Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel
Member Login
Posted: 5/10/2003 2:39:26 PM EDT
Looking for a consensus. What do you guys think is a good wage. $40K a year? I've heard $60K a year was like the standard for threshold for upper middle class (if you're single).
Link Posted: 5/10/2003 2:52:26 PM EDT
Link Posted: 5/10/2003 2:52:39 PM EDT
I net about 26 grand a year, on VA disability. I'm single. Do just fine. Gotta be careful, save the nickels, but I'm better off now, than I EVER thought I would be...
Link Posted: 5/10/2003 2:55:25 PM EDT
I recieved a statement from my employer, it listed all my earnings, including paid benifits, total came out to just over $45,000.00
Link Posted: 5/10/2003 2:57:59 PM EDT
Originally Posted By 1shott: I recieved a statement from my employer, it listed all my earnings, including paid benifits, total came out to just over $45,000.00
View Quote
Wow, you're doing pretty good.
Link Posted: 5/10/2003 2:58:24 PM EDT
Originally Posted By clean_cut: Looking for a consensus. What do you guys think is a good wage. $40K a year? I've heard $60K a year was like the standard for threshold for upper middle class (if you're single).
View Quote
I couldn't live on either figure quoted any more.
Link Posted: 5/10/2003 3:02:21 PM EDT
Originally Posted By fight4yourrights:
Originally Posted By clean_cut: Looking for a consensus. What do you guys think is a good wage. $40K a year? I've heard $60K a year was like the standard for threshold for upper middle class (if you're single).
View Quote
I couldn't live on either figure quoted any more.
View Quote
Are you trying to make us all feel bad?
Link Posted: 5/10/2003 3:37:54 PM EDT
I remember making about 12k a year and dreaming about landing that 30k a year job and I would be all set with no money problems. Now between my wife and I we make over a 100k per year and you still have money worries. As others have said it's all relative. As your income goes up so does your mortgage payment, the price of your cars and the price of your toys. My first mortgage was $575/month. My current mortgage is $3200/month.
Link Posted: 5/10/2003 3:50:40 PM EDT
Like everyone else said it relative. One of my best friends makes quite a bit more than I do. He has a wife and three kids, I'm single. At the end of the month when all the bills are paid and everyone's been fed I have quite a bit more left than he does.
Link Posted: 5/10/2003 3:53:07 PM EDT
... It's not "good" money, but I would expect a single man to earn 120K + to live as one "desires" in this economy.
Link Posted: 5/10/2003 4:01:59 PM EDT
Originally Posted By clean_cut:
Originally Posted By fight4yourrights:
Originally Posted By clean_cut: Looking for a consensus. What do you guys think is a good wage. $40K a year? I've heard $60K a year was like the standard for threshold for upper middle class (if you're single).
View Quote
I couldn't live on either figure quoted any more.
View Quote
Are you trying to make us all feel bad?
View Quote
No, he's trying to tell ya he has 8 kids, and drives a '72 chevy!!
Link Posted: 5/10/2003 4:23:37 PM EDT
Making more money then you spend, while enjoying your work is "good money"
Link Posted: 5/10/2003 4:28:14 PM EDT
Well as an E-5 SGT in the Army I "made" enough to be "comparable" to 40K a year on the outside. I just quit a 62K/year job because I was treated worse than a common fucking janator my first two days at that job. I still don't have a job but am better off. "Good money" is what you can put in the bank and be comfortable with. Some are fine with 20K a year...others aren't happy with millions.
Link Posted: 5/10/2003 4:43:26 PM EDT
I am happy being self-employed and not having to make someone else rich. While I don't make tons of money I can say that I have very little stress employment-wise. Used to work for an electrical engineering firm making close to upper 5 figures.Too mnay hours away from my family. I would not go back to that type of work for 100,000 a year. YMMV
Link Posted: 5/10/2003 5:18:44 PM EDT
Originally Posted By clean_cut:
Originally Posted By fight4yourrights:
Originally Posted By clean_cut: Looking for a consensus. What do you guys think is a good wage. $40K a year? I've heard $60K a year was like the standard for threshold for upper middle class (if you're single).
View Quote
I couldn't live on either figure quoted any more.
View Quote
Are you trying to make us all feel bad?
View Quote
Nah. Frankly, you could say that's a good thing or a bad thing. Like it's already been said, it's all relative. The more you make, the more you spend, the more you owe. You end up getting trapped into a lifestyle and an income level. That's why I was stuck in Maryland the last 11 years.
