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.

are you my brother-in-law? that's about what he pays each month. of course, his mother and other family members pay for his house, electricity, etc.

68K a year for 30 years up to 10 years ago.....

nearly bought this website....

don't do shit but pay utilities

We have all the channels except the premiums-but that's our main form of entertainment these days as retiree's. We really do not feel deprived in any way on our under $30,000 income.

I am almost 60 and decided to find out my credit score just out of curiosity from top three. All three said I did not exist.

i am

26K a yr and I am set for the rest of my days....no mortgage......low taxes....plenty of grit in the bank...and other secret places....

MetLife Auto Online. Don't have a local agent but my premiums are half what i paid with SF.

Exactly! I earn way under 60K and I am surviving okay but I have to be frugal.

The main problem these days is that people live way beyond their means.

We could live quite comfortably on 60k a year. That's lottery right there!

LOL! No, unlike you brother-in-law, I pay more than my share. There are 16 of us total on the land with 9 tiny houses. We split all expenses. However, there are 2 out of the clan that freeload.

Spend less.

I think the gratitude is the key, because a life full of gratitude is not focused on want, and is full filled whether rich or poor.

Personally, I have a lot of stuff accumulated through the years, but my wants are minimal. We have lived on one income for decades, but eat very well, vacation, buy what we want and need and really don't lack for anything of significance.

I believe that prosperity is elastic and will stretch in response to a heart and mind full of gratitude. I do not believe that prosperity is dependent on a lot of money, but rather is a state of mind.

At one time in my life I was very poor and I used to read the Sermon on the Mount over and over to turn my mind from fear and lack toward God's goodness and generosity. The exercise in faith building helped me immensely to understand more about wealth, prosperity, gratitude and fearlessness and to live a satisfied and contented life.

About 40k for me. No wife or kids. No debt beyond monthly bills. No house payment or rent (I manage an apartment complex and have my rent paid for). I have pretty much everything I need and still put money away every month towards savings/retirement.

My earnings are perfect for my current lifestyle, but realize that with a money sucking wife and kids it would be unsustainable. Looking into a vasectomy and a premium account at porn hub so my situation doesn't change LOL

I only go to town a few times a year so barrow an insured rig for that. I do have my own rigs for the farm and 36ft motor home for emergencies. No car payments or insurace like that.

My wife and I earn $35000 a year combined. They tax us about $5000 of that. We recently lost our healthcare, but other than that we have always been content.

14k/yr.

We are doing all right on $14,000 a year.
No mortgage.
No car payments.

No, go see an accountant so that doesn't happen.

Me and wife about 3 years ago earned around 50,000 a year, lived in trailer 900 sw ft, 4 kids, barely had enough to survive, wasn't broke but wasn't saving a lot wither.

Now we make over 200,000, and yes it sounds like a lot, but with higher tax bracket, we had to get a bigger house, we got better cars. Because working on a car every week or month, was getting old, and costing a lot.

With the bigger house comes more electric, more gas, more water, we actually take vacations now, eat a little better. Better clothes, etc...


But now we can actually save for retirement,. And have money of the cars break down. Or something in the house breaks, or kids needs medical care, dentist etc...

Point being when you make.more you spend more, rather you want to or not, your taxes will go up, you will find yourself buying things, that you use to. Couldnt afford, you migjt eat better. Etc...

I know people think I live on 40, 50, 60 a year, if I had 200 000 a year I would save all that extra money, yes, you would save some but I guarantee you would also spend more than you do now.

I've been in both worlds, and I like the higher income better, but I know I can survive in the lower income again of I had to.

< 15,000/yr

What do you do now?

Just under, but doing better than when I was married and we were bringing in 2x that. My ex husband put us in $29,000 in credit card debt in about 2 years. That was the second time he did that. The breaking point was 2 filipino hoes and a kid with each one. Me and our kids are much better off.

I agree, I live better than most of the posts I have read and live on under 10k a year. It is all in how you use it.

Lol

I live alone in the woods and only have to drive and go to town a few times a year.

Try 20k for the year, that hurts.

Aye

$24,000 on SSAN disability and surviving.

alone in the woods you do not have to wear clothes, saves a lot of money, no make up or hair spay, to hell with shaving /wax legs or fake nails.

Less is best, regardless of what you bring home. Live simply and be humble. That's the answer.