Sorry for the double post, but I just want to make something clear. I don't by any means feel that if you can afford to live better than I did that you shouldn't. If you make money you should spend it on what makes you happy! All I'm saying is that you can certainly get by on less if you have to.
sub3over40 wrote:
200K a year minimum....I am married and have a family to support.
Yes, but according to the idiots on this thread you can support them comfortably for 20k a year!
I'd do it for 20k as long as I could get prize money and sponsors.
Fluffy wrote:
sub3over40 wrote:200K a year minimum....I am married and have a family to support.
Yes, but according to the idiots on this thread you can support them comfortably for 20k a year!
We're not idiots. We've done it. Exactly what NEEDS do your children have? How much do these needs cost? Do the math and you will see that $20k is fine.
Thats fine to all the post that say i can live off 10 grand a year.When you get hurt or something.Dont call me .I am working.I have to run all hours of the night just to get my workouts in.This sounds like what the kenyans do.
Some people do work for 10k a year. Minimum wage in my state for 40 hours/week is only 15k/year. Believe it or not, someone has to work these jobs.
And no, the Kenyans aren't working 40 hours a week and then running.
3X as much as I make now. I think my current job is more meaningful than running. I think running would get boring if I did it as full time job.
But it the money was good enough it would be hard to turn down.
My kids need to go to the best schools and need to go to the best colleges. 20K is tuition for one year of private school for one child and a good college is 250K in current dollars. Everyone has an different ideas and "Needs" are just a matter of opinion and very personal.
sub3over40 wrote:
My kids need to go to the best schools and need to go to the best colleges. 20K is tuition for one year of private school for one child and a good college is 250K in current dollars. Everyone has an different ideas and "Needs" are just a matter of opinion and very personal.
True fact, though "need" might not be the right word.
sub3over40 wrote:
My kids need to go to the best schools and need to go to the best colleges. 20K is tuition for one year of private school for one child and a good college is 250K in current dollars. Everyone has an different ideas and "Needs" are just a matter of opinion and very personal.
Needs are not a matter of opinion. You are confusing "needs" with "wants".
If you're paying 250k for an undergraduate degree, you might be very foolish.
It is you that is confused. You think that your childs "needs" are the same as mine. Neither of us are qualified to make that decision for each other's kid. Your kids only need one pair of shoes and one pair of clothes but I sure they have more. They don't need more. They only need to eat once a day but I'm sure you feed them as much as they want. Do you see how your idea of "needs" can be taken to an extreme? It is people like you that want to decide for me what my family needs are that are the real problem. You are not qualified to judge what my families needs are and I am not qualified to determine your child's needs. I'm sure you don't want that judgment made for you but you are more than willing to make it for others. You can do what you whatever you think is best for your child as long as I don't have to pay for it. It is only fair since I am asking no one for help to provide for my family.
Why did we even start talking about what people need? The question is "how much would you have to get paid to run for a living?" not "how much money do you need to live?". I might be able to live off of $20K/yr, but that's not how I decide what I'm willing to work for.
off topic wrote:
Why did we even start talking about what people need? The question is "how much would you have to get paid to run for a living?" not "how much money do you need to live?". I might be able to live off of $20K/yr, but that's not how I decide what I'm willing to work for.
I said 200K due to my situation and business that own. This was too much for some people who think I don't need more than 20K a year. That is what happened if you follow the posts. I answered honestly and it was the "20K a year and happy that I'll never make more because I don't need it" club that got us off in the weeds. 200K a year is my number and that is what I need to quit my business. Last post on this thead.
80,000 thats what I make and I live ok. I'm married with 3 kids.
running is better wrote:
$50k/year would be nice. if i had a family to provide for, add another $50k for each family member, including my wife.
So for you, a wife and two kids...200K....sounds familar.
sub3over40 wrote:
It is you that is confused. You think that your childs "needs" are the same as mine. Neither of us are qualified to make that decision for each other's kid. Your kids only need one pair of shoes and one pair of clothes but I sure they have more. They don't need more. They only need to eat once a day but I'm sure you feed them as much as they want. Do you see how your idea of "needs" can be taken to an extreme? It is people like you that want to decide for me what my family needs are that are the real problem. You are not qualified to judge what my families needs are and I am not qualified to determine your child's needs. I'm sure you don't want that judgment made for you but you are more than willing to make it for others. You can do what you whatever you think is best for your child as long as I don't have to pay for it. It is only fair since I am asking no one for help to provide for my family.
I'm not confused. You just aren't understanding the difference between "need" and "want".
The only thing that anyone "needs" is food, air, and water. Everything else is a want. I am entirely qualified to judge what you or anyone else "need" because everyone's "needs" are the same (excluding anything like medical issues).
ttyrdyjud wrote:
yes, but "comfort" doesn't cost that much. Kids don't each that much. And they don't really have any costs besides healthcare. Under $20k can be a very comfortable and easy life if you don't try to go out and buy $50 take out to eat in front of the tv. That's with kids also.
Again, you don't have kids. Have a kid, then convince me you won't do everything in your power to overestimate, overcompensate, whatever, to make sure those kids are taken care of.
If you can tell me you make under $20k and support yourself and at least one kid (maybe a spouse too?), maybe I'll eat my words. But then again, if you're supporting yourself and a kid on less than $20k I will question your ability as a parent.
This same topic comes up every few months. It's the people who live on peanuts that always start it (myself included) and people who live on more who don't understand. There are some poor folk who try to make the richer folk feel like they should live frugally just because they can. I don't know why this always happens.
I would need at least 200K/year to run full time.
But that is because my alimony is 150K/year and is worth EVERY penny.... :-)
(The only thing I will say about my ex is that she does not have a job, and I work 70+ hours/week and have sole custody of my children. Yes I have a pretty well paid sitter also.)
12 years ago I lived on 11K/year (grad school)
Now I make $600K/year.
My level of happiness is the same. So are my times, at all distances.
So I'd take either $11K or $600K.