100k Per Year Club

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Mon Jan 30, 2023 11:26 am

bigbum;3311801 wrote:Well here it is ladies.
the 100k club.

ONE HUNDRED THOUSAND DOLLARS.

who says money can't buy you happiness?

set your goal for the year . maybe its over or under 100k. let's do this!


starting JAN 1st . to Jan 1st.


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Mon Jan 30, 2023 11:28 am

bigbum;3311803 wrote:This year I will be focusing on
Camming
Content
Trading stocks
and my online boutique

I will be looking to pass the 100k mark.

I will be doing a lot of traveling and enjoying of life. but I would love to complete 100k.

ill be breaking this into monthly goals so I can track things easier and updating monthly along the way.
Cutie101;3311808 wrote:Ohhh! I am fucking in!
I need to come up with a plan and a monthly goal. At a brief calculation, to get exactly 100k per year, it means I have to make $8333/month. Not impossible. But I need to plan the $$ I want on each platform, based on the average I make, because some platforms bring me more, some bring less. Oh well... YES. I want it!

This would pay:
- what's left of my current apartament mortgage: $40.000
- Saving for down payment of a 3 bedroom apartament and keep the curent 1 bedroom apartament as a work place (instead of renting a separate one) + renovation of the new apartament ($40.000+ $20.000).
- Renovate a little of the current 1bd apartament, if I end up buying a bigger one, to be suitable as a work space: $10.000.
This might need a little over $100k, but I am happy if I end up, at least, paying all the mortgage and end up saving the down payment for the big one. At least this much. I can renovate it step by step, after that.

Anyway, I better make a solid plan, because I can't achieve any of this if I don't make the money and put the work in.

If I wanna achieve all of my dreams, I'd probably need a $200k year (Mortgage $40k, new apt and renovation $60k, pay my new car leasing $36k, renovate the 1bd apt for camming $10k). Which is doable, many models do $20k a month, but... idk why I feel intimdated. Maybe because I have no plan on how to do it, I don't know how to do it. But... I am overthinking too much right now.

$100k for now!
kortneykay;3311816 wrote:Ayeeeee!
$100k Jan 1, 2023- Jan 1st, 2024.
I want to hit $120k so using $100k as my minimum.

Focused on live cam, phone sex, sexting, independent work, consulting and course sales, real estate earnings, side hustles.
Monthly Goal Minimum: $350 pd, 6x pw. $2100 pw.
laurielegs;3311868 wrote:I'm in! Have never broken that 100k ceiling as of yet but I would love for this to be the year.

I have a better chance this year because I've got migraines under control and have started ADHD treatment which is working really well for me so far. I also want to finish my classes and get a remote tech job (ideally part time) so I'll be including that in my total should I pull that off.

Just throwing some figures out there to myself to make it seem more reachable - if I work 5 days a week that's a goal to reach of 400 a day for 5 days, or if divided into 7 days a week (hopefully enough passive income so I still get days off) that goal would be $274 a day.
SuperPookie;3311850 wrote:I'm going to try for 85k in 2023. I think it is doable as this year was my highest earning year ever even taking off almost 2 months completely and next year I will have some additional sites and better internet.
ETA how happy it makes me to be able to post this as even a possibility more less a goal. I'd worked insane hours at miserable jobs when I did vanilla work and barely hit 30k at my highest.
minniesoporno;3311878 wrote:First for me is get to $10,000 USD as fast as possible.

Every year I set a $100,000 goal and most of the time I do not accomplish it.

Getting to $10,000 FAST is more my speed.
Dollybird;3311883 wrote:Fuck it, I'm in. If I'm staying in the UK (been offered a vanilla job elsewhere - 50/50 if I'll take it) but if not, I'm down for this.

