Just the Tax, Ma’am

One of the sad realities to working for myself is that my goal income really isn’t my goal income.

For instance, say I’d like to be bringing in $30,000 a year (or a little over $2,000 a month) in order to feel comfortable in my normal spending habits. Assuming our debts continue on their current trend, by the time I’m ready to step out of the corporate rat race our debts should be very close to zero. Combined with my husband’s retirement income this sounds like a nice solid figure, after all I’m not looking to end up in a mansion, but it turns out to be significantly short of what I’d really need.

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