I think it depends on what aspect of webmastering you are involved in. There was a very old member of this forum who does not come often any more (now too rich) he makes several thousands every month.
There a few other members I know who live quite comfortably from their online activities. But they usually find a niche and establish themselves in that niche. Perhaps you need to identify a niche and give you activities in that niche a good push and wait till return is enough to live on and then give up your day job.

I don't make a comfortable living, but I get by on earnings from internet ventures. I do a lot of graphics work and PHP coding for different people. I also make about $100.00 in ads*nce in a month.

I sort of do OK from the web

Its very much up and down for me.
Trouble is i keep changing direction too quick.
My best results were on ebay but the hassle of customers buying things they dont understand then complaining for no reason was just too much so i stopped.

I make a regular(ish) amount, but have a full time job as well.

I like that term....regular(ish).....

There is a living to be made online, but you must find your expertise first(or at least convince other of your expertise).

There is plenty of money to be made. using PPC to arbitrage Affiliate offers for example.

If you have an affiliate product that pays you £20 , and you are paying £1.30 per click and get a 1:5 conversion ration, then for every £13 you spend you gross £40 (2 conversions @ 1:5). This leaves you with £27 profit. I convert about 6 per day in this particular instance, which pays £81 a day Net of costs. (these are actual stats)

The trick is though to redirect the click throughs so that the affiliate company does not grab the phrases I am using/ so all they get is kw12, kw15 etc means nothing to them, but plenty to me because I know that kw12 = a certain set of keywords.

I am doing full time all my activities online. I do not have any jobs. Earning is not satisfactory still now.

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