View Single Post
Old 05-02-2008, 03:02 PM  
Sly
Let's do some business!
 
Sly's Avatar
 
Industry Role:
Join Date: Sep 2004
Location: Austin, TX
Posts: 31,359
Quote:
Originally Posted by Mutt View Post
i dunno what the income tax rate is on 40K income - 20%? so that leaves 32K to live on - rent for a decent place - 12K a year - leaves 20K - car - food - entertainment

can't support a family on 40K very well but for a single person - not that bad.
Well, I don't know about Indiana... but $1000 a month on your home in Iowa buys you a family home. You can rent apartments for $300-500, nice ones at that.

A salary for a 22-year-old fresh out of college of $40,000 is not bad at all... I don't know why people think awesome jobs just pop up out of nowhere.
__________________
Vacares - Web Hosting, Domains, O365, Security & More - Paxum and BTC Accepted

Windows VPS now available
Great for TSS, Nifty Stats, remote work, virtual assistants, etc.
Click here for more details.
Sly is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote