What salary could you live off?

Banned 13 years ago

Anything I have to.

If you gave me $500 a month, I'm sure I could live off it. Would just have to sacrifice a whole lot.

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ddshosting 13 years ago

Originally Posted by ryanmilligan

Anything I have to.

If you gave me $500 a month, I'm sure I could live off it. Would just have to sacrifice a whole lot.

I agree, it is possible to live off of any amount. It is only necessary to earn more money if your exceptions or financial responsibility (i.e. family etc.) shifts.
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Noel Cunningham

13 years ago

I could scrape by on 1k a month - that's only $250 per week and that is very achievable online. I think it's good to keep grounded in the beginning and not to chase the million dollar dream....

Start small (but of course dream Big) and give yourself little income targets along the way. $100 per week, then $200 etc. once you find your sweet spot you can ramp up those efforts and your income will take care of itself.

But don't get carried away in the beginning.

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Frank Ayres

13 years ago

i would need at least $6k a month to live on

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Eduard Stinga

13 years ago

Originally Posted by Frank Ayres

i would need at least $6k a month to live on

Yeah, London is god damn expensive - I would be really happy with ~$4k / month here, but if I were "just to live" with the simplest and cheapest options I would still need ~$2k.

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Suraj Muralee

13 years ago

Originally Posted by Eduard Stinga

Yeah, London is god damn expensive - I would be really happy with ~$4k / month here, but if I were "just to live" with the simplest and cheapest options I would still need ~$2k.

I heard that western countries are far more expensive. Here in India, if you come with that money, you will be a millionaire because 1$ = 50 Rupees.

My target income would be 5 - 8k next month because of some extra expenses.

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Richard Tunnah

13 years ago

Originally Posted by Eduard Stinga

Yeah, London is god damn expensive - I would be really happy with ~$4k / month here, but if I were "just to live" with the simplest and cheapest options I would still need ~$2k.

Been doing some research into property rental's (studio/1 beds) in decent area's in wider London recently and many studios are now going for £800-£900 ($1400-$1700) a month before you add bills or living expenses. So I'd say you'd be pushing in on even $2k round London unless you were happy to have a room in a shared house. I'd guess they'd be a lot cheaper!

Rich

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nik0

Banned 13 years ago

Originally Posted by Richard Tunnah

Been doing some research into property rental's (studio/1 beds) in decent area's in wider London recently and many studios are now going for £800-£900 ($1400-$1700) a month before you add bills or living expenses. So I'd say you'd be pushing in on even $2k round London unless you were happy to have a room in a shared house. I'd guess they'd be a lot cheaper!

Rich

And I thought a studio for 650-700 euro/month was damn expensive.

People rent whole houses here for 400 euro/month (excl g/w/elec ofcourse). Ofcourse it makes a huge difference whether you rent private or from the standard organizations. For example:

House with 3 bedrooms from gov. organization, around 400-500 euro/month
House with 3 bedrooms privately rented 1000-1500 euro/month for the exact same house.

It's a huge problem cause when you exceed a certain income level you are forced to rent private, so a 100 euro difference in salary can turn your life from a good living into a hell.

And to make things worse, when you reach that salary to be forced to rent private, you can't say I buy a house cause the average house price is 250.000 euro and your income is too low for that. So there is a huge gap for singles who make a slight above average salary here (like 1600 euro nett/month). average salary is around 1300 euro.

To make things even more worse, there are 5-10yr waiting rows to get a government rent house (government is a bit wrong word here, cause these are nowadays also private organizations, but fellow dutch men know what I mean (woningbouw vereniging).

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Chris Pappin

12 years ago

Originally Posted by Eduard Stinga

Yeah, London is god damn expensive - I would be really happy with ~$4k / month here, but if I were "just to live" with the simplest and cheapest options I would still need ~$2k.

Tell me about it London is too expensive, planing on moving to abroad soon to china at least it is a bit cheaper over there, plus i love the food and am a gadget freak and as most of the best gadget are made in china that's perfect for me, i could live off $2k a month.

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ExpertSEOServices

13 years ago

I could survive on just $2K per month. This would cover all my outgoings each month and give me some left over for a few treats here and there. I earn more than that currently but that was my goal in the beginning to reach 2K in recurring incomes

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aaaa33030

13 years ago

Originally Posted by ExpertSEOServices

I could survive on just $2K per month. This would cover all my outgoings each month and give me some left over for a few treats here and there. I earn more than that currently but that was my goal in the beginning to reach 2K in recurring incomes

I agree. $500 a week is a reasonable salary to live off of.
After paying bills then there should be sufficient left over to buy extra goodies

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wizzard74

13 years ago

If I want to go with the "just enough to live off" mindset it would be $2k.

