Archive for September 2016

Your Real Income (So simple …)

September 16, 2016

Many play games with what their income is. Some aren’t sure what their income is. Some hide what their income is. This is an important topic for all of us when we face reality and assume we’re all playing with from same deck, which we aren’t (but that’s a whole other subject).

Simple Fact

If you live in the United States, Line 22 of your 2015 1040 IRS Tax Return says “Combine the amounts in the far right column for lines 7 through 21. This is your total income.”

There it is, in black and white: What you made for that year.

The Real Question

When you look at that number are you happy with it? Are you inspired, frustrated, sad, encouraged, etc?

The facts are the number is the number. Granted it is a past number … it is what was. It is one measurement of your actions, your performance, your outcomes that you produced.

Whether it is good or bad is up to you. It’s what you call it.

Now, what can you do about it?

© Copyright 2016 Phil Hoffman