This is the income you earn—this is your life

1.

Yearly Income: 16,640                                  Visa:  -500/500                                      *8  

Tax Rate: 13.5%                                           Savings: 475

Weekly Gross: 320                                       Checking: 200

Certificates of deposit: n/a                           Child(ren):  2,4

 

2.

Yearly Income: 24,960                                  Visa:  -1250/5000                *12     

Tax Rate: 13.5%                                           Savings: 1296

Weekly Gross:  480                                      Checking:  150

Certificates of deposit:  3000                      Child(ren):  none

 

3.

Yearly Income:  33,280                                 Visa:  0/5000                                      *16   

Tax Rate: 20%                                               Savings: 475

Weekly Gross: 640                                       Checking:  200

Certificates of deposit:3000                        Child(ren):  2,4

 

4.

Yearly Income:  45,760                               Visa: 200/5000                                   *22     

Tax Rate:  28%                                              Savings:  8500

Weekly Gross: 880                                       Checking:  1650

Certificates of deposit:20,000                     Child(ren):  6,10,16

 

5.

Yearly Income:  66,560                                 Visa: 200/5000                                 *32     

Tax Rate:  30%                                              Savings:  8500

Weekly Gross: 1280                                     Checking:  1650

Certificates of deposit:20,000                     Child(ren):  6,10,16

 

6.

Yearly Income: 114,400                                Visa: 1200/10,000                              *55

Tax Rate:  32%                                              Savings:  8500

Weekly Gross: 2200                         Checking:  1650

Certificates of deposit:27,000                     Child(ren):  none

 

7.

Yearly Income: 145,600                                Visa:  1200/10,000                              *70  

Tax Rate:  32%                                              Savings:  10,500 

Weekly Gross: 2800                         Checking:  1650

Certificates of deposit:47,000                     Child(ren):  6,10,16