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Ask HN: What is your ideal income?

11 pointsby NeilRShahover 12 years ago
So this was inspired by the other thread on income sources that's on the front page right now.<p>This one may be even more personal... But it's something that I've been thinking a lot about lately.<p>How much money do you need to feel secure?<p>To make this reasonable - lets do it like this:<p>1. How much income would be your absolute base requirement for 2013?<p>2. How much money do you want to be comfortable - pay all your bills, put an average amount away, and not "worry" about money.<p>3. What would be a realistic, "reach" amount for 2013? Something that you would be happily surprised by, but isn't totally out of the question. (no cheating! The lottery doesn't count...)<p>To make this work - let us know how many folks you are supporting, and what city you're living in.<p>Looking forward to seeing the results!

11 comments

shaneljaover 12 years ago
I currently earn around GBP460 per month (Yeah... no typo... 460)<p>This is my first job as a programmer, so I'm coming in from the "I'll work for nearly nothing if you discard the lack of a degree for long enough to see how good I really am" perspective, though I have it written in to my contract that I get a wage increase of GBP0.60 for every 2 months I'm employed there for the first year, then if they still want me, they hire me for the same they pay their other employees who hold degrees.<p>460 is really low, I am broke all the time, I refuse to take government hand outs on principle (I am a very proud person) and my girlfriend doesn't work.<p>I came from a poor family, I wasn't expected to even attend high school, let alone graduate from it. The way I look at it this this, in a few years time, I could be very well off, or I could not be. There is really no middle ground for me, I will fight tooth and nail to succeed in this industry.<p>Add to this the news that my girlfriend is pregnant (I literally just found this out about 2 hours ago, clearblue pregnancy test which cost about 1/20th of my monthly wage decided to drop that bomb on me!) and you can see that my situation is pretty dire.<p>I would love to move on to another job some time soon, hopefully higher paying or in a nicer area, but this is unlikely to happen until I have some serious experience behind me.<p>All in all, I want around GBP800 per month, to be comfortable, but a realistic amount to start next year is probably more like GBP600.<p>Truth be told though, I'm still in shock (I'm only 19, wasn't really expecting this) and really worried about my financial future.<p>I live in Lancashire, England and I support myself and my girlfriend. Also, to digress slightly, I like the name Oliver John. Oliver John Armstrong - that's worth every penny I'll ever own.<p>Edit: Rewrote that god awful post.
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biagio3dover 12 years ago
I live in Romania (Satu Mare county), currently earning around $1000 - $1100 per month from my 9 - 5 job, and I'm also working from time to time as a freelancer earning between $300 - $600 per month (I do this only in my free time, which is less and less, approx. 20 hours per week).<p>Taxes per mont are between $170 - $200, so all in all we make $1430 - $1800 per month.<p>I'm married, and I have a 4 year old daughter.We have a car (gas it's pretty expensive around here and our debt is around $9000), my wife makes around $300 per month.<p>Here are my responses:<p>1. $2500 2. $4000 3. $6000
helen842000over 12 years ago
Min = £10k ($16k) take home. Equiv to £11k ($17.5k) salary<p>Ideal = £25k ($40k) take home. Equiv to £36k ($57.5k)salary<p>Realistic = I'd be very happily surprised if I could reach my ideal in 2013, it doesn't sound too unreasonable, does it?<p>If I could find a role supporting awesome products &#38; customers with the chance to improve my development skills too that would be my perfect outcome for 2013, way more impactful than hitting a particular salary target.
nyan_sandwichover 12 years ago
I'm near-broke and unemployed.<p>I can live on &#60;$10k/yr (maybe as low as $6k)<p>I imagine myself with $10k being comfortable.<p>If I get a job (working on it), I'd expect $40k for 2013, would not be too suprised at $60 for some crazy tar-sands job. (I'm a mechanical engineer, and/or programmer).<p>Supporting myself in Vancouver, BC.<p>I want more. There is no enough. All money over $10k will go to charity. At least that's the ambition.
thiagodotfmover 12 years ago
São Paulo, Brazil. I'm a full stack dev(ruby/node.js).<p>1. $30k/y 2. $20k/y 3. $50k/y<p>Salary rates here sucks balls, my dream is to get clients and then freelance(I'm awesome technically, but got no contacts or whatsoever) and make what an US developer would(60-70k).
temp8675309over 12 years ago
Absolute base would be about $70k to pay for living expenses for myself and my family. To be comfortable, I'd like to make about $90k. A realistic, "reach" amount would be $140k based on freelancing 20 hours a week at $60 an hour as well as my day job.
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jamesjguthrieover 12 years ago
Myself, fiancee and 1 year old son live on about £20k a year at the moment, we do fine and are saving for our wedding in July. I reckon we'll need about £30k annually to not have to worry about money - until we have more babies!
armenarmenover 12 years ago
Trying tO get to 3000 PLN a month, I'm American but used to live in Poland and would really like to move back. Passive wise I'm maybe a quarter of the way there
pmtarantinoover 12 years ago
Living in Buenos Aires, Argentina, and still with my parents (I am 21), I would be more than glad with 1.500 USD per month.
sandeepshettyover 12 years ago
Mumbai, India. Married with a 17 month old daughter. Home owner.<p>1. &#62; $3000/mo 2. &#62; $4000/mo 3. $4000/mo
traxtechover 12 years ago
Toulouse, France. Single 1. $2k/month 2. $4k/month 3. $5k/month