Your Annual Income (After Tax)

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

sonyxperiageek

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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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Prodigi

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#798951 13-Apr-2013 21:00

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

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DravidDavid

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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

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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

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#798968 13-Apr-2013 21:36

One hundred trillion dollars

Benoire

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#798969 13-Apr-2013 21:44

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

DravidDavid

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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!

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vexxxboy

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#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.

Aredwood

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#798976 13-Apr-2013 22:26

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

wasabi2k

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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

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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.

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I sell lots of stuff for electronic enthusiasts...

ajobbins

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#798998 14-Apr-2013 00:05

Not enough!

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timmmay

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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

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#799192 14-Apr-2013 16:08

NonprayingMantis: One hundred trillion dollars

Is that all?

bmt

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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

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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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