ANSWERS: 1
  • That depends on YOUR definition of 'enough'. It won't be champagne and caviar dreams living, but it is, or potentially is a 'comfortable' income if you budget and do not have current debt up to your eye brows. One can 'easily' save 5,000 a year on it too, IF one seeks and maintains a low profile existence (living in a studio apartment instead of trying to buy a house). As a starting salary into days economy, consider it to be 'great'. Cost of living state to state is changing, is undergoing some 'weird' changes. for instance the mediam price of a home has dropped nearly 60% in the past two years around here (Central Valley California) that means a house that was 350 thousand is now only worth $140 thousand. For a person buying a home now this means they will end up spending less than half the amount that a person buying the home 2 years ago spent - this in turn means lower monthly mortgage payments (fixed not variable mortgage PLEASE!). Gasoline and heating fuels have undergone a roller coaster ride, 6 months ago I couldn't fill the tank of my truck, right now I am storing up extra fuel for the 'lean times' that are around the corner. These 'variables' are 'huge' and have a huge impact on the cost of living. Other factors like if you text message on a cell phone all the time, use the cell phone as an internet link, those will ultimately decide your 'personal economic fate'. As a starting income, with careful planning and careful spending it is a 'great' income for nearly all areas across the USA.

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