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Old 02-15-2016, 08:24 PM
 
9,293 posts, read 4,739,931 times
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I know one relative in this category. I'm not. Despite having millions in 401k and savings and pension, he still borrow a barbecue from his SIL. He doesn't own one.
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Old 02-16-2016, 10:28 AM
 
12,404 posts, read 9,203,248 times
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Originally Posted by mizzourah2006 View Post
I think grad school helped me with this. Living for 4 years on about $14-15k/yr allowed me to really differentiate wants vs. needs.
That it does do.
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Old 02-16-2016, 10:48 AM
 
33,046 posts, read 20,720,491 times
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Originally Posted by mizzourah2006 View Post
I think grad school helped me with this. Living for 4 years on about $14-15k/yr allowed me to really differentiate wants vs. needs.

Millions of Americans experience that as a permanent condition. I have never made $10K in any year, or ever earned $10 per hour.
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Old 02-16-2016, 10:54 AM
 
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Originally Posted by Girldawg1 View Post
" ... if there is a % based on income that is considered living below your means? "


I don't think it ever matters how much you make. It does matter how much you spend. To me, it basically means living below what I could afford. It's having the philosophy of not having to spend it just because it's there, or keeping up with some arbitrary high-life living standard. That way, a buffer is always had in the event of some unforeseen major expense. Or, simply having the extra money aside for a large purchase, or investment opportunity of some sort.


Nope, if it mattered how much you spend, people who spend <$10,000 a year would be wealthy.
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Old 02-16-2016, 11:08 AM
 
4,338 posts, read 4,428,110 times
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Originally Posted by freemkt View Post
Millions of Americans experience that as a permanent condition. I have never made $10K in any year, or ever earned $10 per hour.
But you've already admitted that is largely by choice for you. Also, it really wasn't that hard. I wasn't saving anything, but I wasn't struggling. I just had roommates and biked a lot.
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Old 02-16-2016, 11:14 AM
 
17,626 posts, read 12,211,350 times
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Originally Posted by freemkt View Post
Millions of Americans experience that as a permanent condition. I have never made $10K in any year, or ever earned $10 per hour.
That's a you problem. I've only earned min wage sophomore year in high school as a vacuum guy at a car wash and that only lasted a couple months before I moved to finishing out cars which put me over 10.00 an hour. Because I know you'll ask, of course I wasn't very knowledgable in car washing but I showed up early and outworked nearly everyone else that's how I got out of the min wage earnings and I was 15 at the time I think
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Old 02-16-2016, 12:15 PM
 
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Originally Posted by mizzourah2006 View Post
But you've already admitted that is largely by choice for you. Also, it really wasn't that hard. I wasn't saving anything, but I wasn't struggling. I just had roommates and biked a lot.

??? ??? If I could get a better job I'd take it, at least long enough to have sufficient consistent outside income to replace the job income.
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Old 02-16-2016, 12:34 PM
 
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Originally Posted by freemkt View Post
??? ??? If I could get a better job I'd take it, at least long enough to have sufficient consistent outside income to replace the job income.
You've already said you would rather run your ebay business than get a job, because you prefer your hours. You can't make a good income if you refuse to work.
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Old 02-16-2016, 12:38 PM
 
Location: Nashville, TN
1,894 posts, read 1,078,538 times
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Originally Posted by freemkt View Post
??? ??? If I could get a better job I'd take it, at least long enough to have sufficient consistent outside income to replace the job income.
Please list all the places you've applied to work in the last say, 2 months.

Last edited by numberfive; 02-16-2016 at 01:39 PM.. Reason: Typo
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Old 02-16-2016, 01:17 PM
 
33,046 posts, read 20,720,491 times
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Originally Posted by mizzourah2006 View Post
You've already said you would rather run your ebay business than get a job, because you prefer your hours. You can't make a good income if you refuse to work.

The scheduling is a problem since I need work that can be performed around doctors' schedules and transit schedules.
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