My family makes $100k plus a year, its not enough!!

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doubledeluxe

Golden Member
Oct 1, 2014
1,074
1
0
Almost nobody is seriously sitting here and thinking about whether they should get a gulf stream or not. At the end of the day 99.99% of people on this planet are dealing with the same shit: Time and Money.

However your list is useful.

When I left CA last time I cut most of those expenses out or substantially dropped them. What the OP simply needs to do is figure out where he can get a job and then compare the cost difference with the pay difference. Some easy examples: Syrius. I had it too since I was in my car so much. Once I left CA that expense was gone. Not that it's a lot but everything really adds up. Transportation costs were practically nill since I made it my mission to live in cities with proper mass transit. When you can eliminate your car payment, fuel costs, and insurance it's a big deal. Overall my insurance costs went down. Housing costs went down dramatically. The most expensive place I lived in Europe was less than the rent on my apt in LA and in South America it's practically free. Utility costs dropped a lot. It's pretty expensive in CA and I often rented in places that had all utilities included in the price. I like long hot showers. I never kept track of my food expenses but what did go down was my eating out expenses. I would often be so tired after work that I would not have the energy to cook. In South America eating out costs nothing so it doesn't matter. My vacation costs mostly decreased since flying to most places from CA is more expensive than say living in awesome hub cities like London, New York, or Frankfurt.

It's worth noting though that I didn't do any of this for cost reasons. I did it for quality of life reasons and because I had a business that went to shit when the economy went sour. I took my money and ran. The idea was simply to leave for the 2 or so years I expected the economy to need to recover but I ended up never going back. Good thing too since there's no way I would be able to do what I did before the economy crashed. Too much risk and not enough reward.

Anyone who feels the same as the OP should take a detailed look at their expenses like you just did. It can be quite telling when you simply cross off a whole bunch of them by moving to different parts of the country or world. It's not just about dollars and sense though. Look at time and look at your overall standard of living. If you don't like 110F weather it makes no sense to live in the Mohave does it? If you like to scuba sive and live in Kansas try applying for a job in Florida. If you like to read live in a city with great libraries. It's not always possible and obviously finding a new job and uprooting is not easy but I found it to be worth it.

Being a computer forum I would suspect that many here are programmers. You guys can get jobs ANYWHERE. You have it good. Someone who is a lawyer on the other hand would have a much harder time. If you're running a dry cleaning business you might have a harder time but if you're unhappy always consider the alternatives.
 

Kaido

Elite Member & Kitchen Overlord
Feb 14, 2004
48,518
5,340
136
$1200/mo for food?

Hah, that's easy to hit, at least for me. Family of 3 & we all have different food allergies. Split 3 ways, $1200 would be $400 each per month, $100 per week, or about $14.29 per day. If you want to eat anything other than homemade food, or if you want to buy a boxed meal or treat to make, you can blow that number super easily. For example, most gluten-free boxes of cookies cost $5 to $7 each, and even the boxed mixes are expensive.

But really it's the same for anything, unless you're not eating very healthy. My bodybuilding diet has gotten pretty expensive at times, especially when I don't buy in bulk. Tuna alone is like $100 a month if I eat a little $3 can every day, and that's only one meal out of six! Throw in chicken breast, turkey, lean beef, veggies...it really adds up quick!
 

rednas

Senior member
May 26, 2010
298
0
76
Anyone who feels the same as the OP should take a detailed look at their expenses like you just did. It can be quite telling when you simply cross off a whole bunch of them by moving to different parts of the country or world. It's not just about dollars and sense though. Look at time and look at your overall standard of living. If you don't like 110F weather it makes no sense to live in the Mohave does it? If you like to scuba sive and live in Kansas try applying for a job in Florida. If you like to read live in a city with great libraries. It's not always possible and obviously finding a new job and uprooting is not easy but I found it to be worth it.


