Comfortable definition

[Anonymous]

When someone describes themselves as comfortable or well off, how much do you think they make? Someone told me this yesterday and it got me thinking. I understand that it's the polite thing wealthy people say. but I feel like there's such a wide variance of people who say this.

[Anonymous]

I would never use that expression, but I would understand it to mean that one was living within their means and meeting all their savings goals.

[Anonymous]

Anonymous wrote:I would never use that expression, but I would understand it to mean that one was living within their means and meeting all their savings goals.

This. It doesn't have a dollar value, because it will vary based on circumstances and cost of living.

Generally, I think of it as meaning that they don't have to carefully budget in order to have their basic needs and wants met. Doesn't mean they have a yacht or take exotic vacations every year, but they don't have to scrimp and save or watch bank account balances like a hawk.

[Anonymous]

Agree with PP. our HHI is about 230k and I would say we are comfortable because we live at or below our means.

[Anonymous]

It's not an amount, it's a lifestyle. Enough money to life the life that's important to them without the worry of paying for it.

[Anonymous]

When you have everything you need and a whole lot of what you want. I feel comfortable with a HHI of $115k, but there's no extravagancy here. Quite content with a nice apartment and good food, taking advantage of the free and low-cost experiences this city has to offer. Zero desire for the big fancy suburban house and private schooling and whatnot.

[Anonymous]

Anonymous wrote:Agree with PP. our HHI is about 230k and I would say we are comfortable because we live at or below our means.

I am also around here (maybe 245) and would use that word.

It means rolling my eyes at a $200 ticket followed by a $500 repair bill. I am still like...aware of costs and a lot at once can hurt but it would take a lot to wreck us or even a lot to get us to cancel our biweekly $150 date night.

[Anonymous]

Anonymous wrote:It's not an amount, it's a lifestyle. Enough money to life the life that's important to them without the worry of paying for it.

This is the perfect definition, IMHO.

[Anonymous]

Anonymous wrote:

Anonymous wrote:It's not an amount, it's a lifestyle. Enough money to life the life that's important to them without the worry of paying for it.

This is the perfect definition, IMHO.

+1 I made $17,500 in 1975 and I was comfortable. I make a lot more than that now but I feel the same way. Yes, my overhead is much higher but I don't worry about paying for it.