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Old 05-22-2012, 01:38 PM
 
Location: Whittier, CA
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How to live well on $40,000 or less - 1 - families & spending - MSN Money
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Old 05-22-2012, 02:05 PM
 
26,694 posts, read 14,569,031 times
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How much is their property tax?
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Old 05-22-2012, 03:34 PM
 
304 posts, read 617,550 times
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Very inspiring, thank you for posting this. I could live high on the hog on 40K, but I am single. To see families doing it is very inspiriing.
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Old 05-22-2012, 03:37 PM
 
Location: Los Angeles
1,715 posts, read 2,838,044 times
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Quote:
Originally Posted by 1brokegirl View Post
Very inspiring, thank you for posting this. I could live high on the hog on 40K, but I am single. To see families doing it is very inspiriing.
Same here, I could live well on 23k a year. As long as I don't ever get sick.
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Old 05-22-2012, 03:39 PM
 
304 posts, read 617,550 times
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Quote:
Originally Posted by SlowMotionApocalypse View Post
Same here, I could live well on 23k a year. As long as I don't ever get sick.
Really? I make about 24K now and I can barely make ends meet. But I have a car payment. Without that, things would be much easier. Also, my health insurance deduction is around $340.00 a month, so that's a huge hit.
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Old 05-22-2012, 03:54 PM
 
Location: Los Angeles
1,715 posts, read 2,838,044 times
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Quote:
Originally Posted by 1brokegirl View Post
Really? I make about 24K now and I can barely make ends meet. But I have a car payment. Without that, things would be much easier. Also, my health insurance deduction is around $340.00 a month, so that's a huge hit.
I pay $500 a month rent.

I don't drive.

I don't have health insurance.

I currently make 16k a year.
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Old 05-22-2012, 04:05 PM
 
Location: Whittier, CA
494 posts, read 1,917,460 times
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well, I posted this because I found some threads here on city data which were about people making north of $100,000/yr complaining how they are broke etc. because they are living in the city and such...what complete nonsense.

I find people making this kind of money whining about how poor they are quite disconcerting when there are so many making $40 or 50k and raising families.
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Old 05-22-2012, 04:06 PM
 
837 posts, read 1,798,714 times
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Quote:
Originally Posted by SlowMotionApocalypse View Post
Same here, I could live well on 23k a year. As long as I don't ever get sick.
23K in LA would be living well????? I'm around 10x that amount and I hardly live large.
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Old 05-22-2012, 04:08 PM
 
749 posts, read 838,829 times
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Quote:
Originally Posted by SlowMotionApocalypse View Post
I pay $500 a month rent.

I don't drive.

I don't have health insurance.

I currently make 16k a year.
No offense though...but that doesn't appear to be "living well".

$16k after taxes for a single person in Cali is about $13k....which equates to about $1100 a month, which after your rent of $500 leaves you with $600....assuming no debt whatsoever. $600 for food, clothes, incidentals, obviously an ISP.....well I must commend you on your pluck. A $500 rental in the LA area can't be the Taj Mahal.

Last edited by LeftyTrav; 05-22-2012 at 04:18 PM..
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Old 05-22-2012, 04:08 PM
 
26,694 posts, read 14,569,031 times
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Quote:
Originally Posted by ducviloxi View Post
well, I posted this because I found some threads here on city data which were about people making north of $100,000/yr complaining how they are broke etc. because they are living in the city and such...what complete nonsense.

I find people making this kind of money whining about how poor they are quite disconcerting when there are so many making $40 or 50k and raising families.
You don't see me complaining, do you? :-)
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