<p>I think around $100k.</p>
<p>Whatever. I’m just saying you can make a lot in entertainment without being a famous singer or actor.</p>
<p>You all have to realize that there is almost no way you will make all that money (especially you all who are aspiring to make 900k)</p>
<p>@ Drumwriter22</p>
<p>Don’t worry about it man I do the same thing all the time.</p>
<p>You are good for wanting a good life for your children and lots of family.</p>
<p>A big family beats a big wallet anyday of the week</p>
<p>And I apologize for wording it badly . I really did word it badly now that I think about it.</p>
<p>Haha. Well, over, done with, gone. And I’m not a man, man. :)</p>
<p>Sent from my Vortex using CC App</p>
<p>This thread is ridiculous… After reading through 7 pages or so I don’t feel like reading more of the same thing over and over.</p>
<p>Everyone who says that a person needs X amount of money to live comfortably is wrong. Everyone who says that he/she needs X amount of money to live comfortably is probably right. The world is one of perspective, and all of you bashing the “naive people who couldn’t do with less than 200-300k” should stop telling kids to find perspective and look for some perspective yourselves. If a child lives his whole life with his parents earning, say, 300k, who are using it appropriately (not particularly saving a ton, just enough for necessities i.e. retirement, perhaps kids’ college if necessary, etc, but otherwise enjoying the money they have earned with a nice house, car, accessories, and so on), his perspective of the world will be based on what he sees in that 300k family. If in the future he finds himself living with his family on a 70k salary, that is a massive downgrade for him and maybe he can’t handle it. Sure, there may be other people who manage to make do with even less, but they’re the ones who are used to it. They haven’t acclimated to a different culture and they haven’t grown to expect the luxuries that the “spoiled” kid always received; the two are just psychologically different. </p>
<p>And is this a problem - that kids have different perspectives and expectations of life? I don’t think so. Good, wealthy parents can “spoil” their kids, but teach them the values, skills, habits, knowledge, etc that they need to reach the same level, or higher than they themselves did (perhaps there’s exceptions such as millionaires who just got lucky, but I think in general for the families making 200-500k this would probably apply). What else should they do with their money? In fact, if spoiling is accompanied with good parenting it can lead to only another (MAJOR) motivation for their kid to succeed.</p>
<p>Note that I’m not saying that all the people in this thread who claim that it’s “impossible to live on 50k” are right; I’m sure it’s wrong. But I completely understand why they themselves don’t want to be in that position. </p>
<p>So yeah, let the ripping me apart commence… Personally I don’t even know how much my parents make, and many of you would probably consider me “spoiled.” Nor do I fully comprehend what it means to make 50k, or 200k, or 500k, so really most of this post is a mere impulse I had based on a relative idea that may not be applicable to the arguments within this thread.</p>
<p>@ Drumwriter22</p>
<p>Oh,</p>
<p>My bad, girl XD</p>
<p>You know, your income is worth more than you can “buy” with it…</p>
<p>I can agree that “living comfortably” is different for everyone, we all have different definitions of it. But if you we want to be realistic here, the whole “250k+” talk has to go. Sure people can make that much, but how many people do? They are very educated and in a high paying field such as a surgeon. So for all of you out there who aren’t going to become a brain surgeon, president, or something of that level, rethink your probable salary. And back to the original post, 50-60k for one person is very realistic.</p>
<p>Honestly? You’re on a website where the average self-reported ACT is probably 31-32. The average person on this website is in the 97th percentile. This is a group of successful people who love to project themselves. Nobody on this website is working as hard as they do to earn 30k annually at a menial job. That’s not being pretentious, that’s being honest. There are people on this site who would jump off a bridge before living that way (and I’m not even kidding). When it comes to CC, of all places, you should know that if the average person can do it, it’s not good enough…</p>
<p>I think the point of contention is the word “comfortably.” There are large extremes in this topic because people have grown up in different socioeconomic circumstances, but also because there is flexibility in how people would define “living comfortably.”</p>
<p>For me, living comfortably is middle class: being able to own a decent house and car, paying off your debts at a stable rate, having the ability to respond without too much of a problem to unexpected expenses, being able to take the occasional vacation, and (if you have kids) being able to support a family.</p>
<p>The “ideal salary” obviously depends on what you are projecting for a cost of living, so someone who wants to live in Manhattan would probably require more to “live comfortably” than someone in Wyoming. Size of family would also be a significant factor.</p>
<p>People with a similar definition based on financial security rather than lavishness would find someone who needs $300K to “live comfortably” on their own a little repulsive. That’s a lot of money… my family of 5 lives very comfortably on less than $200K. We aren’t completely unconcerned about money, but when something pops up like a car needing a repair, we can afford to get it fixed without stretching. I don’t need to make as much as my parents, even though I am more academically qualified.</p>
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<p>A lot of people do. 250k still leaves 4% of America or 12 MILLION PEOPLE above you. The top one percent makes over 1mil/person and that’s 3 MILLION people. The top .1% of America does 20mil a year, and hey, that’s still 300,000 people. This is a very rich, very unfair country.</p>
<p>And less than 300 million people make less than 250k. The majority of the people who make 250k are doctors, lawyers, and business people. Multi-millionaires are top recording artists, top athletes, top actors, business people and top fashion models. The lucky few who make over 100 million are top people in the entertainment field, CEO’s, and pretty much anyone in the public eye. A billion is way too much, what can you do with all that money? Infact anything above 500k is way too much to live on. </p>
<p>Anything above 250k is not a comfortable lifestyle in the sense, but a life of decadence and luxury.</p>
<p>Id say 125k would be enough to live comfortably for me. </p>
<p>Sent from my iPhone 4 using CC app</p>
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<p>Given the great wealth of the top 1% of America, which is 3 million people, it becomes clear that athletes/artists/actors/models are almost irrelevant in the grand scheme of things. There are at most 50,000 rich entertainers and athletes, and that’s probably a huge over estimation. So the other 2,950,000 rich people(98% of rich people) are professionals or heirs.</p>
<p>You’re welcome to shoot as high as you want. Still, saying that it would take that much to live comfortably is something most people simply cannot fathom. If I made $300k as a single dude, I’d probably blow a grand a week paying grad students to fight each other.</p>
<p>^ LOL</p>
<p>I’d buy expensive electronics and just lay them on the sidewalks for people to pick up.</p>
<p>Also keep in mind, the more money you have the more power you have.</p>
<p>Some want large amounts of money to do the right thing.</p>
<p>Like warren Buffet.</p>
<p>Remember, it is not the government who runs your country, but the almighty dollar.</p>
<p>It would depend on where I was living.</p>
<p>The large numbers being thrown about are both astoundingly funny and quite worrisome.</p>
<p>As for me… I’ll be living a life of voluntary poverty.</p>
<p>
1.) The amount of charitable benefit that can be derived from a donated fortune cannot offset the economic oppression crucial to generating such a fortune, no matter how much of it he donates.</p>
<p>2.) Warren Buffet is an ass who disowned and disinherited his granddaughter for being interviewed in a film about the super-wealthy.</p>
<p>3.) He is still living a super-rich lifestyle. He doesn’t want large amounts of money just to “do the right thing,” he wants large amounts of money, and he’s giving some away to charity while he’s at it. Because really, once you’re a billionaire, there’s little difference in the quality of life between 1 billion and 40 billion.</p>