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Started By
Message
What's the minimum amount of money you need to live comfortably?
Posted on 6/24/17 at 8:00 pm
Posted on 6/24/17 at 8:00 pm
In the city you currently live in?
I know it's the OT so people living in BR will clearly need a few million a year to live there, but I'm curious.
In Boston, between my wife and I, I think the minimum would be $150,000. Wouldn't be a luxurious way of living, but it would be enough to have a nice life.
ETA: in my situation, this is sans children.
I know it's the OT so people living in BR will clearly need a few million a year to live there, but I'm curious.
In Boston, between my wife and I, I think the minimum would be $150,000. Wouldn't be a luxurious way of living, but it would be enough to have a nice life.
ETA: in my situation, this is sans children.
This post was edited on 6/24/17 at 8:05 pm
36
Posted on 6/24/17 at 8:00 pm to AbitaFan08
Three fifty
Posted on 6/24/17 at 8:05 pm to AbitaFan08
San Jose, CA
Married with no kids - 125-150k
Married with kids - 200k+
Married with no kids - 125-150k
Married with kids - 200k+
Posted on 6/24/17 at 8:05 pm to AbitaFan08
I could make it on about $50K, but it wouldn't be particularly comfortable and that would include no savings.
If I scaled back to my college standard of living, I could get by on a pretty good bit less than that.
If I scaled back to my college standard of living, I could get by on a pretty good bit less than that.
Posted on 6/24/17 at 8:06 pm to AbitaFan08
Married with kids in EBR you need 150k -200k.
Posted on 6/24/17 at 8:11 pm to AbitaFan08
Nashville, TN. My wife and I make a shade under $100k and live very comfortably and have two kids. The only debt we have are our house and about $15k in student loans. No credit card debt and no car payments.
This post was edited on 6/24/17 at 8:12 pm
Posted on 6/24/17 at 8:12 pm to AbitaFan08
NYC $400k
2 kids and own a place.
2 kids and own a place.
This post was edited on 6/24/17 at 8:13 pm
Posted on 6/24/17 at 8:13 pm to AbitaFan08
Sugarland Tx.
Single no kids - 40
Once my SO moves here? Don't want to think about it
Eta: moved here with zero debt post grad.
100k would be f* you money in my situation.
Single no kids - 40
Once my SO moves here? Don't want to think about it
Eta: moved here with zero debt post grad.
100k would be f* you money in my situation.
This post was edited on 6/24/17 at 8:15 pm
Posted on 6/24/17 at 8:14 pm to AbitaFan08
I make around 50k as a single guy in Memphis and live exactly the way I want to, would probably need double if I had a family to support
Posted on 6/24/17 at 8:18 pm to AbitaFan08
Comfortably? That's subjective as hell.
Posted on 6/24/17 at 8:19 pm to AbitaFan08
60k needed here but me and my wife are operators and make shite tons of money
Posted on 6/24/17 at 8:20 pm to AbitaFan08
Annually?
And how do you define comfortably? Assuming I would be paying a house note, car note, gas, cell phone, cable, utilities, insurance, property tax, groceries, a budget for clothes (there will be times when you have to buy new shoes, replace old clothes, etc so you would need a budget for this) and a budget for entertainment (if we are talking about living comfortably, which means having enough money go out to dinner, go have drinks, movies, attend games, take a day trip somewhere, etc without it putting you in a jam) and have money to save (two savings, one goes towards investment the other is short-term savings to go on vacation, etc).
Maybe $75,000.
If we are talking about managing your money without having to have the latest and greatest vehicles, not purchasing an overpriced cookie cutter house in the next trendy neighborhood. It could be done with maybe... $45k.
And how do you define comfortably? Assuming I would be paying a house note, car note, gas, cell phone, cable, utilities, insurance, property tax, groceries, a budget for clothes (there will be times when you have to buy new shoes, replace old clothes, etc so you would need a budget for this) and a budget for entertainment (if we are talking about living comfortably, which means having enough money go out to dinner, go have drinks, movies, attend games, take a day trip somewhere, etc without it putting you in a jam) and have money to save (two savings, one goes towards investment the other is short-term savings to go on vacation, etc).
Maybe $75,000.
If we are talking about managing your money without having to have the latest and greatest vehicles, not purchasing an overpriced cookie cutter house in the next trendy neighborhood. It could be done with maybe... $45k.
Posted on 6/24/17 at 8:28 pm to AbitaFan08
For a single person here in DC I'd say $75,000. That wouldn't be luxurious but you'd be able to afford a decent place and to eat out every now and then.
Posted on 6/24/17 at 8:40 pm to AbitaFan08
Live south of Nashville 60 miles. 1 kid. Combined income of $95-100,000. Own home, couple decent vehicles and no other debt to speak of. Save a little, go on vacations when we get ready, and eat out more than we should. I would say we live comfortable. Might not be comfortable to some people, but momma's happy, and in the end, that is all that matters to me.
This post was edited on 6/24/17 at 8:42 pm
Posted on 6/24/17 at 8:50 pm to AbitaFan08
40k would cut it.
Posted on 6/24/17 at 8:53 pm to GreatLakesTiger24
A bachelor could live comfortably on $30k around here. $50k would be baller money.
Posted on 6/24/17 at 8:53 pm to AbitaFan08
To own a home in a decent area, married with kids - probably a dual income of $130 or so.
Posted on 6/24/17 at 8:54 pm to AbitaFan08
I could do 50k
A month
A month
This post was edited on 6/24/17 at 8:55 pm
Posted on 6/24/17 at 8:59 pm to AbitaFan08
So cal, at least 150K for (ex)wife and kid
Posted on 6/24/17 at 9:05 pm to AbitaFan08
I am a single guy in NOLA and I make 70k. Comfortable is subjective but I am comfortable. What does that mean? I live on about 50% of what I take home. I love that I have zero money worries. I don't have any concerns about bills at the end of the month BUT I am a renter living in an ok small place ina good area... I am ok with that. I also have a 10 year old car. Would I be able to own a home and support a family? I doubt it... but I am not really looking for that.
This post was edited on 6/24/17 at 9:06 pm
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