You have to assume a 40 hour week year round to put it in "average terms". Divide your gross by 2080 hours and you have an hourly wage compared to the "normal working world".
It is fun to have a high gross dollar per hour wage, but if you have lots of equipment expenses, that net wage can be ugly!! I always disagreed with the people who say "if I figured my hourly based on actual hours worked it would be scary", becasue there ar no jobs that would allow you to work that much anyway.
You could not work at McDonalds at $7.00 and then work 80 hours a week. So self-employment, or semi-self employment is the "price" you pay to be able to work more and potentially make more.
It is fun to have a high gross dollar per hour wage, but if you have lots of equipment expenses, that net wage can be ugly!! I always disagreed with the people who say "if I figured my hourly based on actual hours worked it would be scary", becasue there ar no jobs that would allow you to work that much anyway.
You could not work at McDonalds at $7.00 and then work 80 hours a week. So self-employment, or semi-self employment is the "price" you pay to be able to work more and potentially make more.
