"Why won't you take this $18/hr job?"
"Why won't you take this $18/hr job?"
North Dakota is a standout at $52,807. I would think the winter heating bill would take a big bite out of that.
North Dakota is a standout at $52,807. I would think the winter heating bill would take a big bite out of that.
Interesting. Now I need to understand what "comfortably" means. I doubt my definition and theirs align.
Interesting. Now I need to understand what "comfortably" means. I doubt my definition and theirs align.
Now I need to understand what "comfortably" means. I doubt my definition and theirs align.
Came here to say this. I went to the article ( the archived version](https://archive.today/NMKDY) for their definition:
“Comfortable” is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.
That didn't help much. My idea of 'comfortable housing' is likely different from theirs.
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Now I need to understand what "comfortably" means. I doubt my definition and theirs align.
Came here to say this.
I went to the article ( the archived version](https://archive.today/NMKDY) for their definition:
>
“Comfortable” is defined as the monthly income needed to cover a 50/30/20 budget, which allocates 50% of your earnings for necessities like housing and utility costs, 30% for discretionary spending and 20% for savings or investments.
That didn't help much. My idea of 'comfortable housing' is likely different from theirs.
Yeah, what kind of 50-30-20 are we talking about here. I recall back some thirty years ago or better that only 25-30% of income should apply to housing. That was kind of the standard by how much of a house you could be given a loan for.
Yeah, what kind of 50-30-20 are we talking about here. I recall back some thirty years ago or better that only 25-30% of income should apply to housing. That was kind of the standard by how much of a house you could be given a loan for.
At most $200-300 / month for the typical home.
At most $200-300 / month for the typical home.
I think the 50 in their 50/30/20 budget for necessities is accurate as it seems to include everything from housing, utilities, services and food. In my case of that 50, I'll say I pay like 35-38 in housing alone and the rest for services and food.
I think the 50 in their 50/30/20 budget for necessities is accurate as it seems to include everything from housing, utilities, services and food. In my case of that 50, I'll say I pay like 35-38 in housing alone and the rest for services and food.
(post is archived)