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gentryliving

13 years ago

I could survive with $1k per month. But have to sacrifice my hobbies which is collecting antique items.

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wizzard74 13 years ago

Originally Posted by gentryliving

I could survive with $1k per month. But have to sacrifice my hobbies which is collecting antique items.

Do you want to buy my landlord? He's a bit of antique
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Wide

13 years ago

6k per month.

House, Car, Retirement/Pension .... not to forget the 60% tax.

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Oliver Williams

13 years ago

One of the reasons why 100k per year is quoted so often is because statistically that is the figure that will have the most profound change on a persons life.

You don't need millions to be comfortable. Once you have an extra $1000 or so per week coming in that opens up a whole world of freedoms for the average person. The difference between $50K per year and 100K is much greater then then the difference between 100K and 500K as far as effecting someones life goes (for obvious reasons) After that it just becomes more money.

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robyna 13 years ago

Wow, I would be really interested to know the expenses of the 6K per month people. I am lucky because I'm a dual income family. We have 2 kids. I consider part of my job looking for ways to save money, too. Anyone can do that. There's all sorts of "frugal blogs" that show you where to get cheap groceries each week, etc that goes a l-o-n-g way. But I would like to make 2K to 3K a month. I'm almost at that but not all with work I enjoy. The goal is to completely make money from work I enjoy. That's always the challenge, isn't it? :p
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dadamson

13 years ago

I could "survive" on $0 per month for 12 months before I am in real trouble, I would then need $3K per month to survive.

But comfortable living would be $4K to $5K per month.

I have been consistently earning over double that, which has put me in a position to survive a year without pay.

It's what you need to do in order to survive in this unpredictable world.

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Kange

13 years ago

thank you for your comments

Not necessarily the amount you would need every month/year to survive off but how much you would like to have to be comfortable, still do your hobbies, work, socialise etc.

I would be happy with 1,500-2,000 a month if I was solely doing my online business and just live off that. So the yearly amount id be happy to live off would be about 25,000

At the minute im doing both with working day job which i enjoy and also websites and saving alot but if I was to stop juggling a few things and just have the one income from one of my business i would settle for around/just 25,000

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anaconda

13 years ago

We need about $4,500 per month before tax to survive. That covers costs of IM business and all living expenses (food, mortgage, phone, power, insurance etc)

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Norfolk

13 years ago

At this point I would make do with 1k a month (about 700 pounds). From August this would have to be at least 2k.

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louise0evans

13 years ago

A salary i would be happy with would be £10k a month

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genuine86

13 years ago

I feel like I can live comfortablely raking in $5,000 a month.

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Go4DBest

13 years ago

Definitely, it varies from one country to the other. For my current location right now, I can live with 500 USD and it's really quite big here.

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pahsurf

13 years ago

I would go by with 2k/month. Economy is tough these days.
that enough?

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MonopolyMan

13 years ago

I've still not really left the student lifestyle and before I was in IM I was making around 400/month with my part time job.

Now I make a lot more but I'm always scaling up and reinvesting so I don't really have much more in terms of walking around cash.

I could keep the roof over my head and things ticking over with maybe 1k/month.

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Mcoroklo

13 years ago

My girlfriend and me can live off 1700 dollars a month in Denmark. However, we can't afford a kid there.

(Fun fact: An average job in Denmark for anyone with a bachelor+ education is probably 7000$

)

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Suraj Muralee

13 years ago

Originally Posted by Mcoroklo

My girlfriend and me can live off 1700 dollars a month in Denmark. However, we can't afford a kid there.

(Fun fact: An average job in Denmark for anyone with a bachelor+ education is probably 7000$

)

Reall? Is the cost of living high?

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rmolina88

13 years ago

$2K

My rent + food + gas is half of that and the rest would go into my IM ventures.

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dgmufasa

13 years ago

I can survive off of $2600 but really *need* $3K at a minimum per month. $10K per month passive income would be the start of a wonderful world.

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Tim_Carter

13 years ago

We need a minimum of 4k. Not sure why. We have no debt other than the mortgage which is $800 / month. We just spend 4k + somehow.

