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re: Amount you need to earn to live comfortably by state
Posted on 5/8/24 at 6:40 pm to fareplay
Posted on 5/8/24 at 6:40 pm to fareplay
This is such a load of crap. Literally insane to think people need this level of support to 'live comfortably'. You can do it for far, far less. The fine print says its based on
50% spending on necessities
30% spending on discretionary spending
20% on savings
So in LA, based on the projected $194,000 estimate. That translates to
* $97,000 on necessities, or $8100 per month
* $58,200 on discretionary spending, or $4,900 per month
* $39,000 savings, or $3300 per month
5 grand a month as walking around money? Every single frickin' month? Holeee crap. If both of you are working full-time, and spending adequate time with two kids, you shouldnt have the time to spend $5K a month. Every month
50% spending on necessities
30% spending on discretionary spending
20% on savings
So in LA, based on the projected $194,000 estimate. That translates to
* $97,000 on necessities, or $8100 per month
* $58,200 on discretionary spending, or $4,900 per month
![](https://images.tigerdroppings.com/Images/Icons/Iconrotflmao.gif)
* $39,000 savings, or $3300 per month
![](https://images.tigerdroppings.com/Images/Icons/Iconrotflmao.gif)
5 grand a month as walking around money? Every single frickin' month? Holeee crap. If both of you are working full-time, and spending adequate time with two kids, you shouldnt have the time to spend $5K a month. Every month
Posted on 5/8/24 at 6:41 pm to RobbBobb
quote:I want to live in your version of LA where taxes don’t exist
So in LA, based on the projected $194,000 estimate. That translates to * $97,000 on necessities, or $8100 per month * $58,200 on discretionary spending, or $4,900 per month * $39,000 savings, or $3300 per month
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