Goals for 2012

With only three days left until the new year, I thought it would be a good time to create my list of personal goals.

1. Buy at least 5 acres of land in Wisconsin or Michigan
2. Earn $10,000 per month
3. Surpass my income trading the Forex
4. Buy and sell merchandise from auctions to earn $20,000 a year
5. Resolve I.R.S. problem
6. Improve credit score
7. Reduce debt
8. Learn web design php, HTML
9. Start painting and selling work
10. Earn income ($10,000) from blogging
11. Write Memoir
12. Produce Web Series
13. Start writing songs

Chicago Taxi Driver Diary 12-18-2011

Yesterday, I leased a cab for 24 hours. My company only had one. I had a few things happen that has made me want to get out of this taxi business. First, the fact that I had 1 cab to choose from. If I hadn’t arrived around 5:00 a.m. in the morning, I probably wouldn’t of had that choice.

The second issue is when I got the cab, the engine light was on. I took it to the garage to have the foreman look at it. He opened the hood, took out three electrical wires, waited about three minutes, and hooked it back up. The engine light wasn’t on (This is a little trick of theirs). As soon as I hit the highway, the engine light came back on. Not only did the light come back on, another light came on. It looked like a wrench (transmission).

The third issue I had today was at 4:00 a.m. the Gandolph machine stopped working. The Gandolph machine is the system taxi drivers use to process credit cards. I had to stop working. Now the lost of those two hours, I’m not going to get credit for. Why, you might ask? Because the company just won’t. So that two hours of my lease I can’t get refunded back. There is no one available to fix this problem at 4:00 a.m. in the morning. When I got to the garage, I found out a lot of drivers were effected.

Here is an account of what my income was like for 12-17-2011

24 Hour Lease

Expenses

Lease – $93.00

Gas – $46.72

Total Expenses = $139.42

Income:

$20.00

$39.65 (credit card)

$17.00

$17.49

$9.00

$11.00

$23.00

$37.75

$42.06

$42.00

$12.00

$10.31 (credit card)

$12.00

$10.00

$20.00

$8.00

$9.00

Total ?Income = $335.47 (minus 5% for credit cards)

Net Income = $196.05

Average Per hour = $8.16

Chicago Taxi Driver Diary 12-17-2011

12 Hour Lease
Expenses
Lease -$ 60.00
Gas- $ 11.00

Total Expenses $71.00

Income
Cash
$41.00
$11.00
$15.00
$10.62 (credit card)
$13.00
$9.00
$10.00
$8.65
$5.00
$28.26 (credit card)
$8.00
$10.99
$10.00
$6.00
$14.46
$12.00
$9.00
$6.00
$8.00
$6.00
$8.00
$8.00
$22.00
$20.00
$9.00
$10.00
$6.00

Total Income = $316.33 (minus 5% for credit cards)

Net income = $245.43

Average per hour = 20.44

The Chicago Cab Driver Diary Dec. 16, 2011

There is a lot of interest I notice in finding out what cab drivers make. I’ve decided to give those that are curious about the life of a cab driver and the income over the next 30 days.

Yesterday was my first day back to driving a cab since school let out. There were no 24 hour cabs available for lease. So, I had no other option but to lease a 12 hour cab. Here is an account of my shift activity.

Lease – $60.00

Gas – $11.00

Airport stamps – $40.00

Expenses – $111.00

Fare

  • $39.40 (credit card)
  • $44.00
  • $15.00
  • $14.94 (credit card)
  • $19.00
  • $10.00
  • $11.06 (credit card)
  • $35.00

Credit card total + $62.13 (minus 5%)

Cash – $123.00

Total Income – $185.13

Expenses – $111.00

Total Income – $74.13

Average Income Per Hour (12 hour shift) – $6.17