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Old 01-06-2011, 12:53 AM   #796
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Re: Does earning $65k per year mean you're poor?

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Cut your spending and pay off that debt.
Get outta here with your retarded advice..wtf?
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Old 01-06-2011, 06:19 PM   #797
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Re: Does earning $65k per year mean you're poor?

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My net pay, (every 2 weeks) after federal, state, AND city taxes (plus FICA, etc.) are deducted amounts to $1,850, or $3,700 monthly.
somewhat grunching, but this is the crux of the whole matter. you dont make $65k a year. calling your pretax amount of earnings your income is just silly unless an accountant asked you how much you make. otherwise, the only relevant # is how much of your income you have to spend.

you bring in roughly $44k a year. and yes, thats kinda poor for NY.
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Old 01-07-2011, 01:27 AM   #798
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Re: Does earning $65k per year mean you're poor?

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Originally Posted by Dying Actors View Post
somewhat grunching, but this is the crux of the whole matter. you dont make $65k a year. calling your pretax amount of earnings your income is just silly unless an accountant asked you how much you make. otherwise, the only relevant # is how much of your income you have to spend.

you bring in roughly $44k a year. and yes, thats kinda poor for NY.
Pretty much every person I can think of refers to their gross income when talking about what wage they make.

Taken from Wiki;
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New York City's per capita income in 2000 was $22,402; men and women had a median income of $37,435 and $32,949 respectively. 21.2% of the population and 18.5% of families had incomes below the federal poverty line; 30.0% of this group were under the age of 18 and 17.8% were 65 and older.
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Old 01-07-2011, 02:23 AM   #799
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Re: Does earning $65k per year mean you're poor?

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Originally Posted by Dying Actors View Post
somewhat grunching, but this is the crux of the whole matter. you dont make $65k a year. calling your pretax amount of earnings your income is just silly unless an accountant asked you how much you make. otherwise, the only relevant # is how much of your income you have to spend.

you bring in roughly $44k a year. and yes, thats kinda poor for NY.
It is kind of poor if you choose to live by middle class standards, otherwise 65K is plenty to get by.
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Old 01-07-2011, 10:40 AM   #800
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Re: Does earning $65k per year mean you're poor?

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Pretty much every person I can think of refers to their gross income when talking about what wage they make.
This.
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Old 01-07-2011, 01:31 PM   #801
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Re: Does earning $65k per year mean you're poor?

What's the median income of people living in Manhattan? NYC is huge and some boroughs are pretty poor. 65k is a wage you could live in reasonably well with 2 people in one of the poorer boroughs but for Manhattan you'd be struggling.
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Old 01-07-2011, 03:08 PM   #802
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Re: Does earning $65k per year mean you're poor?

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I eliminated both cable and my landline. Don't pay extra for data, only $40/month for MetroPCS includes everything. I'm a film buff but no longer go out to the movies, watch everything through Netflix.

I do eat (and drink) cheaper now. I shop TJ's and Costco regularly, but no Walmart in NYC. I have a cheap car now/low insurance premium, just repairs get expensive but I try to do as much myself as possible now, including oil changes.
If you don't mind me asking, how much do you owe on your credit cards now?
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Old 01-07-2011, 03:31 PM   #803
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Re: Does earning $65k per year mean you're poor?

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If you don't mind me asking, how much do you owe on your credit cards now?
I'm pretty sure OP got run off by the latest oot culling.
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Old 01-07-2011, 03:55 PM   #804
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Re: Does earning $65k per year mean you're poor?

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What's the median income of people living in Manhattan? NYC is huge and some boroughs are pretty poor. 65k is a wage you could live in reasonably well with 2 people in one of the poorer boroughs but for Manhattan you'd be struggling.
I am pretty sure that median income in Manhattan above 125st is well bellow 65K.
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Old 01-07-2011, 05:56 PM   #805
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Re: Does earning $65k per year mean you're poor?

racist ban
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Old 01-10-2011, 11:21 AM   #806
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Re: Does earning $65k per year mean you're poor?

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What's the median income of people living in Manhattan? NYC is huge and some boroughs are pretty poor.
Pretty sure this has been said in this thread, but it's hard to compare averages in NYC, because so many of the poor people live in subsidized housing. I know plenty of families who live on less than $30,000 a year. They either have had rent controlled apartments in their families for decades and pay <$400 a month rent, live in projects, or they own houses that were built in the 30's by hand and the tax assessors think it's an empty lot.
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Old 01-10-2011, 12:29 PM   #807
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Re: Does earning $65k per year mean you're poor?

move to crooklyn
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Old 02-04-2012, 07:13 PM   #808
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Re: Does earning $65k per year mean you're poor?

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bump, mostly for this pic
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Old 02-04-2012, 07:18 PM   #809
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Re: Does earning $65k per year mean you're poor?

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bump, mostly for this pic
Thanks for not making me hunt for it. So good.
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