I'll be focusing on splitting a few sites, making content, phone sex, texting and my image. I have a ton of stuff to do in Jan because I'm back after a looong hiatus so need new profiles etc, but I'm ready to put in the work even if January is a slow one and I kill it for the rest of the year. All profits will be going into a few select cryptos ready for financial freedom in the next bull run. That's my plan anyway!
ggminx;3311901 wrote:love this thread! highest year for me was 2020 when my partner and I were living in Netherland, but it was also our highest expense year!!!!

I was 13k away from breaking the 100k barrier.

first quarter this year was super low income because we were caring for my MIL after she had surgery. I was able to make it up most of the year, but just a little shy of 80k after taking lots of extra time off when I made the decision to go direct back to SM and nothing happened for 3 weeks and ended up reactivating my account with BM so I could get back to work.

i made a plan to do 6 days per week, 48 weeks per year and have 1 week off per quarter for the years going forward. I've already been practicing the 6 days/week for a few months and that muscle is strong now!

since I'm with BM, we get that 2nd lowest day bonus so it'll be like working 7 days. my goal is to hit 285/day (about 96k at year end), log off, then work on the content side of the business (something I've been putting off for years!). I should defo be able to make at least 4k in content for the year, but hoping for a LOT more than that with the strategy/schedule/duties my partner and I put together for the passive income plan
xxxluv;3311903 wrote:It’s been a while since I been around and perfect time to jump back in. My whole goal while being in this industry is to hit the 6 figure mark for a year.
Because I choose to work more part time hours travel a lot and just be able to enjoy the money I make.
I will do a a minimum 85k with high goal 101k. As I really do want to say I made over 100k in 2023.
I would love a quarter or more of my earnings to be from passive sales, so content sales for Adult work and my print as ordered items from Etsy store ( those orders are handled by manufacturer Directly).
~Carmen~;3311911 wrote:Love this thread! I'm not going for 100K but I think 80 is doable.

I'm trying to get into video making more. That will be at least a little income stream after my knee surgery. I think I will be able to cam somewhat also. Tits and upshot angles would work.
sarabimaraj;3311966 wrote:I'm in! I know I can hit 100K in 2023. I'm going to focus more on content and promote more.
Coolbeans;3311969 wrote:This past week I’ve been really thinking and going over my numbers this past year. Honestly with my rate average and literally just broadcasting more hours I could make 100k in a year. I know I can. (I left camming and was dancing and doing vanilla jobs after I left but returned this time 2021) the numbers are tough and some would say “watch out for burnout” but I think burnout is individually calculated. For 5 years I worked in a factory 5am to 6pm had to leave pick my kids up, feed them get ready for bed, wake up at 3:30am along with 2 little kids to drop them with a sitter and do it again for 6 days a week! How the hell I did that? No idea but thinking about the fact that my kids are teens now and we got through that…getting up and pushing through, pressing start, putting in the hours, in my own home, pick my days off, pick the hours I work! That’s doable :) I watched my grandma thrive off 4hrs of sleep because the women just never wanted to sleep, she worked and gave me everything I wanted. That’s what she wanted to do! Anyway, I guess I’m just trying to say I’m gonna push myself this year! But also take care of myself, take a day for me each week, make sure I’m eating 80% healthy lol. Keep my HIIT routine for a quick burst of energy maybe even twice a day.I’ll plan out 4weeks total for off weeks to really relax and catch-up on things through your the year. I saw someone mention “planning” yes I think that is majority the issue with me also. I need to write this out, days off, weeks off, goals to be completed etc.

Like a business plan but not just a business plan. A life plan :) I wish everyone a happy new year! And I’m positive we will all accomplish our goals. There is enough money out there for everyone without taking from anyone else!! Let’s gooo
kortneykay;3311977 wrote:Good luck today ladies, and have an awesome New Year! Ill be logging in today to make my first $350-400 for the challenge (one of many). Let's get this $100k!

