saragoodtimes · F
saragoodtimes · F
SW-User
@saragoodtimes Sounds about right!
DeWayfarer · 61-69, M
Just the average income that is yearly adjust for the actual annual inflation.
This never happens though anywhere in the world.
I would be a millionaire if my parents income was adjusted for inflation. A cup of coffee only cost 10 cents in 1966 with no tax! And my parents income was below average.
And why two incomes are now required instead of one income for a whole family of four. Where it was once a family of six or more on a single income.
Soon enough it will be limited to a family of three or just two. No kids.
The latter will happen. Because they are already claiming over population. And definitely don't even want any immigration.
Just to allow immigration you will force an income increase, that they don't want. Immigrants will just rely on the state to feed their multiple children as a last resort.
Immigrants just won't have fewer kids. It's why they immigrated. To have a better life for their kids.
So just to survive, the kids will just live with their parents. Therefore providing a income of four for a family of eight or more.
This is the direction the whole world must take. Because they refuse to adjust anyone's income for the actual annual inflation correctly.
Greed begets even more greed.
This never happens though anywhere in the world.
I would be a millionaire if my parents income was adjusted for inflation. A cup of coffee only cost 10 cents in 1966 with no tax! And my parents income was below average.
And why two incomes are now required instead of one income for a whole family of four. Where it was once a family of six or more on a single income.
Soon enough it will be limited to a family of three or just two. No kids.
The latter will happen. Because they are already claiming over population. And definitely don't even want any immigration.
Just to allow immigration you will force an income increase, that they don't want. Immigrants will just rely on the state to feed their multiple children as a last resort.
Immigrants just won't have fewer kids. It's why they immigrated. To have a better life for their kids.
So just to survive, the kids will just live with their parents. Therefore providing a income of four for a family of eight or more.
This is the direction the whole world must take. Because they refuse to adjust anyone's income for the actual annual inflation correctly.
Greed begets even more greed.
View 17 more replies »
DeWayfarer · 61-69, M
@rocknroll I never said 66 cents. Learn to read!
Coffee is over 2 bucks now, not including tax. And I am being generous on that nation wide price. Some states it's over 3 bucks. Texas it's 2.57. A federal minimum wage state.
Yet at 2 bucks that's 27% almost 28% of today's minimum wage of 7.25.
THEN it was 10 cents. Sambos had 10 cent wooden coins nation wide until 1972! Other restaurants had them as well, six years later!
That's 6% rounded 7% of your own quoted 1966 minimum wage!
More than three times as much almost four times as much. And there still wasn't any state tax in ANY of those percentages.
NOT EQUIVALENT!
Notice I was being generous with all those figures. Average price of coffee in Texas is more than even in California by 5 cents.
Coffee is over 2 bucks now, not including tax. And I am being generous on that nation wide price. Some states it's over 3 bucks. Texas it's 2.57. A federal minimum wage state.
Yet at 2 bucks that's 27% almost 28% of today's minimum wage of 7.25.
THEN it was 10 cents. Sambos had 10 cent wooden coins nation wide until 1972! Other restaurants had them as well, six years later!
That's 6% rounded 7% of your own quoted 1966 minimum wage!
More than three times as much almost four times as much. And there still wasn't any state tax in ANY of those percentages.
NOT EQUIVALENT!
Notice I was being generous with all those figures. Average price of coffee in Texas is more than even in California by 5 cents.
Spoiledbrat · F
@DeWayfarer It's not that inflation isn't adjusted, it's that it's not absorbed by business owners. They refuse to absorb some of it and not pass it all down to the people who can't afford to pay it.
DeWayfarer · 61-69, M
@Spoiledbrat the whole system is based on societies values. And those values are wrong!
Picklebobble2 · 56-60, M
If you can afford to buy a home outright with no loan attached.
Enough cash available for emergency repairs should you suddenly need it.
All bills from taxes to electricity and beyond.
And a reasonable standard of living for the predicted rest of your life.....that should be enough
Enough cash available for emergency repairs should you suddenly need it.
All bills from taxes to electricity and beyond.
And a reasonable standard of living for the predicted rest of your life.....that should be enough
SunshineGirl · 36-40, F
@ninalanyon Yes, and I fear that the turmoil of our current decade (which in many ways echoes the 1970s) is beung used to untie whaterever social binds still exist.
I found the pre-1970s depiction of Norway very interesting. A largely rural economy, deeply conservative and traditional. Very similar to Switzerland around the same time in that both were emerging slowly from centuries of domination by larger neighbours. But whereas Switzerland went down the freemarket route and became a haven for kleptocrats (my opinion), Norway has (so far) managed to combine the pursuit of prosperity with social harmony and international responsibility.
