Why don't you do the math before you tell these kids to not borrow money-- or get a job!

This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok let’s pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now let’s start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok let’s get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WON’T BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.

My bad. Didn't do the math. 280 a week for 52 weeks is 14560

Id have to cut out 80 dollars a week from my budget at 10,000. Quit cigarettes and get a roommate. Problem solved

point remains. Its completely doable

There are many states in the US where $40K is unimaginable for anyone but an experienced engineer, a doctor, lawyer, realtor, nurse, or very successful businessman. The rest simply try to live within their means. They spend $50 a week for food, if that. They live in a $600 place or share a better place with a partner, spouse, or roommate. They buy a used car for cash ($2000-4000 to start) and buy only required insurance. They get clothes at thrift shops or Target, except maybe a couple of nice outfits for special occasions. They don't have a smart phone. Etc. etc. Cheaper can be done and is being done successfully every day.

Making a living on 10,000 with no debt. Not hard at all. Never had a loan in my life. I already broke it down for you twice but you choose to ignore it or make wrong assumptions about what that sort of life consists of. If you're having a difficult time living on 40,000 you're an idiot. Accept it

You gave a breakdown where you are paying off a house loan, an 18,000 dollar car payment and a 400 dollar a month grocery bill. all of which is completely unrealistic. You say 150 dollars is low for electric. I know people who can get it down to 30. You didn't have to go to college. You didn't have to go to college right after highschool.

There's more of that ridiculous mindset that people in AMERICA - a SUPERPOWER - should be WILLING to accept poverty level income as acceptable and just make do.

40k a year is poverty level?

What?!

If you're making 40k a year you have nothing to complain about money wise

Walkers, you're way off base on this one.

$40K a year is poverty level.

This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok let’s pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now let’s start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok let’s get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WON’T BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.

Point being why in the fuck would you be mad at protesters considering what is happening with this country. Why would anyone trash talk them, instead of supporting their first amendment rights, and supporting the fact that something is seriously wrong!!!!!

This is why I just love these get a job people. And these you should pay cash for a house and car people.

Let say a kid gets out of college with a degree and finds a job or jobs. Right now 40,000 a year would be huge for most to find and probably very unlikely for a graduate, but we will use this number.

So after taxes, ss, state tax if you have one, medical, dental, life, medicare etc

Your bring home is about 1300-1200 every 2 weeks
This is 2600-2400 a month.

Ok let’s pay some bills.

Monthly

Rent 750-Very modest guess. All know some will lower,higher
Car 200- very low cheap car.
Car insurance 100 for decent
150 electricity-- very low for most
50 for gas if you have it.
100 for vehicle gas.

No cable or internet cause we don't want to live to great.
No cell phones because we can't afford this luxury.


Groceries
400 a month.

This is not eating out at all or getting anything from quicky mart. This is very modest considering prices now.


So we are at 1750. From 2600 using the high number this leaves us about 850, but wait. We went to college.

So since we didn't come from rich parents we have to pay for that. Let's say we go to a small cheap school and work part time to pay the room and board.

2000 a semester. Very low price compared to 90%

4 years of school. By the way it is almost impossible to get a 4 year degree anymore, especially while working.

So 4000 a year x 4 years is 16000.


16000 is about a 400 payment a month on student loans.


Now we are up to 2150 - 2600 leaves us about 450 extra.

We are not including any movies, out to eat, up keep on car, pops-candy, lawn care for rent house, medical bills for co-pay, etc.


Hell we will round it up to a big $500 a month extra. Now let’s start saving so we can pay cash and not borrow.

First we need a house and car.

Modest house 150,000. NO LAND besides lot and this probably doesn't exist in price in most places.

So $500 a month savings = $6000 a year.

So it will only take 25 years to save cash for a house at this price.
But wait--in 25 years that house will cost twice that because of inflation.
So 50 years.


Ok let’s get a car.
3 years = 18000 which will buy a piece of shit. These cars normally last 5 years maybe a little more, and they are worth shit nothing when you try to sell them back.

So we get a trade in for $6000 after seven years with the first car we bought. We have to buy a car every 7 years at 18,000.

We will need around 4 cars for the next 28 years, first one being bought for full price. 18000 + 12000 + 12000 + 12000

Hell this is only $54,000. That is another 9 years of saving on top of the 50 for the house. Plus we only figured the cars for 28 years not counting inflation.

So with the math if we started when we are 22 we might have enough cash for a house and keep our cars paid for in cash by the time we are 80 or more.

We won't be able to retire or afford anything else, but by God WE WON’T BE BUMS.


So all you people saying that you pay cash for all your shit and are not in debt are either full of complete shit or came into money somewhere. I suspect most of you got your cash from your momma and you are the true bums. Some of you might have worked your way up the ladder, but at what cost. Some might have built a successful business and are very lucky because if you tried that shit now you would be screwed.

Point being in this long ass post.

Quit blaming these kids. Go get a job is not going to fix shit and you know it. Do the math. Slavery is the end game and they got it.

$400 for groceries for one person? You have got to be kidding. I feed a family of four on that and we eat very well. You need to rethink how you live.

I have yet to see anyone repeatedly demonstrate that it is possible to make it on less. I have seen some people CLAIM THEY ARE MAKING IT ON 10,000 OR 14,000 and they have been caught lying.

