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What is the breakdown of YOUR paycheck?

Posted on 4/6/13 at 10:30 am
Posted by TogaParty
Member since Feb 2013
276 posts
Posted on 4/6/13 at 10:30 am
I bring in about $2500-3200 after taxes. (not a baller, but I get by)

Based off getting in $2500.

Rent: ~ 30%
Regular bills (phone, insurance, electric): ~15%
Variables (gas, food, etc) : ~20%
Savings: ~30%

5% is usually a buffer for an extra night out or stuff like that.
This post was edited on 4/6/13 at 2:14 pm
Posted by thelsutigers
Dallas, TX
Member since Nov 2009
3443 posts
Posted on 4/6/13 at 10:33 am to
So you get paid monthly ?







I kid, I kid.
This post was edited on 4/6/13 at 10:34 am
Posted by LSURussian
Member since Feb 2005
126942 posts
Posted on 4/6/13 at 10:34 am to
quote:

Rent
quote:

not a baller
Posted by TogaParty
Member since Feb 2013
276 posts
Posted on 4/6/13 at 10:44 am to


bi-weekly. But figured I'd do the monthly breakdown
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 4/6/13 at 11:44 am to
My savings rate is pushing 40%. Its miserable.
Posted by Siderophore
Member since Nov 2010
3338 posts
Posted on 4/6/13 at 12:00 pm to
The problem I have with that is your "better" years are your younger ones.

You are basically doing without for a better tomorrow.

Without knowing if you will be in a state to enjoy it, or even there to see it.
Posted by ZULU
Member since Sep 2009
1003 posts
Posted on 4/6/13 at 1:00 pm to
I'm just trying to get the ebt card,
And the caid card.
Then I'll be rolling!
Posted by Zach
Gizmonic Institute
Member since May 2005
112406 posts
Posted on 4/6/13 at 1:59 pm to
Rent/Mortgage: 0
Utilities: 20%
Gas/Food: 30%
Starbucks: 50%
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89477 posts
Posted on 4/6/13 at 2:12 pm to
quote:

bring in about $2500 after taxes.


A week? That's pretty sweet.
Posted by TogaParty
Member since Feb 2013
276 posts
Posted on 4/6/13 at 2:13 pm to
I wish

being single with no dependants sucks. Last pay check was $2400 (bi-weekly) before taxes and I ended up with $1600.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89477 posts
Posted on 4/6/13 at 2:26 pm to
I gross about $3750 every 2 weeks, from the 3 jobs. I clear about $2750, and I'm married and have 3 dependents. You're not doing that badly.

(I'm not counting retirement and health insurance in the take home amount, though.)
This post was edited on 4/6/13 at 2:27 pm
Posted by BACONisMEATcandy
Member since Dec 2007
46643 posts
Posted on 4/6/13 at 2:30 pm to
quote:

So you get paid monthly ?


Yeah... So what?
Posted by Teddy Ruxpin
Member since Oct 2006
39553 posts
Posted on 4/6/13 at 7:14 pm to
quote:

The problem I have with that is your "better" years are your younger ones. You are basically doing without for a better tomorrow. Without knowing if you will be in a state to enjoy it, or even there to see it.


I didn't give all the facts. This rate is temporary for a big purchase. I'm going to India this year.

frick dying with lots of money and not doing anything with it.
This post was edited on 4/6/13 at 7:15 pm
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7122 posts
Posted on 4/6/13 at 9:07 pm to
About a third of my paycheck goes to taxes

Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 4/6/13 at 9:23 pm to
I spend about 95% of my paycheck on food ... No lie ... Good thing Mrs. Threeputt works
Posted by TyOconner
NOLA
Member since Nov 2009
11080 posts
Posted on 4/6/13 at 9:29 pm to
quote:

I spend about 95% of my paycheck on food


Sounds like some solid financial budgetting and a good plan for your future. Keep up the good work.
Posted by Bestbank Tiger
Premium Member
Member since Jan 2005
70851 posts
Posted on 4/6/13 at 9:30 pm to
quote:

So you get paid monthly ?


I thought it was daily.

LOL y'all poor.
Posted by threeputt
God's Country
Member since Sep 2008
24791 posts
Posted on 4/7/13 at 9:50 am to
quote:

ounds like some solid financial budgetting and a good plan for your future. Keep up the good work.



Thanks for the advice. We will be just fine


ETA: but I was curious so I did actually track it the last few months and that 95% number is pretty much spot on
This post was edited on 4/7/13 at 10:19 am
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72460 posts
Posted on 4/7/13 at 9:58 am to
quote:

Starbucks: 50%



Posted by AutoYes_Clown
Baton Rouge, LA
Member since Oct 2012
5172 posts
Posted on 4/7/13 at 10:05 am to
A paycheck means reporting to the IRS.
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