Morning Metaverse [Mar 01, 2017, 10:17 am ET] – Share – Viewing Comments
jdreyer wrote on Mar 1, 2017, 18:30:
You need to read what DMan wrote:Dman20 wrote on Mar 1, 2017, 09:49:
Pending medical and exact taxes he's probably bringing home 65% of his pay after (401k, medical, fed taxes, state taxes, etc), so roughly 104k, 36k in rent later your down to 68k of usable income.
So he still has quite a bit left. I live in an expensive market, but I don't pull in anywhere near $160K. I'd love to. Would make my life so much easier.
Thanks for the insight. I have to say $68K of available income is still significant. People's entire salaries are less than $68K. Perhaps this is a simple assessment, but it would seem to me if it's hard to live on $160K they're doing something clumsily. The first rule of any household should be to budget income and know where every dollar goes.
"The present is a veil between anticipation and horror. Lift the veil... and madness may follow." source
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