BGOL Finance: how much monthly income does it take to live comfortably in your area?

[papi68]

and that comment of 600,000 k ain't doin shit in ny shitttttttttttttttttttttttttttttttttttttt...you could do awhole lot with 600.000 a yr in ny

Of course, but its relative. You can ball in NYC like anywhere else if you have the mouthpiece and hustle. But, you're sliding in with other people then. When you live in a city with many billionaires and multi millionaires. $600k ain't much. Remember billionaire mayor Bloomberg? Bitch ass soon to be impeached might've come close to being a billionaire agent orange?

With all the dough in NYC, $600k ain't a ton of money. When you rub shoulders with ceos of international investment banks and/or corporations, athletes and entertainers, ringing the bell at NYSE, you realize you're poor but didn't know it. Hanging with these cats had me sounding like Kevin hart, "You see, I'm not gonna do it. I can't do it two nights in a row. I would, but you see, the way I got my bank account set up, I got a checking and a savings, but all my money is in my savings, so I gotta switch it to my checking, but it's gonna take 3 business days...I don't think it's gonna go through."

 

[Dr. Truth]

LOL @ 600k ain't much. Nigga please. 50k a month is more than enough to be balling in NYC.

 

[jagu]

Aint nobody trying to live in Cobb County LOL and South Atlanta is hood.

Seriously? Have you ever tried to price a quarter of an acre in Smyrna, Cobb County?
I've lived in the hood successfully for 13 years and you've never heard me complain about my house note.

 

[Dr. Truth]

Seriously? Have you ever tried to price a quarter of an acre in Smyrna, Cobb County?
I've lived in the hood successfully for 13 years and you've never heard me complain about my house note.

Bruh I hate Cobb County. Where in South Atlanta you at? College Park?

 

[mansamusa654]

Aint nobody trying to live in Cobb County LOL and South Atlanta is hood.

Hilarious.

East Cobb has some of the best schools in Georgia hands down. Walton High School is easily a top 10 school. The elementary/ middle schools are also tops in the state. Pope, Lassister and Wheeler are top flight schools. Schools sell homes and increase property values. 0% crime rate, none of that home invasion nonsense. Swim team in the summer, your kids become incredible swimmers by hitting the water on a daily. 25-30 minutes to the city, can take 75/285/400, all viable options. 15 minutes to new Braves stadium. Some of the best restaurants in Metro Atlanta. 15-20 minutes to Lenox, Perimeter, or Cumberland malls. Whole Foods, Trader Joes, Sprouts all within 5 minutes of each other.

All things considered, easily one of the best places to live in the A. Sorry for you if you buy in the wrong area in ATL. No home value appreciation, terrible schools and crime potential is crazy.

 

[dtownsfinest]

LOL @ 600k ain't much. Nigga please. 50k a month is more than enough to be balling in NYC.

Yeah I was about to say man niggas in here basically saying if you don't make a million a year you can't survive in NY. These niggas is lying.

 

[tallblacknyc]

Of course, but its relative. You can ball in NYC like anywhere else if you have the mouthpiece and hustle. But, you're sliding in with other people then. When you live in a city with many billionaires and multi millionaires. $600k ain't much. Remember billionaire mayor Bloomberg? Bitch ass soon to be impeached might've come close to being a billionaire agent orange?

With all the dough in NYC, $600k ain't a ton of money. When you rub shoulders with ceos of international investment banks and/or corporations, athletes and entertainers, ringing the bell at NYSE, you realize you're poor but didn't know it. Hanging with these cats had me sounding like Kevin hart, "You see, I'm not gonna do it. I can't do it two nights in a row. I would, but you see, the way I got my bank account set up, I got a checking and a savings, but all my money is in my savings, so I gotta switch it to my checking, but it's gonna take 3 business days...I don't think it's gonna go through."

hey i kno millionaires that live frugal.. new balances, 15 dollar pair of khaki's, college t-shirt, driving a car that's under 25,000 or hopping on public transportation or using uber/lift.. there's two sides of the millionaire life.. i kno dudes who are crazy with it and i kno people who are real jewish when it comes to bread.. i learned from the jew side how to move around.. as far as the spend happy nigs being that i deal with pussy all that goes out the window and being the guy that deals with pussy makes u everybody friend and gives u a free ride in their lifestyle, everything paid for, slide in for free, move in their circles..gotta find other sources of currency in their circles pussy is 1 of them..vice sellers are loved in their community..pussy and drugs.. i got a few of them that hit me up on a reg

 

[mansamusa654]

The funny thing about NYC is there a ton of MILLIONAIRES (net worth over a million dollars) that don't have a clue of what their homes are worth. Sad part is a lot of them are just gonna get beat out of the true value of their property.

