Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Hawaii > Kauai
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 08-12-2018, 06:44 PM
 
1,153 posts, read 1,050,185 times
Reputation: 4358

Advertisements

Quote:
Originally Posted by whtviper1 View Post
The math doesn’t work. You’d net less than $70K per year after taxes. Then of course you need basic survival.
Ok, fine, so the taxes are a little more. Still, he could still sock away 40k or more.

Basic survival is around 20k. I'm living off ~25k expenditures now and quite comfortably so. If I make 52k this year that'll be about 12k in taxes, which is 40k left over and 15k for saving. Been doing similar every year for the past 15 years but perhaps with different numbers. Literally anyone can sock away at least a few grand each and every year.

I'm really tired of hearing people complain about debt and being broke, it is not at all hard to be frugal, it just takes willpower and discipline.
Reply With Quote Quick reply to this message

 
Old 08-12-2018, 08:53 PM
 
Location: Kahala
12,120 posts, read 17,910,958 times
Reputation: 6176
Quote:
Originally Posted by InchingWest View Post
Ok, fine, so the taxes are a little more. Still, he could still sock away 40k or more.

.
To save $40K (or more) you had to live on about $2,300/month (or less) - in Hawaii.

Most 6 figure earners wouldn’t find that frugal - they’d probably find that miserable. I would agree being somewhat frugal at that salary should let you save $1,000 - $2,000 month.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Hawaii > Kauai
View detailed profiles of:

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top