121–130 of 152 posts
How does half of $2K (over 2 years!) go to taxes? Doesn't that put you in the bracket where the government gives you money?
If you are doing content creation part time you are going to have more income than the 2k. the 50% is likely the marginal rate though and not the effective rate.
How does half of $2K (over 2 years!) go to taxes? Doesn't that put you in the bracket where the government gives you money?
Many Americans are surprised to learn how much higher taxes often are outside of America
UK it's 24% -- https://listentotaxman.com/?ingr=79000
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As a consoomer I find interesting that the production quality has bigger say over which DIY projects I watch than if the thing they are building aligns to my interest. For example JohnnyQ90 is filming himself creating very high quality RC cars from scratch, and despite me not having interest in machining/rc cars I still watch basically all his videos. Your interest being niche may not matter as much as you may think.
That’s a good point! Though, I would still argue that things like RC cars are more mainstream then a video about building a RISC-V emulator or re-implementing an existing protocol.
[0]braintruffle - took the concept of computer fluid simulation as main topic over detailing specific implementation, few videos a year.
[1]Reducible - His explanation of GJK algo, even after reading papers on it, made me appreciate it.
Both utilise extensive animation skills, mastering meaning of video.
As someone who's posted videos for about 10 years, and posted them seriously since 2017, the best period I ever had gave me about £1,500 for a couple of months worth of videos. Usually it's closer to £250 a month or something. This is entirely from YouTube ads, since at the moment I don't use Patreon, sell merch or run sponsorships. And it's for a channel with approximately 33,000 subscribers. So I can definitely bac…
From my observation, it seems an active base of around 200,000 subscribers seems to be where you can do it full-time. I've even seen people with about 100,000 subscribers go full-time.
The trick is that you can't just be making videos, you have to take on a lot of the business parts too. If you just want to make videos and nothing else, then you would probably need hundreds of thousands of views per video to make a living.
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Many Americans are surprised to learn how much higher taxes often are outside of America
California total taxes on a $100k income is 28% --- https://smartasset.com/taxes/california-tax-calculator#a3rz8... UK it's 24% -- https://listentotaxman.com/?ingr=79000
2. The UK has much higher consumption taxes than the US (including California) with a 20% VAT and gas taxes close to $3/gallon, compared to (in California) a maximum of 10.25% sales tax and $0.725/gallon state+federal excise tax on gas.
[1] https://www.gov.uk/national-insurance-rates-letters
[EDIT: Actually, the UK calculation does include “National Insurance”, which is the payroll tax equivalent, but it is after the "total tax due" that the parent used for the comparison. With the employee share National Insurance payment included, the UK total is 30%, higher than the CA amount even before considering the impacts of higher consumption taxes and the higher employers-share National Insurance.]
1. Youtube is a monopoly. 2. Youtube is obtaining unfair advantages from its monopoly status to the disadvantage of content creators, producing woesome despair and exasperation. 3. There are laws that are supposed to prevent this in the U.S. and other large jurisdictions. 4. Preventing this is even one of the rare issues that has visible political support in each of the major political parties of the U.S. 5. Dysfunctional democracies are not. Make them work.
If this problem could be resolved without politics, I would recommend that. If youtube had 4 or 5 significant competitors with competitive markets for both creators and eyeballs, the problem would be minimal. But there is about zero chance that even a single youtube competitor will arise before 99.99% of those now watching their funds dwindle as they produce videos will have given up, despairing and exasperated.
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Many Americans are surprised to learn how much higher taxes often are outside of America
California total taxes on a $100k income is 28% --- https://smartasset.com/taxes/california-tax-calculator#a3rz8... UK it's 24% -- https://listentotaxman.com/?ingr=79000
Earlier quoted context omitted.
I'm not 100% on youtube's algorithm, but I believe one of the points it hammers is that it's no longer about catering to the video but rather the viewer. So rather than think about weekly releases to play into the algorithm, it's generally better to focus on higher quality content that keeps people/your subs engaged throughout. Schedules are important for fans, it's easier to grasp that they can check youtube at a ce…
Thanks for the suggestions waboremo! I never would have even thought to film myself practicing, I would have thought it would be way too boring for any of my subscribers to want to see. Honestly I feel fairly camera shy, and in life I managed to roll a 3 in charisma :-) Luckily I don't need to speak in my actual published videos. But I'll give it a think and maybe try it out some time. Yeah I mix it up w/ covers and…
Lots of options even if you don't want to show your face or voice as well. Like short videos on how do play the chorus of (popular media here), with text/graphics on the video to help people.
Don't discount external platforms as part of the entire journey, they can feed into each other. Twitch-Patreon-Youtube combination is really common, TikTok/Insta Reels instead of Twitch is another. Best part of such video-based combinations is content reuse, you don't need to generate new content per platform, fantastic for stretching out periods between intense recording sessions. Then add in platform specific content (like opening up some rough draft originals to Tiktok duets, encouraging people to add their own lyrics), and you've got quite a substantial cycle in place without much serious effort due to all the reuse!
Here I see 116 writers complaining about the near-impossibility of making a living via youtube, a property of one of the biggest big dogs in the technological world. Consider the following: 1. Youtube is a monopoly. 2. Youtube is obtaining unfair advantages from its monopoly status to the disadvantage of content creators, producing woesome despair and exasperation. 3. There are laws that are supposed to prevent this…
Despite all the above, YT is still the primary platform, along with Instagram, to which content creators and influencers flock. People that “make it” on TikTok launch YT channels, for example.
Not making a living on YT is not because of YT’s monopolistic status; YT video creation is the best of a bad bunch. The same way most actors go to Hollywood and end up in poverty, most aspiring YouTubers end up with time spent and not much earns.
All the truly big creators make, from what I recall, roughly a third to half the money on Adsense, with the rest coming from other sources (embedded ads, merch, Patreon, donations, etc).
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California total taxes on a $100k income is 28% --- https://smartasset.com/taxes/california-tax-calculator#a3rz8... UK it's 24% -- https://listentotaxman.com/?ingr=79000
Your links show that take home pay is higher in California ($72K vs £55K/$69K), despite higher tax rate.