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// can I go freelance?
// doing some math to see if I can afford to go freelance, or what it'd take to do it
// r is hourly rate
// h is hours per week
// w is weeks per year
// ws is weeks of savings
// returns object with income, savings, and tax where income is after tax and savings are subtracted
const a = (r, h, w, ws) => {
let income = (r * h) * w;
const tax = income * 0.16; // as of 2024 actual tax rate is more like 15.3%, but I'm rounding to 16%
income -= tax;
const savings = ws * w;
income -= savings;
return {
income: income,
savings: savings,
tax: tax,
};
};
const m = a(125, 24, 48, 300); // $125/hr, 24 hours/week, 48 weeks/year, saving $300 a week
console.log(
`annual income: $${m.income}, annual savings: $${m.savings}, annual tax: $${m.tax}`,
);
const n = a(100, 30, 48, 300); // $100/hr, 30 hours/week, 48 weeks/year, saving $300 a week
console.log(
`annual income: $${n.income}, annual savings: $${n.savings}, annual tax: $${n.tax}`,
);
const o = a(75, 30, 48, 300); // $75/hr, 40 hours/week, 48 weeks/year, saving $300 a week
console.log(
`annual income: $${o.income}, annual savings: $${o.savings}, annual tax: $${o.tax}`,
);
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