5 ms·
I manage my money quite well, thank you. Im not sure why it's difficult to grasp that the difference between gross and net income can be large for some job in
by casion 7y ago
I manage my money quite well, thank you.
Im not sure why it's difficult to grasp that the difference between gross and net income can be large for some job in some areas, but that is the case for a small number of individuals.
- sanderjd 7y agoIt is foreign to the vast majority of people that you would be making $400k per year of income but unable to afford a $5 breakfast as you say. I'm having some trouble with it too. When if you're paying $150k in taxes, have a $10k a month mortgage payment (about a $1.5M mortgage), and are making $5k a month in student loan payments, you have $70k left over. I suppose I could see your medical bills being so high that this is then a difficult pie to share with everyday expenses. But it's a lot of assumptions to get there.
- badfrog 7y agoEven if those number were reality, OP's claim that "I manage my money quite well" would be nonsense. If your after-tax income is $250k and you're spending $130k on loans and medical expenses, it would be foolish to sign up for a mortgage that costs $120k per year.
- casion 7y agoPlease see my other comment. You're making assumptions that are not correct regarding my choice in housing and expenses.