Household income changes over time, with income gains being substantially larger for the upper percentiles than for the lower percentiles.[19] All areas of the income strata have seen their incomes rise since the late 1960s, especially during the late 1990s.[18] The overall increase in household income is largely the result of an increase in the percentage of households with more than one income earner. While households with just one income earner, most commonly the male, were the norm in the middle of the 20th century, 42% of all households and the vast majority of married couple households now have two or more income earners. With so many households now having two income earners, the substantial increase in household income is easily explained:[15]
Nearly $5,000 in affiliate sales is awesome, and I see this as a turning point for bringing in a respectable income from the site. (I’ve written more in this post about how we’re monetizing The Write Life.) But before we dive into how we accomplished this, I want to put that income in perspective for you. It’s still a drop in the bucket for our company, for three reasons:
So, that answers part if your question…yes, my attitude toward work, humans, merit, fairness, money, work ethic and many other things changed in the years of my first early retirement…not really enough room in this format to dive into that, but maybe we can chat about it sometime. That said, the wife and I reclaimed millionaire mountain by 2013 and are looking to check out of the corporate grind again within the next 5 yrs or sooner depending on how the global economic drama plays out. Oh, and yup – I also sell most company stock grants soon after they vest.
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
In the old days of SEO you’d build backlinks using relevant anchor text. So, for example, if you wanted to rank for “bonsai trees” that would be the link text you’d use in your guest posts. And then the Panda update happened and Google took a swipe at unnatural link profiles which meant that SEOs started making their anchor text more natural (things like “click here to read the rest”).
Penny – Great post and you have gone beyond what most teachers do to maximize income. Teachers are underpaid. My wife taught for 18 years and the most she ever made was $26000 (when she was single in Alabama), but she would never have traded the experience and sense of accomplishment she had as teaching in a low income school district and helping kids envision a better future.
I think you are on the right track about his willingness, or lack thereof to relocate. Knowing him, he is quite passive and possibly only limiting himself to local options. He has interned and maintained good grades. Despite his lack of ambition and possible reluctance to relocate, I am still surprised that he is having such a hard time finding something local as if there are no jobs in NY in Chem Eng field at all. Any advise I can pass on to my passive friend other than relocating?
Childcare requires a great deal of attention. That is why most mothers quit the workforce temporarily for the sake of taking care of their loved young ones. This notwithstanding, it is still possible for such mothers to make extra income. This scheme allows them to do just that. It is non-invasive and hence less likely to interfere with the sacred task of childbearing.
[…] FICA stands for Federal Insurance Contributions Act and consists of a Social Security tax and a Medicare tax. This tax is very important for everyone to understand because so often we only think about federal tax rates and state income tax rates. The FICA tax is a big percentage of your total tax bill, especially for those making under six figures a year. […]

As someone that works offshore. Yes all of those things are free but with Ebay and Amazon a click away it’s easy to spend money. Having the discipline to save when you’re not working is harder than you think. I find it easier to travel(this is me), stay out late, and justify more expensive hobbies which all of these can drain the money you’ve saved while working. .
An aspect I enjoy from the job is when the team you’re working on all comes together to present a final story. Each person (geologists, other engineers, economics) has their part and supports each other. Being a global industry, I’ve also enjoyed meeting people from all parts of the world. I’ve been able to travel about 8 times internationally..another perk (depending on the person) I did not really touch on.
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I earned a Bachelor’s in Mechanical Engineering Degree and a Masters in Management. The University I attended didn’t offer petroleum engineering but I do have several friends that were ChemE’s, as we used to call them. I agree that my ChemE friends who went into the oil industry definitely started out with highers salaries. But from my perspective these guys are working significantly more than the standard 40 hours a week contrary to what the article proposed.
Measuring people by their GPA and academics is totally wrong, some young people have more wisdom than any college graduate and a better work ethic too. Also, people’s life histories count as well, I’ve met people who had shitty grades when young then became doctors at age 40 or a hair dresser who became a marine biologist at 35. You guys are really boxing people in. In the UK tradesmen are bringing in more money than most college graduates, so GPA’s really don’t do much and are a waste of time in many regards. 90% of all jobs out there require an average IQ, so it’s down to other factors that get you in a job. You can transform your life in a decade from one of mediocrity to one of massive success, if that’s what you want. Also, doing the education route and top job is miserable if you hate what you do, all the money in the world won’t stop you hating yourself after a while.

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 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.
While there are lots of ways to boost your ranking in search, we get the best ROI from optimizing content for popular keywords, especially headlines. We spend a lot of time perfecting headlines both for The Write Life and for our client blogs, researching keywords using Google Adword’s keyword planner and Google Trends. (If you want to learn more about our SEO strategy for The Write Life, this post explains it in more detail. I also offer a free webinar called Easy SEO Tips for Bloggers.)
Several years ago when I started out try to make money online I chose a weight-loss product, built a pretty crappy site with WordPress, fashioned a ‘giveaway’ and an email series and linked it up to Aweber. I wrote several articles and submitted them to various directories then one day I was signing in to my AOL account when I saw an article on the Huffington Post about dieting. I wrote a comment along with a link to my website and pretty much forgot about it. The following day I was absolutely astounded to see that I had got 300 people signing up on my list. Over the week about 15% unsubscribed-probably as my email series was bobbins but by the last email contained a link to the product of which 17 people bought. As the commission was £42 (about $63 in those days) I made £714/$1071 with a crappy site, a crappy email series and a crappy comment. I (stupidly) have never done anything with it since-can you believe that? Anyway that site is still there and continues to make the occasional sale.

