Saturday, November 27, 2010

Student loans.

I hate student loans. I have been under the millstone of a student loan ever since I restarted my uni studies about 10 years ago. The IRD insist on tacking 10% from my PAYE every fortnight which means that I am taxed at over 32%. If you include 15% GST the total money which goes to the government is over 40% of my take home pay. I have about $2300 to go on the loan now so I should be finished by the end of the year all things going to plan. I am looking forward to having just al little more left in the bank account next year if I can finally slay that horrid little leech.

1 comment:

  1. I feel your pain. Good luck as you slay the beast.