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Updated over 9 years ago,

User Stats

174
Posts
85
Votes
Joel W.
  • Investor
  • Eastlake, OH
85
Votes |
174
Posts

What's a minute worth?

Joel W.
  • Investor
  • Eastlake, OH
Posted

As I'm sitting here doing my annual Officer evaluation (military officer review, BLAH!) I cannot help but be distracted and began to think about this.... What is a minute worth to me? How do I make more money per minute or hour. The idea stemmed a bit from Gary Keller's book "The Millionaire Real Estate Investor", the section on Net worth and constantly revieiwng what your net worth is. So I ran a few calculations just to waste some of it. 

1 Year= 8760 hrs or 525,600 minutes

Gross income/8760 hrs= hourly wage

Gross/525,600 mins= minute wage

Or how much does it cost to live-

annual expenses/8760= hourly expense

Annual expenses/525,600= expense per minute

So the question is how are you going to increase your hourly wage and decrease your hourly expense. I think I'm going to get back to work, because I don't own enough real estate yet and the Govt wants me to tell them why they should pay me more.

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