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Started By
Message
Live comfortably on $55,000 per year?
Posted on 4/16/14 at 9:37 pm
Posted on 4/16/14 at 9:37 pm
Graduating next month, and will be making around 55,000 starting right out of school. Anybody been in this situation and would care to share how they did coming out of school?
89
Posted on 4/16/14 at 9:37 pm to LSUTiger23
Define comfortable?
Posted on 4/16/14 at 9:38 pm to LSUTiger23
What city? That's not much after taxes:
Posted on 4/16/14 at 9:38 pm to LSUTiger23
Any debt?
Posted on 4/16/14 at 9:38 pm to LSUTiger23
not married and no kids?
yes you should be very comfortable
yes you should be very comfortable
Posted on 4/16/14 at 9:38 pm to LSUTiger23
You'll be fine, if no kids
Posted on 4/16/14 at 9:40 pm to LSUTiger23
Can't answer without:
city
martial status
number of children
city
martial status
number of children
This post was edited on 4/16/14 at 9:40 pm
Posted on 4/16/14 at 9:40 pm to LSUTiger23
Most people aren't living comfortably. Whether it's 50k, 100k, or 200k...most will just spend more and live a more extravagant lifestyle.
Posted on 4/16/14 at 9:40 pm to LSUTiger23
You loser
Posted on 4/16/14 at 9:40 pm to LSUTiger23
Of course.
Posted on 4/16/14 at 9:41 pm to LSUTiger23
You'll be fine.
Posted on 4/16/14 at 9:43 pm to LSUTiger23
It is really up to you and how you spend vs save, and budget.
Posted on 4/16/14 at 9:43 pm to LSUTiger23
That's about what I make in Houston and I've been working since January. Bought a truck and can still do what I want
Posted on 4/16/14 at 9:44 pm to LSUTiger23
Assuming no debt or family, that's about $3,000 per month take home. Assuming you rent for $750 that leaves $2,250 for food, gas, car insurance, entertainment, etc. if you can't live well on that you're doing it wrong.
Posted on 4/16/14 at 9:44 pm to LSUTiger23
55k right out of school is way above average
Posted on 4/16/14 at 9:44 pm to LSUTiger23
That's what my wife makes. She couldn't pay our bills/house/car note with her check alone.
Posted on 4/16/14 at 9:45 pm to LSUTiger23
You should get married and have kids as soon as possible so you pay less taxes.
Posted on 4/16/14 at 9:46 pm to LSUTiger23
quote:
Graduating next month, and will be making around 55,000 starting right out of school
should be no problem at all to live on that much money....don't be foolish and you will never worry about money...
Posted on 4/16/14 at 9:47 pm to LSUTiger23
It's very easy to live comfortably on $55K right out of college.
Posted on 4/16/14 at 9:47 pm to LSUTiger23
If you're not a moron and you have no kids, you'll live very comfortably.
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