• Hello, please take a minute to check out our awesome content, contributed by the wonderful members of our community. We hope you'll add your own thoughts and opinions by making a free account!

Living Wage

All depends on location and how you want to live. We live rather well on the income I’m blessed to make. If we find ourselves in a hole it’s nearly always because we mismanaged our money. You have to just do trade offs. Wife stays home so we don’t have to worry about childcare. We cook our own meals and don’t eat out a lot. Don’t take waste money on extravagant trips. Live within our means and for goodness sake stay away from credit cards. Oh and learn to fix what you can around the house yourself.

I say if you make 60-70k a year, you can live comfortably in the south as long as you don’t live in a city or on the lake.
 
Last edited:
If you woke up this morning,had heat,running water,roof over your head and transportation to work. You are wealthier than 95% of the worlds population. Sobbering and humbling. Everyone on here is in the top 5% wealthiest in the world.
 
A married couple both making 15.00 a hour is 60k?
1200$ a week gross, times 52. So yes
Wife and I make over $150k together and have rent at $800 a month, zero debt close to $150k in savings. Yet I still don’t feel comfortable or upper class despite technically being so.
should definitely not be renting! With interest rates like 1.9% on 15 year mortgage, coul get a good house for about 1000-1200$ mortgage and paid off in 15 years
 
Wife and I make over $150k together and have rent at $800 a month, zero debt close to $150k in savings. Yet I still don’t feel comfortable or upper class despite technically being so.
Not trying to affront you here but you live in a cheap area , have no debt , good income ? Not feeling comfortable is likely a result of personal views on what comfort and lifestyle you want versus living on edge or having to worry about bills . Definitely upper middle class and you should be a bit at ease ! You are doing good for yourself man .

Money comes and goes ! You are a successful person so don’t worry so much . That’s what I was raised to believe , don’t worry no matter what it seems like . Money comes and it goes . Don’t got it today might got it tomorrow .
 
Wife and I make over $150k together and have rent at $800 a month, zero debt close to $150k in savings. Yet I still don’t feel comfortable or upper class despite technically being so.

I think this is where you need to look. You're more than stable and solvent, and yet you haven't purchased a house either?

I think therein lies the crux of your situation.
 
Not trying to affront you here but you live in a cheap area , have no debt , good income ? Not feeling comfortable is likely a result of personal views on what comfort and lifestyle you want versus living on edge or having to worry about bills . Definitely upper middle class and you should be a bit at ease ! You are doing good for yourself man .

Money comes and goes ! You are a successful person so don’t worry so much . That’s what I was raised to believe , don’t worry no matter what it seems like . Money comes and it goes . Don’t got it today might got it tomorrow .
Yes, successful but not sure of myself. As some of you know, I have many struggles as we all do, history of addiction and consistent struggles of mental depression. Been sober 7 years now and have found a great career path and have been smart with money. I am afraid of life and the unknown so it’s hard for me to make a big purchase knowing that money does come and go.
 
The key is to make money and it never goes. Saving money is great but you need to grow the money you make. Buying and house, property, investments etc. The worst place to keep your money is on a bank. I got lucky in my early 20s buying property for the land it was on. The key is to never pay taxes on the investment you buy so you are always buying and Selling which makes you money but it’s not real money you can spend because it’s always going to the investment and turn so you keep that train moving and if you’re doing it right you growing your portfolio with bigger investments each time.
 
Back
Top