Babyvet:


On Average No they do not , not even in Canada

yemiosinbajo:


You should be asking if they even make up to 7K before taxes. Apart from California, New York and those working multiple overtime hours, do you know how long it even takes for the average RN to start earning $40/hr? Go to the Midwest where the average RN pay starts at around $26/hr, then do the calculation to see if they make up to $7K after the taxes.

CutieKing:
But why are people claiming audio income on this thread ??.
someone who makes 5k after tax has an average gross of around 8k.you pay federal tax,state tax,social security, Medicare, union due,retirement and host of others depending on your circumstances.
Besides why is everyone talking about overtime as if its statutory obligations?.does every job requires overtime?.
People should be able to tell themselves the truth somehow and stop this fantasy.
Besides is community support work a professional job??.I doubt.

CutieKing:
But why are people claiming audio income on this thread ??.
someone who makes 5k after tax has an average gross of around 8k.you pay federal tax,state tax,social security, Medicare, union due,retirement and host of others depending on your circumstances.
Besides why is everyone talking about overtime as if its statutory obligations?.does every job requires overtime?.
People should be able to tell themselves the truth somehow and stop this fantasy.
Besides is community support work a professional job??.I doubt.

atutupoyoyo2211:
When i started this thread in 2018, my aim was to make us know, if we work hard in any Job we have, we can actually make enough money to take care of ourselves. I haven't filed my 2019 tax info yet, but i will post my 2018 tax info. In 2018 the only Job i worked was as a Security guard in 4 different companies. For those talking about nurses, i wont even get to that. I know PSW thats made over $100k a year before taxes. My sister is a nurse, she currently has over CAD$100k sitting in her account. 80k was from her earnings, 20k was from her student loan grant portion. You all know i was speak with facts and proof.

atutupoyoyo2211:
And mind you, my basic pay was $16.50 an hour. Imagine those that have a basic pay $25 an hour, and have adequate overtime. So please, a lot of us here work hard, very hard. And you don't need a big Job to succeed. Give yourselves at least 5 years to settle down and if you can pls go to school here, even if its a diploma. Trust me, it will be beneficial for you. one can also be a truck driver, try and get your AZ license, start with a company and then become an owner/operator, You make at least 5 trips a month to and fro the US and i guarantee you a pay of $10k before takes. Like i said, i speak with facts.

atutupoyoyo2211:
When i started this thread in 2018, my aim was to make us know, if we work hard in any Job we have, we can actually make enough money to take care of ourselves. I haven't filed my 2019 tax info yet, but i will post my 2018 tax info. In 2018 the only Job i worked was as a Security guard in 4 different companies. For those talking about nurses, i wont even get to that. I know PSW thats made over $100k a year before taxes. My sister is a nurse, she currently has over CAD$100k sitting in her account. 80k was from her earnings, 20k was from her student loan grant portion. You all know i was speak with facts and proof.

CutieKing:


The point is this,you dont just get into any job with the sole purpose of working overtime and now think you are making money.if you work $16.5 an hour and you made 100k in a year,we can just assume you worked for over 20hrs every single day before you can achieve that if its actually possible.that is not only a safety hazard but a death warrant waiting to happen.
Getting a good job is the key and not over reliance on overtime work as a mean to an improved income earning

CutieKing:


Someone making over 100k annually still qualifies for a student loans??.
Oga,is there something you are not telling us because this is sounding like a fairytale to me o.

atutupoyoyo2211:
For clarification, you are right, cos i applied for student loan in 2019 and i was given a very little amount and no grant because of how much i made in 2018. Now i said my sister had the money sitting in her account, i didn't say she made it all in a year. My sister worked as a personal support worker for 2 years before applying for a nursing degree. She worked part time while pursing her nursing degree and she just completed her RN qualification exam in February this year. the money she has was not made as nurse but was saved up from the time she was a PSW. Specifically, she didn't save much in 2016, but according to her, she saved 40k in 2017, 22k in 2018 and 18k in 2019. And trust me, as a nurse, she will make much more.

atutupoyoyo2211:
For clarification, you are right, cos i applied for student loan in 2019 and i was given a very little amount and no grant because of how much i made in 2018. Now i said my sister had the money sitting in her account, i didn't say she made it all in a year. My sister worked as a personal support worker for 2 years before applying for a nursing degree. She worked part time while pursing her nursing degree and she just completed her RN qualification exam in February this year. the money she has was not made as nurse but was saved up from the time she was a PSW. Specifically, she didn't save much in 2016, but according to her, she saved 40k in 2017, 22k in 2018 and 18k in 2019. And trust me, as a nurse, she will make much more.