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Dan Curtis

13 years ago

Originally Posted by Tim_Carter

We need a minimum of 4k. Not sure why. We have no debt other than the mortgage which is $800 / month. We just spend 4k + somehow.

It really helps to have a budget.

For example, I know every penny I spend.

I set aside money each month for predictable major expenses -- like property taxes and insurance -- and when the bills come in the money is sitting there.

I also set aside $1800 a month for investments into my websites --programming expenses, outsourced article writing, WSOs or whatever else I feel like buying -- so I don't have to worry if I want to buy something.

The rest goes into savings so I won't have to eat dog food when I'm older.

Since my kids are out of the house we don't need nearly as much money. But still I like to have about $35,000 a month to live on.

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theverysmartguy

13 years ago

Originally Posted by Dan Curtis

Since my kids are out of the house we don't need nearly as much money. But still I like to have about $35,000 a month to live on.

Sorry, but is $35,000 a typo? Is that in USD or something else. Not sure I know anyone who NEEDS a min of $35,000 to live on per month. You must have some pretty high expenses.

-- Jeff

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Dan Curtis

12 years ago

Originally Posted by theverysmartguy

Sorry, but is $35,000 a typo? Is that in USD or something else. Not sure I know anyone who NEEDS a min of $35,000 to live on per month. You must have some pretty high expenses.

-- Jeff

Jeff,

No, that's not a typo. It is $35,000 in US dollars. But the dollar doesn't go as far as it used to.

I pay about $12,000 per month in income tax, so that only leaves $23,000. The last time I went to a movie a small popcorn was $5.60. So it adds up.

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pj413

13 years ago

I would love to say I could comfortably live off a salary of $5k or less but living here in San Diego that just doesn’t seem possible. At this present time my monthly expenses are $19k and doesn’t account for business costs because I always keep that separate. I’ve actually even put everything down on paper to see what expenses could be cut, but I was only able to really save $1,600 per month

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Kange

13 years ago

Originally Posted by pj413

At this present time my monthly expenses are $19k and doesn't account for business costs because I always keep the separate. (

Thats a lot of money to be spending each month

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pj413

13 years ago

Originally Posted by Kange

Thats a lot of money to be spending each month

I absolutely agree! Its almost impossible to cut cost when your mortgage alone is $13k

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cashp0wer 13 years ago

My family can live off of $3,000 a month if we have to. Of course, we would rather live off of $5,000 or more, and we do most of the time. We will soon have our house paid off so that number can go down.
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Andy Hart

13 years ago

Originally Posted by pj413

I absolutely agree! Its almost impossible to cut cost when your mortgage alone is $13k

Move house, sorted, and your very welcome :p

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apoorv.parijat

13 years ago

Originally Posted by edvvardbrian

Depends on where you live. I think 10k per month is enough ANYWHERE in the world, but in places like Central Europe even 2-3k is enough, and at places like India and China even 500$ per month is considered VERY high. But again, the expectations and the "quality of life" is different. Also, if you plan to travel a lot and take part in all sort of exciting adventures like I do, an extra 5$ per month never hurts!

But to just cover the essential expenses, I think 2-3k could do it.

It'll depend on where you live in India. In cities like Bangalore, Delhi, Mumbai (!), etc, a decent 3B home can be $500/month, easily (talking about a decent location). In a second-tier city in India, for a single person, $500 would easily be more than comfortable.

--

I can easily live off of $200-250 a month however, that would be after taking away my rent and all the other monthly expenses that I have currently.

That's far from the current reality though. With my rent and every other small and big monthly expense, anything less than $1500~ wouldn't cut it.

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bchez 13 years ago

Originally Posted by pj413

I absolutely agree! Its almost impossible to cut cost when your mortgage alone is $13k

I jut threw up in my mouth a little. Pricey in CA!
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TolyZ

13 years ago

10k / month would be perfect.

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philhunter 13 years ago

Here in the U.K I will need £5k a week soon just to fill up my car, but seriously I could live off next to nothing if I had to, house is paid for so I guess I just need money for bills.
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- fin 13 years ago
  
  Probably $500 living somewhere in Asia.
  
  That would be pretty comfortable: my own place, eating in restaurants every meal, and doing all my hobbies.
  
  Guess I'll be able to live a comfortable life pretty soon if I buck up.
  
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- PattC 13 years ago
  
  We need 6500 to take care of everything, plus we have a car that needs frequent repair.
  
