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/biz/ - Business & Finance

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10902416 No.10902416 [Reply] [Original]

I'm starting a new job on Monday. I'll be making $60k a year which is like twice what I made before.

What do I do with the extra money?

>> No.10902426

Save it for 10 years and retire.

>> No.10902437
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10902437

>>10902416
You go all in on BAT (basic attention token)

>> No.10902468

>>10902416
pay income taxes

>> No.10902472

>>10902416
>making twice as much

If you live in murrica, you just increased your tax bracket to the point where it's more like an extra 10k for double the work lmao

>> No.10902593

>>10902416
Start collecting dragon dildos.

>> No.10902681
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10902681

>>10902416
INVEST INVEST INVEST INVEST INVEST INVEST INVEST INVEST

>> No.10902988

>>10902426
10 years doesn't seem like it would be enough
>>10902468
>>10902472
It'll be about an 18k increase after taxes
>>10902681
In what tho?

>> No.10903157

>>10902988
Link

>> No.10903298

>>10902593
Unironically this

>> No.10903464

>>10902472
Tax brackets in the US are marginal, so his effective tax rate is only going to go up about 5%.