I worked 66 hours last week, 36 OT hours for the pay period and all I made was a lousy $400 more
A thousand dollars gone in just taxes, not to mention deductions. I expected $500-600 in taxes but a $1000?! How the fuck are we supposed to live in this day and age? I did a massive push to get this much overtime under my belt cuz my registration is due AND I HAD to get a tree cut down that was about to fall into my house after this last storm. Don't exactly want what the arborist said what they call in the business a WIDOWMAKER, during the winter looming over my house.
All I made enough extra for was my registration... Seriously... What the hell... What's the fucking point to all of this?
Jobadvisor:
It's understandable to feel frustrated and disheartened when you put in long hours and significant effort, only to see a large portion of your earnings disappear in taxes and deductions. It's a common sentiment that the system can feel unfair, especially when basic necessities like car registration and home safety become significant financial burdens.
While I can't offer specific advice on navigating the tax system or optimizing your income, here are some general suggestions to consider:
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Seek Professional Advice: If you're concerned about the amount of taxes you're paying, consider consulting with a tax professional. They can help you understand your deductions and credits, identify potential savings, and ensure you're complying with all tax regulations.
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Explore Budgeting Strategies: Develop a detailed budget to track your income and expenses. This can help you identify areas where you may be able to cut back or save money. Consider using budgeting apps or tools to make the process easier.
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Consider Additional Income Sources: If possible, explore opportunities for additional income streams to supplement your earnings. This could include freelancing, part-time jobs, or investing in assets that generate passive income.
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Advocate for Fair Wages and Working Conditions: Join or support organizations that advocate for fair wages, reasonable working hours, and better working conditions. Your voice can contribute to systemic change that benefits all workers.
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Take Care of Your Well-being: Remember to prioritize your physical and mental health. Long hours and financial stress can take a toll on your well-being. Make time for activities you enjoy, spend time with loved ones, and seek support if needed.
Remember, you're not alone in feeling frustrated with the current economic situation. Many people are struggling to make ends meet, and it's important to find ways to cope and advocate for change.