"MAYBE I OUGHT TO PUT PROSPER INSTEAD OF MAKING IT.
Some of you seem to take making it as survival. NO making it means prospering in America. Making it working and being able to pay cash for shit you need or want."

I have seen several claim how they made it on less BACK IN THE DAY. But times are different, which some of you will never see.

I never said someone could not make it on 40,000, I just said do the fucking math. 40,000 is not what it used to be which WAS MIDDLE CLASS.

YET over and over you people respond and attack that you could survive on less. No shit, so can I, but that wasn't the fucking point.

In the future, IF WE DON'T DO SOMETHING,,, then survival on jack shit nothing will make for great threads because we will ALL BE LIVING IT.

But right now we are living in the United States Of America which is real close, BUT NOT YET A THIRD WORLD COUNTRY!!

Ignorance, ignorance.

$40K per year = average total bring home: $32,000K

Tell me that is NOT poverty level FOR ONE PERSON with today's costs.

I'm not going to do the work for you on poverty levels. Do a search.


Monthly take home of $2600
Rent of $600 leaves $2000 (based on apartment in Charlotte, NC)
Used Car (4yr of $6k) at $165 leaves $1835
Car Ins at $75 leaves $1760
Electric at $100 leaves $1660
Water at $40 leaves $1620
Groceries at $400 leaves $1220
Student Loan (10yr of $12k) at $140 leaves $1080
Cable/Internet/Phone at $100 leaves $980
Auto Gas at $100 leaves $880
Throw in a cell phone if you wish.

I guess I am missing where this person lives in poverty.
They have a roof, transportation and substantial food.

And a major misjudgment in the original post numbers.
No one will be making the same salary for 80 years.
Last technician I hired is making $6k more than hire salary from 3 years ago.

And to the person who left the karma... yes, I am entertained.

$400 for groceries for one person? You have got to be kidding. I feed a family of four on that and we eat very well. You need to rethink how you live.

A family of four could have eaten quite well on $400 a month back in the sixties and seventies.

A family of four can eat on $400 a month in 2011 . . . but it must be canned tuna, bologna sandwiches, tater tot casserole (a la Duggar family), and hamburger helper.

If you call that quality, ok for you . . . but it is NOT quality living for everyone.

Yeah, no shit.

WalMart sells banquet meals (4 for $5). Eat one for breakfast and one for dinner - skip lunch cuz their fat anyway). that's $2.50/day for meals.

Nope, we know where to buy steaks where we live and know how to crock pot roasts as well. I also know how to cook from scratch and again know how to shop for deals. We also don't eat like overeat and are not overweight. And no canned tuna or none of the other stuff you mentioned is eaten here although I would if I had to. The tater tot casserole does sound good though.LOL Will have to look that one up. Nothing like the midnight munchies.

You call that living?

Nope, we know where to buy steaks where we live and know how to crock pot roasts as well. I also know how to cook from scratch and again know how to shop for deals. We also don't eat like overeat and are not overweight. And no canned tuna or none of the other stuff you mentioned is eaten here although I would if I had to. The tater tot casserole does sound good though.LOL Will have to look that one up. Nothing like the midnight munchies.

Can a person REALLY find a clean, decent, and safe rental today for $600 . . . in this area, that price would get you a filthy, rundown piece of crap in gang territory.

As I said in my response post for the earnings of minimum wage workers, here it's impossible to find something nice and safe for under $1000 per month.

On the issue of a car - that's assuming one can get credit, to have a monthly car payment. What about those who can't buy a car? They either have to pay cash outright or do without. And in most places in the country, if you don't have a car, you can't get a job.

Electric is a non-negotiable expense - and many people pay as much as $400 plus during peak summer and winter months.

You left out gas, for those who have either all gas or a combo of gas and electric.

The $400 for groceries - assuming that's just for food, what about household supplies, medications and personal items, etc.?

You left out clothing, car maintenance, home maintenance (if the payment is for mortgage instead of rent), and yes, a cell phone would also add to the costs.

Move.

My rent is $575. Nice place. Great neighbor. I have ALL of my expenses under $1200/month including car payment.

There are low rent districts all over the place in rural america....but you don't get to keep your big city life-style....so sad.

Are you at all concerned about feeding your family (and yourself) RED MEAT - which is very unhealthy and is loaded with hormones, not to mention the high incidences of e coli and other assorted bacteria?

It is my belief that the increasing and troubling rates of people being diagnosed with Alzheimer's at younger and younger ages is actually an epidemic of mad cow disease - based on the heavy consumption of tainted beef during the past few decades.

So just because something is economical or affordable and can be stretched through 2 or 3 meals - does not mention it is good for you.

Nothing I can say will make you happy and you will pull apart everything I say it seems. Was just trying to say we aren't living off of ramen and can afford red meat if we want it. We also eat fruit and vegetables so hope that make you happy there or are you going to find something wrong with that as well? Anyway, we are all very healthy and happy and live very well.

Since nobody has said it yet in this long ass thread, I will say it.

I see posts that tell people unhappy with what has happened to the middle class in this country to be grateful they are better off than a third world peasant, or some such person. Part of the cause why the OWS thing is happening because those people see Americans are going to be miserable if things keep going as they are. Are we to wait until people start building their own shanty towns?