Our savings rate dropped from 56% in 2020 to 27% in 2021, but I think that’s mostly from (1) not paying on student loans, and (2) putting quite a lot of cash into the house, which isn’t really captured here because the money was saved and then spent right at the end of the year.
| INCOME | ||
| Wages | $202,454 | |
| Interest | $348 | |
| Ordinary Dividends | $511 | |
| Other Income | ||
| TOTAL | $203,313 | |
| Taxes Paid | $46,009.00 | 22.63% |
| TOTAL TAKE HOME | $157,304.00 | |
| Retirement Deposits | $6,000.00 | 3.81% |
| Investment | $600.00 | 0.38% |
| 529 Deposits | $1,150.00 | 0.73% |
| Emergency Fund | $28,100.00 | 17.86% |
| SAVINGS | $35,850.00 | 22.79% |
| Student Loan Pay | $5,797.92 | 3.69% |
| SAVINGS RATE | $41,647.92 | 26.48% |
Laying Down The Law Debt 