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  #1  
Old 12-28-2005, 04:53 PM
Crispy86 Crispy86 is offline
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Join Date: Jul 2005
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Default Re: Getting frustrated with the money I make

[ QUOTE ]
No, it's more to do with how old you are and what kind of financial responsiblities you have. Most people on this board are young and would live very well on 50k here (for their age), and I live in a city that's more expensive than any american city apart from NYC.

[/ QUOTE ]

I can't agree. It's not that I doubt the cost of living where you are located, but if you can get the very same income independently of where you live, then it seems to make sense to choose a less expensive place, no?

Take a look briefly at this article. It provides a few figures on the US rental market. Let's suppose I am earning an average $20 an hour no matter where I live. It would seem kind of absurd, provided I had a choice, to select one of the listed 'most expensive' rental markets.

So yes, if you live in L.A. and living there is the most important thing to you, and 50K isn't cutting it, you'll have to find an alternative income. If on the other hand, your current source of income is more important (you like your job better) and L.A. is not the biggest deal, find a more feasible place to live.

Albert
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  #2  
Old 12-28-2005, 05:21 PM
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Default Re: Getting frustrated with the money I make

[ QUOTE ]
If on the other hand, your current source of income is more important (you like your job better) and L.A. is not the biggest deal, find a more feasible place to live.

[/ QUOTE ]

Do they have internet in Bhutan?
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  #3  
Old 12-28-2005, 11:17 PM
Mr_J Mr_J is offline
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Join Date: Dec 2004
Posts: 639
Default Re: Getting frustrated with the money I make

All I'm saying is $50-$60 an hour is decent pay considering the typical age of most people on this board.

It all goes back to the first guy I replied to saying that $20s pay you peanuts, and I just wanted to ask him if >50k working just 23hrs/week, 42 weeks a year was peanuts. It isn't big money, but it's an amount a young person can live off comfortably in most areas.

Back to $22s and peanuts. If they 35hrs a week, 44 weeks a year they'll make over 90k.

I'm not saying 50k is great, but I'm sick of people saying that $22s pay peanuts. It's all relative. While he wouldn't get out of bed for 50k, alot of people on this board would be happy with that and the freetime it gives them.
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  #4  
Old 12-29-2005, 12:01 AM
Jbrochu Jbrochu is offline
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Join Date: Jan 2005
Posts: 51
Default Re: Getting frustrated with the money I make

[ QUOTE ]
I'm not saying 50k is great, but I'm sick of people saying that $22s pay peanuts. It's all relative. While he wouldn't get out of bed for 50k, alot of people on this board would be happy with that and the freetime it gives them.

[/ QUOTE ]

I live in an area of fairly high cost-of-living, work 40+ hours and commute from NH to just north of Boston for the priviledge of making just over 50K annual plus bennies.

This is not at all out-of-the-ordinary for the area and I own a nice house, in-ground pool, etc. I don't see why people are sneezing at 50K either.

And yes, I do get out sometimes...
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