I've gone to fiver to start brainstorming leads to get me to a more profitable year. They have courses on everything. Brand development, funnel creation, social media brand strategies- the works. I noticed my site was getting visitors but I'd like more sales straight from the site to include everything I need like lives, customs, audio, vids and content so I bought a WP theme to add that will make my dodgy looking site more optimized for sales.
bigbum;3311982 wrote:you can totally do that 40k this year!
have you calculated your living costs for the year? and then subtract that from 100k ?
so you can see how much you would have left ect?
i advise making a budget. if you have a mac there is a really good budget program
Dollybird;3311989 wrote:There's so much I'm going to try and do to increase my earnings to reach this goal. Things that I haven't done previously but I am hoping that all these things will make a positive difference.

1.) - Split-camming. I have never tried this, but I am going to start. Getting super fast fibre broadband in the next few days which will enable me to do this. I'm thinking of adding 2 sites to begin with then increasing with time.

2.) Camming for longer. 12 hours a day split shifts (Monday-Friday) then a few hours at the weekend. I'm not sure how effective this is going to be, but in between slow shifts I will be making content. If I feel it's more productive to cam less and up the content then this is what I'll be doing. Just experimenting with it for now.

3.) Hitting the gym. I'm making the time to hit the gym and get a P.T. Image, health and fitness are going to play a big part in things for me next year.

4.) Making a ton of content. I will pushing this through NiteFlirt primarily and the other websites. I don't really like making video content, but will be focusing on MP3's.

5.) Getting social. I currently have no socials whatsoever. I don't promote myself anywhere. I think this could be the difference between hitting those big numbers and not.

6.) Signing up to more sites and being more visible. Understanding each site well, and how to utilise each site to hit my full potential.


I am hoping that with all that, I can hit at least $40-$50 an hour and make my goal.



The biggest takeaway I got from your post bigbum was the fact that you spent a lot of time and effort on your image. This is something I've somewhat neglected. I am primarily a domme but I think looking super hot will definitely spike up my earnings. I think updating your image from time to time helps a ton too - new outfits every month, new look, new pictures etc. Men are very visual creatures. I've decided to join a gym next week and will split up my shifts. (9am - 3pm (cam) (3:30 - 5.00pm gym) and 8pm - 2am (cam). If it gets a bit slow in between shows etc, that's when I will start scripting content for my niche.

I will
Yellow Amb;3312012 wrote:I’m in!!
I set my new year goal 500,000.
Recent work in a gentleman club my daily min is 300. Plus I have a real estate renting income is about 36,000 per year. So I probably need daily gross min 1300 to reach the goal. I probably gonna work smarter in club to level up my daily to 600 (1 room+ 1 champion + several lap dance per night).
I want get at least 40,000 before April so I pay back my bank loan and expand my real estate business. Optimistically by the mid term of this year settle the second property done so I have about 300 more everyday passive income. By end of the year I want to have 3 properties for renting.
bigbum;3312080 wrote:girlie youve got this. if you even do half of the things on this list i am sure you will rock this year.
even little things can help so much to make you feel great.
xxxluv;3312206 wrote:So far I’m 34% to my weeks goal. If it wasn’t for this 100k club, I wouldn’t have worked. Planned on taking the 1st and 2nd off but money was out there.
I did more planning to achieve my minimum of 85k.
First I’m allowing myself only 64 full days off. Going to hold myself accountable for each full day I take off.
My weekly minimum goal is a little under 2k.
I’m on so many sites and I push guys for Indy whenever I can.
I plan to really focus on 3 sites, promoting, updating being active often.
I will continue to work other sites just won’t be promoting them.
Make it easier for guys to spend on one of the 3 Im promoting.