Link Posted: 5/10/2003 5:33:11 PM EDT
Originally Posted By BillofRights: Making more money then you spend, while enjoying your work is "good money"
View Quote
As close to a "good" answer as anything. You will only understand this after chasing after "good" money.
Link Posted: 5/10/2003 5:47:09 PM EDT
You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA.
Link Posted: 5/10/2003 5:58:07 PM EDT
Around here, good money used to be $15 per hour (about $31K). That was before all of the mills closed. Now, I got guys begging for jobs at $8 per hour. It's all relative.z
Link Posted: 5/10/2003 6:03:21 PM EDT
[Last Edit: 5/10/2003 6:04:37 PM EDT by DarkNite]
[img]http://209.195.146.200/images/evil-pinkyringThumb.gif[/img] [b][size=5]ONE MILLION DOLLARS![/b][/size=5]
Link Posted: 5/10/2003 6:19:39 PM EDT
Originally Posted By DarkNite: [url]http://209.195.146.200/images/evil-pinkyringThumb.gif[/url] [b][size=5]ONE MILLION DOLLARS![/b][/size=5]
View Quote
[:D] Good answer!
Link Posted: 5/10/2003 6:25:49 PM EDT
IMHO, if you can save your annual salary every seven years, you are wealthy.
Link Posted: 5/10/2003 6:47:58 PM EDT
I'd say that if you're making $100k you're doing well. Not rich by any means but you can probably pay your bills and have some money left over for toys. Then again, like everybody else said, it's all relative. I got a 17% raise this year and about 50% last year and I still feel like I'm broke all of the time. The more you make the more bills you get.
Link Posted: 5/10/2003 6:58:50 PM EDT
Median household income is about $40K--half make more than that, half less. [url]http://www.census.gov/acs/www/Products/Profiles/Single/2000/C2SS/US.htm?Type=Tabular&Table=1&State=0[/url] has income distribution for the US and for individual states. They even go down to county level. I make "good money" but can't afford the $500K houses around here. So "good money" varies from place to place.
Link Posted: 5/10/2003 6:59:52 PM EDT
I'm a Manufacturing Engineer at Boeing and feel I do OK. My friend is a Senior VP at First Union, or whatever they call themselves this week. If his bonus is my salary, he feels cheated.
Link Posted: 5/10/2003 7:58:41 PM EDT
Originally Posted By NoVaGator: You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA.
View Quote
MINIMUM!! And that doesn't go all that far...... Some say your AGE * $1,000 Some say your AGE * $2,000 Some say your AGE * $10,000
Link Posted: 5/10/2003 8:05:48 PM EDT
Originally Posted By bigdb1: I'm a Manufacturing Engineer at Boeing and feel I do OK. My friend is a Senior VP at First Union, or whatever they call themselves this week. If his bonus is my salary, he feels cheated.
View Quote
... Hello my brutha! Rotorcraft plant eh? Comanche, CH-47 or V-22?
Link Posted: 5/10/2003 8:19:56 PM EDT
My current mortgage is $3200/month.
View Quote
COUGH!!!!! COUGH!!!!!! COUGH!!!!!!! That's over $38K a year!!!!!! That's a hell of an expensive doublewide!!!
Link Posted: 5/10/2003 9:38:45 PM EDT
$250K+
Link Posted: 5/10/2003 10:12:18 PM EDT
Originally Posted By Winston_Wolf:
Originally Posted By bigdb1: I'm a Manufacturing Engineer at Boeing and feel I do OK. My friend is a Senior VP at First Union, or whatever they call themselves this week. If his bonus is my salary, he feels cheated.
View Quote
... Hello my brutha! Rotorcraft plant eh? Comanche, CH-47 or V-22?
View Quote
Actually, I just transitioned the Apache airframe out of the plant (brought it in too). Hell, I get a call from Korea once a week or so. Current assignment is V-22.
Link Posted: 5/10/2003 10:17:10 PM EDT
[Last Edit: 5/10/2003 10:18:43 PM EDT by Winston_Wolf]
Originally Posted By bigdb1: ... Hell, I get a call from Korea once a week or so.
View Quote
... Yup, they were looking for folks in Mesa to do one year there. No way in Hell.
Link Posted: 5/10/2003 10:28:28 PM EDT
hell If I get a job at $14hr I will feel Like im doing good... but thats because im used to neting 7k per year living at home and owning nothing but a P/U Ive never known anything other than being broke so its relitive. Cant say Im not happy tho. I dont really spend money on anyhing Im a stay at home kinda person not real into going clubbing and crap like that or going to starbucks and throwing down cash for overpriced coffee. Or having a cell phone that costs me $100 month. All stuff most of my friends do to each his own I guess... Call me cheap happy. And to me that is what matters. If ya want to live in a box car and your ok with that IMO your better off than the guy driving an H2 who is pissed off all the time because of the time he puts in at work.