I found the pre-1970s depiction of Norway very interesting. A largely rural economy, deeply conservative and traditional. Very similar to Switzerland around the same time in that both were emerging slowly from centuries of domination by larger neighbours. But whereas Switzerland went down the freemarket route and became a haven for kleptocrats (my opinion), Norway has (so far) managed to combine the pursuit of prosperity with social harmony and international responsibility.
ninalanyon · 61-69, T
@SunshineGirl
Women were given the vote on the same basis as men in 1910.
24 hours a week of school was compulsory for children 7 to 12 by 1899 (earlier in Oslo): https://www.oslo.kommune.no/OBA/tobias/tobiasartikler/t19901.htm
And higher education is free as it was for people of my generation in England. For approved courses at approved institutions it will even finance study for a bachelor's degree abroad although I think that then they loan the money and cancel the debt only if you pass.
Nonetheless it is a capitalist society, despite being a more egalitarian society we have about as many dollar millionaires per capita as the UK.
managed to combine the pursuit of prosperity with social harmony and international responsibility.
I think that has a lot to do with the Norwegian realization in the nineteenth century that such a country can only really work if everyone pulls in the same direction and can pull. Women were given the vote on the same basis as men in 1910.
From the late 1880s professional, charitable, and political associations increasingly advocated public-health proactivism. The Norwegian Physicians' Association was established in 1886 for the express purpose of promoting medical influence—specifically the importance of public and private hygiene—in society.
...
In 1912 parliament legislated a reorganization and substantial expansion of the state medical service. The number of primary medical officers (municipal and rural districts) was increased from 161 to 372 and a new office of county medical officer was created to be an intermediate link between the district and the central directorate of medical affairs. The position of the directorate in the central administration was also upgraded within the Ministry of Social Affairs. Three years earlier mandatory sickness insurance for about one-third of the country's active workforce had been enacted with its own system of administration.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC1369017/...
In 1912 parliament legislated a reorganization and substantial expansion of the state medical service. The number of primary medical officers (municipal and rural districts) was increased from 161 to 372 and a new office of county medical officer was created to be an intermediate link between the district and the central directorate of medical affairs. The position of the directorate in the central administration was also upgraded within the Ministry of Social Affairs. Three years earlier mandatory sickness insurance for about one-third of the country's active workforce had been enacted with its own system of administration.
24 hours a week of school was compulsory for children 7 to 12 by 1899 (earlier in Oslo): https://www.oslo.kommune.no/OBA/tobias/tobiasartikler/t19901.htm
And higher education is free as it was for people of my generation in England. For approved courses at approved institutions it will even finance study for a bachelor's degree abroad although I think that then they loan the money and cancel the debt only if you pass.
Nonetheless it is a capitalist society, despite being a more egalitarian society we have about as many dollar millionaires per capita as the UK.
SunshineGirl · 36-40, F
@ninalanyon I remember learning about how the early settlers of Iceland (who mainly originated from what is now Norway) adopted Christianity in 1000AD through the Althing (the oldest parliament in Europe). Not because they were particularly enthusiastic about the new faith, but because they feared the consequences of division within a small, young society. So consensus was valued well over a millennium ago!
deadgerbil · 26-30, M
zonavar68 · 56-60, M
Enough to pay my home loan and all other bills and necessary payments. Ie. paying for food water electricity insurance healthcare vehicle operation/maintenance and looking after my daughter. Any more is a gift that can be possible saved or spent on things to fix up and improve the house or yard. I have zero savings or money put aside elsewhere for emergencies.
Repete · 61-69, M
As of right now I have enough to pay all bills I have ( I only have day to day bills) I have saved some for emergency and now am retired. I learned a long time ago to spend what I make ( or less) instead of trying to make what I can spend .
I can make ends meet easily on my social security if I have to.
I can make ends meet easily on my social security if I have to.
zonavar68 · 56-60, M
@Repete Here we cannot live safely or comfortably on our version of social security (unemployment benefits now called Jobseeker payment). I've done it when I was unemployed and it's both a complete mind-fuck and a big reality check to be forced to sacrifice almost everything, plus you have to use all your savings if you have any before you qualify to receive payments plus jump through lots of hoops to apply for jobs at the same time.