I’m attending AVN this week and normally would just focus on that but in my downtime I’m try to take some phone/cam sessions.
bigbum;3312218 wrote:I will be updating every $10,000 to keep myself accountable.
Winged Dinghy;3312220 wrote:What's the budget program you recommend?
bigbum;3312280 wrote:if you have a Mac I use "simple budget" in numbers and I make sure it is shared on the cloud to my iPhone and iPad to track my daily spending and keep it in sync without having to buy an app or program so it is free.

its not the most advanced way, but I works for me.
Dollybird;3312320 wrote:8 hours cam today and a couple of really cool phone calls and I'm done in. Made approx $610 so I'll take that. Had a bit of a crap start to the week, but making up for it now.
ggminx;3312645 wrote:I'm amending my goals after my 1 week holiday this past week! 4 weeks throughout the year, 1 week per quarter, is not enough for me! lol I want more work life balance and some built in time to backpack different places or just have extra time off cam to concentrate on growing the passive income. I want 10 weeks off cam a year! lol!

I'm going to do 42 weeks this year at 300/day, 6 days/week, with BM 2nd lowest day bonus, that's 2,100/wk, 88k for the year. after earning this from cam during morning shift, will be doing passive income stuff in the afternoon and hopefully get to the 6 figure mark with those efforts (12k for the year I think is doable) and keep growing the passive until I no longer need to live stream for any of my income.

ETA: with this plan, still able to hit all goals if nothing comes of the passive income, upgrade some stuff I've had on the digital nomad wish list for a while, have more holidays/experiences in the countries visiting, have time to work exclusively on passive income (less time on cam is always a bonus!), and put a good chunk into savings. most excited about crossing off the wish list items as purchased :)
LoveDove;3312883 wrote:Thank you for this thread! I know 100k is something that's possible for me and I love having the online motivation from you all. <3
I've neglected making new content lately and this goal would be great incentive to pick that back up.


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Mon Jan 30, 2023 11:34 am

SapphireXO;3313034 wrote:Joining this accountability club! Absolutely! I love being surrounded by like minded models in this industry. Is there a live version of this group by chance (Telegram/Discord etc.) ??

After going full time hours (not full time streaming hours) 2 years ago, I've made well over $100K/year.

This year, I've become strategic and aggressive with my cam business methodologies. Looking to finally break into the next tier of online SW to rise from the top 8% to the top 6.6% grossing over $250K/year. My 3-5 year goal is $300K/year.

One thing that has helped me tremendously that I'd like to share is the idea of "Mind Storming." Write down 20 things that will bring you closer to your goal. Once those 20 things are written down, choose 1 thing to start working on immediately.
Dollybird;3313369 wrote:Would love to know how you split your time @SapphireXO. I'm making steady income this month - averaging about 1500/1600K per week now which is great for me, but I'm spending too much time on cam and not enough on other things that are likely to generate better income streams, or benefit me.
SapphireXO;3313452 wrote:I film 1-7 clips a day. I edit 1-3 clips a day while I am live. I never and I mean NEVER watch TV, listen to audible, surf social media, shop etc. while I have down time online. I work 7-9 hours a day 5 days a week. I release a clip every single day on PPV clip sites and tube sites. I have 19+ streams of cam income. Multiple streams of income have 1-3+ revenue splits (passive, live, referral.) Previously I only streamed 2-3 hours of my work day. The rest was project work. Now I'm trying to do 75% live work and less than 25% project work.
Jolie Smith;3313461 wrote:Wow Sapphire that’s impressive! That’s a lot of work to do and really great time management.
WonderWoman0642;3313465 wrote:This was a post I needed, thank you! I didn't even have a TV until 2 years ago. Everyone thought I was so weird for not having one, but I was WAY more productive without it. TV and social media have been my biggest distraction. Do you use social media for work? I use twitter to post previews.
xxxluv;3313470 wrote:Mind Storming I like that!!! and I would be down for a live group version Im on both.
Dollybird;3313487 wrote:Thanks for sharing!! I frickin' love hearing how you ladies are smashing your goals.

