How much money do you have left from your job? - page 23.

Factmine

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Quote from: Razick on December 09, 2016, 03:30:46 PM

Quote from: el kaka22 on December 09, 2016, 08:46:58 AM

Quote from: simpler2016 on December 09, 2016, 06:07:32 AM

I earn very little on my main work. So I am constantly looking for additional sources of income. I am ready to work hard to save up for a start-up capital for investment

I like to suggest to invest only with the bitcoin and do not look for the any other investments for investing your bitcoins. Hopefully thanks to many opportunities which are available here in this forum, you will get more additional income to build up a good capital. Save them and save in bitcoins.

HORRIBLE idea. You should be diversified into stocks, bonds AND alternatives such as Bitcoin, real estate or P2P Lending.

Though the bitcoin suggestion is good, I agree that you need to diversify your investments and not rely solely on Bitcoins. There are plenty of times that the prices of bitcoins just suddenly dropped and that might hurt your investments. But it goes up again after it drops so probably you could look for that next drop then you can ride the wave going up.

Razick

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Quote from: el kaka22 on December 09, 2016, 08:46:58 AM

Quote from: simpler2016 on December 09, 2016, 06:07:32 AM

I earn very little on my main work. So I am constantly looking for additional sources of income. I am ready to work hard to save up for a start-up capital for investment

I like to suggest to invest only with the bitcoin and do not look for the any other investments for investing your bitcoins. Hopefully thanks to many opportunities which are available here in this forum, you will get more additional income to build up a good capital. Save them and save in bitcoins.

HORRIBLE idea. You should be diversified into stocks, bonds AND alternatives such as Bitcoin, real estate or P2P Lending.

Razick

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I make about $10,000 in the United States but I only work about 1000 hours per year and it's a fast food job that requires no experience. I pay 7.6% FICA taxes and 10% income taxes after the first $7,200 which is tax free. There is also an 8.25% sales tax in Texas but that's paid only on purchases and there is no state income tax (Texas is great).

So after FICA and Income taxes I keep about $8,700. Right now every bit of that is going to college expenses but I have some savings that I keep on hand. I'm also taking out student loans.

----

Lest anyone think America sucks based on this post... This is a seriously bottom-rung job that I only keep because they are flexible while I'm in college. There are numerous opportunities to earn much more. America has issues, but the reality is most people have the opportunity to do much better than that.

I'm not trying to insult other countries either, but the story that free market economics has failed and that America is no longer a good place to live is a complete lie. We are becoming more and more socialistic which is a problem, but our free market foundation is still pretty great.

The median household income is $53,657 (mean is $69,821) (lower than in 2007 after adjusting for inflation).

kryptqnick

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I have nothing left so far. I don't work full-time, though and live in a Post-Soviet country as well. I hope after I finish my studying I'll be able to get some other money and leave it for other case. I think 10k per year is actually very good, I know people working full-time and earning 300$ per month and they have nothing left.

CyberKuro

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Quote from: Fatanut on December 09, 2016, 03:56:05 AM

Quote from: darkangel11 on December 07, 2016, 04:55:07 PM

Nothing really. Nowadays it's impossible to save money unless you have a really good paying job. To buy a decent house you need to work for at least 20 years and save every penny, but you have to eat something and live somewhere while doing it. I might save up by not buying any electronics, using an old phone and walking everywhere, but that would make my life too miserable.

It's all about saving your money.

Use the formula: Disposable income - Saving = Consumption. You don't need to buy a decent house. If you can't afford to buy one, then most probably you won't be able to afford the maintenance of the house as well. Don't just depend on one source of income. For sure you don't have work during the weekends, I recommend that you look for part time jobs during those day. Maximize your time and spend most of your time reading things about ways to make money.

Get a good paying job is what everyone wants but how about make your own business, I mean if you could get a job and have another source of income, it would be great, right.
I don't have any job right now but looks like all of my peers were had one, I will get one for me in the next year hopefully.
I have planning about my source of income and savings but due to I do not have a job I can't calculate how much exactly I get in a year.
I think if my job pays around $150-200 per month, and then income-saving-tax-expenses (daily needs) * 1 year = maybe about $200-300 per year, well not sure yet.

