Does this project pencil out?
Scott Wagoner · Project Pricer
Project fee (what the client pays)
$
Your hourly rate (internal benchmark)
$
40.0 hrs
Deductions
include in calc
Taxes
25% flat · SE + federal + B&O
Business expenses
Tools, software, contractors, other costs
$
Giving
10% of project fee
Investing
10% of project fee · optional
Housing & Debt
Penny Mac (mortgage)
Extra mortgage payment
Savings
Subtotal$3,005
Insurance
State Farm (auto)
American General (life)
Subtotal$439
Utilities
City of Pasco (water)
Franklin PUD
Cascade Natural (gas)
Basin Disposal
Spectrum (mobile & internet)
Subtotal$449
Subscriptions
Amazon Music
Premium Connectivity
Apple iCloud
Nest
Subtotal$54
Variable Expenses
Medical
Groceries
Misc expenses
Restaurant
Gas
Subtotal$3,410
Personal
Erica spend
Other
Subtotal$300
Monthly total $7,657
Project breakdown
Hours budget
40.0 hrs to complete
at $250/hr · ~2.0 weeks at 20 hrs/wk
0 hrs20 hrs40 hrs max
Project fee$10,000
Taxes (25%)−$2,500
Giving (10%)−$1,000
You keep$6,500
Effective kept per hour of work $162.50 / hr