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JV Jones and YourPalSal discuss why you should be focused on not just taxes that the government takes, but you should also be taxing yourself to get out of debt and have financial independence quicker.
Show Links
https://www.valuepenguin.com/average-household-budget From website $63,784.00 Monthly Fed $7,654.08 12.00% $637.84 FICA $5,102.72 8.00% 20.00% $425.23 Housing $10,205.44 16.00% 36.00% $850.45 Util $7,016.24 11.00% 47.00% $584.69 Trans $8,929.76 14.00% 61.00% $744.15 Food $6,378.40 10.00% 71.00% $531.53 Debt $5,102.72 8.00% 79.00% $425.23 Healthcare $3,827.04 6.00% 85.00% $318.92 Clothes/shoes $1,913.52 3.00% 88.00% $159.46 Entertainment $2,551.36 4.00% 92.00% $212.61 Education $1,275.68 2.00% 94.00% $106.31 Vices,Misc,PersonalCare $1,913.52 3.00% 97.00% $159.46 Savings $1,913.52 3.00% 100.00% $159.46 $0.00 $63,784.00 $5,315.33 After making radical changes $63,784.00 Monthly Fed $7,654.08 12.00% $637.84 FICA $5,102.72 8.00% 20.00% $425.23 Housing $5,102.72 8.00% 28.00% $425.23 Util $1,913.52 3.00% 31.00% $159.46 Trans $3,189.20 5.00% 36.00% $265.77 Food $5,102.72 8.00% 44.00% $425.23 Debt $0.00 0.00% 44.00% $0.00 Healthcare $3,827.04 6.00% 50.00% $318.92 Clothes/shoes $637.84 1.00% 51.00% $53.15 Entertainment $3,827.04 6.00% 57.00% $318.92 Education $637.84 1.00% 58.00% $53.15 Vices,Misc,PersonalCare $1,275.68 2.00% 60.00% $106.31 Savings $25,513.60 40.00% 100.00% $2,126.13 $0.00 $63,784.00 $5,315.33 https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html
By salem hamidiJV Jones and YourPalSal discuss why you should be focused on not just taxes that the government takes, but you should also be taxing yourself to get out of debt and have financial independence quicker.
Show Links
https://www.valuepenguin.com/average-household-budget From website $63,784.00 Monthly Fed $7,654.08 12.00% $637.84 FICA $5,102.72 8.00% 20.00% $425.23 Housing $10,205.44 16.00% 36.00% $850.45 Util $7,016.24 11.00% 47.00% $584.69 Trans $8,929.76 14.00% 61.00% $744.15 Food $6,378.40 10.00% 71.00% $531.53 Debt $5,102.72 8.00% 79.00% $425.23 Healthcare $3,827.04 6.00% 85.00% $318.92 Clothes/shoes $1,913.52 3.00% 88.00% $159.46 Entertainment $2,551.36 4.00% 92.00% $212.61 Education $1,275.68 2.00% 94.00% $106.31 Vices,Misc,PersonalCare $1,913.52 3.00% 97.00% $159.46 Savings $1,913.52 3.00% 100.00% $159.46 $0.00 $63,784.00 $5,315.33 After making radical changes $63,784.00 Monthly Fed $7,654.08 12.00% $637.84 FICA $5,102.72 8.00% 20.00% $425.23 Housing $5,102.72 8.00% 28.00% $425.23 Util $1,913.52 3.00% 31.00% $159.46 Trans $3,189.20 5.00% 36.00% $265.77 Food $5,102.72 8.00% 44.00% $425.23 Debt $0.00 0.00% 44.00% $0.00 Healthcare $3,827.04 6.00% 50.00% $318.92 Clothes/shoes $637.84 1.00% 51.00% $53.15 Entertainment $3,827.04 6.00% 57.00% $318.92 Education $637.84 1.00% 58.00% $53.15 Vices,Misc,PersonalCare $1,275.68 2.00% 60.00% $106.31 Savings $25,513.60 40.00% 100.00% $2,126.13 $0.00 $63,784.00 $5,315.33 https://www.census.gov/library/stories/2019/09/us-median-household-income-up-in-2018-from-2017.html