Respond to this thread if you earn less than $60,000 a year and are surviving... I am doing a little experiment here to prove a point.

Depends on income tax bracket.
[link to en.wikipedia.org (secure)]

Here, if you earn more than around the $87000 mark, you get hit hard.


$1 – $18,200 Nil 0%
$18,201 – $37,000 19c for each $1 over $18,200 0 – 9.65%
$37,001 – $87,000 $3,572 plus 32.5c for each $1 over $37,000 9.65 – 22.78%
$87,001 – $180,000 $19,822 plus 37c for each $1 over $87,000 22.78 – 30.13%
$180,001 and over $54,232 plus 45c for each $1 over $180,000 30.13 – less than 45%

Sure.
And my wife and I survived on under $20k. Lots of people here are stating they can survive on much less.
YOU GREEDY BASTARD!!! How dare you make $56k!!!!!


Do you understand how stupid you sound?

You can survive on almost anything, as long as you understand the difference between want and need. If you do, there's always a little bit lefter over for stuff you want.

I live in one of the most expensive places in the US and 2 of us and 8 cats are thriving on less than $12,000 per year. It all boils down to priorities and attitude.

Less then 35k

dont be ours ends, yours goes on for ever. way less and good at it...

I speak from experience when I say that some that make much more are less happier and more problems than those making less. Sometimes we get too caught up in job and it takes us away from what really matters.

Hahahaha, suckers....

I'm muslin, with 4 wives, 24 children, living in gov. housing, with an EBD card, transit card, demanding sharia law, ALL the hookups.

Learn to suck off the teat bitches. And your paying for it. LOLOLOLOLOLOLOLOL


Not really much different than a white trash or negro.









Get it yet!









Wake the fuck up AMERIKA before you all die.

in australia? this is true.. i define my own wage by the tax bracket....... highway robbery...

(getting older? i tell them nothing of consequence)

Last Edited by CitizenPerth™ on 09/25/2017 10:03 PM

It depends on where you live not how much your household income is, 60k in NYC would be tough without assistance i.e. affordable housing, but in upstate NY you'll have a surplus at the end of the month. your choice.

i make 6k a year and im just at the limit with rent,bills,food,weed.. and sometimes buying videogames ... fml :D

8 cats wth!

The poorest place to live, is beyond your means.

We got adopted by 2 pregnant cats.

Is the point of working your life away just to "survive"?

I would love to do the Graduation speech for a graduating class of high school or college kids.

the world is NOT your oyster.
You CANNOT do whatever you want.
You WON'T succeed. At least 98% of you.
You will end up in a job working your life away, handing over the majority of your income to the government in one form of tax, license, fee, permit or another and if you are fortunate you will just have enough to survive.


Imagine how much better everyone would be if the govt would just fuk off.
But OP here thinks that if you make more than $65k you are a greedy SOB.

Perhaps some of us want to do more than just survive. Some of us want to help our kids out. Some of us worked our tails off for 45 years.
I would bet I've worked more hours and done more hard work than most people twice my age. And it isn't for the love of money. It was to pay the bills. Now that the business has taken off, I should cut back and only make $65k otherwise I'm greedy.
I don't think so. I spent a lot of time, sweat, blood and energy invested in this to do more than just survive.

I make about half of that amount and if material wealth was all life had to offer it would be hard and probably embarrassing. Thanks goodness this journey is about who you are. Looks like in the end the tables will turn. Dont worry this journey has taught me. Good for you compassion will be offered.

I make half of 60k...

But luckily my wife makes 100k so I'm good

taxes say I lost 30K each year for two years and surviving, so what's your point op?

My pension and SS are under $41,000 a year.

However, My wife's numbers are better.

Pension + Social around $44,000 a year.

Since we paid all our bills, we have no debt and are wealthy by any measure.

The most I earned was just over 50,000 a year for a few years when the OT was good.
We bought our home in 1980 for just 45,000. We paid it off early and are coming up on our 40th anniversary and those are big keys regarding our situation.
STAY MARRIED.
We live in a reasonably priced area.

Its complicated.
My $41,000 sounds marginal but that's a long way from the full picture.

Single guy, 72, retired north Florida. Living well on a bit less than $27,000. Still paying on my home, I eat sensibly but I don't shop Whole Foods type stores or buy into the "gotta have organic" fad. Paid for, well maintained car. Happy and healthy.

Shit maybe half that

32,000 here. raised 3 good moral (and half the neighbors) kids on a robbing peter to pay paul budget for yrs. no kids, mortgage, credit card, or car pymts now and feel humble and greatfull, (and preppers). live frugal and prosper.

the pieces of that story were swept up like trash.
young man with family lawyers. beginning of a
new story for me, and letting go of old dreams,
for new. things work out in ways that often seem...

i hope wherever he is, he is living his life happier
than last i saw him.

Self employed.

Net income that i pay tax on : $32,000

Income tax on 32,000 is about $6000

So i live on 26,000 per year, in Manitoba Canada.

lovely thread.

Monk
Technically Disqualified

We sell surplus botanicals and primary materials. Its not much atm.

Hell, I am going to go out on a limb here and tell you all my expenses:

Electricity - 400.00 a month.

Car Insurance (3 vehicles full coverage) 350.00 a month.

Food Costs $ 300.00 a month.

House payment $ 450.00 a month.

House Insurance $160.00 a Month.

Medical Expenses $200.00 a month.

Car Payments $400.00 a month for 2 vehicles

Misc expenses $200.00 a month.

Medical Insurance $200.00 a month family coverage.

It takes every single penny me and my wife earn paying those expenses, and I we are living paycheck to paycheck. My wife earns maybe 1/2th of my income.

I didn't include other expenses such as clothing expences, cellphones, etc.

Where I live we paid 18% on our adjusted gross. (Last year $96,100 when my wife was still working)
That's state and federal + property taxes on two properties.
There are more taxes like gas taxes but no sales tax here.

I think I can safely say we're under 20% taxation.

Self employed. My business takes in about $90k, I pay myself $48k a year.

Side question: If I ever close down the business at any point in the future, I assume they tax on what is being transferred from my business to personal acc?

You used one keyword most don't do - budgeting. If you don't have a simple budget no matter how much you take home you will always be behind. A budget can help pay off debt and create savings, you just have to focus and not spend dumbly.