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How much do I have to bring home per month as salary, enough to buy a house and a car?

+3 votes
asked Apr 1, 2015 in Business by Cynthia Doll (850 points)
How much do I have to bring home per month as salary? Enough to buy a house and a car? Is the main question that I want to ask everyone online for me to understand what is the safest point on the money.
If money is not all in life, why many people like me make just close to nothing and with that income amount, I have to pay shelter, insurance for car, life and health, the water, cable, internet access, and the electrical bill. Additional to all of those bills, I also have to bring my child to baby sitter or a daycare, and buy the monthly food.

I you thing that everything finished there, consider it again, because people in the US. also like to have some small breaks with friends out at night or going to places like parks and music concerts events, other wise, they may go crazy.

Anyways, does anybody, knows the exact amount of income necessary to be comfortable at home with a little freedom and peace of mind? I just want to live happy with my kid and a pet dog.

2 Answers

0 votes
answered Apr 2, 2015 by Gino (3,450 points)

If your question is regarding a specific state and a major city, then probable someone could answer your question with a more clear point. However, in general terms families or singles in the United States usually start settling after certain age and saving money for their future.
 Considering that they have a family member holding a home and allowing them to live at their place for a prior of time, meanwhile, this young person can save for their investments in their near future.

How much should a person have to earn and bring home after paying all the bills? Well, it is very relative to what people should buy and not to, base on their income. Example:

If you earn a million dollars a month doing business jobs out there, then probable spending two million dollars and going on default debt is not a great idea. But if we make $1500.00 dollars a month, this means that we should be out of the door with an old car for $5000  pay cash, after saving that particular money, saving also four to six thousand for the down payment of a simple house with the government help and paying 500 to no more of 700 a month on monthly payments.
So, as we can see, making the economics plan and planing your future finance without parties out there with friends etc is a very unique way to get he American dream.
If you earn two thousand a month after taxes, things can go better, if earning three thousand, ever better and the amount is relative to your present and future bills.
Trying to establish yourself on the society with your kid, send them to school, get education for yourself and remain on your job positions till horizons are clear, move on to the next stage on the latter up, a better paid job, save more and establish yourself.

Remember, people only trust on those individuals that have something valuable to show for themselves, they have a tendency to pay more respect. One Hundred American Dollars Bills
The harder thing is to start-up savings, and worse even is to remain rejecting the party and the heavy shopping at the malls and stores.
Anyone can meet the goal of having a place to go and work everyday, opening a bank account and staying away from high interest credit cards or buying expensive and UN-necessary things that suffer a huge devaluation, about losing 50% after the article is taken away from the dealer.
Always buy cheap land, gold and save to earn interest rates and profits.smiley

0 votes
answered May 24, 2015 by Tom (280 points)

It will help a lot to make a decent two to three grant at month, or each twoo weeks.

 But, i guess minimun wadge could be enough for many people.smiley

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3- How much should i pay for a set of car rims of stainless steel and chromed? 4- Can somebody tell me if in Mexico there are people that speak English, i don't know any Spanish language and need to travel for emergency? 5- How much does it cost for a cargo van or truck for me to start my own business as an electrical contractor? 6- What should i buy for young teen boy to study for school subjects, a laptop convertible Dell, A HP, Toshiba or an iPad Tablet the latest? 7- Do people eat three meals of food and loose weight or they shouldn't eat at all? 8 - What it takes to become a success writer and sell e-books digital store of Amazon or E-bay mall? 9 - Who can help me to sell my Ford cargo truck with 50,000 miles and manual transmission? 10- What is the best computer system for editing photography, some people said Photoshop but it is to hard to operate and i want something more simple and easy, can you give opinions?

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