What amount of money would make you comfortable?

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  • cale
    replied
    Originally posted by lolcantturn
    Why would you be less content with the more you make? More management needed for all the money?
    Your expenses go up with your income. Make 50k a year, struggle to buy a house. Make 150k a year, struggle to maintain mortgage, new cars and kids. More money unless you get a hell of a lot of it doesn't make problems disappear....although I'd take my chance with 150 vs 50.

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  • ButtJuice
    replied
    About 3k & I'd be a happy camper, + my current rate of paychecks.

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  • lolcantturn
    replied
    Originally posted by ak-
    I work at a financial institution and I can feel and see this off every wealthy client/customer. It's true.
    Why would you be less content with the more you make? More management needed for all the money?

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  • ak-
    replied
    Originally posted by fronton
    The more you make, the less content you remain.
    I work at a financial institution and I can feel and see this off every wealthy client/customer. It's true.

    Leave a comment:


  • Vtec?lol
    replied
    Gimme $200k and I'll pay off urrthang and have money to invest in myself. Or at least build a solid foundation to make the rest of my lifes work a lot easier.

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  • Cabriolet
    replied
    the wife and i make <100k and its ok, not great, cant afford an m3 but i know friends who aren single, making >100k and seem poor. its all about money management. tbh if i were making >150k life would be pretty sweet.

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  • Kershaw
    replied
    or even better, a job where you travel once a month across the globe would be pretty cool too.

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  • Mlarsen
    replied
    Annual income 250k to 300k. Money aside, I'd like to be able to travel. If I could once a year take a full month off of work, that'd be awesome. Financial freedom is one thing but, to have personal freedom is a completely different ball game.

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  • eskimo810
    replied
    Originally posted by Jrey
    hah wow, very high income area i bet?

    theres a house across the street where i live and its on the bank, i wonder how much its going for but its nice, bought by the bank, should be cheap
    Lot's of upper-middle class, but nothing crazy. It's a ski town though, lots of second homes. Everything is expensive. Hell, if you have a nice view from your property you get taxed for that. Very liberal up here? Fair to say.

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  • nando
    replied
    Originally posted by mrsleeve
    Banks are not discounting their foreclosures much below market value in all but a few places MI, AZ Nv are about the only places you are seeing decent bank owned deals. Thank you fed govt for giving the banks all the money to bail out the shity lending, they are being paid to hold the realestate market up, still
    yeah, the bank owned homes really aren't a good deal, we looked at a lot of them - they were usually pretty trashed, or had mold issues (due to being unihabited for so long), and weren't cheap enough to be worth it. maybe 20-30k less than a comparable "normal" sale.

    and banks wonder why they sit on the market..

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  • fronton
    replied
    The more you make, the less content you remain.

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  • Joe G
    replied
    Today, $2500 would make me comfortable.

    Long term as in 5-7 years from now im shooting for a minimum of $100k/year with growth potential to $250k+. Im not busting my ass in school to settle for $45k/year.

    Ideally I want to bust my balls until my 40s and then teach at the high school or college level once i have secured my own and my family future financially.

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  • Todd Black 88
    replied
    Originally posted by z31maniac
    That and people spend WAY too much of thier income on housing these days. Way to fucking much.
    Yup, but where i live there is no other choice if you want to live here. A simple house like mine rents fo over $3k a month out here, and a 1 bedroom apt downtown is between $1100 and $1800 per month.

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  • mrsleeve
    replied
    Banks are not discounting their foreclosures much below market value in all but a few places MI, AZ Nv are about the only places you are seeing decent bank owned deals. Thank you fed govt for giving the banks all the money to bail out the shity lending, they are being paid to hold the realestate market up, still

    Leave a comment:


  • Todd Black 88
    replied
    Originally posted by Stanley Rockafella
    My parents bought their house in Saskatchewan CASH in 2000 for just under 70k ( I think about 65ish). As of 2008 it was valued at just under 300k. It was built in the mid 60's

    It's just stupid to be spending so much on a house in Saskatchewan that is merely a bungalow ( 3 bedroom with shitty inop central air, leaky windows, no garage/carport, and a shitty crumbling foundation that needs to be repaired as it leaks in the basement like a MOFO every spring or rain storm). I can't imagine anyone spending anything more than the price they paid back in 2000
    I had a friend who lived out here in North van who used to travel back and forth accross the country for work, weekly. She said it was stupid
    Iving on the west coast with her job, so she bought a house in winnipeg over the phone with the realty company................with her Visa. $35000.

    Prices out here are rediculous. My 1967 built house on a standard for our area lot, was assessed at $980,000 for property tax this year. Thats almost $400k more than i payed 6 years ago, and $600k more than the po payed for it in 2001.
    Stupid.

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