If you are paid hourly at your job and would like to know what your annual salary is, then it just takes a little bit of math. In this personal finance minute, I give you the formula for converting your hourly pay into an annual salary. Then I give you an example for someone working full time making $15 per hour.
Do you prefer to be an hourly employee or salaried? Why? Let me know in the comments.
#Shorts
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The Habit That Changed My Life: https://youtu.be/oL3eVoReKCQ
My Debt Free Story: https://youtu.be/F-y-NYitK7c
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FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. NOT LEGAL OR FINANCIAL ADVICE. The information provided in this video and on this channel is for educational and informational purposes only. It is not intended to be a substitute for legal or financial advice that can be provided by your own attorney, accountant, and/or financial advisor. Practical Personal Finance accepts no liability whatsoever for any losses or damages arising from your own personal financial decisions. You are advised to consult with your financial advisor, tax professional, or attorney regarding any and all financial decisions involving your own income and taxes.
