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You wake up tomorrow and your salary is now $50,000 USD (or converted to your currency) annually. How is your life affected?
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I'd absolutely start looking for a new job, I would have to quit searching for a house since it would be probably impossible where I live to afford one, even if it was a small ass 2 bedroom shack in a shitty town.
I wouldn't be in trouble, but I'd definitely have to re-evaluate different aspects and tighten certain purchases and lifestyle stuff.
I wouldn't be in trouble, but I'd definitely have to re-evaluate different aspects and tighten certain purchases and lifestyle stuff.
I would have a big problem. Would quit the same day and start looking for a new job immediately
Should I have not responded to the thread then? Just responding to the topic.
It's difficult to think about salaries in a vacuum. 50k would be a very comfortable salary in my home town, but literally below the poverty level in San Francisco.
I'd have to move away if my salary dropped that much, and I live in a very modest 1 bedroom apartment.
average internet salary is easily over 100k. I can't remember ever seeing a thread with many people below that.
I'll be fine as my wife by herself makes enough for a family in the Seattle area. Depends on the job I guess. If it's my dream job then my wife will support me financially.
Seattle middle class is around 200k earnings per household, so we'll be right around there.
Seattle middle class is around 200k earnings per household, so we'll be right around there.
Russia. Our average salary is $690 per month but in reality it's $250-$400 for most people.
The highest county tax rate in Maryland, plus Federal, Maryland state, Social Security and Medicare taxes would actually put you at $38,160 net if you made $50,000 gross.
Depends on Job... being a gaming forum, there are a lot of tech people and the big tech companies pay really really well for the engineers
I probably make 44k yearly now and this wouldn't be an all out game changer living in NY especially, but a big deal in helping me pay off current debts sooner, afford an upcoming wedding, and move. Just barely scraping up money for those goals right now.
Hmm...
I live fiscally conservative and work 81 hours per week so I'd bank most of it. I use 15k to secure three years of rent and relocate somewhere frugal like a suburb near Seattle, Portland, or Houston to find a better career while keeping my apartment as a fall back option.
Ive had $14,000 cash in my hands and not changed so 50 isn't turning me into a super jerk. I'd chill even more and buy 50% of a small dispensary.
I live fiscally conservative and work 81 hours per week so I'd bank most of it. I use 15k to secure three years of rent and relocate somewhere frugal like a suburb near Seattle, Portland, or Houston to find a better career while keeping my apartment as a fall back option.
Ive had $14,000 cash in my hands and not changed so 50 isn't turning me into a super jerk. I'd chill even more and buy 50% of a small dispensary.
I think that's about average wage here in London?
But I have never earned anywhere near average wage, so that would be a nice increase for me.
I think that is good amount to live a reasonable life.
But I have never earned anywhere near average wage, so that would be a nice increase for me.
I think that is good amount to live a reasonable life.
I live frugally (but well) and manage save £450 a month on half of that, so £50k would just mean more would go into my savings.
My fiancee though would be over the moon as it would all be going into the wedding and would allow for some pretty extravagant stuff.
My fiancee though would be over the moon as it would all be going into the wedding and would allow for some pretty extravagant stuff.
I would have to severely cut back on my saving habits. My spending habits wouldn't really change, I live super frugally. Well, I'd look to downsize on top of frugal spending.
Negatively. I'd be fucked. Would have to sell my home and probably downsize to a 1 bedroom apartment and get super serious about budgeting for my family.
edit: assuming this isn't some theoretical cap on my earnings forever, then I would simply quit my job immediately and go find another one that wouldn't cause me to sacrifice so much.
It says converted, so that would be like 41,000 GBP.
edit: assuming this isn't some theoretical cap on my earnings forever, then I would simply quit my job immediately and go find another one that wouldn't cause me to sacrifice so much.
It says converted, so that would be like 41,000 GBP.
That's significantly more than double what me and my wife have to live off. That sort of money would literally be life changing and I'd genuinely feel rich as fuck.
I would have more money that I'd ever expect to make in my life and can move out of this shitty house