The Amount of Money You Need to Be Emotionally Well in Idaho
I agree with these numbers, but it's much easier said than done. The majority of jobs in Idaho don't pay this much money, so what's the solution?
A study on msn.com says that in order to achieve emotional well being, you need to bring home between $55,980 and $69,975.
I have two kids. They both play sports and I'm a single Mama living what I would say is a very average Idaho lifestyle and I feel like I need at least the upper end of those numbers to not worry about money all the time.
I know of a lot of jobs that pay between $45,000 and $55,000 which puts you on the brink of being majorly stressed out financially.
I drive around all the time seeing huge houses and I think "what do these people do?" Since when did $500,000 to $750,000 homes become somewhat "normal"?
It seems like you almost have to live in a two-income household these days just to have financial dignity and not worry all the time.
This same msn.com study says you need $97,965 to be happy in Idaho and $88,635 for life evaluation. I'm not even sure what that means, I just know with the rising cost of housing, the price of cars these days, and kids extra-curriculars it feels like you have to pull in a lot of cash and I haven't seen salaries rising for a long time.
What are your thoughts on these numbers? Do you think they are accurate? I'm also curious where all the six figure jobs are coming from? According to Zillow.com, the average home in Ada County is about $340,000. For a first-time home buyer putting down $10,000, you're still looking at around a $2000 a month house payment! A $55,000 a year job doesn't support that. How are people surviving in Idaho? Seems like something has got to give!