Financial analysis for bay city electronics

David has a wealth of workforce planning, recruitment and onboarding experience across multiple industries.

Financial analysis for bay city electronics

Posted by Financial Samurai Comments Let me tell you a sad story. All expenses in my example use current prices. Half the US population lives on the coasts, therefore, this post is directly targeted at folks who need to live on the coasts because of their jobs, schools, or families. Forthe FICA tax rate for employers is 7.

An employee will pay a 6. Since both parents work, both parents pay the tax. At least both parents eventually gain when they collect Social Security. Child tax credit income thresholds have risen Bottom line: Of course, if you have a second kid, childcare expenses will increase, but probably not double due to synergies.

Further, given the family is living in a city like New York or San Francisco, food is world class, and on demand food delivery is ubiquitous.

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However, food is where this family can cut expenses if they start feeling a little tight. After getting some real mortgage quotes onlinemortgage interest rates are now reaching five year highs while property prices are also at five year highs.

The new home buyer is therefore getting squeezed. Some will say that spending three weeks of vacation is a luxury, but I say spending three weeks of vacation is normal for two working parents who want to keep their sanity.

By law, every country in the EU has at least four weeks of paid vacation days. Meanwhile, Brazil gets 41 paid vacations days a year.

Yes, their respective economies might be a mess compared to ours, but at least they are enjoying life! Even if you are the best driver in the world, one reckless drunk driver might t-bone you one evening.

You can spend as little or as much as you want on your baby. But this family buys disposable diapers, not washable diapers, tons of baby proofing material, lots of toys, the best car seat, and two strollers. Entertainment also includes the cost of sporting equipment, memberships, Netflix, cable, internet, and more.

If your friends invite you to a weekend getaway, a bachelor or bachelorette party, or a function or two, your entertainment budget will be blown to smithereens. Readers have pointed out are Student Loans, Gifts not charityand mobile phone usage.

Sadly, they are still paying more in taxes each year than they are in accumulating net worth! After 10 years of aggressive saving and earning, moving to a lower cost area to work or retire could be the perfect final move.

The trend is towards relocating towards the heartland, where valuations are cheaper and net rental yields are much higher. If you live in an expensive metropolitan area, consider relocating to a lower your cost of living or at least try and take advantage of the valuation differential by investing in Middle America.

The country is large.

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Financial analysis for bay city electronics

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