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re: How much money does one need to make to be comfortable?
Posted on 2/6/19 at 8:15 pm to Arch Madness
Posted on 2/6/19 at 8:15 pm to Arch Madness
Depends on many factors, most importantly where you live
0
Posted on 2/6/19 at 8:15 pm to Arch Madness
What are you talking about junior. Do you not expect to get raises
Posted on 2/6/19 at 8:16 pm to Arch Madness
quote:
Arch Madness
I'd say you're good. Put some of that away before you have wife/kids/house. You'll thank yourself later!
As for your question -- I read somewhere that the average family in the average American city needs between $120 and $150k to be comfortable in today's economy. So $80k as a single guy is pretty good.
This post was edited on 2/6/19 at 8:18 pm
Posted on 2/6/19 at 8:17 pm to Arch Madness
quote:
But is that figure still good once you’re in the 30s/40s?
Like what is a number that is comfortable? I just said 80 as a starting point
That's not something you need to worry about right now. If you've been given an offer of $80k and you're young and single in the south, you're doing well. The bigger dollars will come if you focus on your job.
Posted on 2/6/19 at 8:19 pm to Arch Madness
“More...”
Posted on 2/6/19 at 8:23 pm to Arch Madness
quote:
How much money does one need to make to be comfortable?
More.
ETA - too late
This post was edited on 2/6/19 at 8:24 pm
Posted on 2/6/19 at 8:24 pm to Arch Madness
Very few people that make 80k aren't aware of what earning 80k means. IDC where you live or your costs of living.
The best years of income we all have are fewer than more common. Save save save save, but play some. You aren't rich unless you're damn rich. Well off doesn't mean shite. When you're 50-60 and older and haven't saved money... that's when regret sets in.
The best years of income we all have are fewer than more common. Save save save save, but play some. You aren't rich unless you're damn rich. Well off doesn't mean shite. When you're 50-60 and older and haven't saved money... that's when regret sets in.
Posted on 2/6/19 at 8:26 pm to Arch Madness
Am I the first?
Bout tree fiddy
Bout tree fiddy
Posted on 2/6/19 at 8:28 pm to GregMaddux
Who wouldn’t expect raises haha? I’d like to know how much money one needs to make to not feel left behind/missing out on stuff that the moderately rich people enjoy (200K+)
With enough of an amount to occasionally splurge on nice things but still obviously live within ones means, even if it means running a tight ship.
I just would hate seeing all my friends/acquaintances going off on nice vacays and living all extravegently if money was preventing me from having that lifestyle at least once or twice a year. At least one cool function a month to plan for is ideal
With enough of an amount to occasionally splurge on nice things but still obviously live within ones means, even if it means running a tight ship.
I just would hate seeing all my friends/acquaintances going off on nice vacays and living all extravegently if money was preventing me from having that lifestyle at least once or twice a year. At least one cool function a month to plan for is ideal
This post was edited on 2/6/19 at 8:32 pm
Posted on 2/6/19 at 8:29 pm to Arch Madness
Depends on where you live and how you live. If you like having a really nice vehicle then fine but give me 80k a year and I'd be buying a cheapo car and house and spend what I save on experiences. Elk hunts and shite
Posted on 2/6/19 at 8:29 pm to Arch Madness
Depends on where you live and how you live. If you like having a really nice vehicle then fine but give me 80k a year and I'd be buying a cheapo car and house and spend what I save on experiences. Elk hunts and shite
Posted on 2/6/19 at 8:31 pm to Arch Madness
Everyone is different
Posted on 2/6/19 at 8:34 pm to Arch Madness
If you think that making $200k makes someone moderately or even approaching rich you’re badly mistaken.
The golden rule of money. It’s not what you earn, it’s what you keep. That’s how people get rich. Not by simply earning a number.
The golden rule of money. It’s not what you earn, it’s what you keep. That’s how people get rich. Not by simply earning a number.
Posted on 2/6/19 at 8:34 pm to yellowfin
It’s not how much you make, but how much you spend~ Outkast
Posted on 2/6/19 at 8:35 pm to Arch Madness
$200k/yr is moderately rich?
Asking for a friend...
Asking for a friend...
Posted on 2/6/19 at 8:35 pm to BuckyCheese
quote:
NYC 80k ain't gonna buy/rent shite.
Assuming they’re not in deep debt, a single person making $80k can easily live in NYC. You can get a Studio or 1 bedroom for $2k or you can get roommates in a 2-4 bedroom and pay $1,300-1,500. That leaves plenty money for savings and entertainment. Especially when you consider that your bills are minimal because you don’t need a car, car insurance, gas, car maintenance, etc.
Posted on 2/6/19 at 8:37 pm to Arch Madness
quote:
moderately rich people enjoy (200K+)
I mean the "+" part obviously is endless. But 200k for a family is far from moderately rich. Its upper middle class, but including the word rich is a stretch. Now if I was single with 200k income, I'd have enough money to get girls out of my dating class. And that's all one can ask for.
Posted on 2/6/19 at 8:40 pm to Arch Madness
Depends on your lifestyle and cost of living wherever you’re living.
There’s no set $$$ amount.
There’s no set $$$ amount.
Posted on 2/6/19 at 8:44 pm to bad93ex
All my figures are assuming single male...Since that’s me at the moment
Posted on 2/6/19 at 8:47 pm to Arch Madness
If you spend less than you make, you’ll be fine.
If you spend more than you make, you’ll never have enough no matter how much it is.
Find enjoyment in simplicity.
Do not try to keep up with the Jones.
Do not participate in the rat race. The winner is a rat.
Time is worth more than money.
Spend time with people you love.
If you spend more than you make, you’ll never have enough no matter how much it is.
Find enjoyment in simplicity.
Do not try to keep up with the Jones.
Do not participate in the rat race. The winner is a rat.
Time is worth more than money.
Spend time with people you love.
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