Cost of Saving

Worked examples / Investing in something

Bootcamp or course

A six-month full-time course: $15,000, plus half a year of a $40,000 salary given up.

Worth it on these numbers

It has paid for itself by year 5.

It costs$35,000cost plus pay given up
It brings back$87,672in today's money
Put in your own numbers

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

Total cost$15,000 + $40,000 x 0.5 = $35,000
Average gain per year50% x $20,000 = $10,000
Simple payback3.5 years
Brought back, discounted at 3%$87,672
Net$52,672

Every formula is written out on the formulas page.

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