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Like drive an decent or nice car, middle size house and yea phone and food bills still and not worry so much about bills and money. What do you think should be the salary range for that? Do you think I can live comfortably with about 50,000 to 60,000 a year. Or maybe even 70,000 to 90,000?

2007-10-23 12:55:37 · 6 answers · asked by Livelife5002 2 in Business & Finance Personal Finance

6 answers

So much of what your asking has to do with where you want to live. The cost of living in this country varies greatly from state to state, even city to city. You look at housing prices alone and you can get an idea of what I mean. In California you see 1200-1500 square foot houses selling for $500,000 where in Texas that same size house might run you $60-80,000.

You also mention things like your food bill. Do you want to eat out everyday or fix your own food at home each and every day? Eating out with your spouse 5-6 nights a week at 15-20 bucks a pop not to mention lunches and breakfast can cost 10-15 thousand more each year than shopping at the grocery store and preparing your own meals.

The bottom line is you have people living comfortably below $50,000 a year and those makeing over $200,000 that can't pay the mortage. Life is about choices and learning how to live within your means.

2007-10-23 13:06:01 · answer #1 · answered by SNCK 3 · 0 1

I live comfortably on 20,000 before taxes. The state says I qualify for food stamps. I don't agree with that, because I have a bunch in the bank and spend way less than what I earn. I have never had trouble paying bills, even when I have something unexpected happen.

2007-10-23 13:07:29 · answer #2 · answered by love 6 · 2 0

It really depends on where you are looking to live. Around here you can live comfortably on about 70K, but the average income in my area is around 120K. But if you go out of the city or into the country you can get by on 50K and be alright.

2007-10-23 13:05:20 · answer #3 · answered by paganmom 6 · 0 1

It has been done on under $30,000. There are lots of people earning over $100,000 that are in debt up to their eyeball's. It all depends on how you USE the money you have.

2007-10-23 15:31:22 · answer #4 · answered by STEVEN F 7 · 0 0

Depends on the area, as the mortgage and utility rates can very drastically. In my area, 70k is ok, but 100k gets you up to par with the neighbors.......

2007-10-23 12:58:49 · answer #5 · answered by Anonymous · 0 1

Everyone approaches this process differently, so use the tips that work best for you. More information, tips and help at http://moreaboutsalary.blogspot.com/

2007-10-24 01:41:55 · answer #6 · answered by Anonymous · 0 0

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