Tag: Budget
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Fun with Numbers
Introduction: Intention is to be transparent about spending for the past calendar year. Living expenses, excluding income tax, totaled $37,000. Assuming an 11% marginal income tax rate, this level of spending requires income of $42,000, below the US GDP per capita of $70,000. Expenses: Living expense $19,000:– Rent: $11,000 (record hostels and AirBnB as rent…
garthmonroe 