Repete · 61-69, M
@zonavar68 here when I was a single parent the had me jumping through hoops for what little help they would give me , other than the medical insurance my daughter was getting because of something that happened earlier, none of it was worth it. I stopped jumping , they stopped and it was harder but we learned how to deal . She kept her aid because it was their fault in the first place . 3 years in court to get it.
cherokeepatti · 61-69, F
Monaschandroff86 · F
PoetryNEmotion · F
Enough so I would not have to keep my furnace at 67 in the winter. Enough so I could splurge on groceries with no budget. Enough to shop for practical as well as frivolous things. To drive my jeep without rationing gas. To go on one holiday for one week annually. To be able to fix my home up. To take my dogs to the vet whenever necessary. That would be enough for the rest of my life.
whowasthatmaskedman · 70-79, M
If I run out of money I am set up to provide for myself and live off the land. I have a cast iron cooking stove for cooking and heat. I have daylight to see. Water is abundant in buckets from streams and snow. Deer, rabbits and turkey are everywhere. I have guns and ammo. I can walk so I don't need a vehicle. I own my home, cozy, humble shack that it is. I have hand tools, creative skills, and ingenuity to make or repair whatever I really need.
So... Enough $ to pay property taxes, I guess. Ain't that a shame? They can still get ya. In that event, I'll put up a teepee and probably get arrested and jailed for it here in the land of the free. Still, problem solved.
That's IF I ever don't have money. I don't fret it. You can't eat money.
So... Enough $ to pay property taxes, I guess. Ain't that a shame? They can still get ya. In that event, I'll put up a teepee and probably get arrested and jailed for it here in the land of the free. Still, problem solved.
That's IF I ever don't have money. I don't fret it. You can't eat money.
Justafantasy · M
Enough money for what?
@swirlie [media=https://youtu.be/UYONTCHGQ6I]
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pancakeslam · 41-45, M
@OldMan70 like in a 6% CD account?
ElwoodBlues · M
@Bumbles I do believe I could make do with 25 million!
Muthafukajones · 46-50, M
SomeMichGuy · M
For what?
For a McDonald's "meal", a few bucks.
For a good used book, could be a few bucks to tens of bucks.
For a good piano, tens of thousands (easily over $50k, it seems).
For a house for books, music, etc., incl. endowment for taxes, etc., a few million.
Etc.
For a McDonald's "meal", a few bucks.
For a good used book, could be a few bucks to tens of bucks.
For a good piano, tens of thousands (easily over $50k, it seems).
For a house for books, music, etc., incl. endowment for taxes, etc., a few million.
Etc.
Convivial · 26-30, F
@SunshineGirl not if your neighbour is the one that cut your elastic though
2ndtimeguy · 61-69, M
I write the checks for bills each day if there is still money in the account thats enough because I remember times I couldnt write the check because there wasnt enough money. Count my blessings
Spoiledbrat · F
jehova · 31-35, M
Alledgedly minimum wage but probably 25 to 33 an hour. Full time. No car. No kids. 2500 calorie diet
HumanEarth · F
Zero, Government is trying to make it so you don't own nothing
So they can control you
So they can control you
OldBrit · 61-69, M
Shelter, food, warmth, health
Spoiledbrat · F
Thanks in advance.
Iwillwait · M
$20M
SW-User
100 million
pancakeslam · 41-45, M
Atlotto · M
I could scrape by on a billion.
swirlie · F
I get asked this same question a lot by entrepreneurial business women whom I mentor who are new to the realm of self-employed business ownership. What I have observed over the past 10+ years of employment freedom, also known as self-employment, is that our level of wealth seems to move in lockstep with our standard of living. The more money we make, the more affluent we try to appear to others as if trying to prove our success to the world which we tend to wear on our sleeve like a badge of honor in western cultures.
But when the chips are down and our level of perceived wealth dips below our view of the distant horizon, the less affluent we try to appear to others suddenly, as our financial reality causes us to take a moment of pause and reflection.
The bottom line is, it's never the amount of money you have or potentially will have that determines how much money is enough money, it's always the standard of living we adopt for ourselves if our undisciplined approach to financial mis-management is permitted to move in lockstep with our floating income levels, that determines how much money is enough.
Therefore, money of itself has nothing to do with being enough of itself because if left unmanaged, there will never be enough money. This means that our standard of living is our only true barometer of how much money will be required to maintain that standard of living at all times through the high times and all the low times without having to cut corners and scale back throughout an entire business cycle to accommodate an ever-fluctuating cash flow.
But when the chips are down and our level of perceived wealth dips below our view of the distant horizon, the less affluent we try to appear to others suddenly, as our financial reality causes us to take a moment of pause and reflection.
The bottom line is, it's never the amount of money you have or potentially will have that determines how much money is enough money, it's always the standard of living we adopt for ourselves if our undisciplined approach to financial mis-management is permitted to move in lockstep with our floating income levels, that determines how much money is enough.
Therefore, money of itself has nothing to do with being enough of itself because if left unmanaged, there will never be enough money. This means that our standard of living is our only true barometer of how much money will be required to maintain that standard of living at all times through the high times and all the low times without having to cut corners and scale back throughout an entire business cycle to accommodate an ever-fluctuating cash flow.
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