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Started By
Message
re: What is the new 100k for salary?
Posted on 1/22/14 at 9:56 am to TigerHam85
Posted on 1/22/14 at 9:56 am to TigerHam85
quote:
You really live in ball?
Ball best place to raise kids in Louisiana
quote:
I am sorry, Ace.
Don't be. We like boring.
1
Posted on 1/22/14 at 9:56 am to yellowfin
I remember my old roommate telling me that he would consider himself a failure if he wasn't making $100k by 30...
...he is now 30 and selling cellphones at a mall kiosk
reality hits hard sometimes
...he is now 30 and selling cellphones at a mall kiosk
reality hits hard sometimes
This post was edited on 1/22/14 at 9:57 am
Posted on 1/22/14 at 9:57 am to Salmon
quote:
that was about someone making $50k...
It's still not true. A single person can live very comfortably on $50k a year while doing all that stuff. (well maybe not the $700 child care, but a single person shouldn't have that, right
)
Posted on 1/22/14 at 9:58 am to Salmon
That's awesome
Posted on 1/22/14 at 9:58 am to Platinum
quote:
The average decent family cookie cutter livable house in city limits is about 300K, easy.
Posted on 1/22/14 at 9:58 am to TheCaterpillar
quote:
My fiance and I make around 100k combined. However we are both 26 and have zero debt.
Is that a good start in the opinions of OTers?
That's a good start in he opinion of FACT.
Posted on 1/22/14 at 9:58 am to Salmon
quote:
I remember my old roommate telling me that he would consider himself a failure if he wasn't making $100k by 30...
...he is now 30 and selling cellphones at a mall kiosk
He must be a real loser.
quote:
100K in Baton Rouge ain't that big a deal, brah.
from what I hear anyway.
Posted on 1/22/14 at 9:59 am to NOX
His screen name is Platinum, he must be rich
Posted on 1/22/14 at 9:59 am to Sophandros
quote:
Then again, I think that your mortgage estimate is high by a few hundred dollars.
It's not high. That's including homeowners, flood, PMI, property tax, P and I. And it also includes only putting 3.5% down. That's what it will cost in the NOLA and surrounding areas anyway.
Posted on 1/22/14 at 9:59 am to Ace Midnight
I enjoy low key also, but a friend of mine bought a house in ball a year or so ago. He was all excited about it. I pulled up and thought it was the biggest waste of money I had ever seen, even more so than a doublewide. There was absolutely no way that that house in that neighborhood will appreciate over time with those blue tarps all over those roofs.
Posted on 1/22/14 at 9:59 am to LNCHBOX
quote:
My wide and I don't make $100k combined and we live nice enough
You live with your parents...
Posted on 1/22/14 at 10:01 am to HeadyMurphey
quote:
You live with your parents...
And close on our house next month
And we lived on our own for two years prior to living with the rents while we found our house. Nice try though.
Posted on 1/22/14 at 10:01 am to CurDog
quote:
the house is 20 years old
The original part of our house is 97 years old. Addition is 8 years old.
So I chuckle at people who complain that their house was built in the 1990s.
Posted on 1/22/14 at 10:03 am to Sophandros
My house was built in the 60s, that just means I don't live on a lot that was a cane field 5 years ago
Posted on 1/22/14 at 10:04 am to LNCHBOX
quote:
And it also includes only putting 3.5% down.
This and the flood insurance in NOLA were factors I didn't include.
ETA: the assessor's office in NOLA is starting to assess a lot of homes at a higher value these days. I know that some have expressed concerns over whether living in NOLA will be affordable for the working class person in the coming years. Thoughts on that?
This post was edited on 1/22/14 at 10:08 am
Posted on 1/22/14 at 10:05 am to Sophandros
Depends on the area. In NOVA I think 250k for a household income makes you about average for most areas.
Posted on 1/22/14 at 10:06 am to VABuckeye
quote:
In NOVA I think 250k for a household income makes you about average for most areas
yeah and that is one of the wealthiest areas of the country
Posted on 1/22/14 at 10:06 am to bamaphan13
I hit 180k last year. Single, no kids, and work 2/3 of the year. I realize it's out of the ordinary. I'm hoping to be >200k this year.
I've made >100k every year except my first 6 months working after graduation. 5.5 years out of LSU now.
I've made >100k every year except my first 6 months working after graduation. 5.5 years out of LSU now.
Posted on 1/22/14 at 10:07 am to Sophandros
quote:
This and the flood insurance in NOLA were factors I didn't include.
I figured since we were talking about someone only making $50k, they wouldn't have $30k to put down on the house. Just wanted to give a realistic showing of how one could live off $50k salary and still own a home and have a decent car etc.
Posted on 1/22/14 at 10:07 am to Jobin
petroleum engineer?
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