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thatkeywordguy

13 years ago

Most of the world lives off a few dollars per day.

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PPC-Coach

13 years ago

I could live off $10,000 a month comfortably.

Anything less would give me stress.

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nik0 Banned 13 years ago

I could live of 700 euro / month if I really needed to, I'm from the Netherlands. Heck I could even drive a car for that amount but it should not break
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magiclouie 12 years ago

Originally Posted by PPC-Coach

I could live off $10,000 a month comfortably.

Anything less would give me stress.

With that amount, one will live like a king here in the Philippines.
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AlexMcLeod

13 years ago

I currently live off of about 1600 per month. That's including paying extra toward debts, so could probably do lower if I had to, but I'd prefer higher.

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josephseeley

13 years ago

I can live off of just about any salary. I'm very low maintenance though.

I lived for about 3 years on $250/mo to $350/mo in the Philippines. That's including visa costs which were about $50/mo after everything was accounted for. Always made more than that, but that was all I personally spent.

At about $500/mo there it would become very comfortable for one person. You could rent a place on the beach, spend your days snorkling or napping in a hammock, and maybe even hire a maid/cook at that income level.

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HappyLuke

13 years ago

I could live off a few grand, geez, I do already!

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purpleraven

13 years ago

Million dollar dream is just a dream for most. I reasonable salary such as $75,000 to $100,000 is very achievable, it took me a while to get there. Actually, I am still working up to the higher end of my range but I have learned a lot and each month I am having greater and greater success.

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Mav91890

13 years ago

I am working on making my household sustainable. After that I could probably live off of $200 a month, just because gas is so high.

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Daredevil Marketing

13 years ago

In 2003 I was getting by with less than $1,000 a month sometimes.

These days I feel lucky to know that I earn a very good living (I won't go into specifics...no need.)

But here's the pitfall: no matter how much you make, there's always something ELSE you'll want and worse...feel that you NEED.

This is why you see people that earn half a mill a year filing for bankruptcy because they overextended themselves.

And why you see families of 6 living comfortably (and happily) in a small house on a salary of >$30k/yr.

A lot of people in this thread are on their way to making a lot of money. If I could impart one small word of wisdom is this: no matter how much you have now, live below your means. Even if only slightly.

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ProPowerSEO 13 years ago

Originally Posted by Daredevil Marketing

But here's the pitfall: no matter how much you make, there's always something ELSE you'll want and worse...feel that you NEED.

So true. Regardless of what you earn, you will always feel broke, unless your lifestyle doesn't match your income, which is rare!
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eastwest97

13 years ago

I've been homeless with a child no less so I can live on next to nothing. But that was years ago, thank goodness. Today to pay my current living expenses and have money for a few extras (e.g., full tank of gas), I would need about $2500/month minimal.

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nichemaker 12 years ago

We could probably get by on $2,000 monthly or $24,000 annually provided we were debt free (which will be soon) with our current family size. Ideally, though, we should be comfortable at around $4k monthly, and that's for a family of soon-to-be five.
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robvegas626

12 years ago

Dude, your question ("How much could you live off") suggests to me that you have some pretty major limiting beliefs about yourself and your business.

Personally, I don't want to make enough money to "live."

I've got enough cash in the bank to "live" for the next 20 years. Who cares? I still wake up every day and kick ass to make more...because I love what I do.

If you think in terms of "how much salary do I need to live off," it's OK if you are stuck in a job you hate and you want to do IM full time. But if you're already doing IM full time and are thinking in terms of "how much do I need to live off," you need to re-adjust your mindset and start thinking in terms of, "What does my conversion rate need to be if I'm going to buy that mansion in Brazil within two years?"

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Kange

12 years ago

Originally Posted by robvegas626

Dude, your question ("How much could you live off") suggests to me that you have some pretty major limiting beliefs about yourself and your business.

Personally, I don't want to make enough money to "live."

Yes money to 'live' off to enjoy things, still have an income from your business and enjoy going out and holidays and living your life comfortably, stable, in a way care free and having your house and supporting your family etc. Realistic income you would like to do these things.

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ChristopherGabriel

12 years ago

Originally Posted by eastwest97

I've been homeless with a child no less so I can live on next to nothing. But that was years ago, thank goodness. Today to pay my current living expenses and have money for a few extras (e.g., full tank of gas), I would need about $2500/month minimal.

