$163k Payday Routine

@apetrovs

17.4K followers · usually 3.1K views a post

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35.7K

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839

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SoundTikTok sound · original sound - apetrovs

Promoted product

SoFi HYSA

Why it worked

The video provides a transparent and detailed breakdown of a high salary, appealing to viewers interested in personal finance and budgeting. The inclusion of additional income streams from social media and brand deals adds a modern, relatable element.

Summary

The creator breaks down their $163,000 salary paycheck, including deductions for taxes, 401k, HSA, dental, and mortgage. They also include additional income from TikTok and a brand deal, showing a total take-home pay of $4,926, with $1,676 left for personal spending or further investment.

Structure

1Introduction of salary and goal
2Breakdown of primary job income
3Inclusion of TikTok and brand deal income
4Deduction of pre-tax expenses
5Deduction of taxes

Original caption

Budget my paycheck with me #PersonalFinance #budgetfriendly #payday #invest #moneytips

More from @apetrovs

Product placement

TikTok (ACTS - generates income for the creator, removing it would change the video's financial breakdown), PayPal (APPEARS - a payment processor shown on screen, removing it would not change what happens in the video), SoFi HYSA (ACTS - a savings account where money is deposited, removing it would change the video's financial breakdown), Fidelity brokerage (ACTS - an investment platform where money is transferred and invested, removing it would change the video's financial breakdown)

On-screen text

$163k Payday Routine (as a 32 year old in NYC) (9-5 gross pay $6,833) (TikTok gross pay $1,700) $900.00 PAYPAL Payout sent on Aug 14 58/14 | Payout USD808.31 (Total gross pay $8,533) (401k $1,025 | HSA $25 | Dental $7) (9-5 Tax $2,022) (TikTok Tax $510) Sofi (SoFi HYSA) (Free cash flow $1,676) (Fidelity brokerage $1,000) (Mortgage $2,250)

Transcript

My base salary is $163,000. That's $163,000 as a 32-year-old living in New York City. And I just got my budget my paycheck and see if I have any money left over. My gross pay for two weeks from my employer came to $6,833. But this month we actually had some extra income from TikTok. For TikTok views alone, I was paid $800. And for a brand deal that I completed last month, which I was finally paid, I was paid $900. But of course, that's just gross. Now let's go through all the deductions to see what's actually left over because I'm sure it's going to be a much, much smaller number. All my pre-tax deductions came to $1,057. And these are things like 401k, HSA and dental. After that, we have to start paying taxes, and it is a lot. First, $2,022 comes out directly from my employer paycheck. But we are not done yet because we have to pay taxes on all that extra income. I put aside $510 into my SoFi high yield savings account in order to pay taxes on that later. And of course, I linked it at the top of my page if you want to check it out. We are left with $4,926 to go and invest and pay off bills. The first thing that I do is then transfer $1,000 to my Fidelity brokerage account to then invest in QQQ and Bitcoin. After that, we just have to pay off my portion of the mortgage, which is $2,250. That means after all bills paid and investments, I am left with $1,676, whatever I can do whatever I want with.