15 ten years ago down south was doable. Now tho, you will just be able to afford rent. And that's only if you're full time. That's the real issue. They're not even giving most of these folks 40 hours a week.
$15.00 an hour isn't a lot of money.
- Thread starter Ethnic Vagina Finder
- Start date
How?..I’m single,no car note, no kids, car insurance $95 a month
I’m looking at Milwaukee, I see places up there for maybe $500-600
- Joined
- Dec 2, 2015
- Messages
- 25,062
- Reputation
- 14,898
- Daps
- 106,450
- Reppin
- Charlotte - Washington D.C.
Is $1500 a month reasonable to live off in the Midwest
Depends where in the midwest...Illinois, absolutely not. Kansas and Missouri, maybe. Colorado, no. Nebraska, maybe.
J.E.T.S
Lookahere mayne...
OneTimeforTheMind
All Star
30-35 he work weeks. I deal with it all the time.
- Joined
- Dec 2, 2015
- Messages
- 25,062
- Reputation
- 14,898
- Daps
- 106,450
- Reppin
- Charlotte - Washington D.C.
J.E.T.S
Lookahere mayne...
I'd quit
OneTimeforTheMind
All Star
Yeah after finding another job first.
Dafunkdoc_Unlimited
Theological Noncognitivist Since Birth
- Joined
- Jul 25, 2012
- Messages
- 45,063
- Reputation
- 8,154
- Daps
- 122,280
- Reppin
- The Wrong Side of the Tracks
No, you're NOT 'poor' since you're still not considering the fact that you're receiving about $2,000/mo. after taxes.
Half of that is rent + car + insurance for our example. Taking the other bills into consideration, that still leaves you with about $300-400/mo. in EXTRA money to do with as you please each month. Once your priorities are accounted for, whatever they are, you're still able to live well above the poverty level as a SINGLE person barring things such as child support, fines, etc.
Also, Car + insurance + 401K are NOT 'necessary'. They may be for you, but your experience is not universal. Neither is mine. You can't budget for EVERYTHING, which is what some of you are attempting to do. That's another discussion entirely and would involve so many factors that no amount of money would be deemed 'sufficient' regardless of relationship status.
Half of that is rent + car + insurance for our example. Taking the other bills into consideration, that still leaves you with about $300-400/mo. in EXTRA money to do with as you please each month. Once your priorities are accounted for, whatever they are, you're still able to live well above the poverty level as a SINGLE person barring things such as child support, fines, etc.
Also, Car + insurance + 401K are NOT 'necessary'. They may be for you, but your experience is not universal. Neither is mine. You can't budget for EVERYTHING, which is what some of you are attempting to do. That's another discussion entirely and would involve so many factors that no amount of money would be deemed 'sufficient' regardless of relationship status.
UserNameless
Veteran
It's really, really variable. At least in NC ... it's people here with a fair amount of assets, just travelled abroad, no kids who are eligible. the amount might not be high, but still eligible. damn near just as many "well to do" are abusing this system . Trust.
Bottom line is you can live off 15 with out any support and little to no nest egg in most towns definitely and even near the periphery of some sizable cities not named NYC, LA, CHI and ATL and MIA and HOU and DAL.
But yes, you will struggle... it's not always struggle... and it might not always FEEL like struggle even tho you still kinda are... but you can meet your basic NEEDS. All in all, I still say 15 without some savings/supplemental income, a least one line of credit, partner/relative support in 2017 FEELS like you're poor. Fukked up to say, but it does.
If youre doin 15 just straight up, you really dont need to be in major city. You need to be in a town that's 15mins, 20-30 minutes from the city (as long as your not near one of America's MAJOR metros...(see aforementioned) And you need to have minimal liabilities. No car note and not a lot of additional monthly debt payments.
You should strive for greater than just 15 in 2017 if you want more comfort that involves taking advantage of more "things," and also to better build up your own nest egg.
"They" aren't letting you live a life that includes some consistent amenities and extras off of that unless you're in a smaller town for the most part. And saving will be much tougher.
dterpsss
SOHH OG Class 2004
It's relative, 30 an hr is peanuts as well
If you’re REALLY a good driver and you have a car over 7 years old, just get liability insurance
I drive a 92’ Camry, no way I’m paying for full coverage on a 25 year old car
- Joined
- Dec 2, 2015
- Messages
- 25,062
- Reputation
- 14,898
- Daps
- 106,450
- Reppin
- Charlotte - Washington D.C.
Since when is Colorado the Midwest
Nah but I’m talking bout Milwaukee breh
Milwaukee? How the jobs look up there?
If you’re REALLY a good driver and you have a car over 7 years old, just get liability insurance
I drive a 92’ Camry, no way I’m paying for full coverage on a 25 year old car
I have a '17 Focus and '17 XF...it's the cheapest I could find w/ the necessary coverages.
UserNameless
Veteran
Now two people pooling resources at 15/hr is fine, and it feels kinda comfortable as long as you're below your means a bit.
But not to be alarmist, in 10-15 years, in the city proper and even around the periphery of some sizable cities, a dual income of 15/hr could likely feel like a single income of 15/hr. Shyt is really getting like that.
Yall need to get out here and advocate for livable wages... get involved in civic matters.
Many folks in here poking their chests out humble braggin' under the guise of droppin game (half of yall lying, but anyway), could find themselves getting severely pinched in 10 years if they don't diversify their skill sets, start to bring in supplemental income, invest, contributing more to savings and definitely adjust the means in which theyre living, trimming fat on ya lil budgets.
The gap is REALLY widening. I see it everyday.
Wish the best for all y'all tho.
But not to be alarmist, in 10-15 years, in the city proper and even around the periphery of some sizable cities, a dual income of 15/hr could likely feel like a single income of 15/hr. Shyt is really getting like that.
Yall need to get out here and advocate for livable wages... get involved in civic matters.
Many folks in here poking their chests out humble braggin' under the guise of droppin game (half of yall lying, but anyway), could find themselves getting severely pinched in 10 years if they don't diversify their skill sets, start to bring in supplemental income, invest, contributing more to savings and definitely adjust the means in which theyre living, trimming fat on ya lil budgets.
The gap is REALLY widening. I see it everyday.
Wish the best for all y'all tho.