> A good freelance dev can pull in about 80-100 euro/hour which leads to a monthly pretax income of >10k euro
When I did free-lancing work in the early 2000s, the rule of thumb was that a freelancer income of 1000 euro corresponds to an employee income of 500 euro, if you factor in expenses, sick days, holidays, time to do accounting, time between projects,...
Is that still true? If yes, the 10k euro don't sound that impressive anymore (but still good, of course, compared to the median)
The 2x is a bit unfavorable because it depends on your situation.
IMO, if you're young, healthy, single and can command 100 euro/hour, then you're in a much better position then if you need: a secure cash flow, a lot of sick days or have a demanding SO that doesn't allow you to work weird hours, then 2x seems like a much more reasonable multiplier.
In my particular case, it felt much more like 2.5 to 3x
When I did free-lancing work in the early 2000s, the rule of thumb was that a freelancer income of 1000 euro corresponds to an employee income of 500 euro, if you factor in expenses, sick days, holidays, time to do accounting, time between projects,...
Is that still true? If yes, the 10k euro don't sound that impressive anymore (but still good, of course, compared to the median)