If you’re an indie author, then you know the fascination with earning 10K a month. It’s something a lot of authors aspire to because it resonates with success in their eyes.
But to me thats a really big goal to aim for, right off the bat.
Not many lawyers, doctors, or people in those sorts of professions make 10k a month. When you add up the years of studying, working underpaid, and the like, its just mind boggling. They have put in the time. They have earned their paycheque.
To think that any author should do that in in a year or less is insulting.
Respect the arts, respect the profession.
Don’t think I’m standing on my high horse looking down on everyone else, I used to think the same. I think it stems from keeping up with the Jones’s. You see one author making bank, so you question why ain’t you to.
You see one author hitting the top 100, and you read the book they’ve wrote and your not impressed. But things sale for a reason, whatever that reason may be.
Every time the above thought creeps into my head, I have to remind myself of that.
When it comes down to it, how much do you really need to be happy?
I’ve come up with a figure, and its 50-70K a year after taxes.
There was a study that was done, that all human needs can be met after earning 70K. If you earn anymore, than you won’t notice a huge level of happiness. The baseline as it were, was 70k.
So that for me is my goal.
That for me would be life changing money. When I left school, I never thought I would see that sort of yearly paycheque, and for me to get it by doing something I love; I would bite your arm off and chew it raw.
70K a year is just over 5K and change a month. (That is without taking away taxes) I could live quite easily on that type of money, I could travel, I could have a comfortable life, I could go to the gym when I wanted. I could live a life of peace.
I could see the world.
Awww, just thinking about it now makes me smile.
When authors talk about making 10K a month, to make them happy, it’s not the money they need to worry about, its all the bills that they have to pay.
Down size and simplify your life.
The more things you own the more things own you.
Experiences over possessions any day of the week.
Until next time