First, I’m still going to school, so haven’t started earning at my full potential yet. Second, I’m hoping to (at least eventually) have a job as college professor, so my work income will be roughly $65,000 (as you’ve mentioned in past posts), and so I’ll need to build alternative income sources to close the gap. That’s my story, and I’m sticking to it.
You could certainly write a totally different take on this post as an adjunct professor! You’re right that teaching is typically poorly paid, and I think it is just appalling what we do in higher education, especially given its costs. I am certain that your students were better for having you, but I am certain that that role came with its own frustrations.
I am starting a new job soon (30/m/renter/$12,000 IRA) but importantly, no debt. $56000/year with a 5% 401k Match. I am having trouble determining whether I want to go all in on the 401k and forgo the ROTH IRA. Or go partial in on the 401k ($10,000/year) + max ROTH IRA. After all, the after income-tax dollars are going to be in the second lowest braced (15%).

I have two teens and I cleared $17k (not a typo Seventeen Thousand) last year. How? I joined the Army after high school. Went to war ’91. Got out of the Army. Went to college (took wrong major). Dropped out of college after my daughter was born. Went to work in sales in telecom. They burnt me out in 2 years. Most I ever made was $63k. The reason I tell you this is there is much, much more diversity in the world than just about the money. I don’t despise anyone making a lot of money, anything to distance yourself from the grasp of hunger poverty is good !
Great post! I majored in Electrical Engineering, instead of going the tech route (mistake?) I went into infrastructure and engineering services. The work is pretty easy and I work no more than 40 hours a week. I’m in my early 30s moving up proves to be very hard even with PM experience and being a licensed PE, this industry is very flat… So I’m going to business school this fall to get an MBA part time. I sat in some classes and I actually love it. I never explored the possibility of studying business before but nonetheless I’ve had side interest in economics and leadership psychology for a long time and read a lot. Don’t know if I will see an ROI immediately but I am probably going to enjoy these courses.
Hey Jennifer, I don’t really know much about MOBE as I haven’t had personal experience myself but in terms of paying for a programs, i’ve had experience with the Six Figure Mentors. They teach people marketing and entrperneurial mindset stuff that I found invaluable. They have a paid tiered membership system that can be promoted on an affiliate basis. What sort of affiliate business are you looking to set up?
The principle job of a reservoir engineer is to predict how much oil is in the ground and how quickly these volumes can be recovered. This involves working with geologists and other engineers to build computer models to forecast production. The unique thing about this industry is the uncertainty of it all. I’ve been on a team where all the engineers, assurers, managers propose a project…get the company to spend a billion dollars…and end in complete disaster. So a considerable amount of hand-waving is involved.
Another advantage public schools have is their far broader acceptance of AP and community college courses (remember Step 1?). After all of my credits were applied, I entered college as a junior and graduated in 3 years instead of 4. That’s an extra savings of $10,500 or $50,000 if I were smart enough to get into a school like MIT. I’m not even including room and board and textbook expenses. Absolutely huge.
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
Wow, these salaries and success stories are amazing, and making me wonder what I did wrong. I earned my BS in Computer Science in 1986. Now, after an MBA and an MS Risk Management, two lay offs, a few missed/blown opportunities, and the Great Recession, my 2013 annual salary is exactly the same as 1999 – well under $100K, in a mid-sized, mid-cost, coastal FL city.
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Thanks for the tips, Tiffany! It was very helpful. I just started my blog about a month ago and just signed up for Shareasale. I do have a further question. Do you know what blog post on Shareasale’s blog, gives me the best information in getting started and what I need to do? I am finding it hard to navigate my way through and really get an idea of the best way to start. It’s all quite overwhelming. Or is there a post that you have to guide me better?
As a 7 figure franchise you’re also going to be able to promote each of his products wihle keeping 100% of the sale paid direct to your paypal account. Even if you don’t promote all of them, you can promote just one product and as mentioned in the other section, Michael will automatically funnel all leads through a whole campaign promoting each of his products.
Hey Tiffany, how are you today? This is an excellent guide and I love all the information! It’s true many people who have blogs have no idea about affiliate marketing and it’s potential, but there is so much money to be made from affiliate marketing it’s unreal. One tip I could give is people who are building up blogs should get into affiliate marketing earlier! Great post, have a great day… thanks for the great information!
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.
On the other hand: the main reason of bankruptcy for small businesses is bad financial management. Simply said: to forget to make invoices, not checking the payments and not following bad payers. 1 out of 3 is going bankrupt for this reason alone. I had to learn it myself. I spend at least 10% of my time with financial stuff. I don’t love it but the bills get payed ;-)
Before jumping into starting an affiliate marketing business, learn all that's involved in making it a success. More importantly, if you decide to pursue an affiliate marketing business, or want to add affiliate marketing to an existing business, understand that it's not fast, automatic, nor without effort. Like all home businesses, ​you need a plan and daily involvement to make money with an online affiliate marketing.
In addition to physicians, lawyers, physicists, and nuclear engineers were all among the nation's 20 highest paid occupations with incomes in excess of $78,410.[24] Some of the other occupations in the high five-figure range were economists with a median of $72,780,[25] mathematicians with $81,240,[26] financial managers with $81,880,[27] and software publishers with median annual earnings of $73,060.[28] The median annual earnings of wage-and-salary pharmacists in May 2006 were $94,520. The median annual earnings of wage-and-salary engineers in November 2011 were $90,000. The middle 50 percent earned between $83,180 and $108,140 a year (as in the Occupational Outlook Handbook, 2008–09 Edition by the U.S. Bureau of Labor Statistics).
Your autoresponder is the series of emails that go out to people who subscribe to your website in exchange for something they want. For example, if you sign up to my Author Blueprint at www.TheCreativePenn.com/blueprint you’ll get useful emails, articles and videos, some of which contain affiliate links, all for products that I have personally found useful.
This forumla you have makes sense for some people, but not all. Case in point – I went to a college in the midwest that no one has heard of, graduated with a 3.2 GPA, and at the age of 29 closed the year with a $110k salary. My boyfriend went to one of the top 10 public institutions in the country, graduated with a 3.8 GPA, and last year earned about $20k. Yes, having a degree from a top-tier institution may have increased my current salary even more, but I think had I gone that route I would have went into a less exciting career and given myself less chances to fail. Instead, with my average academic background, I’ve been able to live out many careers in my 20s – as a business journalist, and then in a variety of roles in startups where I could put my writing skills to use. I learned how to negotiate and that’s why I’m making six figures today (and I also have a sizable stock package that could be worth more a few years down the road.) My salary clearly has nothing to do with my academic performance. Sure, Google would never hire me because I don’t meet their hiring criteria, but who needs Google when you can start out as one of the first employees of a startup and help make that startup worth hundreds of millions of dollars?

