All depends on how you want to live, and where you live.
Keep your rent low, your food bills down, forget luxuries like cable tv, don't get sick, etc - you can survive on 15 an hour.
But one thing I can tell you, there is a magic number - when I was single it was around 60k per year - call it 30 per hour. It's probably a little higher nowadays.
Once you hit that, you're over the hump. You have enough to comfortably pay all your bills on time every time, and still have enough left over to do whatever you want with. You have what"s called "discretionary income", and it"s a wonderful thing.
At that level, you still have to live wisely and frugally, but you'll find you have control over life, not the other way around. You should strive for that number.
Money doesn't buy you happiness, but it does buy you freedom.
Now, when you get married and have kids... you've got to at least double these numbers.
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Today's Featured Article - Using Your Tractor: Creating a Seed Bed - by Chris Pratt. When I bought my first old tractor, I had only one idea in mind. It wasn't the preservation of old iron since at that time, I was unaware that people even did this. It wasn't to show off my restoration skills (though I had tried my hand at a couple of old motorcycles in my teens and if I recall correctly, those old motorcycles were sold in boxes about one quarter finished). It wasn't to relive memories of Grampa, Dad or myself out on the back 40 nursing the Farmall pulling too many b
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