Dec 28, 2022
You probably think you know how much you earn per hour, but almost everyone is wrong. In this episode, we are walking through a simple exercise that’ll show you what your REAL hourly wage is and I'll bet it is nowhere close to what you think it is. Armed with this info, you might just find that it’d be cheaper to stay home with the kids than it is to send them to daycare, or maybe you can retire sooner than you thought, or any number of other things.
This was originally recorded as a video so you might find it more helpful to watch the video here: https://youtu.be/Votlrg_fcSU
Links Mentioned:
- Your Money or Your Life by Joe Dominguez and Vicki Robin -
https://amzn.to/3WmjFeh - How to save money on car depreciation -
seedtime.com/save-money-on-car-depreciation/
These are a few of the topics we cover:
- How much time do you spend "working" without pay, outside of working hours?
- How much does it cost you to work (i.e. your car, gasoline expenses, wardrobe, etc.)?
- Are there expenses that you are paying others to do, that if
you had more time, you
would perform yourself? - Are there foods you buy because you are too tired to cook dinner?
- Do you have escape entertainment or vacations you take part in
that you wouldn’t if
you didn’t have a stressful job? - Are there childcare expenses that could be avoided without your job?
- What are the benefits and perks of staying at your job?
- Where is God leading you when it comes to where to work?
You can watch the recording of this episode on our SeedTime Money Podcast YouTube channel
If you haven’t checked out our best-selling book Simple Money, Rich Life we think you’ll love it. It was named the 2022 Book of the Year by ICFH and has over 275 5-star reviews on Amazon and is best described as “a money book for people who don’t read money books.”
You can take it for a test drive for FREE at SeedTime.com/sample where you can download chapter 1 of the audiobook, grab the 1st 2 chapters of the ebook version, and even get the 5-week book study companion guide.