Author Topic: What income will 50k in the bank make me a month?  (Read 1918 times)

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Offline Janice1971

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What income will 50k in the bank make me a month?
« on: August 02, 2010, 14:41:56 PM »
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Offline starman™

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What income will 50k in the bank make me a month?
« Reply #1 on: August 02, 2010, 14:51:25 PM »
Empty post?

50,000 lira may get you around 380 lira after tax per month if you are lucky. Not something you could survive on.

Offline Janice1971

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What income will 50k in the bank make me a month?
« Reply #2 on: August 02, 2010, 19:19:03 PM »
I just didnt know what else to ask!!!!!! 8)

Offline snowtop

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What income will 50k in the bank make me a month?
« Reply #3 on: August 04, 2010, 10:56:43 AM »
if you are talking of 50KGBP,  1.00GBP at the excahange rate of 2.3TL equates to 115,000TL. invested at an intrest rate of approx 9.2% (Ziraat)for 35 days, = intrest of 1014.52tl less tax at 15% leaves you approx 862.34TL to spend for 35 days.  This obviously depends on the intrest rate fluctuations.  i rigidly use a spread sheet & as soon as there is an alteration in the rates, i adjust my sheet accordingly.  Because i have over 100,000Tl in my account, i get approx 2% over base rate.  Each bank is different so why don't you start a spread sheet & compare the different banks.  i keep with Ziraat because when everybody was getting 7.5 -8%, i was still getting 11.5, this was because i took Tuba's advice & if this bank goes down, then turkey is bankrupt.




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