Memo - Post by brianxv

brianxv

replied 2152d

Jason Chavannes

What percentage of your income eventually goes toward interest? Hint: tax dollars often get spent on interest.

interest as in my interests or as in paying interest on a loan or something?

Jason Chavannes

replied 2152d

Loan interest

Brian Rosenberg

replied 2152d

You could rephrase the question, "How much INT do you pay per month?" Easier to calculate for most people.

1,000

Jason Chavannes

replied 2152d

Thanks for the feedback. The point was to think about indirect interest through things like taxation (especially on US tax day).