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Re: How much money
[Re: jlbuc10]
#1562836
12/15/15 07:04 AM
12/15/15 07:04 AM
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Joined: Apr 2010
Posts: 3,290 Near the Trussell
BPS
10 point
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10 point
Joined: Apr 2010
Posts: 3,290
Near the Trussell
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100k per couple doing what to want without debt on toys, and a house!!!!???? My wife and I are close to that 100k mark and we have $150K house and no toys, and own both of our cars outright. We live modestly, but still are pay check to pay check. To do what I would want, bigger house, new trucks, tropical vacations, any hunting gear less than 10 years old, buy name brand products, pretty not have to think if I can afford this or not on every purchase. $250K minimum per household easy I would agree that we fit in this income bracket. I don't live pay check to pay check though (dont take that wrong jlbuc10). I keep a some money in savings for the unexpected. However I have to live like I'm paycheck to paycheck because if I don't then it wouldn't take long and I would be. I'd love a new truck but can't find a reason to sell a great running 13yr old truck that's been paid for for a long time and have to start making insane monthly payments for a new one. I spend money on my lease but other than that my gear is 5-7yrs old. With 2 kids, a mortgage and normal utilities, insurance etc it's pretty hard to live a lavish lifestyle making less than $100k combined. We don't struggle but there are definitely a lot of "wants" that just aren't practical without diving into debt. I learned the hard way. I've been in a decent amount of debt before just to survive, because my pay was commission base and I made 70% of my yearly income 6 months of the year. Changed jobs and dug myself out and hope to never go there again. With that said you can live comfortable in that range but must be disciplined. Having said all this I can't give you the perfect number because I've never been there. I know guys that make 3x what we make and live paycheck to paycheck. It's all about discipline. Good for you for teaching him though.
If your decoy doesnt have holes in it, your not letting him get close enough... J.H.
"Life lessons are almost never found where you think they should be, sometimes they're in the middle of a small, muddy creek in the woods with steep banks"... DeadorAlive
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