Anonymous
11/30/2023 21:26
Subject: Re:$100 an hour isn’t much anymore
When we got married we were making about $50,000 combined and we were doing fine. As our incomes grew our spending didn’t. If you can’t live ok on $100 an hour you have a problem.
Anonymous
11/30/2023 20:38
Subject: $100 an hour isn’t much anymore
It’s $200k a year. Sound be plenty for most people.
Anonymous
11/30/2023 20:17
Subject: $100 an hour isn’t much anymore
They can make $200 an hour and live paycheck to paycheck. People upgrade their lifestyle right after starting to make good money. This leads to living paycheck to paycheck or even debt if they overdo.
Anonymous
11/30/2023 19:22
Subject: $100 an hour isn’t much anymore
Anonymous wrote:Anonymous wrote:They have a spending issue.
Or high housing costs.
That is a spending issue
Anonymous
11/30/2023 18:30
Subject: $100 an hour isn’t much anymore
Sounds like this "someone you know" is a wholly irresponsible moron, OP.
Anonymous
11/30/2023 18:29
Subject: $100 an hour isn’t much anymore
Everybody needs to figure out their fixed costs over the month.
For our family it’s about $7000 and that’s high. It was lower but we had a mortgage increase due to taxes and insurance rising, and it’s been 2y since our home purchase, so they finally used the higher updated value to assess.
That’s your living wage. We could technically get by on 84k, needing a little more for the good stuff in life.
No you do not need $500k unless your fixed costs are $41k per month.
For our family it’s about $7000 and that’s high. It was lower but we had a mortgage increase due to taxes and insurance rising, and it’s been 2y since our home purchase, so they finally used the higher updated value to assess.
That’s your living wage. We could technically get by on 84k, needing a little more for the good stuff in life.
No you do not need $500k unless your fixed costs are $41k per month.
Anonymous
11/30/2023 18:28
Subject: $100 an hour isn’t much anymore
They
Anonymous
11/30/2023 18:28
Subject: $100 an hour isn’t much anymore
What are you spending???
Anonymous
11/30/2023 18:28
Subject: $100 an hour isn’t much anymore
Anonymous wrote:Anonymous wrote:They have a spending issue.
Or high housing costs.
...which is a spending issue.
Anonymous
11/30/2023 18:27
Subject: $100 an hour isn’t much anymore
Anonymous wrote:They have a spending issue.
Or high housing costs.
Anonymous
11/30/2023 18:25
Subject: $100 an hour isn’t much anymore
They have a spending issue.
Anonymous
11/30/2023 18:22
Subject: $100 an hour isn’t much anymore
Depends what they're doing. Contractor getting paid by the job may not log 2000 hours a year plus has overhead. W-2 employee should be making $200K+.
Anonymous
11/30/2023 17:50
Subject: $100 an hour isn’t much anymore
All depends on what type of lifestyle you want to lead. You can make $100/hr and not live paycheck to paycheck but there are concessions to do it.
Anonymous
11/30/2023 17:43
Subject: $100 an hour isn’t much anymore
Odd, I make a third of that and I'm doing very well. I have an emergency fund, save aggressively for retirement, and want for nothing. Maybe get your friend a book on getting their spending under control.
Anonymous
11/30/2023 17:40
Subject: $100 an hour isn’t much anymore
Someone I know is making $100 an hour and still getting by paycheck to paycheck, do we need a 500k a month to be okay? Not be poor ?