Personally for me starting this goal of 100K, I'm battling with a few things and would love some help/advice. I have started being super consistent with camming and the hours that I'm on. Everyday, I treat this like a business. 7-12 hours is becoming the norm. What's also becoming the norm are $400-$600 days. This is great because it I continued on this path, I would probably hit the 100K mark. The problem is, I am getting burnt out with spending so much of my time and energy on cam and phone and have very little time for anything else. My hustle is probably off because I'm not feeling confident in my body as I haven't yet been to the gym because I feel guilty for taking time out for myself during the day when I haven't hit those goals. My prices are not very high for some things. I am scared I'm not going to hit my goals so I don't pitch my shows so high in case it backfires.

I know that content is where the money is and would love to make some clips. I have started to write up scripts for my audio porn during being online and try to record them with any free time I have. I have only managed to sell a couple of those audio files for one of my characters on NF. I am thinking that clips work better than audio files?! I am scared of taking time off to make clips and then lose out if they don't sell. I know if I work on my physical health this year, I can market myself better and up my prices so I'm smashing those goals in the 5-6 hour window I have. It's a mental struggle and need to find a workaround. I have been told by members that being on socials would really help me with my brand, and having sample clips for one my listings would also help. There is so much to do and I feel so overwhelmed at times.

I'm thinking of taking one day out a week to film a bunch of clips, rather than several days.

And @SapphireXO - you are soo right about the TV, audible and SM stuff. Holy cow - I feel so dirty watching TV now. Such a waste of precious time and just a distraction from making that delicious $$ haha.


I have noticed that adding more sites (well, one other phone site) has helped and believe slowly adding more is helping too.




I know that clips are where the money is. I have started to make some audio clips for one of my characters on NF. I write my scripts during being on cam and the record them when I have time. I cam way
Dollybird;3313488 wrote:Also, as a side note, I am taking the time to really understand each and every site to get the very most out of it. I have learnt SO much from one of my sites already and that's really helped me double my income.
SapphireXO;3313503 wrote:Social media for cam work has a very poor conversion rate. Before 2021, I had an inactive Twitter. Now I post on Twitter consistently for over a year, my follower count is still ultra low. After talking to models with 10s of thousands of followers and then randomly stumbling upon top clip models who only use their Twitter for auto posts of sales. Now I totally get it. It's a waste of time. I am using Reddit but besides the specific niche seller subreddits, Reddit is a waste of time too. I don't need clout with karma and basically a free fan club with loads of free content hanging around Reddit. I posted very aggressively on all sorts of subreddits that applied to my model categories for over a quarter of 2021 - all freeloaders. I do use RedGifs to promote my clips but it's hard to say what the conversion is since clip buyers are very much anonymous.
SapphireXO;3313505 wrote:Just in my experience, audios are a complete waste of time unless they are a list of the top 20 responses to use for audio messages on sites like LoyalFans and SextPanther to send to get more money vs a text response. If you are are hung up on making audio only listings, just detach the audio from niche video clips. 2 tasks with one action. Then just market them differently.

There is a ton to do and I have a full time assistant too. Both of us working full time still have lagging to-do lists. One thing that has helped me was making a sticky note on my desktop that is editable with a title "PENDING PROJECTS TO DO OFFLINE." There you'll just keep listing your ideas of things you want to do but can't manage to fit in your current schedule. Over time, you'll have a long list that you can come back to when you are ready. I find myself doing that work when 1) I despise putting make up on 2) Don't want to perform 3) Get sick and lose my voice or can't stop coughing 4) If I get my period and don't want to wear a tampon or sponge etc, I'll just do non-live work like my project list.

HOWEVER - Of course you can be busy infinitely doing honestly - nothing. Organizational and creative aspects to this industry NEVER beat out pushing content and being available. Like seriously, I dedicated 60 hours a month for 4 months on Reddit subreddits. Perfect example of wasting 240 hours of project time that didn't net me any noticeable money. Even on verified niche subreddits. Total. Waste. Of. Time. And. Energy.

