $100,000 salary in some parts of the country covers little more than the essentials.
Steve has been extremely clever here because his affiliate product is completely owned by his company. This is the perfect example of matching an affiliate to a traffic stream. He wrote a high quality evergreen article that naturally developed trust due to his strong brand and large community and then developed the app to solve the problem of thousands of people asking him, “Dude, is that food Paleo?”

This is great for you because the products literally sell themselves, and as a 7 figure franchisee you get to keep 100% commissions on every sale that you generate promoting it which includes upsells, downsells, recurring products, and the high ticket backend product that I am talking about in this blog post the 7 figure franchisee business opportunity.
I also worked my ass off during high school, went to a public university with enough AP credit to graduate in three years with an English degree (gasp!) then received a Master’s in journalism (double gasp!) that costed next to nothing, because I moved back home with my parents and didn’t have to divulge their income on the FAFSA for a graduate degree. I went into tech marketing and was making six figures by the time I was 25.
Amazing and thorough breakdown of how it all works! Thank you so much for sharing! a group of 3 friends myself + 2 are about to start affiliate marketing together. Since many advertising rules have changed with affiliate marketing (facebook ads etc.) and many articles have not been updated since, weʻd love any advice or suggestions you have for 2018!
Set your price. Usually, websites sell for 3-5 times the yearly revenue. So if you had a blog for six months that made $30,000 in those six months, your yearly revenue would be about $60,000. You could then sell your site for $180,000 or more depending on your buyer. Bigger companies are most likely to spend larger amounts of money on a website than small companies are.

I’ve just started my blog. I feel that I definitely stand out when it comes to promoting my blog posts on Pinterest because I create illustrated blog post images and don’t use stock photos. But I’m trying to own it. Like you said, there’s a lot of learning involved and there is no better way to improve in Blogging other than actually getting down and dirty with it, lol.


Nothing is untrue about this post, I just have a different take perhaps because I am 55 and I have also raised 7 children of diverse interests into adulthood. First – i am a board certified Veterinary Pathologist and work for the pharmaceutical industry. A niche career, not well known by peiple outside of the field but i have loved it and it has been great to me and it pays AMAZINGLY. I didn’t even know the option existed when I was in high school, college or even until well through veterinary school. I followed my passion and talant. Remeber what you decide to do you get up and do everyday – so if being a petrolium engineer and living in TX giges you the heeby-jeebies well, don’t follow this guy’s advice. You have to have a reason to get up everyday and it may not be to earn as much money as you can in 5 years and retire – maybe it is, but then you still have to do something with your time.
It therefore becomes apparent that the majority of households with incomes exceeding the six figure mark are the result of an economic as well as personal union between two economic equals. Today, two nurses, each making $55,000 a year, can easily out-earn a single attorney who makes the median of $95,000 annually.[24][42] Despite household income rising drastically through the union of two economic equals, neither individual has advanced his or her function and position within society. Yet the household (not the individual) may have become more affluent, assuming an increase in household members does not offset the dual-income derived gains.
THANKS so so much. I was seriously discussing this and the 2K odd $ is massive in my current situation. When I started asking basic questions about structure n content n timing, such as how long do we get mentored or why is it different especially for mature, skilled people. I received similar to above, some people think too deep, ask too much n arent who we want to help make Leaders. I shared some things, but not enough. ….
I just want to point out that all though it is fantastic to go to college & to have great grades, innovative thinking & motivation can land you an awesome job. I graduated HS top of my class & went to a small private college for 2 years. I only have an AA degree (nothing to brag about though I always earned As). I decided to get married at 19 (I know, right?!) but when I was staying at home with the kids, I started my own real estate business & started making a 6 figure income within 3 years. I have doubled that within the past year & rake in over $300K per year working from home. I sell around 200 properties a year. I just hit 30 & make over $300K per year & started making 6 figures at only 28. I’m sitting pretty with a high paying job where I am in control of my own destiny. Work ethic & seeing an opportunity & knowing how to seize it is how I got there. With that said, I do value education & will likely go back to get a degree someday just so I can say I have one. For now though, I will focus on my $300K+ per year income & know that I made this for myself.

1. I’m no longer a solopreneur. If I was a solopreneur who netted $5K from a website I ran on my own, that would be pretty darn good. But I don’t do everything myself. Instead, I run a company that has a lot of expenses. My team manages a number of blogs, and I pay six team members each month, as well as dozens of writers who contribute to our blogs, plus a tech-support team. That $5K goes into company revenue, not directly into my pocket.

I, too, work in an industry with salaries that are tied to budgets and salary cohorts. But I have found that side hustles, both in and out of my field, help to increase my income. It is sad that we have to give up even more of our time to get there, but I guess the sacrifice makes the reward even more satisfying??? In any case- thank you for sharing your journey, your goals and your insights. It is comforting to me to realize that there are others in my circumstances.
I grew up in SF. Big city. And for high school I went to the ghetto side of town where a lot of the teachers were burned out. A few of them left for private school after 1-2 years of teaching where the pay is a lot higher. I would have done the same. At an inner city school, it’s more work and stress for less money and less respect. The actual kids weren’t great to deal with either. High schoolers aren’t as cute as 5th and 6th graders when they’re mad. These kids carried pocket knifes now!
Summary: 7 Figure Franchise is basically just a resell right, with some decent training on traffic generation, for you to leverage Michael Cheney's sales funnel and promote his products. Yes, it's possible for you to make money but you're not building a business for yourself. It's more about helping Michael to build his business which can be taken away from you anytime. (Remember, it's just a franchise!)
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