Financial

The cost of living

US Federal Minimum Wage
2009 $7.25
2020 $7.25

In the US, federal mininum wage has been $7.25 from July 24, 2009 to the beginning of 2020.

If the average wage across the US were $12 x 8 hours = $96 x 22 days per month = $2112.

Subtact 15% taxes ($316.80) = $1795.20

Low Avg
Rent ~$500+ ~$800+
Utilities ~$100+ ~$100++
Insurance ~$100+ ~$130++
Phone ~$60 ~$60+
Fuel ~$200+ ~$250++
Vehicle Repairs ~$100+ ~$200
Extra ~$100+ ~$200+
Total $1160 $1740

A common wage for many employees is around $9 per hour = $1346.40 per month (after taxes).

What can $10,000 do?

$10,000 x 365 days = $3,650,000 x 100 years = $365,000,000 (365 million).

There are many billionaires and governments are beyond the realm of money.

$10,000 in one day could purchase:
- ($2500) a used vehicle
- ($500) fuel anywhere
- ($140) a nice hotel
- ($500) a beautiful guitar
- ($100) a lot of alcohol
- ($300) plenty of drugs
- ($100) excellent food
- ($200) an animal
- ($900) a plane ticket to almost anywhere
= $5240 of 10,000

- ($200) a weapon
- ($200) a new outfit
- ($100) something random
- ($2000) some land
- ($1000) something ridiculous
- ($400) another nice instrument
- ($30) flowers for someone
- ($730) random
= $10,000 of 10,000

Money Making Methods

adsense/advertising
affiliate programs
draw comic books
drop shipping
wholesaling
invent
invest in stocks
create youtube videos
fivver
indiegogo, gofundme, kickstarter
short films
animated short films
freelance
contests (youtube, 99designs, etc)
write a book
write ebooks
web design for others
videography for others
theme development
t-shirt designs
create our own clothes
create art projects and picture/sell
create/fix furniture
busk
buy and sell items (clothes, etc)
online video game
work a job
panhandle
carve wood, horns, etc
carve or construct guitar/instrument bodies +
youtube videos
mow lawns, rake leaves, shovel snow
sell music through itunes, cd's, venues, etc
sell art prints/paintings etc
site flipping
metal detector
gambling
auctions
sell back-inventory at the flea market 2-4 times per year
surveys
knit/crochet animals and other things, full of cotton


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