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Forum » How much a month would you have to Net to live comfortably.
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Thread: How much a month would you have to Net to live comfortably.

post 1580684581 05-23-2019, 08:44 AM
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#121
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Originally Posted By 78novacaine⏩
Exactly. The title of the thread is "comfortably" and to me comfort means having all of your bills paid, extra expenses accounted for, money put into savings/investments, and still having some left over to do as you see fit with. Anything above and beyond that leaves the comfort zone and goes into unneccesary luxuries.
True.
How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741
post 1580684691 05-23-2019, 08:46 AM
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#122
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Currently we net around 14k a month (salaries + rents collected), which is too much for the two of us. About half goes into savings for us to continue buying properties.

If we lived paycheck to paycheck, I bet we can be just fine on about 7k a month.
Thus let me live, unseen, unknown;
Thus unlamented let me die;
Steal from the world, and not a stone
Tell where I lie.

2/17/15 - Dunk Tank Results: 15% bf (Omron said 18.6%) - 123.4 lbs LBM
post 1580684761 05-23-2019, 08:48 AM
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#123
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Originally Posted By soaponarope1⏩
I spent a little time in Austria last October, enjoyed it and everything was cheap as fuk compared to where I live now.
Was it in Vienna? It‘s much cheaper outside the big city.
How to lose fat for Noobs: http://forum.obnoxiousbrutes.com/showthread.php?t=129247741
post 1580684901 05-23-2019, 08:49 AM
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#124
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Originally Posted By 78novacaine⏩
I wish. I pay $3k a year for a $150k valued home.
$3000/yr would be $250 a month. What's wrong with that? What's considered cheap property tax?
post 1580686061 05-23-2019, 09:07 AM
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#125
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Originally Posted By MikeLowrrrey⏩
$3000/yr would be $250 a month. What's wrong with that? What's considered cheap property tax?
Need to look at it as a %, and 2% is pretty high. Property tax in my area is 0.908%
Originally Posted By MuzzieChik786⏩
Currently we net around 14k a month (salaries + rents collected), which is too much for the two of us. About half goes into savings for us to continue buying properties.

If we lived paycheck to paycheck, I bet we can be just fine on about 7k a month.
MuzzieChik786 knows how to do it: high income and low expenses = profit $$$
post 1580686091 05-23-2019, 09:07 AM
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#126
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Originally Posted By MikeLowrrrey⏩
$3000/yr would be $250 a month. What's wrong with that? What's considered cheap property tax?
I misread your post, thought you were saying $300 annually, not monthly. Oops, lol.
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post 1580686301 05-23-2019, 09:12 AM
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#127
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Originally Posted By wave_length⏩
Can the ones saying 10k+ please break it down?

I‘m living in one of the best parts of an expensive European city, consistenly being voted into the top three of all cities in the world. I own a home worth over 1M, have no debt whatsoever and wouldn‘t know how to make my life any better beyond 5k-6k per month, supporting a family with two children. What exactly is it that makes life so expensive in US cities?
Most American's over-spend. The higher the income the more likely that they do so.

Where I live its pretty common for parents to put their daughters in dance, cheer-leading, gymnastics, etc. Which runs around $300-400 per week I believe. Then they might go to events/competitions on the weekends in various areas of the country. So they are paying for travel expenses, hotels, etc. Males are typically enrolled in sports outside of school. Which has similar costs associated. When the kids hit 16 parents buy them a car/truck and pay for gas/insurance on said car/truck, etc. Schools have all of those but parents often enroll them in private places ^.


A high income family that is trying to keep up with appearances might spend a fukk-load of money doing stuff like that.


Originally Posted By GainzMcgee⏩
Forgetting about paying property taxes

Property taxes on my house is $800 per year.
Power = $720 per year.
Water =$360 per year
Gas= $180 per year.
Garbage pickup = $300 per year.
HOA= $300 per year.


3 bed 2 bath house with a garage (1875 square foot living) costs $2660 per year. Or $221.66 per month. Once its paid off, I won't be living rent free. But it would cost me around $1800-2,000 per month to live here if I were renting.



Rentcels can cope all they want but once a home is paid for expenses drop dramatically. Even if I toss in an extra $100-200 per month for ongoing maintenance/upkeep costs I'm still coming out ahead.
post 1580686641 05-23-2019, 09:16 AM
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#128
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half this thread filled with compulsive liars
Sorry for my english.

Mod Neg : 2
post 1580687181 05-23-2019, 09:26 AM
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#129
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Originally Posted By TiredOfTrying⏩
half this thread filled with compulsive liars
More like 99%
post 1580687241 05-23-2019, 09:27 AM
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#130
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Originally Posted By TiredOfTrying⏩
half this thread filled with compulsive liars
Only half? Lol
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post 1580687931 05-23-2019, 09:36 AM
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#131
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Originally Posted By MikeLowrrrey⏩
Property tax would be $300 in a decent location? That's practically rent free. Where can you live on your own for $300/month rent?
12-18k/yr in my neighborhood.

Homes valued 350-600k.
Ol' 71st street. The devil that birthed me.

606 G0D.
post 1580688481 05-23-2019, 09:44 AM
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#132
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Originally Posted By HayZues
12-18k/yr in my neighborhood.

Homes valued 350-600k.
Over 3%? Fuuuuuu
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