Quote:
Originally Posted by kork13
I've been saving/investing about 32% of my gross every month
I've been living on ~68% of my income.
|
That's terrific, and remember, that doesn't count taxes.
Personally, about 30% of income goes to taxes and health insurance premiums. Another 21% goes to savings. That means we actually live on about 49% of my gross income. My wife does work PT but 50% of her gross goes to 401k and after taxes, her take home is minimal (about $50/week).