Quote:
Originally Posted by datawiz
She likes to race, so there's that. Her 2015 BRZ is practically new with only 23,000 miles. No car payment, no rent, 6 figures+....sock it away. I'm sure when she gets on her own, she'll get a 4th car, but right now she's smitten with her 3 little boys. Putting things in perspective, I have a LOT of money in checking and savings, and she has MORE.  |
i was talking with my sister a few weeks ago, as she has spent the last year or so working from her home, and not her office in downtown Houston. her husband has worked from home for many years (he's a writer). so i asked her if she had thought of living somewhere else, less expensive. her property taxes are almost 20k/year. but no state income tax. told her our property taxes were about 3700.
what??!!
and state income taxes are 5% max. if you are making 250k, 5% of that is 12,500, add another 4000 for property taxes, and you are still ahead by leaving TX.
she's still thinking that over.
not what you make, it's what you keep.