(Closed) At which combined salary would you be happy?

posted 3 years ago in Relationships
  • poll:

    0K-20K

    20K-40K

    40K-60K

    60K-80K

    80K-100K

    100K-120K

    120K-140K

    140K-180K

    180K+

  • Post # 31
    Member
    1350 posts
    Bumble bee
    • Wedding: July 2017 - The Lodge at Little Seneca Creek

    I don’t like the word “happy” here. I’m extremely happy. My Fiance and I make about $75k combined and live in a wealthy area, so we have a small condo and have to budget a lot. I think we would be more comfortable if we made about twice what we currently do (I went with $120-140k), so that we could afford a larger townhouse and maybe not have to worry about money so much…but who knows? Maybe if we did make that much, we’d feel like we’d have to make double that to be comfortable. It might just be a never-ending cycle.

    Post # 32
    Member
    1220 posts
    Bumble bee

    I live in Sydney Australia which is far more expensive than it should be! We plan to move to another city soon as we can’t buy a house here. We would like around 250k-300k in AUD dollars to live comfortably and support the amount of children we want. 

    Sigh. Why is everything so expensive! 

    xo

    Post # 33
    Member
    399 posts
    Helper bee
    • Wedding: March 2016

    Content is one thing… Ideal is another! haha. We are at about $110-120 right now and it fluctuates since I am in sales and just starting out. When we have a baby it will probably go down to under $100k for a couple years when I am not working a lot, and then back up again when I go back to working more. We live very modestly and I am content but it is not my ideal. I definitely don’t need my ideal to feel happy and content though. We have a great life and we have everything we need and want on just his income.

    ETA: We have a lot of debt! Sigh. Plan to pay off before kids

    Post # 34
    Member
    7176 posts
    Busy Beekeeper
    • Wedding: February 1997

    The interesting thing is that most of this is speculation. And as you can tell from the poll, most people think they would be happier with more money. But the interesting thing is that every study that has ever been conducted says that after people have enough to provide for the basics of adequate housing and food, more money doesn’t make a difference toward happiness. Yes, I realize how hard that is to fathom for most people, myself included sometimes. Yet, people with more money find more things they “need” to spend it on and have just as little free time and just as few “luxuries” (according to their standards) as we do. More money does NOT bring happiness. I still strive to realize that daily, but I don’t doubt it to be true. There are LOTS of people with gobs of money who are not happy.

    Post # 35
    Member
    253 posts
    Helper bee
    • Wedding: September 2015

    We live in NC so we’d be very happy at $80k. When DH finishes his degree, we’ll be at around $100k to start. We’re killing it down here with my salary alone to be honest.

    Post # 36
    Member
    7893 posts
    Bumble Beekeeper

    Being happy with our combined salary for me would mean that we are living up to our potential within reason in our respective professions, which is higher than the choices in the survey. 

    Post # 37
    Member
    3109 posts
    Sugar bee
    • Wedding: March 2016 - Surfer\'s Beach, Grand Cayman

    We are happy and comfortable at around 50k although it varies every year and DH is making more as his business builds and I’m a Stay-At-Home Mom. I think we would be able to do some more of the things we want to, like home renos and more vacations at around 80-100k so that’s what I voted for. We hope to be there in the next few years. 

    Post # 38
    Member
    1277 posts
    Bumble bee
    • Wedding: January 2021 - City, State

    Our combined income is 30k and we manage, joys of being a poor student 

    Post # 39
    Member
    4064 posts
    Honey bee

    View original reply
    beverlykay :  at least $100K. I live in northeastern Maryland. Not as expensive as the D.C. suburbs, but not cheap either. DH and I make $125K combined now and we live comfortably. 

    Post # 40
    Member
    1316 posts
    Bumble bee
    • Wedding: June 2016

    DH and I combined make about 100k currently, but we live in an area with a 50% effective tax rate so that disappears REALLY quickly. If we planned to stay here long term that wouldn’t be problematic since we’d need little savings for buying a house (can borrow 100%), child care & education (very low rates), retirement (public pensions), or health care (highly subsidized) — but we don’t so we feel very behind in savings. 

    When we move back to the US we’ll probably be looking at a pay jump to about 250-350k range with continued growth potential. While I’m sure that money will be welcome, we’re under no delusions that it is *needed* for us to be happy. As long as we feel like we are maintaining our standard of living while still saving sufficiently for the future then we’d be content. That amount obviously depends on where in the US we live but considering the areas under consideration it would probably be in the ballpark of about 200-250k a year. There are one or two regions we’re looking at that it would be lower, but they’re less likely just because with lower COL also comes fewer job opportunities in our fields unfortunately. 

    Post # 41
    Member
    467 posts
    Helper bee
    • Wedding: January 2016

    View original reply
    happyjuju :  good for you moving. too many people complain about how expensive it is to live in sydney and forget that theres a whole rest of the country out there. I couldnt afford to live the life I wanted in Melbourne so I moved to a regional town, bought a beautiful old house with a big backyard and it’s the best thing I ever did. 

    Post # 42
    Member
    1220 posts
    Bumble bee

    View original reply
    redwinetime :  so great! I’m from the far north coast originally so I’m getting a bit tired of Sydney. I lived in London for two years and I find Sydney more expensive! I’m glad you are enjoying your new home in a regional area. So much more relaxing! xo

    Post # 43
    Member
    483 posts
    Helper bee
    • Wedding: December 2016

    We used to earn $160K combined, but now that DH has started a new job, we currently earn NZD$122,750K combined, due to him having to take a significant salary cut (it was crucial that he got a new job, though, as he was reaching burnout). 

    We currently have no debt or kids (yet), but we live in a high-cost area that has been in a “bubble” for the past 5 years or so, due to a natural disaster making the price of real estate shoot through the roof.  We’re hoping that that will change in the next year or two, though, so we can buy our own place. I’m not optimistic about it, though! 

    We’ve managed to save quite a good deposit for a house, but property and the cost of living is still really expensive at the moment.  I’m nervous about what will happen when we decide to TTC next year and go down to one income, or whether it will even be possible…sometimes it feels like we’re just keeping our heads above water, even without kids or debt!

    Post # 44
    Member
    2506 posts
    Sugar bee
    • Wedding: October 2016

    We live in a medium cost of living area.  Just moved to our town this year when we got married. Took a $35k pay cut when we moved. That’s a lot. Still, even with that, we make 140k. I miss that $35k, especially since we’ve added on more debt this year. But at $140k, we live very comfortably. It’ll be so much better once we sell our old house (2 house payments sucks).

    When I finish with my NP in 2 years, I’ll gain about $25k in income & that’s likely what we’ll top out at.

    Post # 45
    Member
    381 posts
    Helper bee
    • Wedding: February 2017

    We are at $225K USD and it’s not that easy in a large city. The only debt is my last semester of graduate school at an Ivy League school. It seems like we are living comfortably but it’s hard when the cost of rent is so high.

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