take-home pay
What you keep
Take-home pay is the amount of money you actually receive after taxes and other deductions are subtracted from your wages: My salary looks good on paper, but my take-home pay is another story.
The term emphasizes what you can spend versus what you technically earn.
Mandatory government payments
- withholdingKeeping from another
- net incomeProfit after all deductions
- after-taxMinus government withholdings
- social securityPublic financial protection programs
pension contributions · union dues · garnishments · exemptions · credits · federal tax · state tax · FICA
Money spent on things
- rentPayment for temporary use
- mortgageSecured home loan
- groceriesFood bought at stores
- utilitiesEssential infrastructure services
bills · transportation · insurance · savings · debt · loans · disposable · cashflow
Minimal means of living
- survivalRemaining alive against odds
- provisionPreparatory supply or clause
- sustenanceMeans of living
- living wageIncome covering necessities
household income · breadwinner · provider · making ends meet · cost of living · standard of living · financial security · dependents
taxes
Mandatory government payments
- withholdingKeeping from another
- net incomeProfit after all deductions
- after-taxMinus government withholdings
social security · pension contributions · union dues · garnishments · exemptions · credits · federal tax · state tax · FICA · pay stub
expenses
Money spent on things
bills · utilities · transportation · insurance · savings · debt · loans · disposable · cashflow · allocation
subsistence
Minimal means of living
- survivalRemaining alive against odds
- provisionPreparatory supply or clause
- sustenanceMeans of living
living wage · household income · breadwinner · provider · making ends meet · cost of living · standard of living · financial security · dependents · monthly income
- wageswage, salary, pay, income, earnings
- compensationpay, salary, income, wage, bonus
- financial meansincome, money, earnings, salary, wages
- incomesalary, earnings, income, wages, pay
- payrollgross pay, base salary, net pay, pay stub, pay period
- budgetingbudget, budgets, budget app, budget template, budget allocation
take-home paydeductions
Conclusions from reasoning
withholdings · tax withholding · payroll deductions · taxes · income tax
take-home paygross pay
Earnings before withholdings
gross income · gross salary · gross earnings · gross wages · pretax income
take, home, payment, taken, taking, repay, homely, repayment, payments