Is $65,000 monthly enough to live on?

[carang]

my hubby, my baby, i live on less than $30,000/month. we pay about $6,000 in rent and we have a full time helper($3400). we aren't able to save very much because we are paying of schoolng for both of us. once that is paid off, we should be able to save some. we don't go out for dinner very often anymore because our helper is a great cook. we usually buy DVDs instead of going to the cinema (easier with a baby). we do go out once per month for a "date night" including dinner and a movie. we don't buy our clothes at armani nor our groceries at citysuper or oliver's. we think before we spend whether we NEED what we are buyiing or whether we WANT it.

i can only dream of making $65,000/month (and having no one to spend it on but myself).

my suggestion is not to get into the "expat" lifestyle too much. we have friends that just moved back to canada after about 4 years here. they purchased a nice brand new house and a couple of new cars with CASH. they are in their early thirties and have no mortgage to pay and money in the bank. they are able to live for a least a year before they MUST find jobs!!!

to me that is a fantastic position to be in when you return to your home country!!!

to make a long and boring post short...$65,000 should be enough for you to live on with about $40,000 per month to spare!!!

[kombuchakid]

yo max
when was the last time you got only 65k for 30 days of toil?
thats only like 2 k a day; last time I looked soda jerks like your goodself were billing 1k and hour so unless our friend here is doing part time he is getting slave wages.

end of tirade

There are no "golden rules" when you are in the >65k bracket, there is only Deepak Chopra and his "Creating Affluence"
http://www.newworldlibrary.com/produ....cfm?SKU=24343

There is a class of people that always thinks about money-and that is the poor

[kombuchakid]

look what happens when you let filthy lucre go to your head, a sad tale really and almost totally the opposite of what Chopra advocates

http://www.chron.com/cs/CDA/ssistory.mpl/front/3232378

interestingly the SCMP has a local spin to the story and also omits the fact that Mr Green, the'hero' of the tale is black.

[Bogs]

Bogs, let me do a rough calculation for you. 65000 - 15000 (rent) = 50000. If you want to save 20K/month, then you still have 1000/day to use. One day 24 hours, you have to spend $41/hour.

Let's have a game, after 24 hours (each dayend), if you can't use up the money, share it to us.

Thanks mate, but it's not that simple. I have to pay tax on the earnings like everyone else. There will be other expenses like bills. I hear public transport is cheap though. Are there good bars i Hong Kong?
Thanks for all the replies, I appreciate your help.

[Celli]

Yes..public transport is cheap..you can easily buy a bus!! Happy riding bogs..

[NightWalker]

Kombuchakid> Then don't come out when Bogs invites us out for drinks.

[tt2003]

I cant c any difficult for a single to live in HK with monthly 65K, instand of you live like Lee Ka Shing

Lee Ka Shing is thrifty, he may personally not use 65k per month

[Cornelia]

Where are you from Bogs?

Quote:
Thanks mate, but it's not that simple. I have to pay tax on the earnings like everyone else. There will be other expenses like bills. I hear public transport is cheap though. Are there good bars i Hong Kong?

Do you think people not earning as much as you don't have bills to pay? If anyone else can live a good life, surely you can. I find it a bit sad that again life in HK all seems to be about money, or the lack of it.

[Joshoc]

I have been makingt it on less than 15k and finally am looking at a job that will be paying 65k and i am OVER THE MOON. I never made more than 40k per month as a single man living in a 700 sq ft full seaview flat on Gloucester Rd overlooking the yacht club, renting junk boats once a month, zipping off for five weeks of holiday in the sun across Asia and buying $65 drinks down the Dubkin Jack for everyone I knew. And THAT was five years ago, property prices, while increasing, are just 33% where they were 5 years ago.

PRAISE THE GODS AND TAKE THE JOB.

[Becks23]

...i thought this thread was a joke for a second...

and i'm contemplating moving back to make 5G's + bonus' a month after I graduate ahahahahha

beef brisket noodles ~$15/bowl X 3 and your set