Are you talking about the same person in question there?
$80,000 a year SI - SI tax (.31) (24,800) = $55,200 net
$18,000 yr for mortgage (1500 a mo)
$3,600 yr car payment ($300)
$1068 yr for bike payment ($89 a mo)
$1200 a yr for bike insurance (lien on bike, must have colision CBR1000 22yr old)
$1000 yr for car insurance
$2,600 yr gas ($50 a week)
$3650 yr for foor a day ($10 a day)
$1440 yr for cable phone and internet ($120 a mo)
$1320 yr for electric ($110 a mo)
$2250 a yr for house upkeep (15% of $150,000 [percent of home value])
Lets just draw the line there. Call this guy a 22 yr old single guy who owns his own porn business. Gets up goes to the studio, works, comes home watches tv or plays on the net, goes to bed, repeats. Doesnt even go out, no CC, student or msc loans.
$19,072 left at the end of the year put away into the bank. And remember hes making 80K a year (probably 3 times a much as most 22 yr olds he knows, imagin if he only made 60K a year). And doesnt spend money on shit. Saves it all for the most part. Start knocking thousands off that if he buys good gear for the bike ($2000) mods ($2-4K+), repairs and maint on the bike and car ($1500-2500 easy, tires, oil, brakes), goes out every weekend to clubs ($1400 a yr), … there is another easy $6,500 spent there if he wants to have a little fun.
so knock that yearly savings to $12,572.
Oh fuck he’s down, $136K in medical bills. His bike insurance covered $20K, I guess its not bad, saving all his money and paying his medical bills out of pocket… I mean it will only take 9.22685 YEARS to pay them off at that rate… As long as his porn biz keeps making him 80K a year!