Your Annual Income (After Tax)

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Forums › Finance and wealth management › Your Annual Income (After Tax)

sonyxperiageek

2959 posts

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#115973 13-Apr-2013 20:54

I'm kinda interested in money, and incomes. So I was wondering if you could please post an estimate of your annual income (after tax)?

I mean, I respect those that don't want to share and if you think this is kinda an inappropriate topic, please kindly tell me and I will be very happy to remove this topic.

Thanks guys!

Sony

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939 posts

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Prodigi

#798951 13-Apr-2013 21:00

After tax, kiwisaver and student loan? About $38k

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DravidDavid

1907 posts

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#798963 13-Apr-2013 21:16

For me it is about $19,000 after student loan repayments and tax. Not nearly enough.

I'm not sure why someone would think this was inappropriate. Why on earth is there such a big black cloud over who gets paid what? I think its silly.

surfisup1000

5288 posts

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#798967 13-Apr-2013 21:33

DravidDavid: For me it is about $19,000 after student loan repayments and tax. Not nearly enough.

I'm not sure why someone would think this was inappropriate. Why on earth is there such a big black cloud over who gets paid what? I think its silly.

Privacy becomes more important with age.

Some countries publish everyones tax return -- open and transparent.

There are lots of reasons - relatives / friends may come begging if they know you're earning a lot. Work colleagues get jealous.

You can just be put into awkward situations by others. I had a family member asking for a 'loan'.

Golden rule #1 : When you lend to family / friends understand it may not be repaid. Better to treat it as a 'gift' that will probably be repaid but not definitely.

NonprayingMantis

6434 posts

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#798968 13-Apr-2013 21:36

One hundred trillion dollars

Benoire

2798 posts

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#798969 13-Apr-2013 21:44

After all taxes, kiwisaver, ACC etc. it's around $65K at the moment.

DravidDavid

1907 posts

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#798970 13-Apr-2013 21:48

surfisup1000:
DravidDavid: For me it is about $19,000 after student loan repayments and tax. Not nearly enough.

I'm not sure why someone would think this was inappropriate. Why on earth is there such a big black cloud over who gets paid what? I think its silly.

Privacy becomes more important with age.

Some countries publish everyones tax return -- open and transparent.

There are lots of reasons - relatives / friends may come begging if they know you're earning a lot. Work colleagues get jealous.

You can just be put into awkward situations by others. I had a family member asking for a 'loan'.

Golden rule #1 : When you lend to family / friends understand it may not be repaid. Better to treat it as a 'gift' that will probably be repaid but not definitely.

I have plenty of extended family that ask for money of my wealthier close family. I have learned that lesson already through the stories of my parents. At the moment, as you can see, I'm generally the one asking for money. Had to rely on an over-draft through-out study and am trying to pay it back as fast as possible.

Plenty of my collegues and friends are earning a lot more than me. When I say more I'm meaning 2.50 more per hour. I don't get jealous though. I understand some may have qualifications or experience that I don't have. I'm more than willing to earn it.

The only awkward situation I've been in, is where a group of us were discussing money and one in the group was clearly uncomfortable having locked all that information up nice and tightly through-out their life time I assume.
Perhaps if I had millions of dollars behind me, I would keep that on the down-low. But at this stage I'm $1,800 over-drawn and can barely make my rent on Monday as it is, let alone give to charity or do anything fun.

I walk down the street in my business shirt and pants, past all the homeless who ask for spare change. I often reply with "If only I had any."

If I could run my car without petrol, I'd probably be in the top 3 of the richest in New Zealand next week!

vexxxboy

4245 posts

Uber Geek

#798974 13-Apr-2013 22:06

about 60 thousand but with 2 teenage boys at home and one at university who, like most students, needs help to survive, i could do with more.

Common sense is not as common as you think.

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Aredwood

3885 posts

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#798976 13-Apr-2013 22:26

About 60K as well. Over half that goes on the mortgage though.

wasabi2k

2096 posts

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#798982 13-Apr-2013 23:29

Umm yeah, not a chance in hell of sharing this with strangers.

I suggest a poll with brackets that does not record who voted for what if you want this info.

sleemanj

1490 posts

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#798997 14-Apr-2013 00:01

Nowhere near enough :-(

Been a slow year. Not that a busy year is anywhere near enough either.

Never get into web development, it's a low paid trap from which escape is very difficult.

Get a trade. My brothers are both in steel engineering, welders, one of them quit his job last week because he didn't like who was working under him, he walked into another job a few days later. Anywhere he goes in the world, he can get a job in a couple of days, walks right on in. Good money too.

---
James Sleeman
I sell lots of stuff for electronic enthusiasts...

ajobbins

5052 posts

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#798998 14-Apr-2013 00:05

Not enough!

Twitter: ajobbins

timmmay

20591 posts

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#799012 14-Apr-2013 07:19

Here's a link to an IT salary/contract survey. I suspect you'd find it's quite accurate for many of the more mature members here - some will be on salary, some on contract.

Journeyman

1187 posts

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#799192 14-Apr-2013 16:08

NonprayingMantis: One hundred trillion dollars

Is that all?

bmt

574 posts

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#799195 14-Apr-2013 16:30

surfisup1000:

Golden rule #1 : When you lend to family / friends understand it may not be repaid. Better to treat it as a 'gift' that will probably be repaid but not definitely.

Agreed. I've loaned money to 3 different family members.. been so long I've basically written it off. If I get repaid it would be a bonus.

I make a bit over 30k a year after tax.. no wife/kids, no mortgage, no student loan. Put away 30-35% of my pay each year in super+savings.

Rickles

2938 posts

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#799197 14-Apr-2013 16:35

http://www.stats.govt.nz/browse_for_stats/income-and-work/Income/nz-income-survey-info-releases.aspx

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