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What if you have a cushy job that earns you $100k / year working 4 hour a week? (lifestyle business like Ferris like)
by paolomaffei 16y ago
What if you have a cushy job that earns you $100k / year working 4 hour a week? (lifestyle business like Ferris like)
- thibaut_barrere 16y agoIf you earn $100k per year (no matter how long you work) and have no savings and spend $100k per year, then your wealth is "0 day" and will remain the same, by this definition. If you earn $100k per year, spend $80k per year (saving $20k per year), then you'll earn "3 months of wealth" each year. If you earn $60k per year, spend $20k per year (saving $40k per year), then you'll earn "2 years of wealth" each year.
- wdewind 16y agoProtip: No one has that (including Ferris).
- dedward 16y agoDoesn't help you one bit if you are spending $150k/year and going into debt.