How much income do you make in a year?

[Threetrees]

Some of y’all out here balling

throw a little of that change to ya boy

 

[Otto!]

Debt free is Key to freedom. Its a simple concept that so many do not understand. I live in a high tax expensive area. When I retire I will downsize and go with a lower cost of living to stretch out my retirement years.
A few other concepts:
1. Until your house is paid off, it's the banks, not yours.
2. Cars are a depreciating asset. A huge car payment is nonsense. A huge car payment when you do not own a home or live with your parents is moronic.
3. Budgeting is not only smart, it's necessary.
4. Taxes are money that is thrown away. You get no ROI. If you live in a place that you paid top dollar for with little chance of appreciation, and your taxes are exorbitant, you are better off renting.

I agree with every points. In my working years, we always made a point of taking care of debt first. Whenever I got a lump sum like a tax return, I would put it on the mortgage or car loan.

Moving to the countryside when I retired was great financially, even if that was not the main motivation. I just never liked city living.

 

[j123]

My tax attorney has advised me to remain silent.

I am Aerius' tax attorney. I retract my previous statement, and you should disclose the deets here. It is safe, no one here is a bad person

 

[Cpt Migraine]

Id like to know the age ranges of some of these assuming this is a younger crowd forum. Also if you re an employee or entrepreneur and what stage of entrepreneurship. Even the field you all work in. Theres jobs out there people arent even aware of or the opportunities out there especially the 200k up crowd. Im glad we are discussing this it shows where we are at financially and the potential we can go compared to others. We all have to work.

Like contempt said..

We're old.. if you search there are a couple of polls and i think it landed us in the mid 30's with atleast a couple of retired guys.. one og said he met a chick at a wedding in the 60's..

 

[FyrFytr998]

Between 90-105k working a small OT load. If I increased the amount of OT I could easily go last $120k, but I prefer being home with my family.

 

[SugarKrok]

I’m assuming the poll is before taxes, since the difference per province would skew the results. Still, I find that the Canadian median household income looks low…, bloody taxes. Without factoring in taxes, it’s not that unusual to make over 70k a year in many provinces.

Basically half of job that requires a degree, 2nd level management, or skilled tradesmen will pay you around $40 an hour here, which is 70k ish. This was in line with the cost of living here, but is rapidly changing with the price of housing and everything else going up. The median Canadian household income is a reflection of that. I’m Canada 15% of the population makes six figures, which sounds impressive, but essentially any Stem filed with experience nets this a few years out of school. I forget what my overall point is beyond saying I don’t feel as shitty about not making six figures as I use to knowing if my hiring track had gone as it should that I’d have been right there myself. C’est la vie.

Also MMA hardcore will trend either richer or poorer than the average person. So it’s no surprise sherdogger dare making bank.

 

[Cpt Migraine]

Also MMA hardcore will trend either richer or poorer than the average person. So it’s no surprise sherdogger dare making bank.

The first to mention it but very true..

 

[boingyman]

Debt free is Key to freedom. Its a simple concept that so many do not understand. I live in a high tax expensive area. When I retire I will downsize and go with a lower cost of living to stretch out my retirement years.
A few other concepts:
1. Until your house is paid off, it's the banks, not yours.
2. Cars are a depreciating asset. A huge car payment is nonsense. A huge car payment when you do not own a home or live with your parents is moronic.
3. Budgeting is not only smart, it's necessary.
4. Taxes are money that is thrown away. You get no ROI. If you live in a place that you paid top dollar for with little chance of appreciation, and your taxes are exorbitant, you are better off renting.

Being debt free is only the beginning of financial freedom. There are also many nuances to the term debt and often necessary or a blessing in order to build wealth and/or own your home. True financial independence is when you can CHOOSE not to work and still continue a reasonable lifestyle. I do agree with some of your other points although it's a stretch to say your house isn't yours until it's paid off. The equity still belongs to the owner. Even if paid off you still have to pay property tax (not including those that are exempt) so with that type of mindset you really never own the property you live in...

 

[aerius]

I am Aerius' tax attorney. I retract my previous statement, and you should disclose the deets here. It is safe, no one here is a bad person

Well, if you're doing what I'm paying you to do, I'm making the basic exemption wage.

 

[Grassshoppa]

Over 305, base salary high 200s, bonus at 15%, and I Airbnb my beach house at 800/night peak season 400/night off peak, which brings in a lot of money. My wife pulls in another 100+ from her job and selling houses on referral. We live in Boston where everything for sale is over 500k within a 20 mile radius so a few sales a year is solid commission for part time work.

What do you do?

 

[Two Crows]

Median Household USA 2020, all earners combined = $68k
Household Income = or > $200k = 90th percentile
The most common Household income bracket in the U.S. is $50-$75k (1 in 6 Households)

Median Individual Salary = $35k

2020 is the first year in a decade the Real Household Income has fallen.

Tons of data available by race, education, & age this year.

 

[cmw43]

About 110,000 US allowing for overtime etc.

No allowance for perks of job , free travel for my immediate family, often leave work a couple of hours early.

That's a nice salary for the UK, that's about what me and my girlfriend make combined and I thought we had decent wages.

You down south?

 

[William Huggins]

That's a nice salary for the UK, that's about what me and my girlfriend make combined and I thought we had decent wages.

You down south?

He's a goat herder for TFL............

 

[William Huggins]

Of course I earn over 305k Zimbabwean dollars.............

 

[IIIIIIII]

i'm in the six-figures, but not over 200k.

 

[StoneColdSteveAustin]

Debt free is Key to freedom. Its a simple concept that so many do not understand. I live in a high tax expensive area. When I retire I will downsize and go with a lower cost of living to stretch out my retirement years.
A few other concepts:
1. Until your house is paid off, it's the banks, not yours.
2. Cars are a depreciating asset. A huge car payment is nonsense. A huge car payment when you do not own a home or live with your parents is moronic.
3. Budgeting is not only smart, it's necessary.
4. Taxes are money that is thrown away. You get no ROI. If you live in a place that you paid top dollar for with little chance of appreciation, and your taxes are exorbitant, you are better off renting.

yeah man taxes don’t get you anything. What a completely dumb thing to say.

 

[RandyCouture>U]

40k. Contemplating getting a weekend job but fuck do I like my weekends off to relax.

My job froze raises for awhile. If they try the "we are financial hurting so we have to freeze them again" I'll probably start looking elsewhere

 

[Ezekiel 25:17]

Your name will not be shown. This is a private voting.

Mine changes year by year as im self employed. Last year i made 96k, this past year im at 128k. Honestly though, where I live, 6 figures is almost necessary to own a home and live comfortably.

 

[Tone C]

That's a nice salary for the UK, that's about what me and my girlfriend make combined and I thought we had decent wages.

You down south?

Yea, I'm a softy. That's with working roughly 3 days overtime every 4 weeks . No idea how long the overtime will be there for .

What do you/gf do for a living then?

 

[Tone C]

He's a goat herder for TFL............

Substitute shagger for herder...