 

[BitchI'llKillYa]

Of course, but its relative. You can ball in NYC like anywhere else if you have the mouthpiece and hustle. But, you're sliding in with other people then. When you live in a city with many billionaires and multi millionaires. $600k ain't much. Remember billionaire mayor Bloomberg? Bitch ass soon to be impeached might've come close to being a billionaire agent orange?

With all the dough in NYC, $600k ain't a ton of money. When you rub shoulders with ceos of international investment banks and/or corporations, athletes and entertainers, ringing the bell at NYSE, you realize you're poor but didn't know it. Hanging with these cats had me sounding like Kevin hart, "You see, I'm not gonna do it. I can't do it two nights in a row. I would, but you see, the way I got my bank account set up, I got a checking and a savings, but all my money is in my savings, so I gotta switch it to my checking, but it's gonna take 3 business days...I don't think it's gonna go through."

You're not making sense to me

You're acting like 600k a year jobs are ordinary.

Less that 5% of the nation is earning that kind of money yearly... probably closer to 2%

50k a month is not normal.

 

[Dr. Truth]

Hilarious.

East Cobb has some of the best schools in Georgia hands down. Walton High School is easily a top 10 school. The elementary/ middle schools are also tops in the state. Pope, Lassister and Wheeler are top flight schools. Schools sell homes and increase property values. 0% crime rate, none of that home invasion nonsense. Swim team in the summer, your kids become incredible swimmers by hitting the water on a daily. 25-30 minutes to the city, can take 75/285/400, all viable options. 15 minutes to new Braves stadium. Some of the best restaurants in Metro Atlanta. 15-20 minutes to Lenox, Perimeter, or Cumberland malls. Whole Foods, Trader Joes, Sprouts all within 5 minutes of each other.

All things considered, easily one of the best places to live in the A. Sorry for you if you buy in the wrong area in ATL. No home value appreciation, terrible schools and crime potential is crazy.

Enjoy Cobb County, I think that area sucks.

 

[tallblacknyc]

LOL @ 600k ain't much. Nigga please. 50k a month is more than enough to be balling in NYC.

shitttt 50k can get u a nice rental space/rental hall hooked up..tv', furniture, club lights, bar, projection screen, etc for the whole yr.. u can fuck around and rent it out to make money or u can make it the ultimate mancave/hangout..why go to the club when u can bring the club to you..throw day parties, bday parties,strip parties/bachelor parties, fight parties, sporting events, after work hangout, poker nite, video game tournaments, slide off spot, nigs juss don't kno..lets juss say i personally kno about that type of situation..u like fuck the club i am the club, fuck goin out i am the hangout... the ultimate cool guy..than the bitches will be like he has his own rental hall..draws dropped immediately

 

[Dr. Truth]

Yeah I was about to say man niggas in here basically saying if you don't make a million a year you can't survive in NY. These niggas is lying.

Shits ridiculous bruh you can get a nice modern spot in Manhattan that will have bitches wet for 8k a month you still got 30k left over(After taxes). Nigga acting like 50k a month is poverty LOL

 

[Majestic Lion]

Rent is less than $1000, drive a new Honda Accord for $380/mo, cook your own food what else do you need to break down. I've done it before and I've never been broke.

Hell, my house note on a 3300sq ft awesome home is below $1600 ..Lol.

Atlanta Living on 4k a month
East Cobb Crib- (Walton school district) $1800(mortgage+taxes+ins)
Car- 2008-2012 Dependable Paid For Whip- no car note
Electric- $100
Heating/Cooking Gas- $70
Water- $70
Cable- $150
Cell Phone- $80
Groceries- $400
Leaves a balance of $1330 or $332.50 a week of misc/fuck up money

 

[dtownsfinest]

Shits ridiculous bruh you can get a nice modern spot in Manhattan that will have bitches wet for 8k a month you still got 30k left over(After taxes). Nigga acting like 50k a month is poverty LOL

If that's the case then dudes just need to get he fuck out of NY.

