START A PETITION 27,000,000 members: the world's largest community for good
START A PETITION
x
Group Discussions
Can you live on 40K per year?
4 years ago

I definitely could and actually consider myself very well off.

4 years ago

My husband and I are living on less than that now that I am retired and just a bit more than that when I was working full time (he is on disability Social Security only--no pension).

Easily
4 years ago

I haven't yet read the piece (I will!) but I know for a fact that that would be very easy for me - I have lived on a lot less for ages. As a young man, I earned about that in the early 1980s(equivalent) and squandered the lot.
Nick
www.sirisuk.org

4 years ago

I agree, Nick...I've never made more than that in all my (nearly) 42 years...and I've managed to survive thus far.

4 years ago

Yes!  And I wonder how much money people (and nations) could save if development of good mass transit makes car ownership unnecessary.

4 years ago

Had to use the currency converter first to find out. I don't have much more than that and have had less so the answer is yes. The costs of living here is high though, so it's not necessarily easy. It goes though. If your demands are not so high. And mine aren't.

4 years ago

Yes! That translates to a little under $41 000 CAD, and I've made less than that for most of my life. I really feel that I could still cut back on expenses and get some real savings happening, but I've always managed to live comfortably.

4 years ago

I can survive on less then 40000 a year, I have for years. I think everyone could as long as they stick to a budget, but to many people nowadays  need brand name everything. Or buy say a new tv and tire of it 2 months later and go out and buy a new one.

less than $40,000
4 years ago

I do now although I confess I wouldn't mind having more. I confess I am not the best person with money and have done stupid things. Part of the reason I'd like to make more is I get so many requests for animals in need and I want to help all of them not to mention the environmental groups. i end up with mail sitting on my counter and other places because I want to give and can not so I hold onto them. Eventually another request comes. My house needs work too. Yes, I am fine yet I think of Tevye in Fiddler on the Roof; it's no great crime to be poor but a little more wouldn't hurt either (even though I'm not poor) .

Less than $40,000
4 years ago

Actually, less than $25,000. I am retired, so don't have to worry about what to wear (mostly t-shirts and jeans now). It's not easy, but I don't have the expense of a car. I take public transportation. I live in a small, one-bedoom apartment. I am able to save enough to take trips internationally every few years--Tanzania, Peru, Austalia, to name some of them. My health insurance is going up $40 a month starting next year. I'm going to have to cut something, but not travel, which is my passion.

This thread is archived. To reply to it you must re-activate it.