CutieKing:


I dont live in canada so I cant conveniently talk about what goes on there but I guess they share similarities with that of the US.i dont doubt your story because I have no reason to do so,it is your story and I respect it but what I found amusing is you applying for student loans with hefty interest rate after making 6 figures the previous year. Generally speaking,no individual making over $50k in US can qualify for anything government.
Also,it seems you guys dont have any expenses,no bills, nothing if your sister who worked part time as psw could save such yearly.
I dont know what to think of such situations but its ok.
Goodluck .

atutupoyoyo2211:
When i started this thread in 2018, my aim was to make us know, if we work hard in any Job we have, we can actually make enough money to take care of ourselves. I haven't filed my 2019 tax info yet, but i will post my 2018 tax info. In 2018 the only Job i worked was as a Security guard in 4 different companies. For those talking about nurses, i wont even get to that. I know PSW thats made over $100k a year before taxes. My sister is a nurse, she currently has over CAD$100k sitting in her account. 80k was from her earnings, 20k was from her student loan grant portion. You all know i always speak with facts and proof.

Mizwisdom:



So she has over $100,000 just sitting in her account? if she worked hard for that type of money she won't just leave it sitting around like that, what for? something is not adding up

lillaowow:


Not true.

Mizwisdom:



So she has over $100,000 just sitting in her account? if she worked hard for that type of money she won't just leave it sitting around like that, what for? something is not adding up

CutieKing:


I dont live in canada so I cant conveniently talk about what goes on there but I guess they share similarities with that of the US.i dont doubt your story because I have no reason to do so,it is your story and I respect it but what I found amusing is you applying for student loans with hefty interest rate after making 6 figures the previous year.Generally speaking,no individual making over $50k in US can qualify for anything government.
Also,it seems you guys dont have any expenses,no bills, nothing if your sister who worked part time as psw could save such yearly.
I dont know what to think of such situations but its ok.
Goodluck .

KingCurtis21:



Welcome back bro..

atutupoyoyo2211:
No offense at all, but i dont see the point explaining considering your reasoning right now. Please dont be offended ok.

Mizwisdom:


I mean no harm, try to introduce investments to her, keeping such money in an account is only good for the bank

Mizwisdom:


I mean no harm, try to introduce investments to her, keeping such money in an account is only good for the bank

atutupoyoyo2211:
That's actually a good advise. She is trying to save up to 150k to put a huge down payment on house. That will reduce her mortage payment to just about $1k a month.

atutupoyoyo2211:
That's actually a good advise. She is trying to save up to 150k to put a huge down payment on house. That will reduce her mortage payment to just about $1k a month.

Fhemmmy:


The longer she waits, the more she will find it difficult to even get a house to buy, for easy breakdown where in Canada are you and your sister, province and city?

Fhemmmy:


The longer she waits, the more she will find it difficult to even get a house to buy, for easy breakdown where in Canada are you and your sister, province and city?

atutupoyoyo2211:
we actually have some good info on real estate. Dont really wanna disclose my sister's location and mine, u know, cos of security.

atutupoyoyo2211:
we actually have some good info on real estate. Dont really wanna disclose my sister's location and mine, u know, cos of security.

salford1:

Why though bros?
Maybe we can learn a thing or two.
I am thinking of buying a rental/investment property soon.
Have like $120k saved up/budgeted as DP for that and thinking of even pushing the amount up. In Sask, at the moment, one can buy say a condo or small house c/w yard to use for rental investment for like 250k. Hopefully pay $450 per month and rent for $1450.
With the coro, some speculators believe that interest rate might enter the negative digit. Currently sitting at 0.25 BOC.
A recession is also almost certain.

salford1:

Why though bros?
Maybe we can learn a thing or two.
I am thinking of buying a rental/investment property soon.
Have like $120k saved up/budgeted as DP for that and thinking of even pushing the amount up. In Sask, at the moment, one can buy say a condo or small house c/w yard to use for rental investment for like 250k. Hopefully pay $450 per month and rent for $1450.
With the coro, some speculators believe that interest rate might enter the negative digit. Currently sitting at 0.25 BOC.
A recession is also almost certain.

Fhemmmy:


The BOC has said rate will not go lower than 0.25 and because of that, i will not advice waiting, however, with the COVID-19, prices in places like Sask might go down just a little, however, good properties will never go down still
When you say rental property, are you into condos or you wanna buy a detarch home and rent it out in units to students?
If you are buying a used home, I will plead with you to please make sure you pay the extra to home inspector to avoid buying a lemon.
My other advice to you is to get all your data right so you can make well informed decisions:
Condominiums - I will advice a 2 B/D with 2 washrooms if possible and make sure you put into consideration the monthly maintenance fees
Detach - if used, get something that has a basement with separate enterance and this will enable you to rent to 2 different families
But with what you have saved up, you are well ahead of the pack and the bank surely will be willing to work with you

Lastly, please make sure it is reported to the government, do it right, pay whatever needed to be paid to the government and you will be fine and also, if you are buying a house that has a basement for rental purpose, please make sure it meets the code for rental unit.