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Posted: 5/10/2003 2:52:26 PM EDT
[#1]
It is al relative to where you live, what you do, your level of education, and how much effort you put into it. You see, what may be a success for some would be a horrible year for others. Its all relative. The question is, can you live within your means and pay your bills and still have some left over?? If you can, than you are doing ok, if not, work harder.
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Posted: 5/10/2003 2:52:39 PM EDT
[#2]
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...
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Posted: 5/10/2003 2:55:25 PM EDT
[#3]
I recieved a statement from my employer, it listed all my earnings, including paid benifits, total came out to just over $45,000.00
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Posted: 5/10/2003 2:57:59 PM EDT
[#4]
Quoted: I recieved a statement from my employer, it listed all my earnings, including paid benifits, total came out to just over $45,000.00 Wow, you're doing pretty good. |
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Posted: 5/10/2003 2:58:24 PM EDT
[#5]
Quoted: 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). I couldn't live on either figure quoted any more. |
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Posted: 5/10/2003 3:02:21 PM EDT
[#6]
Quoted: Quoted: 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). I couldn't live on either figure quoted any more. Are you trying to make us all feel bad? |
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Posted: 5/10/2003 3:37:54 PM EDT
[#7]
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.
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Posted: 5/10/2003 3:50:40 PM EDT
[#8]
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.
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Posted: 5/10/2003 3:53:07 PM EDT
[#9]
... It's not "good" money, but I would expect a single man to earn 120K + to live as one "desires" in this economy.
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Posted: 5/10/2003 4:01:59 PM EDT
[#10]
Quoted: Quoted: Quoted: 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). I couldn't live on either figure quoted any more. Are you trying to make us all feel bad? No, he's trying to tell ya he has 8 kids, and drives a '72 chevy!! |
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Posted: 5/10/2003 4:23:37 PM EDT
[#11]
Making more money then you spend, while enjoying your work is "good money"
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Posted: 5/10/2003 4:28:14 PM EDT
[#12]
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.
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Posted: 5/10/2003 4:43:26 PM EDT
[#13]
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 |
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Posted: 5/10/2003 5:18:44 PM EDT
[#14]
Quoted: Quoted: Quoted: 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). I couldn't live on either figure quoted any more. Are you trying to make us all feel bad? 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. |
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Posted: 5/10/2003 5:33:11 PM EDT
[#15]
Quoted: Making more money then you spend, while enjoying your work is "good money" As close to a "good" answer as anything. You will only understand this after chasing after "good" money. |
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Posted: 5/10/2003 5:47:09 PM EDT
[#16]
You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA.
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Posted: 5/10/2003 5:58:07 PM EDT
[#17]
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
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Posted: 5/10/2003 6:03:21 PM EDT
[#18]
[img]http://209.195.146.200/images/evil-pinkyringThumb.gif[/img]
[b][size=5]ONE MILLION DOLLARS![/b][/size=5] |
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Posted: 5/10/2003 6:19:39 PM EDT
[#19]
Quoted: [url]http://209.195.146.200/images/evil-pinkyringThumb.gif[/url] [b][size=5]ONE MILLION DOLLARS![/b][/size=5] [:D] Good answer! |
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Posted: 5/10/2003 6:25:49 PM EDT
[#20]
IMHO, if you can save your annual salary every seven years, you are wealthy.
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Posted: 5/10/2003 6:47:58 PM EDT
[#21]
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. |
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Posted: 5/10/2003 6:58:50 PM EDT
[#22]
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. |
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Posted: 5/10/2003 6:59:52 PM EDT
[#23]
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.
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Posted: 5/10/2003 7:58:41 PM EDT
[#24]
Quoted: You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA. 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 |
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Posted: 5/10/2003 8:05:48 PM EDT
[#25]
Quoted: 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. ... Hello my brutha! Rotorcraft plant eh? Comanche, CH-47 or V-22? |
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Posted: 5/10/2003 8:19:56 PM EDT
[#26]
My current mortgage is $3200/month. COUGH!!!!! COUGH!!!!!! COUGH!!!!!!! That's over $38K a year!!!!!! That's a hell of an expensive doublewide!!! |
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Posted: 5/10/2003 9:38:45 PM EDT
[#27]
$250K+
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Posted: 5/10/2003 10:12:18 PM EDT
[#28]
Quoted: Quoted: 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. ... Hello my brutha! Rotorcraft plant eh? Comanche, CH-47 or V-22? 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. |
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Posted: 5/10/2003 10:17:10 PM EDT
[#29]
Quoted: ... Hell, I get a call from Korea once a week or so. ... Yup, they were looking for folks in Mesa to do one year there. No way in Hell. |
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Posted: 5/10/2003 10:28:28 PM EDT
[#30]
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. |
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Posted: 5/10/2003 10:34:47 PM EDT
[#31]
Quoted: ... Yup, they were looking for folks in Mesa to do one year there. No way in Hell. 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. |
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Posted: 5/10/2003 11:01:11 PM EDT
[#32]
Quoted: My current mortgage is $3200/month. COUGH!!!!! COUGH!!!!!! COUGH!!!!!!! That's over $38K a year!!!!!! That's a hell of an expensive doublewide!!! Yeah, but it's got a redwood deck! |
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Posted: 5/10/2003 11:04:47 PM EDT
[#33]
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.
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Posted: 5/10/2003 11:07:14 PM EDT
[#34]
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.
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Posted: 5/10/2003 11:27:14 PM EDT
[#35]
My job in California that I left when moving here got me $50K+. My salary at my last job here was $42K+, plus decent benefits. Unfortunately I felt like I was at a dead end and wasn't shown appreciation. Now I'm going back to school full time instead, and starting a small(for now) business on the side.
I wouldn't be able to continue the lifestyle I live but my fiancee helps out a lot, she's making six figures working from home. |
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Posted: 5/11/2003 12:35:37 AM EDT
[#36]
Quoted: You need a gross household income damn close to $200k to live in a decent neighborhood and raise a family in Northern VA. 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. [:)] |
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Posted: 5/12/2003 12:52:49 PM EDT
[#37]
I am currently considering job offers for 250k+
email me [;)] |
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Posted: 5/12/2003 1:02:26 PM EDT
[#38]
I'll say this.
If you don't pay attention to how much you're spending, it's not gonna be enough. TXL |
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Posted: 5/12/2003 1:09:42 PM EDT
[#39]
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... |
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Posted: 5/12/2003 2:05:02 PM EDT
[#40]
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. |
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Posted: 5/12/2003 2:20:01 PM EDT
[#41]
My mom makes like 25K a year teaching at a high school. She just loves it, its something shes always wanted to do.
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Posted: 5/12/2003 2:29:56 PM EDT
[#42]
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. |
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Posted: 5/12/2003 3:08:26 PM EDT
[#43]
'Good money' is ALWAYS a coupla bucks more than you're making now.
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Posted: 5/12/2003 3:14:13 PM EDT
[#44]
Quoted: 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 Same in the Northwest. Don't forget to put a few Environmental wackos on your shit list.[:D] |
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