Have you ever wondered what “good” money is? Is there a such thing as “bad” money? I don’t think so. I hear the term all the time, in various instances. “He must make good money.” I’ve never heard someone say “He must make bad money.” Unless it was someone talking about a poorly made counterfeit bill. 😉
It makes me wonder exactly what people view as “good” money. I like to think I make a decent salary, but I don’t know if I’d consider it good money. It pays the bills, and I have enough that I can pay down debt and focus on saving money at the same time.
I know that there are wide salary ranges depending on the certain career path and location. For example, a customer service representative in Milwaukee, Wisconsin may make $12 an hour, while a doctor there makes $100 an hour. In California, the customer service representative may make $20 an hour and the doctor makes $200.
I’m a firm believer in it’s not how much you make, it’s what you do with it, so good money to me may not be good money to someone else.
I think a decent salary is around $45,000-50,000 a year, plus benefits. Where I live, the cost of living is decent, so I could make that go pretty far!
What do you consider “good money” when it comes to salary? Where do you live?