When will I have my picture in the paper?
June 18th, 2008 | Published in Uncategorized
If the dulced tones of Bros are ringing in your ears right now – shame on you. If not think “when, will I, will I be famous????”. That should have done the job. Of course we’re not all that interested in becoming famous. We’re a little more interested in becoming rich enough to never have to work another day in our lives. A modest enough target. With that in mind – I came up with a little calculator to help figure out the date when the total monthly automated income will exceed our expenses.
The projects I work on tend to have hundreds of people paying tens of euro a month for some service. Each subscribers monthly fee contributes towards my target for that project. Some of the projects have an organic net growth and as such I can calculate when the organic growth will meet my target to the day. It is interesting to play around with the calculator and twiddle with the pricing and growth rate to see how it effects the ‘retirement’ date.
When will I be rich?: