I need about 2,000 ($1600 expenses, $400 savings/buffer) per month to live. A 20 hour workweek or even shorter is what I’m going for here.
So do a simple bit of arithmetic. $2K/mo = $24K/year after taxes. If you’re working in the grey economy / being paid cash, that’s your necessary annual income. If you’re being paid by paycheck, you probably will need around $32K salary (depends on the state, etc.) to get to the $24K take-home amount.
A 20-hour workweek translates to 1000 working hours per year (and two weeks for vacations, sick leave, etc.).
So you’re looking for a job that pays you at least $32/hour above the table or $24/hour below the table, besides being a part-time job.
Other options seem to boil down to running a small business which doesn’t strike me as a low-commitment, low-stress, and high-free-time activity.
Disregard those numbers. They were bad. But the point I guess you’re making is that living comfortably on low net work is hard to make happen. I know. But I want to try. Nearly half my waking hours just seems like a lot of time.
I mentioned 4 hour workweek style dropship business in my list of strategies. In fact, you can more or less blame that book for this post having been written.
So do a simple bit of arithmetic. $2K/mo = $24K/year after taxes. If you’re working in the grey economy / being paid cash, that’s your necessary annual income. If you’re being paid by paycheck, you probably will need around $32K salary (depends on the state, etc.) to get to the $24K take-home amount.
A 20-hour workweek translates to 1000 working hours per year (and two weeks for vacations, sick leave, etc.).
So you’re looking for a job that pays you at least $32/hour above the table or $24/hour below the table, besides being a part-time job.
Other options seem to boil down to running a small business which doesn’t strike me as a low-commitment, low-stress, and high-free-time activity.
Disregard those numbers. They were bad. But the point I guess you’re making is that living comfortably on low net work is hard to make happen. I know. But I want to try. Nearly half my waking hours just seems like a lot of time.
Sure. The really really REALLY long line of people who want to get a lot of money for little work is right over there.
Your can start by reading the Tim Ferriss’ The 4-hour Workweek book, by the way.
Keep in mind that Tim Ferriss works extremely hard. You are not as successful and prolific as he is on a 4-hour workweek. Ironically enough.
Also a fair point.
I mentioned 4 hour workweek style dropship business in my list of strategies. In fact, you can more or less blame that book for this post having been written.