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In your wildest dreams, how much money would you need to live per month?

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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:37 PM
Original message
Poll question: In your wildest dreams, how much money would you need to live per month?
Edited on Mon Nov-10-08 03:40 PM by ColbertWatcher
I just got finished reading this thread about how much money another corporate sociopath is being paid (I refused to say he was earning) $39,452.05 per day, including weekends.

WTF!? For a thirty-day month, that comes out to $1,183,561.50!

Okay, DU, in your wildest dreams--say, you won the lottery, or something--how much money would you need to survive month-to-month. Just you personally, not for a business. You may also include any members of your family that you can't ditch.

How much money would you need to live per month?

The "salaries" below are post-tax.

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SharonRB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:39 PM
Response to Original message
1. I assume these numbers are post-tax, right?
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:39 PM
Response to Reply #1
2. Sure. I'll add that in there. n/t
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SharonRB Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:45 PM
Response to Reply #2
5. Thanks!
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rateyes Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:39 PM
Response to Original message
3. In my wildest dreams?
None. In my wildest dreams, I would like to be able to survive and thrive without the need for money.
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Toucano Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:52 PM
Response to Reply #3
11. Excellent response!
I've been working on developing a society that doesn't need money, but I haven't got all the kinks worked out yet.
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onehandle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:44 PM
Response to Original message
4. The Paris property alone would be over 5k.
I won't even mention the NYC property.


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OPERATIONMINDCRIME Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:46 PM
Response to Original message
6. For My Wildest Dreams? I'd Go With 25000-50000.
I mean, more would absolutely be welcome of course, but 25-50g would make my dreams more than wild enough. :)
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ecstatic Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:48 PM
Response to Original message
7. Assuming a mortgage of around 5k/month, I'd say 10k
or wait, 15k...since mortgage should be 1/3 of income. :)
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dysfunctional press Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:48 PM
Response to Original message
8. as much as i had to spend.
all i can say is that my wildest dreams are pretty fucking pricey.

a better question might be to ask what would be the bare minimum you would need to live, and/or maintain some semblance your current lifestyle...?
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:00 PM
Response to Reply #8
15. Yes, that would be a more reasonable question.
But, I wanted to see if anyone could ever dream of the GM guy's apparent monthly need.

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HeraldSquare212 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:51 PM
Response to Original message
9. We all tend to spend whatever we have, more or less.
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:53 PM
Response to Reply #9
12. yes, you get a raise, suddenly you MUST have a flat screen.
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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:59 PM
Response to Reply #9
14. no we don't
Not me anyway. I always have money in savings, put money in my IRA and try to save.
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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:51 PM
Response to Original message
10. different poll - "what's the minimum you need to survive?". In my wildest dreams I need a billion.
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Greyhound Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 03:59 PM
Response to Reply #10
13. You couldn't spend it.
Even globe hopping and picking up entire countries you'd run out of things to buy in less than a year.


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Liberal_in_LA Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:00 PM
Response to Reply #13
16. I'd hope to make large donations to nonprofit charities
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ColbertWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:04 PM
Response to Reply #16
17. Agreed, if I somehow got $1 million a month ...
... and had to spend it all, I'd create a charity!

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hfojvt Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:04 PM
Response to Original message
18. I currently live on less than $1,000 a month
so I guess at $4,000 a month, I would feel obscenely rich.
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brendan120678 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:06 PM
Response to Original message
19. My wife and I survive just fine...
Edited on Mon Nov-10-08 04:08 PM by brendan120678
on about $9K per month, combined income pre-tax.
That's to support the two of us and our 6 month old baby.

We could even survive on less if we had two - we're comfortable where we are now.
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Wiley50 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:11 PM
Response to Original message
20. Once I had bought for cash the million dollar sailing catamaran
I could live easily on less than $1000 a month anchored out in Central America

In fact, I'd have trouble spending that much
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grannylib Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:16 PM
Response to Original message
21. We're doin' it on a lot less than $5k/month now, but it's a major struggle...
I'd be delirious with say, $6-7k/ month. I'd feel super-comfortable with that kind of money. SUPER comfortable.
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bemildred Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:20 PM
Response to Original message
22. I have found in the past that at around $90K per annum I had more than I knew what to do with.
I now live on much less than that. There is nothing more pathetic to me than someone making say $350K a year that doesn't know how they can make ends meet. You have to be pissing away one hell of a lot of money to do that.
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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:23 PM
Response to Original message
23. To me, $5,000 a month is a very comfortable amount.
Edited on Mon Nov-10-08 04:25 PM by Mike 03
But I am lucky in that I don't have a mortgage, rent or car payments. Also, I live alone. No family. Just me, a dog and a cat.

I am really trying to curtail my spending because of a fear of loss of buying power in the future. I'm training myself to live on the bare essentials and am cutting out many of the luxuries and discretionary items I used to enjoy.

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MilesColtrane Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:28 PM
Response to Original message
24. Since there's no ceiling on what insurance companies can charge...
...for medical, and given the growth curve of premiums and co-pays, I'll go with 50-100K a month.
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Burma Jones Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:33 PM
Response to Original message
25. About what the wife and I make now.....my wildest dreams generally have no cash value
and, given enough Baby Sitters, we can afford to do whatever we want.......

Time is way way way more valuable than money

That's what happens when you don't buy as much house as you possibly can afford........

If I had a Million a Month, my parents and my Brothers could finance some of their wild dreams.......
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Mike 03 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Nov-10-08 04:34 PM
Response to Reply #25
26. "Time is way way more valuable than money"
Amen to that.

I would trade all my money for time in a second.
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