Do you think 3400 a month net is good money

yusuo

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Is this like a brag thread, one would know that what they make is either enough or not enough by the life style they lead from it and how comfortable they are financially

The whole thread feels a bit douchy
 

deltamind

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Good to see someone working hard and getting that much money, if you don't have a lot of expenses then this is a lot, that will certainly depend on you though.
 

Ronhero

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I take home about $4,600 every month but my rent is $2,000 gas is almost $4 a gallon, I have a wife who is a stay at home mom and my daughter maxes out my medical copays at $1,500 a year. Water gas electric and sewer is about $200. Tv and internet is $0.15 every month. Cell phone for two lines is $80. So it adds up fast.

I also contribute about 10% to my 401k, taxes for state and fed are about 36%, medical is about $360 a month. I live cheap but still need to budget to stay on track.

The end of the month i usually put $200 into my savings and $100 is my entertainment which is equal to one family outing a month.
 

linuxares

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I got roughly the same before my taxes have been taken off. Then again we live on different sides of the pond.
 

Youkai

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I take home about $4,600 every month but my rent is $2,000 gas is almost $4 a gallon, I have a wife who is a stay at home mom and my daughter maxes out my medical copays at $1,500 a year. Water gas electric and sewer is about $200. Tv and internet is $0.15 every month. Cell phone for two lines is $80. So it adds up fast.

I also contribute about 10% to my 401k, taxes for state and fed are about 36%, medical is about $360 a month. I live cheap but still need to budget to stay on track.

The end of the month i usually put $200 into my savings and $100 is my entertainment which is equal to one family outing a month.


why do you need a place for 2000 a month oO
I know in some big cities this is usual if you need more than 50m² but damn 2k...
I'd probably never pay more than 1k, best solution is get a place a little bit out of town and you pay only half xD


here in Germany they take a maximum of 47% tax plus 19% consumers tax when you buy stuff so together it is about 66% you have to give away ;(

at least for a few month now I only had to pay tax in japan which is maximum of 20% plus 8% consumers tax XD
 

Ronhero

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why do you need a place for 2000 a month oO
I know in some big cities this is usual if you need more than 50m² but damn 2k...
I'd probably never pay more than 1k, best solution is get a place a little bit out of town and you pay only half xD


here in Germany they take a maximum of 47% tax plus 19% consumers tax when you buy stuff so together it is about 66% you have to give away ;(

at least for a few month now I only had to pay tax in japan which is maximum of 20% plus 8% consumers tax XD

Its a two beedroom 890 sqr foot apartment. I would need to go about 200 miles from town for it to be any cheaper. I already live 30 miles outside of town. Los Angles is expensive
 

CJL18

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This wasn't a brag topic I was just wondering considering I'm 31 and feel like i should be making more money than This, but I never got a degree so I guess it's okay.
 

Kioku

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This wasn't a brag topic I was just wondering considering I'm 31 and feel like i should be making more money than This, but I never got a degree so I guess it's okay.

I'm a shop hand for an Oilfield Service Company. I make $19/hour, with full benefits and overtime if needed. On call pay as well. It seriously depends on where you're living. My paycheck is enough to suffice if I were single and had no bills. Got a mortgage payment, two car payments, credit cards (gonna kill em, I swear...) and utilities. Living paycheck to paycheck. We don't know what your living conditions are, let alone your average cost of living.

It all legitimately varies from location to location. Your paycheck would be insane in a lower cost of living area.
 
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CJL18

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I'm a shop hand for an Oilfield Service Company. I make $19/hour, with full benefits and overtime if needed. On call pay as well. It seriously depends on where you're living. My paycheck is enough to suffice if I were single and had no bills. Got a mortgage payment, two car payments, credit cards (gonna kill em, I swear...) and utilities. Living paycheck to paycheck. We don't know what your living conditions are, let alone your average cost of living.

It all legitimately varies from location to location. Your paycheck would be insane in a lower cost of living area.

I live in Louisiana have my own house car payment im single only support myself
 

Dvdxploitr

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$3,400 a month is not bad....of course, it depends on where you live in the US. In the south, that's really good..but in places like NY. Rent in Manhattan, NY averages around $4500/month. So, you would be considered BROKE there! But in places like Mississippi, Alabama, Tennessee, Arkansas, etc...you'd be able to live relatively decently. Not sure what the point of asking this was unless you got a job offer in another city/state from where you currently live....but, location matters more than anything when it comes to what is considered good pay...I know a guy that lives in San Diego, CA and complains about how much things cost and he is always broke, etc....but he has no reason to stay in California...he doesn't have family there, he doesn't have a job and lives on social security...
 
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JeepX87

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$3,400 is good money and plenty if you live in Atlanta metro, but not SF nor NYC. Of course, real estate went up like crazy.
 

osaka35

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about 52000 a year is good money in most areas. Google median income for your area to really figure it out, but in most places this puts you in middle-upper middle class. You can support a family on this kind of pay.
 

weatMod

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He's using dollars, so OP is in America...or Australia? Living somewhere like California or New York, where rent can be around 1500-2000 a month or so, and groceries and bills and living expenses add up quickly, so it's not like excess money would be falling out of their pockets left and right. But still, 3400 a month is still really good pay, even if OP is in an area with a high cost of living.

LOL , you can't rent a porta potty in NYC for 2k a month
 
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urherenow

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I made about 800$ a month, about 1700$ (after taxes, converted from €) starting July (+ a 13th salary).
Gonna spend about 300$ of that a month moving to and from work (but will eventually get back about 1400$ through tax returns from commuting alone).

And that money is used to finance 4 people and we'll pretty much have more money than we ever had available.
That's in germany btw.

So what you make does sound pretty good. At the very least, nothing to complain about, unless you live in a major city in a penthouse or whatever
wait... you make MORE... AFTER taxes? Where do you live? Alaska?

Is this like a brag thread, {snip}
The whole thread feels a bit douchy
What? How? No post here screams "Mr. Money Bags". How could any of it be considered bragging? Or "douchy"? I took it as a legitimate question, with legitimate answers (that correctly pointed out that much more context is needed to provide adequate response/guidance). Perhaps OP is wondering if a job offer should be accepted, or passed over in search for more pay. I dunno.
 
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