Re:Ask HN: I can't do this anymore, I need help
by Kurtz79 on Monday March 31, 2014 @07:40AM
(#7500785)
He probably meant 60/70% of that income after taxes.
Still, it's kind of hard. Usually places with six figures jobs tend to have high rents.
I'm nowhere near that figure, and more than a fourth of my monthly net income goes towards paying the rent.
> Next, live like a pauper, saving 60-70+% of that income.
I had a job in San Francisco with a baseline salary of $90k and total cashlike compensation (stocks / annual bonus) raising it just over $100k. Low end, but that's six figures.
Largest single item on my budget: taxes, at roughly 35% of my pay. Saving 70% of my nominal "income" would have been grossly illegal.