What kind of salary would you need...........

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<p>Most girls are not going to be impressed by a guy who chooses to live at home no matter how big or expensive the house is. It makes you look like you either don’t know how to be self-sufficient or are simply a mooch.</p>

<p>“MiamiDAP, let’s just hope that the OP isn’t trying to impress one of your D’s” - not very easy, not by Mercedes, not by the house, she has no plans to depend on somebody any way, she is on a way to her own riches (hopefully), very hard working girl.</p>

<p>Mercedes canceled their dividend that they had been paying for 114 years after reporting a loss for Q4 when a profit was widely expected. It looks like some bad timing on management’s part.</p>

<p>Lil Wayne -</p>

<p>Will you trade in the car that your parents gave you towards the purchase price of the Mercedes?</p>

<p>Is the car they gave you really unacceptable? What type of car is it? If you’re not happy with the car, why not? Did they include you in the decision?</p>

<p>We recently bought my daughter a car and we took into account her wishes in the decision - she wanted style; we looked mostly at safety, but we all decided on a car that she is very happy with and it should last her for several years. There are so many cars on the market, it wasn’t too hard to do.</p>

<p>There are many single-parent families here, don’t know about where you all are living. It does indeed take two incomes for most families to make $100K or more, so no, I don’t think $100K for a single earner is an “average” income, at least not in HI among those I know. There are many FAMILIES who combined have about $100K before taxes, but the cost of living here is extremely high.</p>

<p>Rents and mortgages are among the highest in the nation every year. Our income taxes are about the highest in the nation as well. Many families have multiple generations living together to save housing costs (which brings its own issues). It is NOT uncommon for married college educated adults to live with their parents until they get married, even a decade or more after they get their college degree.</p>

<p>I think you are confused, HiMom about what is being asked here. There are single parent families all over the world. We all would probably agree families often have kids’ costs, medical bills, house payment, insurance costs and many other costs. Those bills take money away from what one might want to spend on a dream car. But, HiMom, none of that is relevant to the Op’s question. An average families’ income is also not relevant to the Op’s question.</p>

<p>This thread is about the OP, who is apparently single, with no children, and has asked for opinions on how much he’d have to earn to buy his dream car, if he remains in his parents home living as a child rather than a self-supporting adult, and thus saving up his wages toward the car. His cost of living would be nearly zero.</p>

<p>Sorry, I was responding to other comments about how $100K is “average,” since it is certainly NOT an average salary in our state, no matter what the individual’s specific expenses are. Did not mean to derail the conversation or hijack, but believe the OP’s question has been answered several times over by others in this thread. Can’t think of what more there is to discuss, other than loans the OP may also have (especially ed loans & others).</p>

<p>FWIW, I’m NOT confused, tho I apologize if I have confused you.</p>

<p>I’m with Oldfort on this one. My kids are welcome to move back here. If they are NOT working, I will cut them a break on rent but only for a SHORT TIME. If they ARE working, they WILL pay me for rent, part of the utilities, food. And they will be responsible for all of their own personal spending (clothes, entertainment, cars, health insurance, car insurance, car maintenance, etc). And if they live in my house…they have to deal with MY house rules.</p>

<p>Just an FYI to the OP…buying an expensive car is your decision. BUT remember too…the costs of maintaining that car also need to be factored into your decision. Expensive cars are expensive when it’s time for any kind of repair or maintenance.</p>

<p>You did indeed confuse me, but I’m much better now. Thank you!</p>

<p>Hoss</p>