What Is Your Time Worth?
What do you consider your “hourly rate” in life to be? Here’s an easy way to figure it out.
- Take the amount you feel you deserve to be making per year (a reasonable amount, not like 100 billion dollars).
- Take 52 weeks (one year) and subtract the number of weeks you’d like to spend on vacation away from work of any sort.
- Take the number of hours per week you would want to work (again, reasonable not 1 hour a week) and multiply that by the number of weeks left from step 2.
- Divide the yearly amount you got in step 1 by the number you got in step 3.
That’s your perceived hourly worth. Are you making this much at your current job? For most people, the answer is probably not. Seems pretty silly to me to spend time working for less than you feel your time is worth… in a way you are essentially paying to work.
