ISA are great. Allows people to go college without going into debt or who can't get a loan. It's a win-win. Student gets a higher paying job with a degree, and the investor gets cash flow of passive income.
I mean come on… ISAs are great Yeah you pay more in the long run, but you have a job. Lots of people pay thousands of dollars into college and end up not having a job at all or a lower paying job, and they’re still stuck with student loan.
Yeah you’re not guaranteed a software job after the boot camp though, you could still end up paying the interest amount from your grocery store salary.
let's say you earn 60 k a year, you're paying 17% pre tax, you end up with 49,800 a year yet to be taxed, are you taxed for the original 60 k you earned or for the 49,800 you ended up with after paying the 17%, I'm not sure if Not deductible means you're taxed based on the 60 k but it wouldn't make sense to pay for a tax of an income you didn't end up with
ISA are great. Allows people to go college without going into debt or who can't get a loan. It's a win-win. Student gets a higher paying job with a degree, and the investor gets cash flow of passive income.
I wouldn't say they're great. More like a last resort, and it might not be immediate debt but you end up paying more in the long run soooo
@@CarlosSilva-qp9im over employment solves this
Just the type of info i was looking for to reflect one, thank you! keep up the good work!
Thank you!
I mean come on…
ISAs are great
Yeah you pay more in the long run, but you have a job.
Lots of people pay thousands of dollars into college and end up not having a job at all or a lower paying job, and they’re still stuck with student loan.
Yeah you’re not guaranteed a software job after the boot camp though, you could still end up paying the interest amount from your grocery store salary.
let's say you earn 60 k a year, you're paying 17% pre tax, you end up with 49,800 a year yet to be taxed, are you taxed for the original 60 k you earned or for the 49,800 you ended up with after paying the 17%, I'm not sure if Not deductible means you're taxed based on the 60 k but it wouldn't make sense to pay for a tax of an income you didn't end up with
It's informative thanks!!!!