 

[dtownsfinest]

What are some of y'all doing to be making 50k a month? Shit man let me know........

 

[crossovernegro]

Need to discuss what comfortably means for the purposes of this convo (may have... I gotta read the thread).... also, is this comfortable with a mortgage, or comfortable renting (real big/nice place, or decent/economical, etc?). Home ownership just sucks money out of your pockets. Shit, I'm a good saver, but owning makes that shit hard, so as an owner, the money I make is nowhere near comfortable, but if I was renting a "decent/normal apartment" (well maintained, decent area, but nothing great or new) which in my area is probably $1,400 for a one bedroom, I'd have a lot more mad money and I'd be putting money away in savings, investments, etc whereas right now, when I save some, it goes away (property taxes, repairs, etc) and if it doesn't go away, it's in savings just waiting for major appliances or furnace/AC/Water heater replacement time.

I live in California, recently moved from Oakland to Burbank

It's fuckin expensive... I make good money but damn life here is expensive.

I had to kinda rush and rent a place here, I had corporate housing for 30ndays and that wasn't enough time to buy a home.

I have a 3 bdrm 3 bath condo and pay 3200 for just 1400 Sq ft.

What does it take live well where you are?








I'm struggling to pay her bills too! Cheese it's be expensive!

 

[^SpiderMan^]

That's only if you are single with no kids and no debt and live in the hood.

Nah...how much 80K bring home after taxes? 5K a month? You can get a decent spot by the lake for 2500/m That leaves 2500 for bills,food,transportation and condoms. It is doable.

 

[BitchI'llKillYa]

Nah...how much 80K bring home after taxes? 5K a month? You can get a decent spot by the lake for 2500/m That leaves 2500 for bills,food,transportation and condoms. It is doable.

I don't know bout that... the last house I out up in the west got into a bidding war! A fuckin bidding war for a rental!

Ended up at $5400 a month 4bdrm 3 bath 2450sqft...

I asked 4750 lol....

 

[BitchI'llKillYa]

Need to discuss what comfortably means for the purposes of this convo (may have... I gotta read the thread).... also, is this comfortable with a mortgage, or comfortable renting (real big/nice place, or decent/economical, etc?). Home ownership just sucks money out of your pockets. Shit, I'm a good saver, but owning makes that shit hard, so as an owner, the money I make is nowhere near comfortable, but if I was renting a "decent/normal apartment" (well maintained, decent area, but nothing great or new) which in my area is probably $1,400 for a one bedroom, I'd have a lot more mad money and I'd be putting money away in savings, investments, etc whereas right now, when I save some, it goes away (property taxes, repairs, etc) and if it doesn't go away, it's in savings just waiting for major appliances or furnace/AC/Water heater replacement time.

Private school
Decent luxury cars 2
Home rent or own that's middle to user middle class
Able to save and pay yourself
Not living paycheck to paycheck.

 

[Adam Knows]

I live in Charlotte, NC. Most expensive city for renters in the state. Average one bedroom goes for $1060 a month.

????? huh?

 

[tallblacknyc]

What are some of y'all doing to be making 50k a month? Shit man let me know........

pap got bread..i'm pretty sure he'll tell u his occupation..he juss on a diff bracket than most and wants to go higher but forget that his level at the moment is higher than most will ever reach... sometime when you doin something so long u forget where you are in the world and don't have time to fall back and see where you compared to most and humble yourself and really appreciate that place... you see how he was talking about rolling with millionaires he got to remember that's not normal to most, season tickets on court side is not normalto most, gotta step back and remember roof over head, 3 meals a day, a car, not feeling the bottom of your pocket when you put your hand in it, 5 figs or more in your bank account is better than a lot of people

 

[Dr. Truth]

Nah...how much 80K bring home after taxes? 5K a month? You can get a decent spot by the lake for 2500/m That leaves 2500 for bills,food,transportation and condoms. It is doable.

Studios are going for that much now bruh. 1 bedrooms are re 3000 by the lake. My house is 1900 square feet and is almost worth a million.

