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re: If you got paid your entire net annual salary on January 1st, could you do it?
Posted on 2/17/19 at 8:15 pm to toosleaux
Posted on 2/17/19 at 8:15 pm to toosleaux
quote:
Would you accept it if your job offered it?
I pay my entire Federal and state income tax bill on Feb 28. Would you do that if you could?
Posted on 2/17/19 at 8:18 pm to Lsupimp
quote:
have not had a salary since 2003. I would find a salary demoralizing and I’m too lazy by nature to keep my head in the game without a financial motivation
Salary + bonus
Posted on 2/17/19 at 8:18 pm to fightin tigers
quote:
What happens when you lose your arse because of a down year?
Well I guess that’s why I would invest wisely.
Posted on 2/17/19 at 8:20 pm to yellowfin
quote:
No way. I’d pay way more taxes that way
How so? Even ig true would you rather have $.7 of $1 or nothing?
Posted on 2/17/19 at 8:21 pm to yellowfin
quote:
No way. I’d pay way more taxes that way
quote:
entire net annual salary
I'd assume the hypothetical has everything being the exact same except for the date of the check.
Posted on 2/17/19 at 8:21 pm to toosleaux
Sure, then I’d find a new job
Posted on 2/17/19 at 8:23 pm to toosleaux
Would be really hard to give a frick every week if there wasnt a check coming on Friday.
Posted on 2/17/19 at 8:24 pm to toosleaux
Sure. I rarely know when it’s payday anyway.
I manage my money pretty conservatively. If I didn't get paid for a year, or if I won a million bucks, my lifestyle wouldn’t change very much either way.
I manage my money pretty conservatively. If I didn't get paid for a year, or if I won a million bucks, my lifestyle wouldn’t change very much either way.
Posted on 2/17/19 at 8:27 pm to toosleaux
Absolutely, and I’d use the money to make money instantly.
Posted on 2/17/19 at 8:31 pm to toosleaux
I worked at a company that had employees in diamond mines in Africa and South America. They were paid in full every two years. It was some sort of tax benefit that I never understood. Some took money out of investment accounts but I spoke to two that only received income every 24 months.
Posted on 2/17/19 at 8:32 pm to toosleaux
Yep invest and make interest.
Posted on 2/17/19 at 8:45 pm to toosleaux
I wouldn’t make it to January 15th. I’d be dead about the fourteenth from all the blow and hookers.
Posted on 2/17/19 at 9:03 pm to toosleaux
Absolutely. I typically save $5000-$6000/month. Would be nice to have that to invest sooner.
This post was edited on 2/17/19 at 9:06 pm
Posted on 2/17/19 at 9:08 pm to fightin tigers
quote:
What happens when you lose your arse because of a down year?
You can find high interest checking and savings accounts that yield 2.5% interest.
Posted on 2/17/19 at 9:09 pm to toosleaux
No, my wife would blow through it before February.
Posted on 2/17/19 at 9:10 pm to PortHudsonPlaya
quote:
Absolutely. I typically save $5000-$6000/month
quote:
by PortHudsonPlaya
Nice edit from $4,000
Posted on 2/17/19 at 9:11 pm to toosleaux
Go straight to the roulette.
Always bet on green.
Always bet on green.
Posted on 2/17/19 at 9:12 pm to highcotton2
Why do you pay your federal income tax liability 45 days early? I understand filing early if you have a refund coming, but if I owe, I wait until April 15th. frick those guys. They've had some of my withholding for over 15 months. I'm not sending another nickel until I have to.
Posted on 2/17/19 at 9:37 pm to White Roach
quote:
Why do you pay your federal income tax liability 45 days early?
Farmers have to pay by March 1.
Posted on 2/17/19 at 9:48 pm to highcotton2
Ahhhh, that makes more sense now.
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