Your life energy and your real hourly wage

About this episode

Hi everyone, I'm Doug! In this episode of FIRE University, we dig into the nature of money and how to calculate your real hourly wage. On the surface your hourly wage may look high, but once you subtract work-related costs and the extra time your job really takes, the result may surprise you! By understanding the link between money and life energy, you can spend more consciously and avoid pushing back your financial freedom with unnecessary spending. Let's learn to make more valuable choices with the money we trade our lives for.

The real hourly wage formula: (Income − costs caused by work) ÷ (working hours + extra time spent because of work) = real hourly wage

Give it a try and work out your own real hourly wage!

The episode is in Mandarin Chinese. These notes are translated from my original show notes.