Right.. Bills and expenses alone put me over 3k monthly, plus another 1k minimum I invest into my ventures. To be honest I think 10k a month is a comfortable number, it all depends on how you live. I like to drive nice sports cars and watch boxing matches on huge mounted televisions... bad habits I know, but I was once told it was my right as an American spend money how I choose to..

I remember the days when I could live off of a small budget... the days before I had my own house and stuff that goes in or out of it.

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stevenfabian

13 years ago

Depends on where you live. I think 10k per month is enough ANYWHERE in the world, but in places like Central Europe even 2-3k is enough, and at places like India and China even 500$ per month is considered VERY high. But again, the expectations and the "quality of life" is different. Also, if you plan to travel a lot and take part in all sort of exciting adventures like I do, an extra 5$ per month never hurts!

But to just cover the essential expenses, I think 2-3k could do it.

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bruday

13 years ago

I need $2k/month

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vtotheyouknow

13 years ago

In San Francisco, I've lived on about $2500/month.

About $1500 of that went to buy high-quality food:

-grass fed meats
-free range eggs & poultry
-grass fed butter
-vegetables
-berries

IMHO, YOU are your number 1 business asset & investment; nurture it.

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c.t.coburn 13 years ago

thankfully, I have a job with great benefits so the salary is almost an afterthought, I COULD scrape by on $400 - 500 a week (but I don't know how anyone could really save making that??)

my sideline goal (some months yes, some months no) is to earn as much as a person would earn on minimum wage working full time.

I refer to this as "Uncle Jake's money" after a departed relative who always had a little cash income from something (selling cattle, repairing sewing machines later, etc).
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David Sneen

13 years ago

I hate to be a contrarian. We are talking minimalist here. I don't know about you, but I wish to expand my income. So the question of what is the minimum I could live on is irrelevant.

What income am I seeking? I would like to live comfortably on 1/3 of what I earn. I want to give 1/3 away; charities + help my daughters raise their kids. I would like to invest 1/3. I can live comfortably on $5000/month after taxes. So, that means that I should earn about 20,000/month.

I am making strides to make that happen.

Keep thinking MORE! Good luck in your quest to earn money online.

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nickdamodda

13 years ago

Comfortably? There's no amount. I always want more.

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emasaa

13 years ago

For the business no less than 6k a month to survive or breakeven.

Personally, pretty happy with 2k a month as I'd never use it coz of being online most of the time.

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dennis09

13 years ago

If worse comes to worse, I could scrape by with $1,500 and be able to pay all the bills and keep gas in my truck. But at the rate gas prices keep going up that will be subject to change.

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Usmile

13 years ago

Being single I could live with $300 a month

however i still need extras

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sqnwk

13 years ago

I can live comfortably making $5,000 - $6,000 a month, but the bare minimum I need is at least $2,500 after taxes

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Clandog

Banned 13 years ago

I make ~ 800 dollars an hour if I work, trouble is that i'm lazy

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Brian Tayler

13 years ago

I can honestly live on whatever I'm given. Once I was at a low income of $12,000 a year (after being $62,800 a year) and made it work. The point is if you put your mind to it (give up stuff) you can live on just about any income level. Now I live comfortably on $6k a month and bank any company profits above/beyond. Just realize what you want in life, what that'll require... and go after it.

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Victoralexon

13 years ago

I could live quite comfortably off of $800 after taxes. Not much, but I would get by. I am not a big spender anyway, fortunately.

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Kal Sallam

13 years ago

4k sounds pretty reasonable to me.

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Samrath Gupta

13 years ago

I can live on $3K/Month

Thats my minimum

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thinktwice

13 years ago

4000$/month would be OK, no debt expect for the mortgage maybe.

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Kange

13 years ago

Thank you for all your comments. Some very interesting figures being thrown about.

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sarah87

12 years ago

pretty much nothing

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BridgetSielicki

12 years ago

My goal right now is $5K/month. That would help us to pay off a lot of student loan debt and start saving money for a house. Its pretty expensive where I live too, right outside NYC.

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Roan

12 years ago

comfortable 5K I would say. This is my first long term aim

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KateOranum

12 years ago

Depanding on what sort of livestyle do you live - going from 500 to a grand..

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theory expert

Banned 12 years ago

Technically speaking you can live off any salary you have to live off of simply because you have no choice. I guess what I am saying is be grateful for what you have because someone is doing a lot worse than you. Maybe physically if not both physical & financial.

