Personal Income: Goals Follow-Up
By The Tim on Feb 20, 2008 in Finances
This is a follow-up to Tuesday’s post about income goals. It was requested that the graph of goals be given some sort of point of reference so that the viewer can see how it relates to the previous income. To that end, I present the updated chart below:

This version has the vertical axis set to the percentage of my income just before quitting my “real job.” I’ve also added the colored areas on the bottom to indicate two different income levels. The blueish area indicates the minimum income required to pay our current bills. The orangeish area indicates a more realistic minimum that adds in monthly rent (our current monthly expenses do not include rent, since we are caretakers of a property).
Sweet! So all I have to do is ask, and you will post whatever I want!
Next, I’d like to hear some secretive clues about some near-term projects . . .
:)
J.R. | Feb 21, 2008 | Reply
But for a while, you have enough saved to get you through until you begin to generate enough income to match those amounts (bills, rent, ect.), correct?
Rachel | Feb 27, 2008 | Reply
Does the 100% factor in things like health insurance benefits at your “real” job or is it just plain gross monthly income?
Joel | Mar 7, 2008 | Reply