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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: SavingMon(k)ey on September 24, 2013, 02:09:06 PM

Title: Definition of take-home pay
Post by: SavingMon(k)ey on September 24, 2013, 02:09:06 PM
Ok, so in one of MMMs articles he defines take-home pay as gross pay minus taxes. What about other things on my paycheck? The set amount my employer pays for health insurance? The difference in health insurance price that I cover with pre-tax dollars? The "defined benefit" pension deduction? What do I do with those?
Title: Re: Definition of take-home pay
Post by: lauren_knows on September 24, 2013, 02:18:18 PM
This is a very common topic here.

https://forum.mrmoneymustache.com/ask-a-mustachian/probably-answered-already-but-i-can%27t-find-it-calculating-your-savings-rate/

https://forum.mrmoneymustache.com/antimustachian-wall-of-shame-and-comedy/how-do-you-calculate-your-savings-rate/

www.mrmoneymustache.com/forum/ask-a-mustachian/calculating-savings-rate/


Best answer: It's not a perfect calculation, use your best judgement.

Title: Re: Definition of take-home pay
Post by: SavingMon(k)ey on September 24, 2013, 04:13:33 PM
Ah, yes. I had searched but didn't find, thanks for the links.