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Financial Calculators

Side Hustle Calculator

Analyze the profitability of your side business. Calculate hourly rates, profit margins, and break-even time.

Revenue & Time

$2,000
20 hrs

Monthly Expenses

Quick add:

$1,000
25%

Viable Opportunity

Excellent opportunity - strong hourly rate and profit margin

Effective Hourly Rate

$69/hr

after taxes

Monthly Profit

$1,388

after taxes

Monthly Summary

Revenue+$2,000
Expenses-$150
Gross Profit$1,850
Estimated Tax-$463
Net Profit$1,388

Performance Metrics

Profit Margin92.5%
Revenue Per Hour$100/hr
Expense Ratio7.5%
Break-even Time1 months

Annual Projection

Revenue$24,000
Expenses$1,800
After-Tax Profit$16,650

How to Evaluate a Side Hustle?

A profitable side hustle combines good hourly returns with manageable time investment. Key metrics include effective hourly rate (profit ÷ hours), profit margin (profit ÷ revenue), and break-even time for any upfront investment.

Side Hustle Tips

  • 1Start small and validate before investing heavily
  • 2Track every expense from day one for accurate profit calculation
  • 3Aim for at least $25-30/hour to make the time worthwhile
  • 4Automate repetitive tasks to increase effective hourly rate
  • 5Consider scalability - can this grow beyond your time?

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