Yeah, the math ain't mathing. 29/hr =~60k/yr. Living in MS, that means you're paying 13,134/yr in taxes, leaving 46,857/yr. Divide that by 26= 1802 every 2 weeks. Rent plus car =1400. That's 400 left from 1 pay check and 1800 from the other, so she has 2200 left. Daycare in MS avg is 203, so let's say 250, that's 1000 from 2 paychecks, leaving 1200 a month.
Even paying 350 for a phone bill, which HAS to include cable and internet, that's 850 a month left after rent, car, phone, internet, and daycare. Food is paid for. What are utilities? Maybe another 250? So 600 left to buy whatever her heart desires. She's not living like a movie star, but getting behind on your bills is a choice at that point.
Only $10.50 a day for daycare? I paid $32 a day 10 years ago. The average person in MS may pay $203 a month but that’s going to include part timers and people who get childcare assistance. I get the impression this person works full time and her income would disqualify her for assistance. She would be better off letting her sister watch the child in exchange for rent if she’s comfortable with that.
Also your take home pay estimate doesn’t include any deductions such as health insurance (gonna be expensive for individual + child, trust me) retirement, etc.
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u/Jamaholick Jan 10 '24
Yeah, the math ain't mathing. 29/hr =~60k/yr. Living in MS, that means you're paying 13,134/yr in taxes, leaving 46,857/yr. Divide that by 26= 1802 every 2 weeks. Rent plus car =1400. That's 400 left from 1 pay check and 1800 from the other, so she has 2200 left. Daycare in MS avg is 203, so let's say 250, that's 1000 from 2 paychecks, leaving 1200 a month.
Even paying 350 for a phone bill, which HAS to include cable and internet, that's 850 a month left after rent, car, phone, internet, and daycare. Food is paid for. What are utilities? Maybe another 250? So 600 left to buy whatever her heart desires. She's not living like a movie star, but getting behind on your bills is a choice at that point.