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Home Economics No. 1: Living in Brooklyn on $466k joint income

Welcome to our new series where we get a peek at someone's financial life.

Home Economics No. 1: Living in Brooklyn on $466k joint income
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Welcome to our new series HOME ECONOMICS, where we take a deep dive into someone’s financial situation by looking at their earnings, monthly expenses, and general money story.

To kick off our series, we have a 38-year-old working mom living in Brooklyn with her husband and baby. 

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Age: 38
Location: Brooklyn, NY
Relationship status: Married
Age of partner: 39

Income:

  1. Your job title/salary: Senior Vice President, Media Planning - $286,000
  2. Partner’s job title/salary: Managing Partner - $180,000
  3. Your monthly take-home pay (paycheck amount after taxes and other deductions): $14,892
  4. Partner’s monthly take-home pay (paycheck amount after taxes and other deductions): $10,500
  5. Total monthly take-home pay: $25,392

Account balances:

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