where you getting this from?
The average salary to living wage in the 25 largest metros in the US is 57,013 after taxes. The average home is 250,000.
Salary Needed to Live Comfortably in the 25 Largest Metro Areas – 2022 Study
In a 2021 modern wealth survey, Americans told Charles Scwab that they need an average net worth of $934,000 to be financially comfortable. Another survey by Personal Capital says that Americans believe that they need to save an average of … Continue reading → The post Salary Needed to Live...
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The Cost of Raising a Child in the United States
Raising children is expensive, but parents who know the numbers can strategize to lower the costs.
www.investopedia.com
It costs 272,000 to a raise a child to 18 years old.
My thing is, if you wanna be able to travel, eat good food, drive a nice a car, have a family, live in a nice area, not have to panic when emergencies happen, not having to use credit cards when emergency happens, not having your mortgage eat up most of your income, being able to make home repairs.
That's a quarter million a year lifestyle.
I wouldn't feel comfortable without making at least 100,000 and I'm single.
Plus my rule always been, you need to make at least the value of your home when you purchased it to comfortable a year to be comfortable.
If your home cost 300K and you trying to maintain that 100K, that's a headache.