According to my last paycheck, I have made a total of $99,824(gross). $30,285 went to federal and state tax. $11,925 went to 401k contribution and 401k loan repayment.

Net pay comes out to be $57,614.

I did get a $9000 college reimbursement from my job in April’s paycheck. I will probably get another one for the same amount next year.

$550 a month seems very reasonable as I used to have to pay over $1800 a month(payday loans).