General Politics XII World • Page 401

I took last Monday off because I had a concert Sunday night.

 

You have the time, so take it off, sure, but you have to come up with plans for the day your are out, and then when you come back., you have to fix what broke....

 

YEP.
I joke that it’s more work not being there.

 

I need to make 600K a year to be successful and also I’m defintely going to be able to do that some day

 

no lie detected.

 

wait is that single or dual family salary people think is the MINIMUM to be financially successful??

millennials think you need to make 200k??????

I remember when @Wharf Rat said the goal was alway like 100k growing up to think you "made it," and that's always been in my head too growing up, and practically every single person i've talked to.

I don't think I've ever once talked to a single person that thought they needed to be making 200k to be financially successful.

 

$100K is nice.... As a married couple, we don't make $200K, but have a mortgage, 3 car payments and live paycheck to paycheck.... Financially, we will never be able to retire. :/

 

Yeah idk, depends where you live, if you have kids, if you have loans, etc. Everyone's number is different.

 

Teenager car payment? Why three?

 

He had a midlife crisis and bought a mazda miata

 

I had a friend in high school whose dad literally did this. A little lime green one. Haha.

 

*quickly closing the thread with the BMW convertibles* hi fellow not-midlife crisis havers

 

these people watch TikToks of people riding private planes to eat $150 steaks and think that's a normal lifestyle lol

 

$100k a year would be quite difficult for two or more people to live off with student loans depending where you live

 

I am interviewing for a job that pays 100k next week, which would be a 40% pay rise from my current one.

I am very fortunate to live a moderately modest life style so I hope I can afford to keep my fiancee afloat who is, to be frank, not well enough to be working the rest of her life, but given my country's extremely good social safety net coupled with tax deductibles for single earners as well as child support, it seems entirely possible.

not enough for that green 4 series though haha

 

To live comfortably in a mid-size US city, I feel like a single person needs to clear like $150K right now.

Thats taking into account wanting to live in a desirable neighborhood in the city, having a car/insurance, being able to take 2-3 vacations, have a social life, etc.

also there’s a good chance you have loans if you’re making that much money as well.

 

I could live pretty comfortably by myself on around 50k a year, but also I don't have student loan debt or car payments or a child or a house.

 

2-3 vacations!? I haven't been on one in at least 4 years lol

 

I imagine. I ... yeah, I dunno, those numbers are staggering to me. (Also glad I don't watch TikTok or follow influencers that make me think I need any of those things I guess.)

What I have learned from talking to some of my sister's friends, and a few of my friends, is that I think about money very differently than my sister's generation. (About 5 year difference.) From a purely anecdotal way, I think because I was self employed so long I was averse to spending money and had a mentality of needing to save in case the next year was a down year, or that it could all just go away immediately. And while other people were upgrading their car after a new raise, or moving every 2 years, or taking lots of spendy vacations, I just kinda stayed level for a long time and saved. And then when I finally did have to get a real job, I didn't actually need to make a crazy high number to keep living a lifestyle that made me happy and I enjoyed.

I honestly don't even know what I would do with the money if I, alone, was making 200k a year ... like ... that seems, to me, like so much money I would probably just end up putting most of it in retirement funds? I am so very clearly not fun or cool.

 

dual income, no kids, sure is a nice lifestyle though; do recommend.

 

I mentioned this the other day when we were talking about this. Looking at like median incomes for where I live and then comparing it with what my household income is, I just don't get how people can afford to live in some places. We are double our counties median income and it's going to take serious effort to ever buy a house here.

 

Using Data US? Data USA

Or what did you use?

 

100k was always the "made it and be very comfortable" number in my head growing up too.

I got to that a few years ago, and my wife and I are solidly in the 100-200k range together, but her salary is basically just breaking even with childcare costs. Whether she goes back to work after we have our second kid is still very much up in the air.

In general, I'd say we're comfortable (no student loans and both our cars paid off helps a lot with that). One more bedroom would be nice, but our current interest rate is also really nice, and with the way housing prices have gone, we're effectively priced out of the size house we'd want in our area now.