What's a comfortable income?
- Thread starter FrenchLicker
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That's why I have a lot of life insurance. I can die knowing I will leave my son with a nice stash of cash and hopefully he won't have to work hard someday.
In all honesty it is different for everyone, and being on a car forum a lot of people's ideas of comfortable involve a nicer car than most so some of the numbers may be higher.
40-50k single and roughly double that if married is comfortable.
I'll let you know if that's accurate if I can pick up my grandparents house on 4 acres and not go broke haha
40-50k single and roughly double that if married is comfortable.
I'll let you know if that's accurate if I can pick up my grandparents house on 4 acres and not go broke haha
Luckily I learned a lot from my parents and they will have two decent chicago houses to leave behind for me and my sister. Therefore my kids will always have a house to live in if life deals them a bad hand. (Which I'm hoping not) It certainly doesn't look that way but you never know. My sister is almost 40 with no kids and I dont see her having any in the future. If she does good for her but im thinking not.
I voted based on my current living standard and where I'm at in life. I'd say between 50-70k in the far NW burbs is a pretty decent chunk. I don't go balls deep like [MENTION=340]Eagle[/MENTION] does in buying shit but I can still afford nice stuff with both a house and a mortgage truck payment.
Same here. I'm not sure what my parents received from their parents who have died or if anything was left in my name but with, I think, four grand parents and great grandparents passing away, I haven't been left anything or heard my parents getting anything. When I'm dead and gone I want my kids/grandkids to have SOMETHING but not have obscene amounts of wealth just because I died. My dad is a hard working, blue collar guy and my mom did her best to hold a steady job the past 25 years of mine and my sister's life. I've gotten to where I am based on hardwork and dedication (and maybe a little luck), ain't no way in fucking hell I'm going to let that mentality die when I have kids.
I'll go ask Finance tomorrow morning. 
Same here. I'm not sure what my parents received from their parents who have died or if anything was left in my name but with, I think, four grand parents and great grandparents passing away, I haven't been left anything or heard my parents getting anything. When I'm dead and gone I want my kids/grandkids to have SOMETHING but not have obscene amounts of wealth just because I died. My dad is a hard working, blue collar guy and my mom did her best to hold a steady job the past 25 years of mine and my sister's life. I've gotten to where I am based on hardwork and dedication (and maybe a little luck), ain't no way in fucking hell I'm going to let that mentality die when I have kids.
I'll go ask Finance tomorrow morning. 
I can tell you what is not comfortable to live on with a wife and 2 kids!
I thought you said it was not comfortable to live with a wife and 2 kids at first lol, I was going to say thats why god made alcohol, its for dads
Wife and i are at about 70 combined with me almost making double what she does. I try to talk he into getting a better job but she likes her field of work and it scared of change. And had looked in her field and there is not much out there for something with no responsibility. She is definitely not a "manager" type of person.
Money can't buy love, but you can buy fast cars and big houses and yachts. Once you have those you'll beat love off with a stick.
When I worked for a tree service company (with a water contract with the water reclamation), I was making 2k/week (before taxes). At the end of the year, I'd pay more in taxes than a ln average person makes probably in 2 years at McDonalds.
Now that the contract has been over with, I now work with my father in law and technically my wife (company is under her name). I make a decent hourly rate, but not nearly what I would like at the end of the year (construction=winter off). My wife doesn't take much from the company and so together we don't make much. But we still manage and pay our bills while having some money to spend. I pay all the bills besides the couple of hers that she has. She worries about her bills (1 credit card and insurance), and I pay everything else.
So as long as things are managed, you can live off a smaller income. But my goal is to make the 100k+ I used to make.
Now that the contract has been over with, I now work with my father in law and technically my wife (company is under her name). I make a decent hourly rate, but not nearly what I would like at the end of the year (construction=winter off). My wife doesn't take much from the company and so together we don't make much. But we still manage and pay our bills while having some money to spend. I pay all the bills besides the couple of hers that she has. She worries about her bills (1 credit card and insurance), and I pay everything else.
So as long as things are managed, you can live off a smaller income. But my goal is to make the 100k+ I used to make.
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