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Old 04.10.2010, 14:26
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70K Salary

Hi Folks,

I maywell feel the EF rath for this question but in your opinion do the below deductions from a 70K salary look correct.

Also is this managable for a sensible life style for a 26 year old? I have been reading some postings and some state it is on par with a student lifestlye and others say it's doable.

Any help much appreciated.

CHF
70,000
5,833
Deduction
%
State Pension
5%
295
unemployment
1%
58
Company Pension
CHF
200
Accident Insurance
1%
44
Sickpay Insurance
0%
0
Income Tax
14%
817
Health care
CHF
250
Total Deductions
1664
4,169
1,390
Rent
1500
Food
1000
Bills
600
3100
Balance
1,069
  #2  
Old 04.10.2010, 14:48
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Re: 70K Salary

Tax looks high, my salary is higher with lower tax. But it could be true.

Is salary 12 or 13 times?

Food is way too high, unless your eating out a lot. Myself and my partner spend 600-800 a month, that's for 2 of us.

It's enough to live on, if your out of the city like me. My salary is barely more than yours and I live quite comfortably, but I do live in the sticks.

Cheers
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Old 04.10.2010, 14:48
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Re: 70K Salary

Looks reasonable, and it's perfectly doable.

In fact, it's not a bad salary at all.
  #4  
Old 04.10.2010, 14:55
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Re: 70K Salary

Agreed. It's perfectly doable, especially when you consider that you could realistically halve your estimated food bill and still probably put on weight
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Old 04.10.2010, 15:35
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Re: 70K Salary

Cheers guys. I'm Looking to move in the next week or so....i'll be on here quite a bit.

Chat soon

R
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Old 04.10.2010, 15:39
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Re: 70K Salary

I struggle to get by on 320k, but then again, the markup on cocaine is ridiculous here.
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Old 04.10.2010, 15:40
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Re: 70K Salary

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I struggle to get by on 320k, but then again, the markup on cocaine is ridiculous here.

Tell me about it, the hookers ain't cheap either.
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Old 04.10.2010, 15:45
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Re: 70K Salary

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Tell me about it, the hookers ain't cheap either.
don't even get me started on trying to make it rain in the strip clubs with coins. smallest paper currency being 10 francs can really cut fast into your strip club rainmaking budget.
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Old 04.10.2010, 15:57
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Re: 70K Salary

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Tell me about it, the hookers ain't cheap either.
And that is before you start asking for "special services"
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Old 04.10.2010, 16:15
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Re: 70K Salary

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I may well feel the EF rath for this question but
You did ask for it..................
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Old 04.10.2010, 16:25
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Re: 70K Salary

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I struggle to get by on 320k, but then again, the markup on cocaine is ridiculous here.
You just need to see prices in proportion, like in "The line costs as much as a pizza" or "The hooker only costs as much as a 20 kph speeding ticket".
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Old 04.10.2010, 16:53
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Re: 70K Salary

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I struggle to get by on 320k, but then again, the markup on cocaine is ridiculous here.
I knew all along that something wasn't right with you..
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Old 04.10.2010, 16:53
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Re: 70K Salary

if your in Kanton Zurich i think your tax will be lower , more like 9-10% most of the other looks good , maybe your food bill is high if you can cook , but if your eating out drinking posh wine then double it ....health care depends on your cover , i pay 220 for me with Swica .with good cover but a high limit (2000chf) .
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Hi Folks,

I maywell feel the EF rath for this question but in your opinion do the below deductions from a 70K salary look correct.

Also is this managable for a sensible life style for a 26 year old? I have been reading some postings and some state it is on par with a student lifestlye and others say it's doable.

Any help much appreciated.

CHF

70,000



5,833

Deduction

%

State Pension

5%



295

unemployment

1%



58

Company Pension

CHF



200

Accident Insurance

1%



44

Sickpay Insurance

0%



0

Income Tax

14%



817

Health care

CHF



250

Total Deductions

1664



4,169



1,390

Rent

1500

Food

1000

Bills

600



3100

Balance

1,069
  #14  
Old 04.10.2010, 16:54
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Re: 70K Salary

12 weeks.. Better to use 13th month?
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Old 04.10.2010, 17:09
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Re: 70K Salary

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You just need to see prices in proportion, like in "The line costs as much as a pizza" or "The hooker only costs as much as a 20 kph speeding ticket".
Which hookers you use then ?
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Old 04.10.2010, 17:12
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Re: 70K Salary

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Which hookers you use then ?
I had to look it up: 20 kph too much within city limits already gets you a fine based on an assessment of your income. Pretty much like prostitutes, really...
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Old 04.10.2010, 17:18
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Re: 70K Salary

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I had to look it up: 20 kph too much within city limits already gets you a fine based on an assessment of your income. Pretty much like prostitutes, really...

If you say so old chap, i bow before your superior knowledge.....
  #18  
Old 04.10.2010, 17:22
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Re: 70K Salary

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12 weeks.. Better to use 13th month?
No. On that salary you'll be taxed at source, so there'll be no benefit to having your salary in 13 instalments.

That's for the rich ******** (over 120K) who have to remember to pay their tax each year and find it useful to have a bit kept back for them.

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Old 04.10.2010, 17:24
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Re: 70K Salary

I just use dead hookers - they're cheaper and don't talk back. Bit smelly though.
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Old 04.10.2010, 17:27
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Re: 70K Salary

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No. On that salary you'll be taxed at source, so there'll be no benefit to having your salary in 13 instalments.

I beg to differ It's always nice to have a month when 2 salaries arrive at once - even if you are taxed like hell that month. I'm already considering what toys I'll buy with it in January
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