Ramit Sethi and two others work through their paychecks, discovering that a $16,000 monthly gross income translates to roughly $150,000 a year. They're puzzled about where all the money goes despite earning a substantial salary.
Where's the money? Yeah, if we're making all this money, where is it? I would be pissed. Not at her, on myself. Yes. Your gross income is like $16,000 a month. Yeah, that's a lot more money.
That's how much you make before taxes.
Yeah, per month.
Yeah, biweekly is times 2.
Wait, if I'm— yeah, $6,000.
Yeah, I don't know what your gross income is. But I know that it's like, mm, at least $150,000.
Mm-hmm.
So considering, Edwin, that you thought you were making 80, you're probably making double that. Damn. That's kind of shocking, right?
