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ACTIVE WORK
PAY 32$ into 40hr = 1280$
bi weekly 2560
4 week salary 5120
52 weeks salary 66,560$/12month = 5546/month after tax 5approx 5200$
MONTHY SALARY = 5200$
EXPENSE 1200$/month
SAVING- 4k
YEARLYSAVING 48k
NOW HOUSE 800$/month
1 year = 9600$
SAVINFS WITH HOUSE 4000=800=4800
YEARLY SAVINGS WITH HOUSE = 57,600$
PERSON Y
ACTIVE WORK
1 week 27$ 1080
bi weekly 2160
4 week salary 4320
1 year(52 weeks) = 56,160$
52 weeks salary 56,160$/12month = 4680/month after tax 5approx 4300$
MONTHY SALARY 4300$
EXPENSE = 2300$
MONTHY SAVINGS = 2000$
YEARLY SAVINGS 24K
PASSIVE WORK
(A)door dash 100$/day for 5day=500$
4 weeks 2000
52 weeks (1 year) = 26000
(B) WEEKEND JOBS 500$
overall year not working every weekend 14000$
PASSIVE A+B = 40K approx. 10% tax = 36K
OVERALL SAVINGS 24K+36K = 60K
Add little more
BUY a house for 350k with 70 k down
33k loan interest and tax
Loan of 330k for 25 years = 1100/month mortgage
Rent main portion basement for 1250 and 1050 respectively, 2300 in total.
Saving 1200$/month...14400/year and have a property .
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