Personal Finance & Money Stack Exchange
Personal Finance & Money Stack Exchange

Questions tagged [income]

Questions related to the earning of money (or other capital) within a specified time frame. Topics such as methods to increase income, account for it, track it, analyze it, or disclose it are all appropriate, but discussions of income tax should use that tag instead.

Income is the consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms.

Source: Wikipedia

Note: The entity may be a person, family, corporation, or country as these can be taken from various perspectives. In the first couple of cases this is generally about salary, savings and investments that provide the resources for a person or family to live. On the corporate side, income is part of the accounting that is done.

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Parent asking for money after I moved out

My parents are divorced and my dad has to pay to my mom financial support for everyone in the family. Because I moved out, my dad removed part of this financial support that he gives my mom. She is now asking that I give her the money that my dad…
crvswb
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Making $100,000 USD per month, no idea what to do with it

I have a few consulting jobs I do on the side, and this year I've had a lot of extra work, with several months in 2016 exceeding $100,000 USD in billing. I do this work from my home with no advertising, marketing, or appreciable expenses. This is…
Fixee
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How to share income after marriage and kids?

My girlfriend and I are thinking about marriage and having children and I have spent the last days trying to figure out concepts how to handle finances from that point forward. I believe that this is relevant to most people in such a situation not…
Chris
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Are there any financial disadvantages to living significantly "below your means"?

By living "below" your means I'm asking about spending significantly less than you could, rather than living "within" your means which of course is sensible if you are able to do it! So for example: Buying a house that's much smaller / in a worse…
seventyeightist
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How much money should I save in order to generate $1000/month for the rest of my life?

How much money do I need to make in order to generate 1k/month for the rest of my life? Is that even possible? If yes, in what way? Edit: I am 30 years old.
samouray
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How can I get a job without pushing my family's income into a higher tax bracket?

I live in Seattle and turn 18 before the year's end, and I'm told my family has an income such that if I get a job and make more than $1000, then I would push my family into a higher tax bracket. Because of this – according to my parents – our…
Jodast
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Is there a price point beyond which it no longer makes sense to buy an apartment or house?

I am in a very frustrating situation right now. I have accumulated a decent amount of value in cash and stocks. My wife and I however are still living in a rented small flat in our town in Austria where we are paying quite a high rent (600 EUR per…
Orsinus
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Do I have to explain the source of *all* income on my taxes?

I live in the US. A complete stranger knocked on my door, gave me a pallet of $20 bills (which in total amount to several hundred thousand dollars), and left without saying a word. As far as I can tell, this money is legally mine. What do I do…
Ken - Enough about Monica
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What can I do to passively generate income?

I work 3 jobs totaling at 52 hours weekly. I don't have anything of value that I can sell for money. I put $10 into penny stocks a few weeks ago, but they don't gain much. I'm 25, and my savings is about $300. What can I do aside from working to…
Callat
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What does it mean for Bill Gates to have an income of $0 dollars? What word would have been more appropriate than "income" is?

What does it mean for Bill Gates to have an income of $0? I recently engaged in a friendly Twitter debate about limiting personal income. Someone told me that Bill Gates has an income of $0. You realize that most of the super-risk [sic] founders…
Shaun Luttin
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Excess income after fully funding all retirement accounts. Now what?

Long-time lurker, first time asker... I have a positive problem. We are a family of four with two small kids with one working parent (me). We have very little debt: our only debt is our mortgage, which we refinanced last year down to 15 years at…
Randall
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Case against home ownership? High income, no home, don't necessarily want one

All numbers are in USD and my tax situation pertains to US taxes. I am at a crossroads and am seeking help. I am a single man who has always made a good living and generally enjoy my life as I please. I work hard and this year has brought me a nice…
PropositionJoe
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I'm only spending roughly half of what I earn; should I spend more?

around 6 months ago I started this job. Around 3 months ago while reading this very website I downloaded a budgeting software and started writing down everything I earned and spent, and I noticed I'm spending roughly only half of what I earn. This…
anon
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What exactly is a "bad," "standard," or "good" annual raise? If I am told a hard percentage and don't get it, should I look elsewhere?

Is there a percentage threshold for a hypothetical "bad," "standard," or "good" annual raise? I supposed a bad raise would be no raise at all and I hear a typical raise is around 3%, which barely keeps up with cost of living increases. I recently…
gwar9
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What, if any, are the downsides of direct deposit?

After many years, my employer is offering direct deposit. I've used direct deposit before at other jobs. Are there any downsides or cons to using direct deposit?
Matthew Rodatus
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