[charlesdm]

And right you are. Once you account for all the taxes and expenses that you have to pay yourself, you lose a significant amount of money each month.

Most people just read the 20k number, and think, "he's making 20k a month!!!1111".

[DominikR]

Yes, I pay a 50% tax here. Additionally one has to consider that you might have some down time between two projects where you don't have any income.

But still I'd encourage anyone interested to try. You'll not just improve your tech skill set, but if you make it work you'll also learn how to sell and to negotiate, which is a generally helpful skill to have in all areas of life.

[charlesdm]

Where are you based?