Depends on a lot - location, how many dependents you have that rely on you, etc. Back when i was single out of college, not much; now with a wife, it's a lot more haha
Depends on a lot - location, how many dependents you have that rely on you, etc. Back when i was single out of college, not much; now with a wife, it's a lot more haha
LFGdating
Currently playing: WoW, D3, SC2, and wait for it ... Red Alert 3. (And possibly some Goldeneye here or there.)
That is so off its hilarious.
Grains/flours are about ~50c per pound
Cheap meat cuts/minces/sausages are $1-3 per pound
Milk is a $3-4 a gallon.
Fruits and vegetables are 50c to $1 a pound for the common foods. you obviously pay more if you want out of season strawberries.
And a healthy person needs about 2.5 pounds of food per day.
So, to sum up: half a pound of meat a day, 2 pounds of vegetables, grains and fruits will work out to be ~$2-3 a day.
So really, the lesson is, stop being a fatty and learn to cook.
I took the prices from walmart's website, if your wife buys from markets you can buy for even less, as you can buy food that is perfectly fine but doesn't meet supermarket standards (i.e. carrots that aren't perfectly straight, etc)
Even here in Australia, where everything is more expensive thanks to us not using illegal immigrants for farming and paying store workers three times the american minimum wage, you can live on $3-4 a day
Last edited by vetinari; 2015-07-03 at 07:20 AM.
Most people behave like that. I think the term is "new money"? They're used to living a modest life so when they finally get money they want to rise in the world, they want to be someone and they want people to see they've become someone. They could live on less, they've done it before and they can do it again but they don't want to drop down the social ladder they've bought their way up on. So, as you said, they convince themselves they couldn't live on less.
Fact is, you can live like a fucking king(In terms of food, clothes, electronics etc) on not much more than 15k euro/year if you really wanted to. For 100k euro/year? Jesus, if you don't mind living modestly you could honestly save so much money, probably 70-80% of your income could go straight into savings, np.
I'd say 100k/year is more than enough, at least for me, dunno what people are doing with their savings, damn, despite travelling quite much around the world, eating quite much and so on, I only spend about 20-25k/year, that's including tickets for plains/trains/buses, me single though O_o
I spent few thousands a year more, when I lived and worked in Shanghai, that's number 6 in world's most expensive cities list, depends on the list though. I was buying healthiest shit I could get and, trust me, that's pretty expensive in China, but I still dun get how single people, who rent an apartment, are spending as much money as they claim. WTF?
BS. No way you can live on $3-4 day in Australia. How the hell do you get to work? Pay your rent/mortgage. A packet of cheap arse sausages from coles is $8 a kilo, so what ~$4 a pound. That alone blows your budget out.
Don't get my wrong we have a lot of advantages living here, but is far from cheap, a person living in Sydney/Melbourne with a mortgage earning $100k (about 76k US) would not be wealthy.
Not entirely true. The average income in Norway is around 40-50% higher than Sweden. Still welfare(if you have no former work to show for) is lower than the Swedish average pay. But its a reason why so many swedes come to Norway to work. When a Norwegian Restaurant worker has an average pay around the same level as Bach/master level work in Sweden.
To the US residents among us: What the hell are property taxes and why do you have to pay them!?
Also: Do you really have to pay $3,000 a year for health care? That's mental. God bless the NHS!
50k a year is well off here on 1 salary.
I currently earn 35k in euro's . So does my girlfriend. So together we have 70k. Tax rate 33%.
Rent, groceries, insurances, etc. Costs us 1600 a month. We have roughly 2000 euros to spend freely each month. Most go into saving though.
I've barely been surviving on ~13k a year. Doubling that I would be able to live fairly comfortably, but still have to maintain limits on spending. Doubling that to roughly 50k, good lord, I would really have more money than I'd know what to do with. So anything over 50k would be absolutely wonderful, unless you're a spending whore and just drop money on anything and everything because you can.
I don't require a large house, and my 'dream car' would run me all of about $30k. I don't drink, smoke, or do drugs, all I really do is eat, sleep, go to work, and game.
is it really "paying nothing"? In my country they take part of my salary to cover national health care system. Yes, I don't have to suddenly pay 100k when I get sick, but they still take some money off off me every month.. So basically whole country gathers money, so the system can treat me when I'm sick..
We pay national insurance (which is about 8% of our salary I think) which covers health care, unemployment and housing benefits (I'm sure disability benefit and others are in there too) and towards pensions. So, yes, technically health care isn't 'free' as we pay for it in part through NI but it also covers a lot more than just that. I don't mind paying my way to help the less fortunate and elderly of the UK. You never know if you might need it yourself one day.