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Take home wage

Smart Finance

Staff member
Feb 23, 2021
Has anyone also calculated their take home wage?

I get paid by the hour, so my paycheck varies month to month because of the lengths of the month.

I've managed to work out my take home pay per hour, after taxes, NI and pension contributions. This gives me more of an idea of how long I have to work for certain utilities, entertainments and such.

The other exciting thing about knowing my take home pay per hour is that yesterday I recieved my first dividend for the year. This dividend was enough to replace one hour of work.
The feeling of liberating a hour of work from my investments is a great feeling.