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Reply to "Talk to me about personal bankruptcy"
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[quote=Anonymous]Okay - I've looked more closely at tax rates and fica, and made an estimate for health insurance, and reduced the take-home. SHe can still live comfortably. Frankly, I'd get rid of the car and ride a bike to work - saves $6400 a year. And have no phone. Gross Salary $10,833 Taxes - STate and Fed $2,956 FICA $745 Health Insurance $300 Net $6,833 Expenses Student Loans $2,300 Housing $1,500 Child Care $1,200 Food $750 Utilities $150 Car Note $350 Clothes $100 Gas $100 car insurance $83 Phone $60 MIsc $240 Total Expenses $6,833 Net $0[/quote]
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