How Much Money Do You Need To Change Your Life Right Now, And What Would You Use It For?

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Vancher

Vancher

Күн бұрын

Пікірлер: 18
@That1SupportiveFriend
@That1SupportiveFriend 16 күн бұрын
I currently own a house that needs to be torn down and built from scratch. Google states that it can roughly cost an estimated $125k on the low end for this and let’s tack on an extra $5-10k for a decent used car. So that’s in the $130k range. So $130k would do it.
@SebastianBlix
@SebastianBlix 13 күн бұрын
$100k is the minimum necessary to substantially change my current life, and of course more would change it more.
@Ke5oop
@Ke5oop 19 күн бұрын
150k. Could make that last the rest of my life. Put it to work.
@RedHeadForester
@RedHeadForester 18 күн бұрын
_Two_ unrelated neighbours of mine have inherited over £100,000 each and blown it in a couple of years on food and weed. I learned a couple of days ago that my ex inherited £10,000 6 months before I got with her but by the time we were together she only had a £2,000 campervan to show for it, which she has since sold and likely blown all the money since she quit her job again. I live in the same circumstances on about £7,500 a year. That's enough for subsistence plus a few luxuries. £100,000 would be enough to put most or all into my pension and know that I didn't need to worry about my retirement any more. Or I could buy some land and know I had a place that belongs to me. I'm 29 but either could take a lot of pressure off in life.
@keithmorgan4883
@keithmorgan4883 18 күн бұрын
This is the only AI reading voice i like on these types of videos.
@kcwatermark
@kcwatermark 19 күн бұрын
Seriously some of these stories make me wonder how the hell people even live. 1.5 million is achievable even in the Midwest if you save and do the 401k company match. If you want to get a head it takes a lot of overtime or two jobs sometimes to get out of debt, but it is possible... just make a plan and STICK to it.
@Ferdinand208
@Ferdinand208 19 күн бұрын
Every story: 1 is bad at managing money 2 thinks that if you give them more money to manage, it will get better You know why? Because people that are good at managing money don't reply to these kinds of questions.
@modestassakalys9871
@modestassakalys9871 16 күн бұрын
well reality is that the more money u have the less u need because being poor is expensive example let's say two people are at same situation they both earn same money spend the same amount of money but both have different money saved and invested let's say one have 250k invested in dividends with 3% while another have none on the end of the year its 7500$ extra but there is taxes 15% so that leaves 6375$ extra for yearly if we consider that both lived on same level they both earned let's say 40k and both spend 35k that leave one with 11375 $ and another with 5000 $ and another year comes and dividend yearly yield increased by 7%which is natural by inflation even without reinvesting money that increase gives 17500$ also take out 15% dividend tax 14870$ even with same outcome in 2 years the difference start to show on second year both managed to save 5k like last year so one saved 26245 $ and other saved 10k
@AbhayShirole
@AbhayShirole 18 күн бұрын
On my way towards my first $1 Million in 3 years. I'm 30 now.
@Agaettis
@Agaettis 19 күн бұрын
350k if I keep working.
@zacedx
@zacedx 16 күн бұрын
Honestly , 20 for the chicken nuggies. Even tho I got debt. 😅
@Sirkanythe
@Sirkanythe 19 күн бұрын
A minimum of 15K the other stuff I can handle or I'd like to believe.
@MintRobin
@MintRobin 19 күн бұрын
What do you mean? A bigger house? A newer car? Less stress paying bills? Because that's all the money would go towards. That's not really worth much to me, as I already have a house/cars/pay bills. All it would do is what I already do, but easier. If it was actually going to CHANGE my life, I would need to stop working, in which case the money would be an absurdly high amount. Genuinely, if I got 200k right now, I would just pay off my house, buy a better car, clothes etc. and the rest would sit in savings. If I can't quit my job then the money is only material.
@MintRobin
@MintRobin 19 күн бұрын
Also loads are : I would donate the money This isn't about changing other people's lives, if you'd just give it away then you don't need it either, you're basically saying your life wouldn't change. The reason I'm saying this is to discourage people from chasing money. Have a real think: What is it actually worth to you?
@theparodychannel7842
@theparodychannel7842 16 күн бұрын
100k wld allow me to retire easily in 5 years
@user-bm6wu9zw9m
@user-bm6wu9zw9m 19 күн бұрын
I’ll be ok with about 25m
@wclark3196
@wclark3196 19 күн бұрын
$1,000,000. That'd be enough to buy an OK house in my city without a mortgage. That's outside our capabilities. Otherwise, we are fortunate. I have a good job that pays fairly well for all our regular expenses.
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