Topic: Is $40k to $70k peanuts to you?

[KBF-Angel Slayer]

Grin.  Not really.  I got my family and we got a roof and food.  Everything else is a luxury item.   

[ELITE-Kaos]

Taxes and National Insurance for £30,000 comes in at 30% so the money in the bank is closer to £21,000.  A large number of our population manages to live a good life on much less than this.  Toasty your bullet points miss-out one thing, the variations in cost of living within one country.  People in London get paid an allowance, this is approximatley £1500 py, given the very high costs of all goods in the capital that really dosn't cover much.  For instance here in Liverpool a can of Pepsi costs 50-60 pence in London the same can costs double.  The only reason ever given for this is down to tourism, personally I think that this is codswallop (think of a 4 letter word starting with c and ending in p ).

[Dracho]

There's no reason a family of 4 or 5 cannot survive on $25 ~ $30K (US) per year if they manage and prioritize wisely.

I pray that I'll never have to do it again, though.

Surviving being a key word there..

that'd include things like saving the dinner napkins to re-use as Toilet paper.

[Just plain old Punisher]

There's no reason a family of 4 or 5 cannot survive on $25 ~ $30K (US) per year if they manage and prioritize wisely.

I pray that I'll never have to do it again, though.

Surviving being a key word there..

that'd include things like saving the dinner napkins to re-use as Toilet paper.

Twice.

[Jack Morris]

Like I said before, it all depends on where you choose to live. Land in OK is dirt cheap compared to TX, and especially compared to Austin, the highest cost of living city in TX.

As for Pun and EZKill? San Diego and San Fran are highly speculative now, and a lot of Californians have the cash available to play that game.

As far as mechanics are concerned? An ASE master tech rolled in 70k at least during the boom of the late 90's. Nowadays they are lucky to push past 50k in the year.

Janitors and "cleaning staff" (Just an uptown word for janitor) are VERY LUCKY to be pulling in 40k a year. Supply and demand, and their are PLENTY of people out there looking for work, not just in their degree field, but ANY work just to survive.

[toasty0]

Like I said before, it all depends on where you choose to live. Land in OK is dirt cheap compared to TX, and especially compared to Austin, the highest cost of living city in TX.

As for Pun and EZKill? San Diego and San Fran are highly speculative now, and a lot of Californians have the cash available to play that game.

As far as mechanics are concerned? An ASE master tech rolled in 70k at least during the boom of the late 90's. Nowadays they are lucky to push past 50k in the year.

Janitors and "cleaning staff" (Just an uptown word for janitor) are VERY LUCKY to be pulling in 40k a year. Supply and demand, and their are PLENTY of people out there looking for work, not just in their degree field, but ANY work just to survive.

That doesn't justify killing off 25% of a man's 40,000 a year salary. Especially when the motivation for doing so is to give some non-working schmoe a bigger return on his OR HER lazy, no account stock dividend.

[The Bar-Abbas Anomaly]

There's no reason a family of 4 or 5 cannot survive on $25 ~ $30K (US) per year if they manage and prioritize wisely.

I pray that I'll never have to do it again, though.

Surviving being a key word there..

that'd include things like saving the dinner napkins to re-use as Toilet paper.

Maybe 'surviving' just means no {gasp!} Cable TV, High-Speed Internet or Cellphones for the Whole Family....

[toasty0]

There's no reason a family of 4 or 5 cannot survive on $25 ~ $30K (US) per year if they manage and prioritize wisely.

I pray that I'll never have to do it again, though.

Surviving being a key word there..

that'd include things like saving the dinner napkins to re-use as Toilet paper.

Maybe 'surviving' just means no {gasp!} Cable TV, High-Speed Internet or Cellphones for the Whole Family....

I don't think so...

[The Bar-Abbas Anomaly]

 

Then run the numbers and prove me wrong.

[toasty0]

Then run the numbers and prove me wrong.

Oh my, I'm required to proove you wrong? Since when? Someone appoint you gaurdian of the flame?

But I'll tell you this much...I have raised a family and so I know exactly how much it cost to do so and 25-30 thousand in today's economy ain't squat. Hell it wasn't squat to raise a family with ten years ago...

[Jack Morris]

Obviously it is squat according to the Dept. of Labor's numbers for the average American worker's salary.

Cable tv can run near 100 a month, add another 40 a month for Roadrunner cable modem, plus the cost of the electricity for all those electronic gadgets and that is about 200 a month for luxury items alone.

Then as many people forget, in today's world it's no secret that it takes two to tango. If both spouses work, and you figure the average salary in, that is over 6k a month! I would say that is more than enough to live on and raise a family in my book.

I also fail to see how the owners of NWAC are being greedy or lazy, seeing how the stock is NEGATIVE in dividends payout, and is riding on an appreciation or depreciation of monies invested or withdrawn.

http://finance.yahoo.com/q?s=NWAC

-14.42 EPS, yup, darn those greedy investors with their dividends payouts! 

[KBF-Angel Slayer]

There's no reason a family of 4 or 5 cannot survive on $25 ~ $30K (US) per year if they manage and prioritize wisely.

I pray that I'll never have to do it again, though.

Surviving being a key word there..

that'd include things like saving the dinner napkins to re-use as Toilet paper.

Maybe 'surviving' just means no {gasp!} Cable TV, High-Speed Internet or Cellphones for the Whole Family....

Cable Modem, cable TV, and my company provides mine and my wifes cell phones for a very good price.  (Kids don't need one.)  Ain't surf and turf budgets by any stretch of the imagination, but it is doable, as long as you don't get stupid and lose your money.  That can draw you up tight.
   Found out today that I made it through this round of potentials for management that didn't make the cut.  So, I am still in the hunt.
   Fingers crossed, and getting good feedback. 
   People find a way to make it on what they have.  They may not have everything they want, but they can get what they need and consider important.