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How to save 100k per year in us


chinnabhai

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1 minute ago, chinnabhai said:

Question aa adikadha ...extra effort emanna pettocha ani to earn more and save more

US lo emuntai options. if you subject matter expert in your field. train students and you will get paisal to India account or 2 udyogalu through mestri

 

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1 minute ago, kathanayaka said:

US lo emuntai options. if you subject matter expert in your field. train students and you will get paisal to India account or 2 udyogalu through mestri

 

2 udyogalu possible aa bro 

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29 minutes ago, kathanayaka said:

only in contracting not if you are FT

Why not if you are a FTE? Can I not do one contracting and one FTE job. Needmore light on this please as I am contemplating.

TIA

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Just now, Meowmeow said:

Married taxes lower than single. Number 1 reason to get married. 

Not necessarily. Your tax amount may decrease but the overall tax amount wont. 

If you live in a state with state tax, atleast 25-30% will go in taxes, which is about 50K-60K (in a overall salary of 200K): SSN Tax: 7%, State Tax: 6% and remaining federal (there will be insurance and other things as well )

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1 minute ago, kathanayaka said:

taxes lower but expenses higher. it will even out le

Not true at all, we lived together for ~5 years before we got married, after getting married taxes are lower than before. Expenses are slightly lower, insurance is lower and taxes are even lower. That's why you should get married. 

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1 minute ago, AndhraneedSCS said:

Not necessarily. Your tax amount may decrease but the overall tax amount wont. 

If you live in a state with state tax, atleast 25-30% will go in taxes, which is about 50K-60K (in a overall salary of 200K): SSN Tax: 7%, State Tax: 6% and remaining federal (there will be insurance and other things as well )

True, saving only 20k if your salary is 120k is a crime. Maybe you can make adjustments to increase your savings. 

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2 hours ago, Meowmeow said:

Make 120k, marry someone who makes 80k. Save 20k from your salary and don't spend her salary. 

how stupid...u will end up with 20k once ur spouse kicks you out...

  • Haha 1
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