Gross pay: $5338.46

@iamsolexis

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SoundTikTok sound · original sound - iamsolexis

Promoted product

—https://stan.store/solexis ↗

Why it worked

The video likely performed well due to its relatable content about personal finance and paycheck breakdowns, a topic that resonates with a broad audience. The creator's transparency about their deductions and savings strategies, combined with the clear on-screen text, makes the information easily digestible and engaging.

Summary

The creator breaks down their bi-weekly paycheck, showing their gross pay and net pay after various deductions. They detail expenses like federal income tax, social security, Medicare, state income tax, life insurance, and optional contributions to FSA, HSA, 401k, and Roth IRA.

Structure

1Gross pay and net pay
2Mandatory deductions (federal, social security, Medicare, state tax)
3Optional deductions (life insurance, critical illness)
4FSA, HSA, 401k, and Roth IRA contributions
5Total deductions and final take-home pay

Product placement

The creator is discussing their personal finances and paycheck deductions, with their Stan Store link in their bio. The video itself does not explicitly promote a specific product beyond the creator's own offerings via their bio link.

Original caption

Here is where my check goes before it gets deposited! This is BIWEEKLY, yes it’s a lot of taxes AND deductions but this is what works for moi 🤎 #investing #payday #savingmoney

More from @iamsolexis

On-screen text

Gross pay: $5338.46 Net Pay: $3550.79 - $548.97 - $312.84 - $73.17 - $130.97 - $250.00 - $50.00 - $312.00 - $104.00

Transcript

Gross pay is $5338.46 and $46 cents and I bring home $3550.79 and 79 cents. Now a lot of people said that was highway robbery and I do not disagree. But here is the full breakdown of everything I pay for before my check even comes to me. For federal income tax, we have $548.97 and $548.97. For social security, $312.84 and $312.84. For Medicare tax, $73.17 and $73.17. State income tax is $130.97 and $130.97. Sorry. So that brings us to roughly $1000. So then for everything else, my kids' life insurance, my life insurance, critical illness, things like that. And then we get into the things that are optional. So for dependent care FSA, that is $250.00 bi-weekly. The employee HSA, which is $50.00. Next is my 401k, which is $312.00. And then my Roth IRA, which is $104.00. That is all.