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Reply to "Can you survive with 7,000 monthly income after taxes ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I net around $2800/month and I think that’s pretty good. This post must be a joke. [/quote] How many people in your household and what do you pay for housing? Because I'm truly impressed you find $2800 per month "good" for this area. Actually, that's about what I took home when I first started out, but I had roommates and was only responsible for myself, so I guess did feel like I had a lot of money at the time. [/quote] There are two of us. Me and my teenage son. I pay $1200/month for housing in a basement apartment. It's in a luxury home so it's a nice place. I also dog sit for the couple who owns the home. They go away 2-4 times per year. $2800 is good enough for us. What other posters mention are not needed so of course people can survive on much less. [/quote] Right- the number of family members is relevant because obviously you’d need a larger place for a family of 4 vs. 2. Also that’s a steal for a basement apartment! Hope you are able to keep that long term PP because it frees up a lot of $$ for everything else.[/quote]
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