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If you're self employed or have your own business you can use pre-tax dollars for a lot of those expenses. Out of curiosity why would you include food, housing
by dnh44 9y ago
If you're self employed or have your own business you can use pre-tax dollars for a lot of those expenses.
Out of curiosity why would you include food, housing, and transport, etc in your calculation. Those are sunk costs so if the premise is "I'll work 2 extra hours a week" in order to pay someone to 6 hours of cleaning, cooking, etc, then those sunk costs don't really enter into it.
It's seems like what you're really calculating is profit per hour.
Do you have a link to your book?
- grecy 9y ago> Out of curiosity why would you include food, housing, and transport, etc in your calculation. Because they are all higher as a result of going to work. i.e. if you buy lunch at work everyday for $15, you would only spend $5 if you were at home and ate a sandwich you made yourself.. so the $10 per day difference is a "cost" of going to work. Same for transport (would be $0 without work). Housing is often greatly inflated because of work. i.e. I want to earn the big bucks in Silicon Valley, so I pay $4000/mo rent. Or I just move way out someplace and only spend $1000/mo.. therefore the $3000 difference per month is a "cost" of going to work. > It's seems like what you're really calculating is profit per hour. That's an interesting way to say it.... I guess I would say "how much are you really getting ahead for every hour of your life you are selling. (hint: it's massively less than most people think) > Do you have a link to your book? "Work Less to Live Your Dreams" http://amzn.to/2vVzpbG http://amzn.to/2vVzpbG