Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

Is $150,000 a comfortable amount to live with??

I could only wish I was making that much but for someone I know that DOES make that amount whines and complains about everything. It's almost like she wants to hoard the money and not do anything!!

Answer Question
 
SweetKYmom

Asked by SweetKYmom at 7:24 AM on May. 7, 2009 in Just for Fun

Level 2 (6 Credits)
Answers (63)
  • That seems to be fairly common. At least is is with the people that I know that make over 100k every year. I guess that is how they keep their money and security at a comfortable level.

    I'm doing OK on a fraction of that. I would like to have more money, but I don't wallow in self-pity because I don't have it.
    VeronicaLee

    Answer by VeronicaLee at 7:30 AM on May. 7, 2009

  • I am quite comfortable with what my hubby and I make but as you said, we all could do even better with MORE!
    SweetKYmom

    Answer by SweetKYmom at 7:33 AM on May. 7, 2009

  • The more money one makes, the more financial responsibilities they usually have which is why she wants to set it aside in case of emergency. There is a recession so she's just being cautious. There is no guarantee nowadays your job will be there tomorrow and she probably wants that money as a nest egg in case she's out of work for a long period of time. She is a wise woman.
    admckenzie

    Answer by admckenzie at 7:34 AM on May. 7, 2009

  • We are a family of 5 and live comfortably on 80,000

    Anonymous

    Answer by Anonymous at 7:46 AM on May. 7, 2009

  • In some parts of the country $150.000 will go farther than others. Where ever you are it's still a good salary. I agree with the PP that people who make more money tend to take on more debt. If she bought a sensible car, a sensible mortgage and lived at or just below her own means she might not be so worried.
    Anonymous

    Answer by Anonymous at 7:59 AM on May. 7, 2009

  • That is very comfortable to live on especially the area we live in!
    lapcounter

    Answer by lapcounter at 8:15 AM on May. 7, 2009

  • If only...
    I've never personally known anyone that makes that amount (maybe my cousin...he lives downtown and has a boat). We're a family of 6 and live off of 35k a year (that's about 24k take home) and we get by. If we moved to a cheaper city we wouldn't have to live with family. But for now it is beneficial to all of us so we stay.
    justanotherjen

    Answer by justanotherjen at 8:24 AM on May. 7, 2009

  • Umm, yeah. We are a family of 5 and live quite comfortably my husbands yearly income of $26,000. It's all about how you budget your money, where your priorities lie, and so forth.
    Anonymous

    Answer by Anonymous at 8:39 AM on May. 7, 2009

  • Is this a joke?

    My husband works two jobs, I run a PT business and we bring in ALTOGETHER, about $50,000/year. We have no consumer debt, budget well, and are able to save a hefty chunk of that.

    If we made $150,000 even ONE year, we could pay off our house!!!!
    fluud7

    Answer by fluud7 at 8:45 AM on May. 7, 2009

  • ....P.S. We are a family of soon-to-be six.
    fluud7

    Answer by fluud7 at 8:46 AM on May. 7, 2009

Join CafeMom now to contribute your answer and become part of our community. It's free and takes just a minute.