How Much Money Do You Really Need In A Year?

puffpuffPASSEDOUT

puffpuffPASSEDOUT

Well-Known Member
how much money do you really need to make/have in a given year? ....But be serious. Everyone wants as much as they can get, but how much do you feel you really need to feel comfortable? ...explain :)
 
me personally i would need atleast 50k. I would need to pay for my house and cars etc.. and would like atleast 20k to play with. ...with inflation though i would probably opt for 60-65k. I would also like to put atleast 10k a year away for retirement.
 
Honestly? I could live like a king off 24k a year................after taxes.

So thats about 32 yr. pre tax.
 
I jus did a test to see how much money It take for 2 1/2 weeks, I had 300 dollars, i've gotten 3 8ths n have got what I've needed, food, ate out once at a nice resteruant, gotten a few clothes nothin major, so around 450-600 is wut I run thru a month on my part and spending besides bills n shit,
 
puffpuffPASSEDOUT said:
damn really? ..its that cheap there?
Click to expand...
More money woudln't hurt, but I got everything I need, including a car, nice pc with dual monitor setup, house with a pool and another small one closer to cape town.
But that doesnt matter, you can't eat money. I enjoy living in the rural countryside, and food etc is cheap here, is a bitch organising electronic components for prototypeing and projects though.
Luckily I'm much more patient now. You are doing realy well if you take home $15 to $20000 per year though.... BWM's etc....
 
puffpuffPASSEDOUT said:
Everyone wants as much as they can get, but how much do you feel you really need to feel comfortable? ...explain :)
Click to expand...

Thanks for lumping me in with your mentality... I live on just under £5000 a year very comfortably and even then i am hugely wasteful. If i have food and water, then i am not really sure what else i need money for. Anything i do spend it on is purely because i can, not because i want or need to, for example paying for gas, is a bit of a joke, wood works just fine.

I mean what is feeling comfortable, i put a scarf on and i feel comfortable, buying new clothes and going to fancy resteraunts does not make me feel comfortable.
 
Whatever you get is a poor reward for missing out growing up in family compounds, living off the land, knowing your ancestors, haveing work seasons and rest seasons....
 
Aye, i love the concept of work and rest seasons, that you pull in a years worth of crop at a time kinda thing. As to knowing your ancestors and such, well sod that
 
I would have to say 75k before taxes but then the state im in is exspensive as hell, and that would be living cheap. But what is comfortable to you is not comfortable for another. I will tell you my biggest bill is weed hands down. My fiance and I always end up smoking between 1 and 1/2 to 2 ounces a month. I have nowhere to grow otherwise i could eliminate this problem
 
I read an article somewhere of a Chinese college exchange student living in America, she lives off $50 a month. Can't remember if it was for just food or everything.
I live off about $1000 a month. But I do live in a heavily taxed socialist country. I enjoy living quite luxuriously so ideally I find about 75+ thousand USD a good amount.
 
With my current standard of living, household income needs to be around $200,000/year. I currently make the brunt of that income and my wife carries the rest. But soon she will be a hygienist and we will be in the quarter million bracket!

To answer the question though, I would need to drastically reduce my standard of living. But I think our government has it wrong, they seem to think $18,000/year is enough to just get by ( poverty line ) -- which I don't think is the case. I would think somewhere in the mid to upper 20's is more like it. And it totally depends on where you live.

I live in one of the most expensive places in the US. I drive a really expensive car. I have nice toys, and I travel a fair amount... so my standard of living is A LOT higher than most.
 
Living in Canada i did not work last year but made about 17000$,plus the 50000$ my man makes. i have a new car, trucks to mudd in, a 26ft boat, and all the weed i can smoke, If i want something i get it, then make more money. See4 u don't need all that money, u make the choice to live a rich mans life, but money wont ever make u happy. I had a very good job that paid very well and included 4 weeks off paid vacation every summer plus all the other holidays, i hated my life, now i actualy have a life, fuck i made about 200$ yesterday just cleaning a car. Most times i have no idea what day of the week it is lmfao, life is sweet!!!
 
hey,, I would like to earn enough to never have to think about how much Im bringing in and how much is going out. that my idea of comfy,when you dont need to think of how much you spend/use.

Currently I live on (earn after taxes) £13,000 per annum. thats apparntly about $20,875.85(USD) after conversion. I live quite happily on that but do go through bouts where I have spent all my cash and have to wait to next pay day but I dont go hungry and thats fine with me.
Saying that I would like abity extra disposable cash,, so I can get things fixed when they break instead of having to budget it in to next months pay,,so Id say £15,000 and Id be happy. But then If I did get that I'd probly say I wanted more. ha.
 
After having just done my taxes I can honestly say I was quite comfortable last year with just over $30k. But "comfortable" is very subjective. When we get down to brass tacks there are a few people out of touch with reality that would say $30k is not nearly enough. Then you realize 90% of this Earth's population makes way less than that if anything at all. I am a rich man compared to the majority of my other brothers and sisters of this planet. The less you want the more you got.
 
ANC said:
More money woudln't hurt, but I got everything I need, including a car, nice pc with dual monitor setup, house with a pool and another small one closer to cape town.
But that doesnt matter, you can't eat money. I enjoy living in the rural countryside, and food etc is cheap here, is a bitch organising electronic components for prototypeing and projects though.
Luckily I'm much more patient now. You are doing realy well if you take home $15 to $20000 per year though.... BWM's etc....
Click to expand...

So say I brought 300k USD I would be able to afford bwms a big house, and some land?
 
Poverty itself is subjective other than being stone broke. $18,000 is poverty line? that's hardly poverty. Poverty line is just a term based on our greed and expectations. someone can't afford a propper mobile phone or name brand clothes or to goto the pub, that doesn't mean they are living in poverty, simply how our societies wish us to percieve poverty, so that we're always striving to earn more and pay more tax :D
 
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