(Closed) How much to make monthly?

posted 5 years ago in Home
Post # 3
Member
2674 posts
Sugar bee
  • Wedding: July 2012 - Catholic Church

I’ve always found that $2000 a month is just more than enough to live comfortably and save reasonably. We live in a pretty inexpensive area though.

Post # 4
Hostess
18643 posts
Honey Beekeeper
  • Wedding: June 2009

It really depends on the area where you live.  I live in an area where I could get away with making a lot less than Washington DC.

Post # 5
Member
3583 posts
Sugar bee
  • Wedding: August 2012

@Firemansgirl:  depends on where you live. we take home $4k in Seattle and it still just enough to cover rent/bills, eating out, saving, and recreational activities and occasional splurges.

Post # 6
Hostess
8579 posts
Bumble Beekeeper
  • Wedding: October 2014

Greatly depends on where you are from.. me and my Fiance make just over 3,000 a month, and we are doing great… but, the housing/rent here is fairly cheap, as is gas and groceries. [Gas is down to $2.19 here]. We live in the boonies, in Indiana, so everything is alot cheaper here than say.. California.

Post # 7
Member
9056 posts
Buzzing Beekeeper
  • Wedding: June 2010

Totally depends where you live.  We make about $8500 monthly, but considering houses cost $1M a good portion of it goes up to saving a 20% down payment in less than 10 years.

Post # 8
Member
845 posts
Busy bee
  • Wedding: May 2013

Totally where you live!  We will make about $6500 together monthly after taxes and it REALLY doesn’t seem like enough sometimes even though we live in one of the cheapest area of the country.  But we currently have 2 car/truck notes, a mortgage, a student loan, and various other bills.  BERGH!

 

Post # 10
Member
1471 posts
Bumble bee
  • Wedding: November 2013

I definately, definately depends on where you live. Here in Japan, an apple is between$2 and $3 – so $2000 won’t cut it. My Fiance lives in the midwest, where that would easily do one, and could give a basic level of support for 2 of us.

Post # 11
Member
7311 posts
Busy Beekeeper
  • Wedding: October 2011 - Bed & Breakfast

To live comfortably in the DC metro I’d say you need to earn at least $7-8k a month to pay for all insurances (health, life, car, etc.), have a roof over your head in a nice area, eat, drive, save for retirement, etc.

Post # 12
Member
1052 posts
Bumble bee
  • Wedding: March 2011

I see that you live in CA, I also live in So Cal. For my area, I think you need at least $7,000 – $10,000 a month to live comfortably. If you’re buying a home though, that may not be enough :/

Post # 13
Member
201 posts
Helper bee
  • Wedding: September 2012

This question is completely subjective.  What is comfortable to you?  How big of a house? What kind of car? Eating out how often? How much do you want to save? What is the cost of living in your area?  Do you buy “luxury” items or other unnecessary but nice items?  All of these things will impact what you will need to be comfortable.

Personally, I like to splurge occasionally and I have an active social life where I go out a lot.  I own my home and save about 20% of my income.  I live in a low cost of living area.  I didn’t feel comfortable until I was making over $6,000/month.

Post # 14
Member
2981 posts
Sugar bee
  • Wedding: August 2011

I make around 3k a month working part time. Our combined income equals roughly 100k a year.

Post # 15
Member
1278 posts
Bumble bee
  • Wedding: March 2013

We live in Las Vegas ans cohld never live off  $2k a month. We bring home after taxes just under $5k a month between the 2 of us and we do ok. We own our house, 2 car payments, and have nice things but no credit card debt;) 

Post # 16
Member
424 posts
Helper bee
  • Wedding: September 2010

It depends on a lot of factors!  A few years ago when I lived in WI I would have said around $2000.  I lived a simpler life there!  But now I live in FL where things are more expensive and I have a husband that likes toys and had some debt prior to us meeting.  So at $9000 / month we live somewhat comfortably, but once the debt is paid off it will be a lot better and we’ll be able to save a good amount every month. Hopefully that should be just a few more months since we just got out of our house that was a VERY bad investment (prior to me). 

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