LOST6200 said:
jtr1962 said:
BTW, I have $14,000 in credit despite the fact that my usual annual income is well under the $10K mark. Go figure.
<$100K, you mean?
No, I mean $10K. I'm in business for myself with one client. The future may very well see $100K or perhaps even optimistically $500K, perhaps within 10 years if I'm lucky. I decided to do what I do for two reasons. First of all, decent-paying jobs seem to exist less and less in today's service economy. Last time I looked, all I could get despite my educational background would be $10/hour jobs where I would be killing myself along with being bored silly (and my carpal tunnel syndrome would keep me from most types of full-time employment anyway). Second, I like to be able to set my own hours and days off (this is very, very important to me). The small tradeoff is worth it to me. Truthfully, once you factor in the extra taxes and carfare I'd be paying on a $10/hour job, I'm maybe only $100 per week behind doing what I do (and I work on average 5 hours a week versus the 50 or more I'd put in the other way with travel time). Basically, I'd put in an extra 45 hours for another $100 take-home. Hardly an effective use of my time. Right now I'm trying to get more clients and/or branch out into other things. I bill at $50 to $60/hour for what I do (mostly electronic design and prototyping, along with some repair). I could probably get away with $100/hour with a client with deep enough pockets.
Yeah, I live with my parents. I still would have to even working full-time given what rents are here. I probably still will until I make enough to move out and find a companion. I hate the idea of living alone.
Welcome to the new economy.
