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re: Break it down - your finances

Posted on 4/28/15 at 8:51 am to
Posted by STLhog
Nashville, TN
Member since Jan 2015
17742 posts
Posted on 4/28/15 at 8:51 am to
I realize this.

I'm 26 and work for a CPG and thought I got paid pretty well. Maybe taxes just suck arse here in ghetto STL but I net a lot less than what some of these guys are saying.

Are people confusing net and gross per month?

Some of the "nets" seem super high for the younger crowd.
This post was edited on 4/28/15 at 8:52 am
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71687 posts
Posted on 4/28/15 at 8:55 am to
quote:

Some of the "nets" seem super high for the younger crowd.



People aren't including retirement in the net, but they're coming out and saying retirement contributions, so it's a wash.

Honestly, I've been a poster on the MT for awhile, and usually it's pretty obvious I make on the low end of the spectrum.

I think of it like this: If you sampled hockey knowledge from average Americans, they'd have no idea what you're talking about. If you sampled hockey knowledge from a Boston Bruins playoff arena, you'd have a much higher rate of understanding of the game.

A la most people that come here have a higher understanding of wealth and money.
This post was edited on 4/28/15 at 8:59 am
Posted by KG6
Member since Aug 2009
10920 posts
Posted on 4/28/15 at 8:57 am to
Yeah, some of the net values seem high. To be honest, I don't really know off hand what I "net". I know what I take home, but that's after 401k, health/life insurance, ESPP, and other things that are actually personal expenses and savings. So technically it's money that should go into the "net" column and then be listed as an expense. I do know that I get less than half of what is listed on the top of my paycheck deposited into our checking account. It's depressing
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