Anyway, I am trying to get into IT, because every other profession within banking requires me to take a test and get licensed and renew that license with more tests. I’m bad with tests, and I don’t need that in my life, and IT not only pays more, but I can just get certified with classes. Anyway, how do I go from fraud to IT? I.e. Business Analyst, higher up IT profession? I’m not a computer science major, btw. I was in health sciences. I’ll look into other money making options by following your posts, but how can I start making a decent living by converting to full-time from contract? I’ll learn software skills/IT on the side, but yeh…Any tips?
Too many newbies make this mistake. They think they can avoid ALL online business start-up time and expenses by joining an affiliate program and using the free site they get as their main site. It's a mistake. The best affiliates in EVERY program have their own website where they bring ALL their traffic first. From a "home base" like this you are free to make personal recommendations, promote a variety of programs and earn income other ways such as advertising or selling your own products and services. Growing your own site is a major key to growing serious long-term affiliate income.
Regarding “convincing someone to buy your product is not that easy”, I do agree with you, but at the same time, I remember all those products I’ve bought online. I did not search on Google for those products neither I went to the company websites to get information and buy. They were affiliate people and their blogs that inspired to buy them. PrettyLink Pro, SEO Pressor was recommended by Kimberley, I bought Profits Theme, WP Zon builder because Alex Whaley recommended. Similarly I bought CommentLuv Premium because Ileane, Kavita, Steve and many others were talking good about it.
The one section I found really useful was the monetizing section where the authors explain all about choosing the right ads, affiliate programs and other revenue streams. While I'm sure there's more complete info on this (it could be worth an entire book), it was a good introduction and gave me guidelines if I ever have to do something like this myself.

The opportunities for advancement with higher pay or fewer but if you were to go into a management role those guys pull down almost 200k. There is the negative/benefit of the schedule, you normally work a 7/7, 14/14, or a 28/28(overseas with crazy earning potential) where you work as many days as you’re off. When you’re working you’re not spending any money on living expenses and when you’re off you have the opportunity to pursue a side hustle.

