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re: Feeling broke on a $665K salary

Posted on 1/21/24 at 11:02 am to
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
8115 posts
Posted on 1/21/24 at 11:02 am to
I’ve run across people like this. It’s actually pretty common. I’ve seen professionals in this income range who weren’t able to pay their taxes because they didn’t have the cash.

People spend too much, pay very high tuition for their kids, get in debt, etc. You think there is no way this should happen, but it does.
Posted by Jenious
Member since Apr 2020
426 posts
Posted on 1/21/24 at 12:33 pm to
quote:

I’ve run across people like this. It’s actually pretty common


Another thing that is pretty common is that individuals don't live their lifestyle according to their base salary. They're adding in OT, commissions, bonuses when none of that is even guaranteed.
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