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Americans think they need to earn $233,000 to live comfortably, and $483,000 to be rich
Posted on 7/10/23 at 7:59 am
Posted on 7/10/23 at 7:59 am
The dollar really doesn’t go as far as it used to.
LINK
LINK
quote:
The average American feels they need to rake in $233,000 annually to live in financial comfort, according to a new survey by YouGov for Bankrate that polled over 2,500 people. That’s 310% more than the 2021 paycheck for the average full-time worker—$75,203, per the Census Bureau.And they think they need to earn twice that to feel wealthy—$483,000.
50
Posted on 7/10/23 at 8:00 am to Dragula
Depends where you live.
Posted on 7/10/23 at 8:01 am to Dragula
In southern Mississippi that’s about right…San Francisco…no.
Posted on 7/10/23 at 8:02 am to Dragula
I remember 10 years ago thinking “if I can just make it to 100k, I’ll be good.” Now I make more than that and I feel like I never have any money
Posted on 7/10/23 at 8:03 am to Dragula
quote:
The dollar really doesn’t go as far as it used to. LINK quote:The average American feels they need to rake in $233,000 annually to live in financial comfort, according to a new survey by YouGov for Bankrate that polled over 2,500 people. That’s 310% more than the 2021 paycheck for the average full-time worker—$75,203, per the Census Bureau.And they think they need to earn twice that to feel wealthy—$483,000.
You can live pretty damn comfortable with $483,000
Posted on 7/10/23 at 8:03 am to Dragula
quote:
“Somehow you just sort of settle in, and that becomes normal,” Miriam said. “Within the first two months I was like, wait what? I thought there’d be a huge pile of money in my checking account. It doesn’t have the staying power I thought it would.”
Life style inflation is a hell of a drug.
How is "comfortable" and "rich" being defined? This is meaningless otherwise.
Also $233K to be comfortable is frickin laughable. You can live a great life on far less.
Posted on 7/10/23 at 8:03 am to Dragula
You can be comfortable on a lot less than a quarter of a million. For some reason, I think people are starting to forget just how much money that is in comparison with their peers.
Including the obviously expensive places (DC, San Fran, ect) that still puts a household in the top 7-5% in America.
Including the obviously expensive places (DC, San Fran, ect) that still puts a household in the top 7-5% in America.
This post was edited on 7/10/23 at 8:05 am
Posted on 7/10/23 at 8:03 am to Dragula
quote:
Americans think they need to earn $233,000 to live comfortably
What a bunch of soft entitled twats.
Posted on 7/10/23 at 8:03 am to Dragula
quote:
the 2021 paycheck for the average full-time worker—$75,203
This is higher than I thought it would be.
Posted on 7/10/23 at 8:05 am to Dragula
To be honest, there was a time where i thought of i made 100,000 that i would be making it rain and could do just about anything i wanted.
After taxes and any other little deduction, each check really doesn’t have that much left in it. You can live ok but it’s not anywhere near what i thought it would be
After taxes and any other little deduction, each check really doesn’t have that much left in it. You can live ok but it’s not anywhere near what i thought it would be
Posted on 7/10/23 at 8:05 am to Dragula
live within your means
save hard
invest hard
make that much without even working
save hard
invest hard
make that much without even working
Posted on 7/10/23 at 8:06 am to Dragula
Yes, if you want to live in a city run by Progressives, you will need to make insane amounts of money.
Posted on 7/10/23 at 8:08 am to Dragula
Biden’s America.
Posted on 7/10/23 at 8:09 am to Dragula
I would rather have far less government and keep the nearly 50% of my paycheck that they steal.
Posted on 7/10/23 at 8:11 am to Landmass
quote:
I would rather have far less government and keep the nearly 50% of my paycheck that they steal.
Noone pays 50% effective tax rates outside of high earners in CA or NYC.
Fix your withholding.
Posted on 7/10/23 at 8:12 am to Dragula
quote:
$233,000 annually to live in financial comfort
Too high
quote:
$483,000 to be rich
Too low
Posted on 7/10/23 at 8:19 am to Dragula
Price of everything goes up exponentially and wages stagnate. We live in an awesome country.
Posted on 7/10/23 at 8:20 am to Gaston
quote:
In southern Mississippi that’s about right
quote:
$233,000 to live comfortably,
I live in south ms... maybe im just poor, and my comfort level is different, but it doesnt take anywhere near 230k to live comfortable here
Posted on 7/10/23 at 8:20 am to csorre1
$233k doesn't go that far after taxes, mortgage, car payt, car ins, cell phone bills, travel ball, maybe a vacation, investment savings & summer camp for 2 kids.... nothing excessive than your neighbors
Posted on 7/10/23 at 8:20 am to Dragula
I remember back in the day when I first crossed the $200k threshold and thought I was rich. I was far from it. I honestly don’t know how young people today can afford to live on less than that.
I’m guessing they’re piling up debt trying to be the Joneses.
I’m guessing they’re piling up debt trying to be the Joneses.
This post was edited on 7/10/23 at 8:22 am
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