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 Can anyone have more than a checking account?
Lets say I have a checking account in washintong Mutual, then there is a good offer from wells fargo and I want to open an ccount with them, yet I'm being toll That bank of America gaves better ...


 How can I be money smart?
I don't really know any other way how to word the question haha.

I'm almost 15 and I'm terrified of the thought of being in debt or struggling with money when I'm ...


 My expenses are higher than my income, what do I do?
I can't get rid of any of my expenses, all are bare minimums and I am in a situation where I cannot get another job to earn more income. What can I do?

Expenses:
Rent-if I don...


 I just sent almost $5,000 to pay off my Discover card. If I cut it up, am I no longer a costomer?
Should I call them to make sure it went through and the card is completely paid off?

I'm so proud! No dept :D
Additional Details
Okay, my credit score is 732...isn'...


 What would you do with 200 million?
I WAS ON THE BUS THINKING TODAY ON MY WAY TO COLLEGE, WHAT WOULD I DO WITH 200 MILLION POUNDS..


ILL GET A HOUSE FOR MY FAMILY, BUY CARS, INVEST IN SOMETHING....WHAT ELSE CAN YOU DO.....


 I have just been refused a M&S credit card, and my credit score is 999/1000. Any ideas why?
...


 What are some jobs around the house my parents would probably pay me for?
im 15 and i dont really work until im 16 but id like some money. give me some ideas about around home jobs. doesnt matter what it is. i live in miami so none of the snow shoveling kinda ...


 If you could have any amount of money how much would it be and why?
...


 Any tips on how I can start saving money?
I am 18yrs old. Have 2jobs. My 2nd job is a waitress, and so far I've been saving the tips. I need to finish paying my laptop off, and I need to save money for the 1st month's rent in the ...


 What if I say to my bank 'sorry I have no money I simply can't pay my debts' what are they going to do?
There are no debtors prisons anymore, I don't home a home or any possessions to speak of, I have no savings and owe £25k on my credit cards. I am self employed but my contracts have dried up ...


 Pay debt first or save?
I have seen different schools of thought on this issue. Currently I have credit card debt of $1700 at 4.75%. I also am trying to start an emergency fund-I have $500 so far. Currently I pay $300 a ...


 Have you ever won the lottery for at least a million dollars?
If so, how has it affected your life. What are the pros and cons? What would you change about the cons if you could? Everyone wants to be rich but what really happens behind the scenes when you do ...


 I am single and owe about $8K on credit cards. Who pays it if I die?
...


 What is the best way to fix your credit and raise your credit score?
...


 I need an unsecured personal loan of £1,000.00 but I have extremely bad credit rating. Any suggestions?
I need a personal unsecured loan for a thousand pounds but my credit rating is extremely, extremely bad. Does anyone out there know of any loan companies that will grant me this loan with my bad ...


 Is there anyway I could raise money to help pay for my Prom?
I want to help pitch in for the limo, and then my dress and things. It's really stressful and I want to go, but this money situation is kinda making me want to change my mind....


 EBay!!!! should be rip off bay?
Has anybody else been riped off by someone on ebay. And after contacting ebay for HELP, they just brush you under some carpet ( out of sight out of mind ).I paid someone (almost said a lady) £80 of ...


 How do i raise money to get me a dog?
I will cost $450 and im only 14 so i cant get a job...and i need one before christmas day!
Additional Details
I already have one dog and i can afford VERY easily to take care of it and ...


 My neighbour lost a large sum of money and I found it?
where should I invest it, stock market, property or go safe with a bank?...


 Are those online 'Work at home" jobs really true or they are just cheating?
I wanted to earn more side income at home and I noticed there are a lot of these online survey forms to fill in, or home typist job offered in the internet. They are too good to be true. Just wanna ...



Gamilstob K
My friend doesn't think making $80,000 salary is a lot. What do you think?
Some friends tell me that once I make that, it'll be pretty much a basic income.
Additional Details
I'll have a university degree, and so will my friends.
                     
 




Alan F
Rating
Just like all other comments, it really depends on where you live. I live in NYC and 80g is not that much $ in NYC. After taxes come in, its basically 40-50g cash. You cannot buy a house on a 80g salary.

Then it comes to lifestyle which location plays a role with it, I know some of my friends who are only 22-23 making over 100g in Wall Street, but they go out EVERY NIGHT POSSIBLE! 10$ for drinks here and there, 50$ on dinner, 10$ on lunch, they barely have enough to save! They just spend on anything because they are so busy working, so its they pay a premium on anything for the convenience. For example, say your thirsty in Midtown or Lower Manhattan, it costs about $2 for a soda in some places, $2-3 for a hot dog? So from my experience, growing up in NYC 80g is average, or basically middle class.


treealbero
Rating
Depends on how old you are, where you live, what sort of education you have, tc.

