Asked By: Neil Morris Date: created: Aug 22 2022

Is 30K a good salary for one person

Answered By: Geoffrey Green Date: created: Aug 25 2022

Sure it is in most of the country.

You would need an income of about $35,000 to be left with $30,000 to live on.

One person can do very well on that amount.

It is far more than you need for food and water, if you avoid debt and don’t buy a lot of crap that eats money (pay TV, motorized toys, …)..

Asked By: Gabriel Allen Date: created: Nov 07 2022

Is making 50k a year good

Answered By: Patrick Morgan Date: created: Nov 09 2022

As you can see, a salary of $50k is considered good money. However, there is ample room for improvement if you want to improve your situation. The average household income is approximately $63k. Therefore, a salary of $50k is considered below average.

Asked By: Tyler Rogers Date: created: Mar 24 2023

Is 30k a good salary for a 25 year old

Answered By: Jake Kelly Date: created: Mar 26 2023

30k for a 25 year old is an excellent salary, remember that most ‘normal’ working people wont earn 30k in there life.

Asked By: Jack Long Date: created: Mar 19 2022

How do you manage a 50k salary

Answered By: Jacob Butler Date: created: Mar 20 2022

But the places where you should invest are:Insurance Plan: Term Insurance Plan for a cover of Rs 50 lakh or Rs 1 crore.Medical Insurance: Take a medical insurance plan for the family. It is very important for meeting contingency.SIP: Make a designated fund that can be allocated to SIP Mutual Funds.Mar 17, 2019

Asked By: Bryan Williams Date: created: Feb 28 2022

Is $15 an hour a living wage

Answered By: Gabriel Jones Date: created: Feb 28 2022

A $15 hourly pay scale would more than double the current $7.25 federal minimum wage. It still wouldn’t offer a living wage to low-paid single adults and families in many areas, according to a CNBC analysis of state cost-of-living data.

Asked By: Rodrigo Miller Date: created: Jan 27 2022

Can a single person live on 30000 a year

Answered By: Martin Richardson Date: created: Jan 28 2022

$30,000 a year is good for a single person, but it might be a stretch for a family unless it is one of multiple income streams. However, it can work depending on where you live and how you budget. … If you need to survive on $30,000 a year, it may be accomplished through budgeting and reducing your expenses.

Asked By: Alfred Wilson Date: created: Oct 21 2022

How much does a single person need to live comfortably

Answered By: Ralph Perez Date: created: Oct 21 2022

This popular general budgeting rule allocates 50% of annual income to necessities like housing, 30% to discretionary expenses like travel, and the remaining 20% to savings. The median necessary living wage across the entire US is $67,690.

Asked By: Juan Smith Date: created: Apr 04 2022

Is 35000 a good salary

Answered By: Hugh Rogers Date: created: Apr 06 2022

£35k is quite a high salary. … Yes thats an average salary even slightly above average. It might be a bit tight if you get a flat of your own but should be still doable.

Asked By: Aidan Butler Date: created: Mar 10 2023

Is 30k a year middle class

Answered By: Caleb Young Date: created: Mar 12 2023

Statisticians say middle class is a household income between $25,000 and $100,000 a year. Anything above $100,000 is deemed “upper middle class”. … Whether you make $30,000 a year or $250,000 a year, I venture to guess the majority will consider ourselves middle class.

Asked By: Daniel Perry Date: created: Mar 23 2022

Where can I live for $1000 a month

Answered By: Jeffery Hernandez Date: created: Mar 23 2022

Guy who’s been to 135 countries shares 9 where you can live well for $1000 a monthBruce Northam is what you might call well-traveled. … Bolivia. … Fiji. … Grenada. … Laos. … Montenegro. … Nepal. … Nicaragua.More items…•Apr 6, 2017

Asked By: Connor Thomas Date: created: Jan 31 2022

Is 50k a good salary for a single person

Answered By: Juan Butler Date: created: Feb 03 2022

If you’re single, $50,000 is a pretty healthy salary in some parts of the country. On the other hand, if you’re the sole breadwinner in a family of five, you may have a hard time on $50,000 annually. Either way, if $50,000 is where your salary stands, it pays to make the most of it.

