Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Directories      Financial Forum      Dictionary  
Financial Forum    Personal Finance
Finance Discussion Forum

 What would the cash machine say?
if i tried to cash more than i ...


 What are ways college students can eat healthy when they are on a budget?
For many college students like myself, eatting healthy is not always possible and many college students are on a shoe string budget for groceries and many students end up eatting food they do not ...


 Can you give me some advice???? finance?
How can i be financially set at age 19?...


 If you had $10000 to invest, how would you invest it.?
...


 Will the bank question me for making this deposit?
My dad just gave me $8,000 in $100 bills. He said that he was saving it for a rainy day......but now that he is 86 (and quite well off) he wanted me to put it in my savings account. I bank at a ...


 HELP!!! I'm an Impulsive/Over spender, how do I get over that to save money?
I plan on purchasing my first home next summer, but I need to save up for the down payment. In order to do that I need to stop spending money. What are some ways to do it. Anything that's ...


 Can you make a lot of money by selling stuff on Ebay?
...


 How to tell a rich man from a poor man?
...


 Personal loans?
i am wondering if there is a legitamate loan company that i can go through online without any faxing or signed paperwork. i would like to borrow 3,000 and have a decent job, i just dont want to go ...


 If i owe 3 millions dollars when im 90 and i pass away, i have no relatives, do they write off my debt right?
away? what if i have relatives, will my relatives have the burden to pay off my debt or they are not affected at all? thanks
Additional Details
please im serious, my house is 2 millions ...


 Can a n electric company shut off my electric if i have kids?
...


 I just got a call from WCP in Atlanta, GA saying I won $25k and want to know if there is any fraud involved?
I was told I was recieving this award for being a credit card customer and was asked for my CC#, type, and exp. date. I wasn't asked for the number on the back but am still suspisus (sp?) of the ...


 People with bad credit will they ever get a second chance on loans etc. (for example score 509).?
...


 How long will it take to pay of 15k in student loans?
at what monthly payment? Interest being around 8%...


 How can i make 4 months go by FAST?
...


 What do you do for a living?
what does your job entail?
what is your salary?...


 What should I do about my Dad's estate?
My father passed away two weeks ago in NC. I am living abroad. I flew home for a memorial service arranged by his girlfriend of 30 years. The girlfriend had keys to his apt and car and said that she ...


 I bought a teddy bear called Mohammad last week for £10?
if i sell him this week for £20 will i make a ...


 Can my parents legally take my money?
If I have a job and earn my money can my parents legally take it?I am 15....


 Can i trust overseas moneylenders advertised in yahoo ads?
...



peterincisco
Can I survive on 40k / year ?
I am a college grad in the NYC / NJ area with a job offer for 40k a year. I have never lived on my own and am not sure if I can realistically live on my own. I would like to, but like I said, i have never been completely on my own so im not really sure.
                     
 




Brandy
I have a family of 3 and we do fine on 40,000 i wouldnt see why you couldnt..just be wise with your money : )


Maggie C
Yes you can; and even less.


STEVEN F
Rating
$42,000 a year is the median household income in the US. That means 1/2 of all households make LESS than $42,000. The median house hold size is 4 or 5 people. If a family of 4 can live on $42,000, a single that can't live on $40,000 is WAISTING too much money.


Unnamed
Rating
if u have nothing to pay lets say car insurance , rent, then ya thats good


Homeless Bob
Rating
People can comfortably survive on 1/4th of that income. Just don't spend your money like the average American... actually seek out good deals and don't overpay because why would you want to pay more for the same thing?


David M
Rating
Depends where you live. $40,000 will be tough to cut it in Manhattan. If you get further out you should be able to make it.


letterman
You're going to have to be pretty tight with the cash. Whatever you do, stay out of debt. No credit cards that you don't pay off each month. No car loans. Zippo.

It would be easier to live in, say, Kansas on $40k per year. You're going to find it tough in NYC or NJ. Find roommates. That will be key to your survival on that kind of income.


187proof
For a college grad in NYC that is pretty low. That would be a good salary in almost any other part of the country though. In an average city, a person can easily live on $20,000/year, and $15,000/year isn't too difficult either.


mortiicia3
Rating
Why don't you know? You should be familiar with your own budget by now. Set one up and figure out what your expense-to-income ratio is.


beautifulmiracle2006
Rating
Look at your living situation and what rent would cost you. It is not a bad salary for someone living where I do, but I am sure living costs are much more high out there. Do your math, make sure you account of all the costs youll have, health insurance, food, clothing, rent, utilities, GAS MONEY!!! Don't sell yourself too short though either. Having a nice margin of extra money is always helpful for when the hard times come.


Debt Slayer
Rating
As long as you get on a strict, written budget, you'll be fine. Stay away from debt and save as much money as you can.


s7lmb
You should be bring home around $1150.00!
In New York that is rent.
Now don't forget your student loan repayments.
I would not live in the city...yet I would stay close enough to use public transportation. Maybe even try the NJ side for an apt.
You will make it as long as you are single and have no kids or other debts.
If you have other obligations I would suggest moving!


 Enter Your Message or Comment


User Name:  
User Email:   
Post a comment:







Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.034
Copyright (c) 2011 Financial Crisis Monday, May 28, 2012 - Terms of use - Privacy Policy