Quote:
Originally Posted by Redjake
please leave the "welcome to the real world...." bullshit at the table. I've been in the "real world" for years now, and have endured much worse conditions that most people my age, financially especially. I just didn't know that tax percentages were that high, I figured only corporations were taxed that badly.....
whether or not you know how much each state is taxed hardly decides whether or not you know what the "real world" is like 
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no, just that it's a shocker when you expect to get a fat bonus check based on the percentage negotiated only to get 1/2 of it. Had I known that I would have negotiated for much higher percentage to make sure I got what I wanted to pocket, not what I wanted to gross.
That my friend is the real world, the little gotchas and snags, which is what this thread you've posted is about.
You're asking for a reality check on your list of expenses. The real world dictates that things come up unexpectedly which you say you know.
Soon, other things come into play such as taxes, all my friends during the dot com investments all thought they were mack daddy until they cashed out and had to pay huge capital gains tax. Again, I say to them, welcome to the real world.
Trust me, I'm not all that happy about it myself, my rental property will cost me dearly in capital gains tax and depreciations, something I was never expecting nor did I plan on. Same thing goes for the property I live in, the coop has a flip tax payable back to the coop of 7%, then there's paying closing costs, fees for this, fees for that...
all of which does nothing put less greenbacks into my pocket at the end of the day.
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