I could not agree any more with this. This country is GIGANTIC if you dont think so take a cross country drive and see for yourself. Every place in this country has something different to offer and one is selling oneself short for limiting oneself to only living where you have always lived just because its all you know and are unwilling to leave that comfort zone.
 

alkemyst

No Lifer
Feb 13, 2001
83,967
19
81
$1200/mo for food? holy fuck.

Your insurance is surprisingly expensive - if I break down my 6mo and 12mo policies to monthly, it's $84.50 at 50/100/50 for three vehicles. Have you tried other carriers? Geico is super expensive for me - Progressive is cheap.

I'm amazed how much people spend for cable. I despise commercials, though, so I'd much rather pay for Netflix/Prime and watch stuff there. There's stuff I miss, but it's worth it to not spend 20min out of every hour watching commercials (or paying $150/mo to DVR everything).

I have full coverage on my vehicles and live in a no-fault area.

As a cop you probably get a big discount.

I call every renewal, my insurance is cheap here unless I went to a subpar company.

I don't insure myself to fight with my insurer later.

I don't watch cable. The kids like it.

I have older series on Amazon Prime I dedicate about 2-3 hours a week for.
 

Sooon

Member
Oct 3, 2014
72
3
71
Everyone I've met, of all income levels, tend to talk about how they're scraping by. It leads me to the conclusion that people subconsciously adjust their standard of living to their income and by the end of the month, have no money left. Thus reaching the conclusion, "just scraping by". It's uncanny.

Also, some of the people who are doing well don't necessarily feel the need to brag about it to others.
 

jlee

Lifer
Sep 12, 2001
48,513
221
106
I have full coverage on my vehicles and live in a no-fault area.

As a cop you probably get a big discount.

I call every renewal, my insurance is cheap here unless I went to a subpar company.

I don't insure myself to fight with my insurer later.

I don't watch cable. The kids like it.

I have older series on Amazon Prime I dedicate about 2-3 hours a week for.

I've been in IT for years now, bro.
 

jlee

Lifer
Sep 12, 2001
48,513
221
106
former law enforcement counts though. You didn't answer the questions.

Nope, there's no LEO discount for car insurance (at least not with Progressive).

What questions are you talking about?
 

jlee

Lifer
Sep 12, 2001
48,513
221
106
I could not agree any more with this. This country is GIGANTIC if you dont think so take a cross country drive and see for yourself. Every place in this country has something different to offer and one is selling oneself short for limiting oneself to only living where you have always lived just because its all you know and are unwilling to leave that comfort zone.

Yeah, agreed many times over. I left New England for the southwest and couldn't be happier.
 

ussfletcher

Platinum Member
Apr 16, 2005
2,569
2
81
I lived in LA making $39k/yr and I had a nice townhouse/apartment in Glendale with a roommate. Seems like you should be able to manage with 100k.

I say that, but now I make significantly more, but I'm in Baltimore and I feel broke. Actually, my apartment in Baltimore is more expensive than my townhouse in Glendale.
 

arkcom

Golden Member
Mar 25, 2003
1,816
0
76
According to the outgoing Arkansas senator, the average "middle class Arkansan family" makes $200k a year. You must be way below the poverty line.
 

SSSnail

Lifer
Nov 29, 2006
17,461
82
86
As expected, a bunch of people that don't read in this thread, and of course, derailed by our resident me-me-me expert. He said ~$100K for the family, that could be 4 people making $25K/yr. And once you start breaking down transportation cost, etc... for all working persons, then the story is a bit different.

Now, OP, how many that are working in your family?
 

Red Squirrel

No Lifer
May 24, 2003
67,898
12,365
126
www.anyf.ca
One issue these days is costs of living keep going up but salaries arn't. To add insult to injury more jobs are being outsourced, automated or simply eliminated so people are put into a position where they're lucky to even have a job and that is typically the theme if you try to ask for anything like a raise.

