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Relationship Discussion (non-explicit)
Reply to "Dealing with a spouse who wants a $4,000 vacation that is not affordable"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Vacation should be about 10% gross[/quote] [b]According to who[/b]?[/quote] The SAH who doesn't get that 10% "gross" actually comes from the NET which means the cost of the vacation is actually 10% gross + the withholding rate for that 10% so.... the vacation can cost way more than the 10% of the husbands income. Think of it this way.... a friend of mine who owns a book store told me that he has to sell 4 dollars worth of stuff from his store to earn 1 dollar of gross profit (take-home is after he pays taxes etc...). He said that any time his wife or kids wanted something he would tell them to get in the store and sell the equivalent amount. in this case... get in the store and sell 16K work of books. An another note.... who the heck actually thinks vacations should be 10% of gross income? that is insane! That is like saying amount spend on vacation should be equal to the base amount put into retirement. Vacations are a luxury not a necessity. [/quote]
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