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by linkregister
3551 days ago
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If you consider the typical MMM budget caveat of owning one's own house, $45k is an extraordinarily high rate of expenditure. Given a $45k expenditure in the SF Bay Area, with rent of $3k per month, and with a typical tax rate of 39%, this equates to someone spending every penny they make of $113k. The MMM achievement of annual expense spending of $24k is not far off from what I assume most HNers have after rent and savings. |
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