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4 Bumps

how much money would u need to live comfortably?

to pay off all ur debts ..

 
san78

Asked by san78 at 12:22 PM on Oct. 7, 2010 in Money & Work

Level 48 (294,258 Credits)
This question is closed.
Answers (14)
  • We paid off our mortgage and have no car payments, just a couple of credit cards. $7000 would pay thos off. Our monthly bills come to about $1099 not including groceries or incidental purchases, so I'd think about $1600 - $1800 a month would let us live comfortably.
    michiganmom116

    Answer by michiganmom116 at 1:03 PM on Oct. 7, 2010

  • Oh dang.. a lot. lol. I'm in quite a lot of debt..but I'm working on it! =)
    SuperrMommyy

    Answer by SuperrMommyy at 12:23 PM on Oct. 7, 2010

  • Our debt is probably only about $5000. We need about $2000 a month to live comfortably; we don't need much :)
    SarahLeeMorgan

    Answer by SarahLeeMorgan at 12:25 PM on Oct. 7, 2010

  • Depends what you would consider comfortable. Comfortable to me is having a home, no debt, and being able to save money for college, retirement, ect, and be able to take a nice vacation every year. In that case.... I would need to make about $100,000 a year or more but I also live in a very expensive state.

    Luckily, DH and I WILL see that amount in our life time.
    Namaste17

    Answer by Namaste17 at 12:29 PM on Oct. 7, 2010

  • If we could get back to making $85000 a year, I think we would be much more comfortable. (Combined income)
    bebe_ju-rah

    Answer by bebe_ju-rah at 12:28 PM on Oct. 7, 2010

  • I'd say about 7-8k a month (combined)... Once my fiance is finished with school, we should be able to easily make that (fingers crossed).
    Anouck

    Answer by Anouck at 12:33 PM on Oct. 7, 2010

  • Our true debt could be covered with 15,000 dollars. We would need to make at least 3,000 a month to live comfortably where we are and not move. We are making about 2,000 now.
    But_Mommie

    Answer by But_Mommie at 12:34 PM on Oct. 7, 2010

  • to get us out of debt totally (no hoe payment car payment etc) and get things fixed up the way we want here $150000 would more than cover it and we could easily live on 2500-3000 a month comfortably after that
    Monica84

    Answer by Monica84 at 12:36 PM on Oct. 7, 2010

  • AFTER paying off school loans to the tune of 20k We only need 2,000 to pay rent and ALL bills!! so 2,500 would allow us wiggle room and entertainment money!!! Im sure that sounds like peon amounts to people in like Cali or NY....
    sweetstkissez22

    Answer by sweetstkissez22 at 12:52 PM on Oct. 7, 2010

  • Well I have a house and carpayment now. THat being said...we live fine off 4,000/month. I work but my paycheck gets put into savings every month.
    Mom2Just1

    Answer by Mom2Just1 at 3:14 PM on Oct. 7, 2010

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