Bmanning93
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In Chapter 37,
MJ wants you to assess the cost of your lifestyle that you want to achieve. Which I did, coming to a $41,100 per month expense including House, Cars, Travel, Food, Clothes, Health Insurance, and allowances. I understand that is a lot but I have set out everything I want to achieve and want to do what it takes to get there. My question that I am asking is why do I need to divide by 0.60 for taxes for my lifestyle. This has raised my $41,000 per month expense to $68,333 which I am wondering why that is necessary to obtain for tax. This creates a large difference in my finish line. Can someone please explain why/how that works like that so I know why I need that to reach my target.
MJ wants you to assess the cost of your lifestyle that you want to achieve. Which I did, coming to a $41,100 per month expense including House, Cars, Travel, Food, Clothes, Health Insurance, and allowances. I understand that is a lot but I have set out everything I want to achieve and want to do what it takes to get there. My question that I am asking is why do I need to divide by 0.60 for taxes for my lifestyle. This has raised my $41,000 per month expense to $68,333 which I am wondering why that is necessary to obtain for tax. This creates a large difference in my finish line. Can someone please explain why/how that works like that so I know why I need that to reach my target.
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