Link Posted: 5/10/2003 10:34:47 PM EDT
Originally Posted By Winston_Wolf: ... Yup, they were looking for folks in Mesa to do one year there. No way in Hell.
View Quote
They asked me too, applied a little career pressure even. I told them I liked my dog on the floor by the couch, not on my plate by the beans.
Link Posted: 5/10/2003 11:01:11 PM EDT
Originally Posted By Jim_Dandy:
My current mortgage is $3200/month.
View Quote
COUGH!!!!! COUGH!!!!!! COUGH!!!!!!! That's over $38K a year!!!!!! That's a hell of an expensive doublewide!!!
View Quote
Yeah, but it's got a redwood deck!
Link Posted: 5/10/2003 11:04:47 PM EDT
I am not the type who likes to brag, but let's just say in my prime earning days, I was making in the upper 4 figures.
Link Posted: 5/10/2003 11:07:14 PM EDT
I'm 21 and made a little over 40k last year? Is that any good? I'm single when it suites me and I can shoot or buy any gun I want when I want it. I think its all right.
Link Posted: 5/10/2003 11:27:14 PM EDT
[Last Edit: 5/12/2003 1:41:32 PM EDT by TREETOP]
Link Posted: 5/11/2003 12:35:37 AM EDT
Originally Posted By NoVaGator: You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA.
View Quote
That is no joke out here in CA. I live in an average neighborhood and the homes here go for about $500k. Luckily we bought right before the boom for less than half that. I don't know how people afford these homes, even with cheap interest. Hell, in my mom's neighborhood the average price is $700k and that is with 40yr old homes. One of my good friends just paid $1.2m for what amounts to a large tract home. Between me and the wife we do OK, but definetly can't buy on whims (though we try). And affording out house at it's current value wouldn't be too much fun. Four us to be totally comfortable, as in no money worries, we would have to make about $300k a year. But when that happens you buy a bigger house and have the same worries. Back in my late twenties I was making about 30k a year and living large cause I had cheap rent and no girlfriend. Should have spent more of that money on guns. [:)]
Link Posted: 5/12/2003 12:52:49 PM EDT
I am currently considering job offers for 250k+ email me [;)]
Link Posted: 5/12/2003 1:02:26 PM EDT
I'll say this. If you don't pay attention to how much you're spending, it's not gonna be enough. TXL
Link Posted: 5/12/2003 1:09:42 PM EDT
Well, I almost fit that description and as others have said, it's all relative. I pay 1/3 to the feds, a full social security hit of almost $6,000 (think I'll see any of that?), and pay the correspondingly high property tax and insurance rates that a large metropolitan area demands. I work for an employer with no pension plan and do not qualify for the IRA deduction (I can contribute but it's not a tax write off). As management, I can be fired anytime for any reason. I have made less money and had more in my pocket at the end of the day. BTW, my UAW neighbor pops a six figure year with no more hours than I put in. I am not complaining- my house is a nice little bungalow and my truck has 111,000 miles on it. I do have a fairly full gunsafe, however! What is most important, to me, is liking what you do. I'd gladly take far less and be doing something with my time that I enjoy. Until then, I'll stay a whore...
Link Posted: 5/12/2003 2:05:02 PM EDT
We are all broke at different levels. I live in the SF Bay Area and out here $30K is practically poverty level. Besides, if you have 100k coming in an 101k going out, you are broke just like a guy making 10k with 11k going out. My definition of "Good Money" is making enough to cover all expenses while being able to put some aside.
Link Posted: 5/12/2003 2:20:01 PM EDT
My mom makes like 25K a year teaching at a high school. She just loves it, its something shes always wanted to do.
Link Posted: 5/12/2003 2:29:56 PM EDT
My pre-tax number would possbly qualify on the lower end of Okay money....but my after-tax number makes me want to cuss! It is definitely NOT Okay. I should have my very own Platoon's worth of full-auto weapons! Bastards.
Link Posted: 5/12/2003 3:08:26 PM EDT
'Good money' is ALWAYS a coupla bucks more than you're making now.
Link Posted: 5/12/2003 3:14:13 PM EDT
Originally Posted By zoom: Around here, good money used to be $15 per hour (about $31K). That was before all of the mills closed. Now, I got guys begging for jobs at $8 per hour. It's all relative.z
View Quote
Same in the Northwest. Don't forget to put a few Environmental wackos on your shit list.[:D]
Top Top