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No you are not. Every state different. I don't know much about Dakota, but it's like this:
If your costs do not exceed your income, you are doing fine. Now if you were in NY......whole different story.
I skimmed all 4 pages so I don't know what your current job is, but most likely that is what your parents are concerned about, your future. I assume you are going to grad school to get better oppurtunities. That's good as well and it will pay off down the road. At 30 years old, most people in the worforce still consider you a kid. It's when you reach mid 30s or early 40s you are cinsidered an adult. Well that's how it is in my industry.
well I make decent money and I work hard for it. I don't look down on those with less money, thats where I came from. Making barely $5/hr. I just try to do 3 good things everyday. From the random addict to the single mother at the market. You would be surprised at how much $200 can help a person in need! That said I have never actually gone to school for what I do (Web design/programming). Proof you don't necessarily need school to come up in this world. It is all about time, attitude, and determination. In conclusion don't feel bad about what I make. My goal is 250k, so yeah. All you can do is try to come up in the world and spread the wealth.
Last edited by BenjaminH1990; 08-18-2014 at 12:25 AM..
I only make 30,000 a year. i work full time but i'm going to grad school part time too, so i need to have an easier job that works with my schedule. In north dakota you can buy nice house for 70,000 dollars. the cost of living here is low. i have family that think that i live in poverty and are concerned and i'm concerned too. i am single with no kids and i am 30. i live in a one bedroom apartment right now. it's all i need.
should i be ashamed of making only what i make? i feel that when i'm in my fourties i will want to have a better career and make more, but i am recovering from a nervous breakdown and i don't want to push myself right now.
i feel working full time and going to grad school part time and my other activities is plenty.
Don't worry about it.
I'm a grad student myself and I make do on ~$23,000 a year. Yes, I have cut my lifestyle to the bone (e.g. roommates, no car, etc.), but so what? As long as you have some social life it's perfectly fine once you get used to it. If you don't like it, remember you are going to grad school and you should be able to earn a lot more once you have the degree to show for it.
Don't worry about what others think about your income or what label they would put on you. The delta between your income and bills is what makes you feel broke or not. If you have good enough savings after bills to be able to invest and have fun, then youre doing better than a lot of people.
Tell your family to take a walk ... In most parts of the country $30,000 for a single is pretty good but others(east/west coasts and NYC) it is minimum wage ... If YOU are comfortable with it then it is enough.
Quote:
Originally Posted by lz1982
Tell that to all the people on the coasts making the ACTUAL minimum wage. Lots of people would kill for a $30K job.
I think he meant in the some parts 30k is a good amount, but in the coasts and NYC, it's barely enough (minimum wage)
Is $30,000 a year poverty? Absolutely not. The federal poverty line for a single person in 2014 is $11,670, or 972.50 per month.
The formula for coming up with this amount was created in 1965 and has had a few tweaks but it is primarily based on 3 times the cost of food. So 1/3 of 972.50 would be 324.16 per month for food and 648.33 for everything else.
Consider today's standards and 30k isn't enough for a 16 year old! If you really think about it an American should have a new car house boat and motorcycle just to have what a lot of people consider "standard" well if you add that up alone
Car 1k a month
House 1k a month
Auto insurance 300
Motorcycle 300
Boat 300
That alone is 2900 bring home what about food,gas,schooling,bills etc.
60k should be minimum wage since you really cant even do much with 60k a year hell I spent 30k in two weeks vacationing to Ireland and in my opinion ever single American should be able to travel every year. And on top of that look at the prices of things Work 40 hrs and afford 1 pair of Bluetooth headphones smh what a joke So no 30k Is not enough
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Not enough