Asked By: Christopher Diaz Date: created: Jul 14 2022

Can you survive on 40k a year

Answered By: Gerld Adams Date: created: Jul 16 2022

It is definitely enough money to live on, and to live pretty well on, but you can’t go crazy and buy a bunch of luxuries. You will definitely be able to pay off $23k in student loans. I paid off $20k in student loans on that salary in 2 years. … $40k is a good salary for a single individual.

Asked By: Fred Wright Date: created: Feb 09 2022

Is 25k a year good for a single person

Answered By: Jason Martin Date: created: Feb 12 2022

$25k at at age 21 is a barely adequate income for a non-college-educated single person in a low cost part of the country, say on the outskirts of a Texas city or some small city in Florida. It’s really a miserable salary that’s barely above minimum wage.

Asked By: Eric Russell Date: created: Mar 24 2022

How can I save my salary on 20000

Answered By: Matthew Clark Date: created: Mar 27 2022

Tips To Save Money With 20000 SalaryClear Debts With High-Interest Rates.See Where You Can Cut Expenses.Open A Recurring Deposit.Do Grocery Shopping In Bulk.Prepare Your Budget Wisely.Look For Extra Income.Shop On The First Day Of Sale.Use Your Bank’s Online Facility.More items…•Dec 7, 2020

Asked By: Kevin Washington Date: created: Mar 17 2023

How do you manage a 25k salary

Answered By: Luke Kelly Date: created: Mar 18 2023

So, be prepared, think wise, invest wisely.PRE-PLANNING: If you want to buy a car 2 years from now, the best is to keep money in RDs/FDs and use it in the short term. … AVAIL THE HABIT OF SAVING: If your salary is 25k, just train your mind that you will be getting only 19k salary for a month. … EMI’s :Jan 27, 2020

Asked By: Sean Rodriguez Date: created: Mar 23 2022

Can you live on your own making 30K

Answered By: Adam Nelson Date: created: Mar 26 2022

if your 30k is before taxes, youre looking at roughly 1800-1900 a month. it really depends on where you live in cali but yes you can live on your own. The biggest thing is you have to budget you money well. most financial advisors would suggest your rent be no higher than 50% of your monthly income.

Asked By: Jason Ramirez Date: created: Jan 07 2022

How do I survive a 30K salary

Answered By: Adam Robinson Date: created: Jan 08 2022

How To Survive On A 30K Salary1.Live within your means. Most of us have thrown the living within your means idea to the dogs. … Budget for everything. I know most of us don’t consider budgeting as something so important especially when you are not making six figures. … Save before you spend. … Start a side hustle.May 5, 2017

Asked By: Seth Jones Date: created: Oct 30 2022

How long can you live on $30 000

Answered By: Keith Carter Date: created: Nov 02 2022

4% InterestMonthly SpendingRuns out in$240/mo13.6 years$300/mo10.2 years$360/mo8.2 years$420/mo6.9 years20 more rows

Asked By: Joshua Davis Date: created: Aug 15 2022

Is 40K a good salary UK 2020

Answered By: Keith Evans Date: created: Aug 16 2022

The average income for a British family with two adults working is £40,000 a year. But while there are people who feel well-off living on this, for others it is a daily struggle. … They own a £300,000 detached house, and say they feel “comfortable and stable” living on a combined income of £40,000.

Asked By: Oswald Ross Date: created: Aug 19 2022

Can I afford a house on 40K a year

Answered By: Hugh Griffin Date: created: Aug 19 2022

Take a homebuyer who makes $40,000 a year. The maximum amount for monthly mortgage-related payments at 28% of gross income is $933. ($40,000 times 0.28 equals $11,200, and $11,200 divided by 12 months equals $933.33.)

Asked By: Christopher Watson Date: created: Jan 07 2023

Is 40K a good salary UK

Answered By: Jordan Wilson Date: created: Jan 07 2023

40K is definitely good enough to support yourself, live relatively comfortably. The tax will take quite a good percentage off that which is quite a pain. I guess it won’t be enough to support a family very well if you live in the central London area, or higher investments like buying a house.

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