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money:taxes [2020/05/02 10:07]
admin old revision restored (2020/04/24 16:50)
money:taxes [2020/05/02 10:08] (current)
admin old revision restored (2020/04/24 16:50)
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 | Normal month | Pay 1% of balance, auto-transfer | I feel like no | | Normal month | Pay 1% of balance, auto-transfer | I feel like no |
 | $10K in 0% debt, normal scenario | Make average of 8% on it, so $800 in taxable income a year | Too little money for my sanity | | $10K in 0% debt, normal scenario | Make average of 8% on it, so $800 in taxable income a year | Too little money for my sanity |
-| $50K in 0% debt, normal scenario | Make average of 8% on it, so $4000 in taxable income a year \\ Monthly min payment of $500 | Now we're talking :-D \\ So easily I am swayed... \\ //Yet the amount of work/​headache is X 5. Hmm... | +| $50K in 0% debt, normal scenario | Make average of 8% on it, so $4000 in taxable income a year \\ Monthly min payment of $500 | Now we're talking :-D \\ So easily I am swayed... \\ //Yet the amount of work/​headache is X 5. Hmm...// 
-| Lose job with $10K of debt coming due in next 3 months | Sell stocks to cover balance after unemployment | Not so bad w/ savings |+| Lose job with $10K of debt coming due in next 3 months | Sell stocks to cover balance after unemployment | Not so bad with savings |
  
 ===== Solo 401k ===== ===== Solo 401k =====
money/taxes.txt · Last modified: 2020/05/02 10:08 by admin