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funmom91

12 years ago

I could live comfortably with $4000. But, I could maintain at $3,000

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Jere Kuisma

12 years ago

I could probably (if I think about living on my own, as currently I'm living with my parents) live fine with even less than $2,000 a month, but I wouldn't be happy with it.

And you said that all of us are dreaming of the millions; I ain't actually. I'm dreaming about earning 3,000 euros a month from an internet business('s). This is the average salary in Finland and being able to earn it from home and from my very own "effort" (not working for someone else) would be amazing.

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Michael Ten

12 years ago

In order to quit my day job, I would want to be earning at least $95,000 from diversified income streams.

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jgant

12 years ago

Unfortunately I need quite a bit with student loans a new baby and being a single income household (for now). I also live in an expensive region where homes cost $450K (for a townhome). Yes, I could move, but we like it here. Once the loans are repaid (4 years remaining), our income requirements will be cut down considerably.

So far I generate more each month than I need to live on which is my goal. I hope to widen the gap more each month.

Debt is a killer and I can't wait to get rid of it. I have sufficient cash to pay it off, but I prefer having a cushion to get by in a pinch.

Avoid debt as much as you can. Student loans are often necessary for an education, but they are chain for years post-school. I don't regret them, but they hurt.

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chenkev

12 years ago

I think I'd need at least 2k/month...Everything is so expensive down under

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thatkeywordguy

12 years ago

very little - but my car keeps breakinggggg

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Irwin Dominguez

12 years ago

For me - not much at all. Currently, I have a decent salary from my day job, but because I don't spend money really (I'm an accountant by trade so my wallet by default is closed all the time), I don't have a mortgage, I have no kids, I have no debt, my wife makes a really good salary (and she buys her own stuff) - most of what I make is dispensable income and some bills I have are discretionary (cell bill with data plan, aweber account, etc.) .

So... the bare minimum for me would be ~$1,200/ month (pay half the rent, some bills, and have some spending cash).

But no one wants to settle for the bare minimum!

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ttdub

12 years ago

I could live with about 1500 dollars.

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Jerremy

12 years ago

I currently could live with just 800 dollars a month(, but I don't make that amount of money with IM yet (it's 0 at the moment)).

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kayebee

12 years ago

I could live nicely with 2k a month. I'm making the bare minimum to get by now but I'm aiming for 2k. Once I achieve that I will create another strategy to make more. One step at a time...

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OldLodgeSkins

12 years ago

It all depends if we talk about "surviving" or actually "living"...

I could survive with $800 - $1000 a month. That's actually roughly what I'm living with right now anyway.
Now to really live and considering that big project that's been turning in my head for a couple of years which involves a lot of traveling... $2000 would probably be a minimum.

Seb.

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Emily B 12 years ago

I could survive off of ~$600 a month, but preferably $1100+ a month so I can pay for tuition. I'm hoping to get a bike some soon, that'll cut my gas bills down and I could probably go with ~$500 a month or so.

I rent and have a roommate, so that makes it easier.
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WebPen

12 years ago

Live off of? Nothing.

Feel comfortable? $10K/month.

Feel really comfortable? $20K/month.

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Shawn Wilson 12 years ago

Originally Posted by Justin Stowe

Live off of? Nothing.

Feel comfortable? $10K/month.

Feel really comfortable? $20K/month.

Justin you read my mind! LOL!!

You are spot on.....
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gasman

12 years ago

I could never be happy with a set number I don't think. I'm addicted to making money. However, I could live comfortably on the low six figures after taxes if I had to. That would give me enough to where I wouldn't have to stress about bills, and still had money to have fun with. However, I wouldn't get to live in my dream home, drive my dream cars, etc. For this reason I would never limit myself on my earnings, and why would you want to?

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SuperCopywriting

12 years ago

A few months ago I broke down how much I actually needed to live my life the way I wanted - including paying off debts, vacations, training and classes to increase my skills and knowledge, etc... and in order to do everything I desire would take at least $10,000 a month or even better...

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thatkeywordguy

12 years ago

I'm in about the same boat...

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Puta

12 years ago

I could live off 20k a year... but I would be happy with 100k.

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Lance K

12 years ago

My Wage...

I bargained with Life for a penny,
And Life would pay no more,
However I begged at evening
When I counted my scanty store;
For Life is a just employer,
He gives you what you ask,
But once you have set the wages,
Why, you must bear the task.
I worked for a menial's hire,
Only to learn, dismayed,
That any wage I had asked of Life,
Life would have paid.

