How much to survive?
So today I got an offer from a great company. The only problem is this: I live in NYC and work at a crappy company so far (I'm making enough money that covers my $3,100 a month budget).
This company is offering me a 50k Base salary + Commission (pays out every 6 months) and I need to know if this 50k base is enough to get me going (considering I basically have 0 savings).
I've tried to figure the net pay by hand, by ways of internet website, etc and keep getting different #s, so as stupid of a question this may be, how much is 50k gross going to net me on a bi-weekly basis. My friend is currently getting 50k and claims hes netting exactly $3,100 a month, but somehow I don't quite believe him. Please shed some light on the subject, monkeys.