 

[Adam Knows]

pap got bread..i'm pretty sure he'll tell u his occupation..he juss on a diff bracket than most and wants to go higher but forget that his level at the moment is higher than most will ever reach... sometime when you doin something so long u forget where you are in the world and don't have time to fall back and see where you compared to most and humble yourself and really appreciate that place... you see how he was talking about rolling with millionaires he got to remember that's not normal to most, season tickets on court side is not normalto most, gotta step back and remember roof over head, 3 meals a day, a car, not feeling the bottom of your pocket when you put your hand in it, 5 figs or more in your bank account is better than a lot of people

Hes an attorney.

And youre right a lot of times thats not normal to most which is why i end up keeping to myself and mines if nobody around you is doing it. I have one associate to do like how i do but they travel too much for me i gotta do some work around here.

But 50k a month not living in nyc or SF

Multiple residences or a one ridiculously nice one
Nice vehicles paid off 3+
Kids tuition paid plus pay for their apartments/expenses
Basically you can do whatever you want and still save more then you spend

Now that think about it i dont see how u cant do none of that in new york with the exception of big home

 

[tallblacknyc]

Hes an attorney.

And youre right a lot of times thats not normal to most which is why i end up keeping to myself and mines if nobody around you is doing it. I have one associate to do like how i do but they travel too much for me i gotta do some work around here.

But 50k a month not living in nyc or SF

Multiple residences or a one ridiculously nice one
Nice vehicles paid off 3+
Kids tuition paid plus pay for their apartments/expenses
Basically you can do whatever you want and still save more then you spend

Now that think about it i dont see how u cant do none of that in new york with the exception of big home

you can do all that in nyc period with that type of bread.. hell i juss said for 50 g's or less in a yr u could build the ultimate chill spot/mancave where you host a shitload of events..u can top it off by actually charging to rent it out or u can keep it private amongst yourself and whoever u invite..fuck sports bar, lounges, stripclubs, casino's, clubs, community rooms, rental spots, bars, afterwork establishments, afterhour spots, hotels, u can built that all in 1 and instead of goin to the club u can bring that shit to you...that's the ultimate fun and doing whatever the fuck you want..u create that and u are ahead of the curve completely..hell u can do a lot of networking and expand ur brand with something like that

 

[water]

Atlanta Living on 4k a month
East Cobb Crib- (Walton school district) $1800(mortgage+taxes+ins)
Car- 2008-2012 Dependable Paid For Whip- no car note
Electric- $100
Heating/Cooking Gas- $70
Water- $70
Cable- $150
Cell Phone- $80
Groceries- $400
Leaves a balance of $1330 or $332.50 a week of misc/fuck up money

how is the new construction in Mableton/Oakdale area?

how is the community feel?

 

[lazarus]

I live in California, recently moved from Oakland to Burbank

It's fuckin expensive... I make good money but damn life here is expensive.

I had to kinda rush and rent a place here, I had corporate housing for 30ndays and that wasn't enough time to buy a home.

I have a 3 bdrm 3 bath condo and pay 3200 for just 1400 Sq ft.

What does it take live well where you are?








I'm struggling to pay her bills too! Cheese it's be expensive!

If money is so tight, why aren't you here?

I would stay in Glendale for about $2600 until you are ready to make a home purchase.

Yeah, you need six figures to be comfortable if you just moved here or if have a spouse or partner that can help pay. then its 60k each, and a little bit more with kids. It's doable but you would have to budget. No careless spending.
Baby boomers have it easy since they bought their houses at a reasonable price. Millennials and newcomers will have to live with 1 or 2 ppl to pay rent. Lots of multi families here too.
But if you've been here 15+ or more and you own, life is good.

 

[BitchI'llKillYa]

If money is so tight, why aren't you here?

I would stay in Glendale for about $2600 until you are ready to make a home purchase.

Yeah, you need six figures to be comfortable if you just moved here or if have a spouse or partner that can help pay. then its 60k each, and a little bit more with kids. It's doable but you would have to budget. No careless spending.
Baby boomers have it easy since they bought their houses at a reasonable price. Millennials and newcomers will have to live with 1 or 2 ppl to pay rent. Lots of multi families here too.
But if you've been here 15+ or more and you own, life is good.

I make 6 figures. I just expected to get more for my money here.

