In the interest of always being open, I’m going to post my income over the past few years.
In 2017, I had my best year yet. I did the 7-Eleven App, and work for monkeyMEDIA. On my personal return, I showed an income of $183,755.
It was actually more than that, because some of the income went to my LLC, of which I am the sole owner. Crucially, all of this was in Texas, I had lots of business-related expenses, so my overall tax paid was very low, $41,251 or an effective tax rate of 22.45%.
As a result, I reached a savings goal of $150,000! I was mainly able to accomplish this because I just signed a cheap lease before my contract started, and was able to keep a low cost of living.
In 2018, I moved to Hollywood. I bought a G Wagon:
I immediately got it wrapped in gold chrome:
And increased my spending immensely:
While I was in Hollywood, I didn’t do very many paid contracts:
Resulting in a hilariously large decrease in income:
Now, in 2019, I’ve started my career at Facebook. My total compensation is:
- Salary: $160,000
- Equity: $325,000 over 4 years, or $81,250 per year
- Signing Bonus: $60,000
Average Yearly: $241,250
Average After-Tax Yearly: $144,750
Due to the cost of living, California state income tax, and lack of tax deductions as an employee, I’m approximately in the same after-tax income range as in 2017. I’m working on reducing my spending to that level as well.