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As a side note, when people say "percentage of your salary" are they referring to pre or post tax? This is never clear to me and I wish people would state it e
by randlet 13y ago
As a side note, when people say "percentage of your salary" are they referring to pre or post tax? This is never clear to me and I wish people would state it explicitly.
- dan1234 13y agoI always do my calculations with the net amount. I don't see why you'd want to include a portion you're definitely going to lose unless you're trying to make the figures work… Also, I don't like to include bonuses unless they're actually guaranteed.
- brown9-2 13y agoIt should be post-tax, but I think a lot of people forget that their nominal salary is not all take-home pay.
- randlet 13y agoI agree that it should be post tax, but nobody uses post-tax figures when stating how much money they make so it's often not clear which "15% of income" they are referring to.