I honestly lived a better life in the bay. But as I said I was rushed in my rental decision.

I'm surrounded by CACs there's literally 1 other black person in the area.

I wish I had made a better decision

 

[A to Dah K]

Gotta recognize. Are we talking white people or black people comfortable? I'm thinking of Wall Street. I'm thinking of $10k/month apartments for 1-2 bedrooms. I'm thinking of broadway and sports season tix on the floor of the garden and/or Barclays. Of vacationing in the Hamptons, vineyard, or nj shore. Thinking of going to Europe or Asia twice annually. Super bowl and NCAA, fight weekends, etc.

I'm not there but I know these people. One of my partners was trying to get me to join a jet sharing program. $5000 per hour. I don't fly that often (maybe 4-6 times per year) but I dont need a private jet. He makes at least $2M (I've seen his taxes).

So $600k really isn't doing that much in NYC.

Thats not black or white . Thats differences in social"class" on both sides of the fence

 

[Mrfreddygoodbud]

Of course, but its relative. You can ball in NYC like anywhere else if you have the mouthpiece and hustle. But, you're sliding in with other people then. When you live in a city with many billionaires and multi millionaires. $600k ain't much. Remember billionaire mayor Bloomberg? Bitch ass soon to be impeached might've come close to being a billionaire agent orange?

With all the dough in NYC, $600k ain't a ton of money. When you rub shoulders with ceos of international investment banks and/or corporations, athletes and entertainers, ringing the bell at NYSE, you realize you're poor but didn't know it. Hanging with these cats had me sounding like Kevin hart, "You see, I'm not gonna do it. I can't do it two nights in a row. I would, but you see, the way I got my bank account set up, I got a checking and a savings, but all my money is in my savings, so I gotta switch it to my checking, but it's gonna take 3 business days...I don't think it's gonna go through."

600 k .....

In nyc a year ..........

Mayne you Ballin with two foreign cars..

A maid and a pure bred dog....

Eating Kobe steaks with truffle sauce....

If you married with children then you may want to go a little easy on the truffle sauce...

 

[jagu]

Bruh I hate Cobb County. Where in South Atlanta you at? College Park?

Enon rd and Camp Creek rd area. To put things in perspective for you. This is what you get on Enon rd for $800k

http://www.zillow.com/homedetails/1990-Enon-Rd-SW-Atlanta-GA-30331/88825523_zpid/

 

[playahaitian]

$6K in brooklyn.

you aint kidding

 

[mansamusa654]

how is the new construction in Mableton/Oakdale area?

how is the community feel?

Kay, I've heard got things about that area but I don't have first hand experience. Atl is funny bro, the housing options are extremely plentiful but you've got to be careful. Developers are slick, they'll get max valuations on new houses and those homes end up depreciating instead of going up in value.

 

[RUDY RAYYY MO]

Hilarious.

East Cobb has some of the best schools in Georgia hands down. Walton High School is easily a top 10 school. The elementary/ middle schools are also tops in the state. Pope, Lassister and Wheeler are top flight schools. Schools sell homes and increase property values. 0% crime rate, none of that home invasion nonsense. Swim team in the summer, your kids become incredible swimmers by hitting the water on a daily. 25-30 minutes to the city, can take 75/285/400, all viable options. 15 minutes to new Braves stadium. Some of the best restaurants in Metro Atlanta. 15-20 minutes to Lenox, Perimeter, or Cumberland malls. Whole Foods, Trader Joes, Sprouts all within 5 minutes of each other.

All things considered, easily one of the best places to live in the A. Sorry for you if you buy in the wrong area in ATL. No home value appreciation, terrible schools and crime potential is crazy.

Dont forget the southside, Fayetteville, Peachtree City,Newnan.

 

[dtownsfinest]

You're not making sense to me

You're acting like 600k a year jobs are ordinary.

Less that 5% of the nation is earning that kind of money yearly... probably closer to 2%

50k a month is not normal.

I thought I was living in the twilight zone.....like 600k a year is normal.

 

[BitchI'llKillYa]

Enon rd and Cam Creek rd area. To put things in perspective for you. This is what you get on Enon rd for $800k

http://www.zillow.com/homedetails/1990-Enon-Rd-SW-Atlanta-GA-30331/88825523_zpid/

Wow