Debt Free or Bust

New Earnings Goals

I’m joining Amy Bass’s $10/day and increasing by $10/day each month earnings model starting after I make my first $10 on the 30DC. This means earning $300 in month one, $600 in month two, $900 in month three, etc. It’s a step-wise linear growth curve.

The earnings goals I posted a few weeks ago are not realistic given my current internet marketing skill level. I also can’t meet those weekly goals every week, even with my three off-line jobs. As I’ve said before, I only have so much time to work, and three jobs (one full-time, 2 part-time) are the maximum I can handle, and still have some time to do some online earning.

Here are some more realistic goals based on starting out earning a minimum of just $10 in August on the thirty day challenge:

Given my amount of debt, I won’t have it paid off in two years with this rate of earning, but if it continues for another year with a linear model, I’ll have earned $203,110. That amount should pretty well knock out most of my debt.

This value is also just based on earnings and not based on the debt snowball that will apply more and more money to each debt as another debt is paid off.

With the two working together, I may be able to set a debt-free goal date of September 15, 2010. But I’m still going to give myself until mid-September 2007 to decide on the actual date for my debt-free goal.

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August 11th, 2007 Posted by joubess | Goals | 2 comments