Comments on: $60,000 A Year Is How Much An Hour? And Why It’s Great

By: Shaun Lankton

Shaun Lankton — Thu, 18 Aug 2022 15:51:38 +0000

Very helpful & easy to understand! Thank you!

By: Martina

Martina — Sun, 19 Jun 2022 08:47:43 +0000

In reply to Dawn. Wow, at least you know it's a human writing these posts! Lol. Thank you for catching that, it has been corrected. -Martina

By: Dawn

Dawn — Sat, 18 Jun 2022 13:54:51 +0000

You based your budget off the 65K not the 60K

By: Cheap Charles

Cheap Charles — Sun, 15 May 2022 16:00:18 +0000

In reply to Nicholas Rivera.

@Nicholas Rivera,

I don’t know where you stand now, but it’s certainly possible in most cities.

I met someone recently that never graduated HS making close to 6 figures in HVAC . ( Not a starting salary)

Warren Buffett says ‘The best investment you can make is in yourself. ‘. If you learn skills and abilities that are in demand, someone will pay you if you are willing to work.

By: Cheap Charles

Cheap Charles — Sun, 15 May 2022 15:54:56 +0000

As someone who’s saved 50-75% of their pay at times, I would agree that some of these numbers are fairly unrealistic. Most notably $150 for groceries. $5 per day? That would be tough even as an extreme shopper and that’s an unproductive activity.

Car payment of $200 is never going to happen for most people, however it is possible to keep avg auto exp in thàt range by purchasing an older car with low miles. (I always pay cash )

Overall this is a good article. While some readers will use these extreme disparities as a reason to dismiss the author, that says more about the reader than the author. (Self-selection biasis cause us to seek out information that confirm what we already believe. So someone that spends $100 per month on their cell phone bill will see that as ‘the only way’ because who can survive with a cell phone that doesn’t have the highest data plan? Surely it isn’t possible to get talk in most major cities for just $5-10 per month? Or even ‘unlimited data for $25 per month? Tello / visible.)

By: Martina

Martina — Wed, 23 Mar 2022 12:17:17 +0000

In reply to Chris Sorrells. I agree! The cost of everything is rising a lot.

By: Chris Sorrells

Chris Sorrells — Thu, 10 Mar 2022 15:27:11 +0000

Try $90 a week in gas at $360 a month or $4320 a year. FURTHERMORE, the US government over taxes us to the point where $80k is more of a median. The price of everything is way too high!

By: Doug

Doug — Sat, 18 Dec 2021 03:30:00 +0000

Martina, we live in the Central Coast area of California. We moved here about 7 years ago from LA. I appreciate your efforts to lay all this information out. It’s helpful and useful. For the past several years, my salary has been exactly $60,000. Luckily, I get to work from home, driving once a month to LA for a day or two, which is reimbursed by my company. We’re able to save money every month, despite a mortgage and property taxes. We are disciplined but not fanatical about our spending and lifestyle, and we’re happy with our freedom and flexibility.

You’re correct to point out that each individual case is different. You’re also correct to say that living a good life is possible here in California. Some folks’ circumstances make that difficult or impossible to achieve, but we feel blessed to be here. We donate regularly to nonprofit groups that stand ready to help those needing shelter, food, and care—even to agencies that help people get control of their finances. We believe that blessings need to be shared, and, even at $60,000 a year, our circumstances make that possible.

Keep up the good work!

By: Martina

Martina — Sat, 30 Oct 2021 12:42:13 +0000

In reply to Susie. Hi Susie. I appreciate your kind words. Thank you for the support!

By: Susie

Susie — Sat, 30 Oct 2021 06:15:36 +0000

Hi Martina,

I just wanted to thank you for laying this all out. I was trying to figure out how 60k breaks down per week/biweekly/monthly and you made it super simple for me! Sorry there are such negative Nancies out there… I think you’re offering a lovely service. Keep up the good work! ( :