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charons-voyage t1_j13m1rl wrote

Reply to comment by man2010 in Suggestions for how to earn enough money to survive here? by ipsissimus666

With two young kids, $150K would be super tight. Daycare is like $4K/month. Rent/mortgage figure $3K/month, that’s $84K right there, leaving you with $66K or $5K/month for taxes, insurance, car/T, food, savings….yeah $150K is fine for a single dude, but pretty rough for a family.

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bakgwailo t1_j1g6t7r wrote

On $150k, you are looking at probably 40% in taxes (fed+state), social security, and deductions (health care, 401k, etc.

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