Confessions of a Laid-off Lawyer

Just Your Average Joe Blogging Away His Debt—In One Year or Less

Archive for November 6th, 2009

Adding Up the Numbers

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Total Black: $74.09
Total Red: $230,600.32

While talking on the telephone with a friend the other day, I ran some calculations and realized that even if I obtained steady contract attorney work I wouldn’t come close to reaching my goal.  Assuming a sixty hour work-week at forty dollars an hour, that nets me $124,800 after fifty-two weeks—before taxes and expenses.  I’ve only got thirty-six weeks left until 8/9/10.  Those calculations do not make me doubt achieving my goal of being out of debt in a year, but they do get me thinking that I need to step things up a bit on the supplemental front. Keep reading . . .