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Spark & Whetstonethe grown-up commons

← A Year on Paper · Lesson 1 of 3

The pay you take home

About it

A job offer usually states gross pay: the amount before anything is taken out. What arrives in your account is net pay, after taxes and any deductions such as a pension or health plan.

Plan with the net figure. A budget built on gross pay runs out before the month does.

One question

Which figure should a first budget be built on?

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