I went to crunching numbers to see what exactly I am up against.
In order to reach my goal of $100,000 by 2015, even with what I already have saved I will have to make $4,700 every month starting now. Never have I seen that kind of income. That’s about how much I have made in one summer, and about what I’ll have saved after the entire year (after expenses, taxes, etc).
My current monthly expenses are (approx.):
Car Insurance: $35
So assuming that my living expenses stay the same I will need to earn about $5,240 every month!
Currently I have barely 1% of my goal.