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Could you live on a $39,000 salary?

Blogs > keepITup
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keepITup
Profile Blog Joined November 2009
251 Posts
February 22 2010 18:03 GMT
#1
Apparently CNN thinks this man is amazing because he can support his family on a teacher's $39,000 salary. He even wrote a book about it to help all those other teachers who just can't get by.

I'm still in college, so this has me worried if people are labeling $39,000 as hard to live off of. I always thought it would be amazing if I could make any where near that out of school (doubtful, I know).

So could you live off a $39,000 salary? Do you think teachers have it rough?

I'd give my personal view but I obviously don't have the experience. But I always thought that teachers cry way to much about an otherwise good career to have. I'm probably wrong though.



*
StarN
Profile Blog Joined November 2004
United States2587 Posts
February 22 2010 18:06 GMT
#2
largely depends on where you live. with property in rates in places like New York I find it would be very hard to support a family of 4 with a 39000$ salary.
Retired BW Noob
Hot_Bid
Profile Blog Joined October 2003
Braavos36390 Posts
February 22 2010 18:06 GMT
#3
theres a difference between a guy supporting his family off 39k and you supporting yourself. even living in a really nice city, 39k for a single person is plenty assuming you don't spend a ton of money on luxury items. but for a family, 39k is quite low.
@Hot_Bid on Twitter - ESPORTS life since 2010 - http://i.imgur.com/U2psw.png
The6357
Profile Blog Joined August 2005
United States1268 Posts
February 22 2010 18:07 GMT
#4
if ur living alone...39k is more than enuff...but if u have to support a family (kids)...I think it's still enough but you could have more...:p
2010 worldcup!! corea fighting!!!
Chromyne
Profile Joined January 2008
Canada561 Posts
Last Edited: 2010-02-22 18:08:38
February 22 2010 18:07 GMT
#5
My family lived on less while my father was alive. My mother didn't work and there are three teenage children (no income). We lived a very normal life minus minor luxuries (snacks, new toys, etc.) but it was very comfortable and I'm sure you could live on a lot less.

This was about a decade ago though.

EDIT: It does matter where you live as well.
Soli Deo gloria.
LeperKahn
Profile Blog Joined April 2008
Romania1848 Posts
Last Edited: 2010-02-22 18:12:44
February 22 2010 18:12 GMT
#6
On February 23 2010 03:06 Hot_Bid wrote:
theres a difference between a guy supporting his family off 39k and you supporting yourself. even living in a really nice city, 39k for a single person is plenty assuming you don't spend a ton of money on luxury items. but for a family, 39k is quite low.


Supporting a family is hella expensive.
CJ Entusman #14 • http://soundcloud.com/discodinosaur • https://discosaur.bandcamp.com/
Biochemist
Profile Blog Joined February 2009
United States1008 Posts
February 22 2010 18:13 GMT
#7
I was raised on 30-35k a year (family of four), but we mostly lived in suburbia (TN/PA). Teachers out here in California make more like 60k.
emucxg
Profile Blog Joined May 2007
Finland4559 Posts
February 22 2010 18:14 GMT
#8
$39,000 is not bad
ItsYoungLee
Profile Blog Joined December 2007
Korea (South)227 Posts
February 22 2010 18:16 GMT
#9
I'm a college student and I support myself fine on a $20,000 salary (my tuition is covered,etc... though)
ePParamedico.160 (formerly ElParamedico)
mdb
Profile Blog Joined February 2003
Bulgaria4059 Posts
February 22 2010 18:17 GMT
#10
i live with 5500 usd a year :D
TeabagInsurance
Profile Blog Joined February 2010
Canada320 Posts
February 22 2010 18:20 GMT
#11
Hot_Bid is pretty much spot on. You can easily live off 39k, but it's more difficult when you are supporting a family obviously.

I don't really know the neccesary amount to live off of while supporting a family, but if you are smart with your money I can see it happening with 39k. I wouldn't exactly call it amazing though.
Tired of getting teabagged? Get your teabag insurance today!
NonFactor
Profile Blog Joined January 2009
Sweden698 Posts
February 22 2010 18:20 GMT
#12
I live with my parents.
Zilver
Profile Joined December 2008
Finland282 Posts
February 22 2010 18:31 GMT
#13
On February 23 2010 03:20 NonFactor wrote:
I live with my parents.


ok
1a2a3a iWin
eXigent.
Profile Blog Joined February 2007
Canada2419 Posts
February 22 2010 18:32 GMT
#14
This year I only made 41,000 after taxes, but was able to pay all my bills each month and still have 1.5-2K in spending money each month.
Patriot.dlk
Profile Blog Joined October 2004
Sweden5462 Posts
February 22 2010 18:37 GMT
#15
What does "support a family" means? In sweden schools and medical attention are basically free all though you might have to buy your medicine but once you bought for $ 250 you have reached the maximum amount and get the rest for free during that year.

I guess you need quite a lot to support them with collage and health care
St3MoR
Profile Joined November 2002
Spain3256 Posts
February 22 2010 18:42 GMT
#16
hell yeah, i could live on 39k
Prophet in TL of the Makoto0124 ways
Chef
Profile Blog Joined August 2005
10810 Posts
February 22 2010 18:44 GMT
#17
Does his wife not work?
LEGEND!! LEGEND!!
MannerMan
Profile Blog Joined July 2008
371 Posts
February 22 2010 18:48 GMT
#18
yeah, easily

I don't know if I could support myself and 3 others on it though
KOFgokuon
Profile Blog Joined August 2004
United States14908 Posts
February 22 2010 18:53 GMT
#19
I know grad students who are support families of 4 off a student stipend ($30k roughly) 2 small kids, so the diapers and shit add up. They don't eat as much though
Weaponx3
Profile Joined January 2009
Canada232 Posts
February 22 2010 18:55 GMT
#20
This is gonna be my salary for my 1st job out of college, i have been out of work for a year since the recession. I dont have a family to support but i do enjoy helping my family and others. If i was married and the only one with a income it would be more difficult but not impossible. People just need to be more aware of the spending in what is needed and what is a luxury.
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