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Whats your hourly rate?
Comments
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This is one of the more interesting threads that I have read.
A cynic could suggest that, after working out your hourly rate, work out how much you could claim in benefits if you didn't work. The difference between the two is how much you are earning by working
Of course, self-respect comes into it too - at least for some of us .
GGThere are 10 types of people in this world. Those who understand binary and those that don't.0 -
£600 a day, so £60 a hour (roughly - fluctuates depending on business).
But, do stress alot and go through hell to earn it!0 -
The correct link for the pru calculator incase anyone wanted it. There are lots of similar calculators out there but I can't find one that does the tax and converts it down to an hourly rate. The Life style calculator is quite good as it is like an SOA in reverse to tell you what wage you need to live the life you fill in, assuming you remember to enter everything that is.Official DFW Nerd Club - Member no. 234 Proud to be dealing with my debts I love the Dave Ramsey podcasts. Debt Free Date (including house) Aug 2012 Live on £4000 a year the short version £918 for 29/09/08 - 01/01/09 spent £0 NSD's In October Target 10 Actual 0 Quit smoking 25/09/08 saved £5 so far0
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in-trouble wrote:where did you get the spreadsheet from? its something that i could use.
I just put all the entries into excel - monthly and yearly costs for each (one calculated from the other depending on how it's paid) and summed the values.
I sum the total expense, income and the net figure and calculate dailies for each.
I think everyone should create something like this so they can keep track of things they have set up, check that things are happening ok and can cancel when they are no longer needed.
Interesting to note that my greatest expense is council tax by a long way.
I also record the annual and apr rates on deposit accounts and mortgage rates so I can easily see where is best to move money.0 -
Thanks bobbie78 - my £7.28 p/h becomes £6.43 after deductionsDMP starts June 2012, £38,180.
Balance June 2015 £26,046 (paid off 32%)
DMP mutual support thread no 4340 -
Well as I am in sales it depends.Have been known to make £1,500 in a day also been known to make £25 in a day.As my contracts are being cut this year I expect to earn a whole lot less.However Mrs.Pobby works full time so not a major problem.Also when I have been getting ``the big`` money{like last month} I don`t go crazy but save as much as I can.Main outgoings are insurance,pensions and investments.0
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Great post TBD. Wonderful 'out of the box thinking'.Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0
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