I'd just recommend looking at your project list and prioritizing tasks that will make you more money. Then consistently re-evaluating your ROI (return on investment.)
ggminx;3313591 wrote:totally in agreement with the opinions on any type of social media. I tried various social media platforms over the first few years of my camming career even though i hate social media. i had a tough go of it as well making any discernable income (especially since I detest any form of social media from the get-go). Even when friends in the adult industry offered to build it up for free, it didn't really do anything, a service that small businesses normally pay for if they don't hire someone to handle it for them as part of their marketing job. i had thousands of followers and pretty great interaction, but i would say it was not even worth the effort when i didn't do it myself and got a paid service to do it for free for the better part of a year.

I used to have a full time assistant in the Philippines when I was doing my online vanilla business before transitioning into camming as I was making a lot more camming than my previous online business, even with the full time assistant on board. I did not keep the assistant on for my camming as I used him for lots of technical stuff and he'd be better of using his skills for another person looking to hire him remotely. and I really don't want a 3rd unknown person working on it half way around the world when porn is supposed to be illegal in the Philippines anyway

as it's a mountain too huge for me to climb by myself, i'm going to take my partner on in this endeavor, splitting the work on the offline adult income. in addition to his other online vanilla income and my live streaming, we're going to learn how to edit these shows I have automatically recorded on SM (I have over a year's worth already) and see how many different ways we can edit them and put them together to create sellable and marketing content (video and audio only) before we need to write, record, edit, and upload our own audios (my voice and/or his voice).

when we do this in the afternoons, we're going to have editing the auto-record live show content days, uploading and marketing days, and when we run out of auto-recorded stuff from SM, we will have creative writing days, recording and editing days, and uploading and marketing days. we want to do 5 days per week on that in the afternoon, after I've made my live stream goal. the more income that is received on the offline income, the less I'll stream until all of it is offline income! I also have some vanilla online income i'll be doing with the skills gained from the audio and video editing.

at the moment too tired after making goal and just veg out with netflix and a spliff after work since it's been raining and winter. defo going to start next week though. going on walks, exploring new cities are the best motivation when discipline is lacking...rain rain go away! I want to go sightseeing rain free! that'll help me get the grit when feeling lazy
Erika_Xstacy;3313648 wrote:2022 I did over 100k.
Live cam, affiliate marketing and I upload all my recorded cam shows to onlyfans
I rely on the social media fan base to get me seen since I ve been shadowbanned forever ago.
2022 was to dive deeper into the aff side and continue to make those earnings rise. Im learning strategies as I go.

2023 I would like to start uploading clips again regular. I do need a upload site that will publish all content at once. That shit is so time consuming.
clips annoy me bc of the uploading process. I have the clips but not the patience

my heart is in live performing


eta fanscity.com that is the upload website. i found it last night
bigbum;3313840 wrote:wow congrats Erika! its even more amazing that you accomplish all of this while having such a challenging year In your personal life (as you've mentioned in other threads) you are such a strong amazing person and inspiration.
this year is going to be your year! rooting for you as always
bigbum;3313841 wrote:ladies part of earning 100k or near that come with a lot of taxes. lol.
I rebumped the personal finance section.
I would love to discuss more about earnings Vs. tax amounts and what amount is the "sweet spot" to balance the 2
and which unique tax deductions we can come up with!!!
the more we keep from taxes .. the more we earn!
thatgingercamgirl;3313888 wrote:I know that getting an assistant would be such a huge help for my business - do you have any tips on finding a good assistant?
anonymous camgirl;3313958 wrote:Speaking of taxes,
In order to pay less start another business or invest in real estate to offset the money you earn from camming and you will pay less.. even if your other business is not profitable, more like a hobby that is nothing but losses you can keep doing that for i think it's 3 years IN USA before the jig is up and you have to start earning a profit or they declare it a hobby. You can jump ship and start another hobby/business to create a loss.
redvelvette;3313969 wrote:I'm late to this party but I'm in. I already make good money camming but I'd love to double my income with clips and fan sites. Camming is pretty draining in every way, physically, emotionally, etc. My goal is to earn enough off-cam so that when I am live I can cherry pick my best customers who don't drain my battery instead of taking every show.