I could talk about unions forever, Alice! I didn’t in this post because I didn’t want to get too lost in the weeds for people who aren’t part of the profession. My parents are both retired union workers, and I will be part of a union for as long as I can be. Sadly, the right-to-work nonsense is rubbing off, and we just got a letter from our union saying that it is now optional to be part of a union. I have to be honest and say that teachers’ unions (at least in our area) aren’t what they used to be. But as long as I can, I will fight for mine. So glad you spoke up, Alice! Your building is lucky to have you!
You’re right that there’s tons of variables in teaching. I used to work at a Title 1 school that was almost 90% free and reduced lunch/low income. I would still work there today if it were up to me, but their funding was so bad. 🙁 It’s also interesting to look at how teachers are paid. We live in a very high COL suburb *for the Midwest*. But that’s also why my salary is so high. My district can pay what they do, at least in part, because of property taxes. It gets far more complicated when states have universal salary schedules and other things I don’t really understand 😉
Great post. Good to read from someone whose career does not involve making 6 figures (sometimes while they are in their 20s)- if one follows the PF blogs, it’s easy to forget that the majority of the population makes nowhere near that! But being in that vast throng does not mean that it’s impossible to improve one’s lot, eventually make a high income, and someday reach FI.
The Six Figure Mentors have a tiered membership training program that takes you from totoal digital newbie to empowered online entrepreneur. They offer various training packages that cater to different stages of your personal/professional development. Pricing starts from $197 for the basic membership package but goes all the way up to $20,000 for the top level training they offer.
If you’re wondering why we care about ranking for seemingly random phrases like “gifts for writers,” it’s because those random phrases, also known as long-tail keywords, all add up. While we want to rank for more obvious keywords like “freelance writing,” those are super competitive, so it’s best to aim to rank for a combination of keywords, including longer phrases that are less popular but still have a search presence.
It was really a good post. Very detail information and described well. I have started my own with Amazon and also put there as shop for baby products from amazon. I am clear about my target customers but I don’t know how to reach them and from where to start. I have put my effort in the site and review but now need a through for my site. My site is about Barbie Dream House With Elevator usually kids like with and along with that all barbie products are also available and also baby products, health product are available in there program with Amazon. Anyone can visit and see that in https://www.barbiedollsdreamhouse.com
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. ….
This is confidential and proprietary information which I am granting you access to as a 7-Figure Franchisee (if you meet all these qualifications). This means no sharing, redistributing, re-purposing or talking about this information. Don't think once you've learned this strategy it's "fair game" to rename it and sell it as your own. It's not. Doing that is like chumming the water for my lawyers - they love that.

Its obvious his first language isn’t English but the guy has made an effort to help other people out of his experience. Nunya what you did is bad and you should apologize really. There is power in the words you speak. Putting someone down like that is wrong, like all his effort to put something together was a disaster. I myself found his grammar appropriate and very understandable, I think the person with the problem here isn’t Jafar. Next time if you dont have something better to say, dont comment. If it were to be you in his shoes, am sure you won’t like it either…. Stop the negativity!!


Videos are great: you can do an unboxing video (see #10) and post it on multiple channels; you can create a recipe video or tutorial on a specific topic and link to those products both in the caption and in your Facebook shop (which you should create and direct people to); you can even do Facebook Live and mention certain affiliates where appropriate.
The principle job of a reservoir engineer is to predict how much oil is in the ground and how quickly these volumes can be recovered. This involves working with geologists and other engineers to build computer models to forecast production. The unique thing about this industry is the uncertainty of it all. I’ve been on a team where all the engineers, assurers, managers propose a project…get the company to spend a billion dollars…and end in complete disaster. So a considerable amount of hand-waving is involved.

Hello I just stumbled across your blog. A bit of back ground. I garudated with a degree in accounting in 2008. I got a job at a small firm, but got fired 3months in. I tried my best but I wasn’t getting it and no one was helping me learn. I went back to school did a year of sciences and tried to come back to accounting. I didn’t get another job till 2011 and got fired 11 months in. I learned and applied myself but I also felt I just wasn’t wanted despite my best effort. Tried to get back into it to get my CPA but could not find a job. I found many recruiters to be rude and condescending. A bit more info on me I was a bit of a hot head in college and took shit from no one. I managed to make a lot of enemies very few friends. I feel this is another reason I can’t get work in my home town I just have a bad reputation, and my resume does not look good. I am now almost 30. I want to support my family but and I feel I need to go back and find a useful skill to do so. I was thinking about doing a two year engineering diploma in the energy field; doing IT + accounting; or going into nursing. Any advice would be very much appreciated. Thank you for hearing me out.


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Well, I'll be straightforward here. I haven't bought 7 Figure Franchise, so can't comment on specifics of the training and value behind the curtain. However, based on what I've seen, it's not worth my two-thousand dollars, so in my opinion, it's not worth yours either. With two thousand dollars you could pick any affiliate membership website  and have about 5 years of membership. You could purchase $500 worth of content (10-20 articles per month) for four months (enough to jumpstart a new affiliate website). You could even buy a done-for-you website with original content.
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