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for a salary of seventy thousand dollars your take-home pays 52 701 I have done this based on the Ontario Canada tax brackets but this can apply to pretty much anywhere else in the world so applying the 50 30 20 rules you allocate fifty percent of your income which is near six thousand three hundred and fifty dollars annually or two thousand one hundred and ninety five dollars a month you apply thirty percent towards your ones which is fifteen thousand eight hundred and ten a year or a thousand three hundred and Seventeen per month and the remaining twenty percent is ten thousand five hundred forty for the year or eight hundred and seventy eight dollars for the month follow for more