~Jessie B. Rittenhouse

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CallOfTheMild 12 years ago

What I can survive on per month? It would be $2,000 a month to live decently. Nothing exciting, a treat for myself or pets every month but nothing major. And I sure couldn't save a whole lot with that.

What I would like to cover hobbies and interests? WAY more than that. Not because I want to take lavish vacations or drive a Mercedes, (although...would be nice), but because I want to buy a lot of land and open up an animal sanctuary. Even though it would be non profit, it still requires a whole lot of money. But that's what I would love to do more than anything else in this world.
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RealWorldMyth

12 years ago

$3,000 a month. I think honestly, once you hit a certain point to live comfortably or to live the way you want, the money doesn't matter as much, but the exciting projects do!

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Joseph Robinson

Banned 12 years ago

My first year out on my own, I worked for Burger King and just barely cleared $10,000 before taxes as a crew member. I survived just fine. People who can stick to a budget can survive on just about anything as the baseline cost of living is a lot lower than people realize.

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EddieWade

Banned 12 years ago

It depends on where you live and on what standards you have. Some countries are really expensive, so you need more.
For me...I think around $1000 would do just fine.

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Yulia from DNP

12 years ago

You get more, you want more, you spend more, thats about how a person is living.
We can live at no salary at all :- )
The problem is that nothing is never enough.We always want more.
The more we get - the higher get the standards and the " minimum" for living changes.
By the way London is a not a good place to make an example of , in terms of living.
It very expensive to live there, and you get small apartments, thats the standard.
I can assure you that , as i have traveled a lot, and had to live for a long time in different places, where i had to have apartments for over a month.
You should try Countries like Netherlands, Sweden, Australia.

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MichaelPaul

12 years ago

5000 per month works for me...

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nmb

12 years ago

I reckon a gross £2000 minimum - after costs and tax about £1500

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Anonymous Affiliate

12 years ago

As per my current living standards, I'd say around $5,000 net per month.

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onlinesolutions1985

12 years ago

I would live comfortably with $2,000 a month. To survive, $500-$1,000 a month will do.

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umamaji

12 years ago

For me 1K is enough as i am a student, studying in university, and have no wife, so not much expenses...

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dlo2592

12 years ago

I could honestly live on $1000 a month, though I'm also getting into IM to help pay for college.

Rent where I'd like to live would be about $400-$500. The rest, since I've been in college for about a year and a half now, would be manageable, if I weren't to spend on luxuries.

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keshavjha

12 years ago

I used to work in a dead-end job... slogging from 8+ in the morning to 9+ at night.
To everyone else, I had it made - I was a college graduate, working in a respectable multinational corporation and earning a fairly decent salary.
Yet, somehow I wasn't happy at all!
Perhaps it was the long working hours... Perhaps it was the unavoidable office politics. Whatever the case, I soon found myself dreading going to work every day and I hated it. soon i started raking big everyday from immense power of online marketing and soon become my own boss, Basically, i learned Law of Attraction which means is everything we attract into our lives is due to our thoughts and that "Like attracts Like".
What this means is that if we keep thinking a certain thought (positive/negative) over and over again with strong emotion, we manifest what we think about into reality.
In other words, we attract what we focus on.
So if we focus on lack, we attract it. If we focus on abundance, we attract that.
Thoughts lead to feelings which lead to actions which in turn lead to results.
If we want to change the results we get in our lives, we need to start by changing our thoughts.

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Gsdlady

12 years ago

I could live off 1,800 a month for my monthly living expenses. Be nice to have an income of 10,000 a month so I could put some away for retirement and pay off my house.

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jpsween88

12 years ago

Its always nice to get an idea of what people are actually making online. I have been promoting empowernetwork for 7 months and I've made about 35k so far. Not to bad I'd say

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Vikram73

12 years ago

I need about $250,000 per year to live comfortably.

- Mortgage payment
- Money towards retirement
- Money towards 3 vacations a year
- Money towards weekend entertainment
- 3 kids - saving for their college
- etc. etc. etc.

This puts me in a position where I can buy things without thinking much about it and still save a great deal towards vacations, college for the kids and an early retirement.

Now realistically - I can "survive" on probably $80K a year (move to a less affluent part of the country, downsize a good bit, vacation and travel less, eat in more often, stop buying expensive things, work till I'm older, tell my kids to suck on it and pay their own way through college etc.).

