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Reply to "Family budget if your HHI is around 375k"
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[quote=Anonymous][quote=Anonymous]The original poster is netting 15k, but the next poster 'making the same income' is betting 19,500. Big difference and doesn't make sense?[/quote] Net income can vary a fair bit even though gross income is the same. For example, one household may have higher deductions for health insurance premiums, or other types of insurance offered through work. Some may withhold more for 401(k). Some households may not need to withhold childcare expenses from a flexible spending account, etc. Some households may be repaying a 401(k) loan, etc.[/quote]
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