2007-01-23 06:20:01 · 16 answers · asked by bingungki 3 in Family & Relationships ➔ Marriage & Divorce
It depends on a lot of issues. Taxes are going to take about 20% of that, so figure you have about 45K +/- to live on or probably under $4K/month.
If you can live modestly, stay out of debt, drive used cars instead of new, etc, you can live quite well on that.
If you expect to have name brand everything, take exotic trips, charge tens of thousands on a credit card or other credit accounts, life will get rough.
It seems young people want everything their parents have today, but don't want to wait the 20+ years it took their parents to get it, so they go into debt.
Debt and money issues are one of the top killers of marriage. Stay out of debt, mutually agree on a spending plan (that sounds so much better that budget) and you will do quite well.
2007-01-23 06:27:49 · answer #1 · answered by camys_daddy 5 · 0⤊ 0⤋
Is that his take home pay? If you start investing now,maybe get a financial adviser, you can get a head start on saving money and making sure your future has some kind of security. It also depends on how much you spend frivalously.
2007-01-23 14:25:21 · answer #2 · answered by nuttin'fancy 5 · 0⤊ 0⤋
That is just fine if you live within your means and don't rack up debt.
For a NEW couple that is actually pretty good. Most of us started out lower than that. If you are going to have children he should be able to support you on that, no problem.
If you struggle on that salary, it's only because you blow your money on dumb stuff.
2007-01-23 14:24:46 · answer #3 · answered by fucose_man 5 · 1⤊ 0⤋
$5,000 a month is a lot. It can always help for you to get a job and make some money too - just for extra assurances. The best thing would be to spend wisely and don't overdo it.
2007-01-23 14:53:21 · answer #4 · answered by Rachel 7 · 0⤊ 0⤋
I agree with punkin, it depends on spending habits and other things you may want to purchase in the future. If / when you have kids, that amount per month may not be enough.
Why aren't you working?
2007-01-23 14:24:31 · answer #5 · answered by D.I.L.L.I.G.A.F. 3 · 0⤊ 0⤋
Hard to do what? Depends where you live. Depends if you want to rent or buy. Depends if you have kids. You're better off working so you have your own income and are able to help if needed.
2007-01-23 14:23:31 · answer #6 · answered by Candy C 2 · 0⤊ 0⤋
Yes because everything is going up, honey you are going to have to do something. Well have some kids and see if you like the future.
2007-01-23 14:26:51 · answer #7 · answered by creamy k 2 · 0⤊ 0⤋
i think you should be okay...however i have learned that you should stay in the work environment somehow...get a fun part-time job or something so you can contribute to the finances...and also...god-forbid...if anyting ever happens, you don't want to be too dependant on anyone!
2007-01-23 14:24:57 · answer #8 · answered by cantthinkofauseridsohereitis 3 · 0⤊ 0⤋
No, not unless you go over your budget. Make a budget. Very important.
2007-01-23 14:29:19 · answer #9 · answered by Love United 6 · 0⤊ 0⤋
Hard if you want a nice house, etc. Why don't you get a job?
2007-01-23 14:45:21 · answer #10 · answered by Anonymous · 0⤊ 0⤋