I see myself at my current firm long-term, at least until I reach financial independence. I’ve been trying to take your advice and start a website to generate passive income, but I struggle with it because the status quo is so good. It’s so easy to take the short view and earn an extra $3000 by hammering out another patent application rather than looking at the big picture and working toward passive income. I struggle with not seeing quick results. Any advice for conquering this mindset?
Electrical engineers can crush it out of the park. Think startups and stock options. There’s not too many startups in oil industry, and I’m guessing only high level employees get stock. In electrical engineering, low level employees get stock. For me personally, despite earning a very high salary, it’s nowhere near what I made from stock… salary is almost negligible.
In the United States, the highest earning occupational group is referred to as white collar professionals. Individuals in this occupational classification tend to report the highest job satisfaction and highest incomes. Defining income based on title of a profession can be misleading, given that a professional title may indicate the type of education received, but does not always correlate with the actual day to day income-generating endeavors that are pursued.
However this would only cover a small percentage of my E-mail marketing campaign, I would also market my most “popular” posts within the newsletter and have links within those reviews that point to the product review page. It would be a good way to interact with my visitors as well and like you say, answer any questions they may have (My affiliate covers this pretty well though). I will also add that my affiliate has a lifetime cookie and regularly sends out E-mails to repeat customers however I may lose the “last referrer” sale if they visit a competitor when making the purchase.

I thought that 43,000 was a lot for me back in the 1980s/1990s. I managed to pay for house, utilities and go on vacation. Now, I find that I am working three part time jobs, do manage to pay rent, car payment, insurance and get food and still have to scrounge to pay two other bills!!! I will be working through retirement, which doesn’t bother me, since I am healthy. But I would like to have something to hold on to without putting it all towards bills!


I am currently 24 and have above a 100k salary, but fall within the category of a financier. I work at a company that invests debt and equity into medium sized businesses. I also invest in equities on the side while managing my blog. I think I followed the post well, other than the fact that I didn’t go into engineering. I had to work very hard, get very good grades and develop my analysis skills to get where I am today. I love reading sites like this to continue to learn ways to boost my income and to hear from other like-minded individuals!
Upper middle class[1] (15%) Highly-educated (often with graduate degrees), most commonly salaried, professionals and middle management with large work autonomy. Upper middle class[1] (15%) Highly-educated (often with graduate degrees) professionals & managers with household incomes varying from the high 5-figure range to commonly above $100,000. The rich (5%) Households with net worth of $1 million or more; largely in the form of home equity. Generally have college degrees.
As you progress your mid-career 6-figure/+ salary, and full 401K contributions over the years, along other bonuses/stocks/investments you may have made/saved., you are on your path to that million and/or FI.. As you reach into late 30s, early 40s, see the financial picture: your 401K+investments growing about 7% average — on a typical 800K investments — that amount to $56K/year, your salary (don’t forget savings!), plus say 25K/year growth on your home-equity (in good town/school-district)., you will be closing “double” the six-figure income. Keep the progress going, cruise-control, and enjoy the ride along the way — you be on your way to FI soon. Do learn Golf, you know how to hob-nob with big boys (or girls)
The only thing I will counter with is that there must be at least some interest in the field or grades and job performance will suffer. For my kids, who will be in college after we’ve all been hooked to the Matrix (unless we already have?) in 20 years, I’m going to highly recommend double majoring: one passion major and one practical. Double majors really are a great value and not always that time consuming if you’ve already eliminated pre reqs with APs.
By another measure - the number of square feet per person in the home - the average home in the United States has more than 700 square feet per person, 50% - 100% more than in other high-income countries (though this indicator may be regarded as an accident of geography, climate and social preference, both within the USA and beyond it) but this metric indicates even those in the lowest income percentiles enjoy more living space than the middle classes in most European nations. Similarly ownership levels of 'gadgets' and access to amenities are exceptionally high compared to many other countries.[16][17]

Thanks for stopping by! Blogging is a great way to make an income. What you are reading is a blog and it can be filled with words or videos to help your audience. You create content to attract a loyal readership and then you can monetize your blog by promoting products to your audience. Check out my free email course! https://twinsmommy.com/start-grow-earn-free-course/


SEO – I have a full guide on Youtube SEO. You’ll basically want to research a video keyword in YouTube’s Autocomplete dropdown, then craft your video title/description to include your keyword. Write a long description and embed it on your blog to get more views. Create a nice custom thumbnail and make your videos long and thorough, just like your blog posts should be.
This is an awesome post, dealing with some very tricky details in affiliate marketing. It is quite hard for a person who is not well versed in the arts of affiliate marketing to distinguish what is essential in one program and what should be avoided. This is why your post is incredibly useful for anyone who is considering training for work online and programs like 7 Figure Franchise by Michael Cheney.
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