re: How Many of You Make Enough to "Live Comfortably "?

quote:

---

And it's certainly not a struggle if you're able to put away that much. It takes most people several years to achieve that.

---

You know what I mean on the struggle there though. I don't want to mess with the house money but I still want to spend like I am keeping it available. I don't have a lot laying around right now until I can get the house built and under a mortgage.

Even then, the 50/30/20 rule is a rough metric these days. If you make 104k a year, bringing home roughly 1400ish a week or 6k a month. the 50/30/20 rule would hit you as follows:

50 on needs:
- 1500-2k mortgage
- 750 car payment
- 125 a month for car insurance
- 500 a month on groceries
- without insurance as consideration, you are out of your 50% now and that is pretty conservative numbers these days. this means that you make up for it on the 30% wants or the 20% saving.

- 20% savings looks around1200 a month into savings which would take you nearly a year to save up a 3 or 4 month emergency fund.

I would think it would be tough to live on 80k a year by yourself now, even in cheaper rural areas.

quote:

---

I think a single person making 50k would struggle without roommates. We've just destroyed the value of the currency.

---

It's all relative.

The two biggest wild cards are debt and healthcare. If you are healthy and have no debt you can make 50k work outside of the top 20-30 most expensive cities. But how many people go through life without loans and serious doctor visits? And let's face it - in today's modern world, jumpstarting your life (building a career, developing a social network and dating someone you want to marry) often requires you to move to one of those expensive cities.

quote:

---

How Many of You Make Enough to "Live Comfortably "?

---

Sure, I made enough to retire comfortably.

I didn't blow money on toys like boats, off-road vehicles, or other expensive hobbies that require depreciating assets. And I didn't blow money on expensive vacations. Worked my arse off and invested aggressively.

Now I'm in my 50s with a 3,400 sq ft house in a very safe neighborhood. I have $0 debt and a hot wife. My biggest expenses are about $1500/m for auto and home insurance and property tax. I'm financially set for life.

If a dumbass like me can do it, anybody can.

I do but dang, then there's always "more." Get into wealth building instead of just getting by and it feels like it always did before.

quote:

---

Do you really think it takes over $80k for a single person to "live comfortably" in Louisiana.

---

Single person? Yes.

Married with two kids under 18? No.

quote:

---

I live comfortably but I am a single man with zero dependents. I am also upset that I cannot attract a beautiful woman.

I have a great job. I make very good money. I have outstanding credit but I lack companionship. I am 56 years old and I really don’t want to live alone. I thought about suicide . It would break my family’s world if I died though.

---

Doesn't sound like you're living comfortably. Hope you seek help and find peace.

quote:

---

I drive an old paid-for truck, buy clothes at Sam's Club, and don't eat out much.
A sure fire recipe to make a woman someone else’s woman (especially point #3).

---

Do you want a woman who wastes money on eating out all the time? If you searched out single women shopping at Sam's or Aldi's for grocery basics, and if you exchanged recipes, you'd be on your way to finding a keeper.

Now if you're looking for the next generation of Sex and the CIty broads, you may never be able to afford them : mentally or monetarily.

Ask friends whose values you share if they know anyone.

Soon as my 3 kids get out of private school I will live like a king