If you're a lawyer in New York City, it's not a lot. If you're a factory worker in Ohio, it's a lot.


squarebubble
Rating
It depends on where you live, what taxes you pay, and so on. In The US, you'd be about middle-class.


thejoker8301
its 4 times what I make...so Id say thats pretty well off...


passionsrobin
I think I'd like to be your friend and make that kind of money....Are they NUTS


Vicky. :D
My dad makes around 30,000 haha.
So yeah, thats really good unless you want to be a doctor or something.


Hermes
Rating
I think that it depends upon where one resides, what the nature of employment is, as well as what one's expectation of lifestyle is? If one lives in rural Wyoming, $80,000 would be an above average salary. It wouldn't be quite so impressive in some place like Manhattan would it? If it is as an entry level teacher, that is well above average. If it is as a seasoned neurosurgeon, that is below average. If one is content to live in a one bedroom house and drive a 1988 Honda Accord, then that is certainly enough is it not? If one has aspirations to live in a five bedroom house and own a BMW and Mercedes, as well as engage in lavish entertainment every night, then $80,000 is not likely going to provide such a lifestyle. It is all relative to situation, location, and expectation.


Lucy
Rating
$80,000 a year is a very respectable wage and it is in the upper middle class range. It is not a basic salary. Do your friends make more than that? Or do they just not know what they are talking about?

Sounds like they don't know what they are talking about. My husband makes approx $55,000 and I stay at home with three kids, we own a house and two cars and are not lacking. So I would say $80,000 is pretty decent. It kind of also depends on the cost of living where you live.


Sweetdaddy Rex
Rating
Depends on where you are, and the job that you have; Millions of people live on less than $ 20,000.00 a year. Where I live, the average rent for a HOUSE is about $ 500.00 a month !


$$$money$$$
I think your friend spends way to much and or maybe has way to much debt. $80,000 is wonderful


My Evil Twin
It all depends on what you're doing, and what you did to get to that position. If you're working the drive-thru window at Burger King then it's huge. If you're the CEO for a chain of retail stores stretching from Paris France to San Francisco California, then it may not be much. Everything is relative in finances.


David M
Depends where you live. In Omaha, Nebraska it's a lot. In New York, you'll barely get by.


im sheque
thats a lot


Counting is fun
It depends on what the job is and how much experience or what college degree you have. For a pharmacist it's not much but for a teacher it is.


thtgreengentlmen
if you are making it household it's not a lot. but for one person it it's definently a lot of money for one person. but with todays econonmy theres only so far you can go with a certain amount of money


mommy07
This is a decent salary as far as careers are concerned. However, the region in which you live (i.e. cost of living, etc.), number of dependants, and income / debt ratio can make it a not so good salary ;) . It's not necessarily how much you make, but how well you manage your money! I know people who make $180k a year and are barely making ends meet! If you don't live beyond your means and /or have a lot of children, you can have a really good life on $80k a year!


Mel
Rating
80,000 is a great salary. there are many people who would love to make that. 100,000, which is just 20,000 more, is really something.


Hey there
Depends on your job. If your a doctor and you make that, then your not doing too good. If you work in a grocery store, then, that would be amazing. It also depends on where you live. In the northeast, its about average. In the south, that would be a lot. Also, if you are only supporting yourself, then it can seem like a great deal, married with kids, not so much.

I make around that, and honestly, I only take home about half of it, so, it might seem like a lot, but I don't see it.


robert43041
Rating
I think your friend should try welfare, then he'd see that 80K is a whole lot indeed.


cherryp572000
Rating
It's pretty good money to me,where do your friends work Wall street.Unless you got house full of kids,or your in debt up to your neck.That's lovely money to me.


Eric W
Rating
Yes, that is quite a bit of money.


Lilly S
Rating
I always thought that was a lot.

Recently, I got the impression lots of people are making a lot more and even laugh at the idea of a 40K salary for people just starting out.

I don' t get it! I started out lower than 40K.

I'm staring this as interesting

I like mommy07's comment: It is true, the most important thing is how you live. If you're happy, good!

& I know a couple where the guy makes $148K a year and yet they always seem to be skimping and worrying about little $ things for no reason!


fldhockeyliveitloveit
Rating
Well 80,000 may seem like a lot look at what it dwindles down to after you pay your rent or morgage x12 months and then gas, and food and electric and heater and water and energy.and then movies and movie rentals and games and cars and clothes....hmmmm they are right it really is a basic income.


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