I make about $73k/y which is quite a lot but I practically live pay cheque to pay cheque. Ive been living on my own for 5 years now and keep seeing everything going up. The biggest one was in spring they jacked up natural gas by about 75%. My bill went from 100/mo in winter to 170/mo in summer. Hydro keeps going up too, taxes keep going up, water keeps going up, etc.

At some point things are going to get really tight if everything keeps going up like that. Mind you I am paying about $400/mo extra on my mortgage so if things really got bad I could pay less.

Once in a while I do sit down and look at my monthly expenses though to see if I can do anything to minimize them. I recently migrated all my website stuff to a new server as it was better and half the price I was paying for the other one. Going to be saving $50/mo. It's not much but 50 bucks is 50 bucks.
 

Powermoloch

Lifer
Jul 5, 2005
10,085
4
76
hand me over the 100 k a year and I'll show you how to live a good life in a SoCal area. But really dude, I'm a household making in that amount per year (gonna expect to about double when I land a good position). Expenses can be draining if it's spiraled out of control, at least for me I live pretty much a frugal lifestyle but it's a personal choice . One thing I notice about expenses were: stop buying little doo-dads that means diddly squats in terms of value, eat out less, buy in bulk, and cut up your credit cards (which I did 2-3 months ago).


Life is tough? in LA county, time to re-locate!
 

dmcowen674

No Lifer
Oct 13, 1999
54,894
47
91
www.alienbabeltech.com
My family makes $100k plus a year, its not enough!!

So after that catchy headline got some of you in, I wanted to open up a discussion about this.

I live in the Los Angeles area and between us we do make over $100k and it barely feels like we scrap by each month.

Which is frankly ludicrous I know.

If we live in Florida we'd own a home and be living the high life, but SOCAL just seems to suck you dry for everything. Anyone else live here or in expensive parts of the country and experience this bizarre situation and what did you do about it if anything?

1%ers
 

rednas

Senior member
May 26, 2010
298
0
76
hand me over the 100 k a year and I'll show you how to live a good life in a SoCal area. But really dude, I'm a household making in that amount per year (gonna expect to about double when I land a good position). Expenses can be draining if it's spiraled out of control, at least for me I live pretty much a frugal lifestyle but it's a personal choice . One thing I notice about expenses were: stop buying little doo-dads that means diddly squats in terms of value, eat out less, buy in bulk, and cut up your credit cards (which I did 2-3 months ago).


Life is tough? in LA county, time to re-locate!


He did mention that he is unable to move because of the schools his kids are attending which leads me to believe that he lives in a place live in a place more like Irvine and not in Watts. A family making 100K in Watts is doing alright for themselves but a Family making that much in Irvine would have a much harder time.
 

Mai72

Lifer
Sep 12, 2012
11,578
1,741
126
You guys are being played.

This is Mayne. I can feel it in my gut!
 
Last edited:

rednas

Senior member
May 26, 2010
298
0
76
It is possible to raise a faimly in Socal cheaply, my mother was able to raise myself and my 2 brothers never making more than 10 dollars an hour, but many sacrifices will have to made to do so. I am certain that 100% of parents making over 100k would not be willing to live a such a life.
 

Fox5

Diamond Member
Jan 31, 2005
5,957
7
81
California is so freaking expensive that $100k basically is just getting by there. Minimum cost of living salary in the metro area of an expensive city like LA or San Francisco is about $80k for a family. Still, you're doing better than about 75% of the people in the area at $100k and they survive.

If cost of living is your primary concern, you should move. Your kids will adapt. Texas, Atlanta, and certain areas of Florida have fantastic job markets at dirt cheap cost of living.
 

IndyColtsFan

Lifer
Sep 22, 2007
33,656
687
126

The sad thing is that you probably really do think a family income of $100K is 1%er territory. Why do you think this? Because you're dumb.

OP, I haven't read the entire thread but I read the first page and I have to say, those advising you to move are correct. Your kids will get over it. As someone said, it will be rough at first but much better in the long term.
 
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