- Centurion Member
- Posts: 508
- Joined: Tue Aug 13, 2013 10:04 pm
- Location: ca
What expenses are paid for?
I can't imagine that 6-7k annual income will allow you to pay off student loans, unless you're saying it's 6-7k a month, in which you should qualify with that type of income
If your finished paying your loan, then disregard the above
Am still interested to see how much you really make per month, or per paycheck and how many pay checks you'd get in a year.
At your age, if private live-in nanny is the only job you currently have, what are the benefits besides room and meals? Because you have to understand that at some point you would want to retire and retire comfortably
Your social security (if it's still there, I always make that joke) depends on how much you were earning and have paid into (someone correct me if I'm wrong) so if you're paying in taxable income only 6-7k/year, you won't get much from them when your retire
You need to worry more about building your income then credit right now
Unless they buy you nice clothes, pretty bags, and allow you to take trips for free or a great portion of family trips you have free time..but even then it's not worth it
I rather have the taxable income to afford trips on my own, then go to trips part work/part fun, but I'm guessing mostly work unless the whole entourage is brought (butler, maid, cook) and have a taxable income of 7k at best