But - there is a huge difference between "surviving" and "living".

Money may not buy you happiness but it can enable it.

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Anonymous Affiliate 12 years ago

Originally Posted by vikramd

But - there is a huge difference between "surviving" and "living".

Sure, this is the key thing here: are we working just to "survive" or to have a "comfortable living"? I guess we could all survive with $1,000 a month but... what's the point in working your butt off just to drag yourself on for one more day?
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murphyslaw

12 years ago

Cost of living varies per location of course. I wouldn't mind getting an increase in my monthly income. I've had people work for me who were happy to reach $1k a month net income. Another $1k would shift their entire lifestyle to the next level.

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michaeljcheney

12 years ago

Not much as my internet marketing over the past 10 years or so has already taken care of mortgages and other "nasties" out there. But $20k a month would keep me in the life I've become accustomed to, as they say :-)

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thatkeywordguy

12 years ago

Nice. That's a lot of cash...

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Viramara

12 years ago

In my country I can live lavishly with $2000 a month. Hit $5000 and you can live very very lavishly.

. I knew a girlfriend whose father makes $8K a month and has a house like a mini castle, with lifestyle like Paris Hilton.

Average salary in here is between $150 - $300. Above $300, it means you're doing well in your job. For the moment, I'm living as a student and only need $70/month to survive, but that's not included tuition fee, research cost, and dorm rent bills. So far my IM earnings can cover all these cost, but leave me a few to scale up. A student becoming financially independent from parents can be a challenge

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webmonopoly

12 years ago

hahaha some people saying the need 10-20k a month...what are you guys doing, handing money away to bums or just pissing it away on alcohol?

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ChristopherGabriel 12 years ago

Originally Posted by webmonopoly

hahaha some people saying the need 10-20k a month...what are you guys doing, handing money away to bums or just pissing it away on alcohol?

Paying off students loans, paying for children's health/dental bills because of lack of employed coverage, paying for a house and multiple vehicles so me and my wife and get around, investing money into soon-to-be-failed IM campaigns trying to find a winner, eating good meals every day, going on vacations across the country, going out on the town once a week.. Just to name a few.

Well I have a friend in California who banks way more than that, and I guess the 100k watches are only "entry-level", so it just depends on how much money you want to make in your life.

Please note, I am not saying I would spend 100k on a watch, that is to much for me. But if you see the comments on all of the expensive watch threads on Amazon, they are hilarious!
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Tarismo818

12 years ago

20k a year? no way!! 100k for sure

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Anoopchawla

12 years ago

Here in India I can survive on $500/month without sacrificing much.

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tmoby

12 years ago

1000 a month is rent and food, but would mean no fun and no school. No cell phone or any nice perks. I would hate it, but i could live!

It actually makes me feel bad that that's the lowest I could live off of in Canada compared to other countries.

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greenowl123

12 years ago

I could live on $800 a month here in Lima, Peru (although maybe that would change in the near future since inflation is here now due to the middle class growing fast).

At the moment, I live VERY well here on about $3,000 a month.

Of course $6,000 would be even better !

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Viramara

12 years ago

A quote from "Princess and the Frog" movie :

"What you want? What you need? Are they the same? NO!"

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jed82

12 years ago

Amazing how this has turned into the "LOOK HOW MUCH I EARN" thread...it was a valid question from the OP.

Some of the Americans supposedly earning upwards of $6000 dollars per month yet still worrying about petrol (gas?) prices?? You have the cheapest petrol in the Western world, about a quarter of the price in the UK...10 gallons in the UK today is about £60.

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Gambino

12 years ago

I'd have to rake in about $3000 after taxes per month to live comfortably. I could get by on about $2000 after taxes.

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sethdrebitko 12 years ago

I could comfortably live on $25k, but I would like $50k. <- With a family.

Anything above this I would be just straight investing/donating.
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rahulrockerdwor

12 years ago

passive $4 k a month and ii could manage myself but talking about the want well want can never finish...can it?

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BudaBrit

12 years ago

My g/f and I have been living off £350/month between us in the past. Here in Budapest, that is. Now, before expenses, we would need around $750 to live OK and $1000 to live pretty well for us.

That's between us, though, and it's damn low

I love that we can eat off of less than $5 for both of us for a day. And eat well! Roast chicken, risotto, cordon-bleu. Budapest can be damn cheap if you know where to look

Looking to hit $1200 myself this month, for the first time since I've gone online

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What salary could you live off?

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