How to use it
- Use the formula below with your own figures.
The formula
Hourly = annual ÷ (hours/week × weeks).
Worked example
$52,000 a year is about $25/hour full-time.
Frequently asked questions
Include overtime?
Add extra hours for a true rate.
Gross or net?
This shows gross.
Tips
- Automate the boring parts of your budget.
- Compare unit prices, not package prices.
- Small recurring costs add up over a year.
Key terms
- Net worth
- Assets minus liabilities.
- Budget
- A plan for income and spending.
- Unit cost
- Price per single unit.