Speaking of successful IN New York....
Fuck making $250, can you hit .250? Asking for a friend that's 4 games above .500 yet in deadass last. Commute would be to Highbridge/Concourse area in The Bronx; no work from home option.
REMINDER: THE ARENA PLATFORM, INC. has no obligation to monitor the Forums. However, THE ARENA PLATFORM, INC. reserves the right to review any materials submitted to or posted on the Forums, and remove, delete, redact or otherwise modify such materials, in its sole discretion and for any reason whatsoever, at any time and from time to time, without notice or further obligation to you. THE ARENA PLATFORM, INC. has no obligation to display or post any materials provided by you. THE ARENA PLATFORM, INC. reserves the right to disclose, at any time and from time to time, any information or materials that we deem necessary or appropriate to satisfy any applicable law, regulation, contract obligation, legal or dispute process or government request. Click on the following hyperlinks to further read the applicable Privacy Policy and Terms of Use.
I need a side hustle
- Thread starter $kully
- Start date
Fuck making $250, can you hit .250? Asking for a friend that's 4 games above .500 yet in deadass last. Commute would be to Highbridge/Concourse area in The Bronx; no work from home option.
How much of the $250k do you take home after taxes and what is a month mortgage on Long Island now?
let's see. the feds take 39%, state takes another 10%. Ouch.
decent but not outrageous 2000 sq ft single family home in Long beach is easily $850-1 mil now. So, figure 7k a month? More?
Long Beach is still sort of middle of the road expensive. there are suburban zip codes nearby that are FAR pricier. Old Westbury, Garden City, many of the north shore communities, that same 2000 sq ft home might be 2 mil. a larger house on a private acre or two will quickly get into the several million dollar range
decent but not outrageous 2000 sq ft single family home in Long beach is easily $850-1 mil now. So, figure 7k a month? More?
Long Beach is still sort of middle of the road expensive. there are suburban zip codes nearby that are FAR pricier. Old Westbury, Garden City, many of the north shore communities, that same 2000 sq ft home might be 2 mil. a larger house on a private acre or two will quickly get into the several million dollar range
39%? You'll be getting a big refund. Fed taxes on $250K for 2023 for a single person come out to 23.8%.
I won't deny this. I'm hardly a shining example of frugality
I don't really know, i have an attorney handle that stuff. I haven't gotten a federal refund in years. But i think it also has something to do with how much is withheld from draw checks versus commission checks.
I DO get a decent STATE refund every year.
That's not what I asked. I asked how much you're taking home counting social security, Medicare, federal and state taxes, including property taxes. Gross vs. net.
I calculated about 40% of my gross pay was going out to taxes of one form or another.
For real, how did we let this happen? Taxed when you receive it, when you move it, when you spend it, when you want to keep the thing you spent it on, when you sell the thing you spent it on...
But now you are. Maybe learn to make money before you comment on how much is enough/too much in a high CoL area.And I wasn't responding to you
That sounds a little bit high for effective rate but if you back of the napkin federal, state, and city, you're going to come up with something pretty high.
To address the math, I'd put $250 gross to be $165ish post-Fed/State/City.
$165k take home in most B/C cities and towns is a very, very comfy pile. In NY, SF, LA, DC, and I'd assume Boston, you're not really all that.
Asterisk Miami/FLL/Palm Beach. $165k is all that earnings-wise, but everyone's leveraged and indebted six ways to Sunday. The financial situation there is like being caught inside with a bunch of people on bigger boards. You're struggling to keep up....until one thing goes wrong and it's time to duck dive. You surface and there's people tumbling backwards in the soup. When the set is done they're inside and you're stroking in the green out the back.
Shark snacks is speaking truthiness
f-ing NYC has their OWN 4% income tax. I saved myself several grand just by moving out of Brooklyn 9 years ago (but added to my commuting and vehicle costs)
f-ing NYC has their OWN 4% income tax. I saved myself several grand just by moving out of Brooklyn 9 years ago (but added to my commuting and vehicle costs)
It's always "Heads they win/tails you lose." I am extremely frugal and every year find less in my take-home pay or higher expenses.
Welcome to America!
I pretty much worked around surfing until I was 25, got a real job and got married. The wife lasted 3 years but by that time I figured out that if I wanted to coast after 40 there was going to be some sacrifices involved and living walking distance to surf was one of them. Two weeks twice a year was surfing, the rest lots of overtime. I beat my 40 y/o goal by a few months based on living on the equivalent of social security. Made a few deals, worked overseas to make enough money to buy some property and never looked back. My wife was a school teacher, they make jackshit. Somehow we made it through, kids and all and I got to surf whenever I wanted. My wife knew that was gonna happen before the first time I saw her disrobed. We have everything we need, don’t owe anyone nuthin, can help the kids when they need it, got it covered.
I can see doing the hustle in the 808, there’s good surf ffs. The continental USA, flat fogetaboutit.
Yeah I work hard and my job is stressful but life here is made much more fun with sufficient money to live well at home, and travel often-ish. I wouldn’t want to be poor in the northeast (or anywhere, but; this region is way more fun with disposable income)
that said if I can make Nicaragua a reliable earner, and then rent my Long Beach home every summer, I’m eyeballing 3rd world oceanfront early “retirement”. Maybe in a decade
that said if I can make Nicaragua a reliable earner, and then rent my Long Beach home every summer, I’m eyeballing 3rd world oceanfront early “retirement”. Maybe in a decade
Self employed tax is brutal.
Pre Covid i had a pretty nice run for about 30 months. In 2019 I wrote a check to the Federal IRS for $43K which is fuuuucking insane. I incorporated in 2019. If you’re self employed out there, please incorporate.
Pre Covid i had a pretty nice run for about 30 months. In 2019 I wrote a check to the Federal IRS for $43K which is fuuuucking insane. I incorporated in 2019. If you’re self employed out there, please incorporate.
Hustling in the 808 here. It’s a grind but I take my son to the beach almost everyday and I surf 2-5 times a week. I dont ever complain about the cost of living. Not like it’s much cheaper in coastal CA anyway.