Factmine

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All that's left of my money goes into my household. Everybody does this in my place so we could pay off rent and basic services like electricity, water and internet. I get around $50 left from my monthly salary and put half of that in the household like I said and send the other half to my family back in the province. Maybe one day I could save up money. Working for money in this forums could possible help me out, I'd have to find something to offer tho.

Lituation

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I get to have a holiday and raise two children every year, we eat well and have a home. What is left is not much but we have enough to get by.

el kaka22

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Quote from: simpler2016 on December 09, 2016, 06:07:32 AM

I earn very little on my main work. So I am constantly looking for additional sources of income. I am ready to work hard to save up for a start-up capital for investment

I like to suggest to invest only with the bitcoin and do not look for the any other investments for investing your bitcoins. Hopefully thanks to many opportunities which are available here in this forum, you will get more additional income to build up a good capital. Save them and save in bitcoins.

simpler2016

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I earn very little on my main work. So I am constantly looking for additional sources of income. I am ready to work hard to save up for a start-up capital for investment

Fatanut

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Quote from: darkangel11 on December 07, 2016, 04:55:07 PM

Nothing really. Nowadays it's impossible to save money unless you have a really good paying job. To buy a decent house you need to work for at least 20 years and save every penny, but you have to eat something and live somewhere while doing it. I might save up by not buying any electronics, using an old phone and walking everywhere, but that would make my life too miserable.

It's all about saving your money.

Use the formula: Disposable income - Saving = Consumption. You don't need to buy a decent house. If you can't afford to buy one, then most probably you won't be able to afford the maintenance of the house as well. Don't just depend on one source of income. For sure you don't have work during the weekends, I recommend that you look for part time jobs during those day. Maximize your time and spend most of your time reading things about ways to make money.

carlisle1

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Quote from: arwin100 on July 01, 2016, 06:36:48 AM

In my country theres a law that minimum wage earners are exempted to tax thats why we really dont mind the taxes implemented by goverment but theirs VAT when we buy some basic goods And thats ok since its helping my countries economy and my salary left is enough to survive for 1 month and wait another salary date.

yeah although we are exempted to the tax imposed by government to the employees as we are just a minimum wage earner but still we are a taxpayers because of what we called VAT or Value Added Tax yes maybe it could help the economy but I didn't feel it from the past few years .

darkangel11

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Nothing really. Nowadays it's impossible to save money unless you have a really good paying job. To buy a decent house you need to work for at least 20 years and save every penny, but you have to eat something and live somewhere while doing it. I might save up by not buying any electronics, using an old phone and walking everywhere, but that would make my life too miserable.

X-ray

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Quote from: stark101 on December 05, 2016, 12:38:53 AM

Yes i need a lot of money to buy the things i want but if i have that permanent job, well even there is one person give me the chance to have much money, i will never left my permanent job. Why? because not all people given the chance to have stable job and we all know that todays generation is very hard to find a job that is permanent. Being have a lot of money is very easy to achieve if you only have the hard work and goals in life.

there's no permanent job,you may get fired anytime as your bosses want if you're doing a mistake even there's a regulation that protect the workers
maybe you're reffering to job contract that will paid you as long as the contract written for exact years or considered by the compabies as an official workers so you have smaller chance to get fired or ended the contract

buwaytress

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Quote from: stark101 on December 05, 2016, 12:38:53 AM

Yes i need a lot of money to buy the things i want but if i have that permanent job, well even there is one person give me the chance to have much money, i will never left my permanent job. Why? because not all people given the chance to have stable job and we all know that todays generation is very hard to find a job that is permanent. Being have a lot of money is very easy to achieve if you only have the hard work and goals in life.

I have been searching for a stable job with increasing urgency as I get older... And I realise now it is almost impossible to get one unless I am willing to start at the same level as people 15 years younger.

