Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "How to budget when your income is all bonus?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous] OP here, how much is your slush fund? Do you not feel like you would have a much better quality of life if you are able to use more than 20% is your earnings?[/quote] Our aggregate HHI is about $6mm (not including return on investments, which just get immediately reinvested) so we live on about $1mm (gross) and save the rest. We generally set aside about $250k for our slush fund. I see your point about lifestyle - the difference between a $1mm and $6mm lifestyle isn’t too life changing, but $350k to $1mm can be. At your income, I would probably try to save $150k from each bonus to live off of the next year, then save the rest. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
