How I Earn €10,000 per month as a PhD Student - My Monthly Income

TL;DR

The creator shares their personal experience of earning 10,000 Euros per month as a PhD student and discusses the challenges and benefits of their various income sources.

Transcript

hello everyone and welcome back to my channel in today's video I wanted to share with you how I earned 10 000 Euros per month as a PhD student equivalent to about 11 000 US dollars or nine thousand pounds I'm feeling stressed by filming this video so I've been putting it off for a while hence I missed last week's upload and I feel like this is the ... Read More

Key Insights

• 🧑‍🎓 Kira earns a substantial income as a PhD student through various channels, including research, a business, lecturing, and social media.
• 🎚️ They acknowledge the privilege of their income level and the importance of financial transparency in sharing their experiences.
• 🔒 Managing multiple commitments and striving for financial security can be stressful and challenging, leading to concerns about job security and overall performance.
• 😯 Kira's income from their speech and drama school does not fully compensate for the stress and workload involved in running the business, highlighting the need for fair compensation.
• ✋ Social media income has the potential for high earning potential, especially through product development and sales.
• 🔨 Kira's commitment to financial planning and organization is evident, as they explore different tools such as Notion and Google Sheets to manage their finances effectively.
• 😑 While Kira values their income and the opportunities it provides, they express a desire to find ways to reduce their workload and prioritize their well-being.

Questions & Answers

Q: How does Kira earn 10,000 Euros per month as a PhD student?

Kira earns their income through various sources, including a PhD stipend, a speech and drama school business, lecturing, and social media. They dedicate significant hours each week to these endeavors.

Q: What is Kira's fixed income and how do they earn it?

Kira's fixed income comes from their PhD stipend and their salary as the owner of a speech and drama school. They earn around 1500 Euros per month from their PhD stipend and 2500 Euros per month from their school business.

Q: How does Kira's income from lecturing vary each month?

Kira earns between four and six thousand Euros per month from lecturing, but the exact amount fluctuates based on the number of teaching hours they have. This income source has contributed significantly to their overall income growth.

Q: What is the average monthly income that Kira earns from social media?

Currently, Kira earns between one to two thousand Euros per month from social media. However, this amount can vary depending on their level of activity and whether they engage in sponsored content.

Summary & Key Takeaways

• The creator, Kira, earned 10,000 Euros per month as a PhD student through various sources, including their PhD stipend, a speech and drama school business, lecturing, and social media income.

• Kira works between 15 to 25 hours per week on their PhD, 15 to 30 hours per week on their speech and drama school business, 10 to 15 hours per week on lecturing, and 0 to 5 hours per week on social media.

• While Kira acknowledges the privilege of their income level, they also discuss the stress and challenges of managing multiple commitments and striving for financial security.