Thank you. This is very helpful. I didn't know that there was a clear
rule of thumb like this.
On Nov 8, 2010, at 2:24 PM, Mike Kienenberger wrote:
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 <fa...@apache.org> wrote:
Rough rule of thumb is to take your salary (or preferred salary),
convert it to an hourly rate, then double it.
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J. Aaron Farr
馮傑仁
www.cubiclemuses.com
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