For those people wondering how much they should strive towards making without having to live paycheck to paycheck, the MIT living wage calculator [livingwage.mit.edu] is actually pretty accurate. I field tested it against my own numbers/estimations and came up with pretty similar results. For instance, it lists a livable wage in West Palm Beach Florida to be 11.30 hourly. After deducting taxes and estimated cost of living, I came up with a comfortable $300 a month "discretionary" income in which you could use to pay off debt, save, or any other goals. Check it out and tell me what you fellow "numbers geeks" think!
Edit: Sorry folks but it looks like you'll have to copy and paste the link because it won't hyperlink lol
Submitted March 06, 2017 at 05:52PM by thatonecoolkid99 http://ift.tt/2lxuMUp