True, a lot of experience gained but I envy the sense of security and stability my peers have, especially those in civil service.

stark101

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Yes i need a lot of money to buy the things i want but if i have that permanent job, well even there is one person give me the chance to have much money, i will never left my permanent job. Why? because not all people given the chance to have stable job and we all know that todays generation is very hard to find a job that is permanent. Being have a lot of money is very easy to achieve if you only have the hard work and goals in life.

Shady

full member

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Life is a game, you either play it or get played.

~7,500 USD, I buried my income in investments... Typically they go up so I pocket excess amounts.

I just got out of college and work at home so there's not much else I have to pay for because of my dad.

My assets consist of social properties and websites designed around them.

romero121

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From the past job, I left around $500 unpaid. During those days my yearly earning was around $5000. Now with hope on the go to find a better job to earn high than the past. But in reality average salary in our country is the same around $5000 to $10000.

Zadicar

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Quote from: mace15 on November 28, 2016, 02:59:23 AM

In my country minimum wage earner is less tax paying in the
government. But the salary wage per year is $3000 only, so thats
why other professionals are wanted to work abroad to earn
high salaries. Because of salary here in my country is not that high.
Thus, mostly here are looking for extra income just to earn for a living.

Migrating of workers is just normal on a particular country because if they lived on a 1st world country their earning would be only enough but if we compare it too poor or developing countries its already high,it depends on the standards of living and economic state. People would really tend to find good or other ways to earn more and maximizing the possibilities of earning more money for their living and everybody will surely do that.

yayayo

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Quote from: buwaytress on November 28, 2016, 02:02:02 AM

Quote from: Enotche on July 01, 2016, 05:54:07 AM

Quote from: HCLivess on July 01, 2016, 04:24:37 AM

I want to talk about salaries. How much $ do you have left after paying taxes, rent, and basic expenses (electricity, water)
I get $10 000/y like a fucking slave
My spending basic is $5 000 / year, including food, $2 500 without food
I live in the former SSSR
Another reason to move away

Also they give me these communistic so called "benefits" when you get like prepaid cards for predefined services

You must be joking? $ 10,000 a year?
I get $ 2,300 a year! I worked in the fire protection with a salary of 185 dollars a month. Now I try to get a job in a special communication with the same salary.
Taxes in Russia about 50-60%.

P.S
I looked at your profile, that you are from the Czech Republic. I was born there, but I live in Russia. Ohh ... better to live in the Czech Republic, seriously.

I can truly sympathise with you. Were I still employed I would have taken home on a very good job USD6,000 per year pre-tax (min wage is almost USD 2,000 annually). At that bracket tax is only (!) 20% so let us say I end up with $4800 a year.

Forget expenses, I really don't spend more than i have to. I was able to send money home to parents like most Asians do= 3,000 per year. I have virtually no savings of my own.

So the simple answer is I can keep 3,000 per year. I rent a space in a flat (not a room), cook meals for many ppl to cut costs. we use basic free internet. So I can live on very little.

It seems like a good deal but only if you don't mind living this life every day and have nowhere to go.

These examples nicely illustrate that it makes absolutely no sense to compare absolute dollar/Bitcoin amounts. Depending on the country you live in, it may be possible to have an upper class lifestyle with an income that would be insufficient to rent an apartment in other countries. You always have to take into account the cost of living in your area.

It's true however, that life tends to be a lot harder in most socialist countries compared to those which have more market oriented economies. The reason is the high tax burden, combined with excessive economic restriction (for example operating a business) that is symptomatic for these countries. The collected tax is then squandered by an oversized bureaucracy with little benefits left over for those in need.

ya.ya.yo!

mace15

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In my country minimum wage earner is less tax paying in the
government. But the salary wage per year is $3000 only, so thats
why other professionals are wanted to work abroad to earn
high salaries. Because of salary here in my country is not that high.
Thus, mostly here are looking for extra income just to earn for a living.

Topic: How much money do you have left from your job? - page 23. (Read 12525 times)