What is Salary level where someone can be considered well off?
2007-02-27 03:16:24 · 15 answers · asked by Michael F 1 in Business & Finance ➔ Careers & Employment
no it's not a lot but you could possibly be considered well off (once you have worked many years on that salary and have a nice home, car, bank balance, etc).
2007-02-27 03:24:46 · answer #1 · answered by Tha Most Shady 3 · 0⤊ 0⤋
It is a nice amount. It would be considered well off. But it's not so much that you can just go about buying indiscriminately. It seems that no matter how much you make, it is still easy to over spend. At least for me it is.
2007-02-27 03:26:35 · answer #2 · answered by colorados_lost_rose 3 · 1⤊ 0⤋
Compared to a janitor only making 20 or a teacher averaging 20-28,000 a year, that is definately a lot of $$$
2007-02-27 03:26:23 · answer #3 · answered by dadknows 4 · 1⤊ 0⤋
again in real world location, location makes a difference.
there people out there who make that muck and are really broke one paycheck from homeless, so a number with out context is with out value.
100K in CA ,NY , TX, MT are different values.
average family survives on 36- 43,000 yr.
smart folks can be well off at 30K yr.
suggest you visit daveramsey.com to learn what colleges don't teach what bankers credit slave cards pray you never ever learn or worse apply.
how to manage your money not to be managed by it.
2007-02-27 03:29:04 · answer #4 · answered by Anonymous · 0⤊ 0⤋
It all depends on the lifestyle u lead. If they told Warren Buffett to live on $100K he would be in tough shape; the guy who has all his worldly possession in a shopping cart over near the highway overpass would love the $100K!
2007-02-27 03:23:22 · answer #5 · answered by Jim G 7 · 0⤊ 0⤋
this is a huge question for one so youthful. £a hundred,000 according to twelve months is rarely earned by utilising engineers although this is performed. As a Chemical Engineer your perfect hazard of massive funds is to artwork faraway from homestead for between the great oil agencies. they in simple terms take on the perfect graduates so which you will could desire to do nicely at college. stable success.
2016-10-02 01:57:28 · answer #6 · answered by Anonymous · 0⤊ 0⤋
It depends on what you do for a living, and where you live. But for the most part, yes it is a lot of money. I sure wish I made that much!!
2007-02-27 03:25:50 · answer #7 · answered by daniellet_212 2 · 0⤊ 0⤋
Personally I consider anyone from $50,000+ to be "well off."
Don't expect to get above $50K for quite some time if you're a new grad though.
2007-02-27 03:23:16 · answer #8 · answered by FaZizzle 7 · 0⤊ 0⤋
Considering that the average American makes about 20,000 dollars a year, yes, yes it is.
2007-02-27 03:18:52 · answer #9 · answered by Maxie D 4 · 1⤊ 0⤋
I consider a six figure income very well off.
2007-02-27 03:24:04 · answer #10 · answered by lremmell64 4 · 1⤊ 0⤋