nevermind.
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Who would work for that?..lol
I'm guessing you are talking $'s -
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The last time I made $9 an hour was back in 1990 or so...Comment
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LOL my fiance makes $30/hr and works 70 hrs/wk trying to save up money... I told her If she wants to have anything other than a vegas wedding SHE had to pay for it cause I wouldn;t-- QUOTE ME IT MAKES ME FEEL SPECIAL --Comment
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psst... "fiance" = boy. "fiancee" = girl.
Semantic, maybe, but worth pointing out, imho.
And, yeah - weddings can get expensive. We're in the process of saving, too, and it looks like we're gonna have to take a loan to make it happen.
I guess someone _could_ live on $9 per hour... even in L.A.... but it wouldn't be pretty.-D.
ICQ: 202-96-31Comment
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imagine living in 5/hr lolComment
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i dont see how it would work unless you are 15 living in your parents house. $5/hour at a 40 hour week is $10,400 a year
My mid/low end living costs in the US:
Rent: $600
Car: $300
Food: $250
Gas: $100
Insurance: $100
Other stuff: $150
Total $1500
(i know you can live on less, but im assuming this is the average)
that means you have to make $2142 BEFORE taxes (assuming the IRS takes 30% of your check)... which is $12.36 hour
math = ((2142*12)/52)/40=12.36Email: Clicky on MeComment
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Your standard "vegas wedding" is like spending a total of $1500-$2k including flying both of you in and staying in a 3-4 star "average" hotel
A quick and easy drive-in type wedding is the point, if I want a destination type wedding it sure as hell wouldn't be vegas. It would be the bahamas or florida so the kids can hit disney world again.-- QUOTE ME IT MAKES ME FEEL SPECIAL --Comment
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jesus... I spend that much on boozeComment
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9*24*30*365
I wouldn't mind making $2,365,200 a year.Comment
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I dont see it being possible.. unless you are living on the streetsComment
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First of all minimum wage is $5.85 an hour not $5 and it's goes up to $6.55 this July and up to $7.25 in July 2009. Secondly the IRS wouldn't take 30% of your taxes if you made that little. In fact even if you made $100K a year the IRS wouldn't take 30% of your money even if you include FICA taxes. People WAY overestimate how much the IRS can actually take from you. If I win $100 MILLION in the powerball lottery the most I'd pay is 35%i dont see how it would work unless you are 15 living in your parents house. $5/hour at a 40 hour week is $10,400 a year
My mid/low end living costs in the US:
Rent: $600
Car: $300
Food: $250
Gas: $100
Insurance: $100
Other stuff: $150
Total $1500
(i know you can live on less, but im assuming this is the average)
that means you have to make $2142 BEFORE taxes (assuming the IRS takes 30% of your check)... which is $12.36 hour
math = ((2142*12)/52)/40=12.36
Say you made $10 an hour that's about $21,000 a year. Now say you're single and have no dependants other than yourself and no fancy deductions. In other words this is the WORST tax situation to be in. FICA taxes would be about $1600 a year. As for income taxes.
for 2007
Gross income $21,000
-$5350 for standard deduction
-$3400 for dependant( yourself )
taxble income $12,250
The first $7850 of taxble income is taxed at 10% for single people. The remaining $4400 is taxed at 15% for a total of ~$1400
So FICA tax $1600
Income tax $1400
TOTAL $3000
After tax income 18,000. Monthly average $1500
So you can clear $1500 a month by making about $10 an hour not $12.36Comment
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my last job 3 years ago (wow, cant believe its 2008 already) i made $72,000 a year and I had over 35% of my money taken out. however, i did get a lot back at the end of the year, but that is pretty much the norm. As well, my ex made $38,500 a year and it was about the same (2 selections on the w4 or whatever the IRS form was).
im basing those numbers from California because thats the only place ive really ever worked and made more than $6 an hour. when i was in college i made $5.85 working at the school library and i do remember hardly any taxes taken out but i thought that was because of it being a state funded school.Last edited by 96ukssob; 01-28-2008, 06:13 PM.Email: Clicky on MeComment
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where the hell are you getting rent for 600? then turn around and spend 300 on a car?
but you are right it takes at least 1500 a month if you are single to live.
i dont see how it would work unless you are 15 living in your parents house. $5/hour at a 40 hour week is $10,400 a year
My mid/low end living costs in the US:
Rent: $600
Car: $300
Food: $250
Gas: $100
Insurance: $100
Other stuff: $150
Total $1500
(i know you can live on less, but im assuming this is the average)
that means you have to make $2142 BEFORE taxes (assuming the IRS takes 30% of your check)... which is $12.36 hour
math = ((2142*12)/52)/40=12.36
Comment
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I just guessed. If you lease then its about $200 a month i suppose, but my friend bought a civic and he pays around $300 a month
but $600 a month for rent i pulled out of my ass. i wish i paid that much, but ive seen 1 bedroom apts going for about that outside of LA and NYEmail: Clicky on MeComment
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If you get money back then you don't get 35% taken out at the end of the day. And if you did get 35% taken out of your paycheck it's YOUR fault. If you file your w-4 form correctly you shouldn't get anymore taken out than you should be paying in. So when you file your taxes you wouldn't get a refund but you wouldn't have to pay either.
So no I'm not going to say someone making $12.36 an hour is going to get 35% taken out when he clearly won't if he knows how to file a w-4 correctly.Comment
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$9/hour is pritty good for you since you work at McDonalds. :DComment
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You'd be surprised.
I worked at walmart for $7/hr right out of high school, lol... rented a house with 5 friends and still somehow managed to have enough money to party every night. Looking back, it's pretty crazy. I make more in a day now than I did in a month back then, but at the time 7 bucks seemed like a pretty good deal.Comment
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Shit man, I live in a nice house that I rent here in Vegas for $1000.00 a month. 9 miles from the strip.
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