Is making 31,000 a year decent pay
decent pay but not enough to live comfortably or raise a family on
Is $100,000 in annual income no longer enough for a family of four to survive on?
If it isn't then you spend way too much money on things you don't need.
What is it like to live with a salary of about $100,000 a year?
I’ve lived right around the poverty line for many years and now make $135kThe short answer: while I’m very grateful to finally be making more than $20k, it’s continually surprising how $135k doesn’t spend nearly as far as you’d expect it would - your paystubs will make you very angry and you’ll realize why the wealthy complain about “wealth redistribution”.What’s very crazy, is when we made $60k/yr we had very close to the same cash budget each month. This is because taxes, tax credits, etc even the playing field.My monthly pay is $11,250, taxes takes out $4,000 of that leaving $7,250.Speaking of taxes, say goodbye to tax returns…you only ever pay at the end of the year. You scrap for every deductible you can find, since deductibles are only a small percentage of your income at this point. I quickly realized that I never paid taxes when I made $20-$50k, I actually got $$ for free at the end of the tax year. So I put aside $1,000/mo for taxes as I often won’t get the deductibles I hope to get.I self-fund my own insurance because at my tax bracket, Obamacare would be $1,600+ each month for my family. We can self-fund for around $1,000/moSave for retirement, which has to be a lot, since I don’t plan on making $20k when I retire. (I am very grateful to be able to do this, though)All in all, here’s what my monthly budget looks like at $0 debt:$1,300 modest apt for my family to live in$200 car payment - 1 car$1,000 healthcare$1,000 taxes$1,200 retirement$400 utilities$1,000 food for family of 5 (at best we can get this down to $600 - kids eat like animals) also worth nothing that many friends who live in nicer homes than us get $900 in food stamps every month. Likely why I need to pay $5k+/mo in taxes$100 phones for family$400 fuel and car insurance & maintenance$200 misc expenses$200 spending money for my wife and I$100 babysitting$100 out to eat and moviesAs you can see, at $135k, I get about $100 each month to do whatever I want with.About 50% each month goes to government and government services.So all y’all who think that free college, free healthcare, etc from the govt sounds great…it’s only great until you get ahead, then you’ll be paying for it for everyone else for the rest of your life and find that “ahead” isn’t as ahead as you’d hoped.
Is a 50,000 dollar a year salary considered middle class or lower middle class or upper?
See, US per capita is USD 50000 and consider that as median and as middle. All below that is lower middle class ( keep some margin for poverty, the class which does not exist in US....USD 400 as per capita by WB but i take USD 2000 !) By same margin I consider upper middle class upto per capita USD 1million and above that rich .. Super-rich are so high...let that be 1% of society as OWS says.
I gained 100 pounds in a year?
Well There are 6 things u can do to lose all that weight; 1) The 3 day diet which works like a charm (lose 10 pounds in 3 days) - I lose around 9-14 pounds in 3 days! Very good diet plus u could eat icecream for desert! Link is Below: http://www.everydiet.org/diet/3-day-diet 2) You can do the Atkins Diet and eat only 10g of carbs a day like eggs, hot dogs and all proteinsu would like, but i probably wont recommend this, because ull increase u cholestrol, but u will lose 15 pounds in 2 weeks 3) You can do the 7 day diet, which also works like a charm, its hard to stick on BUT U get good results: DAY 1- ALl fruits u want except banans (EAT ONLY FRUITS) DAY 2- Eat all vegetables u want (NO POTATO NO CORN) Day 3- Eat all veges and fruits (NO POTATO< BANANAS< AND CORN) DAY 4- 3 glasses of skim milk and 3 bananas Day 5-7: 3oz of protein plus unlimeted Green vegges LOSE 10-17 pounds in 1 week!!!!!!!!!!!! 4) You can do the scarsdale diet which is a really good diet! http://lowcarblisa.tripod.com/id18.html Lose 20 pounds in 14 days 5) You can do a 800-1000 calorie diet, and lose like decent amount of weight 6) Lose 10 pounds of week! by eating 1200-1500 cals and excersising DONT FORGET TO EXCERSISE ON ALL DIETS AND DRINK 8 Glasses of water! GOOD LUCK TO U! AND I HOPE U GET GREAT RESULTS HOPE I HAVE HELPED!!
Do you think making $70,000 a year is great?
I used to think it was decent also, until I started a staffing firm last year and found out what other people make! Folks that work in virtually any IT sector can be making $100,000 just 5 years out of college. My brother graduated from Penn State 7 years ago with a degree in Info Systems and was approached for a job paying $110,000... working at home. It's not only IT, folks in the engineering fields seem to always have masters degrees and make upwards of $90,000 on average. I have an Aunt that went and got her real estate license just for something to do, she clears $100,000 now. It retrospect, i can't complain about $69,000 but it sure isn't anything to brag about. I know that the average salary in America is $42,000 or so but thats taking into account the millions of underachievers and the ones that failed to plan a career accordingly from jump street. You take 30 million folks that don't know their pooper from their elbow are make -$20,000 a year and it brings down the average quite a bit. I'm shooting for $150,000 for a personal goal. I figure I can do it by making 10 placements a year with my headhunter firm and charging a modest fee of 15-20%. Theres a lot of money out there folks, reach out and grab it it's yours, you don't then I have no sympathy for ya.