I still have to finish reading this thread but I've seen a lot of great input already. I'm excited about this. I'll update monthly.

I'd like to learn more about affiliate marketing. I'll have to search for some threads about it.
Erika_Xstacy;3314135 wrote:I am not even going to lie, I was shocked. I wanted to cry I was so happy but then the taxes.. i have a ton of write offs and one is claiming my mom as dependant.
June of 2022 making it to 100k did not look promising.
bigbum;3314252 wrote:omg same! I feel so stressed with the taxes right now ! I am considering adjusting my goal for this year. I don't even know if it is going to be worth it for 100k based on the taxes.
either way I am so proud of you! you are such a strong lady!
SashaMalone;3314327 wrote:Almost 100k my 1st year. 91k. Next year will be over 100 for sure. Wheeew
anonamiss;3314469 wrote:[/b]

this type of comment is common when talking about higher earnings, but it's usually rooted in some misunderstandings. you guys do realize you are only paying into a higher tax bracket after a certain level of income, right? for a single filer, your taxes only increase by 2% (24% total) after you exceed $89k. (https://www.nerdwallet.com/article/taxe ... x-brackets) anything you make between 42k and 89k is taxed at 22%, then 89k to 170k is 24%. the slightly higher tax bracket should never be a deterrent for you earning more. at the end of the day, the more you earn the more you are still going to end up pocketing compared to a lower income, no matter what the tax situation is.

if you haven't gotten in the habit yet, as soon as you receive any paycheck, take out 30% (could be a bit more or less depending on your situation/state/etc, but this is a good ballpark) and put it into a separate high yield savings account that you don't touch. since we're independent contractors we don't get taxes taken out of our paychecks like an employee would; so you have to think of your earnings as net (~70% after tax) vs gross (100%). then you won't have any major tax bills/surprises at the end of the year, and you can earn a little interest on it in the meantime. (and if you end up doing a ton of write offs/deductions, then you can just pocket whatever's left in your "tax savings account." i oversaved by about $1900 last year and was pretty stoked to transfer that to my regular savings account after i finished my taxes.)

edit: actually the numbers i listed were for 2022 tax brackets. 2023 is even better. your tax bracket goes from 22% to 24% after $95k. check out the nerdwallet link for more details and different filing statuses.
anonamiss;3314474 wrote:hitting the 100k mark doesn't considerably add to your taxes compared to the lower 40-95k bracket. see my other post above this one

edit: here's another good faq/resource. Will Moving Into a Higher Tax Bracket Give Me a Lower Net Income?

if 100,000 gross income is your goal, you really shouldn't have to be thinking about a "sweet spot." that "sweet spot" concept, in my opinion, only comes into play at a much higher AGI, where you may run into negative consequences past a certain earnings point (for example, if you want to contribute to a roth IRA, there is a limit of $157k AGI; if you want to get the qualified business income deduction, your AGI must be below $170k; etc). AGI is adjusted gross income which means after various deductions and adjustments. your AGI is what you pay taxes on and is not the same number as your top line gross income. if you make 100k *gross* this year, your AGI will almost certainly be lower than that, so there is a good chance you could fall below the 95k bracket at the end of the day.

i don't have any creative deductions because i am super lean/cautious with mine, but just wanted to remind all self employed folks to be sure you are getting the QBI deduction if you qualify (https://www.nerdwallet.com/article/taxe ... -deduction) as well as health insurance premium deductions if they apply to you

(i have used turbotax self employed for over a decade, would recommend but it also depends on how complicated your unique tax situation is. mine is pretty simple. about eight sources of 1099 income, not married, no dependents, etc.)
Erika_Xstacy;3314808 wrote:id like to know where all the money hoes are going? These threads keep me afloat, i don't post bc i dont share numbers lol bc Im afraid of jinxing myself. I was weary about posting my earnings here but it was for the year and it was a accomplishment

