This new layout is a disappointment
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$50000/yr - ~30% taxes = $2900/mo
Subtract your $1000 investment and you have only about $1900 to spend on rent/mortgage, car payments, bills, food, etc. You'll be living paycheck to paycheck; hardly rich.
Fuck Trey Songs
i'm the best mayne, i deed it
Fuck I should move to Canada
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for the most part, and im not saying its impossible, its hard to make 50 K without some kind of education beyond high school
uh 30% taxes? I live in Canada, and my paychecks are around 1100 before tax, and about 950 after. So thats no where near 30%.
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Once you make $41,544, you'll be hit with 22% federal income tax, plus your provincial income taxes.
become an electrician
http://illestxvillian.tumblr.com/
You don't have to make a lot of money to be rich when your a bit older. For example, if I make 50K a year, and invest ~500-1000 a month in some sort of mutual fund or high interest savings account, ill have a nice amount of cash by the time im 45.
I've realized that saving really is the way to get rich. Fuck going to school for 10 years and trying to get a PhD to get a job paying 100 grand a year. I'd rather go to school for 2 and make half that.
wut
hndlz.tumblr.com
lol. op doesn't understand how the world works. unless you're still living with your mom at home, investing a grand a month with a salary of 50k is extremely difficult when you have those monthly expenses.and you're talking about canadian money? shiiiit. 50k canadian is like 18 american dollars.
50k canadian is like 18 american dollars.
SATIRE GANG OR MOW YOUR LAWN FOR FREE
50k after taxes? then a grand a month isnt too bad, 50k before taxes, your living with your mom.
fyi good luck finding an account that yields that high of an interest rate. High return rate accounts at an investment firm dont usually come in until you have plenty of cash to blow. Starting at 1k a month wont do you too much good until after about 3 or so years and even then your margins will be razor thin at best. Long term accounts that yield more interest as you go are a bitch to stick with because their may be unplanned expenses. also, if you have kids, then this whole thing goes out the window.
Im in school right now studying architecture/engineering and its only taking me 4 years to get a degree in architecture and 8 in engineering. if you just sacrifice 2 extra years you can get more money and save 1,000 a week till you are 40. get yourself a Aston Martin. swagg.
uh 30% taxes? I live in Canada, and my paychecks are around 1100 before tax, and about 950 after. So thats no where near 30%.
Making 50K a year isn't that hard if you work in a trade, which requires a small amount of schooling. Then further down the road, when you have a lot more experience, you can start your own small trades company. If you are good at what you do, you will attract lots of business.
What I am saying is today, for the most part, people live beyond their means. You can easily save money if you want to, it just involvs cutting certain things out of your life.
