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That sounds like it covers all necessary expenses and taxes, which means there's $40k of discretionary income. A savings rate of 40% is excellent, especially if
by oscilloscope 12y ago
That sounds like it covers all necessary expenses and taxes, which means there's $40k of discretionary income. A savings rate of 40% is excellent, especially if you can invest it for 10-20 years.
- zaroth 12y agoNo, I'm just talking about just take-home pay. Then you can start paying living expenses with what's left.