And since most people work 40 hours a week (approximately 2000 hours a year), another more generalized way to state the rule of thumb is take your preferred annual salary and divide by 1000.
Ie, $75,000 becomes $75 an hour. In the US, keep in mind that taxes on income after business expenses will be no less than 15.3% (self employment tax) and most likely 30% or higher (se tax plus income and other taxes), so a lot of this money disappears quickly :) On Mon, Nov 8, 2010 at 2:05 PM, J Aaron Farr <[email protected]> wrote: > Rough rule of thumb is to take your salary (or preferred salary), > convert it to an hourly rate, then double it. > > -- > J. Aaron Farr > 馮傑仁 > www.cubiclemuses.com > > --------------------------------------------------------------------- > To unsubscribe, e-mail: [email protected] > For additional commands, e-mail: [email protected] > > --------------------------------------------------------------------- To unsubscribe, e-mail: [email protected] For additional commands, e-mail: [email protected]
