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The salary distribution is right-skewed, therefore more than 50% of people earn less than the average net salary. These figures have been shrunk after the application of the income tax . In certain countries, actual incomes may exceed those listed in the table due to the existence of grey economies .
This is the map and list of European countries by monthly average wage (annual divided by 12 months), gross and net income (after taxes) for full-time employees in their local currency and in euros. The chart below reflects the average (mean) wage as reported by various data providers, like Eurostat . [ 1 ]
In business and accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and amortization, interest, and taxes for an accounting period. [1] [better source needed]
To create a budget, first determine your monthly net income and tally up your basic expenses, such as rent and utilities. Then, set realistic targets for how much you'll spend on groceries ...
For example, using this calculator, you could estimate how long your retirement savings will last if you have $1.5 million in savings and a life expectancy of 95, assuming an average investment ...
A longer term means you pay less monthly, but more over the life of the loan. For example, you’ll save $1,000 in interest charges on a $20,000 loan with a 5 percent APR if you pay it off in 48 ...