Take-home pay is the amount of money you actually receive after taxes and other deductions come out of your paycheck. It is also called net pay.
It matters more than your gross salary when you are trying to budget, because bills are paid with the money that lands in your account, not the headline number on your offer letter.
If you want a real budget, start with take-home pay and work backward from there.
Sources
This is general information, not professional financial advice. For decisions about your situation, talk to a qualified professional.
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