At What Level Would You Feel Financially Secure?

[adam_warlock_2099]

Based on your annual income now, at what percentage/amount do you think you would feel financially secure? Not rich, but bills paid and having money to save or spend on what you wanted. Never having to say, I can't buy this many comics this week, or buy this game. I feel like if I made 25% more than I do annually that I would be where I could save money, not tell my kids I can't buy them something because I don't have the money (which is the worse thing I could ever tell my kids).

I don't want to be a millionaire, but I would like to feel that I don't ever have to worry about the necessiaties and the occasional odds and ends.

You don't have to share your income or actual numbers, but just a ballpark of what more you would need to feel the serenity of security for the present and the future.

I am also curious as to what families are working on one income, if you want to share. I provide for a family of four so that my wife can go to school and stay at home with the kids rather them being raised by a daycare.

[Cam63]

I'd be happy with about $ 2,000,000.

[ever_seeking]

Ugh, money.

[jhota]

if i made about 20 times what i make now, i'd be good.

[Kevin T Brown]

I've got it already figured out....

$10 million. No less than that.

Pays off bills, allows a comfortable life, and gives me more than enough for eventual assisted living once I get to that point it's needed (70+).

[adam_warlock_2099]

I'm just saying at the point that I am now, I could easily make things better if I made at the minimum $50,000 take home a year.

[Treacle]

60k/year

[Cam63]

Ugh, money.

What's an ugh worth ?

[stealthwise]

I honestly don't know how people get by in larger cities with the ridiculous prices on things like houses, food, gas, etc.

I live in a fairly low-cost mid-sized Canadian city with some of the lower-priced real estate on this side of the country and it doesn't feel like I make as much as I thought I would. There's always bills, always debt, and so on. I don't even know if making an extra, say, $1000 a month would make things that much easier.

Our family lives comfortably, but I think everyone feels pressure to earn more regardless of how well off they might be.

[TheTravis!]

As long as I don't have to go back out on the street corner, I'm happy.