Title: $85,000 Saved Tagline: $85,000 Saved: How a Freelance Consulting Side Hustle Accelerated Our College Fund Problem: John and Mary, a married couple in their early 40s with a combined income of $450,000, are facing the looming pressure of funding college for their three children. While their current income is substantial, they realize that relying solely on their salaries won't be enough to comfortably cover projected tuition costs, estimated at $75,000 per child, per year. John has extensive experience in project management and software implementation but hasn't considered monetizing this expertise outside of his full-time job. They're unsure how to price his services or even if pursuing freelance consulting is a worthwhile endeavor given their already demanding schedules. They're worried that undercharging will devalue his skills, while overcharging could scare away potential clients. Solution: By using the Consulting Fees Calculator, John determined that he could realistically charge $150/hour for his project management expertise, based on market rates and his experience level. He committed to 10 hours per week of consulting work after his regular job. The calculator helped them understand the tax implications and expenses associated with freelancing, allowing them to accurately project net income. This enabled them to set a realistic goal of saving an additional $30,000 annually for their children's college fund. Furthermore, the "Tax Equivalent Yield" calculator helped them determine the best investment vehicles for these savings, maximizing their returns while minimizing tax liabilities. ROI: John's consulting side hustle generated an extra $30,000 per year. Over 3 years, this amounted to $90,000. Factoring in the tax-advantaged college savings plan, they achieved an additional $5,000 in tax savings (estimated). This generated a total additional value of $95,000. They now have confidence to completely cover the costs for one child's four-year college education and make significant contributions for their other two children, putting them ahead of their savings goals by 25%. Description: Discover how strategically calculating consulting fees allowed a high-earning couple to supercharge their college fund and achieve financial freedom. This calculator empowers you to price your expertise effectively, maximizing your earning potential and securing your family's future. Category: Lead Gen