I want to report what i paid in taxes and what deductions I have and used.
I'm using quickbooks but its not correct, so far i owe 15k using QB but it can go higher when i add in other banks, i'm just learning how to use it.
im learning all the self help I can bc I get so tired of paying someone every year to do something I can do. I will use my accountant this year to make sure I didn't fuck anything up. He's done my taxes since 2002 ans the one time i did not use him my ass got audited.
MostVanillaEscortEver;3314821 wrote:I am far from the 100 k club.
I'm more like in a negative, over drawn club.
With that being said, I am trying to get work doing live/
in person role play. I'm totally new to BDSM scene and
have no idea how to start.
Reason I responded to this post is because
I also resell clothes, but have yet to profit
from that endeavor which is extremely common.
Does anyone know how to start a new topic or post?
I'm totally new to this site and hear it is shutting down in
a few days.
Any advice on how to get work as a submissive
would be appreciated.
I'm in my 40's.
anonymous camgirl;3314826 wrote:Aren't you paying quarterly taxes? There's a penalty if you owe more than $1000 in taxes for the year. I think it's still that amount


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EtherealMOD
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Mon Jan 30, 2023 11:38 am

anonamiss;3314835 wrote:yeah, good point. before the pandemic i was diligent about paying my quarterlies on time. but 2020-2022, i basically chose to eat the underpayment penalty at the end of the year because i felt safer having that tax money accessible for potential extreme emergencies. (i do have an emergency fund but i was "end of the world" level paranoid at certain points of the pandemic, plus i injured myself pretty bad earlier this year and it put me out of work for multiple months which depleted my savings. so i was just being extra cautious by hanging onto that tax money even though i knew it wasn't "mine" at the end of the day.)

anyway. i haven't done my taxes for 2022 yet, but for 2021 i didn't pay any quarterlies and the penalty was like 150 bucks on about 60k income. even after the penalties i still came out ahead and owed less than what i put aside for taxes (i saved 25% of every paycheck). the 20% QBI/pass through deduction really helped bring down what i owed.


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Mon Jan 30, 2023 10:48 pm

hey ladies! so excited that the 100k thread has been moved
I will be posting my updates every 10k
because we need 10 goals of 10k to reach 100!
doesn't it sound a bit more manageable that way?
I may try to stay a bit under 100k because of my tax situation and only being able to take the standard deduction this year. I will talk to my cpa after I file this year and make some adjustments after April.

also I have some BIG travel plans planned for this year.
but I want to get at close to 100k as possible !
I will also plan to introduce another income stream (day trading more regularly) as the year progresses. I was able to scrape a few thousand from that last year, but didn't give it as much attention as I would have liked.
so just to start the thread and hope that others will join me here .
I would love to save ateast $20,000 of whatever I earn to savings this year. no excuses.
I am posting in at January-- $7,151/$100,000


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Tue Jan 31, 2023 5:33 am

Good luck @bigbum I'm not sure if I'm ready to make the same 6 figure commitment yet but reading this thread as inspo and will update if I'm feeling brave in the next couple of months.


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Tue Jan 31, 2023 8:49 am

Alright I'm here now! I'm working actively on increasing my passive income to over $6000/mo. Already well over $3000/mo. Here is to 2023!!


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Tue Jan 31, 2023 11:46 pm

I'm also joining this thread. I'm trying to get my passive income up to at least 5000 per month.😊


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Wed Feb 01, 2023 7:38 am

love these passive income goals! so impressed with the well over 3k+/mo already @SapphireXO can't wait to join the club!


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Wed Feb 01, 2023 9:57 am

SapphireXO wrote: Tue Jan 31, 2023 8:49 am Alright I'm here now! I'm working actively on increasing my passive income to over $6000/mo. Already well over $3000/mo. Here is to 2023!!
Sapphire, do you mean shooting clips as passive income?
Is it possible to make a lot of clips on different platforms and then get decent amount as passive income for a few years after? Or it doesn’t work this way?


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